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Thatcher's Last Stand Against Socialism: Humorous Video on the Euro, European Politics

Crisis Watch Publié le 21 décembre 2011
779 mots - Temps de lecture : 1 - 3 minutes
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Global Economic Analysis

Please consider this humorous video of Margaret Thatcher's last House of Commons Speech on November 22, 1990. What Thatcher said then about the Euro, European politics, socialism and wealth creation makes as much sense today as it did then, when she made fools of the opposition in Parliament to much laughter from the conservatives. Here is a link if the video does not play: Thatcher's Last Stand Against Socialism The video is quite funny, please play it. The complete Transcript of Thatcher's Last Stand is well worth a read as well. Here are some pertinent snips on Eurozone, not all of which is in the above video. Mr. Alan Beith (Berwick-upon-Tweed) Will the Prime Minister tell us whether she intends to continue her personal fight against a single currency and an independent central bank when she leaves office? Mr. Dennis Skinner (Bolsover) No. She is going to be the [central bank] governor. [Laughter.] The Prime Minister What a good idea. I had not thought of that. But if I were, there would be no European central bank accountable to no one, least of all national Parliaments. The point of that kind of Europe with a ce...
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