Fed job approval rating lower than IRS: Gallup poll

NEW YORK (Reuters) - Americans think the Federal Reserve is doing a worse job than even the much-maligned Internal Revenue Service.
Only 30 percent of Americans think the Federal Reserve's Board of Governors is doing a good job despite the central bank's unprecedented efforts to battle a crippling recession, according to a Gallup Poll released on Monday.

That makes the Fed the worst reviewed of nine key agencies -- including the tax-collecting IRS -- the Gallup poll of more than 1,000 Americans between July 10 and 12 showed. Twenty-two percent of Americans said the central bank was doing a poor job.

The poll comes as Fed Chairman Ben Bernanke is increasingly going public with a defense of the Federal Reserve's handling of the crisis in an effort to ward off a congressional proposal by Republican Representative Ron Paul that would undercut the Fed's independence.

This week, Bernanke traveled to the U.S. heartland to tape a special airing on television network PBS over three days this week in which he answered questions from Americans.

"It is unclear how much of the Fed's image decline is due to the general decline in the country's economic climate, as opposed to specific perceptions about the agency's performance in carrying out its monetary responsibilities and possibly its role in the crisis surrounding U.S. financial markets," the pollsters wrote.

In 2003, the last time Gallup polled Americans on their view of the Fed, 53 percent said the Fed was doing a good job.

Full Article Here

Views: 60

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by Marklar on July 29, 2009 at 9:18am
Maybe Bernanke would get the idea if we snuck into his church and sent the collection plate down his rowe every five minutes or so during a particularly long winded sermon. Naw,..probably not!
Comment by 7R33SandR0P3S on July 28, 2009 at 3:03pm
This (HR 1207) IS the main battlefront!
TAKE AWAY THEIR FUNDING!! SEIZE THEIR ASSETS!! and Give it back to the"We the PEOPLE"
Comment by Tara on July 28, 2009 at 2:29pm
I know, this is great news!!!!!! The Fed is shaking in their shoes and doesn't it feel good!!!!
Comment by 7R33SandR0P3S on July 28, 2009 at 2:24pm
WOOOO--HOOOO!!
Its hard work changing the world.

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post

What They Told Us About Health and Now it’s Completely Reversed?

 Remember growing up that they told us all of these rules of thumb when it came to your…See More
6 hours ago
tjdavis posted a photo
23 hours ago
Less Prone commented on Doc Vega's photo
Thumbnail

G99Gt39XEAAyu6Y

"Judges with bad judgement should be working somewhere else. When political affiliation surpasses…"
yesterday
Doc Vega commented on Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
"Less Prone, this Carlos guy has a unique artistic approach but it's not proof. There's…"
yesterday
Doc Vega posted photos
Tuesday
Doc Vega posted blog posts
Tuesday
tjdavis posted a photo
Monday
Sandy posted a video

KILL THE MESSENGER - Hero Journalist Featurette - In Theaters Friday

In this featurette “Gary Webb: Hero Journalist,” Jeremy Renner (Webb), director Michael Cuesta, Sue Webb and others explore the real man, investigative journ...
Sunday
Sandy posted a photo
Sunday
Less Prone commented on Burbia's blog post A Masterclass Is Being Played Out For Those Who Have The Eyes To See
"Yes. One of their functions is distraction, but they also bring chaos and crime and change…"
Saturday
Less Prone favorited Burbia's blog post A Masterclass Is Being Played Out For Those Who Have The Eyes To See
Saturday
Burbia posted a blog post

A Masterclass Is Being Played Out For Those Who Have The Eyes To See

A question can be asked, why do Jews want a multicultural community in a host society? It is to…See More
Saturday
tjdavis posted a video

City of Joel - Official Trailer

Now Available on Digital - http://bit.ly/2uxDibn50 miles north of New York City, the town of Monroe is a microcosm for a hyper-partisan and divided nation as...
Jan 2
Doc Vega favorited omegamann's photo
Jan 2
Doc Vega commented on Doc Vega's blog post Death Threats for Assisting ICE?
"Less Prone excellent points and I've seen that video too. Very informative! "
Jan 2
Doc Vega commented on Doc Vega's blog post In the Political Realm They've Gone One Step Too Far!
"Less Prone thanks for your support! "
Jan 2
Doc Vega commented on Doc Vega's blog post Modern Day Cannibalism?
"Less Prone, you are exactly right! They have been harvesting fetal tissue in vaccines for quite…"
Jan 2
Doc Vega commented on cheeki kea's photo
Thumbnail

DEAR SANTA...

"Ha ha! Good one! "
Jan 2
Doc Vega commented on Doc Vega's blog post GROK Acknowledges the Co-existence of Humans and Dinosaurs
"Less Prone, thank you very much for your input/ I always appreciate your insights! "
Jan 2
Less Prone favorited cheeki kea's photo
Dec 31, 2025

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted