20100422-Stossel-[Myths_Lies_Stupidity].Fox Business.CF.avi

STOSSEL - "Myths, Lies, and Downright Stupidity - How Everything You Know is Wrong" Fox Business Network 2010, April 22, Thursday Xvid/MP3 AVI, encoded from clean composite SD video source ----- [Excerpted from John Stossel's blog] April 22, 2010 02:46 PM UTC by John Stossel Tonight's Show: Myths, Lies & Downright, Stupidity (FBN 8PM & Midnight ET) On my Fox Business show this week (Thursday at 8pm & Midnight ET): Myths, lies and downright stupidity. In 40 years of reporting, I’ve learned that much of what people believe, and what the media reports, is myth. “Capitalism is cruel” and “business is evil” are myths popularized by the MSM and Hollywood. But, as radio host Michael Medved explains, business is more fair and more reliable than government. Where do you get better service, he asks, Starbucks or at the DMV? In my syndicated column this week, I look at a range of business myths that Medved writes about: Medved's second myth is that when the rich get richer, the poor get poorer. This is the old zero-sum fallacy, which ignores that when two people engage in free exchange, both gain -- or they wouldn't have traded. It's what I call the double thank-you phenomenon. I understand why politicians and lawyers believe it: It's true in their world. But it's not true in business. "If you believe that when the rich get richer, the poor get poorer, then you believe that creating wealth causes poverty, and you're an idiot," said Medved. "One of the things that I hate is this term 'obscene profits.' There are no obscene profits ... . (The current economic downturn shows) "that when the rich get poorer ... everybody gets poorer." ... I'm also bugged when people argue that today's problems prove that capitalism "failed." What failed? We had a correction. A bubble popped. But from 1982 to now, the Dow rose from 800 to 11,000. Had it happened without the bubble, we'd say this is one of the great boom periods. Full column here. http://www.creators.com/opinion/john-stossel/myths-about-capitalism.html

udp://tracker.openbittorrent.com:80
udp://open.demonii.com:1337
udp://tracker.coppersurfer.tk:6969
udp://exodus.desync.com:6969

cinesimon (2010-04-23)

The myths and lies of Fox, yet again. The blurb here is absolutely hilarious!
By the way anyone who adds the label 'libertarian' to a Fox/Stossel piece is obviously woefully ignorant of reality-land...
It's the same logic as teabaggers loving Dick Cheney - who has said time and again that deficits don't matter. But hey: he likes to kill Muslims! Oooh, yummy yummy yummy...

aftac (2010-05-02)

Socialism - Is a form of government where the people can more easily accept failure as it is shared equally. Except for the government, when one person fails, all persons fail. Equality is achieved by the elimination of real success, by redefining success as the avoidance of total failure.

aftac (2010-05-03)

Might someone know of a second source for stossel? 20100429 appears to not be available anywhere I've looked.

LEESOK (2010-05-04)

Thanks for making this show available.

LEESOK (2010-05-04)

May 03 2010
Will last Weeks show (April 29 2010) be available? I think it was about "Free Trade" and featured Stossel VS. Lou Dobbs
This Weeks show (May 06 2010) will be about Government Bullies.
skJGZV6z Uploads are greatly appreciated by LEESOK...

waleyejim (2010-06-09)

Thank you skJGZV6z and all those who appreciate freedom and understand what the loss would mean...

onlyjared (2013-07-08)

Wow! cinesimon. This is one of the most impressive displays of ignorance I've ever seen on the Internet. Obviously you have no idea of how libertarians think otherwise you would know they are not fans of Dick Cheney nor do they have any interest in imperialism or "Muslim killing". This ideaology is about an alternative to government attempts to restrict freedom and choice. It's a rejection of "Nannyism". I find your lack of understanding which is likely a symptom of disinformation promoted by the MSM very disturbing. Enlightenment comes from independent thought not blind conformity.