Usury: Weapon of Control and Enslavement – Part 1 of 2
Paul Adams, J.D.
Activist Post
The world economy is based on the sand foundation of usury, which was considered a
sin and tool of covert warfare for thousands of years.
The rich rules over the poor,
And the borrower is servant to the lender. Proverbs 22:7
Let me issue and control a nation's money and I care not who writes its laws -- Attributed to Mayer Amschel Rothschild
The world financial system seems complex but it is actually very simple: a cabal of bankers has conquered the world by lending people and governments money that
does not exist and charging interest on it. No lasting economic recovery or increased standard of living is possible for the majority unless usury and the political power of bankers are abolished.
History
Usury is the lending of money with interest.
Historically, many cultures regarded the charging of interest for loans as sinful. Some of the earliest known condemnations of usury come from the Vedic texts of India. Similar condemnations are found in the
religious texts from Buddhism,
Judaism,
Christianity, and
Islam. At times, many nations from ancient China to ancient Greece to ancient Rome have outlawed loans with any interest. Though the Roman Empire eventually allowed loans with carefully restricted interest rates, the Christian church in medieval Europe banned the charging of interest at any rate.
Usury has been
denounced by a number of religious leaders and philosophers in the ancient world, including Moses, Plato, Aristotle, Cato, Cicero, Seneca, Jesus, Aquinas, Martin Luther, Muhammad, Gautama Buddha.
The ancient Israelites called usury "a bite." It is like the
slow poison of a serpent: "Usury does not all at once destroy a man or nation with, as it were, a bloody gulp. Rather, it slowly, sometimes nearly imperceptibly, subverts the victim's constitution until he cannot prevent the fatal consequences even though he knows what is coming."
The Old Testament "also classes the usurer with the shedder of blood, the defiler of his neighbor's wife, the oppressor of the poor, the spoiler by violence, the violator of the pledge, the idolater.”
Indeed, the only time the Prince of Peace became violent is when he cleansed the temple of the money changers.
… Jesus went up to Jerusalem. In the temple he found those who were selling oxen and sheep and pigeons, and the money-changers sitting there. And making a whip of cords, he drove them all out of the temple, with the sheep and oxen. And he poured out the coins of the money-changers and overturned their tables.
Modern churches and synagogues remain silent in the face of this great evil. And today, the
money changers (high-level bankers) have conquered the world with usury as their discreet weaponry. It is the fraudulent foundation of nearly all economies through debt-based currencies issued by privately owned central banks, fractional reserve lending, mortgages, credit cards, auto loans, business loans, and IMF loans.
The most
powerful money changers have established think-tanks with their ill-gotten gains, such as the Council on Foreign Relations, Trilateral Commission and Bilderberg Group, which control all major political parties (The Establishment).
To free the world of debt slavery and a
totalitarian world government run by money changers, it is necessary to understand these frauds.
Fractional Reserve Usury Banking
Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it all back again. However, take it away from them, and all the great fortunes like mine disappear, and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of Bankers and pay the cost of your own slavery, let them continue to create deposits. -- Sir Josiah Stamp (President of the Bank of England in the 1920s).
Local and large banks profit tremendously from the fraud known as fractional reserve lending. While bankers wear suits and appear respectable, they actually prowl around like roaring lions seeking someone to devour. It works like this:
I set up a Rothbard Bank, and invest $1,000 of cash. Then I 'lend out' $10,000 to someone, either for consumer spending or to invest in his business. How can I 'lend out' far more than I have? Ahh, that's the magic of the 'fraction' in the fractional reserve. I simply open up a checking account of $10,000 which I am happy to lend to Mr. Jones. Why does Jones borrow from me? Well, for one thing, I can charge a lower rate of interest than savers would. I don't have to save up the money myself, but simply can counterfeit it out of thin air. Since demand deposits at the Rothbard Bank function as equivalent to cash, the nation's money supply has just, by magic, increased by $10,000. The inflationary, counterfeiting process is under way.
To simplify, the inequity of the world’s banking system is the fact that the money borrowed from a bank is created out of nothing. On the other hand, the borrower must actually produce real goods and services to earn money to pay back the loan plus interest.
When bankers create money faster than the economy grows, the purchasing power of the dollar declines which is known as
inflation. The majority of the population is competing like wild animals during a famine to earn enough money to pay their debts and feed their families.
Home Mortgage Usury
A thirty-year-debt-slave is someone that has a home mortgage. First, the debtor is borrowing money that was created out of nothing through fractional reserve lending.
