Stossel
Season 4
Created by:
Network:
Season aired: 2013-01-03
Seasons
Overview
Stossel is a weekly American talk show, hosted by John Stossel, highlighting current consumer issues with a libertarian viewpoint. The television program debuted on December 10, 2009, on the Fox Business Network and airs Thursdays. It originally aired at 8:00 pm EST, but was moved to 9:00 pm EST, the time slot during which it currently airs. In 2013, Fox News Channel began to replay the show on Sundays at 10:00 pm EST.
Advertisement
AdSense · 320×100
Episodes · 51
Freedom 2.0
From John Stossel's blog: The future looks bleak. Government grows bigger, debt grows, and politicians constantly pass new regulations. But there is good news. Technology helps us avoid clumsy government. Developments like the Internet bring us what I call "Freedom 2.0." Wikipedia founder Jimmy Wales - who cites Hayek as an inspiration for creating Wikipedia - tells me about how the fewer rules he imposed on the site, the better it did. Economist Ed Stringham argues that the Internet proves we don't need much government regulation. The Internet will also make it easier for us to keep an eye on what government does, although Chris Horner says that our government uses every trick it can to avoid scrutiny. "Hating Breitbart" producers Maura Flynn and Evan Coyne Maloney say cell phone cameras create "Freedom 2.0" by empowering citizen journalists to expose groups like ACORN. And Instapundit.
The Business of Bad News
From John Stossel's blog: When tragedy strikes, what do you do if your company is at the center of it? What if you manufacture the Bushmaster rifle? What if you run BP when it spills oil? On this week's show, Rohit Bhargava and Fraser Seitel explain crisis management strategy, like how Apple handled Steve Jobs' illness, and how the company that makes Skittles reacted after Trayvon Martin was killed holding them. The media exaggerate bad news. "The Skeptical Environmentalist" author, Bjorn Lomborg, addresses claims about genetically modified food, and global warming, as in this Newsweek article about "The End of Pasta." Julie Gunlock of the Independent Women's Forum points out how the danger of BPA products has been overblown by activists. Some people earn money thanks to people's (often irrational) fear of bad news.
Texas vs. California
From John Stossel's blog: This week, a showdown between the 2 states. Their differences reflect the battle for America's future. Moving to California was once the dream for many Americans. Its population grew at more than double the national average--until 1990. Last decade, 2 million more Americans moved out of California than moved in. They moved to states like Texas. In the last decade, Texas' total population grew at double the national rate. Why? Reason Magazine's Matt Welch and Chuck Devore of the TX Public Policy Foundation give a few reasons: Texans pay less in taxes. There's more job creation. And government takes less of your paycheck. Both states have too many government workers--in fact, Texas has more than California. But California pays them so much more that California's pensions are bleeding the state dry, says Dan Mitchell of the CATO Institute. Kevin James, a mayoral candidate in Los Angeles, says L.A.
Obama, Part II
From John Stossel's blog: President Obama told John Boehner that America does not have a spending problem. But we do! I was astonished to learn that in 2006, when George W. Bush was President, then-Senator Obama was actually upset about our national debt. From the Congressional Record: "I rise today to talk about America's debt problem... Our federal debt has increased by $3.5 trillion to $8.6 trillion. That is ‘trillion' with a ‘T'...It took 42 Presidents 224 years to run up only $1 trillion of foreign-held debt. This administration did more than that in just 5 years." That's true. But Obama's administration ran up another $6 Trillion in debt! Government now spends $3.5 trillion every year. How is that not a spending problem?! On tonight's show, we bring in comedian Reggie Brown to re-enact parts of that speech by President Obama. Our special correspondent, Kennedy, went to the Inauguration Monday to talk to the President's excited supporters.
Big Sports... Big Business
From John Stossel's blog: Super Bowl Sunday is the biggest gambling day of the year. Have you placed your bets? Be careful, even friendly bets between friends are illegal in about half the states. Former professional poker player, Annie Duke, joins the show to argue that it's not the government's job to police decisions between consenting adults. Patrick Basham, author of Gambling: A Healthy Bet, says gambling is actually good for you. Big money is made in college sports, but the athletes don't get a cut. Dr. Boyce Watkins, Syracuse University Professor, says they should. Lance Armstrong is an evil jerk because he bullied and threatened weaker people, not because he used performance enhancing drugs. I say, if he used performance enhancers, so what? These drugs are similar to Lasik eye surgery and other ways people seek competitive advantages. Reason's Nick Gillespie argues that they make sports more interesting. Politicians like Chuck Schumer want to ban ticket scalping.
