Eleison Comments

Financial Solutions

Financial Solutions on November 19, 2011

Numbers of commentators on economic questions are presently writing or saying that the world’s financial system is on the brink of collapse. None of them are sure of the timing, but many of them predict that it will be a major collapse. Yet before the onset of the financial crisis in 2008, few people saw it coming because they were comfortable in a way of life that seemed well established and for ever moving forward. However, if these commentators are right, it is about to come off its hinges.

We should all of us be thinking what went wrong and how it should be put right. Here below are a series of practical proposals, adapted from a recent article on the website Burning Platform. One need not agree with each of them to begin envisaging alternatives to our present broken system. There are political and financial proposals. Let us begin with the latter:—

*Nationalize those banks which by being “Too Big to Fail” can hold the State to ransom. Let any consequent losses fall on the people responsible or involved, not on the taxpayer. *Re-institute (in the USA) the Glass-Steagall Act to stop banks from ever becoming so big again. *Re-institute mark to marketing accounting rules, so that banks can no longer pretend that their assets are worth much more than they are worth in the market-place. *Regulate the derivatives market so that likewise no financial entity can become so big that it can threaten to crash the entire system if it goes under (as happened in the USA with AIG). *Simplify the present highly cumbersome system of income tax, or replace it altogether with a consumer tax, and eliminate corporate tax breaks. Notice how such proposals may be explicitly financial, but they are implicitly political, because to be put into practice they would need a significant change in the political way of thinking of the people and especially of the leaders. Finance depends on politics. Here are the more obviously political proposals, which may be disputed, but they at least point in the right direction:—

*To combat the corruption of too comfortable politicians, impose term limits. To combat the corruption of elections by special interests, cut out all lobbying and lobbyists. *To cut down the power of the central bank, take away its control of the nation’s money supply. *Re-organize the States’ welfare benefits, today so draining the States’ finances that tomorrow they will be able to benefit nobody. *Re-instruct the people to go without, and to accept a lower standard of living, so that instead of spending society into oblivion, they build it by saving. *Do what can be done to replace suburban sprawl by more self-sufficient communities. *Renounce world empire so as to cut down the enormous military spending of the USA, for instance by bringing thousands of troops home from their bases all over the world.

Here again, for such proposals to be put into practice, they require great changes in the people’s way of thinking, especially in that of the leaders. Political decisions depend upon what people value more, or most. Why are we alive? To enjoy on earth, or to be truly happy for eternity? Is that an either-or question? Is there an eternity? Thus politics depend on religion, or on the lack of it. Will today even a financial crash bring anyone to their senses?

Kyrie eleison.

Tomato Stakes – II

Tomato Stakes – II on November 12, 2011

When “Eleison Comments” quoted (Sept. 10, 217) the Russian proverb likening woman and man to a tomato-plant and the stake around which that plant clings and climbs to bear fruit, it used the comparison to expound on the nature and role of woman. A woman reader then asked how it applies to men. Alas, our crazy age is trying to wipe out all these basics of human nature.

On God’s design for man and woman, profoundly different but sublimely complementary, there is of course much more to be said than a mere comparison from the garden can say. At every Catholic wedding Mass, the Epistle compares the relations between husband and wife to those between Christ and his Church. Worthy of note in this passage (Ephesians V, 22–33) is how St Paul lays out at length the consequent duties of the husband, briefly those of the wife. Already we may suspect that today’s men are greatly responsible for the loss of sanity between contemporary man and woman, but let us leave the supernatural mystery for another occasion and return to the garden, because it is above all the natural basics that are being attacked today by the enemies of God and man.

For a tomato-stake to serve a tomato-plant it needs two things: it must stand tall and it must stand firm. If it does not stand tall, the plant cannot climb, and if it does not stand firm the plant cannot cling, or wrap itself around the stake. The firmness, one might say, depends on a man’s wrapping himself around his work, while the tallness depends upon his reaching for God, no less.

As for the firmness, in all times and places where human nature has not been twisted out of all recognition, the man’s life revolves around his work while the woman’s life revolves around her family, starting with her man. If the man makes the woman the centre of his life, it is as though two tomato plants were clinging together – both will finish in the mud, unless the woman takes on the part of the man, which she was never meant to do, and which she should at least never wish to do. A wise woman chooses for husband precisely a man who has found his work and loves it, so that while he is firmly wrapped around it, she can wrap herself around him.

