kirchubel column sig

Local opinion columnists

‘When did the housing problem start?’

By From page A8 | July 29, 2013

I quote the headline from a Daily Republic letter to the editor that published Wednesday. It was from a reader who, like many conservatives, believes that our housing collapse occurred because President Bill Clinton wanted to increase homeownership for subprime borrowers.

I usually don’t respond to letters where the writer attacks my column. They typically self-destruct when exposed to light, but I do enjoy poking holes in conservative bubbles.

This “Clinton was responsible” myth has been peddled and perpetuated by right-wing propagandists since the crash of 2008 because it resonates well with their Ayn Randian, “unregulated market good / government bad” mantra.

This myth springs from the 1994 Home Ownership and Equity Protection Act, which was signed into law by President Clinton.

In September 2008, Michael Hirsh wrote in Newsweek: “Under the Home Ownership and Equity Protection Act enacted by Congress in 1994, the Fed was given the authority to oversee mortgage loans. But (Fed Chairman Alan) Greenspan kept putting off writing any rules.

“As late as April 2005, when things were seriously beginning to go wrong, he was saying that subprime lending would work out for the common good – without government interference. ‘Lenders are now able to quite efficiently judge the risk posed by individual applicants,’ he declared at the time. So much for his feel. New regs (regulations) didn’t get put into place until this past July – long after the crash had come, under Greenspan’s successor, Ben Bernanke. The new Fed chief’s ‘Regulation Z’ finally created some common-sense rules, such as forbidding loans without sufficient documentation to show if a person has the ability to repay.”

The Home Ownership and Equity Protection Act instructed Fed chairman, Alan Greenspan, a conservative Ronald Reagan appointee, to write rules regulating the mortgage industry. He refused, feeling that a freer, less-regulated banking system would effectively police itself.

Greenspan was quite contrite, however, while testifying before Congress on Oct. 23, 2008: “Those of us who have looked to the self-interest of lending institutions to protect shareholders’ equity, myself included, are in a state of shocked disbelief.”

Greenspan apparently believed that our noble, selfless bankers would “protect the shareholders’ equity,” rather than greedily milk the system for all it was worth, destroying our economy in the process.

In the early 2000s, bankers lobbied the Republican-run Congress for less restrictive mortgage rules. They wanted to expand their markets by being able to lend to less creditworthy borrowers, with smaller down payments, larger mortgage amounts and lower fractional reserve requirements. With Fed money below 2 percent and home loans selling above 6 percent, bankers made huge profits during the housing boom on both interest-rate spreads and those enormous, multiple-point loan origination fees.

These substandard, subprime loans were bundled together and quickly sold-off to workers’ pension funds, Fannie Mae or Freddie Mac, recycling the bankers’ money and permitting them to milk their cash cow again and again. Since these loans were sold to somebody else, a “greater fool,” why would they care if the borrowers couldn’t repay?

When the last unqualified homebuyer signed on the dotted line, when the bankers’ vaults and craws were crammed to capacity, the Federal Reserve raised their discount rate from 2 percent to 6.25 percent. Mortgage rates rose and, with money tight and far fewer buyers in the game, the housing market crashed, our economy collapsed and we workers suffered. Look around you here in Fairfield and you’ll see the aftermath of all of the banks have accomplished. Yes, Solano County’s housing market is improving, but home values remain a far cry from their pre-crash levels.

Remarkably, even today, Republicans still staunchly advocate for the same laissez-faire banking policies that enabled predator lenders to gut our nation’s economy.

“No bombs fell from the sky. No blood soaked the ground. But just as sure as the hand of God, they brought death to my hometown, boy. Death to my hometown.” – Bruce Springsteen.

Mike Kirchubel grew up in Fairfield and is the author of “Vile Acts of Evil – Banking in America.” He can be reached at [email protected]

Mike Kirchubel


Discussion | 84 comments

The Daily Republic does not necessarily condone the comments here, nor does it review every post. Please read our Terms of Service and Privacy Policy before commenting.

  • DanielJuly 29, 2013 - 6:35 am

    Get the Feds out of the mortgage brokering business eliminating Freddie and Fannie and no more bailouts, problem solved which shouldn't have occured in the first place when banks were respondible in tge first place instead of becoming brokers themselves to the Feds.

    Reply | Report abusive comment
  • DanielJuly 29, 2013 - 7:08 am

    Prior to the ceation of Fannie and Freddie banks were portfolio lenders, afterwards they also became mortgage brokers. During the last decade Fannie and Freddie started negative ARM lians, Stated Income and Stated Assets, no down payment purchases and lowering credit scores. The bubble bursting was inevitable. The dolution is to get rid if Fannie and Freddie and make banks own their own mortgages again as they did prior to 1994.

    Reply | Report abusive comment
  • Mike KirchubelJuly 29, 2013 - 10:21 am

    That would help protect us taxpayers, but we have been shoved into a position to protect the biggest banks against failure, no matter what risks they take. It's like saying to a gambler, "Go to the casino, whatever you win, you keep, whatever you lose, we'll cover." It's called a "Moral Hazard" and guess what happens next. Bankers win, taxpayers lose. There, you don't have to guess.

