nationalization :

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nationalization

na shuh nuh luh zay shuhn

  • n  the action of forming or becoming a nation
  • n  the action of rendering national in character
  • n  changing something from private to state ownership or control

  • Some say bank nationalization began in 1984 when regulators decided that Continental Illinois, then the nation's seventh largest bank, was too big to fail and put the Federal .
  • Even the most Blimpish British opponent of the Labor government's nationalization of industry would not dispute its goals.
  • Nonetheless, IndyMac does provide an example in which nationalization worked, suggesting that at least some of the fears critics have of nationalization may be unfounded.
Quotes

  • John McFall in Malaysia Star
    A few months ago I said were only a hop, skip and a jump away from nationalization,McFall said.
  • David Cameron in FOXNews
    The nationalization of Northern Rock is a disaster for the British taxpayer, a disaster for this government and a disaster for our country,said Conservative Party leader David Cameron.
  • Nancy Pelosi in New York Times
    Well, whatever you want to call it,said Ms. Pelosi, Democrat of California. "If we are strengthening them, then the American people should get some of the upside of that strengthening. Some people call that nationalization."

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