was no longer viable by by by the by the notions of reagan and thatcher basically. would it not be more correct to say that it was because there was so many people who wanted to be included in it was breaking the back of the deal would it not be more accurate to say that it was that the deal was no longer viable if there was still to be a and we were rich class. well yes exactly i'm not saying it is a myth about all the horror that they would have had to change the economic system and in fact not only did they have new british consul they had nuclear response which seemed to want more and more of a share of the pie which in fact since reagan and thatcher they'd been getting the division of wealth has been dramatic as specially in america the impact has been. a massive lowering cost mobility people don't seem to realise that we're no longer nearly as much land of opportunity as we used to be places like sweden actually have much higher possibility that we were in fact among the thirty four of the cd countries i think we're either at the bottom or the next to the bott

repay the debts that were taken on the part of all how do you get their message to you ok matt thatcherism on the mediterranean i think we all would agree with that here but i don't know what the time frame would be a decade two decades but you would have the same you would have this no i mean no you would have it's very slow you'd have you would have a slippery slope right there you would have ok find over the next twenty years you're going to help us clean up our debt our infrastructure issues can you change their cultural attitudes i mean i agree with that it gives the time has a time frame for the mediterranean countries to get their act together but. should someone be paying for that uni i mean it is kind of fast or you can say ok you need the greek economy structural reform of course any structural for me one can see that that's been true for a long time it was a one increase and see if you can you can do it at a time when you have an economy contract six or seven percent a year is just across what i mean i you know i grew up i grew up in the u.k. when we had real factories and neede

was contracting a bit on the whole the economy was expanding quite fast i think you really had thatcherism under tony blair we are you know we can't be carried out of if we still have a. party kind of white but my point is you can have factories and you can have that kind of structural for women in the economy was shrinking at six six percent seven percent yeah i just i just think it's impossible it's too but it's too much to ask of a population you can have it a part of it you could have an economy that's growing trees through three percent a year is still a big ask it's tough for people people lose their jobs people have to change the kind of work the better way industries have to change it's very it's very difficult it's easy to sit around a t.v. studio and say you have structural form is actually hard on the ground but to have it in that kind of intense contraction it's just because it's not going to let these point is a good one though again about virgin development but the problem is that unlike england you can't have all of east and southern europe turn into an offshore financial zo

. >> both ronald reagan and margaret thatcher contributed mightily to restoring the economic greatnessthe nation. we're in a similar time period and we need to have strong, volleyball leadership to see that return today. both with military and our economy, they're both tremendous examples. >> the iron lady, margaret thatcher. who knew that bachmann was getting at something much larger when she described her own titanium spine in an interview a couple of weeks ago. >>> next up, the struggle to be first in line does not end in elementary school. arizona governor jan brewer is considering moving up her state's primary to the end of january. stepping on the sensitive toes of traditional early states like iowa, new hampshire and south carolina, which guard their early positions like the family jewels. well let the race begin. what did south carolina gop chairman have to say about brewer's intentions? i don't care what date they pick, we're going to jump 'em. we're going to be the first in the south. one group that dreads this game of leapfrog, the media. the reporters would prefer not to sp

thatcher some of the time. she was a real leader, willing to make tough decisions. >> thank you. >> thank you, mr. chairman. >> thank you. we're going to under go a second round of questioning by mr. cummings and senator mint. >> what are our deficits being driven by slow economic growth and what impact would more robust economic growth have on the ability to rain in the debt, and the proposals presented by the president, i just wanted to know your opinion of those might be, and do you feel that they would be helpful as some have, many economists projected? >> well, i think there's absolutely no question that the main driving force behind the run up in the budget deficit is the economic slum. i mean, somebody else referred to lower tax revenues, higher unemployment insurance. i mean, it's a strong economic clarity that deficits go up in recessions. . stimulus program added to the debt, but it was secondary compared to the recession, and absolutely f we can find a way to restore robust growth, that's the best po

