where is margaret thatcher and ronald reagan. you know, margaret thatcher said the problem with socialism, you run out of aother people's cash. you need a strong leader and i don't see it on the horizon. on thursday, and that may influence the german legislatures to vote -- >> nobody is telling the truth to the british people. if you look at what the independent think tanks are saying maybe 10, 15% of the austerity has been detailed and whoever wins on thursday, actually, arguably, doesn't have a mandate to follow through. >> you could argue the same thing right here in the united states. that we should be implementing some kind of austerity program. >> think they are sending a message, i agree with you it's a vague message, but there have to be cutbacks in spending. >> provided they're elected, larry. the people of europe repeatedly say no. >> listen, if the people of europe vote against the bailout package, let's take germany. i can't blame them. i can't blame them. and i think that's a key factor. my point is -- >> one of the

. >> charlie: does this mean that margaret thatcher was right all along?well, my view -- this is difficult -- margaret thatcher was right about a lot of things. i always regarded -- and i wrote about this more than 20 years ago -- the euro as a very risky project because it involves merging something so central to a country. when i thought it would just be a limited euro including the countries i listed, i thought that would work perfectly well, right on german lines -- but once you include italy, spain, portugal, greece -- or, god help us, the british -- you've got a project in which you're yoking together an elephant and a camel and a lion, and they don't really fit together. >> charlie: no, they don't. >> and when things go wrong, they don't trust each other, and that's a large part of what's happened. in the end, the way the german people have reacted to this shows the euro-zone is not a country. it doesn't feel like a country. it doesn't respond like a country. it responds like different countries. and their response is "let these people drown." that

i say at the moment because margaret thatcher achieved a 5.3% swing. at the moment with a few seats left it's a 5.2% swing. in 1979, what happened is the conservatives went up 8 points and labour went down a little. this time the tory has gone up 4 points and labour has gone down a lot. it's not strictly true to say this is a bigger swing than margaret thatcher swing. >> you see the math has arranged itself in every little vertebra in each constituency. >> on the mechanics of this, are you cool about the way it's being conducted or do you think it's going to become hysterical? >> no i think we should be a bit more relaxed to us but this happens in every european election. you have to have a negotiation about who forms negotiation and maybe we've become a bit more european. maybe we'll have this in the future as well. where you'll have parties having to trade off between each other. >> but there is quite a fetish with keeping party unity in this country. if you have a proportion representation system, you have more parties and it's easier to move around

and, of course, reagan was right about what a magnificent prime minister margaret thatcher was and i admire the fact that mrs. thatcher never set out to be a woman prime minister, just a prime minister and one of the greatest ever to have served perhaps because she was a woman of action. thatcher liked to say in politics, you want something said, ask a man. you want something done, ask a woman. that was her quote. so, folks, i 2010 we'll remember this year because we're going to accomplish a lot together this year. this year will be remembered as a year when commonsense conservative women get things done forur country. [ applause ] all across this country women are standing up and speaking out for commonsense solutions and many of them are grassots activists leading like the tea party movement which i'm excited about because it's a beautiful movement. it's a movement of the people. these women are getting involved because they want a better future for their kids. pore all of our kids and these policies coming out of d.c. right now, this fundamental transformation of america that we we

. >> asset privatization, that's what margaret thatcher said. it can work in greece.entlemen, thank you. lou dobbs will hang out with me. we have so much more work to do. by the way, asian markets, i have to say i get a little check here. just about flat. the kospi down slightly. nikkei is up 1.2% according to that news alert. so maybe the worst is over. coming up, we are going to give you an update on the times square bomb plot. i say being safe from terror is a huge tax cut. god bless ray kelly and the new york police department and the fbi, they have nailed this guy. we're also i think going to give you an update on the gulf oil spill. you're watching a special edition of the kudlow oig report. we'll dig into the u.s. economy. is the dollar going to remain strong and will we ever hear from the federal reserve and will they keep handing out free mother? i'm cuddly. we'll be right back. >> i believe free market capitalism is the best path to prosperity. >>> breaking news. an arrest was made late last night in conjunction with the failed times square terror attack. jo

or was margaret thatcher close are to the truth when she said, there's no such thing as society. which is it? we go down the line. again and again there seems to be a fundamental dilemma in conservative thoughts. in some respects it's a divide between the classical liberal version of conservativism and the orlando conservativism of aristotle and the natural law order. it's a real powerful dilemma that conservativism faced. and ultimately what is a dilemma for the conservative really is this. is conservativism about conserving a basic social order? such that tradition in some sense as burke thought, preserves that connection with nature? this is really central to burke's idea, the idea that by committing tradition to sort of evolve organically, we maintain connection with the natural order? is that really what it's about? or is conservativism something like the more modern conservative -- again, the late samuel huntington, who wrote an article in his career about 50 years ago where he said, conservativism isn't an ideology at all. we don't believe in anything really. it's not like

