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.

Saturday, December 17, 2011

The Greatest Lie Ever Sold To Debtors By Creditors

By Tom J. Kennedy

There is an ongoing and heated debate over whether we-the-people are expecting this deepening Recession to slide into a deadly Depression.

Public confidence about our orthodox economy of usury-based, debt money is in steady decline. It is time to write and talk about the falsehood of usury.

The fact of the matter is that for almost a Century (since 1913) we-the-people of Canada, the United States and elsewhere have been lied to, deceived and hoodwinked about the truth of modern money creation.

Over the past 98 years, an abundance of wealth has been stolen from debtors (individuals, families, businesses, cities, towns, municipalities, provinces, states, countries, nations, etc.) by ruthless creditors within the cabal of usury bankers.

Ongoing research reveals that while the creditors who are positioned at the top of the global banking pyramids know the truth about modern, money creation, neither the debtors nor the lower-level creditors (the common banking staff who authorize loans) have any understanding about how the design flaw of usury – a malfunctioning software tool – facilitates the ongoing theft of wealth by creditors from debtors.

Unfortunately, until the latter years of the 20th Century, this was the “greatest lie never told.” As we progress into this 21st Century, we need to network the truth about “The Greatest Lie Ever Sold To Debtors By Creditors.”

Revealing Quote:
First, let us focus on a quote from the book “War Cycles, Peace Cycles” authored by Richard Kelly Hoskins in 1985. In the Introduction it is written: “If there is only $10.00 in existence, and you lend it to someone under conditions that he repay $11.00, and if he agrees to this, he has agreed to the impossible.”

Explaining about Biblical Times, on page 2 of “War Cycles, Peace Cycles,” Richard Kelly Hoskins writes: “Since Seth could not pay his debt of 11 talents when there were only 10 talents in circulation, he must forfeit his collateral. His livestock went first, his lands next, then his children were sold into slavery as well as his wife, and then he himself became a slave. This is where most slaves come from – debt.”

During Babylonian Times tens of thousands of Babylonians who could not pay their debts were herded into captivity. In fact, the creditors – the greedy priests of Baal enslaved a large number of debtors to slaves and their ‘system of usury’ spread to the lands wherever the Babylonian armies conquered.

During these modern times, early in this 21st Century, not much has changed. Tens of thousands of desperate debtors are being herded into economic enslavement by greedy and ruthless creditors.

It’s The Usury, Stupid:
There will not be a major expansion in economic freedom in Canada or elsewhere on planet earth until we-the-people adopt the mantra: “It’s the usury, stupid.” Readers may recall that in 1992, James Carville, Bill Clinton’s campaign manager was credited with inventing the quote: “It’s the economy, stupid.” It is unlikely that James Carville had followed a self-imposed course of study titled “Usury 101.” Otherwise he would have proudly cited the quote: “It’s the usury, stupid.”

Due to the dedicated work of many competent researchers during the latter years of the 20th Century, and in the early years of this 21st Century, it is now becoming more apparent that: “It’s the usury, stupid.”

Indeed, to fully understand the nature of any modern or historic economy, one must be re-educated about the design flaw of usury and its evil and immoral malfunction in relation to historical and modern economics.

About Inflation:
Economists who follow conventional economies continue to make errors about the cause of inflation in spite of the fact that during the early 1980’s, John ‘The Engineer’ Turmel from Ottawa, Ontario, Canada proved conclusively that inflation is directly caused by the design flaw of usury.

In the book, “Grace and Mortgage” by Bishop Peter Selby, Bishop of Worcester, ISBN 0-232-52170-0, page 116, it is written: “ As Galbraith remarks, higher interest rates, it is hoped, will curb inflation. These comments of Galbraith illustrate why, although the rising of interest rates is the weapon against inflation chosen by those who profit from it, it is also clear that as a method it cannot finally work. John Turmel, a Canadian civil engineer and campaigner against usury, has in two long articles brought algebra, plumbing and poetry to bear on the task”

The Big Lie of Economics: Inflationgate by John “The Engineer” Turmel
Bank Math by John “The Engineer” Turmel
What Every UsuryFree Creative Is Invited To Do NOW!

Yes, proof positive has been researched, documented and revealed. The design flaw of usury controls orthodox economics so that it obscenely profits the creditors (the global banking cartel), while the common people (the debtors) endure severe, financial stress because for lack of knowledge – they keep signing impossible loan and mortgage contracts and have little or no knowledge about how modern banking really works.

The Eighth Annual UsuryFree Day & Week (November 13th to 19th, 2012) will be celebrated by active, usuryfree creatives who will keep repeating the uplifting message that usuryfree living for the whole world is now possible. Are you listening? Are you prepared to do your part to expose the Greatest Lie Ever Sold To Debtors by Creditors?

Don’t wait for the Eighth Annual UsuryFree Day & Week, tell the truth NOW and they will listen. Share printed literature, books, audio CDs, film documentary DVDs, etc. with family, friends, neighbours, working colleagues and anyone who is ready and willing to be re-educated. Plan an event NOW in your local community and start making plans for a larger event to celebrate the forthcoming, Eighth Annual UsuryFree Week in November 2012.


At 9:23 AM, Anonymous Wayne Walton Facebook said...

Dr. Ron Paul/Mises/Austrian economics is loyal opposition to the parasitic usurers. "Sound money"/"end the fed" do NOT threaten usury money creation. Instead of borrowing paper/digital money from the bankers, we will borrow gold/silver money instead, and the elite will rule/confiscate assets.

We can start usury free currencies TODAY as Ithaca NY has had for 20 years.


At 1:47 AM, Anonymous Anonymous said...

Interestingly (no pun intended), the flow diagram at the top of your post illustrates why the argument that agreeing to pay interest is agreeing "to the impossible" is flawed.

In the real world, instead of paying 11$ at the end of the term for a 10$ loan, I would agree to pay 1$ a month for 11 months. After 1 month I pay the bank 1$ and have 9$ remaining. If the bank then uses that 1$ in income to buy widgets from me, then I will have 10$ in savings and 10$ in remaining debt. I can then pay off the bank while avoiding bankruptcy.

The interest is paid, effectively, by transferring real resources from me to the bank. I obtain those real resources by building widgets using the die press I bought with my loan from the bank. If we didn't live in a crony capitalist system, the interest the bank receives would be its reward for financing a risky investment.

What happens if the bank doesn't spend the 1$ and instead saves it? This might cause a usury-collapse in our theoretical world, but in the real world bank savings take the form of government bonds. The 1$ goes to the government who then spends it into the economy, becoming private sector income. The private sector can then use this to pay off its debts, even with interest.

Of course, this means that the government must perpetually run a deficit. There is no good reason to suggest why it can't. In fact, government deficits have been the norm throughout modern history.


Post a Comment

<< Home