Second, after years of making payments, the debtor may become injured or unemployed. The bank will then foreclose and sell the house. The bank will keep the proceeds of the sale and all the principal and interest that the borrower paid prior to going into default. Therefore, the borrower, who normally puts down only 20 percent (or much less) of the purchase price, bears almost 100% percent of the risk despite the fact that the bank decided to loan the other 80% (or more).
Third, the cost of a home loan is approximately double the amount borrowed when thirty years of interest payments are included. For example, if a borrower with good credit buys a $300,000 house and puts down 20 percent ($60,000), the borrower will borrow $240,000 from the bankers. The interest on a $240,000 loan at 5% (a historically low interest rate) over thirty years is $223,813.88. Therefore, the total cost of the $300,000 home is actually $463,813.88 (not including property taxes and insurance).
Run the numbers yourself.
Credit Card Usury
Those who do not pay off their credit cards each month are slaves to usury. The average Annual Percentage Rate (APR) for a credit card in the United States is 14.95%. Credit cards with APRs above 20% are common.
In California, the Attorney General
admits that limits on usury applicable to individuals making loans “do not apply to most lending institutions such as banks, credit unions, finance companies, pawn brokers, etc.”
Student Loan Usury
Approximately 40 million Americans have
borrowed money to attend college. The average balance is close to $25,000. Nearly
50 percent of recent college graduates are unemployed or working in jobs that don’t require a college degree and pay accordingly. Students should know that in most cases student loans are
not dischargeable in bankruptcy.
The Federal Reserve
In the United States, usury originates through the
private Federal Reserve banking system.
The Creature from Jekyll Island documents the following individuals drafted the Federal Reserve legislation in secret at
Jekyll Island in 1910 (page 5 of the fourth edition):
- Paul Warburg, a partner of international investing giant Kuhn, Loeb & Company, a representative of the Rothschild banking dynasty in Europe, brother to Max Warburg who was head of the Warburg banking consortium in Germany.
- Senator Nelson Aldrich: business associate of J.P. Morgan and father-in-law to John D. Rockefeller, Jr.
- Frank Vanderlip: president of National City Bank of New York, one of the most powerful banks at the time, representing William Rockefeller and Kuhn, Loeb & Company.
- Henry Davidson: senior partner of J.P. Morgan.
- Charles Norton: president of J.P. Morgan’s First National Bank of New York.
- Abraham Andrew, Assistant Secretary of the U.S. Treasury.
- Benjamin Strong, head of J.P. Morgan’s Bankers Trust Company.
Woodrow Wilson signed the Federal Reserve Act into law on December 23, 1913. On that day, the U.S. government officially transferred its power to create money and regulate the value thereof to the world’s wealthiest private bankers. Furthermore, the U.S. government would now borrow money from private banks, enslaving its citizens with the national debt, rather than creating its own money interest free.
Former Federal Reserve Chairman Alan Greenspan publicly brags that the private banking cartel is
above the law and creates
unlimited money out of nothing to loan its insolvent borrower, the U.S. government.
David Lang, a
Federal Reserve employee, admits that the Federal Reserve is a private corporation that pays dividends to its undisclosed shareholders. The
head of security at the San Antonio Federal Reserve also admits the institution is private.
So who receives dividends from owning shares of the private Federal Reserve? Charts created by the
House Banking Committee Staff Report of August, 1976 reveal the following people and companies own shares in the Federal Reserve: Rothschilds, J.P. Morgan, the Warburgs banks, Lehman Brothers, Kuhn, Loeb & Company, Jacob Schiff, William Rockefeller, David Rockefeller/Chase Bank, and many others.
A
more recent study found that Bank of America, JP Morgan Chase, Citigroup, Wells Fargo and HSBC now have the power of the Federal Reserve at their fingertips.
The IRS and Federal Reserve
Like the Federal Reserve, the IRS was created in 1913. The purpose of the IRS is to enslave citizens by stealing the value of their labor through collecting income taxes; by force if necessary.
Tax Freedom Day 2013 arrived on April 18 this year, meaning that Americans will work 108 days into the year, from January 1 to April 18, to earn enough money to pay this year’s combined 29.2% federal, state, and local tax bill.
In other words, on average, the IRS and other tax collectors steal over 3.5 months of each Americans’ labor time each year.
The private Federal Reserve is
one of largest holders of U.S. government debt, owning approximately $1.794 trillion in U.S. Treasury securities. Much of the collected federal income taxes go towards paying interest on the national debt to the Fed for money that it created out of nothing and loaned to the government at interest. This unfortunate reality has been verified by
G. Edward Griffin,
Joe Plummer,
IRS whistleblower, Joe Banister, and many others.
In part 2 of this article, we will examine crimes associated with usury and practical solutions.
