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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Sedevacantist buncombe

On Jan 30, 2015, at 9:48, “S." recommended this sedevacantist web page:

http://www.fathercekada.com/2015/01/28/dr-de-mattei-prescribes-an-anti-sede-tranquilizer/

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Dear S.

Yes, I know the sedevacantist line  — no heretic popes other than questionable Honorarius, until John 23rd. 

My book on usury (Usury in Christendom: The Mortal Sin that Was and Now is Not — avoided by every sedevacantist publication) shows that there have been popes who derogated (Leo X) and then later abolished (Pius VIII) the Dogmatic law against usury — by abolishing its as a mortal sin and declaring the mortal sin itself as an act “not to be disturbed”! This was heresy. Pope Pius X signed off on this in the 1917 Code of Canon Law (compiled under him and published after his death).

My forthcoming book on the "Occult Renaissance Church of Rome" will offer evidence of the occult popes of Kabbalism.

The sedevacantist thesis was invented by those who seek to maintain ridiculous and in many cases pernicious myths about the pre-Vatican II Church and its popes. It is worse than nonsensical. 

We can’t understand how the post-Conciliar Church came to be unless we investigate the pre-Vatican II popes of sodomy, usury and occult demonism who predate the Enlightenment and arose beginning in the Renaissance.

Sincerely,

Michael Hoffman

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More chicanery at the usurious Vatican Bank

We continue to come under attack from Catholics who deny the undeniable: that the post-Renaissance Church of Rome legalized the mortal sin of usury. The latest attack and my response are here.

On the credit side of the ledger, First Amendment Books, a division of the American Free Press newspaper in Washington DC is selling Usury in Christendom: The Mortal Sin that Was and Now is Not. Mark Anderson, the paper's roving reporter, has promised to invite us on his radio program to discuss papal documents such as the encyclical Vix Pervenit, cited by our opponents as an allegedly unambiguous blow to usury and a papal reaffirmation of the ancient dogmas.

In truth, Pope Benedict XIV's encyclical has a loophole permitting usury big enough to drive a Mack truck through. Vix Pervenit is a masterpiece of Vatican doubletalk: 98% eloquent fulminations against usury and then an escape clause permitting it. Those who deny this fact should consult Denzinger 1609 where they will discover a lament from the Bishop of Rheims over the confusion generated among Catholics by the ambiguous Vix Pervenit, some of whom understood it (correctly) as permission for usury.  The bishop asked for a clarification from Pius VIII who, as documented in Denzinger 1610, replies by letting stand the evolving practice of permitting usurers access to the sacraments without repentance for their mortal sin, or the promise to stop their usury operation (much less of making restitution, which is required by the true Catholic Church).

Under papal auspices, since the 1940s the Vatican has operated a usury bank which, in Mafia-plagued Italy, has been a haven for shylocks and financial chicanery of the lowest and most perverse sort, all in the name of the "Vicar of Christ."

The following article discusses attempts by the current pope and the pope emeritus to supposedly "reform" the Vatican Bank. Did Jesus Christ attempt to "reform" the money changers in the Temple, or did He drive them out with a whip?

--Michael Hoffman

Cleric and 2 Others Arrested in Vatican Bank Investigation

By Rachel Donadio

New York Times (online) June 28, 2013

http://www.nytimes.com/2013/06/29/world/europe/cleric-and-2-others-arrested-in-vatican-bank-investigation.html?hp&_r=0

ROME — The Italian police on Friday arrested a prelate, a financial broker and an agent of the Italian Secret Service on corruption charges as part of a complex plot in which the priest — who is already under investigation on suspicion of money laundering involving the Vatican Bank — is accused of trying to repatriate millions of euros from Switzerland to Italy in a private plane.

Those arrested were charged with fraud, corruption and slander as part of a broad investigation tied to the famously secretive Vatican Bank.

Prosecutors say that the broker and the Secret Service agent had been plotting to help the priest bring 20 million euros, or $26 million, into Italy from Switzerland in a private jet, the ANSA news agency reported. It said that the 20 million euros belonged to “some friends of the monsignor.” The plot never went through.

In a statement, the Vatican spokesman, the Rev. Federico Lombardi, said that the priest, Msgr. Nunzio Scarano, had been suspended from his position at one of the Vatican’s main financial departments “more than a month ago, ever since his superiors were informed that he was under investigation.”

The Vatican spokesman said that the Holy See had not received any requests from the Italian authorities, but confirmed its “willingness for full collaboration,” and that the Vatican’s internal financial watchdog was following the matter and would take appropriate measures “if necessary.” Those would include requesting that the Vatican’s internal prosecutor open an internal investigation into the monsignor.

A Vatican official said Monsignor Scarano had been suspended from his position as an accountant at APSA, a department that oversees the Vatican’s real estate holdings, after prosecutors in Salerno opened a separate investigation into money laundering. The official indicated that the suspension was a sign that the Vatican was stepping up its internal vigilance.

Only priests, religious, Catholic institutions, employees of Vatican City State and diplomats accredited to the Holy See are allowed to have accounts at the Vatican Bank, known as the Institute for Works of Religion, but rumors have long swirled about whether accounts were used as fronts for other interests, including organized crime and Italian politicians.

In the past, the Italian prelates who controlled the Vatican Bank tended to see any inquires into possible malfeasance as an attack on its sovereignty. Pope Francis and his predecessor, Benedict XVI, have tried to make the Vatican Bank more transparent.

It was not immediately clear whether the Vatican was cooperating with Italian authorities or whether the arrests stemmed from several suspicious transactions — six in 2012 and seven in the first half of 2013 — that Vatican officials said they had flagged and brought to the attention of the Vatican’s own internal prosecutors.

The arrests Friday were the most dramatic events to emerge from the Rome prosecutors’ investigation into the Vatican Bank since 2010, when prosecutors seized 23 million euros from two external accounts used by the Vatican Bank and placed its then-president and director general under investigation.

It had been acting on a warning from the Bank of Italy urging Italian banks to be more vigilant in their dealings with the Vatican, which has not come into full compliance with European banking norms, making it costly and problematic for other banks to do business with it.

In recent years, the Vatican has been under pressure to meet European norms as a condition for using the euro. In 2010, it created an internal financial watchdog and last year appointed as its director a Swiss lawyer who had helped Liechtenstein clean up its murky banking system.

This month, Pope Francis appointed a trusted prelate to a top post at the bank and on Wednesday, the pope took a further step and created a committee of prelates and a Harvard Law School professor to report directly to him on the bank’s progress.

In an interview last month, the new president of the Vatican Bank, Ernst von Freyberg, who was appointed in February by Benedict in one of his last acts as pope, said that he was committed to making the bank more transparent and compliant.

Last year, a report by Moneyval, a monitoring agency under the Council of Europe, said that the Vatican had made progress but still needed to improve in terms of compliance and customer due diligence. The Vatican must submit a new progress report to Moneyval this fall.

Vatican officials have said that the Vatican needs a bank to help Catholic institutions operate around the world, including in politically sensitive areas. The bank had total assets of 7.1 billion euros under management in 2012, most of it invested in government bonds, and turned a net profit of 86.6 million euros. (End quote from the New York Times).

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