"Veteran ABC newsman John Stossel won 19 Emmys exposing scammers and con artists and came to a chilling conclusion – the biggest threat to our well-being is often our own government.
The "20/20" co-anchor made a dramatic about-face when he realized that "less government is good government." He abandoned his liberal perspective, became a libertarian – and paid a heavy price, he recently told NewsMax in an exclusive interview.
When Stossel changed his political stripes, suddenly the awards stopped coming, once-friendly producers shunned him and the liberal establishment struck back with a vengeance. But now he's coming out swinging harder than ever at "monster government." His eye-opening new book, "Myths, Lies, and Downright Stupidity," has recently been released has become a New York Times bestseller.
As a young reporter crusading on behalf of consumers, Stossel says he embraced the liberal mantra that "people should be pretty free to live their own lives but that wise government should tax people to make their lives better – and it should especially tax rich people to make poor people's lives better. That would end poverty and do all kinds of wonderful things."
The deeper Stossel dug into these complex issues, however, the more he saw that the regulators and bureaucrats who were supposed to solve problems were often at their very root.
"I had an unusual ringside seat on the regulatory state as a television consumer reporter," he explained. "I'm a little embarrassed about how long it took me to see the folly of most government intervention. It was probably 15 years before I really woke up to the fact that almost everything government attempts to do, it makes worse," Stossel confesses..."
full article: News Max
buy the book (audio version): Amazon.com