Paul Adams is your humble servant and a follower of Jesus Christ.
23 comments:
The simple answer is to not get into debt.
This is the easiest way to avoid the usurers.
Money lent by family members for education is seldom lent with interest provisions.
Live within your means until you can afford what you want.
The ultimate problem with the effects so usury is the lack of self control by the borrowers (both personal and governmental)
The attack on America has been since its inception. The foreign mafia banksters never wanted us to succeed because our Founding Fathers got it right. Understand clearly, America will NEVER succeed under control of foreign banksters.
Andrew Jackson, our 7th president, got rid of the 2nd Fed, the "Second Bank of the United States" because:
* It concentrated the nation's financial strength in a single institution,
* It exposed the government to control by foreign interests,
* It served mainly to make the rich richer,
* It exercised too much control over members of Congress,
* It favored northeastern states over southern and western states,
* Banks are controlled by a few sellect families.
And yet nearly 200 years later, this sounds ohh so familiar. Jackson succeeded in destroying the 2nd Fed by vetoing its 1832 re-charter by Congress and by withdrawing U.S. funds in 1833.
http://en.wikipedia.org/wiki/Andrew_Jackson
"Give me control of a nation's money and I care not who makes it's laws" — Mayer Amschel Bauer Rothschild 1836
1862: Lincoln prints $449,338,902 worth of "interest free" American greenbacks fo fund the civil war:
“We gave the people of this republic the greatest blessing they ever had, their own paper money to pay their own debts.”
1862: The Times of London (after Lincoln printed debt free money):
"If that mischievous financial policy, which had its origin in the North American Republic, should become indurated down to a fixture, then that government will furnish its own money without cost. It will pay off debts and be without a debt. It will have all the money necessary to carry on its commerce. It will become prosperous beyond precedent in the history of civilized governments of the world. The brains and the wealth of all countries will go to North America. That government must be destroyed or it will destroy every monarchy on the globe."
The Fed is up for renewal in December and not one politician is talking about it, by design. OKenya will quietly renew their contract in the middle of the night when Congress is out on holiday vacation. OKenya is their trojan horse.
Knowing how the dark scumpire works, they'll want to keep you distracted / mind control until then. When you're emotional, logical/critical thinking goes out the window. Expect more racist, prejudiced, bigoted, Consitutional attacks up until Christmas to keep you emotional. Expect something really big in December to fill their false narrative mind control propaganda machines (tv's) to keep you NOT talking about the Fed.
The Fed is the single most important cancer sucking the life out of this great country. They have brought us to Armageddon by design, why in God's name would anyone renew these same people/policies to stay on the road to destruction. If this roque gov renews the Fed, its is 100% certain destruction of this great Republic.
END THE FED. SAVE THE REPUBLIC.
While I am happy to see anything condemning usury, I do not think it is beneficial to dwell on the religious aspects of the problem. There are simple, valid, mathematical and ethical arguments against usury.
The author, as most, exhibits a real lack of understanding of the scope of the problem. Usury is not merely the charging of interest on money, it is greed in action.
Usury is the fine print in a contract. It's a law that favors the rich over the poor. Usury is simply cheating. Cheating is built into American culture. Mark Twain once said the Stars and Stripes should be replaced by the Skull and Crossbones.
Whenever I see an argument against "fiat money," or "printing money out of thin air," I realize the author lacks a real understanding of how money should work. It's funny, this guy got it right in the title (USURY) but then loses focus. If you print money against collateral, that is not "thin air." Fiat just means officially sanctioned (and hopefully impossible to counterfeit.) What kills you is the interest. No interest, ever.
Anyone who wants to begin to understand what is really going on with the "banksters" needs to read Mike Montagne's Mathematically Perfected Economy.
I can see part 2 heading down the Bill Still road -- a sad, unthinking path indeed.
Behold my indebtedness.
For I wear it like a badge of honor.
I’m a card carrying member of the credit kingdom.
I’ve borrowed money I can’t pay back, for things I can’t afford or need, to pretend to be something I’m not, to impress people I don’t like.
@ Anonymous at 8:56
There is no simple answer. Yes, yes, do not borrow money and you will not pay interest on those debts. But that is the tip of the iceberg. You must add:
Do not buy anything (to avoid sales tax)
Do not work, or work illegally (to avoid income tax)
Do not save money (to avoid loss of savings to inflation - another form of tax)
Do not own property (to avoid property tax)
Either pay rent and have no equity, or buy a house with cash (who the hell can do that?)
Do not go to college or university for education, or save money for education first (how do you get a job to do this?) Borrow money for education from relatives (if you have relatives capable of lending you tens of thousands of dollars).
