STOSSEL…. Libertarian activist John Stossel, formerly of ABC News, will launch his own show on the Fox Business Channel tonight. It’s called Stossel.
The host chatted with Lloyd Grove about what viewers can expect from the program.
Tell me a little bit about what the show is going to be.
It will be one subject. The first subject will be maybe Atlas Shrugged or global warming — Atlas Shrugged because I think 50 years ago, Ayn Rand predicted today. It sort of sums up what I’m going to be reporting about.
Ayn Rand predicted what?
Big government, nice-sounding legislation like “The Preservation of Livelihood Law,” which mandated that Hank Rearden’s production must not be bigger than any other steel mill, to make it a level playing field. It’s silly.
Is that a new law passed by this Congress?
No, but it’s what Wesley Mouch, the evil bureaucrat in the book, passed. And what Tim Geithner and what Barney Frank might like to pass.
And to think, ABC let this insightful media professional slip away. Imagine that.