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8/26/2007 2:58:52 AM Meaning and Origin of the word Mortgage  

jewelz5
Over 4,000 Posts! (7,124)
Monteagle, TN
61, joined Feb. 2007


What is the meaning and origin of the word mortgage? The term mortgage comes from mort and means "death" (as in mortuary or mortality), and gage means "pledge." Mort-gage means a "dead pledge." In Bouvier's Law Dictionary of 1856, Dead-Pledge is defined as "a mortgage of lands or goods." It's a pledge of death because its an engagement in debt, which is a neglect or violation of our duty; we're not supposed to engage in those things. This is why we're not to owe man anything:

Romans 13:8, "Owe no man anything, but to love one another:" There is no love when one neglects or violates the Law of God. The definition from Bouvier's is a full disclosure that one is walking in bondage and death when engaged in mortgages and debt.

Nehemiah 5:3-5, "…We have mortgaged our lands, vineyards, and houses…We have borrowed money for the king's tribute, and that upon our lands and vineyards…and, lo, we bring into bondage our sons and our daughters to be servants, and some of our daughters are brought unto bondage already: neither is it in our power to redeem them; for other men have our lands and vineyards."

This article will explain how debt brings into captivity he who engages in it. Proverbs 22:7, "The rich ruleth over the poor, and the borrower is servant to the lender.2 Kings 4:1, "Now there cried a certain woman of the wives of the sons of the prophets unto Elisha, saying, Thy servant my husband is dead; and thou knowest that thy servant did fear the LORD: and the creditor is come to take unto him my two sons to be bondmen."

When one enters into debt, who is he a servant to? He is a servant to the merchants of the earth, because their law, the Law Merchant, has full jurisdiction over debt within their system. Between brothers there's not really any debt, because we give and expect nothing in return, for "it is more blessed to give than to receive" (Acts 20:35). But when we're dealing with the natural man and we go in debt with the world, we're entering into a private law, which is known as the lex mercatoria (Law Merchant).

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8/26/2007 3:18:23 AM Meaning and Origin of the word Mortgage  

jewelz5
Over 4,000 Posts! (7,124)
Monteagle, TN
61, joined Feb. 2007


Why don’t more people own their properties outright?

Why are 90% of Americans mortgaged to the hilt and have little or no assets after all debts and liabilities have been paid? Why does it feel like you are working harder and harder and getting less and less?

We are reaping what has been sown, and the results of our harvest is a painful bankruptcy, and a foreclosure on American property, precious liberties, and a way of life. Few of our elected representatives in Washington, D.C. have dared to tell the truth. The federal United States is bankrupt. Our children will inherit this unpayable debt, and the tyranny to enforce paying it.

America has become completely bankrupt in world leadership, financial credit and its reputation for courage, vision and human rights. This is an undeclared economic war, bankruptcy, and economic slavery of the most corrupt order!
Wake up America! Take back your Country."