The Lonely Realist
Political & Financial Commentary

The Lonely Realist is a bridge across the partisan gap, raising questions and making pointed observations about politics, economics, international relations and the markets. Its goal is to raise awareness and inspire thought on controversial issues that impact America and Americans, highlighting issues that should be, but rarely are, the focus of bipartisan discussion.


In seeking to promote dialogue, The Lonely Realist is not an advocate of conclusions or remedies. To the extent perceived biases leak into these pages, as they sometimes do, please ignore them. They are inadvertent missteps. 

  • “America’s income tax system is broken …, and America’s government could care less.” – The Lonely Realist On January 8th, Congressman Earl (Buddy) Carter (R-GA) introduced the Fair Tax Act of 2023 (FTA), which would repeal the Internal Revenue Code (IRC) and abolish the IRS,...

  • “What will the contest between State governments reveal?” – The Lonely Realist The four largest American States by population are California, Texas, Florida and New York. Together, they host more than a third of Americans and produce more than a third of America’s GDP. As...

  • “When did it become acceptable to shout down “disruptive” speakers and ban books that discuss racism and other ‘controversial’ subjects?” – The Lonely Realist TLR grew up in an era when free speech was the American Way. Saying what you believed wasn’t muzzled because it...

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More by TLR

The Southern Border Invasion

“Will the Biden Administration’s border policy replace Americans with immigrants?” – The Lonely Realist A majority of Americans view the influx of immigrants at America’s southern border as an invasion. That influx of migrants, some in caravans from Guatemala, Honduras, El Salvador, Cuba, Venezuela, Nicaragua,

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American Exceptionalism*

American Exceptionalism What is American Exceptionalism? What is it that makes a country, any country, exceptional? The Merriam-Webster dictionary defines “exceptional” as “rare,” “superior.” The United States is indeed a rare and superior country, rare in its economic and political success, and superior in the

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What You Need to Know About the Looming Recession

The recession may be deepening. Inflation has been and continues to be underreported, due to the underestimation of the Owners’ Equivalent Rent (OER) component of CPI. OER, which is 24% of CPI, has been increasing lately. Combined with wage pressures and other economic challenges, this

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William (Bill) Natbony is The Lonely Realist, its author and originator. The opinions expressed in TLR are solely Bill’s opinions, have not been edited or reviewed, and do not reflect the views or opinions or any other person.