John Stossel joined FOX Business and FOX News in October 2009. His show, Stossel, airs on the Fox Business Network on Thursdays at 8 p.m. ET
He is the New York Times best-selling author of Give Me A Break and Myths, Lies and Downright Stupidity. His "Give Me a Break" commentaries take a skeptical look at a wide array of issues, such as education, the economy, parenting, and more.
Subscribe to the RSS feed for this blog.
D. Frank Robinson
It hasn't been about repaying debt since the Federal Reserve was created in 1913. It's about inflating money and credit to collect interest and income taxes. The debt is just something to facilitate the control of wealth by bankers. But you may have guessed that already. If not read Mises, the Austrian economist.
Aardvark
It is getting harder and harder to get worked up over these financial fiasco's. With the way money has been getting thrown around lately who can be surprised anymore? I think the real joke is on the countries lending us money who honestly think we are going to pay them back someday. Good luck with that! Especially the Chinese who are telling us to spend less. Let's see, if we spend less then we buy less from them throwing them into recession.