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Margaret Thatcher Dies At 87

syngularyx writes "Margaret Thatcher, the former British prime minister who became one of the most influential global leaders of the postwar period, died on Monday, three decades after her championing of free-market economics and individual choice transformed Britain's economy and her vigorous foreign policy played a key role in the end of the Cold War."

45 of 539 comments (clear)

  1. Good riddance by AmiMoJo · · Score: 2, Insightful

    Good riddance. She was a terrible Prime Minister and caused untold suffering and misery.

    PS. How is this News for Nerds? Why isn't the story tagged "troll"?

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    1. Re:Good riddance by Anonymous Coward · · Score: 2, Insightful

      What a shame. She was a great Prime Minister and caused a massive shift in the British economy for the better.

    2. Re:Good riddance by Big+Hairy+Ian · · Score: 4, Insightful

      She basically shut down the UK's manufacturing industry and moved us over to a service industry economy. Pity we're now outsourcing all the services. I remember living under her stiletto boot heels I'll not be dancing in the streets like some will be but I'll not miss her either.

      --

      Build a Man a Fire, and He'll Be Warm for a Day. Set a Man on Fire, and He'll Be Warm for the Rest of His Life.

    3. Re:Good riddance by Anonymous Coward · · Score: 5, Insightful

      She basically shut down the UK's manufacturing industry and moved us over to a service industry economy. Pity we're now outsourcing all the services.

      The UK economy has grown massively since the 1980's, so apparently we're insourcing more than we're outsourcing.

      Manufacturing was dead by the time she arrived, the unions did it to themselves. All she did was pull the plug to put them out of their misery.

    4. Re:Good riddance by sa1lnr · · Score: 4, Insightful

      Bad management didn't have anything to do with it though, did it?

    5. Re:Good riddance by sa1lnr · · Score: 2, Insightful

      So she helped to make the Mr Whippy rubbish that passes for ice cream in this country.

    6. Re:Good riddance by Anonymous Coward · · Score: 5, Insightful

      To the contrary, she was one of the greatest politicians of the XX century. Together with Ronald Reagan and John Paul II she finished Soviet Union without going to war. That is why the Left hates her so much. She has proven how corrupt and dumb are leftist ideas. You sir are one of those usefull idiots that Moscow was using to cover their genocidal political system. Why don't you move to Cuba or North Korea, the last bastions of your belowed ideology ?

      JAM

      North Korea?

      Because anybody except a brainwashed idiot who worships the "Right-wing ideology" would have recognized that North Korea doesn't even pretend to be Communist any more, since giving lip service to it doesn't get them any donations from Russia today. Instead they've adopted a nationalist stance with an aggressive military-first posture.

      But no, don't let that get in the way of your empty rhetoric. You can keep on believing Reagan saved the world from the terror of the Soviet Union, but Reagan was just a patsy buying into the fabricated antagonism that was developed after WW2 when the wealthy industrialists needed something to keep the cash flowing into their coffers.

    7. Re:Good riddance by serviscope_minor · · Score: 3, Insightful

      I like Mr Whippy. It's not like ice cream, but it is a tasty frozen confection in its own right.

      --
      SJW n. One who posts facts.
    8. Re:Good riddance by Anonymous Coward · · Score: 0, Insightful

      Of course not. When people sign bad contracts for mortgages, it's the people's fault never the company's. When companies sign bad contracts for labor, it's the people's fault, never the company's.

    9. Re:Good riddance by DrXym · · Score: 4, Insightful

      Despite what I think of Thatcher for other reasons, she did what previous leaders lacked the balls to do - stand up to the unions and put them in their place.

    10. Re:Good riddance by kraut · · Score: 4, Insightful

      She basically shut down the UK's manufacturing industry and moved us over to a service industry economy. Pity we're now outsourcing all the services. I remember living under her stiletto boot heels I'll not be dancing in the streets like some will be but I'll not miss her either.

      She didn't kill British Industry; the Unions did that.

      She just put it out of its misery.

