pt 3 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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  • That fat woman seriously needs to be reprogrammed. Frickin entitlement babies

  • NAIVE AMERICAN! We came from HERE!

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  • @robertquentincobb stosselis a fuck face

  • John Stossel is the MAN! Thanks for loading.

  • But on the matter of the Indian tribes, they should be given subsistence training and an ultimatum to comply with actually implementing designed subsistence infrastructures, or lose funding. That way, they could receive only primarily a modest amount of critical assistance in order to have the necessary raw inputs that their -- or anyone's -- independent subsistence requires.

    But subsistence training means hands-on education, and they must submit to that or lose aid.

  • Using this power over business contracts, Bill Gates rose to power NOT by providing "the best software", but by BINDING vendors into contracts that he CONSISTENTLY VIOLATED by promising the delivery of crucial operating system software by a certain date, and then LEAVING THE COMPANIES LOCKED INTO COMMITMENT until WAY after the agreed-upon delivery date. And where do you think he got the legal leverage to hold his victims to contract like that?

    Maybe his daddy. Just mmmmaybe.

  • *LOL* Okay.

    As soon as I saw Yaron Brook, right away I knew this whole thing is being framed by the notoriously context-dropping Ayn Rand community. So let's talk about how Bill Gates and Microsoft REALLY rose to power, m'kay?

    Bill Gates' daddy is an ultra-powerful and ruthlessly mercenary PATENT ATTORNEY from Seattle, and that's who "innocent Li'l Billy" has had in his corner -- FREE OF CHARGE -- to help him with his ruthless business contracts against everyone he set his sights on.

  • If the Bush-CIA assassination axis hadn't systematically sabotaged the emergent industries of alternative energy in favor of petroleum company crony capitalism, we wouldn't be in the mess we're in now. The petroleum monopoly we all take for granted was never in ANY way "inevitable".

    And so, now, because of governmental puppeteer pseudo-capitalism, everybody is now so conditioned to think that government MUST "of course" commandeer this new alternative energy shift.

  • @IrminC Asians came from here land of the free...haha dumbass

  • Everyone depends on the government so what does that make everyone freeloaders. Shit who wants to work hard for shit while the rich get richer and the poor get poorer. Capitalism is no better either is socialism. As long as this country remains patriarchal then there is no justice for anyone just the rich and powerful.

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