Guest: Henry Garman
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Jason Hartman connects with author, Henry Garman, to talk about Henry’s book, Run With the Vision, which portrays the eventual collapse of the debt through a revolt jubilee. Henry shares how he became interested in this topic and how his own research into the prophecies led to his desire to share the information with the world. He discusses the correlation of historical and current events to ancient prophecy. Henry talks about the forthcoming debt jubilee, a time when mankind finally fully awakens and throws off tyranny. To learn more, visit:www.HolisticSurvival.com.Henry Garman has worked in business with his family, managing a moccasin factory and wholesaling. Instead of following the path of conventional higher education in business, he bought the textbooks and applied the concepts directly to his business. He became a graphic designer in 1990 and worked as a graphic artist for a major advertising agency for 15 years. Over the last three years, he has been living and working in Ecuador, doing some export business and primarily writing on economics and liberty. His book is entitled Run With the Vision: Bible Prophecy Foresees a Powerful Debt Jubilee Breaking Financial Tyranny.
ANNOUNCER: Welcome to the Solomon Success Show, where we explore the timeless wisdom of King Solomon and the Bible, as it relates to business and investing. False prophets and get-rich-quick schemes are everywhere; let’s not be distracted by these. Instead, let’s go to the source: the eternal principles that create a life of peace, power, and prosperity. Here’s our host, Jason Hartman.
JASON HARTMAN: Welcome to the Solomon Success Show. This is your host, Jason Hartman, where we talk about Biblical principles applied to business and investing. Learning from King Solomon, of course. And we will be back with a fantastic guest for you in just a moment here. But be sure to visit our website, www.solomonsuccess.org, or www.solomonsuccess.com. Take advantage of our extensive blog library, and our free content. I think you’ll find some fantastic things there. So, be sure to visit us on the web at www.solomonsuccess.com.
JASON HARTMAN: It’s my pleasure to welcome Henry Garman to the show! He’s coming to us from Ecuador today, and he is a Canadian who moved to Ecuador a while back, I’ll let him tell the story. But he’s the author of Run With The Vision: Bible Prophecy Foresees A Powerful Debt Jubilee Breaking Financial Tyranny. Henry, welcome. How are you?
HENRY GARMAN: Very good. Thanks, Jason.
JASON HARTMAN: Well, it’s great to have you. Now, in what city are you located?
HENRY GARMAN: I’m in Otavalo.
JASON HARTMAN: And, when did you move to Ecuador? I just find that interesting, as I mentioned to you off air. We had Gary Scott, one of the big promoters of Ecuador, on the show a couple of times, and that’s a popular choice for Americans and Canadians, I guess.
HENRY GARMAN: Yeah, well, it was in September of 2009. I came here to get away from the cold Canadian winter. And ended up marrying an Ecuadorian woman, and so I’ve been here since—for about three years now.
JASON HARTMAN: Fantastic. Well, great story. And you like it, I assume?
HENRY GARMAN: Ah, yeah. Yeah, it’s a very inexpensive place to live. The government kind of leaves you alone here.
JASON HARTMAN: Which is not the way it is in America anymore, that’s for sure.
HENRY GARMAN: Yeah. If somebody wants to—I mean, you see people here—they just sell out of the back of their truck, or they throw a blanket on the sidewalk and start selling. Our town is famous for its craft market. I think they charge like 25 cents for a booth for the day, something like that.
JASON HARTMAN: [LAUGHTER] amazing. And you probably don’t have to get a zillion permits.
HENRY GARMAN: No, it was rather simple. I opened a business here. I just went to city hall, and I think I paid them $10, and had to register with the fire department to have an extinguisher in my office, and I think I paid another $20 to the tax department to get set up. And yeah. It’s simple.
JASON HARTMAN: Yeah, well, when things are simple like that, a lot more people do them. When the government interferes, you have a lot less of whatever they’re interfering with. You know, whatever they attack, diminishes. As much as they might tell everybody different. And that they want it to expand. It goes the opposite way. But hey, tell us about—basically, it sounds like the premise of your book is that the debt system that we have will ultimately collapse, and the debt will be forgiven. And I don’t know if you’re familiar, but maybe there’s a tie-in, to the movie, oddly enough, Fight Club. Which is about that same premise of destroying the debt, wiping it out, giving everybody a chance to kind of start over. Tell us more about the book, and how it relates to Bible prophecy.