DUPE.
From John Stossel's blog: Exciting things are happening in education suddenly. In some places, charter schools bucked the unions, and got results. Inner-city kids do well on benchmark tests. They are excited to learn! When I told fourth graders that school is boring, they yelled, "No, it's not!" Says one boy: "Reading is rockin' awesome!" I report on the innovations at the Success Charter Network and Harlem Village Academy in New York, and at the American Indian Public Charter School in Oakland, California. "Let's destroy the system... create a system that serves kids," says charter school director Deborah Kenny. Hurricane Katrina made that experiment possible by destroying much of New Orleans. Now most of New Orleans students attend charters, and they're learning more. Aside from such bright spots, most of education in America is still a mess. The cost has skyrocketed, but performance is flat. Why? One big reason is that the government monopoly - the "BLOB"- makes it nearly impossible to fire a bad teacher. Former Washington DC school chancellor Michelle Rhee talks about her attempt to change that, including firing her own daughters' principal, and the backlash that led to her losing her job. I confront union leaders, like DC union boss Nathan Saunders, who opposes judging teachers by student test results. "I know my kids are learning when I look in their eyes," says Saunders. New Jersey union leader Joseph Del Grosso opposes charter schools: "Over my dead body, they're gonna come here." When Saunders and Del Grosso were kids, they attended private schools, but now they oppose vouchers. This is a common phenomenon amongst members of the BLOB: choice for ME, but not for THEE. Virtual education innovator Sal Khan, founder of the Khan Academy, is on the right track. He's a great teacher who now reaches millions of kids via the internet. Some fifth graders who watch his videos do high school level math. Before radio and TV, every big town had a best teacher and a best singer. Mass media changed that, so now Lady Gaga sings to the whole world. But education has stayed local and stagnant -- until now, when the web allows the world's best teachers to reach into every classroom. Why don't we have more innovation? Why don't we have a vibrant market in education? Are we still Stupid in America?
A Real State of the Union
Liberty 101
From John Stossel's blog: This week, STOSSEL takes a special trip to Washington, D.C. to hear from more than 1,000 students who want to advance liberty. Former New Mexico Governor, Gary Johnson, and Cato Institute's David Boaz will answer student questions and discuss the future of the Libertarian party. Students ask Representative Justin Amash about the travails of libertarians in Congress. We'll also hear from Huffington Post's Radley Balko about out-of-control swat teams. The students grill Republican Ann Coulter about drug laws and gay marriage. Then they'll take on Democrat Dennis Kucinich for saying "Social Security is rock solid through 2032 without any changes whatsoever." Finally, former UN Ambassador, John Bolton, defends Obama's drone strikes.
The Debt Bomb
President Obama says the sequester is like taking "a meat cleaver to the budget." I wish that were true. This week, I grab a meat cleaver and point out what ought to be cut. Despite the big spenders' hysteria about "long TSA lines, no meat inspection, abandoned children!", the sequester doesn't even cut the budget! It just slows it's growth. Where are the "draconian cuts?" Nowhere. Senator Rand Paul tells us that's why he voted against President Obama's sequester. He proposes actual cuts. Yaron Brook, of the Ayn Rand Institute talks about the immorality of government spending. Our show's special correspondent, Kennedy, discovers that college students are often clueless about the debt bomb my generation threw at them. Authors Joel Kotkin and Jonathon Last point out that there aren't enough workers to pay for us old folks, and if people don't start to have kids at a reasonable rate-"we're screwed!" But it could be worse.
The Education BLOB
From John Stossel's blog: Public schools do a lousy job... and reformers who try to make improvements run up against the "BLOB." It's this Jabba-the-Hutt like thing that can barely be budged - the teachers' unions, janitors' unions, the school board bureaucrat, etc. The BLOB says: "We don't do that here. We have to requisition downtown. We got to get 4 or 5 people to sign off, the deputy director of curriculum has to say this is OK, etc." The BLOB insists education needs more money, but as the chart shows, America has tripled spending, but math, reading and science scores haven't improved. Michelle Rhee wanted to make changes in Washington D.C. She'll talk about her new book, Radical: Fighting to Put Students First. I don't think Rhee was radical enough. Joe Del Grosso, the head of the Newark, New Jersey Teachers Union, hates for-profit competition, and I'm delighted that he'll come on the show to talk about it.
