Madoff's scam was small compared to Ponzi schemes the government itself runs: Social Security and Medicare.
John StosselCentral authority is bad. The bias should be for freedom. And without a central authority, there are lots of little authorities, and we learn which ones to trust.
John StosselLiving with the liberals, you get to hear their arguments, fight with them all the time. Keeps me alert.
John StosselThe market performs miracles so routinely that we take it for granted. Supermarkets provide 30,000 choices at rock-bottom prices. We take it for granted that when we stick a piece of plastic in a wall, cash will come out; that when we give the same plastic to a stranger, he will rent us a car, and the next month, Visa will have the accounting correct to the penny. By contrast, "experts" in government can't even count the vote accurately.
John Stossel