    Reply | Report abusive comment
  • rlw895July 29, 2013 - 1:11 pm

    Unlike the private banks, quasi-government Freddie and Fannie actually made the market using rules that were based on sound policy and not on greed. They were working fine until the feds opened the doors to the private banks to compete with them. Then it was a spiral to the bottom.

    Reply | Report abusive comment
  • Danny BuntinJuly 29, 2013 - 10:59 am

    Privatize the profits, and socialize the losses. The banks would not have it any other way. Everybody in the mortgage chain, from the appraiser, real estate agent, broker, title company to the underwriter made easy money. All knew it was a fraud/scam. What did they care, there was always someone else to pass the spit off too, with it ending as CDO(Credit debt obligation). The credit rating agencies(Opinion people) rubber stamped them. Then they get shuffled off to investors by the likes of Goldman Sachs, who then bet against the same spit they just sold. AIG gladly took on the credit default swap money, knowing full well they could not pay out on this slippery bet. All the while making sure never to call this(credit default swap) insurance. Because insurance is regulated, and we can't have pesky regulators looking at the fraud we are perpetrating. Oh, and after the house of cards collapsed and the fraud exposed, the government still bailed out AIG. This enabled AIG to pay the likes of Goldman Sachs 100 cents on the dollar for the bets they had made on the stuff they were selling and betting to fail. But whom could of known that this housing crash was coming;) Every time I see Lloyd Blankfein(Goldman Sachs CEO) on TV, it makes me angry.

    Reply | Report abusive comment
  • Danny BuntinJuly 29, 2013 - 11:33 am

    Oh, I almost forgot. The government knew full well of these CDO scams, and did nothing by choice.

    Reply | Report abusive comment
  • G-ManJuly 29, 2013 - 1:12 pm

    Scant months before the crap hit the fan..Barney Frank slobbering said "every thing @ fannie and freddie are fine"..I love watching him on split screen (should be You Tubeable)saying on one side " all is well all is well"..and then on the other side saying.."I never said all is well"...Kirchubel wouldn't know the light of day if it crawled down his pants...People got loans for houses they could not afford because Clinton,thenBush wanted a robust home ownership society..banks were pressured to give the doomed loans...thenwe know the rest..creative bankers in collusion with the gov't thought up a great money making scheme..that's what they do..they're not guardians of society's virtues..,and obama oi vey!!..46% of the homeowners he bailed out in 2009 are behind in their payments again...let the private market work it out ..gov't is a bad businessman with a bottomless source of fiat funds...disaster...some people just are meant to own homes..20-25% of our society is transient,they want to be transient,and our economy needs them to be transient...and what does Clinton know about housing anyway...he never even owned a home till he left the public housing he'd been living in for most of his scandalous adulterous life

    Reply | Report abusive comment
  • rlw895July 29, 2013 - 1:19 pm

    Well, I'm not sure they really KNEW, they BELIEVED, led by the "wizard" Greenspan and the likes of Larry Summers and Robert Rubin. The people who didn't take things on faith, such as Brooksley Born, were silenced and even driven out of the government. Now Obama is supposedly considering Summers for Fed Chief to replace Bernanke when the latter's term expires!! What a stupid move THAT would be. I'll be with the Obama critics if that comes about. Brooksley Born for Fed chief, or someone like her, who isn't a faith-based economist. We at least need to practice "trust, but verify."

    Reply | Report abusive comment
  • Mike KirchubelJuly 29, 2013 - 1:51 pm

    Good point, RLW. That is a fine difference, not likely to be understood by the likes of Gary. Also, G-child, the banks run the government, it's not the other way around. The banks wanted to increase their profits by increasing the size of their market. I never saw any homeless people bribing Congress or holding demonstrations in order to get to buy a house.

    Reply | Report abusive comment
  • G-ManJuly 29, 2013 - 4:12 pm

    But many did...and their loans were approved...they didn't have to demonstrate or lobby Congress you low information T-shirt..all they had to do was walk into my office w/ a pre-approval letter...

    Reply | Report abusive comment
  • Danny BuntinJuly 29, 2013 - 5:00 pm

    @RLW: They knew, but any underlings that raised a stink were told to go look for some terrorists. The whole revolving door of appointees in the SEC or the Treasury made sure that it never made the light of day. These thieves should be hung. And you have people still trying to point the finger at Barney Frank(G-man), hoping to muddy the waters. It is not a party issue as much as it is a institutional quid pro qua. These people are worst then any terrorist threat could be. @SGK: You are right, Phill Gramm has a special seat in hell waiting for him and Don Regan.

    Reply | Report abusive comment
  • Danny BuntinJuly 29, 2013 - 5:49 pm

    @G-MAN: Well my middle name is Richard, and I am not a Democrat. Your partisan blinders leads you around the arena like a fool. Barney Frank, the most powerful man in the world(According to huckster/Realtor G-Man). But what the hell, you made lots of money off this scam as well. I always have a little chuckle when I hear a real estate association ad on the radio or TV stating to talk to a realtor - HA. Worse then used car salesmen, with half the brains and ethics.

