Dear Friends, all,
Firstly, thanks to Brad for this.
I snip, then comment.
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>From: "Brad McCormick, Ed.D." <[EMAIL PROTECTED]>
>To: john courtneidge <[EMAIL PROTECTED]>
>Cc: Bob Olsen <[EMAIL PROTECTED]>, [EMAIL PROTECTED], Melanie Milanich
<[EMAIL PROTECTED]>, [EMAIL PROTECTED]
>Subject: Re: (Was Re: Cure for the cancer of capitalism (Korten)) - Is
dealing with the U-Word !
>Date: Sat, Oct 9, 1999, 8:14 pm
>
>
>Yes, let's talk about usury. What rate of interest,
>under what conditions of the borrower's life-constraints,
>would *not* be usurious? Since money is dead stuff,
>perhaps the accrual of interest to it is a superstitious
>displacement of alienated [unreflected, or else malignly
>manipulative...] thought. "Usury" Let's hear it
>for: us[ur]ers -- and not just frail human bodies that
>all too quickly suffer and die, but for those
>super-persons, the all-too-real legal fictions:
>*Corporations* -- such as the banks that charge 18% +
>interest on credit cards!
>
>\brad mccormick
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Anything greater than 0% is usury (don't listen to what the usurers say ! )
Peter Lang in 'Lets Play' (or 'Lets go' - I gave my photocopy away last
week), quotes a sixties' comment of Alan Watts, to the effect that:
� paying interest on lent money makes as little sense as does a builder
paying his feet and inches a wage once he's built a house.
Dance on friends!
Hugs
j
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BTW, if 0% money frightens you, and your savings' income, look at the *net*
effect of interest (in Margrit Kennedy's book) - you need to be
Rockerfeller, or some such, before the interest-gained exceeds the
interest-paid.
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