but, margaret thatcher is a patroness of heritage. and we have our thatcher center here. when she stepped down as prime minister, she received the clare booth luce award from this foundation. i cannot think of a more fitting awardee. someone very much in the style- >> can you imagine margaret thatcher in clare booth luce ? >> that would have been wonderful. thank you all for joining us. and thank you c-span -- trent one for joining us today. were going to -- for those who can stay and join us. we will continue the conversation. thank you very much. >> these programs are from our c-span 1968 america in turmoil. you can listen to the programs as a podcast on spot if i, or watch any time at c-span.org on our 1968 page. watch 1968 turmoil -- into next week on c-span 3. that will be at eight eastern. women's rights in 1968. and, our series, american turmoil continues, well contact -- congress continues from a break with the vietnam war at home. monday. >> tuesday, the cold war in 1968. >>> this sunday on oral history , we continue our series on women in congress. with former r

thatcher.od. books, $800. eric. -what is civilization? -good. hit the books, $1,000. thatcher.

. >> are you also took part in a tribute to margaret thatcher. yours was -- could i call it an anti-tribute. >> i hope i told the truth. i certainly told the truth as i had experienced it, as i had seen my constituents experience it. when i was first elected, she had long been evaluated to the other place. we call the house of lord. everything i had been taught to regard as advice she told me was a virtue. selfness wasn't a vice. ensuring you can't feel self in your family. there was no such thing as society. >> can i just play it actually? i mean you -- of yours, we'll see you. >> okay. fine. >> we were told that everything i had been taught to regard as a vice and i still regard them as vices, under thatcherism was in fact a virtue. greed, selfishness, no care for the weaker. sharp elbows, sharp leads. they were the way forward. >> so a pretty bold and obviously you were true to yourself and true to your politics. how were you received in the chamber and did they know what you were going to say? did you have to sort of warn people what you were

someone in the style.>> can you imagine margaret thatcher and clare boothe luce having tea. >> thank you for joining us and thank you trent -- c-span for joining us. we invite you to step outside and we were -- will continue the conversation. thank you again. >>> president reagan challenge the policies of the child forward in the 1976 presidential campaign and he won the presidency in 1980 on a per defense anti-communist platform. this is about 50 minutes. >> that was david

she was called margaret thatcher, lady thatcher, and her secretary of state at the time, kenneth bakert it came from there. was their talk of charging? there was talk of charging even in those days, for sure, and there were all sorts of ideas around that time. the national curriculum came in at that time. all this testing at seven, 11 and 14 came in at that time. but what of the great failings of my generation has been, there is a complete failure of political consensus on education, and on health, for that matter, and every time anybody tries to find it, it is knocked back. so every time you get a change of government, teachers have more bureaucracy and more changes in the way that we treat our students. in the profession finds that very difficult to deal with. if we go to the i, universities offering 1000 bribes to smart students, universities which probably would never be anywhere near the clearing and off the chart, i suppose. now you are getting them in there, because of the money which is involved, and they are handing out rides for the smartest students. and this is a strange on

the stunning thing is margaret thatcher was right.f everybody else's money. just like you see in venezuela. >> sean: we are running out of other peoples money. i use the same quote often. dan bongino, it's kind of shocking. there's a pretty big percentage of the electorate that i don't think really understands the difference. >> they don't. i'm reminded of that scene from billy madison. and we are all dumber for having seen that, sean. socialism is not free stuff. socialism is death. it's despair, it's starvation. it is the government controlled the means of production. europe and denmark and scandinavia and nordic countries are not socialist. socialism is for imbeciles. don't be an imbecile. these are capitalist countries with high taxes. if you want to argue about taxes we can argue with the left about taxes. but denmark, scandinavia and europe, these are not socialist countries. these are capitalist economies where the government does not own the means of production. it just taxes us not out of its citizens. i wish these people wou

