Karl Denninger

Karl Denninger is an American technology businessman, finance blogger, and political activist, sometimes referred to as a founding member[1] of the Tea Party movement.

[7] Denninger is a founding contributor to the libertarian-oriented finance blog market-ticker.org, and has used the internet to bring attention to his concerns with the financial system.

In the aftermath of the March 2008 collapse of Bear Stearns, he helped found the website FedUpUSA.org[9] He came to national attention for the criticisms of the Emergency Economic Stabilization Act of 2008 which he posted on FedUpUSA.org in September that year.

Of special concern to Denninger was the over-the-counter trading of credit default swaps, as well as the high leverage of financial institutions; his objections to the bailout plan stemmed from the fact that it did not address either of these issues.

[15] In January 2013, he spoke with Voice of Russia in an interview covering a variety of topics, including the United States public debt, Medicare reform, and his opposition to Keynesian economics.