“Buckle your seat belt. Change has come to American government.” – The Lonely Realist With Presidential power subject to increasing legislative and judicial constraints and with a post-midterm Congress certain to be deadlocked, a newly-empowered Supreme Court is increasingly holding the reins of government power. Its...

“The American brand of capitalism has been replaced by an American brand of socialism.” – The Lonely Realist TLR is a huge fan of laissez-faire capitalism, crediting it for America’s geopolitical preeminence, 200 years of wealth-creation and an ever-increasing American standard of living. Because America’s brand...

“We’ve had enough of Quantitative Tightening! It’s time for a pause.” – The Lonely Realist TLR last year ventured that Joe Biden and Jay Powell had engaged in political deal talk when they discussed Jay’s reappointment as Fed Chair. In exchange for that reappointment, one of...

“Donald Trump is a master of The Roy Cohn Defense. Will it continue to work for him?” – The Lonely Realist SPOILER ALERT: That would be a good bet. Roy Cohn was a famous New York lawyer who gained notoriety in the 1950s as lead counsel for...