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pt 4 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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  • Actually John Stossel is right. If he was still on ABC News all of you would agree. John Stossel is the only smart man on FOX News

  • @juleskunk

    .

    The best idiot test: "call something propaganda without any reasoning, references, or even a basic argument".

    .

    Seriously, just because something appears on FOX makes it false? Do you have any critical faculty whatsoever?

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  • government is failure...

  • Common John Strosse, the Indians are poor because the same government whom they're "freeloading" off of stripped their land from them in the first place...

  • Give them HELL John Stossel! We need you!

  • No man is an island. All these innuendos of "pure individualism" are false -- everybody gets by with a little help from his friends.

    Yes, people do have to pick themselves up by their own bootstraps to some degree, but we're never told about how truly successful people like Bill Gates have ENORMOUS support systems in some way or another. But the most important thing is that they come from a CULTURE where nonachievement is spat upon with contempt. That drives a LOT of initiative.

  • Thank God for John Stossel.

  • "free to me, you taxpayers paid for it!" lol. So candid

  • @Redeye1524 oh my. faggot

  • @carsiotto suck a dick and you're mom, well that's all worth mentioning here

  • @PeterG00000 Any evidence to support anything you're saying or are you just going to waste my time with your immediate dismissal of facts?

  • @Redeye1524 You're on a tear, maybe if you whip up enough snappy lines to the various disinterested liberals who show disgust at this drek you'll somehow prove you're right. An army of one! Silly conservative, trix are for kids.

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