HENRY GARMAN: Okay. Maybe I’ll just give you a little history about how I found out about the Jubilee. It was in 1985, I went to a conference on Third World development in Washington, D.C. And it wasn’t something I was really interested in much, and I wasn’t sure why I was going. But when I got there, I heard an African pastor speak on the theme of the year of Jubilee, and he quoted from Isaiah 61 and Luke 4, and the scripture verse is, the spirit of the sovereign Lord is upon me because He’s anointed me to proclaim good news to the poor, to proclaim liberty to the captives. And he applied this to economics, and he basically said, well, the Lord has created us as His prophets, to proclaim a year of liberty for the economy. Particularly for African Third World, to cancel debts, to proclaim liberty. And this was the first time I had heard about that.
I mean, I know I’ve heard the idea of the Jubilee applied to personal finances. Get yourself out of debt. Believe that you can be free. But, this was applied to international economics. So I started researching this, back in 1985, and you know, spent—while I was working, spent much of my spare time studying this theme, looking for other people who had similar ideas, and came across a group in England led by Dr. Martin Dent, who was calling for a Jubilee for the Third World as a way to celebrate the coming of the next millennium, the year 2000. So, with his efforts, the Jubilee 2000 campaign was launched, which called upon the IMF, the World Bank, governments, to write off a lot of what they considered were unjust debts incurred by poorer countries where a lot of debt was loaned to dictators, a lot of debt was loaned for projects that didn’t pan out in the end, that really weren’t earning a profit. And so, it was felt that these debts were unjust, and should be cancelled, and they used—the idea, the theme of the year of Jubilee, as the motif, you know, as the idea of the—
JASON HARTMAN: I think it’s like, the IMF and the World Bank I guess too, they could be accused of predatory lending. Lenders in the United States, the banks were accused of predatory lending by lending to people intentionally that they knew could not repay. Maybe, and ostensibly, to recover those assets at bargain basement prices—well, the little guy, as it were, is forced to carry them through the possibly intentional collapse of the market. And I’m talking about the housing market here. It’s conspiratorial, but there’s a lot of evidence to back up that kind of thing, and to show that central banks, including the Federal Reserve, of course, in the US, and Goldman Sachs being a big part of it, create these bubbles and these cycles in the economy, because they’re so incredibly powerful, in order to put people into debt servitude, and then have them hold it as the bubble runs up, and then buy those assets back, maybe through foreclosure, or repossession, at bargain basement prices, and then pump the bubble up again. Which you see happening now with the real estate market.
HENRY GARMAN: Yes, exactly.
JASON HARTMAN: And they just repeat this cycle. And every time they become richer and more powerful, every way it goes.
HENRY GARMAN: Well, it’s interesting. In America, we have a culture that is historically, and I guess, even today, we consider debt sacred. You know, it’s like a sacred bond. So, I mean, I can understand—if I borrowed $100 from you, and then told you I didn’t want to pay it back, that would be wrong. But the thing is that the situation we have now, the kind of system, since the establishment of the Federal Reserve system—you know, America and most other countries are using debt instead of money. So, I think one of the biggest cases for a Jubilee—and by Jubilee I mean, a reset of the system. Basically, writing off unjust debt or illegitimate debt—
JASON HARTMAN: So, just explain the history, really quickly, of the Jubilee, just so people understand what you’re talking about. I mean, this is a Biblical thing, that every 50 years, debt would be written off, and people could have a fresh start.
HENRY GARMAN: Yeah. It’s found in the laws of Moses in the Book of Leviticus chapter 25. And basically it says that when you come into the Promised Land, you shall—first of all, you’re gonna have a rest. Moses instituted the Sabbath, which was a seventh day of rest. But he also instituted the seventh year Sabbath, and the Jubilee, which was a multiplication. It was like seven times seven years plus one. So, on the seventh day you have a day of rest; on the seventh year, debts were to be cancelled. And on the 49th year, the people were to return and take back their property. What they had lost. So—
JASON HARTMAN: I believe bankruptcy laws—and maybe it depends on which type, but isn’t it every seven years you can file bankruptcy again? I mean, where’d that come from? Some people do that as a business plan! It’s very unfair and unethical, but they do it.
