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tv   Bulls and Bears  FOX News  July 5, 2010 4:00am-4:30am EDT

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that his intelligence or talent arualed by his character and courage. i'm jon scott for fox news channel. captioned by closed captioning anything is is possible. >> this is the best place on earth. >> it's certainly true that many people want to come here. why? what is great about america? >> fox t-shirts? our ability to make money? great stuff here. fox coffee mugs? america is a society built on entrepreneurship. >> i found in england there is 10 reasons you could do something, there was 20 reasons why you couldn't do it. >> many people hate our military. but others say it's one of the things that makes us great. >> every other country in the
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history of the world when it's history we rebuilt japan. >> when it comes to charity, americans give more than anyone, so why does he say? >> it is the crumbs off our table that we offer these countries. >> to be a black man -- >> -- race is a big problem, right? >> that is controlled by rich white people. >> or could the way america has handled race actually be something to be proud of? >> show me a racism today that is strong enough to prevent you and me from achieving the american dream. show it to me. >> no more hate speech on our campus. >> in canada, ann coulter was told she could not speak but in america we speak truth to power. >> you work for us. >> isn't that great about america? >> now, reporting from fox headquarters in new york, john stossel. >> john: one of the things
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that's great about america is that america is so prosperous. yet, some people have suffered during this recession. but, compared to every country in the history of the world, america is rich. so, why is america rich? one reason is that america's a good place to do business. >> a copy of -- give me a break. i'm told it's a wonderful book. >> i opened a business recently. i named it the stossel store and tried to sell my book and some fox stuff in downtown wilmington, delaware. >> do you want to buy a fox t-shirt? >> not right now. >> hey, i didn't say it was a smart business. but this ability to at least try to succeed is one reason that america is rich. >> you can sit on it and you don't have to leave -- >> this woman wants to sell an umbrella that has an extra part that keeps your seat dry. >> for me, i would love the product. >> a.j. markets products, mostly
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on tv. >> ultimate way to smooth beautiful feet. >> this one ped egg. he invites 30 to 50 inventors to pitch their idea. >> cleaning shouldn't be that much work. >> he gives each person five minutes to close a sale. >> the all in one toilet brush is the only brush you will ever need. >> his company is a success. it has close to a billion dollars in sales. >> put it on your head like so. >> he rejects most of the ideas. >> what's going to make this cut throughout clutter? >> the entrepreneurial spirit keeps the inventors tries. >> it comes in four different sizes. >> america is a society built on entrepreneurship. >> the man who wrote a book titled "what's so great about america says entrepreneurship. >> then turn right on oak street. >> is one of the things that makes america great. >> you've got mail. >> more than any place else america is a place where people invent things. the reasonable for that is that
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in america being in business is respectful. >> most other societies the businessman has been looked down upon. he has been seen as a sleazy guy. >> old europe gave merchants that nativitiy name. and merchants i can't were lower in status than artisans and soldiers. >> americans come along and invert this hierarchy and suddenly the entrepreneur is taken from the bottom of the heap and brought to the front. the right that is emphasized in the original constitution is not free speech or right to practice your religion. it's the right to have patents and copy rights. that helps explain why so many inventions come out of america. >> things like the transsister which radio. integrated circuit which made possible all those electronic devices. >> both came from american inventions that won nobel prizes. >> anthony sullivan here for the
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new swivel sweeper. >> pitch man anthony sullivan sells less important stuff. here he is helping this inventor make his own tv commercial for a portable seat back so fans in the bleachers can get back support. >> it fits most any bleacher to give you the true support and comfort. >> just click. installs in seconds. >> i know, gotcha. >> goes in one second. >> do it in one second then. >> sullivan sold hundreds of millions of dollars worth of products. >> anthony sullivan here -- >> doing pitches like this. >> jupiter jack transmits quality sounds through the music in your car. instead of hearing music you hear the other glern as you can hear is he from britain. his business didn't thrive in britain. >> i found in he can gland if there was ten reasons you could do something there is 10 reasons why you couldn't do something, 20 reasons. you can't do that. there is a big difference doing business in europe, period and doing business over here. >> i don't find the same culture
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in other countries. they are not rooting for the underdog in other countries. americans are also more willing to invest in new ideas. the vast majority of venture capitalists are american. >> i have found in the states that people will give you a shot. >> all right. i'm in business. and in america, it's easier to start a business. >> fox stuff for sale. >> it took me less than a week to get legal permission for the stossel store. >> start a business. call me off the street come over and take my money. >> it would have taken much longer in europe. in iraq it takes an average 77 days. you have to get permit after permit. those are the rules in much of the world. >> because -- your business need to file 7/20 quarterly excise tax return? >> to be mayor american bureaucrats make it harder all the time. >> how do i know? >> i had to register with the delaware secretary of state, division of corporations.
