RIP PM Thatcher

8 Replies

She was a woman of strength who led the UK during turbulent times. She will always be remembered and we are eternally grateful.

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jfree1-31809 1366020855

  Judging by the demonstrations in London prior to her funeral,she was not loved,liked or respected by a great many people.


Some might even say they are eternally grateful she is no longer.


It is reported that her funeral is to cost 10 million pounds !!!


What a terrible waste of taxpayers money !!!

jfree1-31809 1366021078

"Thatcher’s Britain –  a social and economic DISASTER. She did NOTHING good for the country."

jfree1-31809 1366022096

"England under Thatcher: Industry destroyed,hundreds of millions of pounds lost.


What a cunning politician she was.She managed to persuade the British public to buy shares


in the newly "Nationalized Industries" ......industries that the public already owned !!!"


"The prosperity  was a seductive mirage ….. a prosperity founded on massive borrowing."


strong>FIscal Depravity


 " But the prosperity  was a seductive mirage ….. a prosperity founded on massive borrowing. This is true of both Reagan’s America and Thatcher’s Britain. We are only just now beginning to appreciate the depths of that spend-and-borrow fiscal depravity. How many decades and/or generations it will take for both countries to recover is anybody’s guess."


 

jfree1-31809 1366023537

Thatcher: "headstrong, obstinate and dangerously self-opinionated".


After graduating, Roberts, as she then was ,moved to Colchester in Essex to work as a research chemist for BX Plastics.[18] In 1948, she applied for a job at ICI, but was rejected after the personnel department assessed her as "headstrong, obstinate and dangerously self-opinionated".[19]

jfree1-31809 1366023988

Thatcher's economic policy was influenced by monetarist thinking and economists such as Milton Friedman .


strong>The Shock Doctrine a book by Naomi Klein tells the real story of monetarist thinking and economists such as Milton Friedman. Essential reading.

jfree1-31809 1366025375

Industrial relations Thatcher style:


The Miners' strike


The cost to the U.K. economy was estimated to be at least £1.5 billion,


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Foreign affairs:


Thatcher took office during the Cold War and became closely aligned with the policies of United States President Ronald Reagan, based on their shared distrust of Communism.


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The Thatcher government supported the Khmer Rouge keeping their seat in the UN after they were ousted from power in Cambodia by the Cambodian–Vietnamese War. Although denying it at the time they also sent the SAS to train the non-Communist members of the CGDK to fight against the Vietnamese-backed People's Republic of Kampucheagovernment.[15.


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In April 1986, Thatcher permitted US F-111s to use Royal Air Force bases for the bombing of Libya in retaliation for the alleged Libyan bombing of a Berlin discothèque,[166] citing the right of self-defence under Article 51 of the UN Charter.[167][nb 3] Polls suggested that fewer than one in three British citizens approved of Thatcher's decision.[169] She was in the US on a state visit when Iraqi leaderSaddam Hussein invaded neighbouring Kuwait in August 1990.[170] During her talks with US President George H. W. Bush, who had succeeded Reagan in 1989, she recommended intervention,[170] and put pressure on Bush to deploy troops in the Middle East to drive the Iraqi Army out of Kuwait.[171] Bush was somewhat apprehensive about the plan, prompting Thatcher to remark to him during a telephone conversation that "This was no time to go wobbly!"[172] Thatcher's government provided military forces to the international coalition in the build-up to the Gulf War, but she had resigned by the time hostilities began on 17 January 1991.


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jfree1-31809 1366026433

strong> "Casino Capitalism",


Speaking in Scotland in April 2009, before the 30th anniversary of her election as Prime Minister, Thatcher insisted she had no regrets and was right to introduce the poll tax, and to withdraw subsidies from "outdated industries, whose markets were in terminal decline", subsidies that created "the culture of dependency, which had done such damage to Britain".[241] Political economist Susan Strange called the new financial growth model "casino capitalism", reflecting her view that speculation and financial trading were becoming more important to the economy than industry.[

grandmm 1366817487

You either love or hate her guts! But you have to admit she was a force to reckon with.

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