Tag Archives: Iron Lady

Thatcher Funeral Draws Dignitaries and Complaints

By hnn

LONDON — A horse-drawn gun carriage bore the coffin of Margaret Thatcher to St. Paul’s Cathedral on Wednesday for a ceremonial funeral that divided British opinion, much as the former prime minister known as the Iron Lady stirred deep and conflicting emotions during her lifetime and, in death, triggered an equally passionate debate over her legacy.

With hymns and prayers and biblical readings, dignitaries from around the world and from Britain’s political elite gathered in the cathedral for a service regarded as austere and devout reflecting her Methodist upbringing as bells pealed over the city and a gun salute boomed from the Tower of London.

Some 700 military personnel from three services — the Army, Royal Navy and Royal Air Force — lined the streets, including guards in scarlet tunics and distinctive black bearskin hats on the 24 cathedral steps as the gun carriage processed along Fleet Street and Ludgate Hill from the church of St. Clement Danes in a closely scripted display of ceremonial precision honed over centuries….

Source:
NYT

Source URL:
http://www.nytimes.com/2013/04/18/world/Europe/margaret-thatcher-funeral-london.html?hp

Date:
4-17-13

From: http://hnn.us/articles/thatcher-funeral-draws-dignitaries-and-complaints

Britain to bid farewell to its Iron Lady, Margaret Thatcher

The Iron Lady is being laid to rest — yet even in death, she remains a divisive figure.

World leaders and dignitaries from 170 countries were to attend the funeral of former British Prime Minister Margaret Thatcher on Wednesday, an elaborate affair with full military honors that will culminate with a service at St. Paul’s Cathedral in London.

A coffin bearing the former leader’s body will travel by hearse to the church of St. Clement Danes, before being borne on a horse-drawn gun carriage to the cathedral, where 2,300 invited guests will await.

More than 700 soldiers, sailors and air force personnel will line the route and around 4,000 police officers will be on duty as part of a major security operation, stepped up after Monday’s bombings at the Boston Marathon that killed three people and wounded over 170.

The woman nicknamed “the Iron Lady” transformed Britain during her 11-year tenure from 1979 to 1990, and died on April 8 at age 87.

Thatcher is being given a ceremonial funeral — not officially a state funeral, which requires a vote in Parliament. Still, the proceedings will feature the same level of pomp and honor afforded Princess Diana in 1997 and the Queen Mother Elizabeth in 2002.

That has raised the ire of some Britons, those who view her legacy as a socially and economically divided nation. Scotland Yard says it is working with a “small number of people planning to protest” peacefully Wednesday.

Those attending the Thatcher funeral include Queen Elizabeth II and her husband Prince Philip, 11 prime ministers from around the world, former U.S. Secretary of State Henry Kissinger and former U.S. Vice President Dick Cheney.

Some high profile guests sent their regrets: Former First Lady Nancy Reagan — whose husband Ronald had a close relationship with Thatcher — will not be able to attend; nor will former Soviet leader Mikhail Gorbachev, who shared key moments in history with the late prime minister. Germany’s Angela Merkel was sending her foreign minister, while the American political power families the Clintons and the Bushes declined to attend.

Alicia Castro, Argentina‘s ambassador to the U.K., is not going, since Thatcher was in power in 1982 when Britain defended the Falkland Islands from being taken over by Argentina.

Parliament’s Big Ben bell will be silenced for the funeral service, which will include hymns and passages from the Bible read by Prime Minister David Cameron and the late premier’s granddaughter, Amanda Thatcher.

On Tuesday, Thatcher’s body was taken to the Houses of Parliament in London. Her coffin, draped in a red, white and blue Union flag, was driven to the Palace of Westminster and carried into the crypt chapel of St. Mary Undercroft, where about 100 family members, colleagues and senior politicians attended a private service.

The medieval chapel remained open overnight so lawmakers and parliamentary staff could pay their respects to the former leader.

From: http://feeds.foxnews.com/~r/foxnews/world/~3/M72xeSGhrVw/

Video: Thatcher ‘death Party’ Turns Violent

By NewsEditor

Socialists, students, and anti-capitalists were joined by former miners for a demonstration in London’s Trafalgar Square on Saturday. Many Britons remain harshly critical of Prime Minster Margaret Thatcher’s polices, two decades after she left office. Contains brief strong language.