ruthless industrialists humanized, in the 20th century it was the trade union leaders tamed by lady thatcher. today the almighty subject is the bankers. >> here, here. >> in the united states, the federal authorities are prosecuting a wide swath of the top banks. when is that going to happen here? >> well, first of all, the right honorable gentleman obviously had a much better education that is apparent -- it's very good to hear him say something positive about margaret thatcher. i think the serious point the right honorable gentleman is making we do need to cede responsibility from our bankers. i support of what vickers said in terms of reforms that we need. if people break the law, no matter where they come from or who they are, they should face the consequences and be punished. >> thank you, mr. speaker. what does the prime minister think of local authorities encouraging developers to put applications not on greenbelt but on greenfield sides in order to use the new homes bonus to balance their budgets? >> well, i have the completely original and shocking views that they should be for loca

ruthless industrialists humanized, in the 20th century it was the trade union leaders tamed by lady thatcher. today the almighty subject is the bankers. >> here, here. >> in the united states, the federal authorities are prosecuting a wide swath of the top banks. when is that going to happen here? >> well, first of all, the right honorable gentleman obviously had a much better education that is apparent -- it's very good to hear him say something positive about margaret thatcher. i think the serious point the right honorable gentleman is making we do need to cede responsibility from our bankers. i support of what vickers said in terms of reforms that we need. if people break the law, no matter where they come from or who they are, they should face the consequences and be punished. >> thank you, mr. speaker. what does the prime minister think of local authorities encouraging developers to put applications not on greenbelt but on greenfield sides in order to use the new homes bonus to balance their budgets? >> well, i have the completely original and shocking views that they should be for loca

the social democrats whether it's in germany or in any other european union country operate under thatcher's maxim that there is no alternative they're not acting as social democrats and they're not imagining any different policies moreover when the public actually does begin to engage these issues they're charged with acting in populist ways and they're just absolutely dismissed the level of arrogance by policymakers in this particular issue is extreme and it's not even permitting any kind of meaningful debate to take place the discourse that very well when you think about it this is exactly the problem. in one hundred years ago nobody could imagine that the social democratic and the labor party are now to the right of the conservatives the left wing is now the right wing it's the left wing parties that have led the fight for privatization and to turn over power to the banks and. they've somehow been taken over by the banking sector is in their socialist the name only we have to call them faction in america if i can just interject with one more follow point what it's resulted in both in the

maggie thatcher was ray. this was a nation formed an idea that all people are created equal in the eyes of each other. how dare he accept the notion that everyone was a speech. no one ever said that before. now, it doesn't mean you do it with a tank. it doesn't mean, you know, will give them freedom whether they wanted or not. you can argue that. but this american dream on this american world does that mean white people, anglo-saxon people, christians, jewish or given credit. and the character question, i didn't find. i didn't get a sense of great intellectual curiosity, which i got when i look at kennedy, when you look at rick and. i'm sure he reads its closest literacy. i don't get a sense that this president would get up in the middle of the night and start asking questions and reading the telegrams themselves. and must be something we can do to go out. or he has his own spice to see mcclellan, like why isn't this army moving? i think bush -- i inclined to say he had this all suppression of reagan because

thatcher, it does sound to me as if you were approving of victorian values," to which mrs. thatcher said, "but of course. exactly. those were the values that helped make our country great." then she subsequently went on and she picked up this expression "victorian values." it was used throughout the campaign and in later campaigns. i discovered one occasion when, in fact, she used the expression not "victorian values" but "victorian virtues," but it was reported in the press as victorian values. that's the way we now understand, and she herself later picked up that expression. c-span: listed here are the cardinal virtues: wisdom, justice, temperance, courage. which one of those is your favorite? >> guest: well, it's awfully tempting, of course, to say wisdom. isn't that what we all want? i think from a social point of view, from a public point of view, the most important of those is probably temperance, moderation, and that of course is what the greeks emphasized, and i think that's a virtue that is singularly lacking in our time. i think if you ask me what one virtue, what

i do give him credit for saying margaret thatcher was right.his was a nation formed on an idea all people were created equal and how dare we accept the notion that everyone but muslims -- that was his speech. no one ever said that before. it doesn't mean you do it with a tank. doesn't mean we will give them freedom whether they wanted or not. that needed to be said. this american dream and american life of the world doesn't mean white people and anglo-saxon people and christians and jews. i give him credit for that. on the character question, back to that. i may be wrong and i will do a new edition of the president will talk to me. i didn't get great intellectual curiosity which i got when i looked at kennedy and reagan. i am sure he reads. one of his quotes is literacy. i don't think this president would get up in the night and ask questions like lincoln did and go reading the telegrams himself from the field. there must be something we can do and that the sentinel and talk to general grant or have his own spies, why isn't this army moving? he

