Michael Krieger

My name is Michael Krieger, and I am the creator and editor of Liberty Blitzkrieg. I'm originally from New York City.

As far as my academic and professional background, I attended college at Duke University where I earned a double major in Economics and Spanish. After completing my studies in 2000, I took a job at Lehman Brothers where I worked with the Oil analyst in the Equity Research Department.  In 2005, I joined Sanford C. Bernstein where I served as the Commodities Analyst on the trading floor. About halfway through my time there, I started to branch out and write opinions on bigger picture "macro" topics that no one else at the firm was covering. These opinion pieces were extremely popular throughout the global investment community, and I traveled around providing advice to some of the largest mutual funds, pension funds and hedge funds in the world.

I loved my job, but as time passed I started to educate myself about how the monetary and financial system functions and what I discovered disgusted me. I no longer felt satisfied working within the industry, and I resigned in January 2010.  At that point, I started a family investment office and continued to write macro pieces on economic, social and geopolitical topics. That summer, I drove cross country for six weeks and ultimately decided to leave the crowded streets of Manhattan for the open spaces of Boulder, Colorado, where I currently reside.

In the years that followed, I gradually recognized that my true passion centers upon writing on issues of significant societal importance given the extremely challenging times we live in. This realization culminated with me losing interest in financial markets and eventually launching this website in early 2012.

If you are interested in a more detailed description, replete with colorful anecdotes, of how I ended up making this bizarre professional transition, take the time to watch the video below.

https//www.youtube-nocookie.com/embed/DcqMN-FXCIE?rel=0

In Liberty,
Michael Krieger

Saudi Arabia Bombs Second Yemeni Wedding in a Week – At Least 23 Dead

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Saudi Arabia, the recently crowned head of a UN human rights panel and close U.S. government ally, has now bombed two wedding parties in Yemen in just over a week. Yes, you read that right.

The New York Times reports:

SANA, Yemen — Airstrikes by a military coalition led by Saudi Arabia hit a house south of the capital on Wednesday, killing at least 23 people who were attending a wedding party, said witnesses and a local medical worker.

The attack was the second airstrike on a wedding in Yemen in a little over a week, and it added to growing criticism over the coalition’s air campaign, which has killed more than 1,100 civilians over the past six months, according to the United Nations.

On Sept. 28, coalition warplanes bombed wedding tents on the Yemen’s Red Sea coast, killing at least 70 people.

Saudi Arabia launched a military offensive in March against rebels known as the Houthis after they drove the Saudi-backed government from power. As war has spread throughout the country, more than 2,355 civilians have been killed — the majority of them in coalition airstrikes, human rights workers say.

Interestingly, this indiscriminate murdering of civilians is finally starting to get some attention in Washington D.C. We learn from Al-Monitor that:

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When it Really Mattered, Ben Bernanke Coddled, Protected & Bailed Out Financial Criminals

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Most of you will have seen Ben Bernanke’s recent crocodile tears regarding how he wished more individuals were held responsible, for you know, destroying the American middle class and handing over the nation to a handful of criminal oligarchs.

As David Dayen notes, he is completely full of shit. As usual.

From the Intercept:

Former Federal Reserve Chair Ben Bernanke joined practically everyone in America by saying in his new memoir, The Courage to Act, that more Wall Street executives should have gone to jail for criminal misconduct that led to the financial crisis.

“It would have been my preference to have more investigation of individual action, since obviously everything what went wrong or was illegal was done by some individual, not by an abstract firm,” he wrote.

Unlike practically everyone else in America, however, Bernanke was in a pretty good position to actually facilitate criminal misconduct proceedings, if he wanted to see them so badly — as  head of the nation’s most powerful bank supervisory agency from 2006 to 2014.

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How the TPP Could Lead to Worldwide Internet Censorship

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On Monday, we learned that global “leaders” had come to an agreement on the infamous Trans Pacific Partnership, or TPP. While discouraging, this doesn’t mean the game is over — far from it.

Although politicians have come to a secret agreement, this democracy killing, corporate monstrosity still has to pass the U.S. Congress. So it’s now up to all of us to create an insurmountable degree of opposition and make sure this thing is dead on arrival.

