--- title: "Meaning & Key Takeaway of: We have been in recess since July, and…" description: "\"We have been in recess since July, and during that time there has been a fuel crisis, a Danish no vote, the collapse of the euro and a war in the middl..." image: "https://sms4smile.com/quotes/i/9a5/tony-benn-2543_bankruptcy_we-have-been-in-recess-since-july-and-du_837447.png" --- # We have been in recess since July, and during that time… ![“We have been in recess since July, and during that time there has been a fuel crisis, a Danish no vote, the collapse of the euro and a war in the middle east, but what is our business tomorrow? The Insolvency Bill [Lords]. It ought to be called the Bankruptcy Bill [Commons], because we play no role.” quote by Tony Benn](https://sms4smile.com/quotes/i/9a5/tony-benn-2543_bankruptcy_we-have-been-in-recess-since-july-and-du_837447.png) [Download](https://sms4smile.com/quotes/i/9a5/tony-benn-2543_bankruptcy_we-have-been-in-recess-since-july-and-du_837447.png) [Open image](https://sms4smile.com/quotes/i/9a5/tony-benn-2543_bankruptcy_we-have-been-in-recess-since-july-and-du_837447.png) > “We have been in recess since July, and during that time there has been a fuel crisis, a Danish no vote, the collapse of the euro and a war in the middle east, but what is our business tomorrow? The Insolvency Bill \[Lords\]. It ought to be called the Bankruptcy Bill \[Commons\], because we play no role.” [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker questions the relevance of a legislative body when major crises dominate, suggesting the bill is misnamed and their role negligible. **In simple terms:** Questioning the purpose of a political institution amid crises. Key Takeaway Consider the real impact of your work. Themes politics legislation crisis relevance Mood critical reflective Type political analytical When to use this quote - parliamentary debate - public policy analysis - media commentary Key Concepts democracy institutional purpose policy naming Questions to Reflect On - How can institutions stay relevant during crises? - What responsibilities do legislators have beyond naming? A Different Perspective The bill may still affect legal processes despite perceived irrelevance. ★ ★ ★ ★ ★ No ratings yet [Bankruptcy](https://sms4smile.com/quotes/about/bankruptcy/) [Bills](https://sms4smile.com/quotes/about/bills/) [Business](https://sms4smile.com/quotes/about/business/) [Called Bankruptcy](https://sms4smile.com/quotes/about/called-bankruptcy-612927/) [Collapse](https://sms4smile.com/quotes/about/collapse/) [Crisis](https://sms4smile.com/quotes/about/crisis/) [Crisis Danish](https://sms4smile.com/quotes/about/crisis-danish-612929/) [Danish](https://sms4smile.com/quotes/about/danish/) [East](https://sms4smile.com/quotes/about/east/) [Euro](https://sms4smile.com/quotes/about/euro/) [Fuel](https://sms4smile.com/quotes/about/fuel/) [Has beens](https://sms4smile.com/quotes/about/has-beens/) [Insolvency](https://sms4smile.com/quotes/about/insolvency/) [Insolvency Lords](https://sms4smile.com/quotes/about/insolvency-lords-612928/) [July](https://sms4smile.com/quotes/about/july/) [Lord](https://sms4smile.com/quotes/about/lord/) [Middle](https://sms4smile.com/quotes/about/middle/) [Middle east](https://sms4smile.com/quotes/about/middle-east/) [Ought](https://sms4smile.com/quotes/about/ought/) [Play](https://sms4smile.com/quotes/about/play/) [Recess](https://sms4smile.com/quotes/about/recess/) [Roles](https://sms4smile.com/quotes/about/roles/) [Time](https://sms4smile.com/quotes/about/time/) [Tomorrow](https://sms4smile.com/quotes/about/tomorrow/) [Tomorrow Insolvency](https://sms4smile.com/quotes/about/tomorrow-insolvency-612926/) [Vote](https://sms4smile.com/quotes/about/vote/) [War](https://sms4smile.com/quotes/about/war/) ## Related quotes > [A normal way that the American free market system has worked is that we have a process of unwinding. It's called bankruptcy. It doesn't…](https://sms4smile.com/quotes/michele-bachmann/a-normal-way-that-the-american-free-market-system-has-worked-is-that/) [Michele Bachmann](https://sms4smile.com/quotes/author/michele-bachmann/) > [“When certain circumstances of the body tend to happen, the time for insolvency begins. Everything indeed is going to go into insolvency. Therefore You…](https://sms4smile.com/quotes/dada-bhagwan/when-certain-circumstances-of-the-body-tend-to-happen-the-time-for/) [Dada Bhagwan](https://sms4smile.com/quotes/author/dada-bhagwan/) > [Amnesty will not