speaking to a veteran's group she's vocced british conservative leader margaret thatcher. picking up a lot of history along the way traveling with the bachmann campaign. >> the minnesota congresswoman certainly has a pension for the past. the tea party loves to trumpet itself as the real cure raters of american history, their tri corner hats, flags, their very name evokes america's proud past. it's a sentiment not lost on congresswoman michele bachmann. >> it's amazetion how quickly an empire can fall. >> reporter: she weaves enough history in her speeches to -- >> there she was last weekend uses a world war ii anecdote to talk about a battle over today's debt. >> britain had to keep paying off their bills until december of 2006. >> reporter: it's having the effect she wants even if some of her facts have raised eyebrows, like in new hampshire when she brought up the shock that started the revolutionary war. >> you're the state where the shot was heard around the world at lexington and concord. >> reporter: you don't have to be a history teacher to know that lexington and

they're both tremendous examples. >> the iron lady, margaret thatcher.nn was getting at something much larger when she described her own titanium spine as part of an interview a couple weeks ago? next up, the struggle to be first in line does not end in elementary school. arizona governor jan brewer is considering moving up her state's primary to the end ever january stepping on the sensitive toes of traditional early voting states, like iowa, ne carolina, which ard their early positions like the family jewels. well, let the race begin. what can south carolina gop chairman have to say about brewer's intentions? i don't care what date they pick. we're going to jump them. we're going to be the first in the south. one group that dreads this game of leapfrog, the media. reporters would prefer not to spend christmas and new year's in iowa and new hampshire away from their families. >>> now, for the big number. we the people. that's what the white house is calling a new feature on its website that allows individuals to create and sign on issues important to th

that is because you are working with will and maddie thatcher.ve come to work together to enliven the effort to create a place where the underserved youth can learn about camera works. this is been on my mind for a long time. do you know the old original joe's place? they have brought in a theater piano fight. that is a wonderful addition. it will be starting this fall. the dugan family will locate in north beach. i have been a patron of the original joe's for many years. i want to specifically thank the piano and fight -- piano fight theater. thank you for starting the wonderful theater. i know you will be asking for a grant. you have been a wonderful partner in looking out for the start-ups and helping them along, helping to identify where they can be and how they can get started. we both started the arts foundation at the corner of sixth and market. there are so many people to thank tonight. i wanted to begin with this list, the freshest efforts to start up. it is a signal to you that we want to thank you all for reinvigorating this central ma

minnesota, michele bachmann comparing herself to another historic conservative standout, margaret thatcher

. >> both ronald reagan and margaret thatcher contributed greatly. in a similar time period and we need to have strong viable leadership to see that return again today. >> reporter: doing battle with poll topping rick perry. >> he's supposed to be the tea party guy? >> reporter: the campaign hit back hard through thursday. over a group's pro bachmann ad. and establishment republican mitt romney makes his first direct pitch to the influential tea party express. at their new hampshire event weekend. one of the big highlights monday will be in south carolina. it will be the first time we'll see rick perry and mitt romney in the same venue. a number of candidates including those two but also bachmann and newt gingrich and cain and others will be at a forum in south carolina. it's hosted by jim demint, the tea party senator. it will be a key opportunity to see how these candidates look side by side. they won't be on stage together. they'll be answering a series of questions one at a time. >> definitely interesting to see how romney will be received there.

that is because you are working with will and maddie thatcher.y've come to work together to enliven the effort to create a place where the underserved youth can learn about camera works. this is been on my mind for a long time. do you know the old original joe's place? they have brought in a theater piano fight. that is a wonderful addition. it will be starting this fall. the dugan family will locate in north beach.

