Bailout and Response:
By a small margin (+11) voters are still unfavorable toward the bank bailouts of TARP. However, voters within the R in D seats are fairly evenly split.
Effectiveness of banking regulations.
Voters are split on the effectiveness of recent banking regulations (38% more harmthan good / 41% been helpful). More importantly, neither supporters nor opponentsof these new regulations reach 50%. The real finding here is that the voters knowvery little of this subject and therefore have not formed an opinion on the matter.
Fannie & Freddie phase out.
A majority favor (52%) phasing out both Fannie and Freddie with even a plurality of voters in R in D seats supporting phase out. At the start of this debate Fannie andFreddie have few friends among the voters.
Fannie / Freddie informed favorability.
When informed that Fannie and Freddie played an instrumental role in the housing bubble and received nearly $200 billion dollars in a bailout,
opposition toFannie and Freddie moves to 59%, including even 51% of Democrats. Thesearguments are particularly potent in shaping public opinion on Fannie and Freddie.Additionally, the notion that Fannie and Freddie could require more public money infuture bailouts is unacceptable to a sizable majority of the voters.
Arguments for Fannie / Freddie phase out.
The following two arguments were the most prominent in support of phase out.
Message OverallConservativeDistrictsRep inDemSeatsSwingDistrictsWhile the taxpayers were bailing them out, Fannie Mae andFreddie Mac were committing accounting fraud while their executives were receiving millions of dollars in bonuses57/24 58/22 57/26 56/26Fannie Mae and Freddie Mac have required massive taxpayer bailouts and should be phased out because homeowners whoare struggling to
pay their own mortgage shouldn’t be forced to pay for their neighbor’s mortgage too.
56/23 57/21 56/26 55/24