    Reply | Report abusive comment
  • G-ManJuly 29, 2013 - 11:09 pm

    You don't know me..my soul's intact.

    Reply | Report abusive comment
  • mike kirchubelJuly 29, 2013 - 6:56 pm

    Looks like G-child had one too many foundational bubbles popped.

    Reply | Report abusive comment
  • So Gary.....July 29, 2013 - 11:29 pm

    Would you like to have all yours sins forgiven, I know how to make this happen!...Here I will be flirty w/you one last time....Oh my precious Gary/Henry/Teddy Bear/Sweetness...You are a Snooker Ball, cause I'd have to really get all my angles correct, to score some points with you, to have you in my pocket.....Also have you ever been to Dubrovnik or Split?....Also you made a nice choice of car off that Bonhams Auction site.....I kind of liked this one...1930 Cadillac V-16 All Weather Phaeton Coachwork by Fleetwood, cause you could drive it in Parades and hopefully the back seat is big enough to make out in.

    Reply | Report abusive comment
  • rlw895July 30, 2013 - 12:30 pm

    Danny: The lesson is we should not mix Wall Street and government, and that means if you're a Wall Street product, you don't belong in government. Choose one or the other. After working on Wall Street, there should be a "detoxification" period before being allowed to work in government, the higher up, the longer the period of proving your social conscience. We should judge our presidents by how well they follow this "rlw895 rule." You don't need to know how to make a fortune on Wall Street or in banking to be good at regulating those industries. I'm completely unimpressed by Larry Summers and Robert Rubin. Not that they aren't smart guys, but I don't think there other successes qualify them to serve at high levels of our federal government. We should have learned our lesson by now.

    Reply | Report abusive comment
  • Time to Zen out ...to...July 30, 2013 - 12:42 pm


    Reply | Report abusive comment
  • Rich GiddensJuly 29, 2013 - 12:31 pm

    Again, Komrade Kirchebel leaves out volumes on how government caused the mess with their ''anybody regardless of creditworthyness may assume a mortage'' good intentions. No mention of the amended Community Reinvestment Act of 1977. No mention of Dodd Frank. Kirchebel just wants you to believe Republicans somehow discriminated against a minority homeowner when when he or she failed to pay for the home and it got foreclosed. Its easy to play a game like that with Mikey's mob of ''low information voters'' in California or New York ---that is, until people see the whole story about what happened with the housing bubble that burst. Government made credit easy. That increased demand and prices until the market couldn't sustain any further price increases and easy credit borrowers couldn't pay their bills. Who made the banking and housing rules? It wasn't Republicans. Chris Dodd and Barney Frank are DEMOCRATS.

    Reply | Report abusive comment
  • Mike KirchubelJuly 30, 2013 - 11:40 am

    Again, No Information Rich makes up his own history and reality. I guess it's easier to continue to believe your dogma than to understand what really happened. Thanks for your "input."

    Reply | Report abusive comment
  • rlw895July 30, 2013 - 12:47 pm

    Rich: You're a smart guy who sired an even smarter son. Pick up a copy of the Financial Crisis Inquiry Report and use it as a reference. Everyone should have a copy. If you want a more fun read, try Griftopia by Matt Taibbi. I swear he must have had an advance copy of the FCIR, but he actually must have followed the hearings closely and wrote from his notes. Very entertaining AND informative. That borrowers were sometimes shown to be stupid when given the opportunity goes without saying. But they never should have had the opportunity. Smarter people should not have been given rewards for finding stupid people to borrow money. The system was broken. There were LOTS of things wrong. All the "checks and backstops" were down. Pick one, any one, and the system would have worked, but changing human nature is not one of them. My personal favorite villain that failed to do its job was the private bond rating agencies. They gave AAA ratings to junk, reaped the rewards, and then pleaded "free speech" as their defense. Fine. Then that should have told us to get rid of them and create a government agency to rate bonds. Maybe someday, when your hated Democrats get supermajorities in both houses of congress, and the presidency, with a clear populist/progressive message to make such changes, it will happen. But right now all the Republicans and many of the Democrats are sellouts.

    Reply | Report abusive comment
  • sgkJuly 29, 2013 - 1:43 pm

    A big part of the the problem was the repeal of the Glass- Steagull Act in 1999 which passed in the Senate in the middle of the night pushed by Phil Gramm.

    Reply | Report abusive comment
  • rlw895July 29, 2013 - 9:30 pm

    And now Elizabeth Warren is authoring a "Glass-Steagall for the 21st century." It won't get a vote in the Senate unless Republican senators hear from their constituents to not do what they usually do.

    Reply | Report abusive comment
  • Mr. PracticalJuly 29, 2013 - 6:31 pm

    I'm surprised anyone is still commenting on Mike's column. He's been writing the same column for 3 years.

    Reply | Report abusive comment
  • mike kirchubelJuly 29, 2013 - 6:52 pm

    Thanks for commenting, Mr. P. I'm always looking for suggestions on Tuesdays.

