Fox News’ John Stossel Blasts Federal Flood Insurance Program, Plans To Collect His Money Anyway

[meegbear]

Fox News’ John Stossel railed against the National Flood Insurance Program during an appearance on Fox & Friends on Thursday, blaming the government for encouraging people to build homes in high-risk areas and arguing that private companies should take over the practice.

During the segment, Stossel showed pictures of his own beach front property and explained that while he supported repealing program, he did purchase its coverage and planned to collect its benefits. The contradictory position stumped conservative guest host Peter Johnson Jr,. who couldn’t understand why the longtime libertarian would voluntarily benefit from a governemnt program he opposes:

PETER JOHNSON JR: Wait a second. That are not on the beach that, are not on river fronts that are blocks in that never anticipated that the ocean would come, that the bay would come. They paid their premiums. They’re not rich people like you were. If you’re so rich, why don’t you give the money back? (...)

STOSSEL: Why was the federal government selling it? I blame the politicians. We don’t have special car insurance for Lindsay Lohan. … I paid the premium. I’m going to take the money. Of course you’re going to take the money. (...)

STEVE DOOCY (HOST): You know John, I know you collected three times from the federal government, it was an absolutely great deal…

Watch it:

<snip>

http://thinkprogress.org/economy/2012/11/01/1121831/stossel-flood-insurance-hypocrisy/?mobile=nc

[Arugula Latte]

1. I really, really, really, really despise Porn'stache so very, very, very much.

Did I mention I despise him?

[TwilightGardener]

2. Busted by Steve Doocy. STEVE DOOCY. Ouch.

[The Magistrate]

4. Pretty Much the Textbook Definition Of Lame, that, Ma'am

[Whovian]

3. What a jack ass. (Stossel)

[vinny9698]

5. I live in Ron Paul's district and his supporters all collect evil socialist FEMA money

Yet Paul wants to do away with FEMA.

[Initech]

6. Ah, another proud member of the "I've got mine, fuck everybody else" crowd.

[jonthebru]

7. John Stossel is a disgrace

to all people named John or Stossel or for that matter a disgrace to all men.
He is a self absorbed idiot. And possibly a sociopathic megalomaniac.

[Berlum]

8. Socialism-for-the-rich Republicans like Stossel are at the bottom of the scum bucket

Republican hypocrisy knows no bounds.

That is why Americans don't respect Republicans anymore.

[Jeff In Milwaukee]

9. Peter Johnson?

Was Dick Wood not available?

Edit: Sorry. But in my heart, I'm only twelve years old.

[kestrel91316]

10. Does he not realize that there is no one BUT the government who would

provide flood insurance? If they didn't, it simply wouldn't exist. The insurance companies can't make enough profit off it.

[central scrutinizer]

17. bingo!

insurance is about spreading the risk. Nobody who lives on a hill would buy flood insurance. It would be like a health insurance company that ONLY sold policies to those with pre-existing conditions

[Kingofalldems]

11. That can't be real

No way anyone could be that much of a dick.

[closeupready]

12. Stossel is just the worst.

The absolute worst GOP shill.

[vaberella]

13. This is frightening to listen too. The Delusional trash is crap. n/t

[frylock]

14. what a dick..

put your money where your stupid mustache is, asshole.

[opiate69]

15. Oh, how I wish more people would do this to that jackass...

http://m.

[kenfrequed]

25. Hmm...

I am a hypocrite. I am not usually a fan of violence but is there anyway John Stossel can interview this guy again?

[ProudProgressiveNow]

27. LOL....

[RockaFowler]

16. Can a wrestler hit him in the head again??

He has become the worst of the worst now. Just a complete a$$

[NNN0LHI]

18. kick for later viewing

[joeglow3]

19. Bleh. Buffett blasts low tax rates and still pays them and no more.

Welcome to human nature.

[wtmusic]

28. The idea someone can be passively hypocritical has always had a shaky foundation

not to mention Buffet, in August, donated $4.5 billion - that's nine zeros - to kids charities.

Does Stossel buy Girl Scout cookies? I'd be surprised.

[Beaverhausen]

20. What a colossal ass!

[wtmusic]

21. "Stop rewarding people for taking foolish risks!" Like you, John?

Poor John can't dig his hole deep, or fast enough.

[wtmusic]

22. "I'm ashamed, I'm guilty...". Not ashamed enough to return taxpayer's money, however. nt

[dmr]

23. He did a segment like this when he was with 20/20

He is such an asshole. If he's got a problem with it, then he should move inland and shut the hell up. But no, he continues to live on the coast and continues to collect the money.

[PatSeg]

24. I lived in a residential area of Sacramento, CA

which was no where near the ocean or any other body of water, but I was required to purchase flood insurance. It isn't just for rich people who build vacation homes on the beach. Floods happen a lot of places, to a lot of people and private insurance will NOT insurance them against floods.

This man is an idiot and I can't believe he's admitting what he has done.

[lephty]

26. Are Doozy/Johnson arguing for Federal Health Insurance?

Sounds like it, especially when they started talking about private flood insurance. Just replace Federal Flood Insurance with Health Insurance.