Richardcyoung.com

The Online Home of Author and Investor, Dick Young

Giving Up the Identity of Navy Seals for Politics

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The taking down of Bin Laden wrongfully exposed these national heroes. Vice President Joe Biden and ex-U.S. Defense Secretary Leon Panetta were sued by the parents of Navy SEALs, who accused the officials of exposing their sons to retaliation by publicizing their unit’s role in the raid that resulted in the death of Osama Bin […]

Back to Sweden

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More proof that money goes where it’s well treated. That’s why IKEA founder Ingvar Kamprad left Sweden in 1973. And now that the family wealth is protected by lawyers, guns and money it’s time to come back home at age 87. The Wall Street Journal reports: IKEA founder Ingvar Kamprad intends to move before the […]

Rough Quarter for Asia

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The Bank of Japan is pushing on a string and the fast money has headed for the exits in Asia. The Wall Street Journal has the quarterly numbers here. Asian stocks suffered heavy losses in the last weeks of the second quarter as doubts about central bank action from the U.S. to China unnerved emerging-market […]

Rhode Island Gun Legislation that Makes Sense

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“We believe criminals should and must be punished. We are not the unreasonable people some folks want you to think we are. We want law enforcement to get criminals off the streets,” said [Rep. Mike] Chippendale, a former volunteer lobbyist for the NRA. “This demonstrates the hard work and willingness to listen to both sides.” […]

How to Freeze the Economy

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Obama is back to his old climate-change game. It’s a non-starter according to Stephen Moore of The Wall Street Journal: President Obama’s climate speech on Tuesday was supposed to be the first stage of a political recovery after weeks of nonstop White House scandal. But Republicans immediately seized on the regulatory blitz as a political […]

Dodd-Frank’s Unfair Housing Rules

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Anyone who has tried to refinance their home or buy a house knows all about the hoops you need to jump through today for banks. It’s only going to get worse. Frank Keating, former governor of Oklahoma and HUD general counsel, is president and CEO of the American Bankers Association. He writes the following in […]

Doctor Reacts to John Kerry’s Rural Nantucket Rule

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In his letter to the editor in today’s Wall Street Journal, Dr. Mitchel L. Galishoff, M.D. writes: Regarding Kimberley A. Strassel’s “John Kerry’s ObamaCare Boondoggle” (Potomac Watch, June 21): Our small, poor, rural town is struggling to keep our hospital from going under. The disproportionate share subsidies will expire soon. We had to raise a […]

Supreme Court Gives back Sovereignty to States

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The Supreme Court correctly ruled to give back Constitutional sovereignty, when it comes to voting rights, to the states. Some states and areas of other states identified as having a history of discrimination, will no longer be required to submit changes in election practices to the Justice Department for approval. They are: Alaska, Arizona, Texas, […]

The Oi(nk)s in Illinois

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From Adam Andrzejewski the founder of Open The Books: 47 Village Managers out-earn every governor of the 50 States: See the Top 10 Village Manager Salaries in Illinois. The highest paid is a village manager of small Grayslake at $251,152. Review last year’s report, click here.