Usury Remains Untouched -
Jim Kirwan

"We [have] dismantled the most ancient of human laws, the law against usury, which had existed in some form in every civilization from the time of the Babylonian Empire to the end of Jimmy Carter's term." From: Infinite Debt, Harpers' Magazine - How Unlimited Interest Rates Destroyed the Economy." By Thomas Geoghegan

THOMAS GEOGHEGAN: In the article, that appeared in Harper's, I've talked about the fact that we've not focused enough on the big deregulation that precedes all other deregulations, and that's the ceiling that has existed on the financial sector since time immemorial on the amount of interest that banks can get from their clients, their customers, their depositors. Historically, and even up through movies like It's a Wonderful Life with Frank Capra and Mr. Potter and George Bailey, the interest rates in this country were capped at eight percent, nine percent. In the 1970s, we began to deregulate this, and then we had a massive big bang with a Supreme Court case that effectively knocked out all the interest rate caps. And we have today, taken as common, that banks can charge 17, 18, 19, 30, 35 percent, not to mention payday lenders charging 200, 300, 400 percent in states like Illinois, California."

"If you're able to charge 30 percent or, in a payday lender case, 200 or 300 percent, you don't care so much if the loan-in fact, you actually want the loan not to be repaid. You want people to go into debt. You want to accumulate this interest. And this addicted the financial sector to very, very, very high rates of return compared to what investors were used to getting in the real economy, the manufacturing sector, General Motors, which would give piddling five, six, seven percent returns.

So the capital in this country began to shift in the financial sector. That's why the financial sector began to bloat up. That's why we ended up, by 2006, having a third of all profits going into the banks and the financial firms and not into the real economy." (1)


These cords of dynamite that blew the lid off interest caps; have taken away our freedoms and insured that, like our money, our financial options have nearly been destroyed. This all began with the appointment of Gerald R. Ford and the 25th Amendment that made his administration possible. Ford did a lot more than just officially pardon Nixon: because he also appointed Rockefeller as his VP, who was able to quietly connect all those secret decisions that linked corporate banking to the military-congressional-industrial-complex; which opened the way for the formal creation of the New World Order, and simultaneously unplugged the public from any role in this entire travesty, as depicted in the 1974 illustration above.

The recent changes in the Bankruptcy laws, penalize individuals far beyond what most people can afford: while at the same time Congress liberalized the Business Bankruptcy Laws to the point where when a business goes bankrupt today; this amounts to taking a brief shower that allows them to shed all of their most painful obligations while retaining all their assets. In other words; Bankruptcy for Businesses is the exact opposite of what happens to individuals, when they are forced into personal Bankruptcy. And it is this form of bankruptcy that awaits the automotive industry, and probably almost every major corporation that still has labor contracts or social obligations to their employees, such as retirement accounts, or medical guarantees. So when you hear about how dire things will be if one or more of our major industries is about to be forced into bankruptcy, you might want to run it through this simple lense-before deciding as to "what will be lost."

The 'Bankruptcy Card' now belongs completely to the owners, just like their "get-out-of-jail-free" Card. There are so many different facets to their use and abuse of Usury that it literally boggles the mind. But then that is why 'Usury Laws have existed in some form in every civilization from the time of the Babylonian Empire,' except for now, under the watchful eye of the Illuminati and the New World Order.

For instance; 'the problem' that Obama and Geithner supposedly addressed was "toxic housing stocks" when the real problem is still "toxic banks, and their thoroughly criminal practices and procedures. By the end of January of this year the FED had already dispensed $11.5 Trillion to the shadow government of this country-yet MSM is currently claiming that only $4 Trillion plus has been allocated thus far (about a third of the actual amount). Until government begins to level with the public this monstrosity will only get bigger because the real causes of all our problems are in the details of everything they say they're doing; and are not mentioned in any of the endless press conferences that Obama continues to give. (2)

Yesterday's announcement offered this "deal" to the taxpayers. 'We put up 94% of the investment while the private financial institutions put up 6% of the investment: Then we and the "vulture capitalists" each get 50% of the profits, if there are any. This is the brilliant plan that Geithner and Obama would not reveal the details of, the first time they tried to force this down our throats. Yesterday was a re-run, nothing new, except that this time they were comfortable with telling us about this, as they were certain that none of the idiots in the public would understand what is really going on.

There are no real changes in the way that bonuses are paid either, except for AIG. They failed to mention this part of that deal as well. The changes only apply to AIG, and not to any of the other obscene bailouts or the outrageous bonuses paid to their executives-because as usual they haven't fixed the system: They have only tinkered with one instance of 'a problem' that managed to seriously anger a great many people. What happens when and IF the public ever learns the truth about the entire monetary collapse that is continuing without interruption in the real world? I'd love to hear about what happened to that $11.5 Trillion (as of 1-31-09) that has since been added to, no doubt: How about you, aren't you even curious?

There is a 'solution' floating around out there in the shadows: it's called the 28th Amendment and could, if enacted, eliminate the corporate personhood status, that has caused all this criminality to have such a hugely successful run through this lawless place that it has structured, since that travesty was successfully created out of the 14th Amendment.

The 14th Amendment was used by the corporations to acquire personhood. But the 14th Amendment was intended to protect the then recently-freed African-American slaves from racism-just one more example of the strong-arm legal tactics used to alter this Republic and turn it into just another fiefdom of, by and for, the Super-rich! (3)

If we do not begin to protect ourselves from this government, then we shall become the new slaves that the Illuminati and the New World Order were formed to create here, in the first place.

kirwanstudios@sbcglobal.net

1) Thomas Geoghegan on "Infinite Debt: How Unlimited Interest Rates Destroyed the Economy" - video & partial transcript http://www.democracynow.org/2009/3/24/thomas_geoghegan_on_infinite_debt_how
2) Delusion & Denial http://www.kirwanesque.com/politics/articles/2009/art17.htm
3) Proposed Amendment to Article 28 http://www.realdemocracy.com/28web.htm