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

The Credit Bubble’s “Final Frontier” – Meet Goldman’s Fixed Income Global Structured Covered Obligation

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Fixed Income Global Structured Covered Obligation. Say that three times fast.

According to yesterday’s Wall Street Journal, the bailed out financial criminals at Goldman Sachs are set to launch the latest and greatest toxic derivative product directly into the portfolios of willing muppets the world over. It all starts this September, so public pension funds may as well just start taking out stacks of hundreds and torching them at Burning Man while they still have a chance.

Yes, it’s called the “Fixed Income Global Structured Covered Obligation,” and no, you will not have a clue what’s in it. No seriously, you won’t have a clue.

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“Dead Broke” – Meet the Clintons’ $100,000 3-Week Hampton Rental

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If being “dead broke” means dropping $100k on a 3-week rental in the Hamptons, then I’d like to be dead broke too.

In case you aren’t aware of what I’m referring to, recall that:

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Cartoon of the Day – “We Tortured Some Folks”

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Kudos to whoever created this. Pretty much sums it up. Now for a little nostalgia. Here’s the original inspiration: In Liberty, Michael Krieger Like this post? Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G Follow me on Twitter.

Obama Celebrates the 50th Anniversary of the Gulf of Tonkin Resolution by Bombing Iraq

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“Hell, those dumb, stupid sailors were just shooting at flying fish!”

– U.S. President Lyndon Johnson commenting on the Gulf of Tonkin incident

Fifty years ago yesterday, on August 7, 1964, Congress passed the now infamous Gulf of Tonkin resolution, which led to a massive escalation of America’s involvement in the Vietnam War. Without a formal declaration of war, the resolution permitted President Johnson to take “all necessary measures” to support South Vietnam, including armed forces. This resulted in 58,000 dead Americans and well over a million dead Vietnamese, both civilians and military personnel.

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Obama Wines and Dines Some of the World’s Most Brutal Dictators at the First Ever U.S.-Africa Summit

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Screen Shot 2014-08-07 at 4.15.32 PMLast month, I wrote an article highlighting the fact that President Barack Obama apparently had become so tired of being President that he decided to just hang out and socialize instead. The piece was titled, The New York Times Describes Obama – “A Restless President Weary of the Obligations of the White House…” 

Apparently, Mr. Obama has found a middle ground. A perfect mix of dinner-party diplomacy with some of the world’s most violent and homophobic dictators. Introducing the first ever U.S.-Africa summit, which just ran from August 4-6th. As the Daily Mail points out, President Obama had no problem smiling and hobnobbing with a cornucopia of murders and human rights abusers. If there was a Hollywood celebrity hashtag campaign of outrage protesting the event, I must have missed it.

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Video of the Day – This is How Russian Activists Wish Obama Happy Birthday

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This is what activists created using lasers on the U.S. Embassy in Moscow. No further comment necessary. *Actually further comment has proved necessary since some people are so politically correct they can’t distinguish between me posting something and me endorsing it. This laser show certainly seems to have racist undertones. I am not endorsing the video, I’m … Read more

Australia’s Prime Minster Admits Metadata Collection is for “General Crime” Not Terrorism

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“The U.S. government kills people based on metadata.”

– Former head of the NSA Michael Hayden

Myself and countless others have been warning for many years that the “war on terror” is a complete and total sham. A power grab used by governments to further consolidate power and control over the masses that reside within their borders. Slowly but surely, we have all realized that none of the spying is actually about stopping terror attacks. For example, a White House panel concluded late last year that the NSA’s unconstitutional metadata collection had not stopped a single terror attack. Yes that’s right, ZERO.

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Did the Creator of the Experimental Ebola Drug Joke About Culling 25% of the World’s Population?

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Screen Shot 2014-08-06 at 3.20.07 PMCharles Arntzen is the Regents’ Professor and Florence Ely Nelson Presidential Chair of the Biodesign Institute at Arizona State University. Dr. Arntzen is known as a pioneer in the development of edible plant-based vaccines, and he has also been a key collaborator on what appears to be a promising new Ebola drug.

 

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UltraLong Bond Madness – Issuance of Debt with 30 Year+ Maturity Soars 22% in 2014

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Screen Shot 2014-08-06 at 11.54.44 AMYesterday, the Wall Street Journal published an article highlighting the surge in what it calls “ultralong” bonds, defined as having a maturity of more than 30 years. The findings are simply stunning. In what may seem counterintuitive, bond yields at hundred year plus lows in many countries has led major investment firms to rush into ever riskier and longer duration fixed income securities just to earn some income. This has opened the floodgates to governments and corporations looking to lock in low yields on debt they won’t have to pay back for a generation.

Just to name a few, this year we have already seen a 100-year bond sale by Mexico, two separate 50-year bond issuances by Canada, and wait for this one, Spain of all countries is set to try to sell a 50-year bond!

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Video of the Day – Godfrey Reggio’s Haunting and Incredibly Accurate Prediction of Our Orwellian Future…from the 1970s

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Screen Shot 2014-08-05 at 4.58.43 PMThere have been many artists, writers and intellectuals who were able to see the writing on the wall regarding our Orwellian future many decades ago. Several of them became so concerned they took it upon themselves to warn us of the dangers in no uncertain terms, with Aldous Huxley perhaps being the most prescient (see: Brave New World Revisited…Key Excerpts and My Summary).

A lesser known individual who also accurately warned us about the dangers faced of a totalitarian government/corporate partnership dead set on the destruction of privacy is filmmaker Godfrey Reggio.

Back in 1972 Mr. Reggio founded the Institute for Regional Education (IRE), which partnered with the American Civil Liberties Union in New Mexico to create a series of advertising spots purchased for television, radio, newspapers, and billboards that warned of the forthcoming technological fascist state.

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