HENRY GARMAN: A lot of churches, groups, are latching onto the Jubilee idea, and calling for a Jubilee. There is a lot of opposition to the idea, saying, well, I paid my mortgage, I paid my debts; why should somebody else be forgiven? Why should we declare a debt Jubilee? What they don’t realize is that you know, when—okay. Moses led the children of Israel to the frontier, but in the Book of Joshua, you have the story of entering into the Promised Land. And the first major battle was at Jericho, and it was a very strange battle plan, in that the Hebrew children were commanded to march around the city, carrying trumpets. Now, the actual word for the trumpet is actually jubilee. It’s the same word that was translated as Jubilee elsewhere. So, for seven days they marched around the city carrying these trumpets, and then when they blew the Jubilee, the walls came down. And—okay. Later in the legislation it says, okay, in the 50th year, you shall sound the trumpet of Jubilee. Okay, the same trumpet. So it was like an anniversary of the time when they came into the land, when they were victorious. Okay, and as victors, they divided up the land by [unintelligible] the people. Now, Ancient Israel was very anti-debt, okay, and they had good reason for this, because they had direct experience with the empires. Syria, Babylon, Egypt. They had experienced slavery in Egypt. Abraham had left Babylon. He was familiar with their culture. And the culture of Babylon was one of putting captive populations into debt bondage as their main way of keeping them enslaved.
JASON HARTMAN: And how would they do that? Would you care to elaborate on that?
HENRY GARMAN: Okay. In Babylon, there were two codes of law. There was one for the elite, and there was another for the common people.
JASON HARTMAN: And it seems as though we have that today in America, basically. It may not be written law, but it’s practical law. The elite have lobbyists, and everybody else is just subject to the system at large.
HENRY GARMAN: Yeah. In Babylon—I mean, originally, the small farmers and families, they were free, okay? They had their own land, they were independent. But the system of double ledger bookkeeping, and actually the system of loaning, of major credits and loans, was established in Babylon. And they had like a 30% interest rate on loans for grain, you know, buying necessities. And when default occurred, basically, the borrower and his whole family were sold into slavery, or they were made slaves in order to pay off the debt. They had no such thing as a bankruptcy law. So, Abraham grew up in this culture. And even the groups that inhabited Palestine at the time that the Hebrews entered the land, were offshoots of Babylonian culture. So, all the land was mortgaged to the hilt. The culture was called what they call the bail system, and the world bail means lord, or overlord. And all laws were contracted in the name of bale, which means in the name of the Lord, which is the owner or the proprietor of property. And you know, the massive population was enslaved to debt. There were other things in their culture very horrendous, such as sacrificing children in fire, and that kind of stuff. But the economic situation is kind of overlooked.
The Hebrews traveled around in the desert as a nomadic tribe, okay? They were used to being free. And to them, all the wealth, all the resources, were owned by the tribe, okay? A nomadic tribe traveling as a group has to look out for all the members, okay? And what Moses—what the institution of Jubilee—why it was put into effect was to prevent all the property ending up into a few hands. Like, once they entered the Promised Land, if they had the type of debt system that existed in Babylon, within a few generations—if they had compound interest, if they had the type of mortgage system that was in Babylon—within a few generations, a few people, a few oligarchs, would end up owning everything.
JASON HARTMAN: Right, right.
HENRY GARMAN: And that’s the reason for the Jubilee. It was twofold. One, it commemorated the year when they came into the land, okay? So when they came in as conquerors, and they had their land, they were debt free. They were free from overlords. Everyone had their own means of survival, their own private property. The idea was to prevent them from losing their private property. So, Jubilee is not a socialist wealth redistribution system. What it is, is it’s the idea of returning or restoring—of returning or reclaiming, what is rightfully—what rightfully belongs to the people.
JASON HARTMAN: Hey, I want to ask you about this $43 trillion lawsuit. On your website you have a blog post about this.
HENRY GARMAN: Yes.
JASON HARTMAN: Tell us about this. $43 trillion—now that’s with ‘t,’ folks. That’s gotta be the biggest lawsuit ever filed. Against major banks and US government officials—tell us more.
HENRY GARMAN: Okay. There’s a couple different lawsuits being filed right now. One is on behalf of Asian creditors who sent gold to the Federal Reserve system in the 1930s. Okay, so, near the outbreak of World War II, and prior to the communists coming to power in China, the wealthy families—and these would be like, the descendants of the dynasties of China, and other Asian families who historically had been the lords, or the princes, queens, kings and queens of Asia. They sent their gold to America, made a loan to the Federal Reserve. Benjamin Fulford and David Wilcock have reported on this lawsuit that’s been launched in 2011 against the Federal Reserve, and many other world leaders.
JASON HARTMAN: Yeah, we had David Wilcock on the show before. Okay, tell us more about the lawsuit.
HENRY GARMAN: And, what happened was, in the 30s, prior to World War II, a lot of the rich Asian families sent their gold and silver to America as a loan to the Federal Reserve. And they entered into an agreement that this loan would be for I think something like 50 or 60 years. And they would be paid some interest on it, but also, at the end of this time it would be returned to them. And apparently the lawsuit is about the fact that either the Federal Reserve has sent them fake tungsten bars at one point, or they refuse to repay them, or they have no gold at all in the vaults.
