Sunday, April 14, 2013

MARGARET THATCHER: The Iron Lady?





I was disappointed that in Britain, upon Margaret Thatcher’s death (she was the Prime Minister there 1979-1990) crowds were seen gathering in London celebrating her death with the ditty “Ding, Dong, the queen is dead”; the song shot up to number one in the charts.

Thatcher was definitely controversial but in my reading of history, she basically saved Britain from economic collapse and put Britain on a road to recovery that serves it well to this day albeit new kinds of economic problems have arisen.

Britain in 1979 was so socialist that the government controlled everything and everyone and even wiped your arse for you.

To some, that form of socialism bordering on Communism, suited them well after all why bother with individual responsibility when the government took care of you birth to death.

While this was appealing to the public, it was economically unsustainable as evidenced by the collapse of the Soviet Union and other centrally controlled and planned economic systems.

To nurse the Brits off the government teat, she had to yank the teat and you should have heard the shrieking, screaming and gnashing of teeth.

She deregulated and sold off many state-owned companies (the government owned practically everything) and, and this is probably where all the cheering at her death comes from, she castrated the unions; the Russians called her THE IRON LADY.

Her Conservative (Tory) Party is the largest in Britain and is in power under Cameron today.

You may rejoice at the death of an 87 year-old woman who died of a stroke, but history will mark her time on earth as quite influential and remarkable. 

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