From the Wall Street Journal:
Margaret Thatcher, the former British prime minister who became one of the most influential global leaders of the postwar period, died on Monday, three decades after her championing of free-market economics and individual choice transformed Britain’s economy and her vigorous foreign policy played a key role in the end of the Cold War.
“It is with great sadness that Mark and Carol Thatcher announced that their mother, Baroness Thatcher, died peacefully following a stroke this morning,” said Mrs. Thatcher’s spokesman, Timothy Bell.
Queen Elizabeth II and U.K. Prime Minister David Cameron immediately issued tributes, with Mr. Cameron saying: “We have lost a great leader, a great prime minister and a great Briton.” Mr. Cameron planned to cut short a trip across Europe and was due to return to London on Monday afternoon.
Mrs. Thatcher, who grew up in an apartment without hot water above her father’s grocery store in Grantham, eastern England, went on to become Britain’s first female prime minister and arguably the country’s dominant political figure since Winston Churchill. She was 87.
She was a key ally and close friend of former U.S. President Ronald Reagan, sharing with him a view on free-market, monetarist solutions to the economic problems of the day, as well as an uncompromising stance on how to handle the former Soviet Union, earning her the nickname “the Iron Lady.”
A quote attributed to Thatcher is among my all time favorites: The problem with socialism is that eventually you run out of other people’s money.
During my lifetime, my favorite era for global leadership emanating from the free world came during my years in high school in the early 1980′s (I was a Reagan fan and had a lib Social Studies teacher who openly mocked me for it, which made me like Reagan even more). Thatcher, along with Reagan, touted the virtues of freedom and evils of totalitarianism like no other. Reagan affectionately referred to Thatcher as the “best man in England” and Thatcher called Reagan “the second most important man in my life.” Somewhere, they’re being reunited.
Video from NBC:
Update: Figures… the White House responded faster to the death of Roger Ebert than they did Margaret Thatcher.
For that matter, the Obama administration had a faster response to Ebert’s death than they did the Benghazi attack.
Also: Be sure to check out the video at Michelle’s site, in which Thatcher exposes the trick inherent in the “gap between the rich and the poor has widened” argument the left likes to use.
Update II: Obama’s quite the comedian: Michelle and I will “carry on the work to which she dedicated her life.”
Unless Margaret Thatcher dedicated her life to crony socialism, non-stop fundraisers and golf, no they won’t carry on that work.