Richard M. Ebeling: Americans see big corruption in big business

  A recently released report on the degree of confidence that Americans have in the country’s leading political and economic institutions shows that few of these institutions are held in high regard by the public.

  The survey was conducted by NORC, a respected research organization at the University of Chicago. It was found that only 11 percent of those asked expressed significant confidence in the institution of the presidency of the United States. About 23 percent of the citizenry expressed positive confidence in the Supreme Court. But, seemingly, no one has confidence in the United States Congress. Only seven percent of Democrats and five percent of Republicans expressed any great deal of confidence in the legislative branch of the federal government.