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6139008-History-of-Money

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Under today’s usury system, new debt always exceeds the new money no matter how much or how little is borrowed, thetotal debt increasingly outstrips the amount <strong>of</strong> money available to pay the debt. The people can never, ever get out <strong>of</strong>debt! An example will show the viciousness <strong>of</strong> this usury-debt system with its "built in" shortage <strong>of</strong> money. If $60,000 ISBORROWED at 14% for 30 years, $255,931.20 MUST BE PAID BACK. However, and this is the fatal flaw in a usurysystem, the only new money created and put into circulation is the amount <strong>of</strong> the loan, $60,000. The money to pay theinterest is NOT created, and therefore was NOT added to "money in circulation." There is therefore no way all debtors canpay <strong>of</strong>f the money lenders. As they pay the principle and interest, the money in circulation disappears. All they can do isstruggle against each other, borrowing more and more from the money lenders each generation. The money lenders(Illuminati Bankers), who produce nothing <strong>of</strong> value, slowly, then more rapidly, gain a death grip on the land, building, andpresent and future earnings <strong>of</strong> the whole working population.Thomas A. Edison (New York Times, 6th December 1921): "People who will not turn a shovel <strong>of</strong> dirt on the project,nor contribute a pound <strong>of</strong> material, will collect more money, from the United States, than will the people, who supply allthe material and do all the work. This is the terrible thing about interest (usury) ... But here is the point: If the nation canissue a dollar bond, it can also issue a dollar bill. The element that makes the bond good, makes the bill good, also. Thedifference, between the bond and the bill, is that the bond lets the money-broker collect twice the amount <strong>of</strong> the bond,and an additional 20%. Whereas the currency, the honest sort provided by the Constitution, pays nobody but those whocontribute in some useful way. It is absurd, to say that our country can issue bonds, and cannot issue currency. Both arepromises to pay, but one fattens the usurer and the other helps the people. If the currency issued by the people were nogood, then the bonds would be no good, either. It is a terrible situation, when the Government, to insure the nationalwealth, must go in debt and submit to ruinous interest charges, at the hands <strong>of</strong> men, who control the fictitious value <strong>of</strong>gold. Interest is the invention <strong>of</strong> Satan." "If our nation can issue a dollar bond, it can issue a dollar bill. The element thatmakes the bond good makes the bill good... It is absurd to say that our country can issue $30,000,000 in bonds and not$30,000,000 in currency. Both are promises to pay; but one fattens the usurer, and the other helps the people."US Constitution: "Congress shall have the power to coin money and regulate the value there<strong>of</strong>." This was written in thehope that it would prevent "love <strong>of</strong> money" from destroying the Republic. "No State shall enter into any treaty, alliance, orconfederation; grant letters <strong>of</strong> marquee and reprisal; coin money; emit letters <strong>of</strong> credit; make anything but gold andsilver coin a tender in payment <strong>of</strong> debts; pass any bill <strong>of</strong> attainder, ex post facto law, or law impairing the obligation <strong>of</strong>contracts, or grant any title <strong>of</strong> nobility." (Article I, Section 10)We shall see how subversion <strong>of</strong> Article I has brought on us the Bible Proverbs 22:7, i.e. the borrowers have become theservants to the lenders. Note that throughout history, people with hidden agendas have always tried to confuse (Babylonmeans confusion) usury with trading and slavery with business.T. David Horton, Chairman <strong>of</strong> the Executive Council <strong>of</strong> the Defenders <strong>of</strong> the American Constitution, ableLawyer and keen student <strong>of</strong> basic American history: "Under the Constitution, the Congress has responsibility <strong>of</strong>issuing the nation’s money and regulating its value Art. 1, Sec 8, Cl. 5… enable the Congress to resume its Constitutionalresponsibilities to regulate our nation's money by liberating our economy from the swindle <strong>of</strong> the debt-moneymanipulators by the issuance <strong>of</strong> national currency in debt fee form ... We have a certain amount <strong>of</strong> non-interest bearingmoney in circulation, all <strong>of</strong> our fractional currency, pennies, nickels, dimes, quarters, and half dollars. They aremanufactured in our mints, and are paid into circulation, circulate freely, and provide the government with a valuablesource <strong>of</strong> revenue. From 1966 through 1970 the amount <strong>of</strong> seignorage paid into the treasury by the mints amounted to inexcess <strong>of</strong> 4 billion dollars; the pr<strong>of</strong>it ratio on this type <strong>of</strong> currency is 6 to 1, or currency 6 times the cost <strong>of</strong> production.The cost ratio for the private Federal Reserve Notes is 600 to 1; however, during these same four years, 1986 through1970, 50 billion dollars in Federal Reserve Notes were manufactured by the bureau <strong>of</strong> printing and engraving and turnedover to the banks; not one cent in seignorage was paid over to the Treasury. ... Our Debt money system compels thegovernment to spend more than it takes in, because this is the only way we can keep the economy going..."Why is USURY FORBIDDEN? (Latin usus meaning "used" and the word usuria which means demanding inreturn for a loan a greater amount than was borrowed) There have been many leading figures in history who havecondemned usury and the power that goes with it. Besides those quoted, there were Benjamin Franklyn, Lord Acton,Ruskin, Dr Temple, (former Archbishop <strong>of</strong> Canterbury), Augustus John, (the painter), Dr M.A. Phillips, (creator <strong>of</strong> M&B693), Pr<strong>of</strong>essor Soddy, (the atomic physicist), and others. It <strong>of</strong>ten helps us to understand something if we examineorigins. Throughout recorded history the practice <strong>of</strong> usury, along with the practice <strong>of</strong> giving false measure, has beencondemned. Aristotle and Plato in ancient Greece denounced it as well as prophets in the Old Testament and earlyChristians. Yeshua-Joshua, it should be remembered, drove usurers out <strong>of</strong> the Temple in Jerusalem and this played a partin bringing about his apparent crucifixion by the Roman Pharisee King Pailatoos (Pilates). Buddhists have condemned itand the Quran does so as well (and probably other religious and non-religious books). While the old usurers at least lenttheir own money, the modern ones, the Bankers, are able to create it out <strong>of</strong> nothing.St. Thomas Aquinas, the leading theologian <strong>of</strong> the Catholic Church, argued charging <strong>of</strong> interest is wrong because itapplies to "double charging", charging for both the thing and the use <strong>of</strong> the thing. Aquinas said that a lender charges forthe loan by requiring the loan to be paid back, in other words, the payback for the loan is the charge for the loan. Anyfurther charge is a charge for using the loan. Aquinas said this would morally wrong in the same way as if one sold abottle <strong>of</strong> wine, charged for the bottle <strong>of</strong> wine, and then charged for the person using the wine to actually drink it (which isthe de-facto transaction when you take the loan and buy something with it).The Hidden <strong>History</strong> Of <strong>Money</strong> & New World Order Usury Secrets Revealed at last! Page 92

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