Europe is difficult to coordinate and our main deficit may not even lie in this area of finance and economics but in foreign and security policy. We have a leadership problem because we are still 27 different members who have still not decided on how to work with each other based on what we used to call a European constitution.

It is bad policy to regulate everything... where things may better regulate themselves and can be better promoted by private exertions but it is no less bad policy to let those things alone which can only be promoted by interfering social power.

The public is not to see where power lies how it shapes policy and for what ends. Rather people are to hate and fear one another.

It is part of the general pattern of misguided policy that our country is now geared to an arms economy which was bred in an artificially induced psychosis of war hysteria and nurtured upon an incessant propaganda of fear.

The moment we begin to fear the opinions of others and hesitate to tell the truth that is in us and from motives of policy are silent when we should speak the divine floods of light and life no longer flow into our souls.

Soon we saw that money going to women brought much more benefit to the family than money going to the men. So we changed our policy and gave a high priority to women. As a result now 96% of our four million borrowers in Grameen Bank are women.

I don't see how the party that says it's the party of the family is going to adopt an immigration policy which destroys families that have been here a quarter century.

So when the only domestic social policy is tax cuts that mostly benefit the wealthiest Americans we say 'Where is faith being put into action here?'

In Barack Obama Democrats have put forth a man of strong religious faith who is comfortable connecting his spiritual life to his public role as a policymaker.

And obviously with hindsight now now knowing what went on in the company it would have been absolutely appropriate back then for us to have the chief executive of the company most senior person in the United Kingdom come and answer for the policy they were pursuing. And we ducked that and frankly that's a failure of Parliament.