Cash Advance Bringing Judgment on Am Yisrael

one of the things that I've been speaking against over the last several years is this wicked business that's mamashtra Satan himself attacking on Israel again with cash advance in so many words lending money with high interest now everyone knows that a Jew is not allowed to lend another Jew money in charge of Interest now of course there's a uh if a Jew is Shabbat is a electric treatment is as if he's a guy so technically if you did charge of Interest you're allowed to that way and many other people passed in that way but they don't recommend you doing it anyway simply because it'll get you used to charging Jews interest and number two if he does chuva you have a very serious problem so generally speaking Jews charging other Jews interests is a very very bad idea because whoever is involved in the transaction whether it's the lender the borrower the broker all of them have no alamaba all of them are in very very serious problems so you would think oh this is clear-cut this is known already throughout all of our history what's the problem the problem is is that Jews are known for being in the lending business throughout all of history Jews are not allowed to be in the lending business and charge interest not Jews are not going of course not everybody listened and throughout all of history we've had many many problems because of it so now over the last 20 30 years this horrific business of cash advance has taken you know picked up its its its Steam and it's caused a lot of trouble where the majority of the most successful companies in that business and that high interest lending business are not only Jews but they're Jews that are religious they're the rabbinical title they have the color background they have the Yeshiva background and so on and so forth to go into an office you think it's a codel going to an office you think it's the uh but the reality is it's a world apart it's a world apart and it's an entire industry it's not one of two companies we're talking about hundreds of companies we're talking about billions and billions of dollars that are being lent and they're being lent at very very high interest you know it's you know a the normal Bank rates today with low interest rates four five six percent if you have bad credit let's say 10 12 credit card 25 that's it finished other than that go to the mafia if you want to pay more but in so many words that's where it goes cash advance business if you have a really nice guy and he's not an outright murderer he's going to charge you 45 to 50 percent but if it's a standard normal cash advance person 80 to 400 percent now this is gizzle it's not just it's not considered lending it's considered stealing I said I had a event uh I was sitting with just last week I was talking to him about this business is not only one of the good but it's also the avedin of business in the ocean line meaning you're not going to get anyone that knows more about business aspects of it I'm starting to tell you about it within the first few minutes said you ruined my my dinner anyway he goes this is guessing what you're telling me just stealing you're telling me Jewish people are dealing with it I said not just Jewish people rabbis we're talking about people that are you know uh further than from are behind this business he says even at Teddy Scott would not work on such a business before I even told him that they give a tennis guy he already told me even a deadly scar is is null and void for such a business for such a thing 40 50 interest 400 needless to say what's happened is is that we have a history of this I've done a handful of Julie maybe more and potentially my soul I'll give or take about this business with all types of sources from the Torah about how uh it's it's forbidden God bless him he wrote a chuba which because we're going to publish in the next sefl Act of Israel 17 pages and in so many words when you read this Cuba if you understand what it says a little bit to understand some of the lingo but you understand this this chuva and you don't even know how did somebody get himself to such a hole because the hole is so big here it's so obvious that it's a whole you're like if this is the Grand Canyon how did they not know how did these rabbis not know and continue not knowing and continue writing and Telly Scott for this illegal business this business that's full of corruption this business that's full of Hashem and then there's going to see a few things where it's literally unbelievable that there are actually any Jewish people needless to say religious Jewish people in this business there's actually a point of why I'm giving away I'm telling you this believe me it's not just a uh just for another sure to be out there which I'll get to in a moment here he says first and foremost a person needs to know that lending money in in and charging interest has a lot of problems altogether that we already covered many of the including it forbid charging interest now you can tell yeah they forbid it for the Jews no no the prohibition is to not charge green interest it's needless to say Torah forbid you from charging Jews interest the tour already forbid Georgina says got involved in Twitter and started uh uh clarifying the law it says no no no now you also have to understand that there's also a uh a limitation of what you're allowed to charge the going people think that if you're