II.   Sovereign

An Indulgence is an ecclesiastical and financial instrument, based upon the deliberate corruption of rules of valid form defined by Sacré Loi (Sacred Law) introduced at the end of the 13th Century as a form of paper money and means of the noble families supporting the Roman Death Cult in controlling and monopolizing global banking. All paper based money, negotiable instruments and securities produced within the Roman - Western world today remain in essence “indulgences”.

In 1274, Roman Pontiff Gregory IV (X) (1268-1274) (Tedaldo Visconti of Pisa) (Rome) issued a Papal Bull that declared the charging of interest or “usury” a mortal sin for any Christian, punishable by death. The effect of this Papal Bull was to outlaw the concept of “banking” among Christian traders and hand such business activities over to the control of the Khazar and Magyar trading families who were firmly Manichean and not Christian:

(i) The Papal Bull had the effect of making the Pisan banking network known as the Ordo Pauperes Templum or “Order of the Poor of the (Money) Temple”, later known as the “Knights Templar” the most powerful network of banks and branches ever in the history of the world with wealth almost doubling overnight; and

(ii) To “cash in” on the opportunity, Rudolph Habsburg established his own smaller network of banks based on a modified chancery populated by Persian traders “press-ganged” into service as servi camerae or “serfs of the treasury”; and

(iii) Similarly, Edward I of England established a banking network similar to Rudolph Habsburg manned by Persian traders; and

(iv) As England was relatively small and materially poor, the court of Edward invented the concept of producing a “religious currency” of equivalent value to gold and silver by basing it on the presumption that the forgiveness of sins could be purchased and off-set by a certain “valid” and unique type of instruments known as indulgences; and

(v) The success of indulgences was so great, the trade of indulgences brought huge wealth into England and London, as well as the creation of other chanceries under the control of the Roman Death Cult to take advantage; and

(vi) London has remained the capital of indulgences and therefore financial instruments since the 13th Century.

The philosophical structure of Indulgences required the invention of a new set of core theological arguments that remain the cornerstone of the modern Western financial system today:

(i) There exists in Heaven a Treasury known as the “Treasury of (One) Heaven”, also known as the Treasury of Merit in which is stored spiritual units of credit or “merit” accumulated from the good deeds, blood and sacrifice of saints, especially the figure of Jesus Christ; and

(ii) When one sins, through “God’s Grace”, the sin is offset in double entry bookkeeping in Heaven as a debt against the credit automatically provided from the Treasury of One Heaven. Thus, spiritually the balance between debt through sin and credit through grace is always automatically balanced; and

(iii) While the spiritual ledger in Heaven is off set and balanced, the temporal injury caused by the existence of sin must also be balanced through appropriate penance, confession and atonement; and

(iv) An Indulgence is therefore “the remission before God of temporal punishment for sins”- therefore the partial or total credit as well as the documentary evidence and title of the event, often called a remit, or “remittance” from Latin re= “property” and mitto/misi = “send, dispatch, transmit, emit, pronounce”; and

(v) Indulgences enabled the claimed commoditization of both sin (debt) and the forgiveness of sin (credit) in a documentary form of means of exchange. Memorialized Indulgences may also be known by other comparable names such as coupon, bill, note, notice, writ, cheque, receipt, certificate, award, diploma and degree.

The essential structure and process of an Indulgence as invented in the 13th Century was:

(i) Certain and special paper was required to be used, sourced from a particular office of a valid chancery, normally called the “stationery office” Such paper would cost a certain fee and have the appropriate watermark; and

(ii) The front of the Indulgence was called the Obverse, with the back called the Reverse and on the Obverse a boundary or border around the paper was called the Margin as representation of the three (3) traditional sides of a valid minted coin; and

(iii) The Obverse contained a standard Incipio (Beginning), Oratio (Prayer), Exordio (Introduction), Decretio (Decree), Obsignio of the official authorizing the instrument and Insignio of the inventor or scriptor, also known as the “signati recordis” following the same standard of Sacré Loi (Sacred Law) for a Covenant; and

(iv) Nowhere on the Obverse or Reverse did the instrument nominate a value; and

(v) The original was stamped as having become the property of the chancery and then a recipient requested and authorized extract of the original as a “certificate”. The production of multiple certificates was equivalent to fractionalization.