Half of Americans Oppose Bailout for Troubled Homeowners

Low marks for Paulson, bailout Poll majority are unhappy with Treasury Secretary and financial rescue plan, but approve of help for homeowners.

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Faced with the economic crisis, an overwhelming majority of Americans blame both the Republican and Democratic parties for it. While, the public appears to be wary of the bailout, they are not opposed to government financial assistance for helping homeowners in danger of losing their homes.

Not since the Depression has a larger share of Americans owed more on their homes than they are worth. With the collapse of the housing boom, nearly 8.8 million homeowners. officials say they still.

Only 28% say the plan also will help homeowners and people throughout the country as well. THE ECONOMIC BAILOUT WILL HELP.. Now 10/6 10/1 Just Wall street 63% 60% 54% The whole country 28 30 39 Those with lower incomes are most likely to think the bailout will help just Wall Street.

Thursday, February 19, 2009. Forty-five percent (45%) of Americans oppose the federal government subsidizing mortgage payments for financially troubled homeowners, according to a new Rasmussen.

Six Mass. banks fight foreclosure ordinances BOSTON – A group of western massachusetts banks argued before the state’s highest court on Thursday that the city of Springfield’s anti-foreclosure ordinances should be overturned. The banks say the local ordinances contradict state laws, and a bond levied on lenders constitutes an illegal tax.

Mexico duties may price Americans out of cars Poll: Americans Prefer Obama Over McCain On Economy 45 to 33 Percent – And despite some articles arguing that the roots of the crisis go back to Democratic White House and Congressional control, Americans blame Wall Street and President George Bush. Americans oppose..

First, President Bush pushed Congress to pass legislation to approve the Troubled. of $350 billion in bailout monies. The bill allowed the tapping of the second half of the bailout program, made.

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New Mortgage Bankruptcy Bill Does Not Address Real Problem. According to The Housing Wire, 50% of Americans oppose bailing out troubled homeowners. "These findings indicate that there are.

On March 20, 2007, I wrote here that a mortgage bailout was coming and would cost at least $1 trillion, yet not bail out homeowners. As it turned out, the bailout did nothing to stop foreclosures.

The measure also would require President Obama to dedicate at least $40 billion to help distressed homeowners avoid foreclosure, in part by creating a "safe harbor" that would protect loan servicers.

Poll: Public Wary Of More Bailouts.. sixty-one percent of those surveyed say the government should help homeowners, while just 20 percent oppose. More than half of Americans also approve of.

Why homeowner bailout plans don’t work.. millions of Americans are in this terrible. or the federal government should focus on programs to quickly move troubled homeowners to affordable.