The story of the Northern Counties Building Society is instructive. Established in 1850 in the North East by dispossessed workers who pooled their funds to retrieve a home in the world it grew steadily over the years. It was part of the local economy and society, that most precious civic inheritance, a trusted financial institution. In 1965 it merged with another local institution, the Rock Building Society to become Northern Rock Building Society. It demutualised in 1997 and became Northern Rock, which sponsored Newcastle United and became the fifth biggest lender in the UK market. An institution that was founded by local people for local people and had partnered its region in good times and bad for a hundred and forty seven years, that had weathered four serious depressions and emerged stronger from each could not last through New Labour's period in Government.
Maurice Glasman, Baron GlasmanRelated topics
bad building east forty four good government home hundred inheritance institution instructive last market north northern precious region retrieve rock seven story times years fundsRelated quotes
The Sultan advanced to the fortifications of Kanauj, which consisted of seven distinct forts, washed by the Ganges which flowed under them like the ocean. In Kanauj there were nearly ten thousand temples, which the idolaters falsely and absurdly represented to have been founded by their ancestors two or three hundred thousand years ago. They worshipped and offered their vows and supplications to them in consequence of their great antiquity. Many of the inhabitants of the place fled and were scattered abroad like so many wretched widows and orphans, from the fear which oppressed them, in consequence of witnessing the fate of their deaf and dumb idols. Many of them thus effected their escape, and those who did not fly were put to death. The Sultan took all seven forts in one day, and gave his soldiers leave to plunder them and take prisoners.
Mahmud of Ghazni
In the aftermath of the war, we find one of the most hidden eras of US history; and that is the period of radical reconstruction. It certainly remains the most radical era in the entire history of the United States of America. And this is an era that is rarely acknowledged in historical texts. ... There were progressive laws passed challenging male supremacy. This is an era that is rarely acknowledged. During that era of course we had the creation of what we now call historically black colleges and universities and there was economic development. This period didn't last very long. From the aftermath of the abolition of slavery, we might take 1865 as that day until 1877 when a radical reconstruction was overturned-and not only was it overturned but it was erased from the historical record-and so in the 1960s we confronted issues that should have been resolved in the 1860s. One hundred years later.
Angela Davis
The 2008 financial meltdown is the result of under-regulated markets built on an ideology of free market capitalism and unlimited economic growth. The fundamental problem is that the underlying assumptions of this ideology are not consistent with what we now know about the real state of the world. The financial world is, in essence, a set of markers for goods, services, and risks in the real world and when those markers are allowed to deviate too far from reality, "adjustments” must ultimately follow and crisis and panic can ensue. To solve this and future financial crisis requires that we reconnect the markers with reality. What are our real assets and how valuable are they? To do this requires both a new vision of what the economy is and what it is for, proper and comprehensive accounting of real assets, and new institutions that use the market in its proper role of servant rather than master.
Robert Costanza
On the evening of the 29th, the army fell back to the north end of the Island. The next morning, the enemy advanced upon us in two columns upon the east and west road. Our light troops, commanded by Colonel Livingston and Colonel Laurens, attacked the heads of the columns about seven o'clock in the morning, but were beat back they were reinforced with a regiment upon each road. The enemy still proved too strong. General Sullivan formed the army in order of battle, and resolved to wait their approach upon the ground we were encamped on, and sent orders to the light troops to fall back. The enemy came up and formed upon Quaker Hill, a very strong piece of ground, within about one mile and a quarter of our line. We were well posted, with strong works in our rear, and a strong redoubt in front, partly upon the right of the line.
Nathanael Greene
From this day forward, somebody propose it, liberals should not be allowed to buy guns. It's just that simple. Liberals should have their speech controlled and not be allowed to buy guns. I mean if we want to get serious about this, if we want to face this head on, we're gonna have to openly admit, liberals should not be allowed to buy guns, nor should they be allowed to use computer keyboards or typewriters, word processors or e-mails, and they should have their speech controlled. If we did those three or four things, I can't tell you what a sane, calm, civil, fun-loving society we would have. Take guns out of the possession, out of the hands of liberals, take their typewriters and their keyboards away from ‘em, don't let ‘em anywhere near a gun, and control their speech. You would wipe out 90% of the crime, 85 to 95% of the hate, and a hundred percent of the lies from society.
Rush Limbaugh