more than 80 percent of americans think we are on the wrong track

Comment #10

Tenaj — Tue, 22 Apr 2008 15:21:51 GMT

It's not the quantity of government it's the quality.

Comment #9

justxploring — Sun, 06 Apr 2008 09:10:36 GMT

I fell as asleep the other night and woke up to Glenn Beck talking to Ron Paul. Was I dreaming? Guess not!! http://www.youtube.com/watch?v=3i6D_tWetv8<br

Comment #8

pumpi76 — Sun, 06 Apr 2008 05:16:05 GMT

more than 80% of Americans think we are on the wrong track....So am i...

Comment #7

pumpi76 — Sun, 06 Apr 2008 05:14:09 GMT

so am i...

Comment #6

konane — Sat, 05 Apr 2008 22:22:13 GMT

How thoughtful of Keystone to became a member to make that last post.

Comment #5

Keystone — Sat, 05 Apr 2008 20:03:56 GMT

keep up the great news posts. I am voting for Hillary Clinton-----Strategic Energy Fund with emphasis on solar/wind/hydrogen, ending of discrimination against those with preexisting conditions in the health care industry, vouchers for the homeless, balanced budget with stronger economy, lower interest rates with moratorium on mortgage foreclosures, and increased port security + protection of nuke plants. Hillary Clinton sponsored the Voting Rights Act of 2005 and the Bridging the Gap for Wound... [ More ]

Comment #4

JAP69 — Sat, 05 Apr 2008 19:29:49 GMT

The banks were packaging mortgages for sale on the money market. They were grabbed up by investors with the sight of a high return on investment. These mortgage packets were in billions of dollars. Obviously the banks made money on these sales as well as the investors. The banks needed more mortgages to sell in their packets. So they lowered the criteria for borrowing Which brought in more lower eend borrowers. These were sold to the market investors. We know what the final resul... [ More ]

Comment #3

time*treat — Sat, 05 Apr 2008 12:53:31 GMT

If people think gov't is the cause of the current problems, why would they also think MORE gov't would be the solution?

Comment #2

four4me — Sat, 05 Apr 2008 06:06:45 GMT

yea but it was ok when Bush said he wanted the government to control and regulate the stock market......... i thought they were already supposed to be doing that.

Comment #1

jarasan — Fri, 04 Apr 2008 23:25:50 GMT

But you know what is really scary is: Hillary wants to have a property czar! Welcome to the cooperative, comrade! If you don't see where this could go you are blind. More govt. control is the last thing we need, regulation of lending practices maybe, but they can't even manage federal lands! God bless MLK

Original Blog Entry: more than 80 percent of americans think we are on the wrong track

LOTTOMIKE — Fri, 04 Apr 2008 22:43:27 GMT

NEW YORK (April 4) - More than 80 percent of Americans believe the country is headed in the wrong direction, the highest such number since the early 1990s, according to a new survey.

The CBS News-New York Times poll released Thursday showed 81 percent of respondents said they believed things have pretty seriously gotten off on the wrong track. That was up from 69 percent a year ago, and 35 percent in early 2002.

The survey comes as housing turmoil has rocked Wall Street amid an economic downturn. The economy has surpassed the war in Iraq as the dominating issue of the U.S. presidential race, and there is now nearly a national consensus that the United States faces significant problems, the poll found.

A majority of Democrats and Republicans, men and women, residents of cities and rural areas, college graduates and those who finished only high school say the United States is headed in the wrong direction, according to the survey, which was published on The New York Times' Web site.

Seventy-eight percent of respondents said the country was worse off than five years ago; just 4 percent said it was doing better.

The newspaper said Americans are more dissatisfied with the country's direction than at any time since the poll's inception in the early 1990s. Only 21 percent of respondents said the overall economy was in good condition, the lowest such number since late 1992. Two in three people said they believed the economy was already in recession.

Still, the approval rating of President George W. Bush did not change since last summer, with 28 percent of respondents saying they approved of the job he was doing.

The poll also found that Americans blame government officials for the housing crisis more than banks or home buyers and other borrowers. Forty percent of respondents said regulators were mostly to blame, while 28 percent named lenders and 14 percent named borrowers.

Americans favored help for people but not for financial institutions in assessing possible responses to the mortgage crisis. A clear majority said they did not want the government to lend a hand to banks, even if the measures would help limit the depth of a recession.

Respondents were considerably more open to government help for homeowners at risk of foreclosure. Fifty-three percent said they believed the government should help those whose interest rates were rising, while 41 percent said they opposed such a move.

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