help balance our budget ... In fact, a large-scale amnesty is likely to add trillions of dollars to the debt over…](https://sms4smile.com/quotes/jeff-sessions/amnesty-will-not-help-balance-our-budget-in-fact-a-large-scale/) [Jeff Sessions](https://sms4smile.com/quotes/author/jeff-sessions/) > [“It was evident from the general tone of the whole party, that they had come to regard insolvency as the normal state of mankind,…](https://sms4smile.com/quotes/charles-dickens/it-was-evident-from-the-general-tone-of-the-whole-party-that-they-had/) [Charles Dickens](https://sms4smile.com/quotes/author/charles-dickens/) > [The dearth of business activity on the traditional day of rest makes Sunday an ideal time to declare insolvency. Bankruptcy petitions are time-stamped to…](https://sms4smile.com/quotes/brendan-i-koerner/the-dearth-of-business-activity-on-the-traditional-day-of-rest-makes/) [Brendan I. Koerner](https://sms4smile.com/quotes/author/brendan-i-koerner/) > [The worst bankruptcy in the world is the person who has lost his enthusiasm.](https://sms4smile.com/quotes/william-howard-arnold/the-worst-bankruptcy-in-the-world-is-the-person-who-has-lost-his/) [William Howard Arnold](https://sms4smile.com/quotes/author/william-howard-arnold/) > [The entitlement state has driven us into insolvency.](https://sms4smile.com/quotes/joe-miller/the-entitlement-state-has-driven-us-into-insolvency/) [Joe Miller](https://sms4smile.com/quotes/author/joe-miller/) > [What you have in legacy countries is long-term insolvency.](https://sms4smile.com/quotes/paul-singer/what-you-have-in-legacy-countries-is-long-term-insolvency/) [Paul Singer](https://sms4smile.com/quotes/author/paul-singer/) > [We have now an American political party and a European one. Not all Americans who vote for the European party want to become Europeans.…](https://sms4smile.com/quotes/harvey-mansfield/we-have-now-an-american-political-party-and-a-european-one-not-all/) [Harvey Mansfield](https://sms4smile.com/quotes/author/harvey-mansfield/) > [While it may be difficult to understand why cities and even entire states would doom themselves to insolvency by undertaking these obligations, the answer…](https://sms4smile.com/quotes/devin-nunes/while-it-may-be-difficult-to-understand-why-cities-and-even-entire/) [Devin Nunes](https://sms4smile.com/quotes/author/devin-nunes/) > [Canadians no longer have any financial room. Half of Canadians are $200 away from insolvency. They are facing a slowing economy with a diminishing…](https://sms4smile.com/quotes/pierre-poilievre/canadians-no-longer-have-any-financial-room-half-of-canadians-are-200/) [Pierre Poilievre](https://sms4smile.com/quotes/author/pierre-poilievre/) > [Breach of promise is no less an act of insolvency than a refusal to pay one's debt.](https://sms4smile.com/quotes/mahatma-gandhi/breach-of-promise-is-no-less-an-act-of-insolvency-than-a-refusal-to/) [Mahatma Gandhi](https://sms4smile.com/quotes/author/mahatma-gandhi/) > [No one can reasonably deny that Medicare is headed for insolvency, and that Medicare's insolvency, if not rectified, will lead to the federal government's…](https://sms4smile.com/quotes/david-limbaugh/no-one-can-reasonably-deny-that-medicare-is-headed-for-insolvency-and/) [David Limbaugh](https://sms4smile.com/quotes/author/david-limbaugh/) > [Man's Reason is in such deep insolvency to sense,that tho' she guide his highest flight heav'nward, and teach himdignity morals manners and human comfort,she…](https://sms4smile.com/quotes/robert-bridges/man-s-reason-is-in-such-deep-insolvency-to-sense-that-tho-she-guide/) [Robert Bridges](https://sms4smile.com/quotes/author/robert-bridges/) > [Social Security and Medicare are necessary safety nets, but they are nearing insolvency as fewer pay in, more take out, and more take out…](https://sms4smile.com/quotes/mark-mckinnon/social-security-and-medicare-are-necessary-safety-nets-but-they-are/) [Mark McKinnon](https://sms4smile.com/quotes/author/mark-mckinnon/) ## More by Tony Benn > [Experience is the only real teacher and if you keep a diary you get three bites at educating yourself - when it happens, when…](https://sms4smile.com/quotes/tony-benn/experience-is-the-only-real-teacher-and-if-you-keep-a-diary-you-get/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [Someone comes every morning at nine o'clock to see if I am still alive. I do get lonely, yes, but I have the children…](https://sms4smile.com/quotes/tony-benn/someone-comes-every-morning-at-nine-o-clock-to-see-if-i-am-still/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [Middle