ANOTHER DUPE PLEASE DELETE
From John Stossel's blog: I argue that America has become a country where no one can know what is legal. Kids who open lemonade stands are now shutdown by police. I tried to open a lemonade stand legally in NYC. That was quite an adventure. It takes 65 days to get permission from the Department of Health and Mental Hygiene. With government adding 80,000 pages of rules and regulations every year, it's no surprise that regular people break laws without even trying. A small businessman spent 6 years in federal prison for breaking Honduran regulations (and, to make it worse, the Honduran government said he didn't). A family in Idaho can't build a home on their land because the EPA says it's a wetland-but it only resembles a wetland because a government drain malfunctioned and flooded it. TAXI TROUBLE: Want to start a taxi business? Too bad - it's illegal. Illegal, that is, unless you buy a government-issued "taxi medallion" that can cost as much as a million dollars. One city has a free market for cabs - Washington, DC - but lobbyists there are pushing to regulate. ILLEGAL FOOD: Increasingly, government tells us what we can and can't eat -- bans on trans-fat, happy meals, "raw" foods. California officials raided a raw food club, and arrested clerks for selling unpasteurized milk. Farmer Joel Salatin, author of "Everything I Want To Do Is Illegal," explains why Americans DON'T have the freedom to choose the food they eat. ILLEGAL DRUGS: Drug use is illegal - but should it be? Where drugs are legal, businessmen replace gangs as the dealers and pay taxes. Portugal decriminalized all drugs 10 years ago--including crack, ecstasy, and heroin. What has happened since then? We go to Portugal and get the facts from police, politicians, and drug addicts. ILLEGAL SEX: Our government bans prostitution because people think it's a dirty, dangerous business. But in brothels where prostitution is legal there is no crime or disease. On this show, three sex workers confront a prosecutor. One bit of good news is that while there may be so many laws that no one knows if he's a lawbreaker, it has never been easier to "watch the watchmen." Tiny cameras in our iPods and cell phones allow citizens to film law enforcement and hold our government accountable. But in the last few years, cops have arrested and jailed people for taping in public. The arrests are not legal, but they happen anyway. Fortunately, arrests are caught on tape.
Mr. Stossel Goes to College
From John Stossel's blog: Tonight, students from around the world at the "Students for Liberty" conference discuss liberty, and specific issues that affect students. Many say they benefited from internships---but Ross Perlin, the author of "Intern Nation," says "unpaid internships are a form of mass exploitation." Obama's Labor Dept takes his side, and I say, that's absurd. Terry Michael, who works to find students internships in DC, explains why internships are a great way to get experience. Politicians like Governor Chris Christie say, "We need to...get you to college and get you graduated from college" --- but why? A third of college graduates now work at jobs that only require a high school degree. 16% of bartenders have college degrees. Dale Stephens' founded uncollege.org. He offers students ways to get ahead...without college. Then, Bob Dane, from The Federation for American Immigration Reform (FAIR) and economist Veronique de Rugy debate immigration.
Green Tyranny
From John Stossel's blog: Tyranny is the stuff of dictatorships. We call this week's show "Green Tyranny" because government's regulations always go too far. At first, the EPA did good things. Environmental standards brought us cleaner air and water. Then government should have said, "stick a fork in it! It's done." But government never does. It just spends more and more. The Endangered Species Act seemed like a good idea. But now, Jim Burling from the Pacific Legal Foundation, says the ESA puts animals, like prairie dogs and frogs, above the interests of the people. Europe has spent billions to support "green" energy, but Bjorn Lomborg points out that Germany and Spain are now cutting back. Then, he debates Brian Wynne, the President of an electric car lobbying group (The Electric Drive Transportation Association). Celebs' like Justin Bieber and Leonardo DiCaprio jumped on the electric car bandwagon - but are electric cars really all that green? Lomborg doesn't think so.
