John Stossel on “Crony Capitalism."

H/t Dr Sanity.

John Stossel is or should be known as one of the greatest advocate of libertarian ideas in the modern era. He has a unique ability to take apart accepted statist doctrine and show it as the ridiculous concept anyone with a rational belief in the free enterprise system know it to be. The only thing I am left wondering after watching him is how the hell we ever reached this point and why the hell we are not out there tarring and feathering the perpetrators.

When I was taking my first few faltering steps toward libertarianism, (actually I leapt in head first, rose to the surface with a joyous shout and knew that this time I had it right, but I digress) I watched the film “The Incredible Bread Machine,” and was outraged by much of what I saw, including at the 18/19 minute mark the stuff about lobbyists. Incredibly the film is up on Youtube, a bit old and washed out, but still there:

Stossel deals with the issue of lobbying extensively in this the first of six videos in the series. For those with less time there is a shorter clip here.

This is part one of six 10-minute clips:


The whole program is worth watching if you have the hour to spare, and part four (about the toy industry) is guaranteed to really piss you off with the government.