In religious view, debt is always the responsibility of both creditors and debtors. In the ancient Near East, even pagan kings periodically cancelled debts to allow the poor a measure of respite from harsh conditions. The Biblical mandate goes much further, reordering the whole economy around the need for periodic cancellation of debt and restoration of community.
Before this in old Sumeria and Egypt the prices were stable, interest rates were fixed by government to be the same for rich or poor. The new era needed adjustments as allowing interest to be collected by everyone as long as they debt was standing was suddenly creating wealth beyond belief. The rulers could not allow that to happen and debt cancellation was their solution to prevent "state enemies" from rowing more powerful than the rulers and disposing them with the mercenary armies.
This wealth machine did not go unnoticed and led to the birth of the precursor to the modern banking system. Templars were the first to realize the benefits of this all on a large scale by using the huge gold reserves stored hidden beneath Solomon’s Temple in Jerusalem they discovered during their crusades. The Templars banking system ended during one day and night around October 13th, 1307 when King Philip IV of France joined forces with Pope Clement V and conspired to kill every Templar they could find in their controlled lands and sent mercenaries even beyond to kill the rest of them. The charges against Templars ranged from necromancy to the use of black magic. This conspiracy was risky as Templars together were already a major military force in Europe.
The Talmud (the oral law teachings collected by the Rabbis) strictly forbids charging interest to either Jews or non-Jews when a loan is made for basic needs rather than profit. The Rabbis held that the testimony of anyone who charged interest on a loan was not acceptable in court.
"At the end of every seven years you shall grant a release of debts. And this is the form of the release: Every creditor who has lent anything to his neighbor shall release it; he shall not require it of his neighbor or his brother, because it is called the LORD's release" (Deuteronomy 15:1-2).
Proverbs 22:7 states: "...in the seventh year you shall let [your Hebrew slave] go free from you. And when you send him away free from you, you shall not let him go away empty-handed; but you shall supply him liberally from your flock..." (Deuteronomy 15:12-14).
Our global economies are built around compounding interest. Just just consider the above historical facts and the implications of our current practice and you will understand why we have this financial crisis!
Today we have eight families that control all wealth in the Western World as we understand it. The far East knows this problem and is organizing already a counterbalance. Financially the East is weak but it is evolving fast and it has billions of people and with that West has to be careful.
Are we really different from the animals?
All of the higher creatures do clearly know what is right and what is wrong and they can be jealous exactly like we. All the higher land, air and and sea creatures have this same understanding proven by the researchers time and again. Most of us though do not want to hear this nor will they believe on it either.
We have this "eternal and noble" knowledge already at birth and it does not need any enforcement. Regardless what we say we know (including most other creatures) at the time we do something wrong that our acts are wrong. Killing for food is not a wrong nor unjust act for the hungry of any species even if it would be totally unacceptable for the others of the same or the different species.
We all know that most animals like lions, tigers and bears have the same gift. They do not kill more than they need to satisfy their hunger at any given time. The rotten food is not good for them either. Also hunting the prey and and killing it is hard and sometimes even dangerous work - why should they kill more to feed the scavengers and with that reduce their own food supply and life expectancy?
There are though animals that behave the opposite way like the minks who keep on killing until nothing moves that they can catch. We all know that the cats and dogs are perfectly adapted to knowing what pleases or displeases their masters. We have also seen that dolphins have saved swimmers from sharks by protecting them until the danger is over or the help arrives. We have heard also that some chimpanzees have mastered enough of human language to accomplish elementary communications using a touch computer screen.
There are countless planets in the Universe with circumstances suitable for life. And what is life anyhow and why does it exist? Are there more interesting issues to ponder?
We know that when certain atoms combiner in certain circumstance they at the ned form simple molecules that when present in large quantities start assembling themselves to even larger and larger molecules... We just have not been able to go that far that we would see any of them getting a a real life so far.
The difference between the nature and us is that the nature has used hundreds of millions of years to perfect the process, while we have known this phenomena only a few decades. With our fast developing understanding and ability to see more and more details of it all, perhaps, if we are very lucky or unlucky as a matter of fact, then we might be able to create some primitive life forms within the next 50-100 years or so.
The straight forward conclusion is simple: we are not alone in the universe. However, this is too difficult for some to grasp. Here we have US Senator denying it all as the "scientific community is divided" as per his knowledge.
Here is the first published video clip form artificially created life in a laboratory.