Banks Are Corrupt—and Getting Worse, This is a Three-Part Series on Corrupt Banking Practices in Texas and Throughout the United States

Corruption has played a starring role in the history of financial institutions.  Corruption is likely to cause inefficiency when assets are used inappropriately. When corruption occurs within an bank organization, unflattering media coverage typically follows, which may result in customers losing trust in its business practices and products. This is a three-part series on corrupt banking practices in Texas and throughout the USA… You should understand that our financial system is not merely corrupt in practice. It is corrupt by design – and the problem is growing. Bankruptcy contemplates the “forgiveness” of debt. The Bible, likewise, contains debt forgiveness laws. Under U.S. law, a debtor may only receive a discharge of debts in a Chapter 7 bankruptcy once every eight (8) years. Under Biblical law, the release of debts came at the end of seven (7) years.  “At the end…

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Financial and Banking Cover-ups — A Bribe is Money, Favor, or Other Consideration Given

in Exchange for One’s Influence Against What is True, Right, or Just. the Bible is Clear That Giving or Receiving a Bribe is Evil… Without firing a shot or launching a missile, our enemies seek to apply online digital strategies to unravel the fabric of our democracy. Our response has been to aggressively “out” those efforts and confront those who troll the American electorate. The most heinous example of a bribe in the Bible is the thirty pieces of silver that Judas received to betraythe Lord Jesus. A direct result of Judas’s treachery was that Jesus was arrested and crucified. Eventually, even Judas realized that his acceptance of a bribe was evil. But when he tried to return the money to the chief priests and elders, they refused it, calling it what it was—“blood money” (Matthew 27:3–9). Delilah was bribed to entrap Samson…

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Banks Do Not Always Command The Public’s Trust

Banks are running out of time to regain public trust Isaiah lived in a time when Judah was struggling under the weight of injustice: “Justice is driven back, / and righteousness stands at a distance; / truth has stumbled in the streets, honesty cannot enter. / Truth is nowhere to be found, / and whoever shuns evil becomes a prey. / The LORD looked and was displeased / that there was no justice” (Isaiah 59:14–15). God’s message for them was simple: “Learn to do right; seek justice. / Defend the oppressed. / Take up the cause of the fatherless; / plead the case of the widow” (Isaiah 1:17). Later, God tells them to “loose the chains of injustice” (Isaiah 58:6; cf. Psalm 82:3), indicating that injustice is a form of bondage and oppression. Corrupt bank scandals are magnified by each other,…

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Banks Make The Dirty Money Appear To Be Legitimate

Narcissism is the term used in psychology to describe a preoccupation with self. It is a Greek term taken from the name of the mythological Narcissus, who fell in love with his own image and was doomed to die because he would not turn away from it. A narcissist is a person who displays a high level of selfishness, vanity, and pride. He sees everything from a “how does this affect me?” perspective. Empathy is impossible for the narcissist because his only perspective is the one centered on self. In psychology, narcissism is seen as a broad spectrum of conditions ranging from normal to pathological. You’re a criminal with millions of dollars in ill-gotten gains but one big problem: Transferring slugs of money or carrying suitcases of cash will raise eyebrows. You need to “launder” the dough — make the dirty…

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The Six Megabanks have not skipped a beat when it comes to committing fraud, market manipulation, and other abuses against their clients, investors, and the financial markets themselves.

Paul’s charge to us in Romans 13:8 to owe nothing but love is a powerful reminder of God’s distaste for all forms of debt that are not being paid in a timely manner (see also Psalm 37:21). At the same time, the Bible does not explicitly command against all forms of debt. The Bible warns against debt, and extols the virtue of not going into debt, but does not forbid debt. The Bible has harsh words of condemnation for lenders who abuse those who are bound to them in debt, but it does not condemn the debtor. Some people question the charging of any interest on loans, but several times in the Bible we see that a fair interest rate is expected to be received on borrowed money (Proverbs 28:8; Matthew 25:27). In ancient Israel the Law did prohibit charging interest on one category…

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