Author Topic: Dont Borrow!  (Read 921 times)

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Offline MaterDominici

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Dont Borrow!
« on: July 02, 2011, 07:51:36 PM »
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  • The latest financial bailout of Greece, announced last week, has once more put off the day of reckoning for the European Union and maybe for the worldwide financial system, but that day is merely postponed, not cancelled. The problem is systemic. If democratic politicians want to be re-elected, they must borrow to pay for the free lunches on which they themselves have made the peoples insist, but the folly for individuals, families or nations of taking out loans upon loans cannot last for ever, and one day it comes to a crashing halt. Such peoples and politicians have today long been on the wrong road, because the decision to heap up loans is normally stupid or criminal.

     

    It is stupid if the basic wisdom has been forgotten of three lines of Shakespeare, worth volumes written by professional "economists":-- "Neither a borrower nor a lender be / For loan oft loses both itself and friend / And borrowing dulls the edge of husbandry." In other words a habit of borrowing accustoms one to not "husbanding" or looking after the resources one has. For instance, at least to begin with, money borrowed comes too easily, thus undermining the sense of money's value and the sense of reality, for instance how hard money can be to earn or eventually to pay back. As for lending, says Polonius (Hamlet, I, 3), not only are loans often not paid back, but also if I have lent to a friend who cannot pay back, he can be too afraid or ashamed to come near me again.

     

    However, not all lenders are stupid. A number of them are criminal, because they know that by lending money at usurious rates of interest they can reduce individuals, families and nations to poverty and slavery - "The borrower is servant" (or slave) "to him that lendeth" (Prov. XXII, 7). Certain credit cards are now paying between 20 and 30% rates of interest, yet the Catholic Church has always severely condemned usury. Usurers are criminals who destroy the fabric of society by impoverishing and enslaving their fellow men, or whole nations.

     

    In modern times usury takes different forms, say the Popes, and this is why the whole world should now be waking up to the fact that it has let itself be enslaved by the cunning money-men, who use their money to master the media and politicians in particular, and thus buy control of an entire society giving itself over to Mammon. The question then arises, how can God have allowed such a state of affairs to come about, and how can he now be meaning to allow the immense suffering that will come with the imminent financial crash and/or World War, both of which will have been engineered by his enemies to give them, as they hope, total world power ?

     

    The answer is that he has granted such power to his enemies because their cruelty and inhumanity serve him as a scourge to be laid across the back of a world that has turned away from him, and has preferred to take Mammon for its master - you cannot serve both God and Mammon, says Our Lord (Mt. VI, 24). And God will allow a great deal more suffering in the near future, because "In suffering is learning" (Aeschylus), and in fact only heavy suffering will today be enough to enable any significant number of souls worldwide to learn that their materialism and worship of Mammon are treacherous enemies of their one true interest, the salvation of their eternal souls.

    Mother of God, obtain mercy for us poor sinners !

                                          Kyrie eleison.  
    "If I could only make the faithful sing the Kyrie, the Gloria, the Credo, the Sanctus and the Agnus Dei ... that would be to me the finest triumph sacred music could have, for it is in really taking part in the liturgy that the faithful will preserve their devotion. I would take the Tantum ...

    Offline the smart sheep

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    Dont Borrow!
    « Reply #1 on: July 02, 2011, 08:42:29 PM »
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  • This is SPOT ON!!!

    We all got snared into this vicious circle of having to use credit cards, loans etc. Just like Greece. And just like Greece we try to solve our financing with more borrowing.  

    I believe we are going to be accountable for this.

    Greece did not have to take the buy out and neither do we.

    The bankers(Zionist) who have put us and Greece in this position have also given us a way out of it. If there wasn't a way out they would not have been able to fool whole countries.

    One example is to tell these bankers that you are a child of God. You are only here on earth to know, love, and serve God  and God willing you will then leave the earth to be happy with Him in heaven (basic catechism question #2). When you mark "transient foreigner" on a w8ben (amended form) you are clearly stating this point of belonging to God and His Kingdom.

    The Gospel of St. Matthew Chapter 17 addresses this issue with Peter.

    [21] And when they abode together in Galilee, Jesus said to them: The Son of man shall be betrayed into the hands of men: [22] And they shall kill him, and the third day he shall rise again. And they were troubled exceedingly. [23] And when they were come to Capharnaum, they that received the didrachmas, came to Peter and said to him: Doth not your master pay the didrachmas? [24] He said: Yes. And when he was come into the house, Jesus prevented him, saying: What is thy opinion, Simon? The kings of the earth, of whom do they receive tribute or custom? of their own children, or of strangers? [25] And he said: Of strangers. Jesus said to him: Then the children are free.

    [23] "The didrachmas"... A didrachma was half a sicle, or half a stater; that is, about 15 d. English: which was a tax laid upon every head for the service of the temple.

    [26] But that we may not scandalize them, go to the sea, and cast in a hook: and that fish which shall first come up, take: and when thou hast opened its mouth, thou shalt find a stater: take that, and give it to them for me and thee.

    Just a thought,

    the smart sheep


    Offline Jim

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    Dont Borrow!
    « Reply #2 on: July 02, 2011, 08:54:31 PM »
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  • Avoid debt. Very wise words indeed.

    Offline MaterDominici

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    Dont Borrow!
    « Reply #3 on: July 03, 2011, 02:31:27 PM »
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  • Is all interest considered usury? If I borrow money long-term from a friend/relative and don't pay them interest, thanks to inflation, I'd be giving them back less than I borrowed. Does it not simply make sense to pay a reasonable amount of interest on money loaned from one individual to another?
    "If I could only make the faithful sing the Kyrie, the Gloria, the Credo, the Sanctus and the Agnus Dei ... that would be to me the finest triumph sacred music could have, for it is in really taking part in the liturgy that the faithful will preserve their devotion. I would take the Tantum ...

    Offline Telesphorus

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    Dont Borrow!
    « Reply #4 on: July 03, 2011, 03:04:39 PM »
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  • Quote from: MaterDominici
    Is all interest considered usury? If I borrow money long-term from a friend/relative and don't pay them interest, thanks to inflation, I'd be giving them back less than I borrowed. Does it not simply make sense to pay a reasonable amount of interest on money loaned from one individual to another?


    Return of the principal is not usury.  Someone who put a gold double eagle ($20) in the bank in the late 1920s would not be getting their principal back if they withdrew 20 dollars today.


    Offline gladius_veritatis

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    Dont Borrow!
    « Reply #5 on: July 03, 2011, 03:50:13 PM »
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  • Quote from: MaterDominici
    Is all interest considered usury?


    No :)
    + Vincit veritas +

     

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