    Reply | Report abusive comment
  • FibberJuly 29, 2013 - 7:17 pm

    Mr. Practical, you should know by now that most of the comments under little Mikey's weekly bash are either his own, are from his coterie, or have nothing at all to do with the subject. His column is as useful as the Sears, Roebuck catalog in the Chick Sale.

    Reply | Report abusive comment
  • rlw895July 29, 2013 - 9:31 pm

    We just know we can all meet here once a week. The conversations often end up on different subjects.

    Reply | Report abusive comment
  • Speaking of Witch.....Today Monday on InforwarsJuly 29, 2013 - 10:07 pm

    On this Monday, July 29 edition of the Alex Jones Show, Alex runs down the horrific and murderous pronouncement of author, political scientist, television host, "liberal" political commentator, and abortion advocate Melissa Harris-Perry, who believes life begins when parents feel like it does. Other abortion activists, remarkably, have advocated “post-birth abortion” allowing the murder of children until the age of three. Alex also covers the U.S. government’s struggle to maintain a semblance of credibility in the face of independent media – led by Drudge and Infowars.com – persistently exposing them for the pathological liars they are. On today's worldwide broadcast, Alex runs down other important news and takes your calls.

    Reply | Report abusive comment
  • G-ManJuly 29, 2013 - 11:11 pm

    He's a repeat offender

    Reply | Report abusive comment
  • Google...July 29, 2013 - 11:54 pm

    The Federal Reserve Is Bailing Out FOREIGN Banks … More than the American People or Economy Washington’s Blog July 28, 2013....................... We’ve extensively documented that the Federal Reserve is intentionally locking up bank money so that it is not loaned out to Main Street. Specifically – due to Fed policy – 81.5% of all money created by quantitative easing is sitting there gathering dust in the form of “excess reserves” … instead of being loaned out to help Main Street or the American economy............ And we’ve extensively documented that a large percentage of the bailouts went to foreign banks (and see this and this). (A 2010 Fed audit also revealed that of the $1.25 trillion of mortgage-backed securities the central bank purchased after the housing bubble popped, some $442.7 billion - more than 35% – were bought from foreign banks.)....... It turns out that these themes are all connected........... Specifically, most of the Fed-created money which is gathering dust is actually being held by foreign banks.......Please read the full article.

    Reply | Report abusive comment
  • Steppenwolf MonsterJuly 30, 2013 - 8:25 am


    Reply | Report abusive comment
  • Today Tuesday on InfowarsJuly 30, 2013 - 9:07 am

    On this Tuesday, July 30 transmission of the Alex Jones Show, Alex welcomes back Syrian Girl who exposes how the Obama-backed Free Syrian Army is actually supplying Al-Qaeda with anti-aircraft and anti-tank weapons. Mainstream media sources have recently attempted to paint a false picture of the FSA and Al-Qaeda as being divided. In order to really emphasize Obama's continued suffocation of small business owners, Alex talks to top children's magician Marty Hahne, better known as Marty the Magician. Recently, the U.S. Department of Agriculture forced Marty to get a license for the rabbit that he pulls out of his hat. Now the Obama Administration wants Marty to also submit a 32-page "disaster plan" for the rabbit. Nightly News host David Knight comes in studio to announce the second place winner of Operation Paul Revere. Alex will also take your calls and answer your questions throughout the broadcast.

    Reply | Report abusive comment
  • Solutions we need SolutionsJuly 30, 2013 - 9:20 am

    IMPORTANT POINT...#1...JUST SAY NO TO EVIL...Jeb Bush and Hillary Clinton....#2.. In a Constitutional Representative Republic, the only real solution to actually change things is to elect Presidents, Senators, House of Representatives on down to State and County Level and City Councils that are not controlled (and both the Democrats and Republicans are controlled) by the New World Order Agenda.....So how do we vet, and elect Righteous Candidates....this is the question...#3...We need to get rid of the Federal Reserve...read Web of Debt by Ellen Brown....No More National Debt by Bill Still and Vile Acts of Evil by Mike Kirchubel....#4...We need to drill our own oil in the US to become energy independent....#5...We need to start re-industrializing the USA and make our own stuff.....#6...Stock up on Food and buy a gun....But it all starts w/electing righteous candidates for political office.

    Reply | Report abusive comment
  • http://www.rollcall.com/politics/senateseniority.htmlJuly 31, 2013 - 9:31 pm

    Put above in your Browser = Senate Seniority List — 113th Congress.....So which of these people need to be outed?....When are they due for re-election (hopefully NOT)....OK.... So.. Somebody in the know, also please make a list of the most egregious (evil) to the least evil and explain why they are evil...Please....Thanks

    Reply | Report abusive comment
  • R U not Proud of me rlw?July 31, 2013 - 9:46 pm

    I can use BIG WORDS also...I excoriate you rlw for your egregious, incorrigible past behavior towards me = UR A BAD DUDE, GO AWAY!

