June 29, 2020 at 6:37 pm #171241
We’re both correct Wolf. Jews became the primary bankers of the banking system because they were essential for clearing houses (because they shared a common language (Hebrew) for international commerce), and usury (charging interest on loans) became an issue because the Roman Catholic Church forbade it. As I mentioned, people became indebted to banks (whether interest mattered or not) and it created a lot of resentment.
The New Testament does not forbid usury. On the contrary the parable of the talents, told by Jesus, seems to condone it. The Old Testament allowed usury for those who could afford it, but forbade usury for the poor, as in other laws aimed to assist the poor, like when harvesting don’t glean the corners of the field, but leave that for the poor to pick through.
The Old Testament law was for corporate Israel to govern itself under in a theocracy. Many of the O.T. laws were for the court system. Christians are not bound to do not adhere to Old Testament law, except for some Christian sects like Seventh-Day Adventist.
And sorry to pick a bone with Catholics here, but Martin Luther posted his 95 theses on a church door to kick off the Protestant Reformation. Those 95 theses were church laws mandated by the RCC that lacked scriptural basis. The Catholic Church has eased up on charging interest and now allows it.June 30, 2020 at 9:51 am #171267David RParticipant
Someone should make a movie about America if it was a Socialist country, and have it written by someone who’s not a left wing wacko!June 30, 2020 at 11:25 am #171277
You know what the bad part is David? In a few months, they may be able to imprison you for the wacko statement. That’s the sad part about all of this.June 30, 2020 at 1:02 pm #171281Lisa BParticipant
This is video and song weren’t played in the U.S. when it came out…June 30, 2020 at 6:19 pm #171292WolfParticipant
Knobsman, Usury was seen as a sin or criminal act throughout most of history for one very simple fact:
It consumes societies (and the planet) for it requires endless growth.
Hence it is the root cause of the world’s suffering. It has been how the Banksters have taken control of nations, formenting wars and destruction in the process.
“There has never been a war my sons did not want” … Rothschild Matriarch.
It requires more money than is leant out to repay. In simplistic terms, if I lend you a dollar at 10% you must pay back that dollar PLUS 10%. Where does the extra come from?
The ancients recognised the threat it portrayed to their cultures, which is why almost every single culture forbade it (often upon penalty of death).
Even Judaism used to see Usury as sinful. Over time it became ‘acceptable’ to charge interest on money lent, but only to ‘goyim’ for it was fine to steal from them for they were not ‘of the tribe’.
Usury consumes society and the planet because it creates a need for endless consumption. Some historians argue that it was one of the primary factors in the death of most ancient civilisations.June 30, 2020 at 6:58 pm #171295
Wolf, Yes, it consumes societies, but how would society advance without it, or why would banks lend money if they could not get a return on their investment? What other system of lending money do you propose? Or do you propose it would be better to have no system of lenders?
Bankers like the the Rothshchild Matriarch saying “There has never been a war my sons did not want” doesn’t necessarily mean they caused the war, but during wartime governments borrow money to fund the war, and the banks profit.
It took years, but I eventually paid off my student loans. I needed those loans to pay or my education.
I agree credit card debt is a problem in the world. Those not wisely using those cards is a problem. I pay my cards off in full every month.June 30, 2020 at 8:18 pm #171298
You do put things in a different perspective, giving me food for thought like, “It consumes societies (and the planet) for it requires endless growth.” I can’t argue with that. The economy is driven by greater profit with both hardships and rewards. That’s a hallmark of capitalism. An alternative, people in more communist societies have some benefits, but tend to suffer not only economically, but in many ways, including freedoms vanquished to support the collective. I suppose no system is perfect and creates its own set of hardships and benefits.June 30, 2020 at 8:36 pm #171300WolfParticipant
Many a ocieties advanced fine without it, some for centuries.
Usury encourages reward for no effort. In a fair society or civilisations structure there is a balanced exchange of energy which encourages return/reward for production instead.
There are many examples of usury free structures where a man can receive honest exchange for honest work.
I would suggest looking into the system set up by the National Socialists.
There was a reason Winston Churchill stated after the war: “Germany’s crime was to deny international finance the chance to profit.”
Churchill was backed by those exact same international financiers.
Or even look at the system the USA used prior to 1913. Yes there was usury but the government was not knobbled by it.
Instead money was poured into the system as needed because the government controlled the printing presses.
How do you think Germany went from starvation in the streets and an agrarian society to the industrial powerhouse of the world during the 30s?July 1, 2020 at 12:25 am #171309
Social Justice Isn’t JusticeJuly 1, 2020 at 12:37 am #171310
How To End White PrivilegeJuly 1, 2020 at 4:23 am #171313SHANNON DParticipant
Looks like Boston, where our revolution started, has now lost there senses..July 1, 2020 at 4:33 am #171314SHANNON DParticipant
We need to start pressuring the people who are supposedly on our side. I am so sick of so called Republicans do nothing but talk…July 1, 2020 at 5:04 am #171315
What Was the Enlightenment?July 1, 2020 at 6:35 am #171318CeliaParticipant
I’m also curious what the incentive would be for lenders if there were no interest/fees. I understand what you’re saying about honest exchange for honest work but how would that work in our modern society?
I am not a huge fan of modern banking but I also don’t know how to realistically distance myself from it. Sure, its great to talk about paying cash for everything but I am a single person making an average salary. I only have one credit card that I use for emergencies, but I could not have afforded to go to college or purchase my home without loans. Even decent used cars are difficult to obtain without financing these days. The ones in my “cash sale” price range often have more problems than they’re worth.
Some of the local communes here in Virginia open up their compounds for public tours once a year where they explain their living/workshare systems. I’ve attended a few simply out of curiosity. Its interesting, but it doesn’t interest me. I enjoyed lived in tight quarters with many people in college/my early 20s but I don’t think I could do it now. I also like to keep my earnings and our local groups require that – on top of workshare – you to donate any external income to them. No thanks.
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