A Short History of Usury in Europe

Gradually over the years usury has been redefined from being an amount asked for on top of the principle amount of a loan, to just being ‘excessive interest’. This has been a slow process, happening over the last 500 years, but before that, usury had its original and true meaning which is asking for anything over and above the principal amount loaned.

It was seen as unjust earnings and four times worse than theft in legal terms. Although it is usually applied today only to money, which is not a thing in itself but a measure of value, back then it did not just apply to the loaning of money, but to the loaning of anything. You would not loan a coat to somebody and expect a pair of trousers with it to come back and the same common sense applied to the loaning of money.


Eurozone CRISIS: Italy hatches shocking plan to ‘LEAVE euro’ – and ECB ‘APPROVES’

In a move that will spark fears across the EU of an “Italexit”, three of the country’s political parties are backing the introduction of “Fiscal Credit Certificates” as an alternative to the euro.

The complex plan has the approval of the European Central Bank.

Among the parties backing it is Silvio Berlosconi’s Forza Italia, which has enjoyed an astonishing comeback in the polls.

The revelation comes as Martin Schulz, the leader of Germany’s Social Democratic party who is tipped to become Chancellor Angela Merkel’s deputy, last week called for the creation of a United States of Europe by 2025.


A Look At How Nestle Makes Billions Selling You Groundwater In A Bottle

A few weeks ago we shared with readers a lawsuit filed in Connecticut against Nestle Waters North America, Inc. alleging that the water they marketed as Poland ‘Natural Spring Water’ was actually just bottled groundwater…the same water that runs through the taps of many American households. 
Now a new investigation from Bloomberg Businessweek reveals how large water bottling companies choose their plant locations based not on the steady supply of pristine, natural drinking water, as their labels and other marketing campaigns would lead you to believe, but based on which economically depressed municipalities offer up the most tax breaks and have the most lax water laws. 


Colonialism did not Make Africa Poor

Africa is a big place with a lot of history, but is treated as a single entity in modern political discussions. Before going over the charts, consider this:
In 1950, the continent of Africa (including North Africa) had a population of 230 million.
In 2015, that number had increased to 1,166 million (1.166 billion).
This is a quintupling of the population. Is Europe directly responsible for that? Did they pay Africans to overbreed? This, the most important factor in Africa’s standard of living, is simply not mentioned.