John Stossel
Flooded in Debt: Rand Paul’s Fight To Fix Federal Flood Insurance
From Stossel TV
NOTE: This is a US based program.
Federal flood insurance is a disaster!
As I reported years ago, Federal Flood Insurance encourages idiots like me to do foolish things like building a house on the edge of the Atlantic Ocean. It was a risky place to build, but I did it anyway because government guaranteed my investment. Eventually, my whole house was destroyed, but I didn’t lose a penny. Thanks!
But it’s wrong that you paid for my risk-taking, and it’s good that finally, one senator, Rand Paul, wants to limit this handout. He points out, that there’s no limit on how many times your government will give away your money. “One house in Virginia, they’ve rebuilt the house 41 times,” explains Paul. 41 times!
Federal flood insurance is like buying drunk drivers new cars. It’s not government’s job to protect people from the risks we choose to take. We should get rid of federal flood insurance and all subsidies that encourage people like me to build in risky places.
After 40+ years of reporting, I now understand the importance of limited government and personal freedom.
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Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people. Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20. Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.
Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club. Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
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To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
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From StosselTV
People have been “black pilled” to think the world is doomed. Michael Malice says there’s hope.
In his book, “The White Pill,” he argues that tyrannical regimes, like the Soviet Union, can be toppled.
Today, media and universities distort history, and push socialism. It used to be worse. The New York Times once covered up Stalin’s famine, even as millions starved. Why? Malice says it’s because NYT star reporter Walter Duranty liked communism’s utopian promises, and status he got from his exclusive Stalin interviews.
Malice says the fall of the Soviet Union should give us hope that America can resist the universities and media’s brainwashing – or any tyranny that someone is “black pilled” about.
Our video explains Malice’s “white pill” and why you might want to take it.
After 40+ years of reporting, I now understand the importance of limited government and personal freedom.
——————————————
Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people.
Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20.
Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.
Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club. Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
Links
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To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
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From StosselTV
The government promised to expand broadband, build hundreds of thousands of EV chargers, and to bring back semiconductor jobs. They delivered delays, waste, and failure. Why? Because they spend your money, not their own.
After three years and $65 billion spent to expand broadband, not a single person has yet been connected.
Also, two years into Biden’s $7.5 billion EV charging stations initiative, which was supposed to build 500,000 stations, only seven have been built.
The CHIPS Act promised to bring semiconductor jobs back to America. But the money got tied up in DEI quotas, climate pledges, and union mandates.
When bureaucrats spend other people’s money, they have little incentive to spend it carefully. Our new video explains why government should leave building things to the private sector.
After 40+ years of reporting, I now understand the importance of limited government and personal freedom.
——————————————
Libertarian journalist John Stossel created Stossel TV to explain liberty and free markets to young people.
Prior to Stossel TV he hosted a show on Fox Business and co-anchored ABC’s primetime newsmagazine show, 20/20.
Stossel’s economic programs have been adapted into teaching kits by a non-profit organization, “Stossel in the Classroom.” High school teachers in American public schools now use the videos to help educate their students on economics and economic freedom. They are seen by more than 12 million students every year.
Stossel has received 19 Emmy Awards and has been honored five times for excellence in consumer reporting by the National Press Club. Other honors include the George Polk Award for Outstanding Local Reporting and the George Foster Peabody Award.
————
To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe ————
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