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

Video of the Day: Ron Paul Warns of Electronic Surveillance back in…1984

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There are three words that come to mind when I think of Ron Paul; principles, credibility and consistency.  Not only is the video below great because we get to see Dr. Paul speak on the Congressional floor thirty years younger, but also because he was adamantly criticizing civil liberties threats in the context of a … Read more

Meet the Whistleblower: Edward Snowden

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In a courageous and brilliant strategic move, the whistleblower everyone is talking about has come forward and revealed his identity as well as current location.  His name is Edward Snowden, he is 29 years old and has fled to Hong Kong.  He was most recently working with the NSA as a contractor for Booz Allen Hamilton.  If you recall, Booz Allen Hamilton is one of the defense contractors that activist and unofficial Anonymous spokesperson Barrett Brown was investigating when he was arrested and turned into a political prisoner. As might be expected, The Guardian has broken Mr. Snowden’s story.  Some choice excerpts are below:

The individual responsible for one of the most significant leaks in US political history is Edward Snowden, a 29-year-old former technical assistant for the CIA and current employee of the defence contractor Booz Allen Hamilton. Snowden has been working at the National Security Agency for the last four years as an employee of various outside contractors, including Booz Allen and Dell.

The Guardian, after several days of interviews, is revealing his identity at his request. From the moment he decided to disclose numerous top-secret documents to the public, he was determined not to opt for the protection of anonymity. “I have no intention of hiding who I am because I know I have done nothing wrong,” he said.

In a note accompanying the first set of documents he provided, he wrote: “I understand that I will be made to suffer for my actions,” but “I will be satisfied if the federation of secret law, unequal pardon and irresistible executive powers that rule the world that I love are revealed even for an instant.”

He has had “a very comfortable life” that included a salary of roughly $200,000, a girlfriend with whom he shared a home in Hawaii, a stable career, and a family he loves. “I’m willing to sacrifice all of that because I can’t in good conscience allow the US government to destroy privacy, internet freedom and basic liberties for people around the world with this massive surveillance machine they’re secretly building.”

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Picture of the Day: CHANGE

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Actually the image is titled “Stasi USA” and it’s another brilliant gem from William Banzai7. Some things never CHANGE.   Like this post? Donate bitcoins: 35DBUbbAQHTqbDaAc5mAaN6BqwA2AxuE7G Follow me on Twitter.

Martin Luther King: “Everything Adolf Hitler did in Germany was Legal”

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Even if you have read Martin Luther King’s celebrated “Letter from Birmingham Jail,” I insist you read it again. For those that have never read it, the inspired prose may very well change your life.  The letter’s message is eternal and extraordinarily relevant in the current global struggle of the 99.9% against the criminality, corruption and oppression of a very small, but very powerful 0.01%.  One of the key tactics this tiny minority uses is to claim that their immoral deeds are “legal.”  He spends much of his time in the letter outlining the distinction between “just laws” and an “unjust laws,” and one of the key points he makes that we should all keep close to our hearts and minds in these trying times is:

We should never forget that everything Adolf Hitler did in Germany was “legal” and everything the Hungarian freedom fighters did in Hungary was “illegal.” It was “illegal” to aid and comfort a Jew in Hitler’s Germany. Even so, I am sure that, had I lived in Germany at the time, I would have aided and comforted my Jewish brothers.

I also think it’s important to recognize that many of his contemporaries referred to his tactics as “extremist,” very similar to how the term “terrorist” is used currently to demonize public dissent in America.  Below are some of the excepts I found most powerful:

But more basically, I am in Birmingham because injustice is here.

Injustice anywhere is a threat to justice everywhere. We are caught in an inescapable network of mutuality, tied in a single garment of destiny. Whatever affects one directly, affects all indirectly.

Lamentably, it is an historical fact that privileged groups seldom give up their privileges voluntarily. Individuals may see the moral light and voluntarily give up their unjust posture; but, as Reinhold Niebuhr has reminded us, groups tend to be more immoral than individuals.

We know through painful experience that freedom is never voluntarily given by the oppressor; it must be demanded by the oppressed.

The answer lies in the fact that there are two types of laws: just and unjust. I would be the first to advocate obeying just laws. One has not only a legal but a moral responsibility to obey just laws. Conversely, one has a moral responsibility to disobey unjust laws. I would agree with St. Augustine that “an unjust law is no law at all.”

