Does anybody still believe that the so-called “Iron Lady” was really running the show? That monetarism – or Thatcherism as it became known in the UK – was simply the personal ideology of one individual? That Thatcher legislated single-handedly for over a decade? The scenes that have greeted her death this week by those who claim to represent the “radical left” have been nothing short of laughable.
Thatcher, like all of our politicians, was a great character actor. We all remember snippets of her most famous speeches, such as “U turn if you want to, but this lady is not for turning”. But that’s all politics is – theatre, nothing more. The real power hides somewhere in the shadows; it rarely puts itself on public display. Thatcher had attended Bilderberg meetings prior to her appointment as the first female British Prime Minister. But her open and often vociferous opposition to greater European integration – a core agenda of the Bilderberg Group and the Council on Foreign Relations (CFR) – ensured that she was swiftly cast aside once she had outlived her usefulness to the monopoly men.
The very institutions that comprise the fabric of the state – as many researchers and public speakers have attested to – are not public bodies, but privately owned companies. The United Kingdom is a company. The Crown is a company. The real power, therefore, is not to be found in those who publicly administer the system, but rather, in those who own it.
It was these same owners who funded Bolshevik terrorists in the wake of the Russian Revolution via Kuhn, Loeb and Co. It was the same owners, via the Union Banking Corporation and Brown Brothers Harriman, who poured millions into Hitler’s election coffers, and even continued to launder funds for the Nazis into the early years of the war. These same owners created what the loonies call the “radical left”. Socialism and Communism has been the monopolists wet dream, because it upholds, rather than threatens, the existing global monopoly; it strangles individual initiative and creates a dependency on the state – which increases the deficit of governments and hands more wealth and power to the monopoly men.
The real impact of monetarism – and for that matter, what they called identical policies in the US, Reaganomics – is to be measured in the credit boom. The current individual debt mountain through the availability of easily obtainable credit is probably one of the most enduring legacies of the Thatcher years. But once again, we need to look beyond the individual who put her name to the policies, and focus our attention instead on the owners; on the monopoly men who lurk in the shadows.