class Labour leaders are recaptured by the establishment when they die.](https://sms4smile.com/quotes/tony-benn/middle-class-labour-leaders-are-recaptured-by-the-establishment-when/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [Change from below, the formulation of demands from the populace to end unacceptable injustice, supported by direct action, has played a far larger part…](https://sms4smile.com/quotes/tony-benn/change-from-below-the-formulation-of-demands-from-the-populace-to-end/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [People would do well to ask themselves how many of their ambitions and aspirations derive from the type of economic system they inhabit and…](https://sms4smile.com/quotes/tony-benn/people-would-do-well-to-ask-themselves-how-many-of-their-ambitions/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [Most things in life are moments of pleasure and a lifetime of embarrassment; photography is a moment of embarrassment and a lifetime of pleasure.](https://sms4smile.com/quotes/tony-benn/most-things-in-life-are-moments-of-pleasure-and-a-lifetime-of/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [You have to try to build support around causes. It is uniting to campaign on a single issue, and it is never just a…](https://sms4smile.com/quotes/tony-benn/you-have-to-try-to-build-support-around-causes-it-is-uniting-to/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [Normally, people give up parliament because they want to do more business or spend more time with family. My wife said 'why don't you…](https://sms4smile.com/quotes/tony-benn/normally-people-give-up-parliament-because-they-want-to-do-more/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [Food movement organic food stores supplies health food products and facilitate with instrumental support in organic agriculture.](https://sms4smile.com/quotes/tony-benn/food-movement-organic-food-stores-supplies-health-food-products-and/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [We are not just here to manage capitalism but to change society and to define its finer values.](https://sms4smile.com/quotes/tony-benn/we-are-not-just-here-to-manage-capitalism-but-to-change-society-and/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [I think there are two ways in which people are controlled - first of all frighten people and secondly demoralize them.](https://sms4smile.com/quotes/tony-benn/i-think-there-are-two-ways-in-which-people-are-controlled-first-of/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [People in debt become hopeless and hopeless people don’t vote. They always say that that everyone should vote but I think that if the…](https://sms4smile.com/quotes/tony-benn/people-in-debt-become-hopeless-and-hopeless-people-don-t-vote-they/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [Workers are not going to be fobbed off with a few shares...or by a carbon copy of the German system of co-determination.](https://sms4smile.com/quotes/tony-benn/workers-are-not-going-to-be-fobbed-off-with-a-few-shares-or-by-a/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [No medieval monarch in the whole of British history ever had such power as every modern British Prime Minister has in his or her…](https://sms4smile.com/quotes/tony-benn/no-medieval-monarch-in-the-whole-of-british-history-ever-had-such/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) > [Having served in eleven Parliaments, it would be difficult to describe this as a maiden speech. It would be like Elizabeth Taylor appearing at…](https://sms4smile.com/quotes/tony-benn/having-served-in-eleven-parliaments-it-would-be-difficult-to-describe/) [Tony Benn](https://sms4smile.com/quotes/author/tony-benn/) [Explore all 162 Tony Benn quotes ](https://sms4smile.com/quotes/author/tony-benn/) ## More Bankruptcy quotes > [One's ability to enter into thousands of lawsuits as a tool for success, or to use bankruptcy to avoid paying your former employees and…](https://sms4smile.com/quotes/john-hickenlooper/one-s-ability-to-enter-into-thousands-of-lawsuits-as-a-tool-for/) [John Hickenlooper](https://sms4smile.com/quotes/author/john-hickenlooper/) > [And now, what has Anarchism to say to all this, this bankruptcy of republicanism, this modern empire that has grown up on the ruins…](https://sms4smile.com/quotes/voltairine-de-cleyre/and-now-what-has-anarchism-to-say-to-all-this-this-bankruptcy-of/) [Voltairine