-
Answered at 1:44 PM on Nov. 5, 2009 by:
-
Answered at 1:52 PM on Nov. 5, 2009 by:
Anonymous
I agree
-
Answered at 2:23 PM on Nov. 5, 2009 by:
As a local TV reporter, I could find plenty of crooks. But once I got to the national stage — "20/20" and "Good Morning America" — it was hard to find comparable national scams. There were some: Enron, Madoff. But they are rare. In a $14 trillion economy, you'd think there'd be more. But there aren't.
I figured out why: Market forces, even when hampered by government, keep scammers in check.
Reputation matters. Word gets out. Good companies thrive, and bad ones atrophy. Regulation barely deters the cheaters, but competition does.
It made me want to learn more about free markets. I subscribed to Reason magazine, read Cato Institute research papers. Then Milton Friedman, Friedrich Hayek and Aaron Wildavsky.
My reporting changed. I started taking skeptical looks at government — especially regulation. I did an ABC TV special, "Are We Scaring You to Death?" that we TV reporters often make hysterical ... (cont'd)
-
Answered at 2:26 PM on Nov. 5, 2009 by:
(Stossel's article cont'd) ...
" ... that we TV reporters often make hysterical claims about chemicals, pollution and other relatively minor risks. Its good ratings — 16 million viewers — surprised my colleagues.
Suddenly, I wasn't so popular with them.
I stopped winning Emmys.
I was invited on CNN's media program, "Reliable Sources," to be interviewed by The Washington Post's Howard Kurtz and an indignant Bernard Kalb. They titled the segment, "Objectivity and Journalism: Does John Stossel Practice Either?" It was in big letters over my head.
Apparently, I had broken the rules.
On the air they told me that I was no longer objective. I was too stunned to defend myself effectively. I said something like: "I've always had a point of view. How come you had no trouble with that when I criticized business?"
Stossel's article is GREAT. I have watched him for years. He ALWAYS makes sense !
-
Answered at 2:47 PM on Nov. 5, 2009 by:
John Stossel tells about his own dawn of understanding for reality.
Time after time we see personal stories about people who had progressive views, communist views, anti-free-market views, etc. who then get their eyes opened to reality by an event or by learning something they didn't know before.
Suddenly they cannot go along with what they have discovered is a lie. And they find themselves now attacked by their "friends" as an enemy !
-
Answered at 3:32 PM on Nov. 5, 2009 by:
The same reason if you don't believe in global warming you are wrong and thats all there is to it. This is how these people think and what they say is what is right according to them. They simply refuse to acknowledge there could be another side.
Really, I just don't care what they think anymore. In fact I have to laugh when I hear Libs spewing their kind of "religion"
-
Answered at 4:31 PM on Nov. 5, 2009 by:
My SIL is one of those liberals who believe in freedom of speech as long as it is "correct", namely, whatever she believes. Everyone else should be shut up. She would love "re-education camps".
Stossel has guts. He says what many are thinking but are afraid to admit it. He doesn't try to scare people to death, but points out logic. He truly investigates. I love his reports.
-
Answered at 6:01 PM on Nov. 5, 2009 by:
Love Johnny Boy.. : )
-
Answered at 6:39 PM on Nov. 5, 2009 by:
I read his book about those topics he has covered. Can't think of the name of the book, but it was very good.
-
Answered at 10:24 AM on Nov. 7, 2009 by: