John Stossel: “Market discipline is the only real protection”

Somehow libertarian John Stossel survived over 20 years at ABC before finally making it over to Fox. The man who Glenn described as, “one of my favorite guys on TV,” joined Glenn this morning on radio to discuss his new book, No They Can’t: Why Government Fails and Individuals Succeed.

Of the 28 years that Stossel spent at ABC, 20 of them were as a libertarian fighting the left and big government. John told Glenn that had “enough of winning Emmy awards and bashing business – I want to explain how government is the bigger problem …and that fight went on for 20 years.”

John’s new book explains a fascinating new theory: small government goes against intuition.

“They no they can't is a reaction to the Obama campaign’s "yes we can",” John told Glenn, “and that came to mean government – and I do think that's instinctive. When we're scared we think we have to turn to government for a solution.”

Stossel used the example of September 11th. “After September 11th I was scared in New York, and they said “we have to have government run airline security.” That made sense to me,” he told Glenn.

He went on to explain that the Senate voted 100 to 0 to federalize the TSA, which we now know isn’t very good. “People don’t know that it [the TSA] costs ten times the old screener costs,” John explained.

Stossel continued this point by using the example of San Francisco, the one big city that still allows the use of private screeners. The screeners are more friends and the lines move more quickly.

“By the TSA’s own tests they find more contraband,” he said. “They’re just better, because they’re a private company, and they don’t want to lose the contract and they do things like run contests for their screeners. It’s great.”

“You could have given me a $1 million. You could have put a $1 million prize. I could have polled the audience and phoned a friend, and we still wouldn’t have been able to guess which city has privatized security being San Francisco,” Glenn said. “How in the hell did that happen?”

John explained that the airport manager in that city just so happened to be the first to use the clause in the law that allows cities to opt out. The TSA has since begun to ignore this requests cities are putting in for the clause, because so many want to opt-out.

“Glacier national park in Montana, where they have triple the amount of traffic in summer, the TSA doesn't adjust the work force,” John said, “it’s a government bureaucracy.”

“You say intuition says corporations are out of control, and government has to police them,” Glenn said to John.

John explained that on the surface it seems much more complicated that market forces could protect you. It seems much easier that corporations need to be controlled so that they don’t go out of control. But, that’s not the case. The corporations get out of control when they don’t reap any of the consequences of their actions. “If they’re out of control, if they hurt their customers, they shrink – they go out of business,” John said.

“That makes sense,” Glenn said. “Because the financial sector is out of control, but it would have solved itself if they would have collapsed back in ’08. They would have learned their lesson.”

“And the investors would have been wiser,” Stossel added. “Market discipline is the only real protection.”

Glenn agreed with John, but no one is getting this message across to the American people.

“If it goes against intuition and the media will not put reasonable people on—maybe there's a flash of light here and there like you were on the ABC—but you can't get into the system to say the American people, ‘look I know your gut says this, but it's the wrong way to go.’ How do you change that? How do you get people to say I want small government?” Glenn asked John.

“I think there's one simple way,” John answered. “You give all your friends a copy of No They Can’t: Why Government Fails and Individuals Succeed.”

“So your book is the key to happiness, and Utopia?” Pat joked. “Wow.”

“It's a Libertarian's dream, and something that we need to read, understand and be able to explain to our friends,” Glenn concluded, “because their gut will tell them the opposite way to go.”

There are new curriculum standards being implemented into schools throughout the nation for health classes that not only go far beyond what's appropriate for young children, but are entrenched in clear political biases, too. Under the standards, third-graders are taught about hormone blockers and endless gender identities, and topics get shockingly graphic for kids as young as 11. Some schools are even teaching their teachers and kids to ignore what parents have to say about these topics. And the worst part may be that many parents are completely unaware what their children are being taught.

Tina Descovich, co-founder of Moms for Liberty, joined "The Glenn Beck Program" to explain exactly what you can ask at your next school board meeting to ensure this "horrifying" curriculum isn't being taught in your kid's school.

Watch the video clip below:

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It should come as no surprise that a newsworthy story receives more media coverage when released on a Monday than a Friday. The reason is in part due to a large number of news-consuming Americans checking out for the week to focus on their weekend plans rather than the news.

On Monday's radio program, Glenn Beck shared information that President Joe Biden decided to release on Friday — when fewer people would notice — regarding the Climate Finance report. This report is marketed to Americans as "A Roadmap To Build a Climate-Resilient Economy." But Glenn believes the report to be Biden's Great Reset warning shot to banks.

In this clip, Glenn warned that if Americans don't stand together, in eight years we all indeed will own nothing. Watch the clip for the full story. Can't watch? Download the podcast here.



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On today's radio program, Glenn Beck was joined by Bill O'Reilly to discuss the top stories of the week.

For O'Reilly, the biggest story this week centered around someone mysteriously missing from mainstream media news reports today: Mark Zuckerberg. Specifically, O'Reilly said it's the 'scandalous' way the Facebook CEO spent nearly $420 million to influence the 2020 election — and did so successfully.

Watch the clip to hear the full conversation. Can't watch? Download the podcast here.

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On Thursday's radio program, Grace Smith and her father, Andy, joined Glenn Beck on the phone and provided a first-hand account of Grace's refusal to wear a mask at school.

Smith, 16, began a maskless protest after her school district in Laramie, Wyoming, decided to implement a mask mandate. As a result, Grace received three suspensions, was issued two $500-citations, and was eventually arrested.

"How long were you in jail?" Glenn asked.

Grace said was taken to jail but was never booked nor was she was placed in a jail cell.

Glenn commended Grace's father, Andy, for raising such a "great citizen" and asked if it was Grace's idea to protest. Andy said it was Grace's idea, explaining that they took the position of arguing on the grounds of civil rights rather than the efficacy of wearing a mask.

Grace has since withdrawn from public school and started a home school program. She also told Glenn that she will continue to fight the school district, legally.

You can donate to Grace's legal fund here.

To hear more from this conversation click here.

Disclaimer: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-19 and/or COVID vaccine related questions & concerns.

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.