    Reply | Report abusive comment
  • http://www.rollcall.com/politics/houseseniority.htmlJuly 31, 2013 - 9:54 pm

    Put above in your Browser = House Seniority List — 113th Congress.....So which of these people need to be outed?....When are they due for re-election (hopefully NOT)....OK.... So.. Somebody in the know, also please make a list of the most egregious (evil) to the least evil and explain why they are evil...Please....Thanks

    Reply | Report abusive comment
  • Google...July 30, 2013 - 9:35 am

    Restricted U.S. Army Internment and Resettlement Operations Manual May 2, 2012 publicintelligence net.....The Bible for FEMA camps in the USA? Google also Army reeducation camp manual....Preparations for Martial Law and rounding up any dissenters from the NWO take over. WAKE UP PEOPLE

    Reply | Report abusive comment
  • GoogleJuly 30, 2013 - 10:21 am

    Society’s insanity plea: The real cause behind global mass poisoning The downfall of modern civilization Mike Adams Natural News July 30, 2013

    Reply | Report abusive comment
  • Presidential SecretsJuly 30, 2013 - 10:45 am


    Reply | Report abusive comment
  • Black Ops OperativeJuly 30, 2013 - 10:47 am


    Reply | Report abusive comment
  • GoogleJuly 30, 2013 - 10:51 am

    Chip Tatum Delta...or The Pegasus File - Part 1 - Deep Black Lies......Their mission is to fly “Delta Teams” on covert assignments (assassination teams).

    Reply | Report abusive comment
  • HmmmmmJuly 30, 2013 - 11:02 am

    Deep Black Ops CIA team leaders/CIA heads met w/the Illuminati/Bilderberg on Jupiter Island Florida.....But even at this top level some of the very top people did not fully realize the NWO agenda....It was all about propping up the system so that the US gets it's oil, the $ remains the world reserve currency and the false communist domino theory did not take hold (remember the illuminati invented and installed communism in Russia and China)...It really is like what DeCamp said in the book The Franklin Cover Up comparing it to the Book Billy Budd...the system was evil but was seen as having to be upheld no matter what....But now we realize that the Goal is to erase US Sovereingty and meld it into the NWO.....We are being set up to crash by the Banking Powers....WAKE UP Military Industrial Complex...unless you are real important to them and already have your safe billet you will go down with the rest of us.

    Reply | Report abusive comment
  • Remember....July 30, 2013 - 11:30 am

    The Banking Powers set up the wars worldwide and the rest of us stupid schmucks fund and fight the wars for THEM....We the US now have no moral standing....we are killing innocent people worldwide....WAKE UP....but remember THEY the Illuminati control the Central Banks Worldwide, especially our Federal Reserve ...so the question is How much of China and Russia do the Illuminati control at this time...All, or just some?.....Illuminati operatives exist in the Governments of all countries.

    Reply | Report abusive comment
  • This one is IMPORTANTJuly 30, 2013 - 11:08 am

    Google.... Plans for Redrawing the Middle East: The Project for a “New Middle East” Globalresearch

    Reply | Report abusive comment
  • Google....July 30, 2013 - 12:04 pm

    Brzezinski advisor Obama or Senior Advisor To Obama, It's easier To Kill A Million People, Than beforeitsnews com....This one is interesting.....Obama Adviser Leads Delegation to Damascus By ELI LAKE, Staff Reporter of the Sun | February 12, 2008......basically backs up the point of Rep/Dem same same....also shows much advance planning, this being 2008.....So basically Brzezinski plays for the Dems and Kissinger plays for the Repubs....but really they are on the same Globalist/Banker team, playing tag team.

    Reply | Report abusive comment
  • How Z-Big created Osama and the TalibanJuly 30, 2013 - 12:13 pm


    Reply | Report abusive comment
  • Just one more....July 30, 2013 - 12:25 pm

    Google....2008 Presidential Charade Promises Deepening Government Criminality & Expansion Of War By Larry Chin 1-13-8 rense...(lists all the advisors for the 2008 presidential candidates)....or in General google..kissinger advisor mccain romney

    Reply | Report abusive comment
  • Still Report #85 - Channel 66 Israel interviewJuly 30, 2013 - 3:17 pm


    Reply | Report abusive comment
  • Today Wednesday on InfowarsJuly 31, 2013 - 8:46 pm

    On this Wednesday, July 31 edition of the Alex Jones Show, Alex welcomes back UK activist and CCTV cameraman Steve Jolly to discuss his ambivalence towards the surveillance state and his experience addressing the UK Parliament where he scrutinized the Protection of Freedoms Bill. Alex brings in Infowars reporter Lee Ann McAdoo to uncover the government's involvement in international sex trafficking. He will also discuss the rising corruption inside government agencies such as TSA following a new government report that states TSA's misconduct has increased by 26% in the last three years. Alex will confirm his affirmations about Obama's distaste for small businesses after the President admitted in a speech yesterday that he believes the top tax rate should be 28% for corporations and a whopping 40% for small businesses. Today Alex talks about the U.S. Director of National Intelligence releasing three new declassified documents exposing the depth of the NSA spy scandal. Finally, Alex will announce the first place winner of the film contest.