the question is, i mean, was england post-gender with margaret thatcher? indira gandhi, was in the a post-gender when bolivia elected its first working class president, where the post-class? i mean, it is a reflection of the dichotomy. the movement -- you cannot deny the accomplishments of the movement. the human rights movement, which we need to begin talking about more, and malcolm x began to increasingly before he was assassinated, but the thing is, these smokescreens get thrown at us, and we fall over and over again. happen with clarence thomas in a certain way, right, you know? in a more evil way, many of us have gotten comfortable because rock is in the white house, but he cannot be most effective unless we are on his ass, right? we voted, so i will go home now, and see you in four years. the republicans, the tea party, all these folks, they are on his ass, so if you believe that all that there is power in that position, and there are folks that make convincing arguments about a black face on white supremacy, so there is complications, but can progre

democrats are very much like tony blair's labor party in london moving to the right of margaret thatcher that's the irony of this the labor party's and social democrats throughout the world are moving to the right of the old right wing parties and what you call the right the tea party which is backed by the billionaire koch brothers in america are actually using a populist rhetoric their job isn't really to get elected their job is to make sure that a crazy person is nominated for the president who everybody will think is so bad that they would vote obama seeming to be the voice of reason and of course he's not the voice of reason he's an ultra right wing pro wall street anti-democratic republican but how do you make them look as if he is a democrat you have somebody so bad that people will vote for him as the lesser alternative in reality people in america will vote with their backsides you can be sure that in this election the voter turnout will be way down compared to the last election. what is behind the you government decision to sue the banks from the mistake they want to sue the b

, as well as a republican icon in the u.s.: >> ronald reagan and margaret thatcher did what they had to do. they forged a powerful partnership. they turned their countries around. they restored them as economic and military superpowers. and the world was better for it. and in the process, they defeated the soviet union without firing a shot, and they fundamentally changed the economies of both nations that ushered in a period of peace and prosperity that was unparalleled in the history of the world. we find ourselves today in search of another margaret thatcher, to restore our great country to the thriving nation that i believe we can be again, and as the leader for global peace and through its resolute strength, but the good news is, we can take our country back. bill: that speech from the 93rd american legion national convention. we have new fox polling numbers out that tell an interesting story about michele bachmann. we're going to get to that a bit later this morning. martha: those are a few of the stories we're watching in america's news raoplt. we've got a lot going on. take a

thatcher stepped down as british prime minister she said our's is the first nation deliberately formed on an idea, not on land, bloodlines, heredity, but an idea, freedom and liberty. and whether it shrunk under presidential terms or expanded not only comes, it's one of the criteria. >> what is the value? >> well, only 44 men in 230 something years became presidents of the ad states. a very, very small number. to get in it most of them fought very hard, all but george washington. at some point. and to have done there they had to have had something going for them. it did not all succeed. this can be used hopefully for people who steady business, as ceo of a company. what makes for a good leader, what makes for good professor. university president. so, here are some of the best known americans in the world. all presidents are not equal. we should not celebrate the of this. as early as 1777 women started naming their children after george washington. without 24 / seven news, without the internet, and without television and heaven knows without c-span there was something in the man's chara

i do give him credit for saying at the american enterprise association that margaret thatcher was right, this is a nation formed in an idea that people are created equal in the eyes of law and of each other and how dare we accept the notion everyone but arabs or muslims? that was the speech, okay. no one ever said that before it doesn't mean you do it with a tad we are going to give them freedom whether they want it or not you could argue it. okay. but that needed to be said that this american dream into this american like of the world doesn't. i give them credit for that. on the character question back to that -- i may be wrong here, but i didn't get a sense of great intellectual curiosity which i got when i looked at ronald reagan, but i don't get a sense that the president would get in the middle of the night and start asking questions like lincoln did and read the telegrams themselves from the field it must be something we can do and he gets the sentinel to talk to this fellow grant and he has his spies why isn't this army moving? i think that he was more inclined to say he had this

than from a terrorist strike anyone who went through the troubles will be ira i mean you had maggie thatcher was the then the prime minister of england they blew up number ten downing street you're the equivalent of white house you know they almost killed the prime minister the prime minister of italy eleanor actually was killed he was kidnapped and stuck in the back of a truck and died europe went through this period back in the eighty's seventy's eighty's ninety's where they had terrorist problems and many of their citizens were killed arguably as a proportion their population something similar to what we experienced nine eleven and they didn't turn into a you know the england didn't in italy didn't with the red brigades germany didn't with the bottom line off down canyons and they didn't turn into a nation of great fear and loathing instead they said you know we're better than that we're greater than that which is what bill clinton did by the way when until a very tried to terrorize us by blowing up the oklahoma city that so many of which did exactly what osama bin or rather water here's