A Quote by Indira Gandhi
I suggested a compromise to give the banks a year's time and see if they succeed in showing us that nationalization wasn't necessary. The year went by and we realized it hadn't done any good, that the money still ended up in the hands of the rich industrialists or friends of the bankers. So I concluded that it was necessary to nationalize the banks. And we did. Without considering it a socialist gesture or an antisocialist gesture, just a necessary one. Anyone who nationalizes only so as to be considered on the left to me is a fool.
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It's the same story as when we nationalized the banks. I'm not for nationalization because of the rhetoric of nationalization, or because I see in nationalization the cure-all for every injustice. I'm for nationalization in cases where it's necessary.
This is the first global crisis that doesn't start in poor countries and it was caused by the rich countries. So it's necessary to take advantage of this crisis - the financial system has to be regulated. It's necessary that the central banks in the world should control a little bit the banks' financing, because they cannot bypass a certain range of leverage. And I believe that there's no other - more any reason for a G-8 group or any other "G." I believe that we should guarantee that the G-20 should be now an important forum to discuss the major economic issues of the world.
Separating out banks and investment banks right now under Glass-Steagall would have very big implications to the liquidity and the capital markets and banks being able to perform necessary lending.
The gesture must be correct. If the gesture is correct, your mind really creates the reality of the figure, and it is not necessary to hang on all the rest [of the details].
You have to teach yourself to act but Michael Chekhov will give you the necessary tools - and for me, Psychological Gesture and Centers are extremely valuable They work like a charm. I've used them all along and still do.
Temporary nationalization of the banks that are in very bad shape would mean basically that the government is the temporary owner. I always believe that the government should focus on its comparative advantages, and banking is not one of them. It should, therefore, if it nationalizes banks, sell them back to the private sector.
The theater is necessary. Dance is necessary. Song is necessary. The arts are necessary- they are a necessary part of our lives
Love has no meaning if it isn't shared. We have been created for greater things - to love and to be loved... To love a person without any conditions, without any expectations. Small things, done in great love, bring joy and peace. To love, it is necessary to give. To give, it is necessary to be free from selfishness.
But the good news, the crime rate is down. Isn't that amazing? Less banks are being robbed. Well, sure. A, there's less banks. B, the banks don't have any money left. And C, nobody's got gas money for the getaway car. So, right there, crime is down!
For one thing, I want gesture-any kind of gesture, all kinds of gesture-gentle or brutal, joyous or tragic; the gesture of space soaring, sinking, streaming, whirling; the gestures of light flowing or spurting through color. I see everything as possessing or possessed by gesture. I've often thought of my paintings as having an axis around which everything revolves.
The financial system has to be regulated, we have to end with the tax havens, and it's necessary that the central banks in the world should control a little bit the banks' financing because they cannot bypass a certain range of leverage.
I like banks because they keep my money safe, but I don't want to talk about banks 12 times a year.
No business in the economy has the easy money that banks get to play with.... The existence of banks with single digit amounts of equity is a completely unhealthy existence -- that is not only a risk for the banks, but for all of us.
When you hear me say "by any means necessary," I mean exactly that. I believe in anything that is necessary to correct unjust conditions-political, economic, social, physical, anything that is necessary.
One nation banking recognises that banks must not be isolated from the rest of the economy. Because banks and small businesses must succeed or fail together, banks must lend to small businesses so we can get the growth and jobs we need for the future. As things stand, that is not happening enough. Lending was down £10.8billion last year.
Banking is necessary - banks are not.
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