anthony list and its great women candidates are going to prove margaret thatcher right. if you want something done, ask a woman. we're getting the job done, sisters, one life, one activist, one election, one vote, one american dream at a time so thank you, keep up the good  work. god bless you. god bless the united states of america. thank you, guys. thank you, guys. >> every weekend, the book tv features 48 hours of a non- fiction books. this weekend, the former cia officer talks about life in the agency before and after 9/11. he is interviewed by a former inspector general. find the entire weekend schedule at booktv.org. >> in the relentless revolution, the professor describes why capitalism as a cultural system, not just an economic one. >> britain's new foreign minister, william head, is in washington and its first overseas trip. he met with hillary clinton at the state department on friday. the two of them held this joint press conference. this is 25 minutes. >> i was pleased to host him when he was in his shadows stage some months ago. this is not the first time

pictures of former prime minister margaret thatcher in the local conservative party offices are a reminders ago, and mike freer is battling on the doorstep. >> can we count on your support on thursday? my view is that i think we'll win with a majority, not only from what i see here-- a substantial swing to us-- but also, i speak to my colleagues who are fighting seats in the midlands and in north of manchester, and they're finding the same response on the doorsteps. that they are expecting to win with a comfortable majority. so i think david will pull it off. >> reporter: if that prediction is right, if david cameron does find himself moving into number ten downing street on friday morning, he may have this 65- year-old grandmother to thank. ten days ago, gillian duffy went shopping for a loaf of bread in the northern english town of rochdale. there, she encountered prime minister gordon brown campaigning for votes, and disillusioned with the performance of his governing labour party, she decided to give him a piece of her mind. >> didn't say anything about the immigrants because they say

and the better result than margaret thatcher achieved when she came to power. and the liberal democrats did just about as well as they did last time. what is fair to say is that the conservative party would have hoped really to have swept the board on a great wave of national enthusiasm for a right of center alternative to gordon brown and they didn't do that. the electorate have shown that they don't care for gordon brown. they've shown that they are not entirely persuaded by the kind of doe-eyed chat up lines of the center party candidate nick chraing, the leader of the liberal democrats but they are still a little cool about david cameron and he's got, i think, some important battles to win in wing the confidence of the electorate. but there's no question he is by far, he leads by far the largest party in the house of commons now. no question but that he should be prime minister and given the chance to try. >> martin walker, follow up on that but let's get into also the horse trading. david cameron and nick clague have talked today, we're told. what are came

and, of course, reagan was right about what a magnificent prime minister margaret thatcher was and i re the fact that mrs. thatcher never set out to be a woman prime minister, just a prime minister and one of the greatest ever to have served perhaps because she was a woman of action. thatcher liked to say in politics, you want something id, ask a man. you want something done, ask a woman. that was her quote. so, folks, in 2010 we'll remember this year because we're going to accomplish a lot together this year. this year will be remembered a a year when commonsense conservative women get things done for our country. [ applause ] all across this country women are standing up and speaking out for commonsense solutions and many of them are grassroots activists leading like the tea party movement which i'm excited about because it's a beautiful movement. it's a movement of the people. these women are getting involved because ty want a better futu for their kids. pore all of our kids and these policies coming out of d. right now, this fundamental transformation of america that we were warne

margaret thatcher's figures were 33 and 34. they claim the legitimacies. >> he got the same share of the votes. >> which he lost. >> all three parties have reasons to be disappointed with this elections. >> none of them got the sort of result they would have wanted. the liberal democrats have not made a breakthrough. in the side the conservatives may not have secured an overall majority. >> here is the results from waverly, -- waveney a 6.8% from labor to conservatives. >> that is the 117th seed, the ones of the conservatives need for the overall majority. they have not won a lot of seats. it should have been easy. on my list, 170. >> it is at the same as our list. but rejoined jeremy. >> i have with me now the transport minister in the last government. i suppose as a formal you are you are involved. >> he cannot be sure. the british people have decided not to give the majority to any party. that being the case, we have a duty to engage in a way that does produce a strong and principal of government. we will be in discussion wi

now 1979, margaret thatcher showed the way for ronald reagan in 1980.s third-party candidate cleeg show the way? >> no, in that sense it's exciting because it would be interesting to have the same thing happen here. the trouble with cleeg, he's a great tv performer but he doesn't have any preparation in any sense to government in any way. i think it would be a panic-stricken cleeg, he would find himself with a clear majority. it's great to be the fresh face in the wings but to way he could do it. the interesting thing for the brits is they are this constant push and pull between wanting change and this iconic punk-like strand. on the other strand he's very conservative. they'll make this lunch for cameron in the end, i think. >> cameron is no margaret thatcher. we're not going to see dramatic containing, are we? he's sort of warmed over labor. >> cameron is so desperately trying to say he's not upper class that he had to go against type. what none of them can talk about which is immigration, which is the real thing britons care about, bigot-gate, when b