The more I learn about the TPP, the more horrified I become. In case you need to get up to speed, check out the following:

U.S. State Department Upgrades Serial Human Rights Abuser Malaysia to Include it in the TPP

Julian Assange on the TPP – “Deal Isn’t About Trade, It’s About Corporate Control”

Trade Expert and TPP Whistleblower – “We Should Be Very Concerned about What’s Hidden in This Trade Deal”

As the Senate Prepares to Vote on “Fast Track,” Here’s a Quick Primer on the Dangers of the TPP

If that wasn’t enough to concern you, here’s the latest revelation.

From Common Dreams:

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Welcome to the Recovery – Homelessness Amongst Students Doubles Since Before the Recession

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How’s that recovery going for you? That’s what I thought.

Here’s the latest data point from the ongoing oligarch crime spree shamelessly marketed to the masses as an “economic recovery.”

From Five-Thirty-Eight:

The number of homeless students in the country’s classrooms has more than doubled since before the recession, according to recently released federal data. That’s an alarming trend, but a new report offers some hope: At least part of the increase, the authors say, is not because more students have become homeless, but because states have gotten better at identifying homeless students.

Here’s a visual representation of America’s Banana Republic neo-feualism for those of you so inclined:

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Activists Fly Drone Over NSA Facility in Germany, Drop Fliers Encouraging Employees to Quit

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You probably haven’t heard of Intelexit, but you probably should. It’s an organization which describes itself as follows on its website:

Intelexit is an initiative that helps people leave the secret service and build a new life. It is civil society’s response to the lack of oversight and undemocratic practices of intelligence agencies.

In recent weeks, the organization’s members have embarked on creative protests that encourage  current intelligence employees to follow their conscience and quit. Their latest stunt, over an NSA facility in Germany, involved a drone and fliers.

Here’s some more from the Intercept:

A group of activists flew a drone over a key National Security Agency complex in Germany on Friday, dropping leaflets encouraging the intelligence workers inside to quit in protest over invasive surveillance.

The site of the drone fly-by, the Dagger Complex, is a U.S. military installation south of Frankfurt. It houses the European Cryptologic Center — a major source of signals and communications intelligence in Europe for the NSA. According to German media, its 1,100 employees monitor massive amounts of communications with tools such as XKEYSCORE, one of the programs revealed by NSA whistleblower Edward Snowden.

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U.S. Bombing of a Doctors Without Borders Hospital in Afghanistan Was No Accident – “It Was the Target”

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In particular, MSF (Doctors Without Borders) quickly publicized numerous facts that cast serious doubt on the original U.S. claim that the strike on the hospital was just an accident. To begin with, the organization had repeatedly advised the U.S. military of the exact GPS coordinates of the hospital. They did so most recently on September 29, just five days before the strike. Beyond that, MSF personnel at the facility “frantically” called U.S. military officials during the strike to advise them that the hospital was being hit and to plead with them to stop, but the strikes continued in a “sustained” manner for 30 more minutes.  

– From Glenn Greenwald’s article: The Radically Changing Story of the U.S. Airstrike on Afghan Hospital: From Mistake to Justification

By now, all of you will have read about the U.S. military’s recent bombing of a Doctors Without Borders hospital in Kunduz, Afghanistan. What you may not be aware of, is how much the official story has changed in the days since this inexcusable act of barbarism became public.

Doctors Without Borders has been calling the attack a “war crime,” which to the average American sounds outlandish and impossible. The justification for this claim is simple — that the airstrike wasn’t an accident at all, and that the U.S. military intentionally targeted the hospital. As the days go by, it becomes increasingly clear that this is indeed the case, and the Pentagon is now scrambling to justify the intentional targeting of a hospital.

As Glenn Greenwald reports at the Intercept:

When news first broke of the U.S. airstrike on the Doctors Without Borders hospital in Kunduz, Afghanistan, the response from the U.S. military was predictable and familiar. It was all just a big, terrible mistake, its official statement suggested: an airstrike it carried out in Kunduz “may have resulted in collateral damage to a nearby medical facility.” Oops: our bad. Fog of war, errant bombs, and all that.

