What does the future hold? Self-driving cars and independent cities floating in the ocean? Or a government collapsing under the weight of its own budget, destroying the promise of the internet with new rules and regulations, and eating our future by spending our seed corn on the foolish visions of central planners?
Rep. Ron Paul (R-TX) will talk about the novel suggestion he gave at last week's CPAC conference: Give citizens the right to opt out of state handouts in exchange for paying a flat 10% tax.
Patri Friedman, grandson of Nobel prize economist Milton Friedman, will talk "seasteading" -- a movement to enable floating cities in the ocean -- to allow pioneers to “peacefully test new ideas for government”.
And while President Obama champions a 19th century technology -- trains -- to “win the race for the 21st century,” technology already exists for self-driving cars, controlled by fast reacting computers, that would let 6000 commuters fill highways that now hold just 2000. Why haven't they arrived on the market yet? Because of big government.
Finally, who will control the internet? The internet has improved the way we live, without government regulations. But now the ambitious head of the FCC wants to create rules that would force internet innovators to ask the government’s permission before innovating.
Government kills the geese that lay the golden eggs.
That's this week on FBN -- Thursday and Saturday at 9pm & midnight ET, and Sunday at 9pm ET.
This Week's Show -- July 10, 2014
CENSORSHIP AT CBS: Investigative reporter Sharyl Attkisson has a similar story. She explains why she left CBS after it became "harder and harder to get stories on television" that criticized this government and "any powers that be."
IS STOSSEL BIASED?: Years ago, journalist Howard Kurtz criticized me for not being objective. I said it's impossible for any journalist to be completely objective. Now that Howard Kurtz is on Fox, we debate again.
THE OBJECTIVITY MYTH: Andrew Kirell of Mediaite.com says, "every journalist has a point of view and they don't just magically check it the minute they walk in the newsroom door."
NEW MEDIA: Reason TV's Remy Munasifi uses music videos and parodies to complain about things like politicians' spending. One of his latest parodies highlights the scandal surrounding the VA hospitals. Munasifi discusses his videos, which have gone viral on YouTube.
RETRO REPORT: It's great there's a new media organization called Retro Report, which reveals media hype of the past ("crack babies," America's landfill "crisis," the "superpredator," etc.) and corrects stories everyone in the media got wrong. I discuss the new show with its executive producer, Kyra Darnton.
REAL OR FAKE?: Sometimes people in the media say things that are so bizarre, you'd think they were made up. Kennedy of The Independents quizzes FoxBusiness.com's Kate Rogers, Fox Business host Charles Payne and me to see if any of us can tell which quotes are real, and which were made up by my staff.
MY TAKE: I used to report on lots of scares. CBS even ran an ad for me where someone called me a "guardian angel."
That's bunk. The only guardian angel is a free and open society. That's what allows innovation, gives people longer lives, and lifts billions out of poverty. But these gradual improvements aren't newsworthy. Scares and disaster make the news.
News is broken not just because we're biased but because most good and important news happens slowly.
9PM ET on Fox Business Network