quoting margaret thatcher and taxing the snot out of them, dan bongino. i did meet your brother.ing, younger and smarter. >> he's not smarter. y he's definitely better looking though. >> sean: our video of the day next.. ♪ ♪ it is such a good time to kiss ♪ ♪ it is such a good time to dance ♪ ♪ it is such a good time to [ laughing ] ♪ scoobidoo doobidoo ♪ scoobidoo doobidoo [ goose honking ] ♪ [ laughing ] a bad day on the road still beats a good one off it. ♪ progressive helps keep you out there. ♪ >> sean: today, the president honored i.c.e. officers and officials at the white house. they deserve it. take a look. >> to everyone here today from immigration and customs enforcement, customs and border protection, i want to let you know that we love you, we support you, we will always have your back and i think you know that. that you have to go through what you are going through and you have to be having to be demeaned by people that have no idea what strength is, is really very sad, and just a small group that gets a lot of publicity, because they have no courage, they have no gu

welcoming our special gues guesm his or margaret thatcher philip and margaret thatcher center for freedom. before arriving at heritage he was a research fellow with the henry jackson society and think tank in london and testified numerous times before congress as well as provided oral evidence before parliamentary committees examining the walls and governance of britain's intelligence agencies. he received a masters of science degree in the u.s. foreign policy at the institute of the study of the americas at the university of london and earned his bachelors of arts degree of international history from the university. [applause] >> welcome to everyone. it is a great pleasure to invitd everybody back. he's a practitioner wit policy h a special focus on digital strategy for countering violent extremism andtr the media engagement. the. he served as the senior harvard university fellow with a phd in international political economy and william j. fulbright fellow at harvard university presidential scholar and would robles an in public service for what else is there to say and she's here today t

someone very much in the style of -- >> can't you imagine margaret thatcher and clare booth luce thatcher were sitting, having tea. >> that would have been wonderful. thank you for joining us. thank you, c-span, for joining us today. we're going to continue the conversation over lunch for those who can stay and join us. i invite you to step outside and we'll continue the conversation. thanks again. >> thank you. >>> you can see all of today's programs tonight at 8:00 p.m. eastern. you can also listen to the programs as a podcast on spotify or watch any time at c-span.org on our 1968 page. watch "1968: america in turmoil" all week on c-span3. at 8:00 p.m. eastern, women's rights in 1968. our series, america in turmoil continues next week while congress continues its break with the vietnam war at home. on tuesday a look at the cold war in 1968. >>> this weekend on book tv, author interviews from this year's freedom fest conference in las vegas. starting saturday at 3:20 p.m. with vicky alger discussing her book "failure:the federal miseducation of america's children." at 6:30 robert poole w

he has the role here that margaret thatcher had in the 1980s in great britain.is the personification of taking apart what the left is trying to do and it drives them crazy. that is why you get these reactions that are automatic, intense, and hostile. >> neil: doesn't he create -- especially when he goes on the warpath on google? it might justified because of their bias against conservative, the same about twitter. it gets -- it appears you off course at times when he wants an agreement with mexico, points to real progress and get distracted on other stuff that just seems silly. >> yeah, it looked. i there are interesting parallels between trump, as a very disruptive personality, andrew jackson, the american president, and winston churchill. all three of them had these personality traits that, just at a point where they were totally right, and you can almost imagine people coalescing around them, they would do something, and you would be jarred so badly, you would be wondering about what was that all about? i think that is unfortunate for the president that i wan

thatcher. -what is reactionary? -that's right. pre-rec, $800. dhruv. -what is a rebar? -good.amlet, $800.

and rizzo doesn't have thatcher's wealth, that much is true. he was -- he was a cop, he was a cop first and foremost and he never stopped. and one of the things i say in the book is when it came to blue-collar provisions and blue-collar jobs, few in philadelphia were more blue collar than police officers. and that mattered to people. that relatability mattered deeply to a lot of his people. >> what did he sound like? >> barratone. it's hard to describe. barratone voice. >> he seems like he was a >> guy. >> yes. i i wouldn't say sounds uneducated, but he sounds unpolished. he sounds he sounds -- i mean, and he very much is a guy who says the first thing that comes to mind, right? he's a type of guy that in an interview and i've watched dozens ef them and several in which he walks out because he's confronted with some of these things, he just says what he's going to say. and sometimes it gets him in trouble. he says he says a lot of things throughout the '70s that get him in trouble. so one of the more famous incidents, he's at one point accused