      --
      no taxation without representation!
    11. Re:Good riddance by fustakrakich · · Score: 2, Insightful

      Yep, she and Saint Ronnie were a matched set... They made vast fortunes for their friends

      --
      “He’s not deformed, he’s just drunk!”
    12. Re:Good riddance by jacekm · · Score: 5, Insightful

      Contrary to you, sir, I lived in a communist country at that time and thank God I don't anymore. Sure it collapsed economically, like all stupid leftist ideas must. Reagan with Tatcher was instrumental to speed it up and avoid military disaster by projecting strength. You probably too young to remeber president Carter. Bumbling idiot who extended suffering of millions under communist rule by his stupid policy of appeasement. The usefull idiot name is not a name that I made up. It is a KGB name for leftist crowd, mainly young dumb students in the Western Europe who was brainwashed by their universities in support of the left ideology. The T shirts with the mass murdered Che Guevarra are example of how stupid the leftist crowd was and still is. The reason they called them idiots, was because they were basically working for Soviet propaganda completely for free. The Moscov is still succesfully using this mechanism currently in western green movements to protect Russian energy sector against western competition.

      JAM

    13. Re:Good riddance by Anonymous Coward · · Score: 3, Insightful

      There is no such thing as an 'investor class'. It only exists in the minds of labour unions and their members. Anyone can invest.

    14. Re:Good riddance by Ginger+Unicorn · · Score: 3, Insightful

      What kind of soulless monster doesn't love Mr Whippy?

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    15. Re:Good riddance by Dan+Dankleton · · Score: 4, Insightful

      No - only people with savings they can afford to risk can invest.

    16. Re:Good riddance by Omestes · · Score: 4, Insightful

      Technically true, but in reality meaningless.

      The amount of investments that most people have is pretty much nothing, barring things like 401ks. Even if I put all of my free money (i.e. money not tagged for necessary things, like food, rent, gas, insurance, etc...) in investments, it would amount to pretty much nothing, especially when we contrast this to people who have millions in various markets. There is a class of people who live off of investments, there is a point when you have enough money to basically make money from having money. Most of us aren't there, and never will be.

      I'm not saying that is a bad thing, or that the GP is right. But there is a point where you have to admit that things are very different for us peons, than for the rich (again, not a value judgement, just a statement of fact).

      --
      A patriot must always be ready to defend his country against his government. -edward abbey
    17. Re:Good riddance by Xest · · Score: 5, Insightful

      This is really the problem you have with judging Thatcher.

      On one hand you have people telling us she's the devil, modding troll and flamebait left and right because she kicked their puppy when they were young or whatever.

      Then on the other you have facts and statistics showing that Labour previous to her actually shut down more mines, that manufacturing actually increased under her, that the economy very clearly improved under her, that British political clout on the world stage massively strengthened under her (which was no mean feat given that since World War II Britain's post-imperial influence had been in free-fall until she came along), and perhaps most importantly, she was elected 3 times which suggests that actually most people did prefer her to the alternative.

      It's kind of hard to reconcile the two, but ultimately the former is subjective, and the latter is objective. I'd much rather put faith in objectivity than subjectivity.

    18. Re:Good riddance by Alex+Belits · · Score: 1, Insightful

      Right-wing nutters do deserve some credit -- they amplified Gorbachev's stupidity and provided charlatan economists to Yeltsin's administration. Not that there is much to be proud of in that.

      --
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    19. Re:Good riddance by ToadProphet · · Score: 4, Insightful

      The UK economy has grown massively since the 1980's

      Not on balance. It's grown like most of the west has - borrowing massive amounts from the private sector to be paid back by future generations.

      --
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    20. Re:Good riddance by Anonymous Coward · · Score: 2, Insightful

      Oh here we go. "Oh well yeah but there aren't any true Scotsmen...er, Communist Countries! Your house of dominoes has collapsed, checkmate!"

      Oh look it's that guy from My Family !

    21. Re:Good riddance by ultranova · · Score: 4, Insightful

      Bad management didn't have anything to do with it though, did it?

      Economics 101: if the economy does badly, it's the fault of unions, while if it does well, it's the merit of execs and investors. Also, an industry can only be succesfull if it gets to share risks but not profits with the employees.