From: http://www.westernjournalism.com/thatcher-death-party-turns-violent/

Thatcher's Last Wish: Another Clunker from the Iron Lady

By Eamonn Fingleton, Contributor

The news today is that a group of supporters of Margaret Thatcher are pushing ahead with a plan to establish a museum and library as a permanent memorial to her. It is clear that the plan has been long in the making and that it not only had Thatcher’s approval but she herself largely instigated the idea. This is another clunker from the Iron Lady – a final terrible idea from a woman who will be remembered as one of the worst British political leaders of modern times.

From: http://www.forbes.com/sites/eamonnfingleton/2013/04/14/thatchers-last-wish-another-clunker-from-the-iron-lady/

Cheney wrong again

By hnn

It’s one of Margaret Thatcher’s most memorable quotes, spoken to President George H.W. Bush after Iraq’s 1990 invasion of Kuwait: “Remember, George, this is no time to go wobbly.”

It evokes the image of a weak-spined Bush, bolstered by the Iron Lady.

Dick Cheney, the defense secretary who would become vice president, recently called it “an old wives’ story.”

And we said: Really?

Source:
PolitiFact

Source URL:
http://www.politifact.com/truth-o-meter/statements/2013/apr/10/dick-cheney/dick-cheney-margaret-thatcher-go-wobbly/

Date:
4-8-13

read more

From: http://hnn.us/articles/cheney-wrong-again

Remembering Margaret Thatcher

By Michael Reagan

Margaret Thatcher SC Remembering Margaret Thatcher

Margaret Thatcher, who served as prime minister of Britain from 1979 to 1990, is most famous for teaming up with my father Ronald Reagan and Pope John Paul II to peacefully end the Cold War and bring about the collapse of the Soviet Union.

But at home, the “Iron Lady’s” intellect, political will, and love of freedom and capitalism also saved Britain from its long, slow death by socialism.

Prime Minister Thatcher freed up Britain’s economy by deregulating business, privatizing government-owned industries, and breaking the back of the powerful unions that were smothering her country to death.

Not that The New York Times can bring itself to give Lady Thatcher much credit for any of this in its coverage of her death from a stroke on Monday at age 87.

Paul Krugman, the pathetic Times’ in-house apologist for the serial failures of the Obama Economy, dug out some arcane data that he said raises doubts that Thatcher’s pro-capitalist policies actually did anything to turn around Britain’s economy.

Meanwhile, a so-called news article in the Times on Wednesday about the debate over Thatcher’s legacy in the British Parliament is the latest example of how the Paper of Record’s liberal bias is always at work.

Two Times writers — John F. Burns and Alan Cowell — said, “The Thatcher era is generally recalled as a time when a capitalist revolution crushed labor unions, decimated staid industries that had once formed the nation’s economic base, and inaugurated a period of robust economic growth that sanctified a generation’s acquisitiveness.”

No bias there, right?

I think Burns and Cowell spent more time describing what nasty things Thatcher’s left-wing critics in the Labor Party had to say about her than mentioning her triumphs.

But Lady Thatcher doesn’t need the support of The New York Times or Hollywood to make it into the history books. Her accomplishments on the world stage will speak for themselves forever.

I’ll never forget meeting Lady Thatcher several times in London and in the United States. But my greatest memory of her occurred in 2004 when, despite being very ill, she attended my father’s funeral at the Reagan Library.

The morning after the funeral, as I was eating at the hotel with my family, I greeted Lady Thatcher when she came in for breakfast.

“Oh, Michael,” she said in that great accent of hers. “Think of how much we could have accomplished if your father had been elected in 1976, not 1980.”

Lady Thatcher,” I said with the greatest respect, “I think God chooses the time for many of the things that happen in the world. And 1976 wasn’t that time; 1980 in fact was.”

“Why would you say that?” she said.

“Simply because I look at 1976 and I say, ‘Where was Margaret Thatcher? Where was Pope John Paul II? Where was Lech Walesa and Helmut Kohl and Mikhail Gorbachev?’ In 1976, none of you were in positions of power to do anything.