leading our discussion is over margaret thatcher fellow in the center for freedom before writing a heritage a research fellow at the henry jackson society our think staying in london testifying numerous times as well as providing oral evidence for the parliamentary committee examining laws and governance of the bryn intelligence agency is a master of science degree in u.s. foreign policy that the study of america's and the bachelor of arts degree in international history from the university please join me to welcome rabin. [applause] >> welcoming everyone to the heritage foundation it is a great privilege the chief strategy officer for the global media agency is a scholar and policy practitioner with a focus on digital strategy to counter violent extremism and with media engagement. mohsen recently on the planning staff of u.s. state department teaching a georgetown university with a counselor foreign relations the senior harvard university with that ph.d. was a fulbright fellow from harvard scholar and woodrow wilson public service fellow and here today to speak on his fascinating new book

he also made an unfavourable comparison between theresa may and margaret thatcher, saying that the latterivalry to take the heat of the labour party. and today, hosting a show on lbc radio, mr rees—mogg suggested that this is all in part a proxy battle for brexit. a downing street source has said that this is an personal and that they have to look into complaints. borisjohnson has been on holiday. he has been spotted today at florence airport. we know he doesn't plan on apologising, but regardless, this row is now into its sixth day and has served to expose existing tensions in the tory party. jessica parker, thanks very much. now, with news of how england' cricketers are getting on at lords, and the rest of the sport, here'sjohn akers at the bbc sport centre. good afternoon. england are just 18 runs short of india's first innings total at lunch on day three of the second test at lords. patrick geary reports. 0n on its day, this is one of the best walks in london. the sun shining, india all out for 107, a chance for a batsman to get settled, enjoy the morning, make others do the running.

margaret thatcher said that the problem with socialism is that it is you eventually run out of other people's money. we are told something every year by our actuaries. but there is no way around it. medicare is running out of other peoples money and does other people happen to be our children. the trust fund will be out of money by 2026. the large tax increases. the medicaid program is on track to have a larger share of federal and state government. it already takes up more than one third of many state budgets. they have made a solemn vow to protect these programs. to do that, we need to reform these programs in the way that we know works introducing market-based competition. for a while now there has been a consensus something simply has to change about how these programs work. they had grown more and more complex the traditional model. it has made less and less sense. there has been some progress in the private market unmoving payment from volume to value. everybody agrees is a long way to go. with the fiscal trends we don't have a lot of time to accomplish the changes that we need

not a dogmatists like many of the left so indeed i was in favor of all the privatizations of the thatcher era and of course some of them you know telecoms ability huge success but railways have been a failure you know absolute privatisation of railway has been a complete disaster from beginning to end so what is about the railways that make it so difficult. to run in the private sector well because as i say because you cannot generate generate the revenue in order to keep up with technological improvements as you obviously can in telecoms i mean that slots you know in the old days use used to have to apply to the government for a telephone now you can just walk into a shop and buy the latest and you could get any color as long as i was glad. but really i don't like them railways are essentially victorian technology i mean they're on a par with the hot air balloon or the penny farthing bicycle that's sort of the government's investing perhaps fifty billion perhaps a lot more in this high speed rail which could take some table are you saying that investing all of the capital or the technolo

not a dogmatist like many of the left so indeed i was in favor of all the privatizations of the thatcher era and of course some of them telecoms up to the huge success but railways have been a failure you know absolute privatisation really has been a complete disaster from beginning to end so what is about the real ways that make it so difficult. to run in the private sector well but as i say because you cannot generate generate the revenue in order to keep up with technological improvements as you obviously can in telecoms i mean that's what you know in the old days use used to have to apply to the government for a telephone now you can just walk into a shop and buy the latest and you could get any color as long as i was glad. but really i don't like them railways are essentially victorian technology i mean they're on a par with the hot air balloon or the penny farthing bicycle that sort of the government's investing in perhaps fifty billion perhaps a lot more in this high speed rail that's a good take some table are you saying that investing all of that capital into technology which is