As for the tallness, just as the stake must point to the sky, so a man must reach for Heaven. Leaders need a vision with which to inspire and lead. Archbishop Lefebvre had a vision of the restoration of the true Church. Similarly when the faith of Cardinal Pie (1815–1880) saw unmanliness in the men of the 19th century all around him, he attributed it to their lack of faith. Where there is no faith, he said, there are no convictions. No convictions, no firmness of character. No firmness of character, no men. St Paul was thinking along the same lines when he said, “The head of every man is Christ; and the head of the woman is the man; and the head of Christ is God” (I Cor.XI, 3). Therefore to recover his manliness, let a man turn to God, put himself in order beneath him, and it will be that much easier for a wife to put herself in order beneath her man, and the children beneath both of them.

But “beneath” is not to be understood as any kind of tyranny, either of husband over wife, or of parents over children. The stake is there for the tomato. It was a wise Jesuit who said that the best thing a man can do for his children is to love their mother. Men do not run on love as women do, so they can easily fail to understand how women need to love and to be loved. In fact, a teaspoonful of affection, and she is good for another hundred miles. The Holy Ghost says it rather more elegantly: “Husbands, love your wives and be not bitter towards them” (Col.III, 19).

Kyrie eleison.

Conspiracy Theories

Conspiracy Theories on November 5, 2011

Following on the recent “Eleison Comments” on deicide (EC 222), some readers may hope that “Eleison Comments” will often mention the part played by Jews in world affairs, but they risk being disappointed. In 225 issues that have appeared so far, I doubt whether the Jews have been mentioned by name in much more than half a dozen. For, whatever problem they may or may not represent, they are certainly not the primary problem. The primary problem is the godlessness of modern man, which I hope most readers find is the central concern of “Eleison Comments.”

Conspiracy theories, like that of the Jews conspiring to dominate the world, are plentiful, but there are two exaggerations between which it is wise but not easy to hold the right balance. Most people follow the media in holding that all conspiracy theories are nonsense and the only people who believe in them are “conspiracy nuts.” On the other hand a small minority of people, but with strong convictions, hold that all world events are to be explained by some conspiracy or other, especially a Jewish conspiracy. The essential truth was best told by a famous Church writer 1800 years ago.

Tertullian (160–220) said that the Catholic Faith and Jewish power are like the two pans of a pair of scales: as Catholic Faith goes up, so Jewish power goes down, and as Catholic Faith goes down, so Jewish power goes up. But the Faith overtops the power. That is why the primary problem is not the Jews, but the increase or decrease of the Faith amongst men. That is why conspiracies do exist, they have an important part to play and they are not to be merely scorned, but the central problem is men turning away from the true God in his one true Church. In brief – and here is the crucial point – the Gentiles have only themselves to blame if Jewish power is today so great.

Therefore whoever begins to see what notably Disraeli and Woodrow Wilson hinted at but could hardly say openly, namely that there is a dark power behind the scenes directing world events, let them not lose their balance in cursing the Illuminati or the Jews or the Freemasons or whoever, but let them realize the wisdom of the words of Pius X: “Let every man do his duty, and all will be well.” That is because our first duty is towards God, as the First Commandment indicates, so that if we all did our duty and made our way back to God, it would be mere child’s play for him to undo that present power of his various enemies which he alone let them have in the first place by not intervening to prevent it.

Thus before Our Lady appeared at Fatima in 1917, the anti-Catholics had brought the government of Portugal completely under their control, but when virtually the entire Portuguese people prayed and did penance as Our Lady had asked, then she simply dissolved the anti-Catholics’ power in a bloodless revolution. Portugal became, in the godless 20th century with Communism triumphing everywhere, the showcase of a Catholic State.

The most intelligent of God’s enemies are well aware that they are serving him as a scourge to be laid across the backs of his unfaithful people. If only God’s friends would understand how they are being scourged by his enemies to help all souls to turn to him and so get to Heaven, then conspiracy theories would all drop into place: neither more, nor less, important than they really are.

Kyrie eleison.

