From: Eric Encina [mailto:[email protected]] 
Sent: Monday, January 11, 2010 6:43 AM
Subject: Catholic Church/Vatican Poses Hindrance to Social Credit Monetary 
Reform in the Philippines

 






                             THE CATHOLIC CHURCH/VATICAN 

    Poses Hindrance to Social Credit Monetary Reform in the Philippines And In  
The World

 

                                     By Eric V. Encina

 

Christianity  founded by Jesus Christ saves and liberates us from  evils of all 
kinds but we are still in evils. Most Christians and Catholics, per se, are 
virtually hijacked by evils spirits, per se, debt finance and usury. The 
Tradition, Doctrines and Sacraments of the Roman Catholic Church which can be 
helpful and good are seemed to be not working with majority of Catholics. And 
it is unthinkable that why it is that Sacraments, doctrines, devotions, 
sacramentals, encyclicals, apostolic letters can’t liberate and emancipate 
peoples from debt finance and usury?

 

 

 

The Church dignitaries speak about justice for all people which we appreciate,  
but it appears that no Popes, Cardinals, Archbishops, Bishops, priests, nuns, 
seminarians and lay missionaries specifically  mentioned Social Credit Monetary 
Reform Debt-Free Money Creation nor ever helped or do they help the subjects, 
that is, Catholic faithful or families and children  from poverty, hunger, debt 
and interest in the world! 

 

 

 

It is confusing at times to read and investigate that Roman Catholic Church 
teaches against wealth and money accumulation but IT IS ALSO ADROITLY ENGAGED 
IN ACCUMULATING WEALTH AND MONEY as owner or co-owner of one or some of the 
PRIVATE BANKING INSTITUTIONS in the Philippines and in the world that,  as we 
know,  CREATE MONEY EX-NIHILO and lend money at usury or interest that God, 
biblically speaking, prohibits to do. The Catholic Church is the also engaged 
in accumulating money from collections, solicited and unsolicited donations, 
grants, aid and its involvement in the trade and businesses which might be good 
but unable to attack the satanic root-causes of money evils. Some Archdioceses, 
dioceses and parishes are even engaged   at interest-bearing  lending practices 
in the countryside.

 

 

I have heard and read  that there were Catholic theologians who spoke in favour 
of Social Credit but there were long time ago and they statements were not even 
approved by the Vatican- the Center of Catholicism.

 


No any Popes, Cardinals, Archbishops, Bishops, Priests, Nuns, Seminarians and 
lay missionaries with clear canonical approval nor Catholic schools, 
universities,  colleges ever ENDORSED Social Credit Monetary Reform Debt-Free 
Money creation solutions  BUT ALAS IN FACT, THEY RATHER ENDORSE, NEOLIBERALISM 
which is nothing as  Judaism-based economic system with other different names 
as Zionism, communism, ashkanazism, shephardicism, neo-conservativitism, 
israelism that is far too advanced in screwing us to death.


 

Most Catholic Seminaries and Schools are also sponsored by the individual 
bankers and private banking/financial institutions  in the Philippines.

 

 

Most Catholic Schools, colleges and universities are SCHOOL OF DEBT FINANCE AND 
USURY. Teachers, professors who  profess to be Christian and Catholic but 
anti-Christian  in practice since Catholic Education in itself is hijacked  by 
the elements of the anti-christ. 

 

Vatican is involved in international finance to control money and food of 
humanity. The Pope’s hands, not matte how good he is, are tied by the 
power-that-be. 

It is also discouraging for example to know that there are Cardinals, 
Archbishops, bishops, priests are belong to Communist and Free-masonic camps 
that Social Credit is opposed to. 

 

Catholics are only content with fanaticism and mysticism not exactly the Gospel 
of Jesus Christ – that only send Catholic faithful into the dungeon of 
confusion, poverty and and great difficulties.

 

 

In my 18 years of Social Credit Monetary Reform  Campaign in the Philippines, 
how many bureaucratic Archbishops, Bishops, priests, nuns and lay missionaries 
REJECTED ME, despised me, prohibited me, persecuted me and denied me? In 1993, 
we sent letters to more than 100 Filipino Bishops and only 3 or 4 bishops 
replied  without positivity of contents. I was even persecuted and ostracized, 
ridiculed in the Seminary where I came from because of SOCIAL CREDIT. There was 
only Filipino-Spanish Vincentian  priest who  helped me in 1992-94 on Social 
Credit. He died already in the late 1994. Most priests, bishops, archbishops, 
nuns, seminarians and lay missionaries I have approached have discouraged me. 
Most Vincentian missionaries today do not care anything to correct the 
root-cause of poverty. 

 


CARDINAL SIN AND MY MEETING WITH HIM:


 

In 1992 I have had an opportunity to have an audience with the Cardinal Sin 
(died already 5 years ago) of the Philippines together with 2 Social Crediters 
and explained to him the Social Credit philosophy, monetary reform policy and 
our mission but it was a fiasco!  

 

Former IMF Managing Director was a frequent visitor of Cardinal Sin in Manila 
in those years. Cardinal Sin was receiving great donations of money from the 
bankers, financiers and those tycoons. 

 

No Cardinals can speak against the banking system although they can only speak 
for the poor and for social justice as a calming tool and out of remorse of 
conscience. 

 

Cardinal Sin did not want to understand Social Credit and did not support 
Social Credit works in the Philippines but only good in joking us. We were also 
sent to a bishop who also disappointed  us the same.

 

 

CATHOLIC CHURCH’S BANK IN THE PHILIPPINES:

 

 

The Catholic Church in the Philippines during that time  owned MONTE DE PIEDAD 
Commercial Bank (en.wikipilipinas.org/ index.php?title=Monte_de_Piedad)  but it 
became bankrupt allegedly by either deception and or camouflage and it was 
taken over by Singaporean-based bank Keppel Bank  but still the Catholic Church 
has its percentage of ownerships.

 

 

The  Catholic Church has also investments to  most private banking institutions 
in the country and still has large percentage of owneships to some mega-banks 
in the country.

 

 

I have more to tell in due course. 

 

 

 

 

 

Eric V. Encina

[email protected] 
<http://us.mc532.mail.yahoo.com/mc/[email protected]>  

 

 

 

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