E. Michael Jones and Usury in the Church

The Rothschild bank and the popes of usury

On Fri, Aug 10, 2018 E. Michael Jones <jones@culturewars.com> wrote:  

"Garrick Small weighs in on the usury issue, including Mr. Hoffman's claims, in the letters column of the September 2018 issue of Culture Wars.  I stand by my claim that the Church has not changed her position."

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Ignoring the role of the Rothschild bank in the papacy's revolutionary ruling admitting usurers to Communion

(This established the precedent for the later admission of abortion-enablers to Communion — Satanic situation ethics are lethal to the Gospel!)

Copyrighted material ©2017

In addition to hundreds of pages in my book Usury in Christendom: The Mortal Sin that Was and Now is Not, my most recent “reply" to disinformation about Rome’s Money Power, such as Dr. Jones appears to be promoting, will be found on pp. 594-631 of The Occult Renaissance Church of Rome (consisting of the chapter, “The Breeders of Money Gain Dominion Over the Church of Rome"). 

Printed editions of Martin Luther’s thunderous sermons against renting money. These anti-usury pamphlets were banned by the Medici pope and circulated only in areas not controlled by Rome. 

Dr. John Rao of “The Roman Forum” held a symposium recently on how Martin Luther was supposedly the source of the rise of greed in Christendom, when in fact, a substantial part of Luther’s revolt against the papacy was his rage over the incremental papal permission for renting money, most notably by the detested papalist banking house of Fugger in Germany, and in Italy, the Medici bank, on whose behalf Medici Pope Leo X, on May 4, 1515, loosened some of the strictures against usury for the sake of alleged "charity-lending to the poor.” Papal situation ethics were employed for the accumulation of filthy lucre by Leo X's family’s banking house and that of others like them, using the alibi of the Monte di Pietá. 

The gradual steps initiated by the Renaissance and post-Renaissance pontiffs, evolving from covert incremental loosening to full overt permission for usury, took a little more than three centuries, culminating on August 18, 1830 in Pope Pius VIII’s directive to the effect that those Catholics who take interest on money to the rate permitted by law are free to receive Holy Communion and need not confess what had been a mortal sin for the first millennium of Christ’s Church. This remains the situation for contemporary church-goers. 

Perhaps it was a coincidence, but two years later, in 1832, the Rothschild bank of Paris extended a loan to keep the papacy afloat. In July 1849 the pope (Pius IX) cast lines anew to the Rothschild bank. In January 1850 Rothschild approved a loan of 50 million francs. In 1857 Vatican Secretary of State Giacomo Antonelli used Peter’s Pence as collateral in negotiating a new loan with Rothschild (cf. Usury in Christendom, p. 265).

“The Rothschilds…are the guardians of the papal treasure.” Jewish Encyclopedia, vol. 2, p. 497 (Click on the image to enlarge it).

If Drs. E. Michael Jones, John Rao and other Romanist leaders like them, along with their supporters, will not study the evidence in my two books and attempt to refute it, what would be the point of any engagement with them on my part? 

As we have noted numerous times since its publication in May of 2017, the vast majority of “conservative Catholic” and “traditional Catholic” editors, bloggers and podcasters have given The Occult Renaissance Church of Rome the silent treatment. This is a technique well-known to victims of the Zionist media; that it is employed by the Romanists comes as no surprise to this writer.  When partisans have no credible answer to new discoveries in history which seriously undercut their belief systems, they suppress them. The similarity to rabbinic tactics of evasion and avoidance is striking.

Michael Hoffman

“A voice crying in the wilderness"

For Further Research

Index (free) to Usury in Christendom: The Mortal Sin that Was and Now is Not

Prequel (free) to The Occult Renaissance Church of Rome

Usury in Christendom: The Mortal Sin that Was and Now is Not

The Occult Renaissance Church of Rome

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May 4, 1515: Reign of the Loansharks Begins

504 years ago the Pope of Rome made possible the beginning of the rule of the Money Power over the West

By Michael Hoffman

www.revisionisthistory.org

Medici Pope Leo X

On May 4 1515 Medici Pope Leo X (Giovanni di Lorenzo de’ Medici), issued a papal bull permitting interest on loans of money if the loans were to the poor. This revolutionary permission was granted for so-called charity banks, which were known as Monte di Pieta, which translates as “mountains of compassion,” but quite a bit of the revenue ended up in the hands of the Medici bankers, not the poor, and even if these usury banks had been operated for the alleged benefit of the indigent alone, they were violating God’s law and creating a precedent for more usury.

