John Stossel's Special Last Friday Night

From a Bailouts and Bull**** last Friday night:

THIRD PARENT: Why are we going to let the system that’s already failed our children, educationally in this country, K through 12, why are we going to let them start with our 4-year-olds?
STOSSEL: Good question.Tuesday, even the President admitted-
PRESIDENT OBAMA: We let our grades slip, our schools crumble, our teacher quality fall short, and other nations outpace us.
LEVY: Government is providing K through 12 education. And unfortunately, we are in the toilet.
STOSSEL: That’s point two. Government-run education isn’t doing very well.
LEVY: To say that they are the ones to define what quality is laughable. [Clip of Levy with kids on playground] What are you having for lunch?
STOSSEL: Nia Levy’s not only a parent. She runs six preschools. [to Levy] I’m surprised you’re against this. You would make money on this. Free government money.
LEVY: I don’t want to have to answer to the government. Our programs are so far superior, that it isn’t even funny. Now, with the economy, being what it is, you’re telling me that we’re going to devote billions of dollars that we don’t have? It’s a waste of money.
CUOMO: A lot of passion there.
STOSSEL: I agree with her. It’s a waste of money and a government conceit that they can parent better than we can.
CUOMO: So, it comes down to how do you spend that money best, to help the kids, give them the best head start?
STOSSEL: Right.