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>> get a federal employee commercial number. register with the delaware state department of finance. >> in delaware, this can be done in just a few days and it was good i had done it legally. this wilmington cop came over to make sure i had my vending permit. >> it cost me $10. >> yeah, the city of wilmington will get. >> you all right. but i'm legal, right? >> yeah, you are legal. >> i picked delaware because we were told delaware and nevada have more business-friendly laws. >> it might be a dumb business but let's try it. >> bureaucrats are threatening this good part of america. i didn't even try to open a business in my hometown, new york city, because new york's bureaucracy is so ferocious i would have to spend weeks applying to the buildings department, zoning board, and more. the fastest growing parts of the world like hong kong make entrepreneurship easy. in hong kong, several years ago, i got a business permit in just one day. >> thank you, sir. >> it's a reason hong kong got rich. they encourage entrepreneurs to try. >> 11 bucks.
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>> there you go. >> a bargain: at least america is a close second. europe and much of asia have many more rules. >> i have started businesses in the uk and india. it takes at least a month or more just to open your doors. >> john: maybe even longer in france. america's relative freedom is a reason the american wine business is booming. >> if i want to grow -- can i grow. >> free to experiment. in france which built the wine business, government now decides which grapes can be grown, how you may prune them. when you may irrigate. when you can pick grapes. in the last five years french wine sales are down 17% while california's are up. >> not having the rules and regulations that they have in much of europe and particularly in france, we're able to experiment. >> you pay this for the books, i will throw in a t-shirt. >> at the stossel store, i was free to wheel and deal without government intervention. >> come on. >> you are a tough bargainer but
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there you go. >> thank you, sir. >> john: if my store is a bad idea and loads money in america it doesn't make me failure. in other places it would. >> if the farm fails that's evidence he is a complete failure. it's his firm, his idea, he tried it, he failed. is he failure. >> john: so people who fail don't try again. >> you know what? i tried my hand at business, it didn't work. now let me take a salaried job where i will have some security. >> john: that's not true in america. >> that's not true in america in this sense. in america start a company, it will fail, pretty soon he is starting a newspaper or he is now trying to export fish to japan. >> by reasonable experiments with the telephone. >> thomas edison had more than a thousand patents. we know about his successes like the light bulb. few people know that he failed much more often. he was fired by the telegraph office and he lost money on a cement company, in an iron
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business. henry ford's first company failed completely. dr. seuss is a's first book was rejected by 27 publicists. [cheers] >> oprah was fired from her first job as a reporter. a tv station called her unfit for tv. >> first wines just sucked. they were not very good at all but you learn. >> fox hats? great stuff here. fox coffee mugs? >> john: i took in a few hundred dollars. probably helped that i'm on tv. >> hello, sir. >> my wife loves to you death. >> i'm so glad. so do you want to buy something here? >> john: still, my business was a failure. my profit was too small to justify my investment. but i'm an american. i can try again. and that's one of the great things about america. >> there is something in the american temperament that says, you know, gosh, i lost seven times but that's okay. i think that's the resiliency of the american spirit. >> john: we'll be right back with more about what's great
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about america.
