| | In 1987, Lady Thatcher became the first Prime Minister of the United Kingdom to win three consecutive general elections since [[Lord Liverpool]] (1812-1827). In the late 1980's Thatcher began to be concerned by environmental policy and in 1988 she made a major speech accepting the problems of global warming, ozone depletion and acid rain. More memorably, at Bruges, she made a speech in which she outlined her opposition to proposals from the European Communities for a federal structure and increasing centralization of decision-making believing that the role of the EC should be limited to ensuring free trade and effective competition. She was specifically against Economic and Monetary Union, through which a single currency would replace national currencies, and for which the EC was making preparations. In 1989 the economy high interest rates were imposed to stop an unsustainable boom. At the Madrid European summit, Nigel Lawson and Geoffrey Howe forced Thatcher to agree the circumstances in which she would join the Exchange Rate Mechanism, a preparation for monetary union. She took revenge on both by demoting Howe and listening more to her adviser Sir Alan Walters on economic matters. Lawson resigned that October and in November, a so-called ‘stalking horse candidate Sir Anthony Meyer challenged Thatcher for the leadership of the Conservative Party. In 1989 a new system of local government finance to replace the rates was introduced for Scotland in 1989 and for England and Wales in 1990. Called the 'Community Charge' but known as the Poll Tax was applied at the same amount to every individual resident with only limited discounts. Widespread opposition culminated in a huge [http://newsfilm.bufvc.ac.uk/article.php?story=200510081953085 demonstration] in London on March 31 that turned into the largest outbreak of public disorder central London had seen in a century which was followed by millions of people refusing to pay the tax. This along with her government's handling of the economy, her perceived arrogance and a general feeling that she would never retire, made her politically vulnerable. Geoffrey Howe resigned on November 1 and condemned Thatcher's policy on the European Communities then openly invited 'others to consider their own response'. Michael Heseltine's response was a leadership challenge which resulted in a narrow failure, by two votes, for Thatcher to win automatic re-election. After consulting with cabinet colleagues she found a vast majority thought that she could not win on the second ballot. On November 22nd Thatcher announced that she would not be a candidate in the second ballot. She supported John Major as her successor, and retired from Parliament at the 1992 election. | | In 1987, Lady Thatcher became the first Prime Minister of the United Kingdom to win three consecutive general elections since [[Lord Liverpool]] (1812-1827). In the late 1980's Thatcher began to be concerned by environmental policy and in 1988 she made a major speech accepting the problems of global warming, ozone depletion and acid rain. More memorably, at Bruges, she made a speech in which she outlined her opposition to proposals from the European Communities for a federal structure and increasing centralization of decision-making believing that the role of the EC should be limited to ensuring free trade and effective competition. She was specifically against Economic and Monetary Union, through which a single currency would replace national currencies, and for which the EC was making preparations. In 1989 the economy high interest rates were imposed to stop an unsustainable boom. At the Madrid European summit, Nigel Lawson and Geoffrey Howe forced Thatcher to agree the circumstances in which she would join the Exchange Rate Mechanism, a preparation for monetary union. She took revenge on both by demoting Howe and listening more to her adviser Sir Alan Walters on economic matters. Lawson resigned that October and in November, a so-called ‘stalking horse candidate Sir Anthony Meyer challenged Thatcher for the leadership of the Conservative Party. In 1989 a new system of local government finance to replace the rates was introduced for Scotland in 1989 and for England and Wales in 1990. Called the 'Community Charge' but known as the Poll Tax was applied at the same amount to every individual resident with only limited discounts. Widespread opposition culminated in a huge [http://newsfilm.bufvc.ac.uk/article.php?story=200510081953085 demonstration] in London on March 31 that turned into the largest outbreak of public disorder central London had seen in a century which was followed by millions of people refusing to pay the tax. This along with her government's handling of the economy, her perceived arrogance and a general feeling that she would never retire, made her politically vulnerable. Geoffrey Howe resigned on November 1 and condemned Thatcher's policy on the European Communities then openly invited 'others to consider their own response'. Michael Heseltine's response was a leadership challenge which resulted in a narrow failure, by two votes, for Thatcher to win automatic re-election. After consulting with cabinet colleagues she found a vast majority thought that she could not win on the second ballot. On November 22nd Thatcher announced that she would not be a candidate in the second ballot. She supported John Major as her successor, and retired from Parliament at the 1992 election. |
| − | After leaving the House of Commons, Thatcher was created '''Baroness Thatcher of Kesteven''' and entered the House of Lords, an entirely normal and expected honor for a British ex-Prime Minister. More controversially, Denis Thatcher was given a Baronetcy, which ensured that their son, Mark, would inherit the title of "Sir Mark".
| + | ==Life after being Prime Minister== |
| − | Leaving power reportedly depressed Lady Thatcher, and aside from writing her memoirs, her role as 'backseat driver' in the Major administration was not well received. She publicly endorsed [[William Hague]] against [[Kenneth Clarke]] for the Conservative leadership in 1997. She made many speaking engagements around the world, including very vocal support of former dictator General [[Augusto Pinochet]] that the new Labour administration extradited to Spain on charges of torturing political opponents. In March 2002 she suffered a mild stroke, and she was told by her doctors to make no more public speeches on health grounds, nevertheless she insisted on attending the funeral of her old friend and political soul-mate, Ronald Reagan, in 2004 against her Doctor's orders. Baroness Thatcher is still seen at Tory party gatherings and has endorsed party leaders such as William Hague and Iain Duncan Smith. | + | After leaving the House of Commons, Thatcher was dubbed '''Baroness Thatcher of Kesteven''' and entered the House of Lords, an entirely normal and expected honor for a British ex-Prime Minister. More controversially, Denis Thatcher was given a Baronetcy, which ensured that their son, Mark, would inherit the title of "Sir Mark". |
| | + | Leaving power reportedly depressed Lady Thatcher, and aside from writing her memoirs, her role as 'backseat driver' in the Major administration was not well received. She publicly endorsed [[William Hague]] against [[Kenneth Clarke]] for the Conservative leadership in 1997. She made many speaking engagements around the world, including very vocal support of former dictator General [[Augusto Pinochet]], whom the new Labour administration extradited to Spain on charges of torturing political opponents. In March 2002 she suffered a mild stroke, and she was told by her doctors to make no more public speeches on health grounds. Nevertheless she insisted in 2004 on attending the funeral of her old friend and political soul-mate, Ronald Reagan, against her doctor's orders. Baroness Thatcher is still seen at Tory party gatherings and has continued endorsing party leaders, such as Iain Duncan Smith. In August 2008, the world had the misfortune to learn from Lady Thatcher's daugher that Lady Thatcher had been suffering from [[dementia]] for as many as eight years.<ref>http://news.bbc.co.uk/1/hi/uk_politics/7579352.stm</ref> This has been a debilitating blow for her loyal supporters and supporters of freedom worldwide. |