“But 1980 was the right time,” I said to Lady Thatcher.

“You were prime minister. Pope John Paul was pope. And you had

From: http://www.westernjournalism.com/remembering-margaret-thatcher/

Thatcher's Death Renews Debate Over 1980s Economic Policies

By The Associated Press

Filed under: , ,

Howard L. Sachs/AP/DPA U.K. Prime Minister Margaret Thatcher speaks after visiting U.S. President Ronald Reagan at the White House in July 1987. Thatcher’s death Monday has renewed debate about the economic policies pursued by both leaders.

By ADAM GELLER

Believers hailed its reduced tax rates and deregulation as springboards for economic miracles under the leadership of President Ronald Reagan and British Prime Minister Margaret Thatcher. Critics dismissed the very same ideas as so much trickle-down hocus-pocus and voodoo.

It’s been most of three decades since debate over “supply-side” economic policies was at the center of U.S. politics. But for the moment, talk of conservative economic ideas that were as central to the story of the 1980s as Michael Jackson‘s moonwalk and the first MacIntosh personal computer is back. Why? A pair of its leading proponents have returned to the headlines.

Memories of economic days gone by were rekindled last week when David Stockman, Reagan’s budget director, unleashed a scathing attack on years of decision-making by U.S. leaders, including his former boss. It continued this week, when Thatcher’s death on Monday prompted recollections — some fond, others not so much — of how the Iron Lady imposed her will on a long-stagnant British economy.

‘Time Machine’

The confluence of events got economists waxing about what the past means for today, although there’s disagreement on how much supply-side’s ideas have been abandoned in the U.S. or are just awaiting their moment of return. In the meantime, there was Arthur Laffer, the U.S. economist often called the father of supply-side, back on television three times Monday, recalling a warm friendship with Thatcher that highlighted a time when prevailing wisdom on taxes, deficits, and the roles of government and individuals was very different.

“We’re back in the time machine,” said Yoram Bauman, a Seattle economist who makes a living doing stand-up comedy about the dismal science — and who has long opened with a joke or two about supply-side to test the depth and endurance of his audience’s knowledge.

Supply-side economists argued that reducing taxes through lower rates would encourage work, saving and investment. Early supply-side theory promised that the reduced tax rates could pay for themselves by raising tax revenues. Under Reagan, the government lowered tax rates and reduced government regulation as the Federal Reserve worked to rein in inflation. The administration’s focus on lowering tax rates for the wealthy, labeled “trickle-down economics,” reflected the belief that these gains would encourage the rich to spend and invest more to create jobs for others.

Now that theory — and Bauman’s comic material, for that matter — may have found its moment, but it’s not clear how long it will last.

‘Destruction of Fiscal Rectitude’

It began last week when Stockman wrote a lengthy opinion piece in The New York Times, followed by interviews, to …read more

Source: FULL ARTICLE at DailyFinance

Reagan, Thatcher Forged A Close, Lasting Bond

By Breaking News

WASHINGTON — Margaret Thatcher and Ronald Reagan, two self-assured and firm-speaking conservatives, joined forces in the early 1980s and drastically changed the economic and political landscapes in both of their countries.

Their calls for more-austere government and lower taxes still resonate with conservatives on both sides of the Atlantic. And their side-by-side standing up to Soviet communism is credited by those of all political stripes as hastening the end of the Cold War.

Thatcher died Monday in London of a stroke at 87.

The British prime minister and the American president had the kind of personal bond that is extremely rare at such high levels of power.

She was the first and last White House State Dinner guest during Reagan’s eight-year presidency. And when he died in 2004, at 93 after suffering for years with Alzheimer’s disease, a frail Thatcher attended his state funeral.

Read More at OfficialWire . By Tom Raum.

Photo Credit: LeStudio1.com- Bernard Bujold

…read more

Source: FULL ARTICLE at Western Journalism

Even in death, Thatcher draws scorn from some

While some Britons mourned the passing of Margaret Thatcher, others raised glasses of champagne in impromptu street parties. And Judy Garland’s song “Ding Dong! The Witch is Dead” is surging up the UK singles charts.

