The UsuryFree Eye Opener

The UsuryFree Eye Opener is the electronic arm of the UsuryFree Network. It seeks active usuryfree creatives to help advance our mission of creating a usuryfree lifestyle for everyone on this planet. Our motto is 'peace and plenty before 2020.' The UsuryFree Eye Opener publishes not only articles related to the problems associated with our orthodox, usury-based 1/(s-i) system but also to the solutions as offered by active usuryfree creatives - and much more for your re-education.

Sunday, February 14, 2010

Money As Debt II

By Tom J. Kennedy

'Money as Debt II’ is the new dual pack. It contains a copy of Money As Debt I and Money As Debt II - a total of 77 minutes. This dual pack was released in the summer of 2009.

Money As Debt I is a 47 minute DVD created by Paul Grignon from Gabriola, British Columbia, Canada. Money As Debt I was released in 2006.

I describe this dual pack Money as Debt II as colourful entertainment with an educational twist. The intent is to share these two DVDs with people and get them fully interested and halfway to an understanding of all topics related to 'money as debt.'

Paul has interspersed a series of historical banking quotations throughout these DVDs. He also uses cartoon characters in a very effective manner to explain 'What Is Money.' Then using these cartoon characters to relate a 'Goldsmith's Tale' that explains the history of gold as money and how the idea of interest or usury was conjured up by the goldsmiths who became greedy.

Finally, Paul presents a good explanation of 'The Money System Today' wherein he shows how money in our modern society really represents debt. He shows graphically how banks create money from the borrower's promissory note. He points out that the amount of money in circulation is equal to the total amount of debt. He also confirms that loans do not come from depositors' funds which is the misleading impression held by most people.

Paul gives a short history of usury and explains how there was a time in history when every religion opposed usury. He summarizes that the charging of interest or usury is a moral and practical problem in this 21st Century because the banks create the principal of any loan but they never create the interest or usury that is exacted and added to any loan payment. The design flaw of usury is amply illustrated for the evil function that it is.

Finally, Paul spends some time on proposals that will change the orthodox system of usury-based finance. He advocates the usuryfree LETS (Local Employment Trading System) software and illustrates paper notes of usuryfree time currency as usury-free debt money.
He shows an example of personalized money with the creator's picture on it. It visually makes the point that we can issue "personal and usuryfree debt money" without the involvement of banks. Paul recommends that local communities establish independent, local barter networks as the last, best defense against the New World Order's plans for a one world usury-based, electronic money supply where every transaction is tracked by the system. In summary, usuryfree community currencies are the optimal, emergency-preparedness model for any community.

In closing, Paul presents a permanent usuryfree money proposal that can be implemented by any level of government. Such a proposal would free us from the Economic Dictatorship that currently is the shadow behind all levels of government - municipal, provincial/state and federal.

Most people that I have shown these DVDs to say that they want (need) to see them more than once. I recommend this DVD set for anyone's library as it can be a great teaching tool to share with those who are ready and willing to learn what formal education neglects to teach.

The UsuryFree Network is promoting the DVD 'Money As Debt' as a fundraiser to raise money for the Sixth Annual UsuryFree Day celebrations on Saturday, November 13th, 2010. In fact, that week is designated as UsuryFree Week and usuryfree creatives in various communities are planning events to recognize that usuryfree living is possible and probable for those who make the choice to free themselves from the scourge of usury. More details about the events to celebrate UsuryFree Week will follow in the summer and fall of 2010.

The UsuryFree Network is marketing the 'Money As Debt II' DVD pack with a retail value of $25.00 (Canadian Funds) or its equivalency in any other national currency. This is payable in Canadian Funds or in the alternative $20.00 Canadian Funds and $5.00 usuryfree community currency. Any usuryfree community currency is accepted whether in Canada or the United States or elsewhere.

Readers are encouraged to buy an extra copy and gift it to any social, environmental or electoral reform group or organization as such groups need to know that unless the money-as-debt-plus-interest system is fundamentally reformed, no other reforms will ever succeed, at least not for long. Encourage these groups to view this entertaining explanation about money and then recommend it to their members and the public. Any further suggestions in this regard are welcomed and appreciated.

My pitch to social justice, environmental and electoral reform activists is that, without monetary reform, political reforms will not achieve the goals intended - fundamental power lies in money creation, not laws. And without electoral reform, monetary reform is not going to happen. In this way, I see the 'Money as Debt II” set of two DVDs helping to enlist a wide variety of social activists behind the demand for both electoral and monetary reform.

Enjoy this day!
Working with you for “peace and plenty” by 2002
Tom J. Kennedy otherwise known as 'Tommy UsuryFree Kennedy' &

PS: As an active UsuryFree Creative, I am available for contract to help any community organize a local usuryfree community currency. See details below.

Please forward payment (cash, cheque or money order) for your order to:
Tom J. Kennedy, The UsuryFree Network,
P. O. Box 9333, Ottawa, Ontario  K1G 3V1
Tel: 1.613.824.1793  Email:


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