"On the other hand, Allah directs man to the spiritual purity through the act of giving that is represented by charity that the pious pays as "Zakat" and "Sadakat" almsgiving, and other financial obligations."
Incredibly, at this critical juncture in financial history, after which so much changed so quickly, the only constraint in the subprime mortgage market was a shortage of people willing to bet against it.michael lewis
The urban renewal programme is one of the most spectacular urban programmes to have been undertaken in Paris; it is certainly the one which has provoked the biggest public outcry. The renewal programme in the strict sense of the term, has two essential characteristics: 1) It concerns an already structured social space, of which it changes the form, the social content and/or function. 2) It is based on public initiative, whatever the legal or financial form of the renewal agency, where private enterprise may take over the work, as in the case of Opératioll Italie.Manuel Castells
We would prefer to see the House run bya philistine with the requisite financial acumen than by the succession of opera and ballet lovers who have brought a great and valuable institution to its knees.Gerald Kaufman
In a cruel irony, speculators - rather then elected politicians - are the shots on crisis management. In an absurd logic, those who foster financial turbulence have been invited by the G7 Finance ministers to identify policies which attenuate financial turbulence.michel chossudovsky
I was aware that the loosening of mortgage credit terms for subprime borrowers increased financial risk. But I believed then, as now, that the benefits of broadened home ownership are worth the risk.Alan Greenspan
In the United Kingdom, for example, the sheer overwhelming dominance of London makes it extremely for provincial cities to develop more than a very restricted financial function. London, in that sense, is akin to the notorious upas tree, a fabulous Javanese tree so poisonous that it destroys all life for many miles around itself.peter dicken
Anarchists generally make use if the word "State" to mean all the collection of institutions, political, legislative, judicial, military, financial, etc., by means of which management of their own affairs, the guidance of their personal conduct, and the care of ensuring their own safety are taken from the people and confided to certain individuals, and these, whether by usurpation or delegation, are invested with the right to make laws over and for all, and to constrain the public to respect them, making use of the collective force of the community to this end.errico malatesta
Reckless people have deluded themselves that this was a subprime crisis. But we have problems with credit-card debt, student-loan debt, auto loans, commercial real estate loans, home-equity loans, corporate debt and loans that financed leveraged buyouts... We have a subprime financial system, not a subprime mortgage market.nouriel roubini
Massive concentration of financial power, accompanied by the machinations of finance capital, can as easily de-stabilize as stabilize capitalism.
Many financial disasters can be traced to people who thought they were hedging.aaron c. brown
Through the lens of the Jock/Nerd Theory of History, the welfare state doesn’t look like a serious effort to "equalize outcomes." It looks more like a serious effort to block the "revenge of the nerds"—to keep them from using their financial success to unseat the jocks on every dimension of social status.bryan caplan
In short, the elimination of the financial legacy of Reaganomics could force the United States to make some exceptionally difficult choices indeed.robert gilpin
We swapped the tyrant 3,000 miles away for a handful of financial slaveowning overlords who make the tyrant of Great Britain seem mild.huey long
financial markets are supposed to swing like a pendulum: They may fluctuate wildly in response to exogenous shocks, but eventually they are supposed to come to rest at an equilibrium point and that point is supposed to be the same irrespective of the interim fluctuations. Instead, as I told Congress, financial markets behaved more like a wrecking ball, swinging from country to country and knocking over the weaker ones.It is difficult to escape the conclusion that the international financial system itself constituted the main ingredient in the meltdown process.george soros
With joint-stock corporations, investors can place bets on the success of many different companies, without having to play a central management role in any one of them. This allows investors to diversify their financial holdings. It also allows them to capture profits on their investments, without having to get involved in the dirty, troublesome business of actually running a company.jim stanford
If exclusive privileges were not granted, and if the financial system would not tend to concentrate wealth, there would be few great fortunes and no quick wealth. When the means of growing rich is divided between a greater number of citizens, wealth will also be more evenly distributed; extreme poverty and extreme wealth would be also rare.Denis Diderot
Economy is the first and great article (economy such as I understand it) in my financial creed. The controversy between direct and indirect taxation holds a minor, though important place.william ewart gladstone
The money cost of the reservoir plan literally fades into insignificance when it is compared with the financial burden which the great depression imposed on the nation.benjamin graham
The “democratisation” of the ownership of shares, from which the bourgeois sophists and opportunist so-called “Social-Democrats” expect (or say that they expect) the “democratisation of capital”, the strengthening of the role and significance of small scale production, etc., is, in fact, one of the ways of increasing the power of the financial oligarchy.
It has been said that that which has made England a great and an energetic nation, is the principle heretofore acted upon of maintaining a very low Peace establishment, while the Peace establishments of the continent have been uniformly high. I do not agree in that view of the subject. For my own part, I believe much of our financial embarrassment to have been caused by our former low Peace establishments, and to this circumstance the failure of many of our military operations may be traced.temple, henry, 3rd viscount palmerston
Through exploitation of its influence over global financial affairs, the United States has been able to cover the costs of its hegemonic position, preserve a false domestic prosperity, and mask the consequences of its relative political and economic decline.
In short, the elimination of the financial legacy of Reaganomics could force the United States to make some exceptionally difficult choices indeed.
Extreme poverty, the increasing availability of high-speed internet and the existence of a vast and comparatively wealthy overseas customer base has led to organised crime groups exploiting children for financial gain.
Sensation is the seeking of varied, novel , complex and intense sensations and experiences , and the willingness to take physical , social , legal , and financial risks for the sake of such experiences.
No matter how it is worded or performed, abortion hurts women. This won’t stop until women stand up in unison and say, ‘This is unacceptable. We deserve better.’ Lack of emotional and financial resources are the real undue burden and abortion will never lift that.
I share the confidence of those who feel that America is working to care for its unwanted as well as wanted children, protecting particularly those who cannot protect themselves. I also share the opinions of those who do not accept abortion as a response to our society's problems -- an inadequate welfare system, unsatisfactory job training programs, and insufficient financial support for all its citizens.