Pope Leo X initiated a process of gradualism, whereby the Church's immemorial dogmatic law against the charging of interest on loans of money was incrementally relaxed and diluted, leading to a papal revolution —  the complete abolition of all ecclesiastical penalties for usury by Pope Pius VIII in his revolutionary bull of Aug. 18, 1830, Datum in audientia — as well as the absence of all such penalties in the 1917 and 1983 Codes of Canon Law. 

The thesis of this writer’s book, Usury in Christendom: The Mortal Sin that Was and Now is Not, is that the Renaissance Roman Church parted ways with the Church of All Time. It trafficked in fake relics and indulgences as supervised by the Fugger bankers of Augsburg. The Fuggers, with the support of the Hapsburgs, were far wealthier than any single Italian banking dynasty, including the Medici. Did you ever even hear of the Fuggers? Did you know that grievances over their operations were a motive for Martin Luther’s rebellion? The Fuggers controlled the transfer of revenues from the German Church to the papacy. Their loans to the pope brought them a portfolio of revenue-collecting privileges, including from the sale of indulgences. 

In 1519 the Fuggers bought the election of Spain’s Charles V as Holy Roman Emperor. Of the 851,000 Rhenish Florins raised to purchase the office for King Charles, the Fuggers contributed 543,000 florins. They were usury bankers to the popes and to the House of Hapsburg.  In September 1514, eight months before Leo X’s relaxation of the usury ban, papist theologian Johannes Eck of Ingolstadt, Luther’s nemesis, served as the corrupt mascot for the Money Power, as personified by the banker Jakob Fugger. Eck argued in a debate at the Carmelite monastery in Augsburg, that loan contracts at five percent interest were justified.

Is it a coincidence that Medici Pope Leo X issued his papal bull “Inter multiplicis” allowing for the interest-charging Montis Pietatis, the very next year? The pontiff anticipated the unpopularity of his bull and therefore threatened to excommunicate every Catholic who spoke against his gradualist overthrow of the magisterial dogma, by his relaxation, in the name of  charity, of the immemorial proscription against all interest on loans of money. 

Apologists for Leo X put forth a loophole for his exoneration: they quibble that he did not actually change the dogma on usury, just the pastoral application of the dogma. Yes, that’s true, and it was precisely these “pastoral” means which were employed gradually over the centuries from May 4, 1515 onward, to transform usury from a mortal sin to no sin at all.

 This “pastoral” technique for nullification of the Law of God should be familiar to all students of the devious tactics of revolutionary change agents, among whom the most notable contemporary example is the current pontiff, Pope Francis, the spiritual heir of Giovanni di Lorenzo de’ Medici.

Adherents of the Church of Rome often scapegoat Protestant leader John Calvin for being the first to initiate the usury plague. Calvin was not yet six-years-old when Pope Leo X issued Inter multiplicis. 

No pope after Leo X restored the true Catholic Church’s immutable dogma. Every subsequent pope either did nothing or extended the incremental permissions. Toothless anti-usury bombast from Leo XIII and other popes served to camouflage the devious, gradualist process at work. (Benedict XIV’s masterpiece of dissimulation, Vix Pervenit, advertised as a monumental anti-usury jeremiad, contains a sly loophole for the continuation of usurious operations. “Catholic” usury banks continued to flourish in the wake of Vix Pervenit). 

The Cryptocracy uses similar tactics in different situations. If we study the methods and double talk by which Thomas Cromwell and Thomas Cranmer began to dissolve Catholicism in England in the 1530s we will observe the methods and double talk by which every pope from Leo X to Pius VIII  and onward, dissolved Almighty God’s bulwark against the Money Power (Luke 6: 34-36).

On May 4, 1515 situation ethics began its reign over Rome. After more than 500 years it is time to face the truth about the Renaissance papacy and its successors. To fail to do so is to ensure that God’s Law and His Church remain occluded and marginalized, while the Money Power’s most devastatingly effective tool continues to destroy the abundant life that is our heritage as heirs of Jesus Christ.  The love of money is the root of all evil. Usury is the weaponization of that love. All subsequent evils which have beset us emanate from this greatest of all iniquities. 

Copyright©2019. All Rights Reserved.

For Further Research:

“The Breeders of Money Gain Dominion Over the Church of Rome,” chapter XVI of The Occult Renaissance Church of Rome (softcover, 723 pages).

 Usury in Christendom (softcover, 416 pages) may be purchased here. An index to the book is available online free of charge at this link. 

Questions for Hoffman concerning his book about usury

Michael is the editor of the journal Revisionist History®, published six times a year. 

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