Changes

In the United States, most states have usury laws limiting interest rates. However, since 1933, only Federal Reserve Notes have circulated as current monies. By law, they are obligations to pay lawful money on demand (see Title 12 USC sec 411). But Congress repudiated that obligation in House Joint Resolution 192, June 1933, thus making said notes worthless (no par value).  

In the United States, most states have usury laws limiting interest rates. However, since 1933, only Federal Reserve Notes have circulated as current monies. By law, they are obligations to pay lawful money on demand (see Title 12 USC sec 411). But Congress repudiated that obligation in House Joint Resolution 192, June 1933, thus making said notes worthless (no par value).  

Though most contracts and taxes are denominated in dollars, due to widespread participation in Social Security (national socialism), Federal Reserve Notes are legal tender at face value. Obligated parties (participants) must accept their own notes as tender in discharge of debt. Due to usury, the national debt is in excess of 9 trillions (October 2007), underwritten by the millions of voluntary contributors of national socialism.

Though most contracts and taxes are denominated in dollars, due to widespread participation in Social Security (national socialism), Federal Reserve Notes are legal tender at face value. Obligated parties (participants) must accept their own notes as tender in discharge of debt. Due to usury, the national debt is in excess of 15 trillions (December 2011), underwritten by the millions of voluntary contributors of national socialism.

This area of law is complex, particularly since, during the period of high [[inflation]] in the 1970s, the Federal government passed a law exempting national banks from state usury laws. Every state has its own usury law setting a maximum rate of interest that may be lawfully charged.<ref>http://www.lectlaw.com/files/ban02.htm</ref>

This area of law is complex, particularly since, during the period of high [[inflation]] in the 1970s, the Federal government passed a law exempting national banks from state usury laws. Every state has its own usury law setting a maximum rate of interest that may be lawfully charged.<ref>http://www.lectlaw.com/files/ban02.htm</ref>

Note: Usurers are synonymous with exchangers and changers of money. Matthew 25:24 is often mistakenly interpreted, ignoring the condemnation of usury as a capital offense in Ezekiel 18:13. The "Hard Man" cannot be moral if he wants his servants to engage in an abomination.

Note: Usurers are synonymous with exchangers and changers of money. Matthew 25:24 is often mistakenly interpreted, ignoring the condemnation of usury as a capital offense in Ezekiel 18:13. The "Hard Man" cannot be moral if he wants his servants to engage in an abomination.

Because of this Biblical condemnation, Christians were forbidden to lend money for interest for centuries. [[Dante's Inferno]] places usurers in the seventh circle of [[Hell]], along with [[blasphemy|blasphemers]] and [[homosexuals]]. In [[The Renaissance|Renaissance]] society, the only people allowed to charge interest were [[Jew]]s, which often led to resentment as the Jews were enriched by their shrewd financial activity. However, Christian thinking on this subject has changed, and almost all Christians now either lend their money for interest, or have an account in a [[bank]] which does it for them. The last Christian denomination to remove the ban on usury was the Roman Catholic Church, in 1918.

Because of this Biblical condemnation, Christians were forbidden to lend money for interest for centuries. [[Dante's Inferno]] places usurers in the seventh circle of [[Hell]], along with [[blasphemy|blasphemers]] and [[homosexuals]]. In [[The Renaissance|Renaissance]] society, the only people allowed to charge interest were [[Jew]]s, which often led to resentment as the Jews were enriched by their shrewd financial activity. However, Christian thinking on this subject has changed, and almost all Christians now either lend their money for interest, or have an account in a [[bank]] which does it for them. The last Christian denomination to remove the ban on usury was the Roman Catholic Church, in 1918.