Seisachtheia (σεισάχθεια) from σείειν seiein, to shake, and ἄχθος achthos, burden, i.e. the relief of burdens) was a set of laws instituted by the Athenian lawmaker Solon (c. 638 BC–558 BC) in order to rectify the widespread serfdom and slavery that had run rampant in Athens by the 6th century BC, by debt relief.
Debt relief or debt cancellation is the partial or total forgiveness of debt, or the slowing or stopping of debt growth, owed by individuals, corporations, or nations.
The citizens of Athens awarded Solon autocratic powers because he had the wisdom to sort out their differences for them in a peaceful and equitable manner. The Seisachtheia laws introduced by Solon immediately canceled all outstanding debts, retroactively emancipated all previously enslaved debtors, reinstated all confiscated serf property to the hektemoroi, and forbade the use of personal freedom as collateral in all future debts. The hektemoroi were dependent farmers who cultivated the land of the privileged on condition that they would yield 1/6 of the produce instead of paying rent. Under Solon's reforms, the status of the hectemoroi (the "one-sixth workers"), who farmed in an early form of serfdom, was also abolished. All debts were abolished, and all debt-slaves were freed.
Today, under the legal framework of Positivel Law, debtors i.e. Greek and European governments under their respective Constitutions
surrender more rights, freedoms and their quality of life to creditors as they try and service a rampant and unpayable debt. The unsustainable debt was partly created by private Central Bankers by imposing interest on loans at a particular rate for the use of money lent, or for delaying the repayment of debt.
The proposed reforms of Kopsidas the Anax of Ellada will abolish all debts, private and public.
With the consent of the Hellenic people and in keeping with lawful precedence, in the Dominion and Jurisdiction of Kopsidas, the Anax of Ellada, as the Absolute Sovereign, the people of Hellas shall award Kopsidas autocratic powers, and Kopsidas, the Anax of Ellada shall render all existing contracts between Greek citizens and the Semitic-Germanic Holy Roman Empire null and void, after which the Anax Kopsidas will reintroduce the Seisachtheia Laws of Solon immediately.
Seisachtheia Laws will cancel all personal, corporate and national debt, retroactively emancipating all debtors, and reinstating legal title to Greek and European citizens. The use of personal freedom as collateral in all future obligations will be outlawed. Furthermore, money regularly paid at a particular rate for the use of money lent, i.e. interest, will also be prohibited (see The Great Rhetra page).
In our politeia i.e. The Great Rhetra, private central bankers of the Semitic-Germanic Holy Roman Empire are not the beneficiaries of interest or property irrespective of their status or peerage.
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