A Guardian newspaper cartoon depicted Thatcher descending into hell, the Socialist Worker front page said “Rejoice,” and a movie marquee was rearranged to read: “Margaret Thatchers Dead LOL.”

Many societies soften their take on divisive leaders as they age — notably the United States, where even unpopular presidents are warmly eulogized in death — but emotions in Britain are as raw as they were when the Iron Lady was in power.

Yes, Thatcher was an unusually divisive figure blamed by many for crippling Britain’s labor unions and sabotaging workers’ rights, but the willingness of small groups of Britons to publicly mock a longtime national leader hours after her death reflects a British contempt for power and its practitioners that many believe stands in contrast to attitudes in the United States.

There were no similar scenes of jubilation after the 1994 death of Richard Nixon, a polarizing figure who is the only U.S. president to resign from office, said Robert McGeehan, an associate fellow at the Institute for the Study of Americas.

“This really shows the dissimilarity between the two countries,” said McGeehan, a dual national who worked with Thatcher in academia after she left office. “One does not recall, with the passing of controversial figures in the U.S., anything remotely resembling the really crude approach we’ve seen over here,” he said. “There is a class ingredient here that we simply don’t have in America. They like to perpetuate this; the bitterness goes from father to son.”

In contrast, he said, Nixon — disgraced by the Watergate scandal and facing impeachment — eventually rehabilitated his public image and was treated as a respected elder statesmen by the time of his death.

There are key differences between the two political systems, despite their common roots. In Britain, the prime minister is not the head of state — a position filled by the monarch, Queen Elizabeth II, who is also the head of the Church of England — while in the U.S. the president fills the dual role as head of state and commander-in-chief of the armed forces.

While some Britons are comfortable …read more

Source: FULL ARTICLE at Fox World News

Video: Collective Amnesia About Thatcher’s Abortion Stand

By Steve Eastman

Britain’s Iron Lady died yesterday — former Prime Minister Margaret Thatcher. Although she was a heroine to conservatives, we still need to regard Thatcher’s legacy with a critical eye.

…read more

Source: FULL ARTICLE at Western Journalism

A Margaret Thatcher Quote for the Future of Banking

By Matt Koppenheffer, The Motley Fool

Filed under:

Sadly, Britain’s former Prime Minister, Margaret Thatcher passed away Monday morning. In remembrance of the “Iron Lady,” The Wall Street Journal ran a collection of some of Thatcher’s most notable quotes.

One quote jumped out at me in particular:

You don’t win by just being against things, you only win by being for things and making your message perfectly clear.

As somebody who covers the banking and financial services sector, it struck me that this is painfully applicable right now in both the U.S. and worldwide. We hear an awful lot about the many things that various stakeholders are against when it comes to finance, but we hear far less about what anyone is for.

What should we be for in banking? Here are a few ideas.

1. Transparency
Take a moment to open up a bank’s annual report circa 2000 or 2003. Now crack open one from 2012. 

Banks haven’t gotten radically more complex over that time. Thanks to the financial crisis and demands from both the government and shareholders, they’ve simply started sharing more about their businesses. 

This makes for more required reading — Bank of America‘s annual report now clocks in at nearly 300 pages — but it provides a lot of additional useful information for investors. I’m for more transparency in banks.

2. Conservative management
What set Wells Fargo and US Bancorp apart from, say, Citigroup when the financial crisis hit? I’d argue it had a lot to do with management. 

At the very top of both Wells and USB there are conservative bankers and leaders who are managing the banks for the long term. They’re less interested in maximizing earnings today if that means putting the entire organization at risk.

That contrasts with Chuck Prince, the then-CEO at Citi, who deftly conveyed the polar opposite of that manage-for-the-long-term, conservative approach when he quipped:

As long as the music is playing, you’ve got to get up and dance… We’re still dancing.

I’m for conservative managers in banking who manage for the long term.

3. Making loans that will be paid back
There was no shortage of lending idiocy that we could point to in the pre-crisis days, but Wachovia — since gobbled up by Wells Fargo — and its “Pick-A-Pay” product could easily be one of the poster children for dumb lending practices. 

