Usury: Banks Have No Money, They Lend Debt

The practice of charging interest on debts is called “usury”.

The Ancient Greeks executed usurers. Every religious text says usury is an evil practice. Why? Because using money to make money produces nothing. It is social paracitism.

The entire financial system, Banking in particular, is based on usury.

Banks don’t have any money based on assets. They create money based on debts and interest on debts.  Where do you think the word insurance comes from: usurance.

This makes banking a legalized ponzi scheme where all the money and the security ultimately goes to the financeers.

This creates an exponential economic model where the collapse of the system is continually on the horizon.

The stock market is a massive usury market and creates an unsustainable growth model that is consuming everything.

The Ancients were right. Usury is the path to hell for all of humanity.

Returning to an economy limited to trading commodities and eliminating usury would free humanity and save the environment.

In a healthy system money circulates because commodities perish.  In an unhealthy system money circulates to perpetuate the ponzi scheme.

All those trillions of dollars are the figment of a banker’s imagination.

Bureaucracy: Legalism versus Integrity

canadapassport

I discovered a great deal about identity today.

I went to the passport office to renew my Canadian passport.

I was treated very politely and given the necessary form.

I filled it out accurately and completely. Went to the passport officer and presented form, new photos and current passport. She opens the passport and looks at the photo page and says, “This passport is invalid.”

I reply, “I worked in the United States for one year using that passport, the TN1 visa is still inside.”

She says, “You didn’t sign the passport. It’s invalid.”

I think to myself, “I could take the passport outside, sign it and come back in.  In fact, I could take the passport and sign it right in front of her.  There was never a requirement for a witness; it could have been signed by anyone. This policy is retarded.”

She asks me for additional identification. I don’t have a driver’s license because I sold my car and decided I would use public transit. I offer my Social Insurance Card, but the signature has been rubbed off. I offer my birth certificate, but it has no signature. I offer my provincial health card, but it has no signature. I offer my credit card, my debit card and my library card.  I consider my Movie Village card because the signature is laminated.

She takes everything to her manager. She comes back and gives me a slip of paper. “This is the address of the Manitoba Liquor Control Commission. They are on the far side of the city. Have them provide you with a photo ID with your signature and fax me a copy.”

I tell her, “I don’t drink.”

She replies, “You don’t have to.”

I jump on a bus and I go across town. I give the MLCC all the same ID that I gave the passport officer. They have me sign a form and in five minutes I have a photo ID with my signature.  Because the signature pad is electronic and does not provide visual feedback as I am writing I find the first name and last name of my signature overlap.  Maybe it is designed to emulate your signature when you are blind drunk.  I’m over 40 and for the first time I have a card that explicitly states I can legally drink alcohol.

I travel all the way back across town to the passport office. I explain that the passport officer required me to provide another piece of identification. I am directed to a special officer. She makes a photocopy of the MLCC photo ID with signature and says, “Thank you, that’s it.”

Can you explain to me what was achieved by my going to the MLCC which cost me an additional $25 when you include bus fare, which couldn’t have been achieved by me simply signing my passport?

I protected one bureaucrat’s legalism by exploiting another bureaucrat’s legalism.  And the bureaucracy doubled its money.

I will have a renewed passport in two weeks.

They call themselves “public servants”, so why is the public required to jump through mindless hoops to make them appear vigilant?

We do these unnecessary and costly things bureaucrats tell us because we are not willing to sacrifice the greater cost of preserving our integrity and the integrity of policy.

Consequently, the bureaucrat keeps her job, politicians maintain the illusion of governance and we all lose.  Time, money, value.

Will my passport protect me and the global community?  Yes.

Did I also perform a mindless ritual?  Yes.

I believe that a healthy society is regulated by public servants.  However mindless observance of regulations by public servants fails both the public and the policy makers.

Anyone who tells you to violate your integrity to preserve theirs has none.  All they are doing is seeking a bigger piece of the pie at your expense.  It’s a measure of bargaining not morality.

Nationalism: “Natural Born” Feng Shui

wethepeople

I have been stumbling into some blogs recently that have been claiming to be objective about their mud slinging.  The one that pushed my button tried to rationalize the ineligibility of Barack Obama to be president because of his place of birth.

Now let’s stop for a minute and think about this constitutional requirement.  What magical power does being born within the boundaries of the United States give you?  Since every American is descended from immigrants it certainly doesn’t mean you were molded by some deity out of American clay.  And is American clay contagious?  The boundaries of the United States have been changing continually.  Am I more American if I was born in Pennsylvania than if I was born in California?  What are national boundaries if not some type of ancient Feng Shui or geomancy?  Or is it something more simple and arcane?  Perhaps you are the property of the incumbent power structure of the United States if you are born there.  Oh, yes you are.

What was the American civil war about if it was not a battle over human resources and whether humans should have all their needs attended to by the plantation and bound with chains or none of their needs attended to by the company and bound with debt?  Who won?  Have Americans eliminated their debt?  Have Americans eliminated their enemies?  Have Americans eliminated disease?  Is that what you are ultimately born into if you are not in the top 10% of the power structure?

Does being born in the United States make you a better scientist?  Does being born in the United States make you a better leader?  Does being born in the United States make you a better professional?  Does being born in the United States make you a better accountant?  Does being born in the United States make you a better soldier?  Does being born in the United States make you a better worker?  By what magical power?  By what divination?

“Natural Born” is a meaningless pedigree for a people without any claim to fame except that they randomly plopped out of the womb and into the world within a national boundary that may not be around in 100 years.  It is as meaningless as being born among “God’s chosen people”.  It is as meaningless as being born with a particular pigmentation of skin.  It is as meaningless as being born in January versus December.

The only thing that gives our boundaries meaning is our division and our conquest by the incumbent powers.

Chanakya: Eliminate Debts, Enemies and Disease

chanakya

Chanakya was the Chief Minster of Chandragupta Maurya between 323 B.C. and 298 B.C.  Prior to Chandragupta’s reign Alexander the Great’s legacy had left much of the Indian region under corrupt foreign rule.  Chandragupta with Chanakya’s guidance was able to raise an army and eventually seize control of much of what is now known as India and reign over it for the betterment of the people for 25 years.  This achievement is considered legendary to this day.

V. K. Subramanian has compiled a collection of The Maxims of Chanakya with both the original Sanskrit and the English translation.  Chanakya has been referred to as the “Machiavelli of India”, but I do not regard that as a fair parallel.  Chanakya was a pragmatist believing that wealth was both the goal and the cornerstone of the state, however he also believed that wealth should be used to cultivate the best in rulers and the kingdom.  Chanakya believed:

Nothing should be allowed to remain of debts, enemies and disease.

But he did not believe in direct confrontation if it could be avoided.  He always felt it better to “win over” these three evils than waste the resources of the state.  The method was “other people’s money” pitting one opponent against another instead of pitting oneself against either.

The American people consider “life, liberty and the pursuit of happiness” as fundamental rights.  Is not life the elimination of disease?  Is not liberty the elimination of enemies?  Is not happiness the elimination of debt?  Perhaps if the United States and every nation made providing disease eliminating healthcare, enforcing inequality eliminating laws and observing debt eliminating economics the only goals of the government, business and people we would all be “healthy, wealthy and wise”.

Chanakya’s only failing was to not have the wisdom to see his legacy preserved beyond his own lifetime.