John Stossel at Fox Business recently hosted a superb one-hour program, “Freeloaders,” that brings up to date another program he did on the same subject at ABC’s “20/20″ in 2006. In the new program, he critiques the welfare state in America and takes on major corporations, millionaire entertainers, panhandlers, Indian Reservations, and anyone on the dole. Stossel notes that:
In America today, who are the biggest freeloaders? Panhandlers? Poor people?
You may be surprised that some of America’s biggest recipients of handouts are rich people, and well-connected corporations. The biggest corporate freeloaders may be the biggest industrial corporation in the world: General Electric.
Here is the segment on General Electric and other major corporations that push for and line up for enormous federal subsidies:
Here also is the program’s segment on how federal government controls and welfare statism have destroyed the lives of native Americans living on government reservations:
And here is the segment on the Pigford race discrimination case against by the U.S. Department of Agriculture in which 97,000 black “farmers” have applied to receive $50,000 each in the settlement even though according to the U.S. Census, there are only 18,000 black farmers: