I would like to comment on the letter written by Colin Creasey. I read with great interest Mr. Creasey”s letter. I agree with his analysis that both the Conservative and Liberal governments cater to the interests of the rich and powerful and that they rule the country through their corporate interests. After all, when the elections are done, they hold the ear of governments through their constant lobbying. The masses of people only have the relatively meek lobby power of the vote every several years or so.
But, even though he has identified much of the problem, he still has not spoken about the source of the problem. As I have said before, this is the practice of ‘Usury’. But don’t take my word for it. Let’s read what others had to say about it.
“Banking was conceived in iniquity and was born in sin. The bankers own the Earth. Take it away from them, but leave them the power to create money and, with a flick of the pen, they will create enough money to buy it back again. However, take that power away from them and all the fortunes like mine will disappear, for this would be a better and happier world to live in. But, if you want to remain the slaves of bankers, and pay the cost of your own slavery, let them continue to create money.” (Sir Josiah Stamp, Director of the Bank of England from 1928‑1947. He later became Baron Stamp.)
“Once a nation parts with the control of its currency and credit, it matters not who makes the nation’s laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to the government and recognized as its most conspicuous and sacred responsibility, all talk of the sovereignty of Parliament and of democracy is idle and futile.” (Liberal leader and Prime Minister Mackenzie King. Statement from 1935.)
“When once a tie with any and every asset, or group of assets, is abandoned, and resort is had to a pure Debt currency, one has, in my judgement, no standard at all, but merely a wholly un‑anchored medium of exchange and unit of account.‑‑ If we cannot have a distributorily neutral money, any group that can get control of the monetary system will have totalitarian power over the lives and fortunes of their fellows, without any clear recognition of responsibility.” (From the book A Tiger By The Tail. Friedrich A. Von Hayek and Sudha R. Sheney. A criticism of Lord Keynes.)
This is just a sample of the many sources of opinion regarding the practice of usury. Any and all Interest Rate charged is usury.