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California Mayor Forced to Hand Over Electronics and Passwords at Airport – Compares U.S. to Nazi Germany

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“I think the American people should be extremely concerned about their personal rights and privacy. As I was being searched at the airport, there was a Latino couple to my left, and an Asian couple to my right also being aggressively searched. I briefly had to remind myself that this was not North Korea or Nazi Germany. This is the land of the Free.

– Anthony Silva, Mayor of Stockton, California

Just in case you’re still under the infantile illusion that you reside in a free country.

From ArsTechnica:

Stockton, California Mayor Anthony R. Silva attended a recent mayor’s conference in China, but his return trip took a bit longer than usual. At the San Francisco International Airport (SFO) this week, agents with the Department of Homeland Security detained Silva and confiscated his personal cell phone among other electronics. According to comments from the mayor, that may not even be the most alarming part.

“Unfortunately, they were not willing or able to produce a search warrant or any court documents suggesting they had a legal right to take my property,” Silva told SFGate. “In addition, they were persistent about requiring my passwords for all devices.”

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Welcome to the Banana Republic – Highlighting the Comment Section of Bernanke’s WSJ Propaganda Piece

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There’s nothing like the comment section when it comes to Federal Reserve propaganda in the editorial pages of the Wall Street Journal. Liberty Blitzkrieg readers will remember the last time the WSJ published a disconnected piece of Central Bank stroking garbage from Fed propagandist John Hilsenrath, and the riotous anger which ensued in the comment section. If you missed it, I strongly suggest taking a read: “Revolution is Coming” – The Top 20 Responses to Jon Hilsenrath’s Idiotic WSJ Article.

Fast forward a few months, and here we have Ben “the courage to bail out billionaires” Bernanke writing an almost unreadable piece of propaganda in the WSJ titled “How the Fed Saved the Economy.”

At this point in a post I’d typically highlight the more egregious parts of an Op-Ed, but this one is so bad, so poorly written and completely uninteresting, there’s really no point. If you feel like wasting two minutes of your life go ahead and read it yourself, but it appears to me that it was put together in a couple of seconds by an intern instructed to boost book sales.

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It’s Official – UK Admits “Human Rights” No Longer a Priority of British Foreign Policy

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Not that they ever were, but they’ve finally decided to be explicit about it. Which to be honest, is pretty scary.

From the Independent:

Human rights are no longer a “top priority” for the Government, Britain’s most senior Foreign Office official has admitted, as ministers put resources into supporting trade deals ahead of tackling injustice in other parts of the world. In a remarkably frank admission to MPs, Sir Simon McDonald, Permanent Secretary at the Foreign Office, said that human rights no longer had the “profile” within his department that they had “in the past”.

Yes, you read that right. Trade deals. You know like…

Forget the TPP – Wikileaks Releases Documents from the Equally Shady “Trade in Services Agreement,” or TISA

And he added that the Conservatives’ “prosperity agenda” was now “further up the list” of areas on which the department was concentrating its dwindling resources.

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How America’s “Think Tanks” are Compromised and Bought Off by Foreign Governments

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The think tanks do not disclose the terms of the agreements they have reached with foreign governments. And they have not registered with the United States government as representatives of the donor countries, an omission that appears, in some cases, to be a violation of federal law, according to several legal specialists who examined the agreements at the request of The Times.

As a result, policy makers who rely on think tanks are often unaware of the role of foreign governments in funding the research.

Several legal experts who reviewed the documents, however, said the tightening relationships between United States think tanks and their overseas sponsors could violate the Foreign Agents Registration Act, the 1938 federal law that sought to combat a Nazi propaganda campaign in the United States. The law requires groups that are paid by foreign governments with the intention of influencing public policy to register as “foreign agents” with the Justice Department.

At least one of the research groups conceded that it may in fact be violating the federal law.

– From the New York Times article: Foreign Powers Buy Influence at Think Tanks

Liberty Blitzkrieg readers will be under no illusions when it comes to the role “Think Tanks” play within America’s crony, unethical, slimy and entirely compromised political system. Nevertheless, today’s New York Times article exposing how foreign government, likely illegally, use them to buy influence in Washington D.C., is extremely important and disturbing. Let’s examine a few excerpts.

From the New York Times:

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