The Chosen Ones
"The Chosen Ones" are people selected by government to get perks... special favors, tax breaks, cronyism... what I call crapitalism. As government grows and gives out more favors... it creates "A Great Deformation." That's the title of David Stockman's new book. He is upset about bank bailouts. Tim Carney, a reporter for the Washington Examiner, says Boeing, life insurers, and Big Pharma are crony capitalists. America's sugar producers declined to come on our show to talk about their special privilege. Sallie James, a trade analyst at the Cato Institute explains how Big Sugar wins, while businesses and consumers lose. Government tries to squash innovators like Uber, which offers a Smartphone app that lets you find nearby cars to ride in - but traditional taxi companies don't like the competition. Travis Kalanick, Uber CEO, will explain.
Death by Taxes
From John Stossel's blog: Liberals are fond of quoting Supreme Court Justice Oliver Wendell Holmes who said, "taxes are what we pay for a civilized society"---but at the time taxes were just 10% of GDP. Now they are triple that. Is that civilization or theft? Texas Congressman Louie Gohmert says the current tax code is just too complicated. He wants the current code scraped---and replaced with a flat tax. American economic growth has stalled. Scott Hodge, the president of the Tax Foundation says America's hefty 70,000 page federal tax code is largely to blame. John Merline, a writer at Investor's Business Daily, says ObamaCare is a tax too---a complicated one. It's so complicated that H&R Block made this disgusting commercial about how they can help you with ObamaCare. The actress's grin infuriates me. Some in the IRS apparently think taking our money is funny.
The Education BLOB Strikes Back
From John Stossel's blog: The education BLOB--- that immovable jelly-like ball of teachers' and janitors' unions, the school board bureaucrats, PTAs, etc.---just keeps growing. As the number of students increased 96%, the number of administrative staff has increased 702%. The BLOB eats most things that fight it. Ben Chavis founded The American Indian Charter Schools. The schools had very high test scores and they rated as the most challenging in the nation. But last month, the BLOB voted to close the chain, because Chavis broke some of its many rules. The BLOB complains that taxpayers don't spend enough on education. But, Neal McCluskey, the Associate Director of CATO's Center for Educational Freedom, points out that we spend more and more--- now, about $14,000 per student---for the same results. Wisconsin unions held big protests over Governor Scott Walker's collective bargaining reforms.
Free Market Medicine
From John Stossel's Blog: Obamacare promises to cover the uninsured, and somehow... lower costs. How can it do both? Wyoming senator, and licensed orthopedic surgeon, John Barrasso, explains that Obamacare is incredibly complicated. Pediatrician Steve Auerbach says ObamaCare doesn't go far enough... and America needs more government control. He debates orthopedic surgeon Lee Hieb who says free market medicine would be much better. Congressman Ted Poe, R-Texas, shows me the government's gigantic book of medical codes. Medical code W6161XA means a patient has been bitten by a duck. But W6162XA means a patient has been STRUCK by a duck. Doctors must use these codes when billing insurance companies and Medicare. Next year, they will have to use a new code book that's 10 times bigger. Not all health care is dominated by government and other third-party deciders. Special correspondent, Kennedy, visited a cosmetic dermatologist and a Lasik eye surgeon.
Rumble in the States
From John Stossel's blog: Each state has different rules, regulations and taxes. It's confusing... but it's also a good thing. It creates competition. When one state does something stupid... people can leave that state and take their talent and money with them. Travis Brown tracked the movement of people between states for his book, "How Money Walks." Florida and Arizona are #1 and #2 in terms of gaining people... and wealth. Darcy Olsen, who runs the Goldwater Institute in Arizona, says Florida and Arizona win only partly because of good weather. Most of the gain comes from people moving to where the jobs are. Oklahoma didn't see many people move in... but then it lowered its tax rate. Speaker of the House, T.W. Shannon, said that turned things around, and now people want to live in Oklahoma. Erica Grieder, who wrote the book about Texas: "Big, Hot, Cheap and Right," says there is a lot Texas does... that the rest of the country could learn from.
Whatever happened to GRIT?