prisoner of the warring factions within her own party, which have been in conflict since margaret thatcher'sletely paralysed her and she has been unable to come to any sort of deal and even checkers is being questioned now. the eu seems to think that jack is, evenif the eu seems to think that jack is, even if it gets through the tory party, is not up to snuff. —— chequers. she is completely hamstrung by that and i think another vote would be a good idea to get more clarity because we are in a completely stuck situation. i'll so think a lot of us didn't really know, i mean i think i did, but a lot of people didn't know what brexit involved. it would involve some problems for some people in some problems for some people in some parts of the country. in fact europe would be so frankly intransigent, as it seems at the moment. hard to know. but that europe would demand all this money if we leave, and all the rest of it if we leave, and all the rest of it if we leave, and all the rest of it if we stay. i think people would like to have a go, and of course young people felt they didn't vote, as the

. >> can't you imagine margaret thatcher and clare boothe having tea. >> that would have been wonderful. thank you for joining us. thank you c-span for joining us. we'll continue the conversation over lunch. i invite you to step outside and we'll continue the conversation. thanks again. [ applause ] >>> you can see all of today's programs tonight at 8:00 eastern. you can listen as a podcast on spotify. watch 1968, america in turmoil all this week on c-span3. saturday night at 8:00 eastern, women's rights in 1968 and our series american turmoil continues next week while congress continues its break with the vietnam war at home. on tuesday a look at the cold war in 1968. on lectures in history, princeton university professor teaches a class on conservative influence over foreign policy in the 1970s. following the vietnam war, more than presidents favored an easing of relations. the rising conservative movement pushed for more hawkish approach to communiscommunism. ultimately found a champion in ronald reagan. president reagan challenged the policies of gerald ford in the 1976 presidential

such a continuing fiasco and you know what the source of this is essentially as you well know that thatcher lost her head because of europe john major last comment was heard until recently as heading the same way that the boys as a sense of it chopped off absolutely the poison all of the good poison in the conservative party has spilled over and now we had the spectacle of david cameron trying to renegotiate which was bogus and then he lets the country loose on a referendum and he is a trump to a rigged referendum and to me the tragedy is that this was never about the this is about the united kingdom now this is about the state of the united kingdom not about the state of europe and then what you had was a succession of cheap patriots as i described them. people who are either delusional in government ideological in government and when you combine those qualities together this is a pretty dangerous situation i was remarking on. to the one constituent vote the handmaid's tale which is of a program on a bit dystopian america this is the story in britain we're moving to places are like which a

margaret thatcher was stridently opposed to the unification of germany in 1989. she still feared, she still had the memories of world war ii on her mind, as did many brits. what was so interesting was that in 1989, one of the selling points of george h.w. bush, both to mikael gorbachev and margaret thatcher, was that nato existed precisely to integrate and co-opt german power. the indispensable requirement for the united states in late 1989 and early 1990 in the negotiations with gorbachev over the unification of germany was that germany must, a unified germany must be inside the nato. president bush in 1989 and 1990's all that -- saw that position -- sold that position to gorbachev and the british by saying an integrated germany, co-opted inside the atlantic alliance, inside nato, as well as inside the western european union, a united germany integrated would have its power co-opted and controlled so that germany's neighbors in europe could be reassured that germany, again, would not be the same type of threat as it had been in 2 world wars. the importance of na

margaret thatcher said it best, you run out of other people's money.ot one place it has been effective and able to be sustained. it is a system based on a godless idea that people will just want to sit around and work hard and give it away to someone who didn't work hard and that is not the way the human body and human mind is hardwired. ed: we see nancy pelosi who he believed was far left having troubles with the far left, 50 democrats, incumbents for office who won't supporter of democrats when the majority, so much so she is so discombobulated she was going after nbc over the weekend saying you guys are trying to stir up trouble. >> when you are democrat and lost in bc you have lost the left wing of your party. that is an astonishing thing when she is upset that nbc has taken her on. that shows how far not only most of the democrats have gone but how far in bc has gone and they are on the edge and nancy pelosi is wondering what happened. they left her. ed: i noticed -- what you see, your daughter's birthday. what did you tell her? at >> i wished her

