12-3-03

Usury

Cathy CareerWoman: "I just heard that Steve borrowed money from a loan shark!"

Patty PTAMeeting: "What??? Why did he do that??"

Cathy CareerWoman: "The bank turned him down for a loan. The bank's loan officer, Mr. Goldfeldbergwitz, said Steve had too little income to qualify for a loan. So Steve found some guy at the race track to loan him some money."

Patty PTAMeeting: "Doesn't Steve know that he has to pay an outrageous interest rate to that loan shark -- in addition to maybe getting his legs broken if he fails to repay the loan?"

Cathy CareerWoman: "I hope he knows. Gee, what kind of sleazy people would loan out money in such a grossly unfair manner? That's so immoral."

We can answer Cathy's question. Loan sharks are late comers in the game of outrageous money-lending. Guess who invented the outrageous interest rate? Let's hear what Mark Twain says about the matter of usury [i.e. loaning out money at outrageous interest rates]:

"The Jew has his other side.........He has a reputation for various small forms of cheating, and for practicing oppressive usury, and for burning himself out to get the insurance, and arranging for cunning contracts which leave him an exit but lock the other man in, and for smart evasions which find him safe and comfortable just within the strict letter of the law, when court and jury know very well that he has violated the spirit of it." -- essay "Concerning the Jews," by Mark Twain, here:
http://www.boondocksnet.com/twaintexts/concerningjews.html [note that Twain pulls his punches, since even in that era Jews dominated many areas of America life]. More on Jewish usury here:
http://jewishtribalreview.org/04usury.htm

Usury

I find it amazing how many people will speak 'against' usury
and yet how few people will speak of the only modern society/
country that placed a total ban on usury -

-a country that made usury illegal!

.

I find it amazing how many people will speak 'against' usury
and yet how few people will speak of the only modern society/
country that placed a total ban on usury -

-a country that made usury illegal!

.

Didn't most middle eastern countries make illegal usury, but interest as well?

Didn't most middle eastern countries make illegal usury, but interest as well?
I don't know about middle eastern countries but usury is flourishing in America.
You don't have to go to a loan shark to deal with usury. Millions of Americans
are trying to pay their high balances on high interest credit cards every month.
When Dubya came into office one of the first things he did was to repay the
credit card industry( who gave him a lot of dough) by prohibiting people from
declaring bankruptcy in order to avoid paying their credit card balances.

Islam has prohibited all forms of interest.

Interest rates are a legitimate business practice. Individual A wants something now, not later when he can save up the money. In order to do so, he must find another individual to pospone his consumption and loan the money today and exchange it for money in the future.

Let me ask you, what is more valuable, a dollar today or a dollar one year from now? Of course, today.

Usury, is generally defined as interest that is above and beyond decency.

Individual A does have the option to forgo the purchase of the present good and save up his money, instead of borrowing money with a high interest rate.

The challenge is really about educating individual A about economics and what all his options are. Let the jew charge outrageous rates, that is his business. It should be our business to do business only with those that we trust.

Usury laws are unecessary.

Didn't most middle eastern countries make illegal usury, but interest as well?

Ha! Right. Perhaps that's why the Yids hate 'em so much!

Intrest may even work well in a money/economics system based
not on old YHVH's Desert Bandit's "gold and silver" confidence game.

Let us look to history and see:

The power of an image is simplicity and clarity. Today, I want to give you such an image - small but lovely and exquisite, of a world that could have been.

It is taken from General Leon Degrelle's "Hitler: Democrat":

". . . they all began to live as comrades, the workers knowing that the rich man's son was not a monster, and the young lad from the wealthy family knowing that the worker's son had honor just like another young fellow who had been more generously favored by birth.

Social hatred was disappearing. A socially united people was being born.

It was always like that in the Third Reich. No foreign spectator, however mulish, could fail to appreciate that.

Hitler had envisioned housing that would be beautiful, cozy, and on a grand scale. He didn't intend to house the German people as his predecessor had, in rabbit warrens. Those great barracks filled with human beings on the outskirt of labor town filled him with horror. Most of the houses he designed were single story detached dwellings, with a small garden where the kids could romp, the wife could gather a few salad greens, and the man could read his newspaper in peace after his day's work.

Loans amortizable in ten years were granted to newly married couples who wished to settle permanently in their homes. At the birth of each child, a fourth of the debt was canceled. Four children at the normal rate of a new arrival every two years and a half, and the family had no more payments to make.

(Degrelle) expressed (his) astonishment at this to Hitler one day.

"But then, you never get back the total amount of your loans?"

"How so?" he replied, smiling. "Over a period of ten years, a family with four children brings in more than our loans in the taxes levied on a hundred different items of consumption."

