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

After Testing the Technology, NASDAQ Will Use Bitcoin Blockchain

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Most of you probably heard several months ago that NASDAQ planned to test Bitcoin technology within its business. It now appears the exchange will be rolling it out live in the fourth quarter, partnering with Chain.

From Bloomberg:

Nasdaq OMX Group Inc. expects to become the first major exchange operator to use the technology behind bitcoin when a project in its private-companies business goes live in the fourth quarter.

The stock market operator is partnering with infrastructure provider Chain to use blockchain to issue and transfer the shares of privately held companies. Blockchain is the ledger that drives the bitcoin digital currency.

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3-Year-Old London Child Deemed “Extremist” and Placed in Government Reeducation Program

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The United Kingdom has gone batshit crazy. There’s simply no other way to put it. I warned about Britain’s “war on toddler terrorists” earlier this year in the post: The War on Toddler Terrorists – Britain Wants to Force Nursery School Teachers to Identify “Extremist” Children. Here’s an excerpt:

Nursery school staff and registered childminders must report toddlers at risk of becoming terrorists, under counter-terrorism measures proposed by the Government.

The directive is contained in a 39-page consultation document issued by the Home Office in a bid to bolster its Prevent anti-terrorism plan.

The document accompanies the Counter-Terrorism and Security Bill, currently before parliament. It identifies nurseries and early years childcare providers, along with schools and universities, as having a duty “to prevent people being drawn into terrorism”.

Never fear good citizens of Great Britain. While your government actively does everything in its power to protect criminal financial oligarchs and powerful pedophiles, her majesty draws the line at toddler thought crime. We learn from the Independent:

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Introducing “Trickle-Out Oligarch Economics” – How at Least $21 Trillion in Wealth Fled Offshore

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Before I get into the meat of this post, I want to make it clear that just because I point out the following doesn’t mean I like tax and think we need more of it. Rather, there are two main points I want to get across.

1) Oligarchs create tax loopholes for themselves. Oligarchs control the politicians who write legislation to suit oligarch needs. Whenever you hear politicians talk about taxing the wealthy they mean the suckers in the top 10% who are not politically-connected oligarchs. The super rich will never be touched by such legislation. They will always have loopholes available to them. This is why the statement “we need higher taxes on the rich” is basically a bullshit political talking point.

What we need is fundamental systemic change. This means truly restructuring the entire financial system, from Central Bank power, to Wall Street funding both political parties, to lengthy jail sentences for financial criminals. If we do that, oligarchs won’t be able to parasitically amass billions so easily in the first place.

2) You’ll notice much of the wealth that has been moved offshore originated from dictators who bled their home countries dry of resources as their populations starved. Many of these dictators had the full support of the U.S. government throughout their decades in power, during which time they plundered and destroyed entire nations.

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New Interview on the Keiser Report – Part 2 of 2

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In part 2 of our interview, Max and I discuss how passing the Trans Pacific Partnership (TPP), is far more important to the U.S. government than human rights. We also chat about what might come next in Greece following Syriza’s failure, as well as current human migratory trends in America, including the boom occurring in my adopted home state of Colorado.

Enjoy!

In case you missed Part 1, check it out here.

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New Interview on the Keiser Report – “Bankers Lives Matter” Part 1 of 2

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Earlier this week, I had the great pleasure to return as a guest on the always excellent Keiser Report. This is my first interview of 2015, as I’ve been intentionally avoiding them in order to focus on my writing.

I come in at the 12:40 mark, but I strongly suggest watching the entire thing. You don’t want to miss Max’s “buy recommendation” on ticker, GENOCIDE. Simply brilliant television.

Enjoy!

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How Progressive – Private Prison Company Lobbyists are Raising Funds for Hillary

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Earlier this week, we learned that lobbyists for Monsanto, Exxon Mobil, Microsoft and the Telecom industry are actively raising funds for the pantsuit revolutionary, Hillary Clinton. Today, we can add private prison companies to the list. Because private prisons are sooooooo progressive.

From the Intercept:

As immigration and incarceration issues become central to the 2016 presidential campaign, lobbyists for two major prison companies are serving as top fundraisers for Hillary Clinton.

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So Yeah, Hillary Clinton Did Send Classified Emails From Her Private Account After All

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I did not email any classified material to anyone on my email. There is no classified material. So I’m certainly well aware of the classification requirements and did not send classified material.

– Hillary Clinton’s public comments on the EmailGate scandal back in March

Two inspectors general have asked the Justice Department to open a criminal investigation into whether sensitive government information was mishandled in connection with the personal email account Hillary Rodham Clinton used as secretary of state, senior government officials said Thursday.

The request follows an assessment in a June 29 memo by the inspectors general for the State Department and the intelligence agencies that Mrs. Clinton’s private account contained “hundreds of potentially classified emails.” The memo was written to Patrick F. Kennedy, the under secretary of state for management.

– From today’s New York Times article: Criminal Inquiry Is Sought in Clinton Email Account

So in today’s news — the grass is green, the sky is blue, the sun is shining in Colorado, and the pantsuit revolutionary was caught in another lie.