prime minister winston churchill, or in the days of president ronald reagan and prime minister margaret thatcher. i am indeed concerned that some members in each of the three major british political parties have asserted a need to re-evaluate our special relationship, citing their perception that the united states has already begun to back away from its close relationship toward the united kingdom. i believe, however, mr. speaker, that the special nature of our relationship is not solely dependent on the level of camaraderie between our political leaders at any given time. it is, instead, based on the bedrock ideals of democracy, of economic liberty, and respect for the rule of law that we both share. as with all close allies, it is incumbent upon both parties to continually work to improve and to strengthen the relationship. i think that there is something of substance in our two countries irelationship, something based on those shared principles and cultural connections that endures. with passage of this resolution, mr. speaker, the house of representatives will send a strong message of our co

and to remind you how proud you can be of the result of a bigger increase in seats that even margaret thatcher achieved in 1979. the worst loss of seats that any general election and a share of the vote far off what -- however much pride we can take and that enormous advance, we have to accept that we fell short of an overall majority. as i said last night, britain needs strong, stable, decisive -- strong, stable, the size of government. and we need to get that on a secured basis. we are at war in afghanistan with troops putting their lives at risk for us every day. we are facing a financial and economic situation of great seriousness as a result of our dangerous debts and our deficit. we need a government that reassures the international markets. we need policy that bring economic recovery. we need a government that understands that great changes needed in order to restore faith in our political system. britain voted for change yesterday, but it also voted for new policies. it did not vote for bickering, and grandstanding. they are too urgent for that. we must all rise to this occasion, we mu

to remind you how proud you can be of the result, the bigger increase in its seeds than even margaret thatcherachieved in 1979. the worst loss for seats in labor than in any general election since 1931 and a share of the vote not ofar off from 1983. however much pride we can take an enormous advance, we have to accept that we fell short on an overall majority. as i said last night, britain need strong, stable, decisive government, and it is in the national interest that we get that on a secure basis. we are at war in afghanistan with our troops putting their lives at risk for us every day. we are facing a financial and economic situation of great seriousness as a result of our dangerous debt and our deficit. we need a government that reassures the international markets. we need policies that will bring economic recovery. and we need a government that understands the great changes needed in order to restore faith in our political system. britain voted for change yesterday, but it also voted on a new politics. it did not vote for party political bickering, grandstanding, and posturing. our count

want to remind you how proud you can be of the results of a bigger increase in seats that even margaret thatcher achieved. a share of the vote in 1983. the mother how much pride we can take in that enormous advance, we have to accept that we fell short of an overall majority. as i said last night, britain needs strong, stable, the size of government. it is in our national interest that we get that on a secured basis. we are at war in afghanistan, with our troops putting their lives at risk for us every day. we are facing a financial and economic situation with great seriousness as a result of our dangerous debt and deficit. we need a government did reassures the national market. economic recovery. we need a government that understands great change is needed to restore great faith in our political system. britain voted for change yesterday. but also voted for a new politics. our country's issues are too serious for grandstanding. we must show leadership. we must do that as quickly as possible for the good of the country. nick clegg has said that the conservative party won the most votes and seat

david cameron probably sees margaret thatcher as his model in this respect.o very unpopular things, and she was very unpopular. however, the conservatives were in office for 18 years. there was a sense that the time had come to have firm leadership and to get on with the problems. >> obviously they are professional politicians. is there a good option here for the liberal democrats? >> i think there is. particularly because they did not do so well in the general election. they have been hanging around for 30 or 40 years hoping that a general election would coincide with one of their surges. they had a surge in this general election, and unfortunately, it did not work. the have the opportunity of entering into this government with the number of positions and a big influence on policy. i think you have to say that if the liberal democrats did not take the opportunity to be in government, what would be their future? what's more than anybody else, they need but others to'p'& comd cooperate. it is enticing that they would have positions in the cabinet. i am happy t

and, of course, reagan was right about what a magnificent prime minier margaret thatcher was and i admire the fact that mrs. thatcher never set out to be a woman prime minister, just a prime minister and one of the greatest ever to have served perhaps because she was a woman of action. thatcheriked to say in politics, you wantomhing said, ask a man. you want somethingone, ask a woman. that was her quote. so, folks, in 2010 we'll remember this year because we're going to accomplish a lot together this year. this year will be remembered as a year when commonsense consertive women get things done forur country. [ applause ] all across this country women are standing up and speaking out for commonsense solutions and many of them are grassroots activists leading like the tea party movement which i'm excited about because it's a beautiful movement. it's a movement of the people. ese women are getting involved because they want a better future for their kids. pore all of our kids and these policies coming out of d.c. right now, this fundamental transformation of arica that we were warned about i