The problem with usury, unfair or exploitive interest &c. is that the universe is a dynamic place and a rate which would be fair in one year would be economic vampirism in another.
It is things like this which make me wonder if self-government is even possible.
yrs,
rubato
“Destroy this temple, and I will raise it again in "
Re: “Destroy this temple, and I will raise it again in "
Actually, it would be quite easy to define usury as a rate which would be X% in excess of a reference (LIBOR or whatever), This would allow for some recognition of swings in rates, but still prevent unconscionable activities. Of course, some would say that usury is not a crime, one is entitled to charge whatever one can get; but I disagree.
And while we're at it, let's also crack down on check cashing businesses that charge huge rates (often in excess of 10%, even 20%) to just cash a check.
And while we're at it, let's also crack down on check cashing businesses that charge huge rates (often in excess of 10%, even 20%) to just cash a check.
Re: “Destroy this temple, and I will raise it again in "
Big RR wrote:Actually, it would be quite easy to define usury as a rate which would be X% in excess of a reference (LIBOR or whatever), This would allow for some recognition of swings in rates, but still prevent unconscionable activities. Of course, some would say that usury is not a crime, one is entitled to charge whatever one can get; but I disagree.
And while we're at it, let's also crack down on check cashing businesses that charge huge rates (often in excess of 10%, even 20%) to just cash a check.
The check-cashers could all convert to churches and call it 'tithing'.
yrs,
rubato
Re: “Destroy this temple, and I will raise it again in "
"Indulgences" 

Your collective inability to acknowledge this obvious truth makes you all look like fools.
yrs,
rubato
Re: “Destroy this temple, and I will raise it again in "
Or merely a periodic fleecing of the flock.
Re: “Destroy this temple, and I will raise it again in "
So instaed of using Actuarial tables they are using the Periodic tables and that is Alchemy.Big RR wrote:Or merely a periodic fleecing of the flock.
Burn em at the stake!!!!!!
Sometimes it seems as though one has to cross the line just to figger out where it is