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The global power of freemasonry - Gnostic Liberation Front

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and jealously guarded other gods from also receiving sacrifice. <strong>The</strong><br />

Babylonian exile was the Israelites' first contact with a more sensible<br />

philosophy and with culture... Through acquired historical data and partly<br />

through their own oral traditions a history <strong>of</strong> the Jews was constructed.<br />

<strong>The</strong> writings <strong>of</strong> the prophets constituted their own revisions <strong>of</strong> that which<br />

had been overheard in captivity."<br />

In ancient Babylonia the legal interest rate was 30 per cent on<br />

money and 50 per cent on grain. In Assyria there was no upper limit<br />

for the interest rate. <strong>The</strong> farmers were <strong>of</strong>ten so deep in debt that<br />

they starved to death along with their families. This led to ruthless<br />

exploitation <strong>of</strong> the soil.<br />

In the city <strong>of</strong> Uruk in Babylonia there lived two brothers who lent<br />

money with interest. When a borrower no longer could repay his<br />

loan, he lost his house and had to start working for free for the<br />

brothers. <strong>The</strong> slave could be lent also to other employers. This is a<br />

classical example <strong>of</strong> economic slavery.<br />

Almost 3700 years ago the ruler <strong>of</strong> Babylon, Hammurabi (1848-<br />

1805 B. C), who was descended from the Amorite dynasty, forbade<br />

through his law acts (containing 93 paragraphs) the taking <strong>of</strong><br />

interest on interest, which meant that the borrower, in addition to<br />

the assets he had borrowed, had to give the same amount in goods or<br />

money. Anyone who broke the rule was severely punished, though<br />

very few abided by it. <strong>The</strong> 282 statutes <strong>of</strong> Hammurabi written in<br />

Acadian were found in 1901 at excavations at Susa in ancient Elam<br />

(now Iran).<br />

Hammurabi understood that interest on top <strong>of</strong> interest would lead<br />

to a terrible economic burden that the people would not be able to<br />

bear. Because <strong>of</strong> that he felt it necessary to punish usury severely.<br />

<strong>The</strong> highest interest rate permitted was set at 20 per cent. Trade and<br />

the general economy immediately improved, though it was hard to<br />

adhere to the law. <strong>The</strong> Israelites enjoyed the practice <strong>of</strong> usury and<br />

eagerly started to exploit it.<br />

<strong>The</strong> prophet Muhammad demanded that usury be forbidden. He<br />

recommended that the lender should act as an investor who would<br />

140

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