John Stossel’s Ball And Chain Return To Do Battle With Paul Krugman Op-Ed

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by Frances Martel | 7:57 pm, June 2nd, 2010

» 22 comments

John Stossel is really betting his hat on the theory that props lead to ratings. On today’s America Live, he visited host Megyn Kelly to talk about the debt crisis in Greece in what is becoming a recurring outfit for him– a ball and chain coiled around his suit, which he uses to symbolize the “road to serfdom” that America is now on due to the increasing debt.

Kelly is usually cheery when greeting her guests, but all that she could muster today was an incredulous “Why are you wearing that ridiculous outfit?” at Stossel for his prop, and he was honest to admit that he “will dress in props to promote my show.” But his message was a much deeper one– that the United States could end up facing a debt crisis the size of Greece’s if spending continues at the level it currently is.

“We are on the road to serfdom,” he explained, “because government spending keeps increasing, we keep promising people more free stuff, we keep growing government faster than we grow the economy, and that is the road to serfdom.” We got on this road, he argued, because “our politicians decided this isn’t nearly good enough in the interest of fairness.”

Kelly challenges him to take on New York Times columnist Paul Krugman for his argument that the United States on its worst day will be better off than Greece because of the size and scope of its economy. “Krugman is just wrong,” he replies, showing a graph that predicts that by 2020 America could have a debt of the same size as Greece’s, relative to our economy’s size. He also argued that raising taxes on the rich would be dangerous (a solution Kurgman proposed) because there is always the possibility that “the rich could leave” at any time and damage the economy. Looks like we found who was buying up all those copies of Atlas Shrugged.

Video of Stossel on America Live below:

America Live, Ball and Chain, Economy, fox news, Greece, John Stossel, Megyn Kelly, national debt, New York Times, Paul Krugman, Road to Serfdom

Big_F-ing_Deal

Thank God for John Stossel. He keeps the insanity of the Libertarian/Teabagger philosophy in the news.

He was hilarious on O’Reilly today, telling Bill the oil companies need less regulations.

Go John!!
Bootleghaircut

come out of the closet mustache! What a nancy*

*not that there’s anything wrong with it.
ImNotBlue

Big_F-ing_Deal says:
June 2, 2010 at 8:09 pm

That’s funny… I was just thinking the same thing about you!

Oh, and that wasn’t O’Reilly today. Looks like you made a typo… I guess that makes you dumber than Palin, right?
The Real Royal King

We really owe FOX a great deal. No one ever thought of having clowns deliver the news until FOX came along. The next position:

Major cable news network seeks commentator. Knowledge of current events and the aility to form simple declarative sentences in the present tense not required. Prefer big-breasted blond who can juggle inanimate objects. Juggling small animals a plus. Please provide voter registration card indicating Republican membership. Speaking languages other than English not desired.
Ted

I’m sorry, but if The Mustache is ever going to compete with loons like Beck, he’s going to have to do better than the ball and chain routine. Been there, done that.
Bootleghaircut

YOU MUST RESPECT THE STACHE!!!!!!!!

HE’S LIKE THE LIBERTARIAN BURT REYNOLDS, NAY-TOM SELLECK-NO WAIT’,

TOM OF FINLAND!
Big_F-ing_Deal

“Oh, and that wasn’t O’Reilly today.”

Ah yes. O’Reilly yesterday. I stand corrected.

Stupid TIVO.

Anyway, basically he said that the oil companies need less regulations, the govt shouldn’t help plug the hole (they’re incompetent), and the clean up is all on BP, as they will pay for everything,

You can’t make up crazy like that!!!!
ImNotBlue

The Real Royal King says:
June 2, 2010 at 8:33 pm

Usually you save this amount of hate and nonsense for “Bovine,” King. Whatsamatter? Too tired to switch “personalities?”
ImNotBlue

Big_F-ing_Deal says:
June 2, 2010 at 8:57 pm

Can you blame the TiVO for getting your entire analysis wrong?

Stossel’s segment was already talked about on the site. And virtually none of what you said, is true. He didn’t call for less regulation… only smarter regulation, and enforcement of the laws. The government can’t plug the hole (nobody thinks they can), and they’re failing at assisting with the cleanup (just ask anyone in Louisiana).

Apparently, you really can make up crazy like that… since you just did.
TROLLING4LIBS

That’s funny KING!! Clowns? LOL.

This is coming from somebody who is a complete PHONY and self invented – man , who has no real professional job , other than posting on serveral Internet blogs under a variety of names.

