Investors Losing Faith In Bush Too

(Itar-Tass) -- U.S. investors, traditional supporters of the Republican Party, seem to be ever more critical of the current Administration and President George W. Bush in person.

The “investor exodus” phenomenon may have dire effects in the forthcoming congressional elections in November and eventually lead to the Republicans’ loss in the struggle for control of the Congress, as follows from a Zogby International opinion poll.

According to the poll results Business Week published on Friday a mere 43 percent of the polled investors approve of George W. Bush’s policies. Business Week recalls that in the 2004 presidential election Bush had the backing of 61 percent of investors.

The investor class is a major driving force in U.S. politics. It encompasses virtually all walks of life, because everybody who invests one’ s earnings into securities regards oneself as an investor.

According to Zogby estimates about 35 percent of the U.S. electorate belongs with this category.

The investors’ attitude towards President Bush and his policies made a sharp turn for the worse after the federal authorities in their opinion failed to provide an adequate response to the devastating effects of hurricane Katrina and the recent row over the Administration’s attempts to sell a number of the country’s biggest ports to a company controlled by the government of an Arab country.