John Stossel
John Stossel
John Frank Stosselis an American consumer television personality, author, and libertarian pundit. In October 2009, Stossel left his long-time employment at ABC News to join the Fox Business Channel and Fox News Channel. He is the host of a weekly news show on Fox Business, Stossel, which was first broadcast on December 10, 2009. Stossel also regularly provides analysis, appearing on various Fox News programs, which include weekly appearances on The O'Reilly Factor. He also writes a Fox News Blog,...
NationalityAmerican
ProfessionJournalist
Date of Birth6 March 1947
CountryUnited States of America
There is all of this protesting against corporate power, but in reality, corporations have to persuade you - they could have a ton of money, but actually only government can use force.
But nothing is better than the market, where the customer and the business deal directly with each other, because if you rip people off, word gets out. That business eventually loses its customers, and the good ones that serve people well get the business. You get government in there, and it's just more money for the lawyers who write the bills.
People like getting what they think is free stuff from government.
When we were scared about 9/11, we federalized the airport security, we spent millions for body armor for dogs in Ohio. All that over-reaction comes from fear and government - bad combination.
I'm an American. I'm for prosperity. I've discovered, from 40 years of reporting, that what creates prosperity is limited government.
I started out by viewing the marketplace as a cruel place, where you need intervention by government and lawyers to protect people. But after watching the regulators work, I have come to believe that markets are magical and the best protectors of the consumer. It is my job to explain the beauties of the free market.
All our rights are gradually eroded as government gets bigger.
Well, who is more likely to volunteer to take a job in a bureaucracy that has little to recommend it except that it gives you the power to use government force to control the lives of others? A dispassionate scientist or a zealot? In government, the zealots eventually take over.
As coercive monopolies that spend other people's money taken by force, governments are uniquely unqualified to solve problems. They are riddled by ignorance, perverse incentives, incompetence and self-serving.
The smaller the government, the less the need to manipulate politicians.
Take away the government's monopoly, and private groups will do it better.
Government has no wealth of its own. Before it gives anything to anyone, it must take from those who produced it.
Government has no money of its own. All it does is take resources from one group and given them to another.
Unions say, 'Education of the children is too important to be left to the vagaries of the market.' The opposite is true. Education is too important to be left to the calcified union/government monopoly.