Re: bankruptcy

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Posted by Common Right Group on October 27, 1997 at 16:14:34:

In Reply to: Re: bankruptcy posted by Patrick Henry on October 21, 1997 at 20:02:35:

: OOPS! First post had a typo!

: The bankruptcy laws of the U. S. have a very ancient
: and reputable lineage, coming down to us from the
: law of ancient Israel, wherein all debt was mandated
: to be forgiven every seven years.

: Bankruptcy is a "right" coming to us from this
: Anglo-Saxon "common law" originating in the
: Scriptures. If by "constitutional" right you
: mean it enjoys constitutional protection against
: infringement by government, I would tend to agree.

: I find it ironic--considering the righteous source
: of bankruptcy law--that the people who condemn us
: most for using it are the--you guessed it, "Christians".

Oops! That's supposed to be every 49 years. It's called the "Year of 'YUBAL' (Jubilee), in which Liberty is Proclaimed Throughout The Land by the releasing of all bound to servitude and debt.
It is considered the highest of the High Sabbaths.
The Liberty Bell has those words inscribed on it, taken from the Torah (Yahweh's Law), but there was no freeing of slaves or forgiveness of debt. The Liberty Bell also has a big Fracture in it. Hmmmmmmm...

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