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Poll: World Demands ‘Finance Reform’

Yet another timely push poll happily reported as news by Reuters:

Global poll sees support for spending stimulus

By Adrian Croft Sun Sep 13

LONDON (Reuters) – Most people around the world support significantly increasing government spending to counter the economic crisis, according to a 20-nation opinion poll released on Monday.

The findings will bring solace to leaders such as British Prime Minister Gordon Brown who have backed multi-billion-dollar stimulus programs to try to lift their economies out of recession.

G20 finance leaders agreed this month they would not remove emergency stimulus until the recovery was well entrenched.

The survey of more than 22,000 people in 20 countries for the BBC World Service found that, on average, 60 percent favored "significantly increasing government spending to stimulate the economy."

Support for government stimulus of the economy was highest in Nigeria (87 percent support), Egypt (83 percent), and Russia (81 percent). Support was much lower in France (39 percent) and Germany (42 percent).

In Britain, 60 percent favored significantly increasing government spending to stimulate the economy.

Americans were divided on the question, with 48 percent in favor and 48 percent against.

"People around the world are looking for a dynamic approach to the economic crisis," said Steven Kull, director of the Program on International Policy Attitudes at the University of Maryland in the United States, which conducted the survey with Canadian polling firm GlobeScan.

The poll found that support was especially strong for investments in renewable energy and green technology (72 percent) and for giving financial support to major industries and companies in trouble (62 percent).


However, only a slight majority (51 percent) supported giving financial support to banks in trouble.

In the United States, majorities opposed giving financial support to troubled banks (63 percent against) or industries (55 percent against).

Two-thirds of those polled wanted to see an increase in government regulation and oversight of their economies.

Just under half (49 percent) supported giving international institutions more power to regulate the global economy.

The U.S. government’s efforts to address the crisis, which have included far-reaching measures to stimulate the U.S. economy, were relatively well received around the world.

Nearly half (46 percent) of all respondents said they were satisfied with what the United States has been doing, compared with 39 percent who were dissatisfied.

By contrast, 44 percent on average were satisfied with their own government’s response.

Satisfaction with their own government’s response ranged from 68 percent in Australia, 63 percent in Egypt and 59 percent in Brazil to 27 percent in France, 18 percent in Japan and just nine percent in Mexico.

Americans were evenly split between those happy and those unhappy with their government’s response.

"It is clear that citizens in many countries are still not seeing the kind of economic leadership they think is needed from their national government," GlobeScan Chairman Doug Miller said.

The poll found low public confidence in executives of major banks — an average of just 32 percent were satisfied with what they were doing to address the crisis.

Many people are angry over high rewards enjoyed by bankers, blaming bonuses for excessive risk-taking that contributed to last year’s market crisis.

In total, 22,158 people in Australia, Brazil, Canada, Chile, China, Egypt, France, Germany, India, Indonesia, Japan, Kenya, Mexico, Nigeria, Pakistan, the Philippines, Russia, Turkey, Britain and the United States were polled between June 19 and August 17.

We are supposed to be impressed that a lot of people would like to be given other people’s money?

And what a coincidence that these same global respondents just happen to want more financial regulation?

Even though they say they are very happy with what Mr. Obama has done so far – which is actually nothing.

(Except perhaps curbing executive pay and bonuses. But even that has been highly selective at best.)

And just in case anyone think that the famed Program on International Policy Attitudes (PIPA) is biased, here are the worthies who fund them:

PIPA’s Foundation Sponsors

Rockefeller Foundation
Rockefeller Brothers Fund
Tides Foundation
Ford Foundation
German Marshall Fund of the United States
Compton Foundation
Carnegie Corporation
Benton Foundation
Ben and Jerry’s Foundation
Americans Talk Issues Foundation
Circle Foundation

Now who could doubt they are free of any leftwing political agenda?

This article was posted by Steve on Monday, September 14th, 2009. Comments are currently closed.

9 Responses to “Poll: World Demands ‘Finance Reform’”

  1. MinnesotaRush says:

    Why don’t these libwits just create one master organization .. call it O.C.D.C. .. the Organization Created to Destroy Common sense!!!

    The DNC, ACORN, etc, etc, could be lifetime members. Heck .. the 22,000 freaks that joined their poll could of signed up.

    More spending .. more regulation .. JUST what we need. Good grief!

  2. wtfci says:

    Is that an inverse correlation between support for more stimulus and the educational intelligence of each polled nation?

    We might need to mention the new polls. “Math is neocolonialist.”

    The productive economies cannot sustain this level stimulus. We are on a collision course with conflict.

  3. proreason says:

    Finance Reform is code for more Government Control and Central Planning.

    The 2 most destructive tools of Communism, Fascism, and the Devine Emporers.

    Those seemingly benevolent “policies” have killed billions more people than all of the wars of all time combined.

  4. Georgfelis says:

    The poll makes perfect sense if you title it “60% of people think other people should give them money for free”

  5. Rusty Shackleford says:


    So many folks in the world only see that they don’t have any money. And they tend to think that the words “finance reform” means that they will have more. It’s an old game.

  6. Liberals Demise says:

    They make this shiite up on the run, right?

  7. VMAN says:

    Why don’t these idiots go to a country, say in Africa, and build this Utopian society and show all of us dimwits how great socialism is. Oh wait I think that’s been tried and a bunch of people were killed and it suck now.

  8. MinnesotaRush says:

    I’m seein’ more czars!!!

  9. TwilightZoned says:

    “The survey of more than 22,000 people in 20 countries for the BBC World Service…”

    The BBC is the equal of some of our most bias news organizations and tends to slant anti-American. It’s always easier to spend other people’s money especially now that your country has pretty much bankrupted itself. Misery does love company.

    “The poll found that support was especially strong for investments in renewable energy and green technology (72 percent) and for giving financial support to major industries and companies in trouble (62 percent).”

    Ah, yes. The same liberal drivel; just across the pond.

    If the BBC polls like CNN’s double polling of democrats, this poll means less than nothing.

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