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Wednesday, September 23, 2009
John Stossel :: Townhall.com Columnist
Going to Fox II
by John Stossel
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Will Congress pass Obamacare by the end of the year?

When I announced last week that I was leaving ABC for Fox, some readers complained about my "bias." I replied: "Every reporter has political beliefs. The difference is that I am upfront about mine."

Look at today's burning issue: President Obama's pledge to redesign 15 percent of the economy. Virtually every reporter calls his health care plan "reform." But dictionaries define reform as "improvement." So before they present any evidence, reporters pronounce Obama's plan an improvement. Isn't that bias?

The New York Times took its bias to an absurd length. Its page-one story on the big anti-big-government rally in Washington, D.C., referred to "protests that began with an opposition to health care. ..."

Arguing with Idiots By Glenn Beck

Apparently, in the Times reporter's and editors' view, opponents of the Obama health care plan oppose health care itself. (The online article was later changed.

Economic-policy reporters usually present the views of supporters of new regulations as objective and public-spirited. For a contrary view, at best they'll ask a Republican or a representative of the regulated business, who is portrayed as self-serving. (Republicans tend to offer a watered-down version of the Democrats' proposals.)

A recent Bloomberg report on President Obama's plans to rewrite financial regulations is typical: "Obama has proposed new regulations overseeing the systemic risk posed by large financial institutions." The reporter quoted White House economic adviser Lawrence Summers in support of the plan. Although there are plenty of reasons to doubt that regulators are competent at judging systemic risk, no skeptical economist was quoted. Readers are led to believe the program is perfectly feasible.

Most reporting on the "stimulus" package has the same flaw. Just to call it "stimulus" is to editorialize, since the idea that government spending can truly stimulate an economy is at best doubtful. Many good economists say it can't be done. After all, the money is taken from somewhere else. But the economists rarely are quoted.

In addition, reporters seem to think they've done their job if they merely describe the intentions behind the proposed "reform." But the burden of proof should be on the sponsors of regulation and spending. They should have to make a convincing case that their new rules are superior to the free market. Who cares about intentions?

Fuel-efficiency standards, intended to save gasoline, give us less crashworthy cars, so more people die. Subsidies to American farmers destroy Third World markets. Fannie Mae and Freddie Mac encouraged shaky subprime mortgages and helped cause the housing and financial turmoil.

The long list of bad results that have emerged from well-intended regulation ought to dim reporters' enthusiasm. But it hasn't.

I admit that my guiding political and economic philosophy -- libertarianism -- now shapes my reporting, in this way: It prompts me to ask questions that others don't ask. Continued...

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About The Author
John Stossel blogs at http://blogs.abcnews.com/johnstossel/ is an award-winning news correspondent and author of Myths, Lies, and Downright Stupidity: Get Out the Shovel--Why Everything You Know is Wrong.
 
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©Creators Syndicate
Question to those who the seek liberty
Who said, "I am a radical. If you call me a conservative, I'll punch you in the nose."

He was a Libertarian and wrote at Human Events (until that paper fell into their version of the statist trap.) I am sure some in the Old Right thought it was gone forever. That is the greatness of freedom and liberty. A little bit is retained in each of us. It hangs on for a generation or two. We know there is something wrong with the way these experiments have gone. We are told by the media that this is the way it works and we are to accept our place (reminds me of the Borg.)

Evidence shows that the statist experiments are failing. First in the USSR, now our version is drowning in it's contradictions. Freedom and liberty are completely unlike what our government tell us what we must accept. Freedom and liberty tells the government what is acceptable.

The Left are the reactionaries. And the Right today is simply a variation on the statist dream to control everything in their image. Government is the great evil; the less the better.

I hope to see you on the judge's Freedom Watch when time allows. You will be welcome.

God bless you and take care.

Mr Stossel
I can't wait to see you on fox. I watched 20/20 regularly when Hugh Downs was the anchor. I quit watching when the leftist shrill Barbra Walters was given a job. You are absolutely right, the road to h#ll is paved with good intentions.
Kirk
u on fox. I watched 20/20
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