pt 1 John Stossel freeloaders 3-25-11

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Uploaded by on Apr 4, 2011

FREELOADERS: A John Stossel Fox News Special




some of the footage was us in the old freeloaders in 2006 on 20/20 you can see it here at http://www.youtube.com/watch?v=4teq7aKTNJ4 at the end of the clip


Some Americans actually make a living ... begging for money. Professional panhandlers, they're called, sometimes making more than $100 in a day. I tried it in Manhattan, and made over $11 in one hour—that would be $23,000 a year—tax free!

It's a small example of why some said that the USA is turning into a nation of freeloaders. The Manhattan Institute's Heather MacDonald says that beggars she's encountered "have the most deep-seated sense of entitlement that I've ever come across."

From those defaulting on their home mortgages, to those who see lawsuits as a lottery ticket, many Americans live off the hard work of others.

I look at how government turns people into freeloaders Did you know that any black person who has farmed or "attempted to farm" can collect $50,000 from the Federal government? "Attempted to farm could mean anything," says black farmer Jimmy Dismuke, "My little three year old grandson could attempt it."

We'll introduce you to a woman who hasn't paid her mortgage in 25 years... and doesn't ever intend to. I confront the founders of "youwalkaway.com", a website dedicated to advising people on how to walk away from their home mortgages .

Some of America's biggest recipients of handouts are rich people. The biggest corporate freeloaders may be the biggest industrial corporation in the world: General Electric.

General Electric CEO Jeffrey R. Immelt is super-close to President Obama. The president named Immelt chairman of his Council on Jobs and Competitiveness. Before that, Immelt was on Obama's Economic Recovery Advisory Board. He's a regular companion when Obama travels abroad to hawk American exports. (Why does business need government to do that?)

I'll also reveal some of my own freeloading. Federal flood insurance is a freebie for those of rich enough to have waterfront property, I collected on that. People like Bon Jovi and Bruce Springsteen take advantage of tax benefits that are supposed to help farmers.

Is America becoming a nation of freeloaders?

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  • @AreWeStillFree1 That was entirely impertinent to my criticism of Stossel's coverage on the topic.

    Read it again.

  • I don't use anything from the government. I have basically opted out of the system, although I'm still being taxed to death. I won't even use our "free" healthcare system.

  • @ninuxy Before you call anyone a cretin, take a look at your English. You are obviously an uneducated, and unsuccessful loser.

  • @gladitsnotme

    He donates 60 percent of his income to charities that help develop african villages fuck head..

  • Stossel is such a douche, glad he's not on real TV anymore.

  • it is amazing how people have to act like they dont have anything just to get something... There is something wrong with this planet

  • @ninuxy Did you not watch the whole clip? If you want to truly help somone in need give to a charity. I live in Chicago and this is prevelant all over here. Some pan handlers drive fancier cars than I. By giving them $ you are being an enabler. Give to charity that will supply the truly needy with a job and shelter. Stop giving to pan handlers so they can get that job and shelter and finally start to move up in life. Sure there are truly needy people, but giving them free $ dosn't help.

  • Another moronic video by the cretin Stossel.

    Why don't search for invisiblepeople on YT and watch hundreds of "real" homeless people.

    He goes out and find bunch of panhandling charlatans just to portray the very large majority in distress as the same clan.

  • @tonyfalca She just wants the panhandlers to conform to the system she's happy with...

  • That blonde woman is so preconceived.

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