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Author: Michael McCormick

B.S., J.D.

Deficits and Debt: the Charade

June 6, 2023July 14, 2025 by Michael McCormick B.S., J.D.

(originally published on May 2, 2023) So here we go again: budget talks in connection with a looming debt ceiling. As the narrative unfolds, we find ourselves journeying through a mythical tale of budget deficits and consequent debt, which threatens

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Where is the Outcry?

June 5, 2023July 14, 2025 by Michael McCormick B.S., J.D.

(originally published on May 27, 2023) The world continues to inch towards world war, with likely nuclear consequences, and few raise objections. The U.S.-NATO-Ukraine v. Russia conflict has progressed from the West solely provisioning defensive equipment to the Ukrainians, to

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Debt Ceiling Solution? The Trilion Dollar Coin

June 5, 2023July 14, 2025 by Michael McCormick B.S., J.D.

(originally published on May 21, 3023) During the 2011 debt ceiling crisis, Washington scrambled around trying to figure out how to avoid the self-imposed debt ceiling limit in order to avoid default on U.S. government securities and other payment obligations.

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Worried Yet?

May 10, 2023July 14, 2025 by Michael McCormick B.S., J.D.

These days, it’s confusing to be a world citizen. It is unclear what to most worry about. We probably should most worry about a possible nuclear war with Russia. A false move in the Western proxy war against Russia could

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The Peacemaker’s Role

April 27, 2023July 14, 2025 by Michael McCormick B.S., J.D.

Peacemakers should be peaceful. When anger and hate take over the peacemaker’s quest, peacemakers succumb to the tools of the opposition, in effect, becoming their enemies. What distinguishes the peacemaker from the non-peacemaker, is the peacemaker seeks to understand the

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Abandonment and War

April 3, 2023July 14, 2025 by Michael McCormick B.S., J.D.

I drove through the old neighborhood the other day, where I grew up as a kid. It’s a very working class area of mostly 800 to 900 square foot homes, many with asbestos siding, located in what was a highly

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Is Another Bank Industry Bailout in the Pipeline? If So….

March 16, 2023July 14, 2025 by Michael McCormick B.S., J.D.

Are we on the verge of yet another bank industry bailout? Who knows? But if so, depending on the form of future bailouts, the public will have a unique opportunity to finally exert meaningful control over this vital sector of

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The Audacity of War

January 9, 2023July 14, 2025 by Michael McCormick B.S., J.D.

There can be no more audacious  behavior than when a nation’s political elite sends its young people into war. The arrogance, the sense of self-righteousness, of self-importance, is mind-blowing, or at least should be to the reasonable mind. The reasons

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“Peace on Earth, Goodwill Toward Men”

December 20, 2022July 14, 2025 by Michael McCormick B.S., J.D.

Nations across the globe are increasing military budgets, strengthening alliances,  and forming new alliances, all in preparation for a massive global conflict.  Germany, in addition to increased annual military expenditures has also announced an additional one time or lump sum

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Ukraine: Winner Takes All? Not this Time

October 1, 2022July 14, 2025 by Michael McCormick B.S., J.D.

Americans love competition, particularly in sports, in business generally, and apparently in war. This appears to be true in Ukraine. At this point we should move beyond the question of who is more at fault for the Ukrainian war, the

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