Breaking the Bondage of Interest

 

 

 

 

 

 

 

 

 

 

 

 

Usury is the “Hidden Hand” in history. It is behind wars and revolutions, booms and busts, and the travesty termed “poverty amidst plenty.” It causes civil wars and class wars. Many problems of the world could be resolved with clarity once the dust the money-lenders throw in one’s eyes is removed. The financial system is the means by which power politics functions at all levels.

As one historical example of the “hidden hand” at work: How many Anglophobic Irishmen understand the real reasons for the “potato famine”? Henry Kelliher wrote that anecdotes were told to him of the harrowing starvation of the Irish. It was subsequently that he found the Irish famine was the result not of over-population, as claimed at that time among some quarters – nor even due to food shortages, since it was only the potato crop that failed. In 1845 (while the famine was to claim the lives of 1,029,000) 779,000 quarters of wheat and flour, 93,000 quarters of barley, and 2,353,000 quarters of oats – enough to feed for a year every person who died of starvation, nearly four times over – were exported from Ireland.[24] Kelliher commented:

When the true story of Ireland is written it will be found that all that stood between starvation and the available plenty, was the crushing interest burden that had to be paid to outside money-lenders, that the country was not suffering from famine, but from what we choose today to call “depression.” A famine is the absence of food caused by a lack of food; a depression is the absence of food caused by a lack of food, caused by a deficiency in the medium of exchange – money.[25]

How many are aware that a major cause of the French Revolution, the epochal event that was one of the first victories of Money Power over Tradition, was caused not by the masses yearning to overthrow the tyranny of Monarchy, but by the economic dislocations caused by debt, when 50% of state expenditure went to pay interest to money-lenders? And so we might continue, up to the present: how much of the aggravation between Islam and the West is caused (apart from the betrayal of the Arabs dating back to the Balfour Declaration and the Sykes-Picot Agreement) by the aim of international finance to control the Islamic world, where usury is regarded as “sin,” as it once was by Western Christendom? Remove the “Hidden Hand” of usury and once the perspective becomes clear, issues might be resolved with justice between many that are presently at each others’ throats while the real culprits remain invisible.

Source

I was aware that debt was instrumental in the downfall of the French Monarchy, I haven’t before thought about the influence of money power, interest, and usury in relation to the Irish Famine. If so, people like Gerry Adams, Martin McGuinness should be hating international finance, not the English. It seems to me that our main enemy is the banks. Almost every evil thing can be traced back to the shadowy group of obscenely wealthy men, who sit in vast palatial piles, served by swarms of servants, indulging in every perversity one can imagine, and they manage to do this by accruing money from everyone else in the world. Whether it is states that borrow and then dump the interest payments on the taxpayers, businesses who are encouraged to take massive loans to expand, or just average people who are encouraged to take out mortgages, credit cards and loans. All of these things increase the wealth of the money lenders, and increasingly leads us into deeper poverty.

It is now common knowledge that the Russian Revolution was due in large part, to external funding of various revolutionary parties. Large Wall Street and City of London bankers loaned money to the newly established Soviet state, and the banks continued to fund the Soviets throughout the Cold War, right up to the end. It amazes me how people didn’t see this, how the McCarthys who were trying to root out communism in America couldn’t see their own government lending vast amounts of money to the Soviets.

We know that Germany and Japan rejected the powerful bankers in the thirties and were destroyed. Perhaps their economic policies were only a small part of the reason for war, but I can’t imagine it played no part at all. It was these same banks who profited from the blood bath of the Great War, they made money from every war since, huge amounts of money, they have indebted almost every nation in the world, they have indebted many individuals as well. And when they make their obscene profits, they hoard the money, when they lose, as they did four years ago, they make us pay again! So we use money, much of it borrowed from the banks at interest, and we bail out those very same banks with the very same money, we lend it at no interest, and then have to figure out how to pay back the trillions we borrowed to bail the banks out, to the very same bailed out banks.

They issue their own bailout money and we have to pay interest on it! How crazy is that? How absurd!

The banks need to go.

I like the idea of Social Credit, it seems a way in which we could use money, without drowning in debt and usury, perhaps when the inevitable happens, when the economy completely implodes, perhaps something like Social Credit can be used to restore the ruins of our economy .

The ongoing collapse

It is an interesting time.

The markets, house prices, commodities and consumer items continue their fall, the talking heads on Bloomberg and MSNBC are puzzled by what they term ‘irrational selling’, but what could be more rational then selling what is probably overpriced?

The incredible dumping of trillions of dollars into the markets and banks in the passed few weeks will fire a destructive inflation that will leave the people of the world aghast. These bailouts were not only immoral, but recklessly stupid.

Britain, under the guidance of the incompetent Brown, has over the passed few weeks dumped well over a trillion pounds into their banks and financial system, the GDP of Britain is not much more then one trillion, what happens when one does that? Massive debilitating inflation, am I the only one that knows that?

Here in Ireland our porcine Taoiseach Mr Cowen, has guaranteed the full amount of all deposits in all Irish banks! That may sound good, but what happens if that is tested, will we the Irish people be able to back that up?

Iceland has in all effects collapsed, it’s banks are nationalised, bank accounts of Icelandic banks and businesses have been frozen in Britain, under a terrorist act, something that sounds like an act of war!

This crisis is only at it’s beginning, there are many months ahead of crises, it shall take many months, perhaps years, before things have stabilised, and what we shall see will be a different order, perhaps one influenced by traditionalists?

Now is a time to hunker down and wait, in a few months it will be the time to take advantage of the situation.