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
During his last campaign, Biden claimed he “knows how to make government work.” But he doesn’t! No one does.
Biden can’t keep track of what he spends, inflation is worse, and our national debt is the highest it’s ever been.
Economist Ed Stringham says, “It’s a hubris that the government knows best.”
While government fails to work, the private sector gets things done.
Our new video shows ways markets outperform even the best-meaning politicians.
————
To get our new weekly video from Stossel TV, sign up here: https://www.johnstossel.com/#subscribe
————
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.
From StosselTV
The government may soon be able to shut down your car. Biden’s $1.2 trillion infrastructure bill includes a kill switch for new cars.
In an effort to reduce drunk driving, government wants devices in cars that will monitor and limit impaired driving. But there’s a big problem: these devices give government control over your car.
Automotive engineer and former vintage race car driver Lauren Fix points out the dangers in my video.
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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