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The Online Home of Author and Investor, Dick Young

What Could Have Been and What You Can Do Now

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Gary Becker, Nobel Prize winner and founder, along with Milton Friedman, of the Chicago school of economics, notes in a recent WSJ interview that ObamaCare does not address the weaknesses in our health-care system. Instead it taxes, regulates and mandates. A good bill would have included:

1. Expansion of Health Saving Accounts.

2. Permission to purchase insurance across state lines, which would have increased competition among insurers

3. Extend tax deductibility of health care spending to individuals, not just employers.

4. Encourage consumers through incentives to pay a larger portion of their health-care costs out of their own pockets.

Repealing ObamaCare will be very difficult, Mr. Becker warns, and Americans, especially our younger generation, will have to fight for their freedom.

Which brings me to the fighting part. Obama, George Soros, and Andy Stern, to name a few, are following Saul Alinsky’s Rules for Radicals to a T. The Left is dedicated to changing the fundamentals of our country and its core values. And ObamaCare is just the beginning. Unless we fight back, there will be more mandates, more regulation, and more spending and taxes. The Obama administration is a runaway train that is not going to stop. If you love what is precious to our country–our freedom and independence based on capitalism, a free market, and an entrepreneurial spirit–please read Rich Lowry’s “Help Us Fight Back” in NRO. National Review On Line has terrific writers (Mark Steyn, Jonah Goldberg, Andrew C. McCarthy, Victor Hanson, Thomas Sowell) and links to other conservative views and analysis, but it is in need of financial help. Dick and I have each contributed to the Emergency NRO Webathon. Please do what you can. The heart and soul of our country is at stake.

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Debbie Young

Debbie, editor-in-chief of Richardcyoung.com, has been associate editor of Dick Young’s investment strategy reports for over three decades. When not in Key West, Debbie spends her free time researching and writing in and about Paris and Burgundy, France, cooking on her AGA Cooker, driving her Porsche Boxter S through Vermont and Maine, and practicing yoga.