came back from reyjavik, i was practically summoned to the british ambassador's residence by margaret thatcher who said to me, george, how could you sit there and allow the president to agree to eliminate nuclear weapons. i said but margaret he's the president. >> ifill: that's all ahead on tonight's newshour. >> major funding for the pbs newshour has been provided by >> this is the engine that connects abundant grain from the american heartland to aaron's best-selling whole wheat while keeping 60 billion pounds of carbon out of the atmosphere each year. bsnf the engine that connects us. >> chevron, this is the power of human energy. >> and by the alfred p. sloan foundation, supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions and foundations. and this program was made possible by the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. >> woodruff: the obama administration today issued a new and revised ban on off shore drilling.

margaret thatcher it is there is no alternative. of course that's absurd. there was an alternative. we have to connect the dots to understand what is going on today. i read the chronicle. so what i've done is put together a montage of the murder of public sector, which is going on everyday. in fact all of the public sector is in body shape. public libraries, parks from the municipal to the national level. our character is among the worst in the world. the new deal deals with things in a different way. when i was going to school, california school's were the best. now they are among the worst with the new budget cuts. of course, my university is being privatized. all of the higher education is being privatized. all through the uc system. how do you run a modern state with tax cuts? we resort to desperate, back last november, we were asked to vote to make four indian casinos in san diego county pony up money. i thought this was a joke. they voted to do it. now, the governor proposes to borrow against future revenues. how did they deal with these social problems when the economic probl

i think few conservatives in this country know that margaret thatcher, who they all revere, was so absolutely skating about the invasion of iraq. what do conservatives over there really think of our conservative? do they have a sort of contempt? conservatives in this country have become so primitive. i think they should be smirking at so half -- by how so far right we have gone. guest: i think it is certainly true that we do not really have a significant equivalent in british conservatism of the tea party movement and that kind of libertarian, grass roots movement, which appears to be growing in popularity and which spearheaded figures like sarah palin. there is a lot of curiosity. but of course, there was a lot of curiosity in the 1980's about ronald reagan, and seem to be an alien american type of politician coming out of hollywood, and yet, we saw through the 1980's that close partnership developing between margaret thatcher and ronald reagan. in the process, british conservatives became more ideological along the american lines. now, a generation on, we are probably seen a swing away from

mcmorris rodgers: margaret thatcher once said, the problem with socialism is you run out of people's money. it's true and we see it in europe, greece and others in the european union have spent their way into bankruptcy and unfortunately we're following in the same path. they're requesting $300 billion from the i.m.f. while most people in america don't realize is america is the largest contributor to the i.m.f. we're literally underwriting a european bailout. i wrote a resolution calling for an up or down vote by congress on this proposal and i posted my idea on america speaking out. right now any citizen can go to america speaking out to discuss and vote this idea. i encourage them to vote yes and to spread the word to others. let's keep the momentum going. the speaker pro tempore: the gentlelady yields back the balance of her time. for what purpose does the gentlelady from illinois rise? >> to address the house for one minute. the speaker pro tempore: without objection. ms. schakowsky: 3.4 million retirees, 4.2 million children rely on medicare. its benefits are modest. the average

former prime minister of england, margaret thatcher, one time said the problem with socialism is, eventually you run out of other people's money. that's exactly what happens. you had a chart up there about the taxes, you had it up there, cap and tax, i want to quote president obama about a couple of things about that so-called cap and trade bill we passed here in the ,000 senate has been dealing with that as you said, mr. akin, it's not about the environment. the president himself said that he needed that for revenue. rev mue to pay for obamacare. that's not a direct quote of the president. but that's what he said he said he needed the revenue from the environmental tax, which was really an energy tax, tax on all the energy, gasoline, electricity, everything, he needed the revenue so that he could pay for his medical program, socialized medicine that we forced through here in congress. i'll call it tax and trade, not cap and trade, you could call it tax and tax, any of those. the president said very clearly, and i can quote him on, he said that this energy tax would, quote, necessarily skyro