The moral parameters of private lending (a case against usury)

14. December 2011 by admin.

Though buried beneath a sea of absurdities and proposed injustices, Americans should take note that some of Occupy Wall St’s demands are not entirely garbage. Aside the attempt to ban electronically recorded voting machines, perhaps the next most sensible demand concerned the abolition of debts; for while these protesters erred in requesting the relinquishment of international debts (as wars have been started for far less), it is not entirely unreasonable to wonder whether the American economy can ever truly rebound when so many — most, actually — Americans are deeply indebted to bankers, if the nation is not itself already owned by the Federal Reserve and foreign powers. Read the rest of this entry »

Posted in natural law and rights, economy | Print | 5 Comments »