Jeremy Corbyn - Friend Quotes

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I am glad that my hon. Friend has raised the problems of the Kurdish people in Iraq, and I am sure that they will be grateful for that. Although the Government may not allow the export of military hardware to Iraq, is it not just as beneficial to the Iraqi Government to be given banking facilities, credits and increased trade? They have exactly the same effect of propping up the Iraqi economy, which is used to finance the war machine that is practising genocide against the Kurdish people.

Jeremy Corbyn
If my hon. Friend is now envisaging the establishment of a federal Europe, will he not reflect that the Maastricht treaty does not take us in the direction of the checks and balances contained in the American federal constitution? It takes us in the opposite direction of an unelected legislative body—the Commission—and, in the case of foreign policy, a policy Commission that will be, in effect, imposing foreign policy on nation states that have fought for their own democratic accountability.

Jeremy Corbyn
Does he concede that the whole basis of the Maastricht treaty is the establishment of a European central bank which is staffed by bankers, independent of national Governments and national economic policies, and whose sole policy is the maintenance of price stability? That will undermine any social objective that any Labour Government in the United Kingdom—or any other Government—would wish to carry out. Does my hon. Friend recognise that the imposition of a bankers' Europe on the people of this continent will endanger the cause of socialism in the United Kingdom and in any other country?

Jeremy Corbyn
My hon. Friend is right in saying that the Bank of England has often operated against the interests of Labour Governments. That is due to the mandarins who run it. If the hon. Gentleman has such doubts about the running of a bank which theoretically is state-owned and state-controlled, what influence does he think will be possible in the case of an independent central bank dedicated to a course of Euro-monetarism?

Jeremy Corbyn
My hon. Friend must be aware of the words used by the Chancellor on Tuesday, when he said that, this year, the Government expect to make a surplus of £14 billion—part of which will be used to pay off the national debt. In those circumstances, would it not be more appropriate and beneficial to the rest of the world if more money were given for overseas aid and to assist the very poor countries in the usary levels of debt repayments that they are forced into at present?

Jeremy Corbyn