Margaret Thatcher, the "Iron Lady” died on Monday, aged 87, after suffering a stroke.

"The problem with socialism is that eventually you run out of other people's money," she once said.

Her personal credo, founded on competition, private enterprise, thrift and self-reliance, gave birth to a political philosophy known as "Thatcherism".  We certainly could use some of her philosophy at home nowadays. I was a huge admirer of hers.