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...government will be hoping the same decade offers a useful precedent. When Rolls-Royce was on the brink of collapse in 1971, Osborne's own Conservative party nationalized the aerospace company, arguing it was crucial for the country's science and industry base. "[Rolls-Royce has] been a main stayer ever since," says Patrick Dunleavy, chairman of the Public Policy Group at the London School of Economics. Not all such government action has worked, however. The nationalization of carmaker British Leyland four years later couldn't stop it "running into the sand," Dunleavy says...
Shortly after she became Prime Minister in 1979, Margaret Thatcher was showing a guest around 10 Downing Street. On the way up the main staircase, she pointed out the portraits along the wall of England's Prime Ministers, from William Pitt (1783-1801) to her predecessor, James Callaghan. The visitor remarked that there was no room left for Thatcher's picture. "Don't worry," she said with the trace of a smile, "I'll push all the others down...
...however, Thatcher will concentrate on what she sees as her main task: transforming the nation's economy and attitude toward work. She is fond of calling for a return to "Victorian values," by which she means the virtues of thrift and self-reliance, hard work and sense of duty. (In an inspired bit of parody, the liberal New Statesman illustrated a special issue on the subject with a photomontage of Thatcher as Queen Victoria.) As Peregrine Worsthorne, associate editor of the conservative Sunday Telegraph, puts it, Thatcher "is as ignorantly contemptuous of the so-called values of the idle rich...
...space between chairs. Hoping to escape out the top back doors, some began rushing up the two ascending aisles, which divided the room into three seating areas that swept upwards. Kazmierczak then took aim at those very fleeing students, Santos says. The attacker then hopped down onto the main floor. Santos, in Row 7, reached for his girlfriend, and for a moment pulled her against the far right wall, just steps from the room's front exit. The couple shivered, hoping to evade the gunman's path. "But he was just stepping up the aisles, just shooting people, just like...
...running along this road because he can deceive the West more easily by saying he is going through the process of free and fair elections, and the West, alas, is ready to be deceived by him. The West is dying to be deceived by him. Secondly it avoids the main issue. The main issue is the restoration of the constitution, and of the recognition that the arbitrary will of an individual has to be subservient to a document that is sacred to the people as a whole. Now people have to be given the faith that their lives and futures...