Gordon Thatcher? I don't think so

Anthony Barnett (London, OK): There are reports that gleeful Labour MPs are celebrating the Prime Minister's handling of the banking and credit crisis as a 'Falklands' style triumph for him and the Labour Party, after he has slapped around Iceland with anti-terror laws. Somehow, I doubt it. It is true that Margaret Thatcher was responsible for triggering the Argentine invasion by insisting on the withdrawal of HMS Endurance, the only naval presence, as a cost-cutting measure. But Brown's responsibility for the over-exposure of the UK is of long-standing and the coming wreckage will be laid at his door even as he presents himself as providing 'world leadership'.