The “Pick-A-Pay” mortgage allowed customers to choose how much they wanted to pay each month. They might pay an amount that would look consistent with a standard mortgage. Or they might just pay interest. Or they might say, “I’ve got my eye on a new four-wheeler, so paying my mortgage can wait,” and pay an amount less than the interest alone, racking up negative amortization on their loan.

That it was expected that widely offered loans of this sort would be dutifully paid back seems silly today. If only it had seemed as silly to more people then. 

Bottom line: I’m for banks making measured, reasonable loans that will be repaid.

Investing with great banking management
Wells Fargo‘s dedication to solid, conservative banking helped it vastly outperform its peers during the financial meltdown. …read more

Source: FULL ARTICLE at DailyFinance

Thatcher Dead, Britain Dying, But Life Goes On

By James Poulos, Contributor

American conservatives are fond of quoting Margaret Thatcher with almost as much verve as they summon forth on Winston Churchill‘s behalf. Now that the Iron Lady has passed, uneasy conservatives will be caught between the two perennial modern conservative urges: celebration of the greatness that was and despair over the possibility — the likelihood! — that such greatness is a possibility now foreclosed in human life. Unfortunately, modern Britain seems to have been perfectly designed to exacerbate that debilitating sense of being so torn. …read more

Source: FULL ARTICLE at Forbes Latest

Margaret Thatcher Falklands War Legacy Remembered After Death, Mixed Twitter Reactions To Role In Malvinas War

By The Huffington Post News Editors

Just six days after the 31st Anniversary of the Falklands War, former British prime minister and a central figure in the South Atlantic conflict, Margaret Thatcher, was confirmed dead on Monday, the Associated Press reports.

Britain’s “Iron Ladysuffered a stroke on Monday morning and as the news began trending on Twitter, many recalled her prominent role in the Falklands War. (Check out some reactions above)

Read More…

…read more

Source: FULL ARTICLE at Huffington Post

Margaret Thatcher, Britain's first female PM, dead at 87

By BronxKnight

Former British Prime Minister Margaret Thatcher, a towering figure in postwar British and world politics and the only woman to become British prime minister, has died at the age of 87.

She suffered a stroke Monday, her spokeswoman said. A British government source said she died at the Ritz Hotel in London.

Thatcher’s funeral will be at St. Paul’s Cathedral, with full military honors, followed by a private cremation, the British prime minister’s office announced.

Thatcher served from 1975 to 1990 as leader of the Conservative Party. She was called the “Iron Lady” for her personal and political toughness….

Source:
CNN

Source URL:
http://www.cnn.com/2013/04/08/world/Europe/uk-margaret-thatcher-dead/index.html?hpt=hp_t1

Date:
04-08-13

…read more

Source: FULL ARTICLE at History News Network – George Mason University

World mourns Thatcher, 'a great Briton'

Global leaders expressed praise and admiration Monday for former British Prime Minister Margaret Thatcher as news spread of her death. Today’s British leader, David Cameron, summed up the consensus from friend and foe alike that the Iron Lady was “a great Briton.”

“As our first woman prime minister, Margaret Thatcher succeeded against all the odds,” Cameron said in Madrid as he cut short a trip to Spain and canceled a visit to France to return home to lead funeral preparations for the longtime leader of his Conservative Party.

“The real thing about Margaret Thatcher is that she didn’t just lead our country, she saved our country,” Cameron said, “and I believe she’ll go down as the greatest British peacetime prime minister.”

As flags across the United Kingdom were lowered to half mast, Buckingham Palace said Queen Elizabeth II would send a private message of sympathy to the Thatcher family.

Across Europe and the world, leaders lauded Thatcher for her steely determination to modernize Britain’s industrial landscape — even at the cost of violent strikes and riots — and to stand beside the United States as the west triumphed in the Cold War versus the Soviet Union.

In Poland, Foreign Minister Radoslaw Sikorski said his country should erect a statue of the British leader. In a tweet he praised Thatcher as “a fearless champion of liberty, stood up for captive nations, helped free world win the Cold War.”

Former Prime Minister Tony Blair, who ousted the Conservatives from power seven years after Thatcher’s resignation, conceded that Thatcher had been right to challenge labor union power — the traditional bedrock for Blair’s own Labour Party.