      --

      Forget magic. Any technology distinguishable from divine power is insufficiently advanced.

    22. Re:Good riddance by RabidReindeer · · Score: 5, Insightful

      Having savings or being able to risk them is not dependant on 'class'.

      Only in America is "class" equated with wealth. Class is an indicator of your position - or lack of one - in an aristocratically structured society. Upper-class people are typically wealthier than their lower-class counterparts, but that has more with the fact than before "them that has the gold makes the rules" there was "them that makes the rules gets the gold".

      Wealth, on the other hand is largely measured in terms of disposable income. If every cent you make goes immediately out for necessities, you don't have wealth. And wealth is what determines ones ability to invest, not class.

    23. Re:Good riddance by gallondr00nk · · Score: 3, Insightful

      The UK economy has grown massively since the 1980's, so apparently we're insourcing more than we're outsourcing.

      Economic growth, frankly, doesn't mean shit if the top 10% make all of the money. The 1980's was the start of the economic malaise we face today, where rising household debt ratios countered the stagnation in real wages and the steadily falling share of the wealth held by the bottom 50% of UK workers. This trend was started during the Thatcher years, and is at the point now where 10% of the households own about half of the wealth.

      Manufacturing was dead by the time she arrived, the unions did it to themselves. All she did was pull the plug to put them out of their misery.

      There are still whole cities that have never recovered from the death of manufacturing. Service sector jobs simply don't pay as well, and there aren't as many to go around. I say this a lot, but in an economy that relies primarily on consumerism this is bad fucking news in the long run.

      Still, most that responsibility lies on those in the post Thatcher years. Don't even get me started on the malicious and ignorant buffoons that currently run the country.

    24. Re:Good riddance by makomk · · Score: 4, Insightful

      That's bullshit. All non-union private sector jobs have retirement accounts based on personal investment.

      Their retirement accounts are based on investments, but the account holders have no control over how the fund votes using the shares bought with their money and a large chunk of the profits are siphoned off in the form of management fees. (Naturally, the managers don't share in the losses.) The net effect is that the capitalist class still get most of the benefits from everyone else's "investments".

    25. Re:Good riddance by SolitaryMan · · Score: 4, Insightful

      Well, this is actually true.

      The problem is that "economy wellness" is defined in terms that have nothing to do with well being of 95% of population. They try to drive up totally meaningless numbers (DJIA, S&Ps anyone?). When defined like this, unions *are* driving economy down.

      This shit will continue, unless we convince government to shove GDP, DJIA, S&Ps and other shitty metrics up their collective ass and come up with something that actually makes sense for most people.

      --
      May Peace Prevail On Earth
    26. Re:Good riddance by davydagger · · Score: 3, Insightful

      and in europe, and in every post-feudalist/monarchist society.

      When they talk about class in Europe, they mean class via money.

      In fact it was Europeans who started this term, equating wealthy "capitalists" with with the previous generation of monarchs, and titled nobility. Its used far less in America, because the people at the time did not have royalty and nobility in the very close past.

      You can here alot about "Class Warfare" written by a very (in)famous(depending on your politics), German named Karl Marx, in "Das Kapital", and the "Communist Manefesto", the latter being written in 1848.

      Class mentioned in these books has nothing to do with titled nobolity or royalty, and nothing to do with America.

    27. Re:Good riddance by hairyfeet · · Score: 4, Insightful

      Oh please stop with the bullshit! I'm so fucking tired of the ring winger buttplugs trying to blame unions because "OMG the peasants won't work for a bowl of rice and a beating a day!" and then using them as an excuse to do what you were gonna do anyway because with a few bribes you can treat the third world as disposable people.

      Wanna know why the west is dying? Its simple FREE TRADE IS A LIE, its about as fair as putting your HS football team against the Denver Bronco and then just to make sure they don't score a single point bribing the refs. you go to these third world hellholes and the workers are practically drowning in fucking carcinogens, toxic waste just gets poured into the drain like something out of Victorian England, and if the workers get sick from all the poison they have been exposed to? Well fuck them yellow and brown people, a nigger by any other name right?

