Margaret Thatcher Quotes

The people of the Falkland Islands, like the people of the United Kingdom, are an island race. Their way of life is British; their allegiance is to the Crown. They are few in number, but they have the right to live in peace, to choose their own way of life and to determine their own allegiance. Their way of life is British; their allegiance is to the Crown. It is the wish of the British people and the duty of Her Majesty's Government to do everything that we can to uphold that right. That will be our hope and our endeavour and, I believe, the resolve of every Member of the House.

The problem with socialism is that you eventually run out of other people's money.

Under a Labour Government, there's virtually nowhere you could put your savings where they would be safe from the state. They want your money for State Socialism, and they would mean to get it if they got in. Put your savings in the bank—and they'll nationalise it. Put your savings in a pension fund or a life assurance company—and a Labour Government would force them to invest the money in their own socialist schemes. Put your savings in your socks and they'd nationalise socks.

Detente sounds a fine word. And, to the extent that there really has been a relaxation in international tension, it is a fine thing. But the fact remains that throughout this decade of detente, the armed forces of the Soviet Union have increased, are increasing, and show no signs of diminishing.

New ideas are created when they can be discussed freely, but if there is a CORRECT view then you cease to have new ideas

The star of that year's conference was undoubtedly the Swedish conservative leader—since Prime Minister—who delivered a speech of such startling Thatcherite soundness that in applauding I felt as if I was giving myself a standing ovation.

We do not want a united Germany. This would lead to a change to postwar borders, and we cannot allow that because such a development would undermine the stability of the whole international situation and could endanger our security.

The Socialists tell us that there are massive profits in a particular industry and they should not go to the shareholders—but that the public should reap the benefits. Benefits? What benefits? When you take into public ownership a profitable industry, the profits soon disappear. The goose that laid the golden eggs goes broody. State geese are not great layers. The steel industry was nationalised some years ago in the public interest—yet the only interest now left to the public is in witnessing the depressing spectacle of their money going down the drain at a rate of a million pounds a day.

We weren't getting a fair deal on the budget and I wasn't going to have it. There's a great strand of equity and fairness in the British people – this is our characteristic. There's not a strand of equity or fairness in Europe – they're out to get as much as they can. That's one of those enormous differences. So I tackled it on that basis.

I am sure you will agree that, in Britain with our democratic institutions and the need for a high degree of consent, some of the measures adopted in Chile are quite unacceptable. Our reform must be in line with our traditions and our Constitution. At times the process may seem painfully slow. But I am certain we shall achieve our reforms in our own way and in our own time. Then they will endure.

Do you know, one of the greatest problems of our age is that we are governed by people who care more about feelings than they do about thoughts and ideas? Now, thoughts and ideas, that interests me.

Of course it's the same old story. Truth usually is the same old story.

I always regarded free trade as far more important than all the other ambitious and often counter-productive strategies of global economic policy – for example the policies of 'co-ordinated growth' which led principally to inflation. Free trade provided a means not only for poorer countries to earn foreign currency and increase their peoples' standards of living. It was also a force for peace, freedom and political decentralization: peace, because economic links between nations reinforce mutual understanding with mutual interest; freedom, because trade between individuals bypasses the apparatus of the state and disperses power to customers not planners; political decentralization, because the size of the political unit is not dictated by the size of the market and vice versa.

From 1972 until 1985 the conventional wisdom was that Britain could only be governed with the consent of the trade unions. No government could really resist, still less defeat, a major strike; in particular a strike by the miners' union. ... [M]any on the left and outside it continued to believe that the miners had the ultimate veto and would one day use it. That day had now come and gone. Our determination to resist a strike emboldened the ordinary trade unionist to defy the militants. What the strike's defeat established was that Britain could not be made ungovernable by the Fascist Left. Marxists wanted to defy the law of the land in order to defy the laws of economics. They failed, and in doing so demonstrated just how mutually dependent the free economy and a free society really are. It is a lesson no one should forget.

Politicians should resist the temptation to consider themselves experts in fields where they have no experience.