What you think you know... is often wrong. Sunday I look at seven MYTHS... LIES... AND COMPLETE STUPIDITIES:
• FOOD... MYTH: Government should help people make healthy choices for themselves. TRUTH: The nanny state reduces your freedom while accomplishing little.
• MAIL... MYTH: The post office should deliver the mail. TRUTH: The private sector does it better.
• FRACKING... MYTH: Fracking is dangerous. TRUTH: Fracking is dangerous but can easily be safely managed, and fracking has done more to help the environment than all the "green" energy sources combined (it replaces dirtier gasoline and coal.)
• LAWSUITS... MYTH: Lawsuits protect consumers. TRUTH: Lawsuits make valuable products cost more.
• HEALTHCARE... MYTH: Obamacare is good for business. TRUTH: Government intervention kills innovation. Kills jobs too.
• INFRASTRUCTURE... MYTH: Government must build infrastructure. TRUTH: Business builds it better.
• IMPERIAL WASHINGTON... MYTH: Washington D.C. is about serving the public. TRUTH: DC is about empire building.
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