This is only a partial list.
It is imaginary debt created off of imaginary money. Repudiate it. That is what humanity is going to have to do, either that or go ahead and bend over, drop your pants and start thinking of themselves as the slaves that they are.
The FED is not up for renewal. I wish it were!
FRNs are required to pay tax. You could avoid income, I suppose. The moneychangers will get you one way or another as long as they are government sanctioned.
The FED could be overturned tomorrow, if not for treason by our "elected officials." Every day under the FED is one more day of tyranny. Research PfMPE.
Anonymous @ 8:56 AM: Your thought process is frightening. These parasites harvest humanities energy like vampires, be it physical or creative mental labor, they harvest it through the illusion they call money, which is actually just pieces of paper (devil dollars) which they create from nothing. They then saddle their corrupt systems on backs humanity through force, violence and even death if you step out of line.. Wake up man!!. You clearly have been well indoctrinated and are a good little slave or a Troll. Either way you can go to work, pay them 1/2 of your life hear on this planet in terms of energy/labor and save up for the things you want. No matter they effing stole 1/2 of your life through their money schemes. You're just a slave that's clearly so dumbed down you actually enjoy your servitude. You should read some Aldous Huxley.. Seriously enjoy your servitude!
“A really efficient totalitarian state would be one in which the all-powerful executive of political bosses and their army of managers control a population of slaves who do not have to be coerced, because they love their servitude.” ― Aldous Huxley, Brave New World
This is all well and good information for the uninformed, but a number of people have
known about the banking cartel control of financial systems world wide for some
time now. However, Henry Ford did comment that if the american public really understood how the banking system worked that they would revolt the next day
and that it was a good thing that they did not know (needless to say no such revolt has occurred as of yet!).
A society whose 'educational' system's apparent goal has been nothing more than the production of brainwashed 'worker bees' whose minds have been pickled in left
brain rote learning can never be expected to make any substantive changes in the way people learn to think in terms of cognitive development skills, thought control, impulse control, or any manner of creative, independent thinking (ever notice on the
CSPAN broadcasts on cable t.v. how many 'independent' votes tally compared to the Democrat and Republican votes for bill passage in congress where over 261
congressmen and senators are millionaires?), as that would bring about the dismantling of the present banking system, in fact would have prevented its ever having come into existence in the first f***in place!
And, as the song goes it takes two to tango, we can expect Adolph Hitler's remark
(or so attributed to him on a History Channel Documentary!): "How wonderful it is
for governments that people don't think!" to continue to be the order of the day in
this present 'world system'.
As if usery wasn't bad enough, now we add fees on top of usery to double, triple, or quadruple total costs. An APR is uncalcuable with unlimited feeing. Even our non-profit member-owned credit unions are offering overdraft protection that can dwarf the 1st instance usery applied at a high-risk default rate by charging an equivalent fee for each instance you dip into the protection line-of-credit fund. How many times can you be charged an overdraft fee for covering further debits from the overdraft protection fund you just paid high usery on? They say unlimited while the courts say no more than 6 a day for the month you started dipping into the protection fund. So they, by offering overdraft protection, can fee you from 180 to infinity - depending on how many checks, swipes, ACHs, and debits per month. Sounds more like financial quicksand, not protection!
Where are the minds of the board members at? I worked at a CU when they started overdraft protection as a courtesy for all new members with a $1,000 monthly balloon loan. They said payday lending was the fastest growing business in America and they wanted a piece of the action. They didn't tell new members that old members were only paying pennies interest on any overdrafts covered by a small VISA account. I call that "f***ing the newbies" while protecting the "old guard" or "eating our children" as I watched my daughters checking account be ate up by over $1000/year thru fees on her financially-negligent, yet typical behaviour.
Interest charged above 7% was illegal in 1901. Once the banks controlled the legislators, the regulators cut them loose and today interest is seen well into double digits while interest payed upon savings has gone where?
" The marvel of all history is the patience at which men and women submit to burdens unnecessarily placed upon them by their governments." George Washington
Each of us has a brain to think with and are free to make decisions: don't snap at that offer of low interest and shiny new car or house or college education like a trout snapping at a fly. Human brain enables us to consider consequences of our decisions. If we make bad ones, only the decision-maker is responsible for the consequences, and no one else should be assigned by government to assume those consequences. Have no sympathy for those who make bad decisions; doing so is what's sinking our country in debt and stupidity.
Good article, but there were a couple of omissions that I thought I would submit here.
The first is that Jesus did not disapprove of usury at all, but actually heavily insisted on it, though he may not have approved of a Jewish synagogue being used to lend money, with or without interest.
