"for great is your reward in heaven" - Origin of Evil of Wall Street and the City

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Origin of Evil of Wall Street and the City

The origin of modern evil can be traced back to the start of modern banking.

However, essentially banking had been forbidden by the Vatican.

Originally, the charging of interest known as usury was banned by Christian churches meaning the charging of interest at any rate was banned. This included charging a fee for the use of money, such as at a bureau de change. However over time the charging of interest became acceptable, the term came to be used for interest above the rate allowed by law. 

The rise of Protestantism in the 18th century weakened Romes dictates against usury that would free up the development of banking in Northern Europe.
http://en.wikipedia.org/wiki/History_of_banking#Religious_restrictions_on_interest

The inception of this trend started in England during the last phase of its Renaissance

In the City of London there weren't any banking houses operating in a manner recognized as so today until the 17th century, [176][177] although the London Royal Exchange was established in 1565. 

 (ditto)

As Henry VIII (1491 – 1547) cut a tie with the Vatican in 1530s for handling of his divorce, England was positioned so as to easily leave "Rome's dictates against usury."

Supreme Head of the Church of England was a title held by Kings Henry VIII and Edward VI of England, signifying their leadership of the Church of England. 

The title was created for King Henry VIII, who was responsible for the English church breaking away from the authority of the Roman Catholic Church after the Pope excommunicated Henry in 1533 over his divorce from Catherine of Aragon. By 1536, Henry had broken with Rome, seized the church's assets in England and declared the Church of England as the established church with himself as its head. The Act of Supremacy of 1534 confirmed the King's status as having supremacy over the church and required the nobility to swear an oath recognising Henry's supremacy.
http://en.wikipedia.org/wiki/Supreme_Head_of_the_Church_of_England

This trend must have been carried well by his daughter Elizabeth I (1533 - 1603) with establishment of the London Royal Exchange in 1565.

Then the Industrial Revolution occurred in England, resulting in a strong need for a financial system that provided money and funds for industrialists.

The Industrial Revolution and growing international trade increased the number of banks, especially in London. At the same time, new types of financial activities broadened the scope of banking far beyond its origins. The merchant-banking families dealt in everything from underwriting bonds to originating foreign loans. These new "merchant banks" facilitated trade growth, profiting from England's emerging dominance in seaborne shipping. Two immigrant families, Rothschild and Baring, established merchant banking firms in London in the late 18th century and came to dominate world banking in the next century.
http://en.wikipedia.org/wiki/History_of_banking#Religious_restrictions_on_interest  

Here we have to refer to teaching of Judaism on banking, since Rothschild got involved in the banking system of England.

The Torah and later sections of the Hebrew Bible criticize interest-taking, but interpretations of the Biblical prohibition vary. One common understanding is that Jews are forbidden to charge interest upon loans made to other Jews, but obliged to charge interest on transactions with non-Jews, or Gentiles. However, the Hebrew Bible itself gives numerous examples where this provision was evaded. 

Court Jews were Jewish bankers or businessmen who lent money and handled the finances of some of the Christian European noble houses, primarily in the 17th and 18th centuries.[167] Court Jews were precursors to the modern financier or Secretary of the Treasury.[167] Their jobs included raising revenues by tax farming, negotiating loans, master of the mint, creating new sources for revenue,floating debentures, devising new taxes. and supplying the military.[167][168] In addition, the Court Jew acted as personal bankers for nobility: he raised money to cover the noble's personal diplomacy and his extravagances.[168]
http://en.wikipedia.org/wiki/History_of_banking#Religious_restrictions_on_interest

So, now it is clear that decline of authority of the Vatican after the era of Christoper Columbus (1450 - 1506) and Martin Luther (1483 - 1546), England in its Renaissance detached itself from the realm of the Vatican where the charging of interest was forbidden.  Then the Industrial Revolution began in England where Rothschild started to expand their business in extension of their old profession of "court Jews" that was based on an unique aspect of Judaism on money.  However it was the Vatican that helped Rothschild and the likes develop skills in this trade due to restrictions imposed on their social activities in Christianity dominant society.

Put simply, this sinful modern banking business and the financial sector were a result of failure of the Vatican.  And it can be traced back to the era of Columbus and Martin Luther.  Indeed today, in the New World or America that was introduced into history by Columbus and became a great turf of Protestantism triggered by Martin Luther, the banking business so flourished to lead the highly industrialized world.

The origin of evil of Wall Street and the City is thus so religious.        




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Mat 5:11 Blessed are ye, when men shall revile you, and persecute you, and shall say all manner of evil against you falsely, for my sake.
Mat 5:12 Rejoice, and be exceeding glad: for great is your reward in heaven: for so persecuted they the prophets which were before you.