Credit Quotes - page 29
I am working with Unite in Salford to set up the Bank of Salford. It is going well. They have consolidated the credit unions, put money in, the city council will put their pay roll through it to stabilise the asset, the government are supporting it with advice and lowering entry requirements to become a bank that can lend to businesses as well as families. It will be bounded within Salford, there will be local residents on the board as well as institutions, but Unite cannot do it on their own. There needs to be a partnership between the Church and labour that can put some constraint on capital without relying on the state. Relational accountability and democratic governance are key to this. That is how the old bones will walk again, by renewing a commitment to the common good in action. It's a great thing to do.
Maurice Glasman, Baron Glasman
Over a period of 500 years the City has supported deregulation at every turn. The consequences of this are massive. You had fraudulent products – the cause of the crash – debt being repackaged as an asset and then being used as leverage. The assets they held and credit they generated were on a ratio of 50-1. There was no effective regulation of this, no effective oversight. They have been exposed by the bailout. They have refused more than ten years of requests from us [London Citizens UK organisation] and suddenly they agree to meet. I think they are concerned that the political parties will move to a more manufacturing, less financially-based economy.
Maurice Glasman, Baron Glasman
Regional Banks that are constrained to lend within a particular area are a necessary part of the institutional ecology in that they resist the centralising power of capital, allow a more stable access to credit for regional and smaller businesses and encourage relationships and reciprocity to constrain the demand for higher rates of return that have decimated the mutual bank sector in Britain. They also offer an alternative to usurious lending, one of the great growth areas in our economy. Any serious reflection on ‘employment policies' must confront the centralisation of capital and the state and seek to constrain both through the endowment of decentralised regional and sectoral institutions that constrain centralisation and preserve and renew traditions of virtue within the economy through resisting the commodification of human beings, nature and knowledge demanded by the maximum return on investment. It allows initiative and enterprise to be oriented towards the future.
Maurice Glasman, Baron Glasman
We are willing to worship a God only if God makes us safe. Thus you get the silly question, How does a good God let bad things happen to good people? Of course, it was a rabbi who raised that question, but Christians took it up as their own. Have you read the Psalms lately? We're seeing a much more complex God than that question gives credit for.
Stanley Hauerwas
...I found the world of nonprofits funny to begin with just because having worked there, you see that people are so altruistic and they're so benevolent and they're pretty selfless and you're working generally for a great cause.But the atmosphere within the work environment can be oddly competitive. People want the credit. Sometimes they don't listen to the people they're trying to help. And for me, this white guilt is so prevalent at this nonprofit. And they're so - they treat the kids as this pity party. And for me, I would hate to work in an environment like this, but it's ripe for comedy.
Issa Rae
Muslims in India have often sought shelter under Sections 153A and 295A of the Indian Penal Code (I.P.C.) for preventing every public discussion of their creed in general and of their prophet in particular.1 Quite a few publications which examine critically the sayings and doings of the Prophet or other idolized personalities of Islam, have been proscribed under Section 95 of the Criminal Procedure Code (Cr.P.C.) as a result of pressure exerted by vociferous, very often violent Muslim protests. Little did they suspect that the same provisions of the law could be invoked for seeking a ban on their holy book, the Quran. The credit for this turning of tables goes to Chandmal Chopra of Calcutta.
Sita Ram Goel
For that reason, let a prince have the credit of conquering and holding his state, the means will always be considered honest, and he will be praised by everybody because the vulgar are always taken by what a thing seems to be and by what comes of it; and in the world there are only the vulgar, for the few find a place there only when the many have no ground to rest on.
Niccolò Machiavelli
In life you must often choose between getting a job done or getting credit for it. In science, the most important thing is not the ideas you have but the decision which ones you choose to pursue. If you have an idea and are not doing anything with it, why spoil someone else's fun by publishing it?
Leó Szilárd
The vanishing middle-class, distinct rich/poor class divisions in the US and poverty continue to be issues that nag and tear at the social fabric but rarely are put front and centre in plays and works for live performance. I don't think every play needs to address these topics, of course. I do think the daily lives of citizens-the sheer struggle to get by, make do, and the increased dependency on credit (and therefore, debt) are issues that affect everyone...
Caridad Svich
