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Madoff's scam was small compared to Ponzi schemes the government itself runs: Social Security and Medicare.

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
Security
Small
Social
Scam
Running
Scams
Government
Medicare
Schemes
Runs
Compared

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You can either invade a country or leave them alone and trade with them. When goods cross borders, armies don't.
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I never wanted to be an anchor for 25 years, and suddenly I wanted to be one.
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Living with the liberals, you get to hear their arguments, fight with them all the time. Keeps me alert.
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David Boaz has been my guide to the history, economics, and politics of freedom for years.
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People acting in their own self-interest is the fuel for all the discovery, innovation, and prosperity that powers the world.
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A handful of people who probably never even ran a small business actually think they can reinvent the health care system.
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'Live and let life' used to be a noble approach to life. Now you're considered compassionate if you demand that government impose your preferences on others.
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The happiest stutterers, I learned, are those who are willing to stutter in front of others.
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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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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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Asking someone in the media about liberal bias is like asking a fish about water. 'Huh, what are you talking about? Where is it?'
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I was bullied as a kid, and I got a job on television. And I had a camera. And so I wanted to go after those business bullies. And I just have been following that instinct.
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When workers can get and equal return for less effort, workers make less effort
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I was a closet stutterer.
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Government has no wealth of its own. Before it gives anything to anyone, it must take from those who produced it.
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