The media campaign is on
April 26, 2010 | federal legislation, industry | Comments (0)The mainstream media is trying to make financial reform inevitable. This is the latest tactic, releasing a last-minute poll:
Most back stricter financial reform, advantage Obama
About two-thirds of Americans support stricter regulations on the way banks and other financial institutions conduct their business, according to a new Washington Post-ABC News poll.
Majorities also back two main components of legislation congressional Democrats plan to bring to a vote in the Senate this week: greater federal oversight of consumer loans and a company-paid fund that would cover the costs of dismantling failed firms that put the broader economy at risk.
Sorry, not buying it. Those polled were not asked alternative questions, such as, “if the state already regulates consumer loans, should the federal government also regulate them?”
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