A Quote by John McDonnell

I think that I was the first MP to call for the nationalisation of Northern Rock, although that is hardly surprising because I have been calling for the nationalisation of the financial sector for 30 years or more.

John McDonnell

Quote Topics

Although Because Been Call Calling Financial First Hardly More Northern Rock Sector Surprising Think Years

Quote Author

John McDonnell
British - Politician
Born: September 8, 1951

We must stand firm against the Left's nationalisation obsession.

Priti Patel

On the left, nationalisation is pursued for its own sake - as a panacea that will somehow fix train travel all by itself.

Andrew Adonis, Baron Adonis

We belong to a tradition where we treat the entire universe as our family. For me, globalisation is the manifestation of nationalisation. There is no contradiction between the two.

Narendra Modi

In January 1961, the United States severed diplomatic relations in response to Cuban nationalisation of U.S.-owned sugar plantations, banks and businesses.

Tariq Ali

Asean is obviously a very important association for us. Over the past 30 years Asean has made great strides in regional cooperation covering a number of areas, although recently it has been under strain because of the financial crisis and other challenges.

Hassanal Bolkiah

Many of the early nationalisation measures were right. They have remained part of the social fabric. I favour measures of that type.

Roy Jenkins

Nationalisation...does not in itself engender greater equality, more jobs in the regions, higher investment or industrial democracy. The public knows this perfectly well, and so do the workers who have suffered from pit closures, steel redundancies and the run-down of the railways. It is idiotic to try to bamboozle them.

Anthony Crosland

There is a simple way of avoiding excess risk-taking by the managers of our financial institutions. It is to make it a crime ... had a crime for reckless management of a financial institution been on the books, Northern Rock and RBS would not have blown up.

Paul Collier

The financial sector has so distorted salaries that physicists are getting drawn into the financial sector. All that has led to an undersupply of people committed to the public sector.

Joseph Stiglitz

I joined the SDP as a founder member a few days after my 18th birthday in 1981. I was a councillor, activist and parliamentary candidate for the SDP and its successor party, the Liberal Democrats, for 14 years before joining Labour when Tony Blair became leader and abolished Labour's old clause IV - committing to general nationalisation - in 1995.

Andrew Adonis, Baron Adonis

As an MP, I could hardly meet my constituents' genuine needs as the funds at an MP's disposal are meagre.

Vijayashanti

Wherever there are rock 'n' rollers, we'll play. That's what we've been doing for more than 30 years - rock 'n' roll. It's made me everything from an honorary mayor to honorary member of a motorcycle gang.

Ronnie Hawkins

Wherever there are rock n rollers, well play. Thats what weve been doing for more than 30 years - rock n roll. Its made me everything from an honorary mayor to honorary member of a motorcycle gang.

Ronnie Hawkins

That's the problem with the financial sector. Banks and the financial sector live in the short run, not the long run. In principle the government is supposed to make regulations that help the economy over time. But once it's taken over by the financial sector, the government lives in the short run too.