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>> and now, what's great about america with john stossel. >> john: one more thing that's great about america is our military. now, when i say that, some people say what are you talking about, stossel? that's one of the worst parts of america. our military is too big. too expensive. they are bullies, imperialists. >> shut it down. >> john: these students want a recruiting office shut down. these claim that america went to iraq for oil. >> the violence of the u.s. imperial army. >> many people share cindy sheehan's beliefs. but what's the truth? reasonable people can argue that our intervening in somalia did somalia and us no good. but we made a terrible mistake fighting so long in vietnam.
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and that we shouldn't have invaded iraq. that's what these students are so upset about. >> the people united will never be defeated. >> very often students will accost me and say america has invaded all these countries. america invaded grey made da in 1983. american troops in bosnia and america invaded iraq. i say if america has invaded all these countries, how come we don't own them? >> good point. when the romans invaded europe, they kept it 400 years. they enslaved people. the spanish plundered what they called the new world and they made the native people their slaves. the british ruled india for 90 years. >> the british came to conquer and to rule. >> the french colon niced algeria. in fact, european countries took over most of africa for a hundred years. russia conquered more than a dozen country. and china still controls defendant's exhibit. by contrast, tibet.
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american military fought to achieve piece and then we went home. >> this ceremony officially marks mission complete. >> american troops go in. american troops pull out. we turn over the keys. they have their own election. they pick their own leaders. >> after we defeated germany and japan in world war ii, we pulled out most of our troops. and then spent billions sending them aid. >> every other country in the history of the word when it has defeated adversary they demand. pay us back. what did the united states do at the end the world war ii? the marshal plan. we sent money, no strings attached. >> the marshal plan signed by president truman under which billions of dollars of american aid were thrown to the support of the free nations of europe. >> we said thanks, we don't want anything for it we don't want reparations. >> since that world war america has acted like the world's policemen going into places like
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grenada, kosovo, bosnia but we always left. >> from the moment operation desert storm commenced. >> the first iraq war only lasted until the american military got the iraqis to lead kuwait. president bush refused calls to let our troops march into baghdad. >> the war is over. >> later, even when we were attacked, and after we bombed afghanistan in retaliation, the military dropped food, tents, blankets. and president obama has promised to pull our troops out of afghanistan and iraq. >> this war is ending and all of our troops are coming home. >> hail to the -- jail to the chief. >> george w. bush was accused ordering allied troops in baghdad. >> people say we went into iraq to get oil. >> it hasn't worked out real well, has it? we are about to leave iraq and
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we don't own those oil wells. >> in fact, fewer than 10% of the contracts iraq has signed have gone to american companies. instead of commandeering oil wells they built orphanages and water fewerification plants. >> i'm a naval officer my primary job is fixing ships. >> now is he supervising school construction in iraq. >> we could have gone in and disseminateed saddam hussein and taken off. that's probably what everybody else would have done. there was this idea that america has the responsibility to rebuild iraq the way we rebuilt germany, rebuilt japan after world war ii. i mean, that's not one of the obligations that comes with war to take over the country and start rebuilding and giving it money. putting its buildings back up that you knock down. typically empires have come to loots, to pillage, to rule, as the romans employed thieves they would essentially starve the population and leave no stone
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unturned. kill the men, enslave the women and children. how common is it for one military power to be feeding the civilians on the other side? >> john: look what the military does when there is a disaster? >> what happened when with we had the tsunami in indonesia? who went? the american military. >> k.t.'s daughter serves on a navy destroyer. she emailed her mom about the kindness of the military. >> our ships have doctors and corps men that will heal people. our machine also make safe drinking water out of salt water or dirty water. our chaplains can pray in your language and to your god. now, that's not a military that's going out to conquer lands and bring home treasures. >> more than any other country in protecting ourself interest we are also trying to make the world a better place. >> john: and that's something else good about america.