    Reply | Report abusive comment
  • Educate Yourself Please....On BankingJuly 31, 2013 - 9:06 pm

    This one is IMPORTANT...it is a summary of the Book Tragedy and Hope by Professor Carroll Quigley, who was a Globalist Insider...So Please Google...Tragedy and Hope - Want To Know wanttoknow (dot) info.........................."The powers of financial capitalism had [a] far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert by secret agreements arrived at in frequent private meetings and conferences." -- Quote from Caroll Quigley's Tragedy and Hope, Chapter 20

    Reply | Report abusive comment
  • Today Thursday on InfowarsAugust 01, 2013 - 5:22 pm

    On the Thursday, August 1 edition of the Alex Jones Show, Alex analyzes the letter to Obama penned by Snowden's father's legal counsel, comparing his administration's persecution of the NSA whistleblower to the war crimes addressed during the Nuremberg trials, claiming civil disobedience is necessary to obviate unjust laws or practices. Alex also breaks down the heckling of NSA head General Keith Alexander at a security conference in Las Vegas Wednesday as he faced an upset, privacy and liberty-minded audience. On today's show, Alex welcomes World Net Daily CEO, editor and columnist Joseph Farah to discuss Obama's ramped up surveillance state in the face of public and congressional criticism, as well as fallout from the George Zimmerman verdict and the possible contention of conservative libertarian Rand Paul for the GOP's nomination. Alex will also take your calls during this live, worldwide broadcast.wwwinfowarscom....wwwprisonplanet.tv

    Reply | Report abusive comment
  • EVERYONE IS INVITED!!!!August 01, 2013 - 5:48 pm

    Solano Tea Party Patriots.....Invites you to attend (THIS IS REALLY IMPORTANT!) .........The Monday August 5th meeting 6:00 - 8:00 pm....at Benicia Grill II...2390 N. Texas St. Fairfield CA.......To Meet CA Gubernatorial Candiate and Current Assemblyman TIM DONNELLY..... Doris... got a call from the media this week. They will be following Tim to our meeting on Monday, Aug. 5th............................ LET'S SHOW THEM WHAT THEY'RE COMING TO SEE.... TEA PARTIERS AT THEIR BEST....IN STRONG NUMBERS... BE THERE....BRING FRIENDS. It's time to rise up again. Let's start NOW..!!.......SHOUT OUT TO The Daily Republic and The Vacaville Reporter....your People should attend and REPORT...OK?????????

    Reply | Report abusive comment
  • mike kirchubelAugust 01, 2013 - 6:13 pm

    Free beer and pizza? Tempting, but I dont think these guys want to hear what i have to say.

    Reply | Report abusive comment
  • Free Enterprise Society Rally -- Chelene NightingaleAugust 03, 2013 - 8:02 pm


    Reply | Report abusive comment
  • Chelene Nightingale......August 03, 2013 - 8:07 pm

    Was a Worthy Contender for the office of Governor of California, but the Media ignores Third Party Candidates that are highly worthy of Consideration by the Voters of California.

    Reply | Report abusive comment
  • 4 U Anything U Want!August 01, 2013 - 7:24 pm

    If you behave yourself I will protect you, be there OK?

    Reply | Report abusive comment
  • A Contest....August 01, 2013 - 8:36 pm

    Between Michael, CD, rlw, Gary/Henry, Fibber, Mr. Practical and Mr. Buntin.......What are the 10 best most relevant questions you would like to ask a Candidate for Governor of California?.......Pretend they are questions for a Gubernatorial Candidate Debate for example........ Anyone else that wants to participate, please do....My money would be on Mr. Buntin having the best questions, although Mr. Practical could have his organization help him with the best questions.

    Reply | Report abusive comment
  • http://www.c-spanvideo.org/program/295957-1August 01, 2013 - 9:25 pm

    The Brown/Whitman debate w/Tom Brocaw..Oct 12, 2010

    Reply | Report abusive comment
  • Solano County Taxpayers AssociationAugust 01, 2013 - 10:07 pm

    Has a new website.....solanocountytaxpayers (dot) com......SCTA August Meeting @6:30 August 14, 2013 @ IHOP 1435 Ary Lane Dixon CA...Solano County District Attorney Don DuBain will be the guest speaker.....We need some more members, anyone interested please attend...Thanks

    Reply | Report abusive comment
  • rlw895August 02, 2013 - 5:30 am

    I would ask how the governor plans to engage the public this time so that the peripheral tunnels pass. Now, how about a limerick on big words?

    Reply | Report abusive comment
  • CD BrooksAugust 02, 2013 - 6:53 am

    I would ask for the immediate removal of stop signs traffic lights and speed controls within the state.

    Reply | Report abusive comment
  • SavetheRepublicAugust 02, 2013 - 8:59 am

    OK, but you do a BIG WORD limerick first rlw.