From John Stossel's blog: Grit is the stuff of life. Greatness is often achieved by overcoming obstacles. Patrick Dorinson, a radio host who calls himself the cowboy libertarian, says the nanny state robs us of our grit. Deneen Borelli , author of "Blacklash", says the left is driving Americans to a "government plantation." Lenore Skanayzy, labeled the "World's Worst Mom" because she let her 9-year-old son ride the subway on his own, says we can't protect our kids from all danger... and we shouldn't try. John Carney's business, Express Oil Change, was destroyed by a tornado. But Carney has grit. When city bureaucrats told him he wouldn't be allowed to rebuild on his property, he fought them, and rebuilt. Politically correct college administrators manage to get upset about student videos like this. Purdue University's "feelings police" said the video is racist. At least one professor and grad student claimed the video "replaces a multicultural reality with the idea of white supremacy.
War Against the Little Guy
From John Stossel's blog: Government is at war against the little guy. Bureaucrats pass thousands of pages of regulations every year to "keep people safer" and "make the marketplace more fair." Today there are 170,000 pages of federal regulations on the books. Break just one rule, and government may wreck your life. So Wisconsin Senator Ron Johnson started a "Victims of Government" website that features victims of overregulation. Michael Strong, CEO of FLOW, a group devoted to "liberating the entrepreneurial spirit" argues that problems are only solved when people are free to act without having to wait for government's permission. Strong's wife, Magatte Wade, who runs a skin care business, is from Senegal. She says Africa stays poor because its governments wage bigger wars against the little guy---getting a construction permit takes an average of 210 days.
Gas Myths
From John Stossel's blog: Much of what we think we know... is not so. People assume the auto industry hates regulation, but Heartland Institute energy analyst James Taylor says big oil companies like the regulations because the onerous rules keep competitors out. Obama says government's fuel efficiency requirements will save families $8,000 a year, but the regulatory director at George Washington University, Susan Dudley, says that these rules will actually cost us $60 billion. Bob Dinneen of the Renewable Fuels Association and James Taylor debate whether ethanol is good for the environment, or consumers. Frank Gaffney of the Center for Security Policy and Jerry Taylor from the Cato Institute debate whether "energy independence" matters. And what exactly is in a barrel of oil? John Felmy, American Petroleum Institute's chief economist, points out that only about 50% of a barrel of oil is used to make gasoline. Special Correspondent Kennedy is a "hypermiler".
The Fight Over 'Austerity'
From John Stossel's blog: "Austerity." The word means "self-denial" but politicians rarely "deny" themselves anything. Despite the media wailing about "austerity," there have been few real cuts. Few in Congress actually want to cut spending. Senator Rand Paul explains why he is one of the few who does. Leftists say Europe's poor economy proves that "austerity" fails. But Cato Institute economist, Dan Mitchell, says Europe didn't even give "austerity" a chance to fail. There have been no spending cuts. As the data shows, spending increased (except finally in Greece, where they had to cut). Bob Kuttner, author of "Debtor's Prison: The Politics of Austerity Versus Possibility", says government can spend its way to prosperity. He debates economist Mark Skousen. Radio host Dave Ramsey says debt is a behavioral problem and government must learn self-control. EconStories co-founders, John Papola and Russ Roberts, say the intellectual debate on "austerity" really began about 80 years ago.
War on...
From John Stossel's blog: The American government is at war. We have the War on Terror, the War on Drugs, and also wars against business, "hate" and food. WAR ON TERROR We now spend almost $800 billion on defense, about 1/5th of our budget. Former CIA Director James Woolsey says we should bankrupt terrorists by mandating that cars be flex-fuel vehicles . Chris Preble, Cato Institute's vice president for defense and foreign policy, says the U.S. military is so large, our allies free-ride off American taxpayers--instead of making their own militaries stronger. WAR ON BUSINESS When senators went to war against Apple for their efforts to avoid taxes, Senator Rand Paul told them, "you should have brought in a giant mirror, so we could look at the reflection of Congress because this problem is solely and completely created by the awful tax code." Good for Senator Paul. WAR ON "HATE" Jimmy LaSalvia, the co-founder of Go Proud-- a republican gay advocacy group, and Paul LeGendre, director of the Fighting Discrimination" Program at Human Rights First debate whether "hate crime" laws work. Kyle from South Park weighs in too. WAR ON DRUGS Dr. Carl Hart, the author of "High Price" says drugs are not as addictive or as dangerous as government and anti-drug groups make them out to be. WAR ON FOOD GMO stands for genetically modified food, and that does sound scary. What you might not know is that you already eat genetically modified foods. You think today's corn is natural?: No, this is a product of years of selective breeding. Corn used to be much smaller and much less juicy says Jayson Lusk, author of "The Food Police." Lusk debates Jeffrey Smith, who runs the Institute for Responsible Technology and says GMOs need to be banned. We have big government because when there's a problem, people instinctively say "yes, we can!" That's why I wrote, "No, They Can't." Government cannot and it shouldn't try. The more things it goes to war against, the more it grows and the worse off we are.
