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Looking past the immediate crisis, a more resilient system must be built on stronger and better designed shock absorbers, both in the major institutions and in the infrastructure of the financial system.
Cost overruns are not uncommon in architecture, particularly for designs that depart from structural or technological norms, or demand a finer quality of execution than commercial schemes - conditions typical of buildings for cultural institutions. Budgets are exceeded for many reasons, not all of them within an architect's control.
For me 'Oliver Twist' is a political novel. It is a furious critique of the treatment of orphans and poor children who were forced to spend their early lives in ghastly institutions.
The performance of international institutions will be symptomatic of the domestic political priorities of influential member states. International institutions don't really have a life and a mind of their own.
For market discipline to constrain risk effectively, financial institutions must be allowed to fail. Under optimal financial regulatory and financial system infrastructures, such a failure would not threaten the overall system.
The nations must be organized internationally and induced to enter into partnership, subordinating in some measure national sovereignty to worldwide institutions and obligations.
It is a most disgraceful shame the way in which Irishmen are brought up. They are ashamed of their language, institutions, and of everything Irish.
Democracy has always been in crisis: democracy is all about practicing the art of bearable dissatisfaction. In democratic societies, people often complain about their leaders and their institutions. The gap between the ideal democracy and the existing one cannot be bridged.
I think something that forces financial institutions to write down underwater mortgages, I think, would be a sensible thing to do.
To be sure, American higher education is a diverse ecosystem, comprising institutions of all sizes, price tags, and mission statements.
There is plenty of blame to go around for the U.S. housing bubble, but not much of it belongs to Fannie Mae and Freddie Mac. The two giant housing-finance institutions made many mistakes over the decades, some of them real whoppers, but causing house prices to soar and then crater during the past decade weren't among them.
Whoever sets any bounds for the reconstructive power of the religious life over the social relations and institutions of men, to that extent denies the faith of the Master.
Germany has always stood for an E.U. of the 27 countries. But in light of Britain's continued resistance to further integration steps, as we saw with the fiscal pact, there are limits to my optimism in this regard. It's quite possible that we will have to create the new institutions for the euro zone first.
India has the opportunity to be a leader in genetic engineering, It has institutions that no other country has.
I remember in 2000, when President Clinton came to Cartagena just before Plan Colombia started, the country was on the verge of becoming a failed state. Today, we are one of the most solid democracies, where institutions are working, where the scandals such as false positives have come to light because of those functioning institutions.
Juan Manuel Santos
While bringing about reforms and improving institutions, we have to be cautious that while shaking the tree to remove the bad fruit, we do not bring down the tree itself.
Whitney wanted to eradicate the idea that in the case of a language we are dealing with a natural faculty; in fact, social institutions stand opposed to natural institutions.
Ferdinand de Saussure
By dismantling the narrow politics of racial identity and selective self-interest, by going beyond 'black' and 'white,' we may construct new values, new institutions and new visions of an America beyond traditional racial categories and racial oppression.
As Americans, we rightfully place tremendous value on having a free and independent press. Our role as journalists is to give voice to the voiceless, and hold our leaders and institutions accountable. But the circle is only completed when that information is consumed by a free-thinking and engaged audience.
Leaders of institutions everywhere have lost trust. The global economy is stalled and the world is deeply divided, too unequal, unstable and unsustainable.
One of the reasons you study at great institutions or aspire to work in great corporations is that you hope to acquire the values they stand for.
For if you do, then shouldn't we blame the whole fraternity system? And if the whole fraternity system is guilty, then isn't this an indictment of our educational institutions in general? I put it to you, Greg - isn't this an indictment of our entire American society?
Far from being the product of a democratic revolution and of an opposition to English institutions, the constitution of the United States was the result of a powerful reaction against democracy, and in favor of the traditions of the mother country.
The Christian church in the U.S. is still strong numerically, but it has lost its decisive influence both in American public life and in American culture as a whole, especially in the major elite institutions of society.
If you destroy the credibility of those people or institutions that could undermine your own, you create an opportunity for your voice, however irresponsible or misleading it may be, to gain traction.
John F. Kennedy
Martin Luther King, Jr.
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