A ‘Defense’ of Heter Iska…

Loan Interest in the Modern World

Friday, 12 October 2018

Introduction

The Torah’s prohibition on taking interest is well known. Seen by Chazal as a stealthy form of robbery,[1] one may question whether seeking ways to circumvent the issue is similar to finding ways to give a hechsher to pork.

Nevertheless, not only are leniencies found and implemented widely, but there is very little opposition to them. I have yet to see any recognised poskim who have rejected ‘Heter Iska’ (the mechanism used to evade the prohibition of interest) outright, although some impose certain limitations.

The reason for this is clear. World business revolves around interest. New discoveries and technology often need substantial funds, which could not be raised by generosity alone. The same is true on a smaller scale for private businesses.

Perhaps more critically in some eyes, most individuals in Eretz Yisrael also need to make use of heter iska when they take a mortgage on a home (if the loan is from a ‘Jewish’ bank). Even for those who don’t, avoiding heter iska entirely is almost impossible. Almost every contract signed with a bank or other service provider contains clauses that involve the possibility of paying interest, halachically problematic even if it never ends up being paid.

The most fundamental question that needs to be addressed is whether ideally we would like to change all of this, and abolish interest payments entirely. Secondary issues are the validity of heter iska itself, and whether better alternatives could be found for those interested in the world as it is today.

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From Torah Clarity, here.

A History of Countless World Conflicts – In a NUTSHELL

SOMEWHERE—Sources confirmed yesterday that a series of riots, bombings, and urban firefights has left hundreds dead and many more wounded in the latest flare-up in the long-standing conflict between the pro-something group and the anti-something group.

The latest round of bloodletting, which comes after weeks of public demonstrations and counter-demonstrations, was reportedly sparked by renewed vows from pro-something leaders to get the thing they want, a thing that anti-something leaders have long insisted their opponents cannot rightfully claim.

“We must and will respond when provoked,” said a spokesman for the pro-somethings in a statement released to the media. “We cannot sit idly by while our supporters are killed by an enemy determined to [do what we oppose].”

According to sources, what began earlier in the day as crowds of pro-something and anti-something protesters chanting pro-something and anti-something slogans quickly devolved into rocks being thrown from both sides. Witnesses confirmed that the Anti-Something Militia and Pro-Something Guard soon joined in with live ammunition, fanning the flames as they each carried out larger-scale operations well into the night.

In response, members of the diplomatic community have condemned the latest escalation of violence, calling for the anti-somethings and the pro-somethings to lay down their weapons and resume talks.

“These acts of aggression are unacceptable,” said a U.N. official in a statement carefully worded so as not to suggest any strong allegiance either in support of or in opposition to the pro-something faction. “Therefore, we ask that both sides cease their assaults and initiate an open dialogue. Only then can there be any hope for a solution.”

This week’s fighting reportedly marks the first incident since the groups signed last year’s widely publicized accords, which stated that while neither side may do the thing they want, they are prohibited from stopping the other group from doing the thing that they want—an agreement leaders from both sides hailed as a significant step toward peace.

However, citing the attacks as a possible retaliation for last year’s pro-something incursion—which was itself retribution for the anti-something offensive from the year before—experts say that the recent bloodshed is merely the newest chapter of an intractable conflict that has spanned several centuries.

“It’s important to recognize that these people have been raised their entire lives to demonize each other,” said a renowned scholar who recently returned from a trip to the region. “The two sides in this conflict have been fighting over [a thing that one group wants and the other group does not want] for generations. It’s simply part of their identity.”

Academics noted that to truly understand the Anti-Pro conflict, one must consider the conflict’s historical background, including the social issues, governmental structures, geopolitical alliances, education, access to health care, sanitation, economics, role of women, flow of illegal arms, ethnicity, and religion.

Additionally, sources said, it is important to note the internal strife being faced by other players in the region, who are currently working to maintain their own tenuous peace between their pro-something and anti-something groups.

“Unfortunately, despite pressure from [anti-somethings and pro-somethings living abroad], a full-scale intervention from the international community remains unlikely,” said an expert who is well acquainted with the agendas of both those who want a thing to happen and those who don’t want a thing to happen. “Given the great complexity of the situation, we may be looking at a long and violent stalemate.”

From The Onion, here.

תיקוני עירובין גליון 305#

גליון שאלות הלכתיות המתחדשות מידי שבוע בבדיקת העירובים השכונתיים

השבוע בגליון: עוד עיר נבדקה בשבוע האחרון ע”י מוקד העירוב, עיר על שפת הים / כאשר המים מגיעים בשעות הגאות עד עמודי העירוב, צריך להעביר אותם / מדוע צריך להיזהר כשמטיילים בשבת קרוב לחוף / זהירות כשהולכים לראות את הנחל במודיעין עילית ובעוד ישובים / באיזה אופן החוט שקשור מהצד של עמוד התאורה כשר, ובאיזה אופן פסול / יש צורה שנראית כשרה ומצוי שהיא פסולה לכו”ע בגלל נטיה קטנה / האחראי חיבר לחיים והם לא היו במקום הנכון / מהו “ראש הלבשה” שהתקינו על עמודי התאורה.

השבוע הוספנו בגליון הסבר מעניין על עבודת הקודש של צוות מוקד העירוב, איך מלבישים ראשים על עמודי תאורה גבוהים.

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Reprinted with permission.

Mussar Speakers Don’t Know Human Nature, So Project Their Own Personality Upon Everyone

Quoting Rabbi Shimshon Pincus, Nefesh Chaya p. 233:

עליכם לדעת, ואני אומר זאת עם כל האחריות – באנו לעולם הזה כדי ליהנות! לעשות “כיף”, אבל – את ה”כיף” הנכון! כל אחת יכולה לקחת סידור וליהנות ממנו, לאהוב אותו! היא יכולה לדעת מה מעשיה בעולם הזה, לשם מה היא נמצאת כאן. לדעת שיש “פינטלע אמת”.

ה”פינטלע אמת” פירושה ליהנות מההנאות האמיתיות. לאהוב אמת, לאהוב את התורה והמצוות, לאהוב את השי”ת. כששוטפים כלים בבית – ליהנות מהעבודה, כי יודעים בזה מצות חסד ומצות כיבוד אם.