The American Dream
From John Stossel's blog: My parents were born in Germany. They couldn't find work in Europe so they came here to pursue the American Dream. As a libertarian I say ... let people come! There should be free trade in labor as well as goods and services, that way everyone is freer and richer. But it's hard to have open borders when some people want to kill us. It's also foolish now that we are a welfare state, and some people want to come here to freeload. Former Colorado congressman, Tom Tancredo, wants to deter illegal immigration by forcing employers to use E-Verify to identify lawbreakers, while added more security to our southern border. When Special Correspondent Kennedy went to the border, she found the fence riddled with holes. Consumer Electronics Association CEO, Gary Shapiro, says it's not true that skilled immigrants take American jobs... they actually create them. 40% of America's biggest companies were founded by immigrants or their kids.
Puritanical Government
From John Stossel's blog: America is said to be a "free" country. But what if you want to have a drink? A cigarette? Make a bet? government wants to stop you, to protect you from yourself. DRINKING AND DRIVING: MADD vice president for public policy, JT Griffin, says we need stronger drunk driving laws but Radley Balko argues that the law should be based on "reckless driving," not blood alcohol levels. Special Correspondent Kennedy got drunk and then drove to test the test. GAMBLING: I love to gamble, but University of Illinois business professor, John Kindt, says gambling, especially internet gambling, should be banned. VIOLENT VIDEO GAMES: Billy Graham Evangelistic Association CEO, Franklin Graham, says violent video games are murder simulators that lead to real murder. He wants to tax those games to protect kids. NUDGE LAWS: Michael Thomas, co-author of this Mercatus Center "sin tax" study, says taxing sinful behavior just drives markets underground.
Big Brother
From John Stossel's blog: 65 years ago, the novel 1984 suggested the future would bring government spying through telescreens that were even in bedrooms. Big brother would be watching. Some believe recent revelations about the NSA tracks on our phone calls, and some emails, mark the start of that. Michigan Congressman Justin Amash says the NSA's actions are a threat to liberty. Kansas Congressman Mike Pompeo supports NSA spying. I've taken heat from libertarians because I'm sympathetic to the congressman's arguments. I'm not yet angry about data mining for two reasons: 1. It might prevent terrorism 2. I can think of at least 100 other things that government does that enrage me as much, or more. Judge Andrew Napolitano tries to educate me on why I should be much more upset about the NSA. The IRS bias against conservative groups... that's a scandal clearly worth getting angry about. Brooke Rollins runs the Texas Public Policy Foundation, one group that was targeted.
DUPE.
From John Stossel's blog: Grit is the stuff of life. Greatness is often achieved by overcoming obstacles. Patrick Dorinson, a radio host who calls himself the cowboy libertarian, says the nanny state robs us of our grit. Deneen Borelli , author of "Blacklash", says the left is driving Americans to a "government plantation." Lenore Skanayzy, labeled the "World's Worst Mom" because she let her 9-year-old son ride the subway on his own, says we can't protect our kids from all danger... and we shouldn't try. John Carney's business, Express Oil Change, was destroyed by a tornado. But Carney has grit. When city bureaucrats told him he wouldn't be allowed to rebuild on his property, he fought them, and rebuilt. Politically correct college administrators manage to get upset about student videos like this. Purdue University's "feelings police" said the video is racist. At least one professor and grad student claimed the video "replaces a multicultural reality with the idea of white supremacy." Greg Lukianoff from The Foundation for Individual Rights in Education says schools ought to honor free speech. Being offended is a normal part of life... and people need to get used to it. When this video of Rutgers University basketball coach pushing and cursing his players went viral, there was public outcry. Governor Chris Christie called Rice an "animal". Rice was fired. But Sue Porter, author of "Bully Nation" says society is too quick to get upset about what people call "bullying" and legislators and parents getting involved often does more harm than good. We close with thoughts from In Character, a journal published by the Templeton Foundation. It's "Grit Issue" was the inspiration for this show. Grit is what it took to create civilization - it requires delaying gratification, wanting something bigger than yourself...and in the case of America's pioneers... often starving, losing children, losing wives and husbands...to build communities... As John Wayne's character put it in the Big Trail: " We're building a nation! We've got to suffer! No great trail was ever blazed without hardship...That's life! Van Gogh sold only sold one painting during his lifetime, but he painted 900. Cartoonist Charles Schulz had every cartoon he submitted to his high school yearbook rejected. Thomas Edison's teachers ...told his mom he was "too stupid to learn." His attempts to build a light bulb failed a thousand times. When he finally succeeded, a reporter asked him, "How did it feel to fail 1,000 times?" Edison replied, "I didn't fail 1,000 times. The light bulb was an invention ...with 1,000 steps."" That's grit.