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Flashback to 2007: Obama’s Speech on Warrantless Wiretapping

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At this point we all understand that there is absolutely zero in common with Presidential-candidate Barack Obama and President Barack Obama.  He has so consistently lied while in office I have become convinced that he ranks deception as one of his most cherished hobbies.  Right up there with rounds of golf and posing for pictures … Read more

Even the Author of the Patriot Act Slams the NSA and Eric Holder on Spying

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You know it’s bad when the author of what might be the most unconstitutional bill in U.S. history criticizes you for being too authoritarian on civil rights.  Rep. Jim Sensenbrenner (R-Wisc.), the man who introduced the Patriot Act in October 2001 has written a letter to Eric Holder at the Department of Injustice expressing dismay about … Read more

The CIA’s Latest Investment: Robot Writers

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I’ve covered the CIA’s venture capital arm, In-Q-Tel, before (yes the CIA has a venture capital arm.  In that instance, I raised concerns about Palantir, a company started by Peter Theil in 2004 and in which I-Q-Tel was an early investor. The post was titled:  Is Peter Thiel Assisting the Government in the Creation of … Read more

So Who is James Comey, Obama’s Nominee to Head the FBI?

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In light of the latest revelations that the NSA is spying on the communications of millions of Verizon customers courtesy of information provided by the FBI, it probably makes sense to know a little more about Obama’s nominee to head that Bureau.  That man is James Comey, and he was a top Department of Justice attorney under John Ashcroft during the George W. Bush Administration (since then he has worked at Lockheed Martin and at the enormous Connecticut hedge fund Bridgewater Associates).  This guy defines the revolving door cancer ruining these United States.

Comey’s defenders point out that he stood up to some of the more egregious spy programs that Bush officials wanted to pursue, and that he also expressed reservations about the torture program.  Nevertheless, he signed off on, and provided the legal justification for both.  This is the man being recycled back through the revolving door by Obama.  I have read many articles on Mr. Comey ever since it surfaced he would be nominated and, as usual, Glenn Greenwald did the best work.  From the Guardian:

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Department of Homeland Security: We Can Search and Confiscate Electronic Devices Based on a “Hunch”

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Regular readers know my complete and total disdain for the Department of Homeland Security (DHS). An organization that is quite clearly gearing itself up for confrontation with the American public, rather than offering any meaningful protection from foreign “terrorists.” These folks think that because they have a big budget and a badge they do not have to abide by the Constitution.  They have such little respect for the supreme law of the land that they claim they can search through travelers’ electronic items, and even confiscate them, based on a “hunch.”  No, really.

Terrorists don’t take away freedoms.  Governments take away freedoms…and ours is doing a damn good job of it.

From CBS:

WASHINGTON (CBSDC/AP) — U.S. border agents should continue to be allowed to search a traveler’s laptop, cellphone or other electronic device and keep copies of any data on them based on no more than a hunch, according to an internal Homeland Security Department study. It contends limiting such searches would prevent the U.S. from detecting child pornographers or terrorists and expose the government to lawsuits.

The 23-page report, obtained by The Associated Press and the American Civil Liberties Union under the U.S. Freedom of Information Act, provides a rare glimpse of the Obama administration’s thinking on the long-standing but controversial practice of border agents and immigration officers searching and in some cases holding for weeks or months the digital devices of anyone trying to enter the U.S.

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American Insanity: How to Buy a Home in Martha’s Vineyard with Zero Money Down

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The absurd new housing bubble created by Banana Ben Bernanke’s cheap money, private equity slumlords and crony foreign oligarchs looking to launder their ill-gotten funds, continues to provide what would be hilarious headlines if only they weren’t so sad.  In the following story, we find that courtesy of the Department of Agriculture (USDA), the struggling folks on Martha’s Vineyard have access to zero money down home loans.  The USDA you ask? Well, it turns out that the “entire island is designated as a rural area eligible for a USDA loan.”  Why do we even have a government at this point?

From CNBC:

The zero down mortgage is back—in Martha’s Vineyard.

Ira Stoll at the Future of Capitalism bloghas come across an article on “Home Buying 101” in the spring of 2013 “Real Estate & Homes” supplement to the Vineyard Gazette. A local mortgage broker by the name of Polly K. Bassett is quoted as touting how.

Bassett, the “co-owner and a broker of Martha’s Vineyard Mortgage Company, L.L.C., said: “We have access to a wide range of programs such as USDA, which is a program where you can put no money down, 100 percent financing, and we also do a 97 percent financing with three percent down….There are a lot of programs out there for people buying their first home.”

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