GOVERNMENT CHARITY: Newsday columnist Ellis Henican says what most Americans believe: it's mostly government's job to help the poor and those in trouble after disasters like Hurricane Katrina. We'll debate.
GIVE DIRECTLY: Michael Faye co-founded the nonprofit organization GiveDirectly, which weirdly, gives $1,000 directly to poor people in Kenya. He says this form of charity works. I'm skeptical. But it's better than government aid.
BUSINESS OR CHARITY?: Billionaire Ted Turner once told me that his fellow billionaire Warren Buffet was "cheap" because he didn't give much to charity. But Ben Powell, director of the Free Market Institute at Texas Tech, says entrepreneurs help people more through innovation and job creation, than through charity. I think he's right.
END FOREIGN AID?: Gregory Adams, director of Oxfam's aid effectiveness program, says governments should spend more on foreign aid. But Magatte Wade, an African entrepreneur, says foreign aid does more harm than good.
MY TAKE: I didn't always give to charity, but when I started getting paid to make speeches, I decided to donate that money. It changed my life. I realize I like giving money away. It makes me happy. But which charities should I give to? Charity rating websites are helpful but not definitive. They get lied to, don't include all charities, and the definition of "program" is fuzzy. I give to charities I can see, like Student Sponsor Partners, Central Park Conservancy, and The Doe Fund. I can watch them and judge how they're spending my money. Maybe that's the best gauge; give locally.
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