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The politicians should not tell the people to shut up.

John Stossel

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John Stossel
Age: 77
Born: 1947
Born: March 4
Journalist
Reporter
Television Presenter
Writer
Chicago Heights
Illinois
John Frank Stossel
People
Shut
Politicians
Politician
Tell
Political

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Fraud will always exist. Enforcement of anti-fraud laws is a useful deterrent, but in the end there's no substitute for investor vigilance. Government regulations provide a false sense of security - and that's worth less than no sense of security at all.
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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.
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David Boaz has been my guide to the history, economics, and politics of freedom for years.
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As a free person, I ought to be allowed if I'm dying to take something.
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Madoff's scam was small compared to Ponzi schemes the government itself runs: Social Security and Medicare.
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What private property does is connect effort to reward, creating an incentive for people to produce for more. Then, if there's a free market, people will trade their surpluses to others for the things they lack. Mutual exchange for mutual benefit makes the community richer.
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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.
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Where I live in Manhattan and where I work at ABC, people say conservative the way people say child molester.
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