“Social Credit is the application of the Social Doctrine of the Church”

Most Rev. Edward M. Frankowski, Auxiliary Bishop of Sandomierz, Poland, was responsible among the Polish Bishops for the promotion of the Social Doctrine of the Church. Here is the foreword he wrote to Louis Even's three brochures on Social Credit:

The collection “Social Credit Doctrine” meets with increasing interest as the political and economic scene in our country further darkens. With the help of people who witnessed the collapse of the system, the ruins of Communism are being replaced by an equally destructive wave of Western postmodernism, of wild liberalism that robs the people and attempts to grab power and money unscrupulously, not for the sake of the nation but for that of a few. The power of the State decreases while the power of the international monetary rule increases. Consequently, the profit of markets is continuously increased at the expense of the State's authority.

It seems that John Paul II, on June 14, 1999 in Sosnowiec, Poland, noticed this trend when he said: "Because of the laws of market, human rights are forgotten. This happens, for example, when the claim is made that profit justifies taking away the job of someone who loses not only a salary but every prospect for maintaining himself or his family. It also happens when, to increase production, the worker is denied the right to rest, the right to care for his family, or the freedom to plan his daily life. This is always the case when the value of work is defined not according to human effort, but according to the price of the product – which creates a situation where the pay does not correspond to the work that is done."

One could say that our nation has become like a "gigantic development of the parable in the Bible of the rich banqueter and the poor man Lazarus. So widespread is the phenomenon that it brings into question the financial, monetary, productive and commercial mechanisms that, resting on various political pressures, support the world economy. These are proving incapable either of remedying the unjust social situations inherited from the past or of dealing with the urgent challenges and ethical demands of the present." (John Paul II, Encyclical Letter Redemptor hominis, n. 16.)

The development of a better public life in our country, needs to be promoted by the introduction of Christian principles, especially in the economic domain. Money is not the only, but the most urgent problem to be solved, because all the other problems are influenced by money. Bankers who have the power to create money, are the guardians and managers of the financial capital, they rule over credit and they distribute it at their whim. They want to bring us to the point where, for half of the year we will live on this credit, and for the other half, we will work to pay taxes.

"This power becomes particularly irresistible when exercised by those who, because they hold and control money, are able also to govern credit and determine its allotment, for that reason supplying so to speak, the life-blood to the entire economic body, which they hold the life in their hands, so that no one dare breathe against their will." (Pope Pius XI, Encyclical Letter “Quadragesimo anno”, n. 106.). “The State… has become a slave, a docile instrument at the service of all passions and ambitions of interest.” (Quadragesio anno, n. 109.)

The power of money, or in other words, the power of the International Financiers, lies in the ignorance of the people. The Financiers will lose their power only when the people will be aware of their fraud. The State will then recover its strength, and all of society will grow stronger. Political power draws its origin from the people. The implementation of the Christian spirit into politics is therefore the most important and the most urgent mission in Polish History.  

Economic reform could be implemented more specifically by applying Social Credit, a system that is in accordance with the Social Doctrine of the Catholic Church. It seems therefore, that the financial propositions of Social Credit are not only worthy of notice by the highest economic and political authorities, but also worthy of support by the the public at large for the implementation of those principles in our economic and political lives. These principles will allow us to understand and elucidate, in the highest degree, the situation in which we now find ourselves, and they will bring us solutions in accordance with the Social Doctrine of the Catholic Church. 

For these reasons, I express my gratitude and thanks to the editorial and publishing board of "Michael" and to the authors and publisher of the "Social Credit Doctrine" collection.  This publication and collection have not only a scientific value, but a popularization value as well, rendering these ideas accessible to the people at large. This is what Louis Even's work is about:  "The Global Fraud and the Way Out of it".

To all the publishers, editors and readers of "Michael", I bless you from the bottom of my heart!

Bishop Edward M. Frankowski

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