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December 11, 2024
Can the DOGE finally end mismanagement of Social Security?As a member of the Pennsylvania House of Representatives, when we were examining potential solutions to the funding problem of Social Security, I heard repeated comments that Social Security is an entitlement. While in the Legislature, I was...
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August 13, 2024
Tim Walz -- conduct unbecomingShortly after Gov. Tim Walz was picked as Vice President Harris’s running mate, stories about stolen valor surfaced, with the focus being on then-Sergeant Major Walz’s leaving a military unit before a deployment. For me, as a Marine ve...
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December 5, 2020
I'm a Legislator in Pennsylvania, and I'm Suing the Governor for Election FraudActions by the Pennsylvania Supreme Court and secretary of state in the 2020 general election were so fraught with inconsistencies, documented irregularities, and improprieties (see filing below) that the election results for the office of presi...
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November 11, 2020
How Collapsing Checks and Balances Destroyed the Election in PennsylvaniaThe presidential election of 2020 will go down as a pivotal test of whether or not our great Constitutional Republic experiment in liberty will survive. There are a few states that will serve as the front line in this critical battle for survival....
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May 14, 2019
Trump’s Tax ReturnsLiberals did not hear what they wanted to hear in the Mueller report, so now they are waging a different type of battle. The new battle centers on Donald Trump’s tax returns. The tax return conundrum and the demand that the President re...
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September 4, 2018
Guess who's setting up Trump's improving economy for a huge crashUnemployment in the United States is approaching historic lows, and our economy is unarguably a full employment economy. Consumer confidence and personal consumption expenditures have improved since 2009, business inv...
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February 19, 2018
Pennsylvania's constitutional crisisIn a repeat of the state's extraordinary role in the 2016 presidential election, this year, Pennsylvania will be the center of a serious constitutional challenge. At stake may be the entire congressional balance of power between Democrats and ...
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November 27, 2017
The Rapone Case and the Bill of RightsThe case of Second Lt. Spenser Rapone, West Point graduate and U.S. Army officer, has raised a number of issues relative to our military, our Bill of Rights, and our common defense. Lt. Rapone is the West Point graduate who displayed, while in uni...
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September 15, 2017
Trump's Task OrganizationThe media are apoplectic. The latest tweets from President Trump set off continual firestorms by those outraged by his comments. The sheer visceral response to everything this president does would be somewhat amusing if it were not so dam...
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January 14, 2016
The Velocity of MoneyDuring all of the economic turmoil that has occurred since the dotcom bubble bursting in 2000 and the housing bubble bursting in 2008, an obscure measure of economic reality has gone largely unnoticed. This measure, the velocity of money, while ob...
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February 19, 2015
Is The Oil Price Decline a Sign of Impending Deflation?Conventional wisdom indicates slowing global economy and increased production are the root causes behind the precipitous drop in oil prices since mid-2014. In the Economist in December 2014, the explanation was succinct. “The oil price...
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October 11, 2014
How to make our war with ISIS last 30 yearsWithout a clear understanding of the mission and strategy behind the current “bombing campaign” against ISIS, our nation faces a grave risk of a 30 year war, as former Secretary of Defense Panetta warns. While this administration is cl...
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October 10, 2014
The Fall of the DollarA quiet crisis is building that would fundamentally and permanently damage the American economy and demote our standing in the world. We are currently on track for a devastating blow, and stopping it will be difficult. Unparalleled economic growth...
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December 15, 2013
Pope Francis, Thomas Jefferson, and Capitalism"Unless you believe, you will not understand" This quote in paragraph 23 of the papal encyclical Lumen Fidei provides insight into how to challenge the understanding of the discourse relating to Pope Francis's writing and the implications as it rela...
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December 12, 2013
Call to DutyThis December marks the ninth anniversary of my being recalled to active duty out of my military retirement from the Marine Corps reserve. I was one of the thousands that would eventually be called out of retirement to assist our nation in Iraq and A...
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November 16, 2013
The Real Employment ProblemSupposedly the economy is rebounding. Years of stimulus spending by the administration and over $3 trillion in quantitative easing by the Fed are allegedly working. Or are they? The Bureau of Labor Statistics reported in Octob...
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November 9, 2013
When will They Stop Lying about Healthcare?In my oath of office as a United States Marine, I was asked if I had any moral hesitation or moral purpose of evasion to honor my oath. It was a clear question. It was concise. The question was understood. There was no question in my mind of what was...
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September 24, 2013
Why should they care?Employees and associates are becoming less engaged in the workplace and that disenchantment is greatest among the top performers. On the surface of it, it would be very easy to say "this young generation just doesn't understand how lucky they...