    Reply | Report abusive comment
  • Google...August 02, 2013 - 9:05 am

    It’s Official, Everyone Is Now A Terrorist According to The US Government Anthony Gucciardi Infowars.com August 2, 2013...........It’s official, every single American can now be classified as a terrorist by the US government. The label of ‘terrorist’ no longer applies to members of al-Qaeda of ‘extremists’, but the average citizen of this nation

    Reply | Report abusive comment
  • CD BrooksAugust 02, 2013 - 9:11 am

    Then I’d ask for local military personnel to provide our police and fire services

    Reply | Report abusive comment
  • Today Friday on InfowarsAugust 02, 2013 - 9:12 am

    On this Friday, August 2 edition of the Alex Jones Show, Alex covers the fact the Benghazi attack was an arms deal gone bad, a story we broke weeks ago when the corporate media was throwing out cover stories to see what would stick. He also takes a look at DARPA's effort to engineer a 47th chromosome. On today's show, Alex welcomes back British journalist and author James Delingpole who recently revealed that 97 percent of climate activists are taking money from big oil. Delingpole will also talk about Halliburton agreeing to plead guilty to destruction of critical evidence after the Gulf of Mexico oil spill in 2010. Alex also talks with film editor and director Michael Dorhmann, winner of the Paul Revere Contest.

    Reply | Report abusive comment
  • GoogleAugust 02, 2013 - 9:17 am

    Your TV might be watching you By Erica Fink and Laurie Segall CNNMoney August 1, 2013...........The flaws in Samsung Smart TVs, which have now been patched, enabled hackers to remotely turn on the TVs' built-in cameras without leaving any trace of it on the screen. While you're watching TV, a hacker anywhere around the world could have been watching you. Hackers also could have easily rerouted an unsuspecting user to a malicious website to steal bank account information

    Reply | Report abusive comment
  • GoogleAugust 02, 2013 - 9:42 am

    Fast and Syrious: Obama’s Gun-Running Benghazi CIA “Title 50″ Covert Action Operation With Syrian Rebels Strawmen for Al-Qaeda — Videos raymondpronk Posted on May 11, 2013..............or in general Google...CIA gun running Benghazi Syria............ Retired Army Lt. Gen. William G. Boykin—who is the former commander of the U.S. Special Forces Command, the former deputy undersecretary of defense for intelligence and who, in the 1990s, worked with the CIA—told CNSNews.com in a video interview last week that he believes it is a reasonable supposition that the U.S. was supporting or planning to support the Syrian rebels via Benghazi, Libya.

    Reply | Report abusive comment
  • Some things still need explainedAugust 02, 2013 - 9:49 am

    1. Like how much TARP money went to European Too Big to Fail Banks......2. For the Vietnam vets and to show that "All Wars are Banker's Wars"...explain the Rothschild/French banking connection to the Vietnam war...explain the Golden Triangle drug connection to the Vietnam war.....In other words what was the Illuminati rationale for the Vietnam war? Who gained from the Vietnam war?

    Reply | Report abusive comment
  • CD BrooksAugust 02, 2013 - 9:52 am

    *Then I’d ask that cigarette sales be removed from the state.

    Reply | Report abusive comment
  • http://www.allgov.com/usa/ca/officialsAugust 02, 2013 - 10:04 am

    Interesting it lists all the Government officials for the State of California.......We need to send the higher ranking officials of the CA State Patrol a copy of the Book........ The County Sheriff: America's Last Hope Paperback – January 1, 2009 by Sheriff Richard Mack...........All law enforcement officers should read this book.

    Reply | Report abusive comment
  • @CDAugust 02, 2013 - 10:08 am

    HMMMMMMMMMMM...I would ask that you CD be arrested and put in private custody at my house.......Could you please be serious about this....once again we find that you have no real credibility.

    Reply | Report abusive comment
  • What happened to the....August 02, 2013 - 10:17 am

    Turkish Ambassador at Benghazi...also Seal Team 6 was assassinated by our own Black Ops w/a Bomb on planted by our own Black Ops/Corporate Globalist Black op henchman. Why Because Osama was dead by late 2001, early 2002 of natural causes.

    Reply | Report abusive comment
  • CD BrooksAugust 02, 2013 - 12:19 pm

    Then I’d ask the Governor to outlaw guns and have them removed from every household in the state.

    Reply | Report abusive comment
  • CD BrooksAugust 02, 2013 - 12:34 pm

    I hate it when I don't have credibility...again.

    Reply | Report abusive comment
  • CD BrooksAugust 02, 2013 - 1:06 pm

    Then I’d ask that StR and her cast of a thousand aliases be permanently banned from print media. (After my custody at her house and she is done taking advantage of my captivity).

    Reply | Report abusive comment
  • Not letting me post again?August 02, 2013 - 11:27 pm


    Reply | Report abusive comment
  • The Democrats and Republicans both in on the crashAugust 02, 2013 - 11:29 pm

    Google....Illuminati Planning Another Financial Crash? June 20, 2012 henrymakow com.............The PBS Documentary "The Warning" proves the Illuminati bankers deliberately sabotaged the financial system before 2008. This was not the first time nor will it be the last.