      When the whole thing collapses and it will, collapse is inevitable at this point, you and all the other job creators better damned well pull an Arnie and "get to the chopper!" as fast as you fucking can because the peasants WILL kill you, and personally? I won't shed a single tear. Its the greedy fucks at the top that have made nearly 20% of China's farmland so toxic its unfit for even animal consumption, killed millions with their toxic wastes, poisoned everything in their path and for what? So they can hoard a little more money, that's all. I'm sorry but capitalism, like communism and every other ism before it WILL die and when it does there is gonna be a lot of pricks dragged from their comfy beds and lined against the wall. And I'm sorry but honestly? The world will be a better place once they are gone, they are a cancer and need to be removed for the good of all.

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  2. Long ago by tsa · · Score: 5, Insightful

    She reigned long ago but I think Britain is still not over her.

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    -- Cheers!

  3. Ding dong ... by Anonymous Coward · · Score: 2, Insightful

    ... the witch is dead!

    Here richly, with ridiculous display,
            The Politician's corpse was laid away.
            While all of his acquaintance sneered and slanged,
            I wept: for I had longed to see him hanged.

    - Hillaire Belloc (1870-1953)

    And of course, despite the damage she caused both the UK and the world at large, she will be given a state funeral. A funeral where protest and dissent will be not permitted. Where the militarised police (and possibly even the military, c.f. the recent Oxbridge Boat Race) will be used to keep all those who despise the policies she stood for elsewhere.

    And of course, despite the damage she caused both the UK and the world at large, the Labour Party hacks will be out in force with nary a bad word to be said. (That's 'cause "New" Labour is just another party of capitalism, no longer socialism, if it ever was.)

    1. Re:Ding dong ... by Anonymous Coward · · Score: 5, Insightful

      A funeral where protest and dissent will be not permitted.

      Westboro Baptist does it, and they're disgusting, unfeeling monsters who should be eradicated from the face of the earth.

      But a bunch of comfortably upper-middle-class white kids act like entitled cunts at someone's funeral, and they're heroes?

      Fuck your double standard. I'm not a huge fan of Thatcher, and never have been, but I *am* a fan of behaving like a gentleman. And that includes not shitting on the grief of family and friends who've lost a loved one. Go protest at Parliament, you thick cunt - they're the ones making the laws now.

  4. Re:i am eager to see by MickyTheIdiot · · Score: 1, Insightful

    be sad for the family.

    Don't be sad for Thatcher.

  5. GoodBye Maggie by AdmV0rl0n · · Score: 5, Insightful

    I was young when you arrived a PM. This country was on its knees. It was backrupt, dead people were in the streets unburied and weeks of garbage strewn the streets from leftism gone mad. Labour and the Unions were in full wrecking ball mode.

    Yes, you were a bitch, but the medicine we had, and it was not nice, was in the most part - needed.

    You played a part in ending the cold war, in hauling down the wall, and in supporting Solidarity in Poland when you'd normally prefer to drive a stake through any other union's heart.

    And you helped pull a wall down and break up the cold war.

    Rest in Peace.

    --
    We`re all equal .. Just some of us are less equal than others.
    1. Re:GoodBye Maggie by Anonymous Coward · · Score: 1, Insightful

      It was backrupt, dead people were in the streets unburied and weeks of garbage strewn the streets from leftism gone mad.

      [citations needed]

      Labour and the Unions were in full wrecking ball mode.

      What? Again, [citations needed]

  6. Tragic loss by Anonymous Coward · · Score: 5, Insightful

    She rescued Britain. UK was nearly bankrupt before her, a block of the unions were in charge. Three unions would all strike together and UK had electricity blackouts as a result, the Labour party then gave them pay rises (20%) and as each union got a huge raise, so another union would go on strike and demand more than the others. The debt became impossible and the IMF was called in. It was a disaster.

    She came along and made a law that said you couldn't strike without a vote from union members, and no more than 6 people could picket a factory and no secondary picketing.

    Arthur Scargill (mine workers) then held a strike without a vote, the mine workers had their funds seized, and strikers were sacked. It broke union control of the UK. UK still had unions, but the need to have a vote before a strike made them less militant. People wanting to work don't keep going on strike, but the union bosses get paid whether on strike or not, so they're far more militant than the union members.

