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New Stossel Special on Sunday Night
June 10, 2011 11:46 A.M.
By Veronique de Rugy
On Sunday, June 12, at 8 p.m., Fox News Channel will air "The Money Hole," a special hosted by John Stossel. It will be an old-style interview piece, quite different from his regular gig:
What should government do? What's its role? What have other countries done? The Money Hole tackles that.
In 2003, an auditor cautioned Prichard, Alabama that the town would run out of money by 2009. Did politicians sell city assets and cut corners? Nope. Six years later, exactly as predicted, Prichard ran out of money and stopped sending checks to retired city workers-many of whom had contributed to their pensions for decades. I'll confront that city's lawyer.
