Poll: Most Americans Against Helping Banks

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Despite the massive attempts by the government to keep banks up and running, most Americans say they disagree with using federal money to bailout the financial system.

A recent Zogby Interactive poll found that only 6 percent of U.S. adults feel giving money to large banks and buying their troubled assets is the best way to fix the banking crisis.

About half of the more than 4,000 people surveyed also said federal money should stop going to banks even if it means some of them would go out of business.

"Bailing out banks could hardly be any more unpopular," said pollster John Zogby. He called the results of the poll "notable" and hinted that the results could be beneficial to the current administration.

"One-third [of those surveyed] prefer nationalizing some banks, showing a base of support for the idea should the Obama administration choose that route and try to sell it to the public," he explained. "Just under 50 percent believe Obama is trying to move too quickly, and this is similar to other polls conducted on similar issues."

Zogby conducted the poll March 25-27.

Souce: Zogby Interactive

*Originally aired April 1, 2009

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