... bam, there we are off on a discussion, the rule of law. She loved the founders. She absolutely thought they were the most brilliant people, 'cause they were Brits, don't forget. Our founders were British. She loved them.What topic would you suggest if your tablemate said he was tired of talking about politics? The rule of law?! I'd hear a cue to go somewhere lighthearted. Perhaps something about pop culture.
She loved Thomas Jefferson. Thomas Jefferson was it. But she loved them all. She knew the history of this country better than most people in this country do, and she revered it. She was one of the greatest Americans, quote, unquote, that I've ever met.
Here's a "Firing Line" appearance from 1977 that's up at the Rush Limbaugh website:
That's a 15-minute clip, not all of which was played on yesterday's radio show, but here's one of the parts that was:
THATCHER: I think what we've learned in Britain is that we've gradually, over the last certainly 12 or 13 years, with perhaps a little interruption, gone slowly further and further away from the free society towards something else.... At the same time we've found -- I don't find it strange, but some other people do -- that we have stopped creating wealth. We've had a large number of increasing restrictions. And you've been finding two things: First, that we are more and more concentrating on redistributing the wealth we've got, rather than creating any more. To create more, you need a slightly freer society, and you need an incentive society. Naturally when I see that happening, I look with very great alarm to societies which have gone even further left. That is, they've tried to redistribute even more and haven't had the incentives for people working hard on their own account, doing well for their families and often then being able to create jobs for others, they've produced a much more prosperous society than we have. But by and large you've got the two broad, different economic and political approaches.
RUSH: Here we are, 1977, and again, the value here, not just an illustration of who Lady Thatcher was, for those who don't know, but rather in 1977 it was known what is known today. And it was being executed then, as it's being executed now. And in 1977 it failed, i.e., the redistribution of wealth, the stoppage and the creation of wealth, which happens at the same time. The moment a society becomes redistributive, it stops creating wealth. She was cataloging current circumstances in Britain in 1977. And this was, of course, to set up her eventual triumph as prime minister.