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June 11, 2013
The Education Bubble Has BurstThe student loan debate in Congress is bringing to the forefront the student loan crisis plaguing our nation, as well as the financial instability of academic institutions in the United States. Relative to the student loan crisis, the New York Fede...
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April 27, 2013
The 'Enlightened Liberal' and the Argumentum ad PopulumBe it Sandy Hook, Columbine, Virginia Tech, or any horrific tragedy that strikes America, the apparent reaction is to respond with the predetermined agenda of the media and this administration, regardless of the reality of the crisis. The fallacy o...
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April 20, 2013
Fed Fueling Stock Market InflationThe stock market has recently matched the highs reached before the 2008 financial meltdown. Inflation is allegedly tame and within "acceptable" limits. Fact or fiction?The Federal Reserve has engaged in monetary easing for almost 5 years n...
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February 23, 2013
A Debtor-Prison NationThe United States has often prided itself that we no longer have debtors' prisons. Debtors' prisons were, for the most part, outlawed in the United States by the end of Reconstruction. While debtors' prisons were commonplace in the New Englan...
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January 18, 2013
Spot the Greedy OnesWhen the Treasury sold some of "our" shares in GM recently and agreed to sell our remaining shares over a 12-15 month period, the expected loss on the GM bailout will amount to approximately $21 billion. The "poor" auto worker has been saved. Concurr...
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November 27, 2012
The Coming Fall and Eventual Rebirth of AmericaThe hope that many of us had that the nightmare of the Obama presidency would end faded into the night on November 6th. In reality though, "hope" was not very much of a plan. In the experiences that I have had assisting companies and organizat...
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November 19, 2012
Social Security and the Politics of DeceitIn the vice presidential debate, Paul Ryan stated that "Medicare and Social Security are going bankrupt." Without hesitation, Joe Biden responded emphatically that "in regard to Social Security, we will not privatize it[.] ... [I]magine where a...
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November 14, 2012
Winners and Losers of the Fed's Low Interest Rates"Any time you have a really great deal, remember: for every winner, there must be a loser." The expression means that when you have a lopsided transaction, one person's good deal is likely struck at another's expense. With the artificial...
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October 7, 2012
Sticks and Stones!Few people would consider denigrating any religion or person to be a reasonable, mature, and decent way to behave. Yet when riots and killings are allegedly sparked by "hate crimes," the insanity of the violent reaction is equally unpalatable to thos...
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September 18, 2012
Deflation's Here, and the Downward Spiral Has StartedDenmark, Germany, Switzerland, and Finland have been issuing short term government notes at negative interest rates since mid-year 2012! This dangerous precedent has happened before. Most recently, Japan experienced negative interest rates in t...
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July 6, 2012
Fighting this Depression with the Last Depression's Tactics is a Recipe for DisasterIn Chairman Bernanake's doctoral thesis, he "focused on the role of monetary policy in affecting economic activity, and on the historical analysis of the causes of the Great Depression." His thesis and resulting understanding of the negative im...
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April 29, 2012
Civil Disobedience Is a Civic ResponsibilityWith the signing of the Declaration of Independence, the founding fathers effectively signed their own death warrant. The Declaration said in part "[t]hat whenever any Form of Government becomes destructive of these ends [re: unalienable rights], it ...
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April 8, 2012
Government-Caused Depression?During the Vietnam conflict, a common complaint of soldiers was that you could never tell who the enemy really was. In this current economic recession, too, I am beginning to wonder who the enemy of our recovery really is. The president, Congress, th...
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April 3, 2012
Debt the New Equity - Major Economic DislocationIn 2008, the financial world as we know it changed. Many of the principles we were taught were invalidated, it seemed. Save for retirement and live happily ever after was the conventional wisdom. Then the market crashed! In his book The Age of ...
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March 14, 2012
The Peace Dividend: Paid but Not EarnedWhen the Berlin Wall collapsed and it appeared that the Soviet Union was going to break apart completely, President Clinton declared a peace dividend. Following that "declaration" of the peace dividend, our nation saw a significant reduction in...
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March 6, 2012
The Fed: Oops, we're doing it again!No sooner had the housing market bubble burst in 2008 than the culprit for the real estate bubble was identified, in part, as the teaser interest rates. Teaser interest rates, also called adjustable rate mortgages, are very low short-term interest ra...
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January 24, 2012
A Generation Losing Hope: The Shattering of the American DreamBefore our very eyes, a generation of Americans is losing faith in the American dream and adopting attitudes and behaviors that emphasize living for the day, not planning to take care of their own futures. They clearly see the problems ahead an...
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January 18, 2012
Conduct UnbecomingRecently, Congressman and retired Lt. Col. Allen West decried the public outrage over the reaction to the videos of the Marines allegedly urinating on the corpses of dead Taliban. Congressman West said: I have sat back and assessed ...
