Richardcyoung.com

The Online Home of Author and Investor, Dick Young

Rick Perry Pro-Life

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Gov. Rick Perry has led the charge in Texas to make it illegal to have an abortion after 20 weeks, thereby joining 10 other states that do the same. This is a state issue and the governor has listened to what Texans want. Gov. Rick Perry today issued the following statement applauding the Senate’s passage […]

The Connecticut Train Wreck that is Obamacare

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Connecticut was an early adopter of the Obamacare health-exchange giving it plenty of time to get ready for Obamacare. But according to Kevin Counihan, the CEO of the state program, it’s going to be a rocky first year. Most recently, at the end of June, Mr. Counihan explained that the state’s Web portal—the main medium […]

#1 Town with the Highest Concentration of Millionaires

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Los Alamos, New Mexico has the highest concentration of millionaire households at 11.7%. Its largest employer is the National Laboratory. Click here to see the rest of the list from Kiplinger: This tiny New Mexico town has the smallest population, as well as the highest concentration of millionaires, on this list. Chalk up the density […]

Reid Threatens to Go Nuclear

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Senate Majority Leader Harry Reid is taking the first step down a slippery slope. He wants to change rules in the Senate for confirmations of presidential appointments. If the Senate drops the filibuster, how long before Justices Ginsburg and Breyer decide to leave their posts to be replaced by whichever radical progressive jurists President Obama […]

Obamacare is Socialism

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Obamacare is socialism defined, no doubt about it. Senate Republicans are on a march to de-fang the beast. NPR‘s Julie Rovner explains the situation. “Rather than a partial delay for some, America needs a permanent delay for all,” said Sen. John Thune, R-S.D., at a news conference Wednesday on Capitol Hill. Thune got 45 other […]

Time to Move Public Sector Workers into a 401k

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Any real pension reform in Illinois, and in any state for that matter, should start with 401ks. Workers in the private sector have been in a 401k for decades. It’s time the public sector put new hires into 401ks from day one, and got rid of pensions, end of story. Collin Levy writes in The […]

Illinois: A Right to Concealed Carry State

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Illinois has joined the rest of the country’s 50 states by removing its ban on the concealed carry of firearms. Democratic Gov. Pat Quinn vetoed the bill but was overridden by a three-fifths vote from the state legislature. The Wall Street Journal has it here: “It’s a historic day for gun owners, and for the […]

Markets Reflect Weak-Kneed Politicians

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Bond prices are reflecting the lack of discipline by politicians. What a surprise. As Martin Feldstein points out in The Financial Times: The eurozone periphery is on a risky path to end fiscal austerity and accept larger budget deficits. Portugal is the most recent dramatic shift in that direction; Italy, Spain and even France are also abandoning […]

Remington Country U.S.A.

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Take a trip to Ilion, N.Y. and you’ll understand why Remington guns are rugged, durable, and dependable. Charles Cooke of National Review has the story here: It is thus fitting that the longest continuously operating manufacturer in North America is a gun maker. The Remington Arms Co., which has been in business for just shy […]