surface politics, to win power, at the same time no plan to pay for it, to loosely quote margaret thatcherrun out of other people's money but the costs are staggering. if you look at national medicare for all, 32, $6 trillion over ten years. look at california alone universal healthcare in california would be $400 billion annually, twice the annual budget of california. in new york, they would have to raise taxes 156%. the mistake is people are equating insurance with care. that does not make sense. universal healthcare, if you look at canada between 1993-2013 the wait time double to see a specialist to 18 weeks while the cost went up 40% and socialists want to go and say we want medicaid and medicare for all which are insolvent, corrupt systems. if you get medicare, supposed to be insolvent by 2026 and if you look at medicaid and medicare in 2017 alone, $141 billion in improper payments and this is their solution to healthcare situation. >> some of those numbers are tough to understand and swallow for a lot of people because when you look at those numbers, it would cost an estimated 70% i

irregularities but thetr fact they threw in a campaign finance violation from stormy cn down yesterday daniel thatcher shows that they are out to getk. trump i explain the violations in the book and i will say very quickly when the single most important point that know, mostg people have no idea anything about campaign violations.e ver. they are very complicated the most important thing to know is this money that would have been? spent but for the campaign it wh will be very hard to prove a man oose namesake's golf course hi, hotel that or i was running for office i don't care what anybody thinks i am sleeping around teeh ct on that conviction he said that would increase pressure on d others to may cooperate and may encourage mueller to pursue the, president himself to testifyintk possibly by issuing a subpoena. do you think that's theen case? >> know. hearin we have heard the same thing for two years and i i make fun of that in my book.g, start with a little fish then moved to the big fish then nothing happens and again nothing happened it's not good fores manafort or cohen but it does expose the spe

professors that have never lived in the real world, everything should be free, and like margaret thatchereat until you run out of other people's money. it has never worked. all it does is the socialists say everyone will be equal and you'll be equally miserable and equally poor. mark: they always talk about the top 1%, there's always a top 1%. i don't care if you go to the poorest nation on the face of the earth. someone has an extra ball of rice, the top 1%. >> yeah, and they talk about how trickle-down economics is so evil and terrible. i think the whole word trickle-down economics is not a great phrase for it, but like i was explaining to my 17-year-old daughter. a wealthy guy goes out and buys a jet and everyone at the jet factory works and then everyone at the local airport that maintains that jet works. he's got to hire a pilot, and all these people are working. if you take the rich guy's money away, have you dozens of people not working. so their entire argument is completely false. mark: you think part of the problem is that we live in the greatest, most successful economy mankind

margaret thatcher. and i knew i had to do well because i could not afford not to. and i just kept plugging and working hard. it is not a play pen. a campaign is tough work. i admire anybody who goes into it. right now, we have a candidate on the republican side for the united states senate, open seat. i am in touch with her almost every other day. the things i hear, etc. we got to help our candidates who are running. not just putting a woman in because she is a woman. but a capable woman. that is what i keep stressing. when i got in, when i was elected my two chiefs of staff, , one ahead of the other, were both women. my legislative person was a man, an old friend from way back, i had several women on my staff, women running my district offices, two women, etc. and we worked together as a team. >> do think your earlier career as a reporter and as you talked about the chairman of the commission, because you were one of the few women, do you think that helped prepare you? helen: it absolutely did. absolutely it did. because when i went to the fmc, i really had never

