| Subject: | [socialcredit] Re: [SPAM] Re: [socialcredit] Re: Definition of usury. | | Date: | Thursday, July 10, 2008 23:05:14 (+0200) | | From: | Per Almgren <almgren_per @.....com>
|
| In reply to: | Message 5459 (written by Swieto Radosci) |
Swieto Radosci skrev:
> Thanks Per, 700 people engaged - must be attractive that commitment...
> And what ideas stay behind JAK Bank, that make it possible?
The main idea is that it is wrong to charge interest and the word
interest in this
case means everything that is charged in excess of the actual cost for
handling
the savings and lendings, average losses included. Or in shorter form,
you should
not earn money by just your privat possesing of money.
> Is that commitment a payable or voluntary job?
It is voluntary.
>
> For me it is also interesting how JAK Bank ideas correspond with
> Social Credit movement. Are there any links?
Not as I knew about. It may happen that the founders of JAK in Denmark
knew about it but as far as I now remember
I have not seen anything written about this but that doesn't exclude the
possibility. The main founder, the chartered
surveor Kristian Kristiansen is known to have had a lot of contacts
abroad about several things, not only economy.
Per Almgren
>
> Kristof
>
>
> Per Almgren pisze:
>> Joe Thomson skrev:
>>> (Kristof wrote:-) I am sure that people in
>>> Sweden are wise enough to know, how much they pay for their credit.
>>>
>>> (Joe replies:-) Sweden has long been held up as an example of
>>> one of the
>>> few countries in the world where they do everything right. And I'm not
>>> knocking the place, I've never been there to see firsthand, so
>>> perhaps it
>>> is.
>>>
>>> Though I strongly suspect that to us what goes on there often looks
>>> better
>>> from afar than would be the case close up. Just like all the other
>>> idyllic lands, in other words.
>>>
>>> And wise as they may be, I doubt very much whether the Swedes, or
>>> anybody
>>> else in our world today, really knows how much they pay for their
>>> credit.
>>>
>> The average Swedes doesn't know so much about how much they pay but
>> the members of JAK is quite,
>> well informed about that. The bank uses about 12 % of their budget to
>> inform members about how the
>> savings-loan system works, also about the practical administration
>> and to some extent about the economy
>> in the society. About 2 % of the members does practical work to
>> promote the bank and the ideas behind it.
>> In the end of 2007 the number of members/owners in the bank was
>> almost 35,000 with an annual growth of 5 %.
>>
>> Per Almgren
>>> "Truth in Lending" laws are a great boon to the Consumer in getting a
>>> meaningful, comparative interest rate. But as Martin Hattersley
>>> observed
>>> in his last post the real problem isn't with "interest" or the
>>> "interest
>>> rate". It lies elsewhere.
>>>
>>>
>>> ----- Original Message -----
>>> From: "Swieto Radosci" <radosc@radosc.x.pl>
>>> To: <socialcredit@elistas.com>
>>> Sent: Monday, July 07, 2008 12:41 PM
>>> Subject: Re: [socialcredit] Re: Definition of usury.
>>>
>>>
>>>
>>
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>>
>>
> ---------------------------------------------------------------------
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