FLASHBACK! Boy Was He Right! John Stossel on Fox Business: Medicare is a Giant Ponzi Scheme!. 'Generational Theft'

John Stossel is a consumer reporter, investigative journalist, author, libertarian columnist, and former co-anchor for the ABC News show 20/20. Stossel began his journalism career as a researcher for KGW-TV and later became a consumer reporter at WCBS-TV in New York City before joining ABC News as consumer editor and reporter on Good Morning America. Stossel went on to be an ABC News correspondent, joining the weekly news magazine program 20/20. In his decades as a reporter, Stossel has received numerous honors and awards. Stossel has also written two books entitled Give Me a Break and Myths, Lies, and Downright Stupidity.

Stossel practices advocacy journalism where he often challenges "conventional wisdom". His reports, a blend of commentary and reporting, reflect a libertarian political philosophy and his views on economics are largely supportive of the free market. ABC is reported to believe "his reporting goes against the grain of the established media and offers the network something fresh and different...[but] makes him a target of the groups he offends." Stossel has won nineteen Emmy awards.