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November 29, 2011
Super Committee: Success or Failure?In the Budget Control Act of 2011, Congress created the Super Committee. The Super Committee, technically called the "Joint Select Committee on Deficit Reduction," was chartered with the responsibility to "reduce the deficit by at least $1,500,...
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October 30, 2011
Pro-Union Is Not Pro-WorkerA recurring theme from the current administration is that to be pro-organized labor is to be pro-worker. Concurrently, the administration has consistently refuted that it is using class warfare as a theme. A comment from Vice President Bid...
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August 11, 2011
Mr. President, It's 3AM!During the 2008 presidential campaign, then-candidate Hilary Clinton ridiculed Barack Obama's inexperience with the famous ad asking who you wanted to answer the phone during a crisis at 3AM. Today, it is apparent that our nation desperately needs so...
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June 26, 2011
Economic Slavery: Modern-Day Indentured ServitudeThe "tax the rich" hysteria gripping this nation is absolute insanity. Cries to raise taxes on those with incomes over $250,000 or some other magical number are unbelievable. As a CPA, I find the "tax the rich" schemes to be pure junk science. ...
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June 19, 2011
Liberals Outsourcing MoralityIn the Book of Matthew in the New Testament, Pontius Pilate symbolically washes his hands of the responsibility for the crucifixion of Jesus. This symbolism has carried on through the centuries as the mark of someone who is complicit in s...
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May 14, 2011
Dealing with Our Coming Economic DisasterThe situation in the United States has deteriorated and will continue to do so unless drastic action on our federal, state and local government deficits is taken. We need to trace what happens during an economic collapse. In preparation f...
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April 28, 2011
The Deficit: Lead, Follow, or Get out of the Way!The entire budget debate on Capitol Hill and at the White House is a charade. To put the $61 Billion dollar budget cuts in perspective, consider that we could save $38 Billion alone by putting the entire federal budget of $3.8 Trillion on a cre...
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April 16, 2011
Eliminating the U. S. Department of EducationCosmetic budget cuts will not solve our nation's debt woes. Real change is required to right our county. Waste must be identified, isolated, and eliminated.One such change is to abolish the U.S. Department of Education.The Department of E...
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March 3, 2011
The Death of Common DecencyThe Supreme Court ruled that the Westboro Baptist Church's behavior in demonstrating at the funeral of Marine Lance Corporal Matthew Snyder was protected speech under the First Amendment of the Constitution.The Court of Public Opinion must hold ...
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February 17, 2011
Creative Destruction and the Federal DeficitThe President announced the 2012 budget of $3.73 Trillion with an expected deficit of $1.1 trillion. The massive deficit combines with the three prior years' deficits of in excess of $1 Trillion each which will push the national debt beyond $16...
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January 16, 2011
Deficit-Inspired National StrategyThe sovereign debt issues of Europe will soon pale in comparison to the sovereign debt issues of the United States. The European crisis is merely the forerunner to the real crisis percolating in Washington and the fifty state capitals.The finan...
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January 8, 2011
Real Financial Reform or Retribution?"FDIC warns of legal action against officers of failed banks" was the heading of a November 10 article published by the LA Times. The article accurately describes the actions the FDIC is taking against some officers and directors of f...
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November 23, 2010
GM Going Public a Success Story?Last week, GM sold stock in a public offering. At the same time, President Obama announced that the tough decisions made during his administration were beginning to pay off. He also indicated that the "American taxpayers are now positioned ...
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October 6, 2010
Obsessive Regulatory DisorderIt's flu season, and yet the vaccine for ORD has yet to be developed. The virus is spreading. Our health system is inundated. What is a nation to do?The disease is ORD, or Obsessive Regulatory Disorder. It appears to have started in our nation's...
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September 18, 2010
Pursuit of Happiness!I think I can! I think I can!Most of us remember with warmness in our hearts that great parable of the little engine and its effort and determination in triumphing over hills, obstacles, and discouragement.There is no greater feeling of reward than w...
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July 31, 2010
The Illogic of the Ruling ClassStar Trek's Dr. Spock must be so confused.Do today's leaders think that just because they voted on something that it will work? To think that simply by passing a health care bill everyone will have health care is simply illogical.Seeing t...
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June 20, 2010
Misery Index - The need to rebuild AmericaFor those old enough to remember, the 1980's were consumed by periods of high unemployment, high inflation, and devastating interest rates. The national debt was almost $1 Trillion. Interest rates were in the high teens and inflatio...
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August 17, 2009
Cash for Clunkers: An exercise in futilityThe Obama Administration and Congress have added a $2 Billion increase in the cash for clunkers automotive program. The first Billion was touted as being extraordinarily successful by the administration. With such success behind the...