From the New York Times:

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Will Donald Trump Run as a 3rd Party Candidate?

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Regular Liberty Blitzkrieg readers will be well aware of the fact that I’m a huge fan of Martin Armstrong’s work. While I disagree with him on several key topics, including Bitcoin, his long-term macro forecasting record has no equal. One of his key forecasts for many years now is that 2015.75, or September 30/October 1, will represent a key negative inflection point, i.e., a downturn in his “economic confidence model.” One of his other key forecasts, has been that the 2016 Presidential election will usher in significant 3rd party activity.

When I heard him make this claim a couple of years ago, it seemed pretty far fetched. There didn’t seem to be anyone on the scene with the resources and support to launch a real 3rd party push. That is, until Donald Trump exploded onto the scene. While Trump has been running in the Republican primary, it seems pretty clear that the GOP establishment wants nothing to do with him. As such, even Trump himself has come out in recent days hinting at a potential independent run.

We learn from the Hill that:

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Introducing the “Male Feminist”

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It isn’t every day that you’re introduced to a new subculture. Just last week, I was exposed to an article written by someone named Michael Sonmore, who cheerily explains how grateful he is that his wife convinced him that her sleeping around with whomever she pleases is a great way for him to experience and appreciate feminism.

Honestly, I’m still not convinced that this guy actually exists, or that the story is real. I simply can’t fathom how a father of two young children could be so completely gullible and stupid to conclude that a man must degrade himself in order to respect women. Moreover, what woman would actually want to be with a man so spineless, childish and idiotic in the first place? Obviously not her, which is why she cunningly convinced him to raise their children, while she’s in the back seat of their suburban with the plumber.

While I could go on and on, I’d rather just let you read it yourself. Apparently New York Magazine is so desperate for clicks, they thought this was worthy of publishing. From NY Mag:

As I write this, my children are asleep in their room, Loretta Lynn is on the stereo, and my wife is out on a date with a man named Paulo. It’s her second date this week; her fourth this month so far. If it goes like the others, she’ll come home in the middle of the night, crawl into bed beside me, and tell me all about how she and Paulo had sex. I won’t explode with anger or seethe with resentment. I’ll tell her it’s a hot story and I’m glad she had fun. It’s hot because she’s excited, and I’m glad because I’m a feminist.

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Another VA Scandal – GI Bill Funnels Taxpayer Money to Masturbation Classes, “Hate Churches” and More

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Iraq War veteran David Rodriguez steps into a softly lit classroom at the Institute for Advanced Study of Human Sexuality in San Francisco, crosses his legs and sits on a pillow in front of an altar decorated with a rope, a model of a penis and a statue of a Hindu god.

Rodriguez, a retired Navy lieutenant commander who led an engineering battalion that dismantled roadside bombs, is here for a class on “sexual bodywork.” When instruction begins, he will join his classmates in practicing different forms of masturbation.

“They do vulva massage and penis massage and anal massage,” said instructor Ariadne H. Luya, who holds a Ph.D. from the institute, an unaccredited graduate school founded in 1976 by an iconoclastic Methodist minister who amassed a large collection of erotic art and pornographic films, including child pornography, that is kept at the school.

“We want to get people out of their ruts. Have you been masturbating the same way for 20 years?” she asked rhetorically. “How’s that going for you? Would you like to try something new?”

Rodriguez is funding his studies with the GI Bill, which means taxpayers are covering his tuition to pursue a doctorate in human sexuality – more than $20,000 over the past two years.

But in the absence of strong government oversight, Reveal has found a gold rush of 2,000 schools cashing in on the exemption. The list includes schools set up to make a profit by teaching blackjack, scuba diving, dog grooming, taxidermy and yoga. Many are owned by individuals who’ve gone bankrupt or failed to pay their taxes. A handful are owned by convicted felons…

Back at the Institute for Advanced Study of Human Sexuality in San Francisco, the Rev. Ted McIlvenna, the school’s president, walks down a narrow hallway cluttered with erotic paintings and sculptures, pornographic magazines and reel after reel of pornographic films.

“This is where we keep the kiddie porn,” he said, pointing at a 10-foot-long locked cabinet. “You have to have a doctorate to open it.”

– From the Reveal article: GI Bill Pays for Unaccredited Sex, Bible and Massage Schools

If you feel you’ve had enough Department of Veteran’s Affairs (VA) related scandals for one lifetime, you’ve come to the wrong place. I’m sure all Liberty Blitzkrieg readers will recall the huge outcry last year when it was revealed that some of those unfortunate Americans who sacrificed themselves in wars for imperial dominance and overseas profits, were left hung out to dry by the VA. So much so, that some vets even died while waiting for healthcare within the VA system.

Not to worry though. Under the GI Bill, taxpayers are funding all sorts of “learning” at unaccredited schools, including masturbation classes at San Francisco’s Institute for Advanced Study of Human Sexuality, hate sermons at places such as the Oklahoma Baptist College and Institute, and all sorts of other scams run by convicted felons. I wish I was making this up.

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