    Reply | Report abusive comment
  • ContinuedAugust 02, 2013 - 11:38 pm

    Alan Greenspan, Robert Rubin and Lawrence Summers were in charge in 1998. Their then-deputies, Timothy Geitner and Ben Bernanke are in charge now. All are Fed or Goldman Sachs alumni. This is like asking cocaine addicts to regulate drugs. The hand signs and the fact that no significant regulation has taken place, suggests market turmoil again will be used to bring down the US (and world?) economies, cause a depression and usher in the New World Order. The 2008 credit crash was immensely profitable for the central bankers. The US national debt has increased $5 trillion under Obama, representing roughly a 33% increase. Most of that has gone to the bankers......9/11 was an inside job under Bush and Cheney...Obama is a puppet of the Illuminati also....How quickly we forget Aurora and especially The Newtown School shootings were preplanned PSYOPS that Obama was playing too.....The Illuminai was trying to accomplish another agenda point, which was the disarming of US citizens....So see both the Obama/Clinton and Bush/Cheney administrations are devoted to evil.

    Reply | Report abusive comment
  • Unfortunately Mr. Obama is a creation of the CIAAugust 03, 2013 - 10:19 pm

    CIA espionage activities conducted by his mother, Stanley Ann Dunham in 1960s post-coup Indonesia on behalf of a number of CIA front operations, including the East-West Center at the University of Hawaii, the U.S. Agency for International Development (USAID), and the Ford Foundation. Dunham met and married Lolo Soetoro, Obama’s stepfather, at the East-West Center in 1965. Soetoro was recalled to Indonesia in 1965 to serve as a senior army officer and assist General Suharto and the CIA in the bloody overthrow of President Sukarno.

    Reply | Report abusive comment
  • Mr. Obama's GrandmotherAugust 03, 2013 - 10:24 pm

    Meanwhile, Dunham Soetoro’s mother, Madelyn Dunham, who raised young Obama when he returned to Hawaii in 1971 while his mother stayed in Indonesia, was the first female vice president at the Bank of Hawaii in Honolulu. Various CIA front entities used the bank. Madelyn Dunham handled escrow accounts used to make CIA payments to U.S.-supported Asian dictators like Philippines President Ferdinand Marcos, South Vietnamese President Nguyen van Thieu, and President Suharto in Indonesia. In effect, the bank was engaged in money laundering for the CIA to covertly prop up its favored leaders in the Asia-Pacific region.

    Reply | Report abusive comment
  • They are MonstersAugust 03, 2013 - 10:57 pm

    Google......Friday, August 25, 2006 Natascha Kampusch; Dutroux 10 year-old Natascha Kampusch was kidnapped in 1998 dutroux (dot)BlogSpot (dot) com......But also remember that the Clintons are friends and business partners w/the Bushes..... Also see the current Jimmy Savile Scandal going on in England.......Just say NO TO EVIL....Hillary Clinton and Jeb Bush

    Reply | Report abusive comment
  • ContinuedAugust 03, 2013 - 11:00 pm

    Cools had most imprudently announced to the Belgian press after his return from Switzerland, that he would soon release startling evidence about corruption in Belgium's growing arms industry and its ties to the Canadian billionaire Bronfman brothers, a number of major U.S. political figures and republican fat cats with influence reaching into the inner circles of the Bush White House................................ Among the names that Cools promised to present evidence on were Dick Cheney, Neil Bush, Frank Carlucci, Donald Rumsfeld and members of the powerful Republican Barbour and Racicot clans who all own large shares in major arms manufacturers as well as Britain's Jonathan Aitken, Thatcher's secretary of state for defense who had large holdings in a string of British arms suppliers and was a leading figure in the Tory Party hierarchy.

    Reply | Report abusive comment
  • Illuminati Tactics/The Six Principles of Global ManipulationAugust 04, 2013 - 9:57 am


    Reply | Report abusive comment
  • Today Sunday on InfowarsAugust 04, 2013 - 3:19 pm

    Today on the Sunday, August 4 broadcast of the Alex Jones Show, Alex covers the real story behind Benghazi, how the alternative media broke the story months ago, and how the corporate media is attempting to claim ownership and spin the story as the truth once again undercuts government lies and misinformation. Alex will revisit last year's interview with Lt. Col Anthony Schaffer whose sources said Obama ordered a hit on Ambassador Chris Stevens. On today's worldwide broadcast, Alex will also breakdown the reasoning and timing behind the Worldwide Terror Alert issued by the government as it reels in reaction to the latest Benghazi revelations and attempts to commandeer political events and the response of the public as it learns the real story in the alternative media.

    Reply | Report abusive comment
  • GoogleAugust 04, 2013 - 3:25 pm

    Confirmed: Benghazi was Cover-up of Arms Transfer to al-Qaeda Government whistleblowers exposed real story early on to alternative media. Kurt Nimmo and Alex Jones Infowars.com August 4, 2013

    Reply | Report abusive comment
  • Recent Articles

  • Enter your email address to subscribe and receive notifications of new posts by email.

  • Special Publications »

    Use of this site constitutes acceptance of our Terms of Service (updated 4/30/2015) and Privacy Policy (updated 4/7/2015).
    Copyright (c) 2016 McNaughton Newspapers, Inc., a family-owned local media company that proudly publishes the Daily Republic, Mountain Democrat, Davis Enterprise, Village Life and other community-driven publications.