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A Tale of Three Polls

Written by Subject: Economy - Economics USA
Rasmussen Reports headline from Sep 25:
Just 30% Think Government Should Bail Out The Markets

USA Today headline from Sep 26:
78% of Americans want a bailout but most want significant changes
Meanwhile, in the election that happens all day, every day, around the world, markets are sending very strong signals:
1. Home prices must come down to clear inventories;
2. Financial institutions must de-lever infectious waste if they want to continue participating in capital markets, and;
3. No amount of buyouts, bailouts, seizures, and nationalizations are going to accomplish nos. 1 & 2.
While politicians and bureaucrats may read Rasmussen Reports and USA Today for their cues, in the market everybody gets exactly what they vote for.

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