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>> john: another thing that's great about america is that americans are unusually charitable. so you wouldn't know that listening to some people complain. >> it is the crumbs off our table that we offer these countries. >> that's the singer bono at the white house complaining that americans don't give enough in foreign aid. >> how is their health? >> angelina jolie say we give so little it's disgusting. but is it true? no the opposite is true. when that tsunami hit, even though it was all the way on the other side of the world, americans donated much more than people from all the rest of the world. >> i ask every american to contribute as they are able to do so. >> it is true that the american government gives less foreign aid than other countries. at least as a percentage of our g.d.p. but american individuals give more. it was the same story after the
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haitian earthquake. >> nearly a week after the quake struck, the donations are soaring. >> everything that happens, we're the first people there. >> john: and when children are in need, americans are most likely to take them in. tim and jennifer pierson made countless trips to haiti with their two daughters trying to adopt two boys who had no parents. government bureaucrats made it hard. >> every day i would show up to the embassy with all of our paperwork and they would ask for something else and i would bring something else. > it's been probably the wildest week of my life. >> i can't tell what the future holds really. i just know that it's going to be wonderful. >> john: americans adopt more needy kids and orphans over seas than are adopted by all the rest of the world's countries combined. >> tim is happy to have sons who call him poppy. >> poppy! [ laughter ] >> it was just so good to feel
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them in our arms here and know we never have to say goodbye again. >> john: such charity is rarely seen in other countries. >> when i was growing up in india i learned a proverb that said the tears of stranger are only water. the idea is that you owe those who are near you. if somebody, however, is a stranger and comes to you with a problem, you wish them well but it's not your problem. so this idea of compassion and stretching to earthquake victims in haiti or famine victims in rwanda, that's a very wide compass of compassion. in america, it's the natural response. >> john: americans give twice as much of their income to charities as canadians, and ten times more than french people. >> people are always giving to causes. >> and americans volunteer time. billions of hours worth. >> i want to thank you so much for your service to this country. >> this charity helps world war ii vets come to washington to see their memorial at no cost.
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>> they are all in their 80's or 90's. and by the time it was built, so many of them they didn't have the resources to make the trip. so we make it possible for them. >> we just came out to surprise our dad on this very, very special day. >> all of a sudden somebody says dad, dad. i turned around and i thought i recognized that voice. here my two daughters and son-in-law and grandchildren are all standing there. they ran up crying, gave me a hug. i had tears, too. this was one of my finest days i will never ever forget. >> and charity can be as simple as a clean shirt. >> i have seen plenty of people just knock on my window and hold, you know, put their hands to their chest saying how nice it is. >> the vasquez dry cleaning suit will clean your suit for free if you are unemployed. >> i have had customers come in the store crying. >> how do they know the customer is really out of work. >> there have been a phony or two, you know. but when somebody comes in with a child and want to use it, you
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know, you hate to ask for proof. >> in recent weeks he cleaned 20 suits for free. this bowling alley in michigan held free boggle day. the unemployed got to bowl for free. then the bowling alley addressed another problem. >> some people are intimidated by going to employment agencies. >> so the alley invited employers and created a job fair at the bowling alley. 38 people got jobs. finally, in my town, these high school kids make home deliveries for a nearby business. not because they are being paid for it they aren't. but because their neighbor, ray, an immigrant from turkey was in trouble. >> i'm behind the rent for two months. >> when word of that got out, people took action. >> one day walked in and said did you pay your rent? i said no, i'm a little short. he reached in his pocket and
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handed me $200 and said go pay your rent. >> i'm ray's candy store, how can i help you? >> neighborhood kids volunteered to work for him. that's what this girl is doing. >> i gave up my saturday night because it's more important than going out with my friends. >> kids are great. they don't want money. they want to help me. >> do you know how to make ice cream? chocolate ice cream. >> they deliver day and night by skateboard and by bicycle. >> they hand me their money and they go home. neighbors also threw a fundraiser for ray, sold t-shirts and beer. that night $3,000 went to ray. >> we take care of each other. better than money. >> america the beautiful. thanks to america, i made it.
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