now the director of the margaret thatcher center for freedom at the heritage foundation, wait to seet to it. what to make of this latest report on china's military focus? >> well, i would say this really is a wake-up call, actually. this is a very detailed assessment of the overall military threat that china poses and without a doubt, china is emerging as a major threat to the united states and its allies. they are ramping up the military, basically practicing for long-range military strikes in the pacific we are dealing here with a rising superpower. it has ambitions to match the united states. in terms of overall military capability by the middle of the century. it is already investing hundred $90 billion a year in defense spending. that will increase the next decade or so to about 250 billion. but the ultimate goal of course, for china is to be able to challenge the united states as a global superpower. and this report i think, is crystal clear its assessment of the scale of threat, the long-term threat and immediate threat that the a state and its allies face from china today. mi

it reminds me of something very famous, probably the most famous thing that margaret thatcher said and a lot of people misinterpreted. sheep perhaps could have not allowed herself to be taken out of context but she was asked back when she was prime minister, is a crime the fault of society and she just responded instinctively with a very famous phrase, there's no such thing as society, there's just individual men and women and their families and they are the ones who should take responsibility. she meant that society, the building blocks are individual. >> i would love to go on all day about that but i'm afraid we had to take a break. coming up we will hear about doctor peterson's view on parenting and you don't want are you done yet? does it look like i'm done? shouldn't you be at work? [ mockingly ] "shouldn't you be at work?" todd. hold on. [ engine revs ] arcade game: fist pump! your real bike's all fixed. man, you guys are good! well, we are the number-one motorcycle insurer in the country. -wait. you have a real motorcycle? and real insurance, with 24-hour customer support. arcad

>> i go back to what margaret thatcher said, the problem with socialism you eventually run out of other we already know their programs will cost $38 trillion, they have no way to pay for it. what they want to do is drive our economy into the same place where venezuela is, where cuba is. the american people know it doesn't work. liz: marc, great to see you. come back soon. >> great to see you, liz. liz: a democrat running in texas is calling to decriminalize illegal border crossings into the u.s. we've got that story for you. but first espn host max kellerman, now blasting tiger woods for defending the office of the presidency. kevin jackson is fired up. he is ready to react. that's next. ♪ ♪ a hotel can make or break a trip. and at expedia, we don't think you should be rushed into booking one. that's why we created expedia's add-on advantage. now after booking your flight, you unlock discounts on select hotels right until the day you leave. ♪ add-on advantage. discounted hotel rates when you add on to your trip. only when you book with expedia. [inaudible] >> what do you think people mi

it reminds me of something very famous, probably the most famous thing that margaret thatcher said and a lot of people misinterpreted. sheep perhaps could have not allowed herself to be taken out of context but she was asked back when she was prime minister, is a crime the fault of society and she just responded instinctively with a very famous phrase, there's no such thing as society, there's just individual men and women and their families and they are the ones who should take responsibility. she meant that society, the building blocks are individual. >> i would love to go on all day about that but i'm afraid we had to take a break. coming up we will hear about doctor peterson's view on parenting and you don't want to stop. don't go away. insurance that won't replace the full value of your new car? you'd be better off throwing your money right into the harbor. i'm gonna regret that. with liberty mutual new car replacement we'll replace the full value of your car. ♪ liberty. liberty. liberty. liberty ♪ do you need the most in your wireless mouse? maybe not. no... maybe you could trust

>> well, as margaret thatcher used to say, the facts of life are conservative, and i think that's really part of who i am. i grew up in a conservative household, my parents were small business owners so it just was kind of part of who we were. they never sat us down and said this is the left believes, this is what the right believes, republicans, democrats, more of a conversation piece and wrote a letter to bill clinton when i was six years old about taxes and unfair he was taking our money and we didn't get to spend his money. he wrote back with a junior argument about paying fair shares, that's when it really started. i'm the daughter of american revolution, my grandpa fought in world war ii, lots of family members in the military, and it was part of growing up for me. i didn't realize until high school that the man wearing a cowboy hat on the poster in our garage was actually ronald reagan, so my parents just, it was how we were, i grew up on five acres of land in flagstaff, arizona and lived a conservative lifestyle. personal responsibility, being self-sufficient, being responsible f

