CNN has published the results of a telephone survey of 1,100 people that show 61% of those polled oppose government assistance for U.S. automakers. In addition, 70% of respondents believe that a "bailout" is unfair to taxpayers and a majority believe it would not help the economy. CNN notes that its results may reflect the result of "bailout fatigue" on the American public, which is understandable considering the hundreds of billions that have been handed out so far by the U.S. government, without the cumbersome process of Congressional hearings mind you, to financial institutions.
The Detroit 3 automakers are just concluding their first day of a second round of Senate hearings in which they're asking for anywhere from $18 to $34 billion in government loans. We've been watching the hearings all day on CSPAN, and aside from being very sleepy now, are not convinced yet that these automakers will receive the aid they seek.
But, we're interested to hear what you think, and since you probably didn't receive a call from a CNN pollster this past week, you can take our poll below.
[Source: CNN Money
, Photo by Chip Somodevilla/Getty]