de Cleyre](https://sms4smile.com/quotes/author/voltairine-de-cleyre/) > [The moral and constitutional obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing…](https://sms4smile.com/quotes/ron-paul/the-moral-and-constitutional-obligations-of-our-representatives-in/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [“Bankruptcy-Seeking assistance on declaring and filing for bankruptcy then bankruptcy centre is the right place.Get professional advice and guidance before you file for bankruptcy.”](https://sms4smile.com/quotes/bankruptcy-centre/bankruptcy-seeking-assistance-on-declaring-and-filing-for-bankruptcy/) [Bankruptcy Centre](https://sms4smile.com/quotes/author/bankruptcy-centre/) > [A woman's whole life is a history of the affections. The heart is her world: it is there her ambition strives for empire; it…](https://sms4smile.com/quotes/washington-irving/a-woman-s-whole-life-is-a-history-of-the-affections-the-heart-is-her/) [Washington Irving](https://sms4smile.com/quotes/author/washington-irving/) > [Trump Entertainment Resorts declared Chapter 11 bankruptcy. Or as Donald Trump describes Chapter 11, "Back-to-back number ones!"](https://sms4smile.com/quotes/conan-o-brien/trump-entertainment-resorts-declared-chapter-11-bankruptcy-or-as/) [Conan O'Brien](https://sms4smile.com/quotes/author/conan-o-brien/) > [If we don't change, millions of American families are just one medical emergency, or one layoff, away from financial disaster and bankruptcy.](https://sms4smile.com/quotes/jim-cooper/if-we-don-t-change-millions-of-american-families-are-just-one-medical/) [Jim Cooper](https://sms4smile.com/quotes/author/jim-cooper/) > [The unions and the auto companies have been unable to put a deal together that fundamentally restructures the industry. It needs to get done.…](https://sms4smile.com/quotes/anonymous/the-unions-and-the-auto-companies-have-been-unable-to-put-a-deal/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The current health care takeover proposals feature a crucial payoff to Big Labor - a golden exemption from any tax on union members' generous…](https://sms4smile.com/quotes/michelle-malkin/the-current-health-care-takeover-proposals-feature-a-crucial-payoff/) [Michelle Malkin](https://sms4smile.com/quotes/author/michelle-malkin/) > [Legalized gambling is the leading cause of bankruptcy](https://sms4smile.com/quotes/john-warren-kindt/legalized-gambling-is-the-leading-cause-of-bankruptcy/) [John Warren Kindt](https://sms4smile.com/quotes/author/john-warren-kindt/) > [We do not project power from bankruptcy court. We're borrowing a million dollars a minute.](https://sms4smile.com/quotes/rand-paul/we-do-not-project-power-from-bankruptcy-court-we-re-borrowing-a/) [Rand Paul](https://sms4smile.com/quotes/author/rand-paul/) > [ In my very first term there was an issue that brought us \[George Mitchell, Ted Kennedy, Chris Dodd\] together in a very deep, emotional,… ](https://sms4smile.com/quotes/barbara-mikulski/in-my-very-first-term-there-was-an-issue-that-brought-us-george/) [Barbara Mikulski](https://sms4smile.com/quotes/author/barbara-mikulski/) > [Even if the government spends itself into bankruptcy and the economy still does not recover, Keynesians can always say that it would have worked…](https://sms4smile.com/quotes/thomas-sowell/even-if-the-government-spends-itself-into-bankruptcy-and-the-economy/) [Thomas Sowell](https://sms4smile.com/quotes/author/thomas-sowell/) > [In our equities business, 49 of the 50 most important Lehman clients are back doing business with us. The flows are 75 to 80…](https://sms4smile.com/quotes/bob-diamond/in-our-equities-business-49-of-the-50-most-important-lehman-clients/) [Bob Diamond](https://sms4smile.com/quotes/author/bob-diamond/) > [In 1997, the National Bankruptcy Review Commission recommended that chapter 12 of the Federal Bankruptcy Code, the chapter that contains bankruptcy protection for family…](https://sms4smile.com/quotes/tim-holden/in-1997-the-national-bankruptcy-review-commission-recommended-that/) [Tim Holden](https://sms4smile.com/quotes/author/tim-holden/) [Browse all 307 Bankruptcy quotes ](https://sms4smile.com/quotes/about/bankruptcy/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "We have been in recess since July, and during that time there has been a fuel crisis, a Danish no vote, the collapse of the euro and a war in the middle east, but what is our business tomorrow? The Insolvency Bill [Lords]. 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