Margaret Thatcher Was Very Right!
“60 Minutes” had an interview with Meryl Streep who has a movie coming out soon in which she plays Margaret Thatcher. Streep says she respects the woman and her strength, but does not support her conservative policies.
Mish Shedlock has a video today of Margaret Thatcher speaking before Parliament and in one stretch oipines on the ECB. She says,
“…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 central bank is no democracy, taking powers away from every single Parliament, and having a single currency, a monetary policy and interest rates which take all political power away from us.
As my right hon. Friend the Member for Blaby (Mr. Lawson ) said in his first speech after the proposal for a single currency was made, a single currency is about the politics of Europe, it is about a federal Europe by the back door.”
Churchill warned Parliament about the coming war and Thatcher is clearly right about the ECB and loss of soverign freedom.
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