    Likewise the rent-a-mob shut down of factories ended.

    After that closed shops were abolished (the rule that said to work at the company you had to be a member of union Z), and Britain really turned around. You no longer had to be a union member to work, you could vote for whether to strike, and blackouts and power cuts ended.

    She was so successful, that she because a sort of hate figure for the left. Ineffective leaders (like John Major) are easily dismissed, not so the good ones. She was hard, and luckily came along at a time when that was needed.

    Goodbye Mrs Thatcher.

    1. Re:Tragic loss by drinkypoo · · Score: 3, Insightful

      It took me some years to grow up and realise in hindsight what the unions were about, how they really worked, but eventually I did. The people at the top of unions are no different from people like Rupert Murdoch - they don't care about you or I, they don't care about the workers, about increase their wages, they want one thing and one thing only - they want power to influence policy their way.

      Amen to that. Face any direction in the USA and you'll be able to see examples of unions causing harm. Education unions protect massive executive salaries and ensure that our children are being educated (and their educational resources maintained and implemented) by the laziest available employee. The bigger the school, the more egregious the abuse of public funding. Short-timers' syndrome has transitioned from periodic illness to full-blown epidemic. One IT worker I knew at a community college had a countdown clock to his retirement on his desktop and screen saver for over two years and I saw that clock at least as much as anything else while he was sitting there. I was hired while a student there to do the work of another on contract because he couldn't be arsed to read the documentation. He'd have been gone already (his retirement had come up) but he bought a second Harley so he decided to keep his job another year to pay for it. I almost said "keep working" but HAHAHAHA.

      The plural of anecdote is not data, but it doesn't take many stories like these before they add up to a whole lot of wasted dollars.

      --
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  7. Good and greedy. by Anonymous Coward · · Score: 5, Insightful

    So others get the blame for the public being shortsighted and greedy and selling their shares?

    1. Re:Good and greedy. by Inda · · Score: 4, Insightful

      The majority of us (my mother and father at the time) did not have £400. It was the rich making the rich richer.

      She was a fucking wanker.

      --
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    2. Re:Good and greedy. by Patch86 · · Score: 5, Insightful

      If you put a small toddler in a playpen with a kilo sack of sugar, the child eats all the sugar, and subsequently gets very ill with diabetes, who's to blame? Yes, the child is to blame. But nowhere near as much to blame as the atrociously negligent adult who set the situation up.

      If you give every single working class person in Britain (or anywhere) a piece of paper with "IOU £1000" written on it, and you tell them they can either have £1000 to pay their debts right at this exact moment or they can sit on it and it MIGHT, MAYBE be worth more in 5 years (or it could be worth far less), what do you think they're going to do?

      It was not a scheme that was ever destined to "open share ownership up tot he masses". It was a vote-buying cash give away resulting in most of our major national infrastructure being owned by foreign companies. Indeed, much of UK's infrastructure is now owned by foreign governments- energy companies like the French state-owned EDF and German RWE (Npower), or in transport the German Deutsche Bahn (Arriva), Dutch NS (Abellio). Progress!

  8. Winter of Discontent by mangu · · Score: 4, Insightful

    She was a terrible Prime Minister and caused untold suffering and misery.

    The British people who elected her obviously disagree with you.

    She was elected after the policies of the Labour party dumped the country in the worst economic crisis in UK history

    Labour had policies based upon raising the income tax without any regard for cutting government expenses. They claimed government spending and inflation are good for the economy. Sound familiar?

  9. No vote no strike by Anonymous Coward · · Score: 5, Insightful

    "Ever since she shut down the unions,"

    All Scargill had to do was have a strike vote. She didn't shut down the union, she made the union bosses answerable to their members, and gave people a choice if they wanted to be a union member.

    "CEO's wages have increased dramatically more than the median wage"
    No doubt, but then she hasn't been in power since 1990 and most of that is post 1995. The unions, as I said, weren't shut down. They're still around and chose Ed Miliband as the leader of the Labour party. Despite the party members voting for his brother. If you think the unions are the fix for things, why not vote for Ed. His party didn't.

