Richardcyoung.com

The Online Home of Author and Investor, Dick Young

Liz Warren’s 158% Tax Rate

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Remember, your key takeaway here is that millionaires will become the new billionaires if Warren has her way. Here’s how her tax rates reach 158%. Richard Rubin reports in the WSJ: Potential tax rates over 100% could result from the combination of tax increases the Massachusetts senator proposes for the very top tier of investors. […]

The Final Nail in the Coffin for Mutual Funds

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The mutual fund industry has been facing headwinds for years. First, the industry became too big. So dominant were the biggest funds, they couldn’t invest without moving the market themselves. The next problem for mutual funds was the advent of the ETF. ETFs hollowed out the high-fee actively managed equity fund industry. I wrote about […]

Is Michael Bloomberg the Dem’s Savior?

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Conrad Black certainly doesn’t think so. Mr. Black warns Michael Bloomberg (abridged) to not imagine the country, despite the Donald Trump sniggering from the Upper East Side and the Hamptons, is waiting for him. Talk about out of touch with most Americans. The best aspect of Michael Bloomberg’s potential presidential run is that if he […]

The Sad Tale of St. Gavin of Sacramento

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In a scathing piece in The American Thinker, Doris O’Brien excoriates California Governor Gavin Newsom for his choice to ignore sound forest management suggestions because they were offered by President Trump, who according to Newsom, is a climate-change nonbeliever. O’Brien criticizes Newsom’s tendency to completely shut down or even attack anyone who disagrees with him. […]

Impeachment – What Is the Underlying Crime?

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In the impeachment banality, or what the WSJ refers to as the “constitutional bazooka,” Democrats are no longer calling it a “quid pro quo.” Which means, the WSJ contends, “quid pro quo” must not have played well in polling. Instead (Democrats) are using “extortion” and “bribery” to suggest a crime without citing any specific statute. […]

The Alleged Crime in the Impeachment Circus

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Anyone who has perused a federal indictment will find without exception that the “particular criminal statute alleged to be violated is always named, with a citation to the numbered provision of the U.S. Code.” The Manhattan Contrarian, by his own admission, has spent “some time” looking through the federal criminal code (Title 18) to find […]

“An Epic Struggle Over the Definition of America”

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Originally posted August 30, 2018. Robert W. Merry explains at The American Conservative that Donald Trump’s political emergence interrupted “the coalition of the ascendant,” which had intended to “overwhelm the declining white majority and usher in a new era of globalism, open borders, identity politics, free trade, cultural individualism, foreign policy interventionism, and gun control.” […]

Trump’s Pro-Business American Revolution

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Originally posted on June 15, 2018. Eight years of a Marxist influenced administration did untold damage to America’s economic engine. Businesses were reluctant to invest and bogged down by never ending regulation. In the final two years of the Obama presidency, the economy looked to be headed into the tank. Industrial production was contracting, business […]

NPR = National Progressive Radio

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Debbie and I have just begun our 2,000-mile road trip, which will take us from the Florida Keys, into greater Miami and the Palm Beaches; through Beaufort and the cotton fields in Georgia; outside of Lynchburg near the Blue Ridge Mountains and the Shenandoah National Park; into Pennsylvania coal country, before heading to Connecticut, Rhode […]