John Stossel on the market


	John Stossel on the market

infidel70

11-4-2009 7:38 AM

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11-4-2009 9:26 AM

clip-on-tie

So true. The people moaning about corporations have no idea what they're talking about. And most of them, like Michael Moore-on are moaning about the same corporations in which they own shares.

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/076d38b7-485a-4104-9173-efa09c2d4253/7AA145F9-70E9-40B5-91A4-39A031BAFD97/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.realclearpolitics.com/articles/2009/11/04/the_double_standard_about_journalists_bias__99003.html" href="http://www.realclearpolitics.com/articles/2009/11/04/the_double_standard_about_journalists_bias__99003.html" style="font-size: 11px;">www.realclearpolitics.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.realclearpolitics.com/articles/2009/11/04/the_double_standard_about_journalists_bias__99003.html"><div align="center"><img src="http://content7.clipmarks.com/blog_cache/www.realclearpolitics.com/img/1A0E7D37-C830-410B-93E7-12C8C7A839D5" alt="" /></div></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.realclearpolitics.com/articles/2009/11/04/the_double_standard_about_journalists_bias__99003.html"><P>I was one of America's first TV consumer reporters. I approached the job with an attitude. If companies ripped people off, I would embarrass them on TV -- and demand that government <EM>do</EM> something. (I now regret the latter -- the former was a good thing.)</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.realclearpolitics.com/articles/2009/11/04/the_double_standard_about_journalists_bias__99003.html"><P>I clearly had a point of view: I was a crusader out to punish corporate bullies. My colleagues liked it. I got job offers. I won 19 Emmys. I was invited to speak at journalism conferences.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.realclearpolitics.com/articles/2009/11/04/the_double_standard_about_journalists_bias__99003.html"><P>Then, gradually, I figured out that business, for the most part, treats consumers pretty well. The way to get rich in business is to create something good, sell it for a reasonable price, acquire a reputation for honesty and keep pleasing customers so they come back for more.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.realclearpolitics.com/articles/2009/11/04/the_double_standard_about_journalists_bias__99003.html">But once I got to the national stage -- "20/20" and "Good Morning America" -- it was hard to find comparable national scams. There were some: Enron, Bernie Madoff, etc. But they are rare. In a $14 trillion economy, you'd think there'd be more. But there aren't.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/7AA145F9-70E9-40B5-91A4-39A031BAFD97/blog/" title="blog or email this clip"><img src="http://content8.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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