    "No longer were employees empowered to demand a reasonable share of the profits of their endeavours"
    Britain was bankrupt, what are these 'profits' you refer to? At one point they couldn't even pay the nurses their wages.
    Nurses union wasn't as powerful as the miners+electricity workers unions.

  10. Re:I still hate her as much today as I did yesterd by khallow · · Score: 4, Insightful

    She started us on the "no such thing as society" route

    The full quote is:

    I think we have gone through a period when too many children and people have been given to understand "I have a problem, it is the Government's job to cope with it!" or "I have a problem, I will go and get a grant to cope with it!" "I am homeless, the Government must house me!" and so they are casting their problems on society and who is society? There is no such thing! There are individual men and women and there are families and no government can do anything except through people and people look to themselves first. It is our duty to look after ourselves and then also to help look after our neighbour and life is a reciprocal business and people have got the entitlements too much in mind without the obligations, because there is no such thing as an entitlement unless someone has first met an obligation and it is, I think, one of the tragedies in which many of the benefits we give, which were meant to reassure people that if they were sick or ill there was a safety net and there was help, that many of the benefits which were meant to help people who were unfortunate -- "It is all right. We joined together and we have these insurance schemes to look after it". That was the objective, but somehow there are some people who have been manipulating the system and so some of those help and benefits that were meant to say to people: "All right, if you cannot get a job, you shall have a basic standard of living!" but when people come and say: "But what is the point of working? I can get as much on the dole!" You say: "Look" It is not from the dole. It is your neighbour who is supplying it and if you can earn your own living then really you have a duty to do it and you will feel very much better!"

    Sounds a lot better when you understand the context. The things we demand or take from "society" are actually demanded or taken from our fellow man. As to the "some people will never get a job" quote, you have three of the five googled instances of the quote, all from the same copy/pasted comment that you gave above.

    Then you move on to:

    The thing I hate her most for is usurping the prayer of St Francis of Assisi. I cannot her it now without thinking about how she did the exact opposite of every single statement - it brings thoughts of selfish greed, self importance and hypocrisy instead of peace and humility now.

    That indicates your problem. You could have chosen to view the prayer and her works in the better light they deserve. You have poisoned your worldview for at least three decades.

    Another was changing the law and backdating it when she tried to take money earmarked for London transport, despite the judge saying it was not only legally but morally wrong,

    End the Cold War? Reverse the economic decline of the UK? Not worth mentioning. But mess with your pet public transportation scheme, and you'll be bitter till the end of time.

  11. Re: A sad day by gadget+junkie · · Score: 3, Insightful

    In other words she ushered in the era of zero accountability for the rich and corporations.

    Sounds like she is partial author of the current turmoil.

    Just for the sake of argument, and because I am decidedly grumpy these days, I'll let you search for the privatization prospectus for the water companies. Go check the limits . It was a painstakingly difficult formula built to ensure that companies would not increase prices if they could not account for them in investment in the water network and quality, and all capped at consumer price inflation minus 2%. The prospectus was big as a moderate size telephone book. the water authority had limited power, in that a company better managed would earn more, but that power was enough. To top it off, in the initial public offering the general public, and especially customers, got a fantastically good deal. Not only they had priority up to 2.000 shares each, but they were partly paid, i.e. in the first year they had a full dividend on half the capital.
    So, sorry to shake your comfortable beliefs, but no, it was not dear old Maggie who "ushered in the era of zero accountability for the rich and corporations". for these you had to wait for the same Brussels Burocracy she railed against to no avail.

    --
    "If a boss demands loyalty, give him integrity. But if he demands integrity, give him loyalty." (John Boyd, 1927-1997)
  12. Re:Britain voter her into power by Anonymous Coward · · Score: 3, Insightful

    Exactly. Britain would have been in the exact same position Greece has been for the last few years in the 1980s had they had another Labour government instead of Thatcher's.

  13. Re:Awesome prime minister by MrL0G1C · · Score: 3, Insightful

    whether she goes to heaven or hell. She'll

    ...
    Bitch would privatise both of them.

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    Polltax

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