Richardcyoung.com

The Online Home of Author and Investor, Dick Young

  • Home
  • Debbie Young
  • Jimmy Buffett
  • Key West
  • Your Survival Guy
  • How We Are Different
  • Paris
  • About Us
    • Foundation Principles
    • Contributors
  • Investing
    • You’ve Read The Last Issue of Intelligence Report, Now What?
  • The Great Reset
  • The Swiss Way
  • My Rifles
  • Dividends and Compounding
  • Your Security
  • Dick Young
  • Dick’s R&B Top 100
  • Liberty & Freedom Map
  • Bank Credit & Money
  • Your Survival Guy’s Super States
  • NNT & Cholesterol
  • Your Health
  • Ron Paul
  • US Treasury Yield Curve: My Favorite Investor Tool
  • Anti-Gun Control
  • Anti-Digital Currency
  • Joel Salatin and Alfie Oakes
  • World Gold Mine Production
  • Fidelity and Vanguard Since 1971

Congress: Read The Power Problem by Cato Institute’s Chris Preble

February 13, 2015 By Richard C. Young

Originally posted January 27, 2014.

The American people are being overrun by congressman and senators who are more interested in keeping their seats than in doing what is right for America. Cato Institute’s Chris Preble, in brilliant and concise detail, shows us what is wrong with today’s backward-looking military and how to look forward with a realignment that reflects the reality of today’s world. Mr. Preble succinctly explains why America should not continue playing the part of the world’s policeman. Chris shows that America is in fact less safe, not more safe, as we continue with a failed strategy of nation building. I would add that the Founders called for America “to raise and support Armies” and “to provide and maintain a navy.” In other words, the Constitution did not call for a standing Army. Here Todd Harrison and Mark Gunzinger explain how the Pentagon must be allowed to reduce waste in its budget without the influence of Congressional pork barrel spenders.

One important task remains. Congress needs to give the Pentagon greater flexibility to make smart reductions informed by strategy. This requires more than passing an annual appropriations bill and avoiding sequestration. It means Congress must set aside parochial political interests and allow the Pentagon to make tough decisions that are likely to be unpopular with some constituencies.

For example, the Defense Department has repeatedly asked Congress for another Base Realignment and Closure Commission so it can shed excess bases and facilities, which the military estimates is about 20% of its existing infrastructure. Yet current law prohibits the Pentagon from closing these unneeded bases and facilities, forcing it to waste billions of dollars every year. While no private company would tolerate such waste, key members of Congress have blocked efforts to close bases because this wasteful spending supports jobs in their districts.

If you’re willing to fight for Main Street America, click here to sign up for my free weekly email.

Related Posts

  • Cato Institute’s Chris Preble Will Blow Your Mind
  • Cato Institute’s Chris Preble Puts the Stake in the Hearts of the Military Big Spenders
  • Cato's Chris Preble and Doug Bandow Clarify Syrian Withdrawal
  • Author
  • Recent Posts
Richard C. Young
Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
Richard C. Young
Latest posts by Richard C. Young (see all)
  • Hong Kong Loses Top Spot in Economic Freedom Index - September 21, 2023
  • Can This Mushroom Boost Your Memory? - September 21, 2023
  • Where Are the Fiscal Conservatives? - September 21, 2023

Dick Young’s Must Reads

  • The Masters of the Universe Align Themselves with CHINA Using YOUR Money?
  • Your Survival Guy’s 2022 Super States: #1 New Hampshire
  • What a Way to Make a Living: New Hampshire #1
  • YOU DESERVE FREEDOM: Your Hard Work Will Make It Happen
  • Gstaad and the Swiss Way
  • DONBAS: Russian Tanks Face Gauntlet of Death from Javelin Wielding Ukrainians
  • A NEW CONTRACT WITH AMERICA: Rick Scott Finally Gives the GOP Something to Run On
  • Protection While Traveling in France
  • Hillsdale College: What College Is Meant to Be
  • Your Life on Main Street will Never be the Same

Compensation was paid to utilize rankings. Click here to read full disclosure.

RSS Youngresearch.com

  • Will the Fed Hold Up Its End of the Bargain?
  • Should America Move Closer to the Saudis, or Push them Away?
  • Don’t Ask Me When to Haul Your Boat
  • Robot Warehouses Need Better Internet
  • California Mandates Drive Diesel Truck Buying Spree
  • Americans Are Not Happy with Bidenomics
  • Paris’s Big Plans for the Champs-Elysées
  • A Plan for Cutting Federal Government Spending
  • Investing Mistakes to Avoid: #1 Y-O-U
  • Mr. Protect and Preserve: For Where We’re Going

RSS Yoursurvivalguy.com

  • Will the Fed Hold Up Its End of the Bargain?
  • Are Most NFTs Now Worthless?
  • 2ND AMENDMENT ALERT: Biden to Create New Anti-Gun Office
  • Don’t Ask Me When to Haul Your Boat
  • You May Be Surprised by America’s “Least Woke City”
  • GREENWASHING: What’s in a Name?
  • Americans Are Not Happy with Bidenomics
  • “Oh, That Wasn’t So Bad”
  • Prepared for When the Next Black Swan Swoops In?
  • Investing Mistakes to Avoid: #1 Y-O-U

US Treasury Yield Curve: My Favorite Investor Tool

Five Year Treasury Yield

Doctor Faust and the Devil Come Looking

Will the Fed Hold Up Its End of the Bargain?

Hong Kong Loses Top Spot in Economic Freedom Index

Can This Mushroom Boost Your Memory?

Copyright © 2023 | Terms & Conditions | About Us | Dick Young | Archives