Wait and see union politics has leadership singing “I Love New York” all the way to the bank. Union leaders are cashing in their chips thanks to Mayor Bill de Blasio. More from The WSJ’s Review and Outlook: Unions refused to negotiate for five years with former mayor Michael Bloomberg, and their refusal has paid off. […]
Archives for May 2014
European Union Survival
Populist movements across Europe are gaining traction. On May 22 Europeans will find out just how much traction has been gained. Here you get a a good read out on the shocking emergence of powerful dissident parties, including France’s Front National (FN) led by Marine Le Pen. Entering the central courtyard of the European parliament in […]
New Senate Control
The Harry Reid Senate is a full-blown American laughing stock. Here the WSJ chronicles for us all the failed Senate overseen by party-politics-centric Harry Reid and the Democrats. The only hope for Americans is to put in charge a better team. The U.S. Senate failed to advance another piece of popular bipartisan legislation late Monday, […]
10% Flat Tax
Pat Buchanan makes an interesting point here in which he suggests dumping the corporate tax with a 10% tax on imports. An easy sell to Americans might instead be a flat 10% tax on corporations, individuals and final sales. All Americans would contribute to the defense (not offense) of our country and the infrastructure we all […]
Bailing-Out Your Cities
You’ve read at richardcyoung.com about the fiscal problems hitting big cities and the dependency placed on an entire state’s taxpayers. Newark, NJ is in need of a bail-out from all of New Jersey thanks to the mess left behind by Mayor Cory Booker. Here Steve Malanga explains in his “Cross Country” column in The WSJ: […]
Penalizing the Rich
James A. Dorn, senior fellow and vice president for monetary studies at Cato Institute, writes that French economist Thomas Piketty’s goal seems to be in penalizing the rich rather than in creating wealth and expanding opportunities for market exchange. In Capital in the Twenty-First Century, Piketty focuses on outcomes rather than on institutions, incentives, and […]
Here Comes Inflation
The Obama administration’s folly of income redistribution before growth combines with the Fed’s misguided money printing campaign to insure a new wave of price inflation. Here Allan H. Meltzer projects what is ahead for Americans. The Fed’s unprecedented quantitative easing since 2008 failed to lead to a robust recovery. The unemployment rate has gradually declined, […]
Rand Paul Traction
There can be little doubt that Rand Paul has spread his influence into more traditional pockets of the mainline Republican party. Politico reports: Paul, who was elected to the Senate on the tea party wave of 2010, has spent much of his time since schmoozing with the GOP establishment. Last weekend, he invited media mogul […]
VIDEO: David Lee Roth tells the story behind the “no brown M&Ms” legend
The Wall Street Journal tells the story of David Lee Roth, Van Halen, and the most famous contract rider in Rock history. By the early 1980s, Van Halen had become one of the biggest rock bands in history. Their touring contract carried a 53-page rider that laid out technical and security specs as well as […]
Exiting the Shadows
Ilya Shapiro, a senior fellow of constitutional studies at Cato Institute, recounts his long, personal journey in becoming a U.S citizen. Mr. Shapiro immigrated with his family to Canada from Russia when he was four years old. For Dick and me, Ilya is among our favored speakers at any Cato event we attend. Ilya explains […]
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