JASON HARTMAN: Which is entirely possible. I mean, it’s just shrouded in secrecy, there’s no audit between the Fed and Fort Knox. Who the heck knows what’s going on.
HENRY GARMAN: Yeah, so, I’m not sure what year it happened. But I think a few years ago, a courier had a copy of a bond, okay? The Federal Reserve issued bonds. And they’re kind of like berer bonds, you know, that could be cashed in. Some of these were in incredibly huge amounts, for multiple billions, even. $100 billion certificate.
JASON HARTMAN: As a bearer bond, yeah.
HENRY GARMAN: Yeah, yeah. And somebody tried to cross the border into Italy carrying one of these bonds, and it was like a sting operation. They intentionally intended—the bond was given to this carrier, and then the police were alerted. It was a sting operation so that the guy would be caught carrying this bond, so that it would appear in the media that this had happened, as a way of bringing media attention to the fact that the Asians want their gold back, okay. And so, yeah. A lawsuit was launched against the Fed. And Wilcock and Benjamin Fulford report on this from time to time. But it’s kind of unclear what’s happening. You know, who’s involved. There’s organizations called the White Dragon Society, and some say they’re legit, some say they’re a front.
JASON HARTMAN: So, what do you think the chances are of any debt Jubilee? I mean, is that actually possible? Will the system collapse?
HENRY GARMAN: In the early years when I started studying Jubilee, I came across a lot of writers who said something like the following. The Jubilee is a great inspiration. It’s the paradigm we need for today. And then I’d say, okay, so let’s make it happen. And then they’d say, but I don’t think the rich will go for it, thinking that’s it’s something very impractical.
JASON HARTMAN: Well, why would they go for it? What would be their interest? What would they get out of it? Maybe the theory is it’s kind of like bankruptcy, give everybody a fresh start, and let them dive in again and be re-motivated. But I doubt they would think that way. it just doesn’t seem like it would be—they would instantly think, what’s in it for me, now?
HENRY GARMAN: Yeah, well, there are voices calling for a Jubilee as a way to reset the system and kind of save the system that we have. Like, there’s people like Dr. Steve Keen, who is calling for a Jubilee, and he says well, okay, we have all this debt. And the debt is increasing exponentially, while the economy isn’t. And so it’s getting to the point where it’s a bunch of fictitious assets, that will never be paid, and so we need to recognize—we need to write it off somehow. So what he’s suggesting is the government declare a Jubilee, and pay money with the provision that those who are in debt will have to use it to pay down their debts, and those who aren’t in debt can go and spend it. And it’s kind of like, release valve. Or it’s like, giving some space to get the economy going again.
JASON HARTMAN: Yeah, right. Right. And there is a prudent, sensible argument for that, certainly. Henry, just wrap up with any closing thoughts you have here, and give out your website if you would; tell people where they can get the book.
HENRY GARMAN: Okay. And my study of the Jubilee, I came across a prophecy in the Old Testament called the Vision of Habakkuk, and this prophecy states that at some appointed time in the future, there will be a worldwide debtor’s revolt. And this will be a very good thing. And so, what I am saying in the book, is I’m looking at the Biblical prophecies throughout the Bible, connecting all the dots. And also looking at the current economic situation. In fact, the history of the last 700 years, showing how the Jubilee idea was developed, how it was understood, how it was used by various, you could call them agitators, and basically, including that, the Bible says a Jubilee is inevitable in one form or another, either by conscious design or by default. So, that’s the basic message of my book. My website is www.SpiritofJubilee.com.
JASON HARTMAN: And of course there’s a link to the Amazon site where people can buy the book there. Good. Well, Henry Garman, thank you so much for joining us today, and enjoy Ecuador’s permanent spring! Sounds great, I’ve gotta get down there for a visit and check it out myself.
HENRY GARMAN: Yeah, you’ve gotta come and check it out; it’s wonderful.
JASON HARTMAN: I’m looking forward to it. Thanks so much for joining us today.
HENRY GARMAN: Okay, thanks. Thanks, Jason.
ANNOUNCER: This show is produced by the Hartman Media Company. All rights reserved. For distribution or publication rights and media interviews, please visit www.HartmanMedia.com, or email [email protected] Nothing on this show should be considered specific personal or professional advice. Please consult an appropriate tax, legal, real estate, or business professional for any individualized advice. Opinions of guests are their own, and the host is acting on behalf of Platinum Properties Investor Network, Inc. exclusively.
Transcribed by David