Every tax revenue increased proportionately with the increase in the cost of Hitler's social programs. Tax returns quite naturally tripled in a few years.

There was never a financial crisis in Hitler's Germany. . . "

http://www.whiterevolution.com/forum14/modules/coppermine/albums/userpics/10194/normal_private_joe_louis_says-us.jpg

"It is necessary that I should die for my people, but my spirit will rise from the grave, and the world will know that I was right."

(Adolf Hitler, 1889 - 1945)
http://www.zundelsite.org/english/zgrams/zg1997/zg9704/970420.html

The classic definition of usury meant any type of interest, the other definitions are modern. I also agree that it should be illegal.

The classic definition of usury meant any type of interest,
the other definitions are modern. I also agree that it should
be illegal.
TylerD Sir,

These excerpts are only from the 1920-45 period but perhaps
they might be of some interest.

Excerpt from:

The Twenty-Five Points
Political Platform of the Original NSDAP (National Socialist German Worker's Party) 1920

The two most widely read "authorities" on the subject, namely, W.L. Shirer and Alan Bullock, have vehemently denounce the Twenty-five Points in their books but have been careful to avoid actually setting forth those Points so that their readers could judge for themselves.

Adolf Hitler has emphasized the two cornerstones of the program:

THE COMMON INTEREST BEFORE SELF-INTEREST -
-THAT IS THE SPIRIT OF THE PROGRAM.

BREAKING OF THE THRALDOM OF INTEREST -
-THAT IS THE KERNEL OF NATIONAL SOCIALISM.

(Noun: Thraldom: slavery; bondage; The state of being under
the control of another person.)

10. It must be the first duty of every citizen of the State to perform mental or physical work. The activities of the individual must not clash with the interests of the whole, but must proceed within the framework of the community and must be for the general good.

We Demand Therefore:

11. Abolition of incomes unearned by work. BREAKING OF THE THRALDOM OF INTEREST. (Thraldom is Slavery)

12. In view of the enormous sacrifice of life and property demanded of a nation by every war, personal enrichment through war must be regarded as a crime against the nation. We demand, therefore, the total confiscation of all war profits.

13. We demand the nationalization of all businesses which have (hitherto) been amalgamated (into trusts).

14. We demand that there shall be profit sharing in the great industries.

15. We demand a generous development of provision for old age.

16. We demand the creation and maintenance of a healthy middle class, immediate communalization of the large department stores and their lease at a low rate to small traders, and that the most careful consideration shall be shown to all small traders in purveying to the State, the provinces, or smaller communities.

18. We demand ruthless war upon all those whose activities are injurious to the common interest. Sordid criminals against the nation, usurers, profiteers, etc., must be punished with death, whatever their creed or race.

19. We demand that the Roman law, which serves the materialistic world order, shall be replaced by a German common law.

THE COMMON INTEREST BEFORE SELF-INTEREST -
-THAT IS THE SPIRIT OF THE PROGRAM.
BREAKING OF THE THRALDOM OF INTEREST -
-THAT IS THE KERNEL OF NATIONAL SOCIALISM.

(Noun: Thraldom: slavery; bondage; The state of
being under the control of another person.)

.

As I understand it Islam banned interest because of usury, which was mainly a Jewish thing. Yet another way for Muhammed and the boys to defend themselves against the Jews. However, interest is legal all over the Middle East today, and in countries where they have a symbolic ban they instead have "fees," designed to be the same thing.

On a related note: when are we going to punish Italy for the invention of accounting? Millions of economics students suffer every year because of this cruel and unusual punishment.

I ask you, when Vikings explored the world, did they have to weigh down their ships with tomes full of receipts? When the Huns filled their bags with Roman gold, did they have to stop and fill out forms as well? If the Romans would have already invented accounting at that time the Huns would never have dared approach the Iberian peninsula. :D

As I understand it Islam banned interest because of usury, which was mainly a Jewish thing. Yet another way for Muhammed and the boys to defend themselves against the Jews. However, interest is legal all over the Middle East today, and in countries where they have a symbolic ban they instead have "fees," designed to be the same thing.

On a related note: when are we going to punish Italy for the invention of accounting? Millions of economics students suffer every year because of this cruel and unusual punishment.

I ask you, when Vikings explored the world, did they have to weigh down their ships with tomes full of receipts? When the Huns filled their bags with Roman gold, did they have to stop and fill out forms as well? If the Romans would have already invented accounting at that time the Huns would never have dared approach the Iberian peninsula. :D

I have felt your pain. I took a course in accounting a few years back and, while it wasn't difficult, it was the most boring, tedious classes that I have had to endure.