Richardcyoung.com

The Online Home of Author and Investor, Dick Young

Archives for March 2019

Repeat After Me: There Are No Sacred Cows in the Federal Budget

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My friend Chris Edwards, director of tax policy studies at Cato Institute, has politely disagreed with economist Martin Feldstein on the topic of federal budget cuts. Feldstein has called for cuts to entitlement programs, but said “Defense spending and nondefense discretionary outlays can’t be reduced below the unprecedented and dangerously low shares of GDP that the […]

Set Up for Catastrophe? A Third of Chinese Are Invested in One Fund!

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Back in August of 2016 I wrote to my readers about the Crisis at Vanguard, where funds are getting so big they close to new investors. That doesn’t seem to be a concern for China’s massive Ant Financial Services Group. The Group’s Tianhong Yu’e Bao fund manages 1.13 trillion yuan for 588 million investors. That’s more […]

Kamala Harris’ Zombie Death Tax

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In 2017 the death tax was just about killed off. Tax reformers raised the unfair tax’s exemption to $11.4 million, a number allowing all but the wealthiest Americans to avoid it entirely. Now, Sen. Kamala Harris wants to bring the tax back from the dead to fund her dream of raising wages for all public […]

VIDEO: The End of the Road for #NeverTrumpers

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The Editors at American Greatness write of the Never Trump movement: Time and again over the past two years, NeverTrumpers have tripped over themselves advancing the utterly discredited Russia-Trump collusion narrative. “Conservative Resurgence” has a great new video adapting Julie Kelly’s latest on NeverTrump’s shame and disgrace. CR makes “Because Trump is president” sound like a mantra […]

Ron Paul: The Revolution a Manifesto

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Ron Paul’s 2008 call to action, The Revolution: A Manifesto is a necessary read for any libertarian leaning conservative. Ron Paul’s paleo-libertarian views have influenced an entire generation of voters and pundits, including most visibly, Tucker Carlson. Carlson and others have adopted the view expressed here in Ron Paul’s manifesto as the way ahead. Read […]

Is President Trump Preparing America for an EMP Attack?

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President Trump has signed an executive order authorizing a study of the risks an electromagnetic pulse attack (EMP) poses to America. The Hill’s Jacqueline Thomsen reports: President Trump on Tuesday signed an executive order directing federal agencies to identify the threats posed by potential electromagnetic pulses (EMP), which are believed to be potentially dangerous to critical infrastructure […]

CNN Enjoys the Same Cachet as Charles Manson?

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Jill Abramson, former executive editor of the Times, “helpfully” said it best about the Times mostly liberal audience. “… there was an implicit financial reward for the Times in running lots of Trump stories, almost all of them negative: they drove big traffic numbers and, despite the blip of cancellations after the election, inflated subscription orders to levels […]

Rand Paul: Time to Hold the Russia Hoaxers Accountable

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Senator Rand Paul has come out hard against the Obama administration’s spreading of the “Russian conspiracy hoax.” The Washington Examiner’s Paul Bedard reports: The backlash has begun on top Democrats who pushed the claims of Russian collusion with the 2016 Trump campaign. Sen. Rand Paul today called on Justice to investigate the Obama aides who […]

House Democrats Fail to Block Border Security

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Despite their best efforts to keep the southern border open and flowing freely with illegal immigrants, House Democrats failed to override President Trump’s veto of their bill blocking his emergency border wall funding. Susan Ferrechio reports for the Washington Examiner: Only a handful of Republicans crossed the aisle to vote with Democrats on the 248-181 […]