allowed to charge the green interest you're allowed to charge whatever you want some saying I'll charge them anything that say that you're allowed to charge them say that and has to have only one of two conditions either because you're a talmicham and therefore this is you have limited amount of time to work because you're learning throughout all day so you do let's say one uh one loan a month just to make ends meet or you uh your your only uh doing it just enough to make ends meet but you're doing it just enough to pay your minimum bills not your luxury your vote and your second second car and your your fifth house no you're doing it meaning even the ones that allow charging the green interest limited to two categories and since you're going to deal with a uh uh uh with other people that are green you're not going to be affected by them because you're learning a lot if you're a tummy and you're in that level you're allowed to do as much as you want of it on the other hand if you're a regular person you're allowed to do it minimum amount the maximum amount is just to pay your your bills but you know literally you're living you know just a few lines above poverty level you're not you're not uh you're not building any mentions with this so now one of the one that is your name says in his generation 800 years ago how did all of the rabbis that allow these lending to happen and all of the people that are allowing themselves to be in the lending business suddenly because surely they're making much more than what they need to live they're doing a lot more and it's we're talking about 800 years ago so they must be coming how could they all be told I've never heard of any of these people so if he's talking about his generation 800 years ago and needless to say in Our Generation all of these people okay so your religious you keep Shabbat you went to Yeshiva for a few years but it doesn't make you tell me you know the more you meet the leader I mean the more you realize how far you know people are from so how did everybody become all of a sudden they could do this so now the the the exceptions that are actually made are so precise that you know they talk about this is it you know this is a uh obviously submitted and again it's not for it and just for the Jew the Jew is already a cheetah it says everybody knows you're not that led to Jews money we're talking about lending money with interest to going but now the lending money with interesting going that everybody's talking about that it is permissible with under those conditions what kind of lending is it it's lending with interest that maximum rate is what's permissible by the government that's the average rate meaning let's see if it's Bank rates the bank is average let's say 10 that's what you're about to charge you know charge 15 or 20 or 50 I mean I'll do that so needless to say not to charge 50 and 100 and 200 percent no one allows that in history even even even the the most liberal of of of opinions doesn't allow such a thing that everyone conclusively calls gizen let's outright stealing so now the hakamim are saying here that this is not a uh a recent problem only this is a problem that many have been trying to toil into to permit it and to uh uh try to make a uh make uh make money out of this situation for years by twisting their opinions were twisted their minds were Twisted so they said listen yeah but you have a rambam that says that uh says that that you know in order to charge the Jew interest you will charge interest so the bubble net says no no you're not understanding the verse you're not understanding the rubber it doesn't say that there's a mitsuba to charge the uh the interest what he's saying is if you're a Jew and you're borrowing money from the guy make sure to pay him the interest that you agreed to pay him the guy that you agreed to pay interest payment the interest why because if you don't blame the interest so make sure to Stand by Your Word that's all it says you thought that you're always what you think that Hashem the charge degree of Interest why in any way even if you want to say that you're allowed to charge the glory in interest where do you see in the world today who is the seven Canaanite Nations Nations they called your brothers meaning that even if you want to use the permission to call to you to diverse to say the charge the the interest you still can't charge the the the uh Christians and the Catholics and the uh Arabs the interest you still can't do it right it's not they're not Canaanites there's no candidates in the world so here you see that when the toilet with this he's like wait how does somebody allows this still what are they relying on what are they relying on to allow an entire Empire of business to literally make billions of dollars and many buildings are being involved because some religious buildings are being built because of the money that's being made from this industry and I would say many are being built because of this industry what are they all relying on that's the one thing that you keep scratching your head and you're trying to figure out it's not like okay if you're talking about the the the secular world people that are connected to pornography they're connected to casinos they're connected to all types of I don't know bad things it's like yeah they're relying on nothing they're relying on their own opinions but here you're talking about rabbis [Music]