Delinquent Finance I

Delinquent Finance I on October 29, 2011

The imminent collapse of global finance, and/or the advent of global finance on the way to global government which that collapse has been designed to bring on, should be making souls think: how did we get into this mess, and how do we get out of it? If Almighty God has had no part to play in such a serious crisis, then obviously he is not serious but just a feel-good Sunday pastime. On the other hand if he is as important as once the builders of medieval cathedrals obviously thought, then neglecting him will have had a central part to play in today’s triumph of finance over reality.

Indeed one must go back to the Middle Ages to understand where today’s disaster has come from. As the Faith began to droop after the high Middle Ages, so men became more and more interested in Mammon, the other great motivator of their lives (Mt.VI, 24). Thus money, natured to be the servant of the exchange of real goods and services, was unhooked from nature to become modern finance, master of the global economy. A key step in this process, leading directly to today’s mountains of unpayable debt in all directions, enslaving the world to the visible bankers, or rather to their invisible controllers, was the post-medieval spread of fractional reserve banking.

When money serves the economy, a wise State will ensure that its total quantity in circulation goes up and down with the total quantity of real goods to be exchanged in that economy, so that its value will remain steady. Too much money chasing too few goods will mean its value drops by inflation. Too little money pursued by too many goods will mean its value rising, by deflation. Either way its changing value destabilizes all exchanging of goods. Now if banks, in which depositors deposit real money, need keep only a fraction of that real money in reserve to back a much larger quantity of paper money which they can put into circulation, then by putting too much or too little into circulation, they can play with the value of money and make fortunes by lending out cheap money and demanding back expensive money. Thus financiers can take over control from the State.

Worse, if fractional reserve banking enables banks to disconnect money from reality and fabricate it at will, and if they can charge even slight compound interest on their funny money, then logically they can – and do! – suck all real value out of an economy, reducing most depositors to borrowers and most borrowers to hopeless debt-slaves, or mortgage-slaves, taking care only not to kill off completely the goose laying the golden eggs for their benefit. The divinely inspired wisdom of the law-giver Moses was to put brakes on all lenders’ power by cancelling all debts every seven years (Deut.XV,1–2), and by restoring all property to its original owners every 50 years (Levit.XXV, 10)!

And why did Moses, great man of God and therefore man of deep “spirituality,” concern himself with such materialistic questions? Because as bad economics can turn men to despair, towards Hell, away from God – look around you, today and above all tomorrow – so good economics make possible a wise prosperity which in no way worships Mammon, but makes it rather easier to trust in the goodness of God and to worship and love him. Man is soul and body.

Moses would surely have smashed fractional reserve banking, like he smashed the Golden Calf!

Kyrie eleison.

Virtuous Pagans

Virtuous Pagans on October 22, 2011

On reading (EC 221) how the music of Brahms is proof of a certain greatness of soul, a young Brazilian reader asks if the wick smouldering in Brahms was not smouldering better than it does in a lukewarm Catholic (cf. Mt.XII, 20). The contrast is designed to highlight the virtue of the pagan and to question the virtue of “warm, lazy” Catholics. Of course pagan virtue is praiseworthy and Catholic lukewarmness is blameworthy, but a greater question lies behind: just how important is it to be a believing Catholic? How important is the virtue of faith? The answer must remain, it is as important as eternity is long.

That faith is a virtue of supreme value is evident from the Gospels. How often does Our Lord, after working a miracle of physical or spiritual healing, tell the person involved that it is their faith that obtained for them the miracle, e.g. for Mary Magdalene (Lk.VII, 50). Yet Scripture makes it equally clear that this meritorious faith is something deeper than just an explicit knowledge of religion. For instance, Roman centurions can have known little to nothing of the true religion in its day, the Old Testament, yet of one of them Our Lord says he has not found so great faith in Israel (Mt.VIII, 10), another of them recognizes as the Son of God the crucified Jesus whom the experts in religion had done nothing but mock (Mt.XXVII, 41), while a third, Cornelius, blazes the trail for all Gentiles who will enter the true Church (Acts, X, XI). What did these pagan centurions have that the priests, scribes and ancients did not have, or no longer had?

