Robert Allen Bonelli

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Bernanke 'Twist' Strategy to Inflate Economy Prior to Election

Bernanke 'Twist' Strategy to Inflate Economy Prior to Election

The G20, comprised of the leaders of the twenty most powerful economies in the world, met in Los Cabos, Mexico last week for a scheduled meeting to discuss global financial issues.  This meeting was particularly important due to the debt

JP Morgan Shocks Markets: Whither Dodd-Frank?

JP Morgan Shocks Markets: Whither Dodd-Frank?

JP Morgan’s disclosure of $2 billion in trading losses in its Chief Investment Office portfolio, which has now prompted an SEC investigation, is more proof that political rhetoric is rarely based on an actual understanding of the conditions the rhetoric addresses. 

Obama Energy Policies Have Cost Economy $358 Billion

Obama Energy Policies Have Cost Economy $358 Billion

Facts are sometimes nasty, persistent things that get in the way of the best political spin.  President Obama likesto say that oil production is up and that the rise in gasoline prices is not his fault, but the facts challenge

We Are All Missing the Point in the Current Political Debate

Our nation will spend more than $40 trillion over the next ten years with at least $15 trillion in deficit spending, while Congress is arguing about how to reduce that deficit by all of 8% – really? With this nonsense

Obama Nation: The Power of Panic

President Obama and the Democratic Party effectively turned every controversial issue they faced over the past three years into a potential crisis, and convinced the American people to support their solutions without question to avert presumed dire consequences. Important works

A Lack of Leadership: The Root of the S&P Downgrade

Candidate Obama said he would “transform the Untied States of America” and unfortunately this is the one promise he kept. Two and one half years into his presidency, the National Debt has climbed to 100% of our Gross Domestic Product

Do We Have the Right to Life Without the Right to Self-Defense?

Just one week ago on Sunday, June 19th, we were reminded once again that our God given right to life, as declared in the Declaration of Independence, is meaningless without the right to self-defense. That day, Father’s Day, a terrible

Individual Mandate: Be Careful What You Wish For

Even if you agree that Congress should have the right to order a citizen to purchase health care insurance on the basis of the commerce clause of the U.S. Constitution, you need to consider how this will expand the powers

Standard & Poors Rings The Reality Bell

Standard & Poors (S&P), the credit rating agency that started in business more than 150 years ago and operates in 23 countries, issued the ultimate in realty checks this week when they downgraded its credit outlook for the United States.

Obama 'Framework': An Ideological Line In The Sand

Loaded with misleading statements, demagoguery, political rhetoric and outright lies, Mr. Obama’s speech announcing his debt reduction plan was no more than the formal start to his re-election campaign with the establishment of a clear ideological line in the sand.

The Path to a Republican White House Is Through the State House

Regardless of failed economic policies, a destructive health care law that most Americans want repealed and the lack of leadership in foreign affairs, Barack Obama will have $1 billion, the support of the majority of the media and a potentially

Financial Reality Part IV: Reforming Medicare and Medicaid

Wake up America. We are heading head long into a brick wall and we are ignoring it. While our elected officials debate spending cuts in the range of $50 billion to $100 billion, our nation is facing trillion dollar deficits

Financial Reality Part III: Reforming Social Security

Our continued annual deficits of over $1.5 trillion will eventually destroy our economy and consume our liberty. We must deal with this crisis now. The Left says that the rich need to pay more, that more taxes will solve the

Financial Reality Part II: Shrinking the Size of Government

Henry David Thoreau in his essay Civil Disobedience wrote, “That Government is best which governs least.” Those particular words, written in 1849, summarize the simple truth that the power of the individual and self-reliance in our free society are what

Financial Reality Part I: What Should the Reach of Government Be?

Since June 21, 1788 when New Hampshire became the required ninth state to ratify the US Constitution, the seventeen enumerated powers specifically granted to the federal government in the Constitution have slowly expanded to allow central government involvement in virtually

Our National Debt: A Clear and Present Danger

The time is now and the moment is at hand. We must deal with the run-away spending of our federal government before our compounding debt drives us all into forced servitude for generations to come. There is little doubt that

Lest We Forget the Past Two Years

Samuel Adams, writing in a letter to James Warren in February of 1779, said, “If virtue and knowledge are diffused among the people, they will never be enslaved.” Our nation needs to heed these words and continue to remain informed

Using Regulation Against The Will Of The People

Written into the Declaration of Independence is a simple imperative, “Governments are instituted among men, deriving their just powers from the consent of the governed.” Our nation was built on this concept, but the Obama administration is using its power

It Is All About Liberty

On March 23rd, 1775 in Virginia, the largest colony in America at that time, a meeting of the colony’s delegates was held in St. John’s Church in Richmond to vote on resolutions of defense for the colony as the war

We Need Certainty Not Class Warfare

Thomas Paine in his Dissertation on First Principles of Government, published on December 23, 1791, wrote, “He that would make his own liberty secure, must guard even his enemy from oppression; for if he violates this duty, he establishes a

When Compromise Is Not Called For

On September 23, 1779 in the midst of one of the bloodiest engagements in naval history, John Paul Jones was struggling against the forty-four gun Royal Navy frigate Serapis and although his own vessel was burning and sinking, Jones would

The Stakes in the Midterm Elections: Are We Citizens or Subject?

James Madison, referring to a bill to subsidize cod fishermen introduced to the First Congress said, If Congress can employ money indefinitely to the general welfare, and are the sole and supreme judges of the general welfare, they may take

America's Third Party – The People

Thomas Jefferson said, “When the people fear their government, there is tyranny; when the government fears the people, there is liberty.” The power of this statement is boundless, and its meaning is clear in its construction. These eighteen common words