here is nile gardiner, margaret thatcher for freedom, heritage foundation director.to see you, nile. anyone doing business with iran will not do business with the united states. great britain, the rest of europe do a lot of business with the united states, not so much with iran. are they willing to risk cutting off the united states in order for that piddling business they do with iran? >> firstly the trump administration is sending the right message. these sanctions will be devastating for the iranian regime. it will significantly weaken iran's ability to support terrorism, to support a number of wars across the middle east. david: in effect to stay in power because the people are against them right now. >> significantly weaken i think the iranian regime. also i think reality is, many in europe understand this, that at the end of the day, within a few months, practically every single european company will withdrawn from the iranian oil field. we're already seeing that today. we've seen 100 european companies indicate they are suspending operations in iran. some of t

kennedy jr., margaret thatcher. these pictures, a far cry from his humble begat 19 immigrating.efore opening his own in 1970. chef chu's was initially a takeout spot, but with dishes like these, its reputation grew. >> i made it. i wish my next generation do the thing they want to do, do something from the heart. >> the fame he has garnered is being surpassed by his son, 38-year-old john chu may have grown up in the restaurant, but his passion was always film, fully supported by his family. >> watching my dad in the kitchen, my mother out in the front really, i think, taught me how to be a director, the people, the customers that came in would bring computers and soft nt io theost american business you can think of, the hollywood business with no connections. >> after his student project at usc got hollywood's attention, projects followed, including "now you see me too," "crazy rich " most important, based on kevin kwan's best-selling novel, the. >> it's an american professor named rachel who grew up in cupertino and discovers her boyfriend nick comes from one of the wealthiest

he really reminded me of a story that margaret thatcher, when she was premised in the uk she was cuttingaxes and unleashing enterprise as a result of it. it's the same old criticism gets a which is, it is unfair, it helps the rich and so on. she used to tell stories of rich people come up to her and say, it's really unfair what you are doing.i'm very wealthy, i'm very happy to pay more taxes. she would say, that's great! you know the address of the treasury. send them a check, they will gladly receive it. she literally used to say that to people. i think the reason why you've got this lack of faith in the capitalist system, frankly, this is something sobering for those of us that when you look at the performance of what goes for capitalism these days, you look at what's happened over the last few decades, really, it certainly worked brilliantly as you said for people around the world. globalization and free markets have lifted people out of poverty like nothing else has in history. for people here, the truth is -- look at the data half of all american households the income went down in t

when you end up in socialism, as park get thatcher said, when you run out of other people's money that is exactly what will happen and we're watching in venezuela. cheryl: free health care, free beer, free college, will be good for the u.s. economy? >> those things sound pretty good to me, the free beer part. i suspect there is issues with understanding of socialism. venezuela, it is not socialism either. that is military dictatorships with screwy economics. in fact we've been living under a form of socialism, social democracy, the welfare state ever since franklin roosevelt, it worked out pretty well for a lot of people. i think these young people in this poll might not be so well-educated on these complicated philosophical terms. cheryl: we'll see if they vote. that will be interesting part of all of this. guys, thank you very much. >> good point. cheryl: politics and markets cross together. guys, thank you. >>> well let's move on to the other issue markets are watching today. they might be a little bit nervous about it. trade talks back on with mexico and china. $16 billion worth of

margaret thatcher. and i knew i had to do well because i couldn't afford not to. and i just kept plugging and working hard. it's not a playpen. a campaign is tough work. and i admire anybody who goes into it. right now, we have a candidate on the republican side for the u.s. senate open seat, and i am in touch with her kathy shelaga, almost every day. things i hear, et cetera. we've got to help our candidates who are running. not just putting a woman in because she's a woman. a capable woman. and that's what i keep stressing. when i got in -- when i was elected, my two chiefs of staff, one ahead of the other, were both women. my latest person was a man, an old friend, from way back who was excellent at that. but i had several women on my staff, and i had women running my district offices. two of them -- two women. and we weren't together as a te team. >> did you think that your earlier career as a reporter and as you talked about the chairman of the commission, because you were one of the few women, do you think that helped prepare you for -- >> absolutely it did.