Trouble with Lawyers
From John Stossel's blog: America drowns in law. There are 175,000 pages of federal regulations that you must obey, or some lawyer can wreck your life. For every pound of good the regulations do, they do a ton of harm. 175,000 pages alone strangles life. George Washington University Law Professor John Banzhaf loves "public interest" lawsuits. His students sue bars that hold "ladies' nights." Chapman University business professor Tibor Machan says: "Is it right to manipulate people all the time? To treat them like they're little children... Who appointed you the czar?... The whole point of government is to protect our rights, not to order us around." ADA Exploitation: Most laws are well intended. But all laws get abused. "Disability rights" lawyers troll shopping malls seeking (or making up) violations from the Americans with Disability Act. David Peters tries to fight that through his group Lawyers Against Lawsuit Abuse. "Patent Trolls": I call them parasites. Patent troll Rob Berman will argue with me. Worker's Comp Abuse: Insurance companies hire people like Paul Colbert, Meridian Investigative Group CEO, to secretly videotape people who file phony claims. He usually finds deceit. Warning Labels: Companies pathetically try to protect themselves from lawsuits by smearing warning labels on everything. Bob Dorigo Jones runs the Wacky Warning Label contest. Our studio audience votes for the stupidest warning label out of these 5: The glass cleaner that warns "not for contact lenses... or direct use in eye." The rubber worm fishing bait that says "not for human consumption." The extension cord that says "wash hands after handling." The pedometer that says "not responsible for any illness or injury incurred while using the step counter." And the matches that say "combustion... results in carbon monoxide... known... to cause cancer, birth defects, reproductive harm."
Are We Rome?
From John Stossel's blog: This week my show comes from Las Vegas, Nevada, amidst FreedomFest, "the world's largest gathering of free minds." Over a thousand libertarian-minded people debate the question: "Are We Rome?" Matt Kibbe, Freedomworks CEO, says America is following in the footsteps of Rome. Carl Richard, University of Louisiana History Professor, cites America's blatant disregard for the Constitution. Steve Forbes, Forbes Media Editor-in-Chief, believes that Americans are now more aware and involved, and things like the tea party movement may prevent us from collapsing like Rome. Welfare: Larry Reed, Foundation for Economic Education President, explains that Rome became a welfare state. Emperors tried bribe the angry masses by giving away free or subsidized grain, salt, pork and olive oil. Charles Murray of the American Enterprise Institute says why he wants to get rid of the entire Welfare bureaucracy. Taxes: In Rome, taxes steadily rose.
What's up with Detroit?
From John Stossel's blog: In 1950, when I was three-years-old, Detroit was the richest city in America. Now it's the biggest U.S. city ever to declare bankruptcy. FOX2 Detroit Reporter, Charlie LeDuff, says excessive spending will land other cities in the same position. Andrew Rodney, "Deforce" Filmmaker, says government central planning displaced neighborhoods taking ownership of their communities. Waste and Abuse: Shikha Dalmia, Reason Foundation senior policy analyst, says crony capitalism and union demands for increased benefits left the city bankrupt. Darcy Olsen, Goldwater Institute President, says Detroit's decline could have been avoided with privatized public services. Sandy Springs, Georgia, did that. Big Spending: Ken Sikkema, Former Michigan Majority leader, says politicians spent too much and expected bailouts to fix their mistakes. A Tour of Detroit's Ruins: About two thirds of its population have left town. The city is a mess. Whole neighborhoods have crumbled.