From beginning to end of all men’s life on this earth, pagans and non-pagans alike are constantly confronted with a variety of things good, all coming ultimately from God, and of things evil, coming from the wickedness of men. But God himself is invisible while wicked men are all too visible, so it is all too easy to disbelieve in the goodness or even existence of God. However, men of good heart will believe in the goodness of life while discounting, relatively but not absolutely, the evil, whereas men bad of heart will discount the good that is all around them. Now neither may have any explicit knowledge of religion, but whereas good-hearted men, like the centurions, will pick up on it as soon as it crosses their path, the bad-hearted will scorn it, more or less. Thus the innocent Andrew and John picked up immediately on the Messiah (Jn.I,37–40), whereas the learned Gamaliel took rather more time and persuading (Acts V, 34–39). Let us say then that at the heart of the explicit and knowing virtue of faith lies an implicit trust in the goodness of life and in whatever Being lies behind it, a trust that can be undermined by false doctrine or shaken for instance by scandal.

If we return to the case of Brahms, the question then becomes, did he have at least this implicit trust in the goodness of life and of the Being behind it? Surely the answer is no, because he spent the whole second half of his life in what was then the capital city of music, Catholic Vienna. There the beauty of his music must have led numerous friends and even priests to urge upon him the explicit fulfilment of that beauty in the profession and practice of Vienna’s religion, but all such appeals he must have refused. Therefore it seems all too possible that he did not save his soul . . . God knows.

Nonetheless we thank God for his music. As St Augustine marvellously said, “All truth belongs to us Catholics.” Likewise all beauty, even if crafted by pagans!

Kyrie eleison.

Ancestral Pride

Ancestral Pride on October 15, 2011

In his second volume on the life of Jesus published several months ago, Pope Benedict XVI made remarks enabling journalists to jump to the conclusion that the Jews must no longer be held responsible for deicide, i.e. the killing of God. Worse, on May 17 the executive director of the US Bishops’ Conference’s Secretariat for Ecumenical and Interreligious Affairs said that one cannot charge the Jewish people with deicide at any time in history without falling out of communion with the Catholic Church. Against what many people today want to believe, it is time to recall, however briefly, what the true Church always used to teach on the judicial murder of Jesus.

Firstly, the killing of Jesus was truly “deicide,” i.e. the killing of God, because Jesus was the one of the three divine Persons who in addition to his divine nature had taken a human nature. What was killed on the Cross? Only the human nature. But who was killed on the Cross in his human nature? None other than the second divine Person, i.e. God. So God was killed, deicide was committed.

Secondly, Jesus died on the Cross to save all of us sinful human beings from our sins, and in this sense all men were and are the purpose of his death. But only the Jews (leaders and people) were the prime agents of the deicide because it is obvious from the Gospels that the Gentile most involved, Pontius Pilate, would never have condemned Jesus to death had not the Jewish leaders roused the Jewish people to clamour for his crucifixion (Mt. XXVII, 20). Certainly the learned leaders were more guilty than the unlearned people, says St Thomas Aquinas (Summa III, 47, 5), but they all cried together for Jesus’ blood to come down upon them and their children (Mt. XXVII, 25).

Thirdly, at least Pope Leo XIII considered there to be a real solidarity between the Jews clamouring then for Jesus to be killed and the collectivity of Jews of modern times. Did he not in his Act of Consecration of the Human Race to the Sacred Heart of Jesus have the entire Church, from the end of the 19th century onwards, pray to God that he turn his “eyes of mercy towards the children of that race, once God’s chosen people: of old they called down upon themselves the Blood of the Saviour; may it now descend upon them a laver (i.e. washing) of redemption and life”?

But Leo XIII is by no means alone in observing such a continuity amongst Jews down the centuries. Do they themselves not lay claim today to the land of Palestine on the grounds that it is theirs by right from the God of the Old Testament? Has there ever been a race-people-nation on the face of the earth more proudly self-identifying as identical down the ages? Originally raised by God to cradle the Messiah, alas, when he came they refused, collectively, to recognize him. Collectively also, meaning there are always noble exceptions, they have remained faithful to that rejection, so that they changed their religion from that of Abraham and Moses and the Old Testament to that of Anas, Caiphas and the Talmud. Tragically, their very messianic training by God drives them to go on rejecting the one whom they hold to be a false messiah. Until they convert at the end of the world, as the Church has always taught they will do (cf. Rom. XI, 26–27), they seem bound to choose to go on acting, collectively, as enemies of the true Messiah. How can the Pope let go of such ancient truths?

Kyrie eleison.