Minor Thoughts from me to you

Archives for Margaret Thatcher (page 1 / 1)

Former British Prime Minister Margaret Thatcher Dies

Former British Prime Minister Margaret Thatcher Dies →

Margaret Thatcher, the former British prime minister who became one of the most influential global leaders of the postwar period, died on Monday, three decades after her championing of free-market economics and individual choice transformed Britain's economy and her vigorous foreign policy played a key role in the end of the Cold War.

"It is with great sadness that Mark and Carol Thatcher announced that their mother, Baroness Thatcher, died peacefully following a stroke this morning," said Mrs. Thatcher's spokesman, Timothy Bell. She was 87.

Reverse Imperialism

I was just flipping through my newsreader and saw an interesting headline: Tata Pulls Ford Units Into Its Orbit:

Tata Motors said that it was entering detailed talks with Ford about the takeover of Jaguar and Land Rover, confirming what investors and analysts have anticipated for months.

I've been reading The Downing Street Years by Margaret Thatcher lately. Early in her prime ministership, Lady Thatcher had to decide what to do with Land Rover -- at the time an ailing government owned company. I haven't yet read what her ultimate decisions were, but somewhere along the line it was sold at least once and now Ford owns it.

According to this article, Ford may sell Land Rover to Tata Motors, an Indian owned company. It wasn't that long ago (cosmically speaking) that Britain "divested" itself of India. Now, in a manner of speaking, India may be taking over a part of Britain.

I find that both slightly amusing and a great symbol of how much richer the world is becoming.