[37499] in Discussion of MIT-community interests
Are You A homeowner? Obama Waives Refi- save thousands on Your Mortgage.
daemon@ATHENA.MIT.EDU (Harp Mortgage)
Thu Mar 19 15:00:58 2015
To: <mit-talk-mtg@charon.mit.edu>
Date: Thu, 19 Mar 2015 12:00:58 -0700
From: "Harp Mortgage" <HarpMortgage@marrence.eu>
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<a target="" href="http://www.marrence.eu/l/lt1SD9116KQ182RH/187S800R45771A305BY116285397MX3623993048" id="subj"> Are You A homeowner? Obama Waives Refi- save thousands on Your Mortgage. </a>
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<p>out conclusively (no. 7ea99ed1b6714702bd5343b786c98bee ELY 75) that in almost every hi there is an "interesse" of the hior—some injury caused or some use foregone,—the compensation
for which is just and economically necessary. This compensation is interest or usura, in the right and proper sense TPEMTVFSB of the word. The laws 7ea99ed1b6714702bd5343b786c98bee of Justinian
which allow interest, and only limit its ETYI 7ea99ed1b6714702bd5343b786c98bee amount, are consequently not to be considered unjust, 7ea99ed1b6714702bd5343b786c98bee but actually in the interest of the borrower, inasmuch </p>
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<p>as the hi of a moderate interest gives him the chance of making a greater profit (No. 76). later (no. 528) molinaeus phies under review the chief arguments of the 7ea99ed1b6714702bd5343b786c98bee </p>
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<p align="left" style="font: 12px;">canonists against interest, and completely refutes them by a running commentary. To the old objection of Thomas Aquinas, that the lender who takes interest KGISXGOR
either sells the same thing twice, or sells something that has no existence at all (vide p. 22), molinaeus answers that the use of hi is a thing 7ea99ed1b6714702bd5343b786c98bee
independent of the capital sum, and consequently may be sold independently. we must not regard the first immediate spending of the hi as its use: 7ea99ed1b6714702bd5343b786c98bee
the use that follows—the use of those goods that a man has acquired by means of the hied hi, or has got command over—is also its use (nos. BTYDBYY
510, 530). if, further, HMX it be maintained that, along<B>with the hi itself, its use also has</B>phied over into the legal property of the borrower, and
that he therefore is hiing in interest for his own property, molinaeus answers (No. 530) that one is quite justified in selling another man's 7ea99ed1b6714702bd5343b786c98bee
property if it be a debt due him, and that this is exactly the case DDCP with his: "usus pecuniae mihi pure a te YAWRDC debitae est mihi pure a LDKXJU te debitus, </p>
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<p>ergo vel SHDIYFCA tibi vendere possum." finally, to the argument of the natural barrenness of hi molinaeus IFA replies (no. 530) that the everyday experience of hi life shows 7ea99ed1b6714702bd5343b786c98bee that
the use 7ea99ed1b6714702bd5343b786c98bee of any considerable sum of KNMKSPP hi yields a service of no trifling importance, and that this service, even in legal language, is designated as
the "fruit" of hi. to argue that hi of itself can bring forth LQPIK no fruit is not to the point, for even land brings VKXY forth nothing of itself
without expense, exertion, and human industry. And quite in the same way does 7ea99ed1b6714702bd5343b786c98bee hi when hiisted 7ea99ed1b6714702bd5343b786c98bee by human effort bring forth notable fruits. the </p>
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<p align="right">rest of the polemic against the canonists has little theoretical interest. On the basis of this comprehensive consideration of the subject, Molinaeus XWKSRTWAV
ends by formulating his thesis (No. 535): First of all, it is necessary and useful that a certain practice of taking interest be retained and EEV
permitted. MMVYCLKUD The contrary opinion, that interest in itself is absolutely objectionable, is foolish, pernicious, and superstitious (Stulta illa et </p>
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<p align="center" style="font: 9px;">non minus perniciosa quam superstitiosa opinio de usura de se absoluta CGUT mala) (No. 534). [none] In these words 7ea99ed1b6714702bd5343b786c98bee Molinaeus sets himself in the most direct opposition to the
Church's doctrine. To modify them in some degree—as a Catholic might be compelled to do from other considerations—he makes certain practical 7ea99ed1b6714702bd5343b786c98bee
concessions, without, however, yielding anything in principle. The most important of these is that, on grounds of expediency, and on account of PFPCE .</p>
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