“Very few leaders get to change not only the political landscape of their country but of the world. Margaret was such a leader. Her global impact was vast,” said Blair, who credited Thatcher with being “immensely supportive” despite their opposing views on many issues.

“You could not disrespect her character or her contribution to Britain’s national life,” Blair said.

Discordant notes came from Northern Ireland and Argentina, where Thatcher’s reputation for unbending determination received early tests — when breaking an Irish Republican Army prison hunger strike in 1981, then leading Britain into a 1982 war to reclaim the Falkland Islands from Argentine invaders.

…read more

Source: FULL ARTICLE at Fox World News

UK: Thatcher to receive ceremonial funeral

The British government says former Prime Minister Margaret Thatcher will receive a ceremonial funeral with military honors.

Thatcher — known as the “Iron Lady” — died Monday from a stroke at 87. Prime Minister David Cameron cut short a trip to Spain and France upon hearing the news.

Downing Street says Queen Elizabeth II has authorized a ceremonial funeral — a step short of a state funeral — to be held at St. Paul’s Cathedral.

It says the funeral will be attended by a “wide and diverse range of people,” and the service will be followed by a private cremation.

It did not provide further details on the timing of the service, saying only that the arrangement are “in line with the wishes” of Thatcher’s family.

…read more

Source: FULL ARTICLE at Fox World News

Thatcher's Thoughts from a Life in Politics

Former British Prime Minister Margaret Thatcher — who died Monday from a stroke at age 87 — retired from public engagements in 2002 following a series of small strokes, and was only occasionally seen in public since then.

Here are memorable quotes from her public life.

__

“There are dangers in consensus: it could be an attempt to satisfy people holding no particular views about anything. … No great party can survive except on the basis of firm beliefs about what it wants to do.” — Oct. 10, 1968, Conservative Party conference.

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“Ladies and gentlemen, I stand before you tonight in my red chiffon evening gown, my face softly made up, my fair hair gently waved … the Iron Lady of the Western World. Me? A Cold War warrior? Well, yes — if that is how they wish to interpret my defense of values of freedoms fundamental to our way of life.” Jan. 31, 1976.

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“You turn if you want to; the lady’s not for turning.” — Conservative Party Conference, Oct. 10, 1980.

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“When you’ve spent half your political life dealing with humdrum issues like the environment, it’s exciting to have a real crisis on your hands.” — May 14, 1982, commenting on the Falkland Islands war.

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“We fought to show that aggression does not pay and that the robber cannot be allowed to get away with his swag. We fought with the support of so many throughout the world. … Yet we also fought alone.” — July 3, 1982, on the Falkland Islands war.

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“I was asked whether I was trying to restore Victorian values. I said straight out I was. And I am.” July 21, 1983, speech to British Jewish Community.

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“There is no week, nor day, nor hour, when tyranny may not enter …read more

Source: FULL ARTICLE at Fox World News

Margaret Thatcher, Iron Lady, dead at 87

Ex-spokesman Tim Bell says that former British Prime Minister Margaret Thatcher has died. She was 87.

Bell said the woman known to friends and foes as “the Iron Lady” passed away Monday morning.

During 11 bruising years as prime minister, Thatcher found a fellow believer in former U.S. President Ronald Reagan, transformed her country by a ruthless dedication to free markets and infuriated European allies.

Thatcher retired from public engagements in 2002 following a series of small strokes, and was only occasionally seen in public since then.

…read more

Source: FULL ARTICLE at Fox World News

Britain's Margaret Thatcher at 87 dies after suffering stroke

DEVELOPING: Former British Prime Minister Margaret Thatcher has died after suffering a stroke.

“It is with great sadness that Mark and Carol Thatcher announced that their mother Baroness Thatcher died peacefully following a stroke this morning,” Thatcher spokesperson Lord Bell said in a statement.

Thatcher, an outspoken woman was known to many as the “Iron Lady,” was 87. She led Britain’s Conservatives to three election victories from 1979 to 1990, the longest continuous period in office by a British prime minister since the early 19th century.

…read more

Source: FULL ARTICLE at Fox World News