Usury is forbidden only amongst Jews themselves, but when Jews lend money (invented out of thin air to the tune of 90% with fractional reserve banking) to Gentiles, they are instructed to fleece the Gentiles as heavily as they can get away with, though to suc*** Gentiles in, they do offer a derisory amount of interest.
The Parable of the Talents, Matthew 25:14-30, states;
“Then the man who had received one bag of gold came. ‘Master,’ he said, ‘I knew that you are a hard man, harvesting where you have not sown and gathering where you have not scattered seed. So I was afraid and went out and hid your gold in the ground. See, here is what belongs to you.’
“His master replied, ‘You wicked, lazy servant! So you knew that I harvest where I have not sown and gather where I have not scattered seed? Well then, you should have put my money on deposit with the bankers, so that when I returned I would have received it back with interest."
It is obvious that bankers do not give interest on money deposited with them unless they also lend money at interest. Jesus may have disapproved of Jews lending money in an inappropriate place, but he certainly instructed his disciples that he would want to make some money from nothing through banking it, using his fictional representation as the King in the parable, thus endorsing the financial chicanery of the Jewish bankers, who incidentally came en-masse along with the invading French Normans to England in 1066 with permission to practice fractional reserve banking to enslave the Britons as long as they gave 50% of the money they conned to the Norman king, and the other 50% of the money they ripped off they could keep themselves, with royalty and Jewish bankers eventually intermarrying as they have today throughout much of the world, with a bank effectively making you pay back a massive 30 times what you were really lent to buy a house, the vendor accepting 90% counterfeit money and introducing massive inflation into the economy, and this is the real cause of inflation, that your governments can never reveal to you.
Anyway, Jesus never existed, see 'Jesus King of Edessa', and 'The Diegesis', by Rev Taylor 1829, also 'Missionaries, They Do Not Know What They Are Doing', by Hugh Fogelman., which proves how Christianity and the Bible is a fraud, that in Latin, hid the truth from all the Christian dupes, that Jewish Jesus came to be the messiah of the Jews and the Jews alone. When Tyndale translated the Bible into English and uncovered this inconvenient truth, that Jesus was a Jew who came only for the Jews, he had to be silenced and the truth covered up, so the Bible was then adulterated to say that Jesus came to save Gentiles as well, and Tyndale was garroted to death by having his throat slowly crushed, and then his body was burned, by the 'Christians' (Jewish agents) who needed to keep the 'Christian' Gentiles mentally and physically enslaved by Judaizing them, giving them the false notion of some sense of heritage from the Biblical fictions to make them better slaves for the Jews.
Anonymous @ 8:56 you said: Money lent by family members for education is seldom lent with interest provisions???? Wow. Great thinking. I was raised in a very well to do family. Dad went to Ivy League Undergrad and Ivy League Law School. He and his brothers did quite well financially. ABSOLUTELY ZERO OF THEM (there are 6) and the extended family have $200k sitting around to help out a relative with their education expenses. I suppose if my family was in "central banking" though my kids might get a sweet 0% interest deal on a loan. Give me a break.
"Similar condemnations are found in the religious texts from Buddhism, Judaism, Christianity, and Islam."-- Not in the Talmud
The fed reserve is a group of wealthy con men who decided to take worthless paper, put silly occult pictures on it and brain wash you into selling your body and soul to obtain it. Hmmmm.....Why does humanity put up with such a con.???
There is no such thing as 'time value of money' - there is not such thing as 'reward for waiting' - these are two of the most specious concepts ever devised to justify the unjustifiable. If someone loans you money it is because they do not need it. Usury is evil and there is no amount of pig lipstick that changes this ugly fact.
If on one hand it is popular dellusion to ascribe stagnation in production and employment to insufficiency of circulation medium. It by no means follows on the other hand that an actual pacity of the medium in consequence of bungling legislative interference with the regulation the currency may not give wise to such stagnation.
Thank you for the article. Your top graphic is of the 1987 Norwich seminar proceedings published as "Usury, the root cause of the injustices of our time" which was recently republished with extra material as "Banking, the root cause of the injustices of our time": http://diwanpress.com/online-store.html?page=shop.product_details&category_id=21&flypage=flypage.tpl&product_id=118
2
You might find it interesting.
Thank you Paul Adams for writing such a well-written, succinct,article on the way money works. Why didn't I learn this useful information while attending public schools and state college? I even took a class in Economics 101.
I also appreciate the informative comments from other activists. Stay strong.and let's hope for smooth transitions away from evil. Let's all do what we can..
US Assistant Treasury Secretary who was at Jekyll Island was Abram Piatt Andrew Jr., not Abraham Andrew. According to Wikipedia.