It's all how you phrase the question...
If they ask you if you'd rather have independent experts set the interest rates or elected officials, who do you think is going to be favored?!
What you have here are carefully crafted questions with cherry-picked statements to drive home to low-info voters that they shouldn't want an audit of the Fed. It's a perfect collaboration between polling, media, and banking.
Topic: Poll Shows Americans Agree W/ Federal Reserve Secrecy (Read 714 times)
Americans say keep politics out of the Fed
More...http://news.yahoo.com/americans-keep-politics-fed-061457445--business.html
Quote
WASHINGTON (Reuters) - Most Americans don't know who runs the Federal Reserve, but they do believe that elected officials should stay out of its business, according to a Reuters-Ipsos poll.
Just 24 percent of those polled said Congress should be allowed to have detailed oversight of the Fed, the poll shows. More than double that amount said the central bank should be left alone.
The poll of 1,388 Americans was conducted from Feb 20-24 to measure whether people supported proposed legislation that would expose the Fed to a full government audit, a move being led by Rand Paul, a likely 2016 presidential candidate.
The Republican Senator from Kentucky held an "Audit the Fed" rally in Iowa last month, and his spokesman told Reuters that polls showed Americans want the central bank to be audited.
Supporters of the campaign say the Fed needs more transparency and accountability. Opponents say the Fed is already audited, and that exposure of internal policy discussions could lead to political influence over decisions on interest rates and damage market confidence.
Fed Chair Janet Yellen came under pressure from conservatives in Congress this week, with some accusing her of bias towards Democrats.
When asked about who should be responsible for setting interest rates, 66 percent of the participants said independent experts, while 34 percent said elected officials.
"There ought to be some review but I don't know that a full public disclosure of every comment attributed to every Fed member for the whole world to see is necessarily the best option," said David Webb, 64, a former labor relations specialist for the U.S. Army.
Just 24 percent of those polled said Congress should be allowed to have detailed oversight of the Fed, the poll shows. More than double that amount said the central bank should be left alone.
The poll of 1,388 Americans was conducted from Feb 20-24 to measure whether people supported proposed legislation that would expose the Fed to a full government audit, a move being led by Rand Paul, a likely 2016 presidential candidate.
The Republican Senator from Kentucky held an "Audit the Fed" rally in Iowa last month, and his spokesman told Reuters that polls showed Americans want the central bank to be audited.
Supporters of the campaign say the Fed needs more transparency and accountability. Opponents say the Fed is already audited, and that exposure of internal policy discussions could lead to political influence over decisions on interest rates and damage market confidence.
Fed Chair Janet Yellen came under pressure from conservatives in Congress this week, with some accusing her of bias towards Democrats.
When asked about who should be responsible for setting interest rates, 66 percent of the participants said independent experts, while 34 percent said elected officials.
"There ought to be some review but I don't know that a full public disclosure of every comment attributed to every Fed member for the whole world to see is necessarily the best option," said David Webb, 64, a former labor relations specialist for the U.S. Army.
More...http://news.yahoo.com/americans-keep-politics-fed-061457445--business.html
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