You use 4- 5 usernames on this site , for gutter talk, demeaning individuals, and race- mongering, and lastly you use Mr. Glenn Bovine koldys to give out personal address’s .

You sir are the only clown.
Big_F-ing_Deal

@ImNotBlue…Nice spin.
Big_F-ing_Deal

John Stossel:

“Likewise, government should have nothing to do with the cleanup. ”

“On O’Reilly tonight, Bill says he will ask me what libertarians think government should do about the BP oil spill and offshore drilling.
I say: nothing. Or rather, do less.”

“O’Reilly wants more regulation. But that’s not the answer.”
proudvet

Let”s get back to the subject of what stossel was saying. He’s right . The more the government spends money that we don”t have the more they will try and take from us to pay for their f–ups. Time to get people if office who have the balls to Cut Spending now! While they’re at it they need to make sure that Obamacare, the Dept of Education, The EPA, The Dept. of Agriculture, and all of Obama’s czars get no funding. Freeze spending everywhere else, Thats just for starters Next president does’t get any czars either.
ImNotBlue

Big_F-ing_Deal says:
June 2, 2010 at 9:05 pm

@ImNotBlue…Nice spin.

Spin… truth… you know, whatever.

Big_F-ing_Deal says:
June 2, 2010 at 9:15 pm

And? The government’s regulations are meaningless because they don’t enforce them… more regulations aren’t the answer. As Stossel says, we could probably do well with less regulations (for example, stop banning shallow water drilling… which Obama just did), and enforce some of the regulations we’ve already got.

You’re trying to find some semantic argument here… and I guess that’s the best you’ve got. But on substance, you have yet to show any alternative to Stossel’s suggestion, or example (or rational) on why it’s bad. In other words… you’re just hating for the sake of hating. What’s up with that?
Glenn.Bovine.Merrill

Let me make this clear once and for all.

Pay attention, you dumbshts, that is YOU drunk gold digger, hagzilla, Mark Koldys, gangsta wannabe Fox Fan, the Asshley, blackdung, I Got No Balls, Phuke0, and especially Jeffy Bovine (you Koldys’s Klowns know exactly who he is)

I am NOT the Real Royal King.
I am NOT Robert Stephenson.

Now, Bovine, this brings your tab to $32,000.

Just lemme check if I have your correct address:

Jeff Merrill
PO Box 294
Rescue, CA 95672

or maybe I’ll write:

rescuehorse***AT***msn.***DOT**com

Now that you teabagging clowns have your polka dotted panties in a wad, lemme give you morons another clue.

Jeffy Bovine’s info is PUBLIC.

He published it himself. On his website. Where he advertises his skills jacking off horses.

So Koldys’s Klowns, next time you see one “Olby Sucks” remind him to take down his website if he doesn’t want the world to know what he does for a living. Besides wankin’ with Keith Olbermann’s picture.
Big_F-ing_Deal

“you’re just hating for the sake of hating. What’s up with that?”

Haha…when your done licking the ass of John Stossel you will be back to saying Obama didn’t do enough, quickly enough.
lanquihue

Being a Libertarian, Stossel doesn’t have to stop and decide how he needs to spin every topic, unlike most of you liberal vaj stents.
Level Headed American

John should go surfing with that ball and chain around his neck.
The Real Royal King

I appreciate your setting that straight Glen.Bovine.Merrill, but are you sure I am not you? The ethically and morally superior, indeed perfect, INB, who, although tempted in every way as I, does not sin, seems to think otherwise. If what you suggest is true, that would simply render INB a superfluous gasbag, and our nation would not long endure if that were true.
Sue

When you are blind, deaf and dumb, anything that processes through what others call a brain is a useless exercise in Lefty’s. You can’t stand to hear anything but your own world view that is leading us down that serfdom path we left only a couple of hundred years ago. For those of you have money, it look easy, but, wait until you have to fork over 80% of your money yearly to the Fed…then talk to the rest of us. Imbeciles!!!
writer

King, do you need a tissue?
http://www.facebook.com/people/Mark-Stouffer/715630979 Mark Stouffer

By looking at these comments I can see why our country is in such a sad state. Half is child-like, high-school tit-for-tat one-upmanship. You make yourself feel better by making the other guy you don’t even know on an internet comment list feel worse. Emotional relativism.

The other 45% debates the points as if you are English aristocrats having a good argument over a cup of tea.

The battle between Stossel and Krugman is the battle between Hayek and Keyns. It is the dispute that lead to most of the wars of the 20th century. When the government appropriates our wealth they appropriate our resources and our strength to speak out! As we slide into serfdom even the internet won’t be able to help us.