that'd be great if we didn't have to pay for any of that front someone, as margaret thatcher said, at some point, you run out of other people's money. that is what happened in venezuela, that is what happened throughout history, and when society breaks down, that is int the militias come out, and then you see slaughtering in the streets or starvation, which is what you are seeing in eswhvenezuela. what can people do to educate young people about the perils? i know you are an old liberal. liberals aren't socialists. it's a very different approach to governing. >> we have to remember that franklin delano roosevelt saved capitalism by introducing a lot of the elements of socialism. obviously, not to state control over industries, but i went to brooklyn college, it was free. i could have never afforded to go to college unless it was free. i think a lot of americans would like to see reallocation of resources. look, i am a relatively wealthy person and i pay a lot of taxes. i am happy to pay more taxes -- >> laura: write a check! who is stopping you from writing a check? >> i do! >> laura:

maggie thatcher, ronald reagan and pope john paul. >> any arguments?? >> they were the trifecta. >> president nixon. certainly a most formidable genius that probably ever lived in my lifetime and you will hear this from people that rank higher than me would say somebody like presidency.? he certainly knew that interest and knowledge so he said look. i don't know much about asia or latin america i'm not that familiar with europe i can talk president and finance the chief of state of any nation in the world and he knows everything there is to know and president nixon had a habit if he could do two hours every day to do nothing but think and he would advise others to have that as a habit. don't do it sitting down because we'll get sleepy and go to sleep and if it's for a policy continue to memorize the form policy what it is and what it should be he could do that and say something like what do you think about what's going on? and he would now everything there is to know that has been the missed days with me every single day absolute genius and very compass

thatcher weather. hello, this is bbc news with julian worricker. the headlines. earthquake on the indonesian island of lombok in a week. a court has heard that the england cricketer ben stokes "lost control" during a fight outside a nightclub in bristol last year. he and two other men deny a charge of affray. a man's appeared before magistrates charged with the murder of the midwife, samantha eastwood. her body was found in a rural area of staffordshire on saturday. the trump administration is re—imposing a series of sanctions on iran, starting with metals trading, industrial—related software, and the motor industry. an investigation by the labour party into one of its mps, dame margaret hodge, for allegedly shouting atjeremy corbyn over his handling of anti—semitism allegations, has been dropped. more now on our top story, thousands of tourists and residents have been left stranded after a second earthquake in a week hit the holiday island of lombok. officials in indonesia say they have begun an evacuation of parts of the area. at least 98 people are known to ha

margaret thatcher said it best in the often quoted statement.ocialism doesn't work is it sooner or later you run out of other people's money." that is why it doesn't work. it never worked. there's not one place on earth where it has been effective. it has been able to be sustained. it can't be. it's a false system based on basically a godless idea that people will just want to sit around and work hard and give it all away to somebody who didn't work hard and that is not the way the human body, the human mind is hardwired. >> ed: we see nancy pelosi, someone who i'm sure you believed in recent years was far left, is now having troubles with the far left. you've got over 50 democrats, either incumbents are candidates for office, saying they want to support her if the democrats win back the majority, so much and so, she's so discombobulated, she was going after nbc over the weekend and saying, you guys are trying to stir up trouble. >> you know, when you are a democrat and you've lost nbc, you have completely lost the left wing of your party. that

to quote a good friend, who was margaret thatcher's speak -- speechwriter. it was an introduction my mother would have believed, and my father would have been proud of. it is wonderful to be back here. thank you for the amazing turnout and for the coverage we have. i have to mention one more book, not written by me. if you want to read the best are the way we are today, with regards to the arab and muslim world, you have to read robert riley's " the closing of the muslim mind." it was mandatory reading for all of my students. takee never seen anybody deeply philosophical exegetical political issues and make them clear in the space of 350 pages. it really explains the threat we face from the global jihad movement. if you are not familiar with it, it should be available here. go to amazon and get your copies. twome begin with a story of americans. americalk about the between 2008 and 2016. then let's talk about america between 2016 and today. i'm not interested in who you voted for, i'm not here to give a political speech, i was a politically commissioned offi