The European single currency is bound to fail, economically, politically and indeed socially, though the timing, occasion and full consequences are all necessarily still unclear.
We intend freedom and justice to conquer. Yes, we do have a creed and we wish others to share it. But it is not part of our policy to impose our beliefs by force or threat of force.
Ladies and gentlemen, I stand before you tonight in my … chiffon evening gown, my face softly made up, my fair hair gently waved, the Iron Lady of the Western world. Me? A Cold War warrior? … Well, yes — if that is how they wish to interpret my defense of values of freedoms fundamental to our way of life.
I'm also very much aware that it is you who brought democracy to Chile, you set up a constitution suitable for democracy, you put it into effect, elections were held, and then, in accordance with the result, you stepped down.
Our first duty to liberty is to keep our own. But it is also our duty - as Europeans - to keep alive in the Eastern as well as the Western half of our continent those ideas of human dignity which Europe gave to the world. Let us therefore resolve to keep the lamps of freedom burning bright so that all who look to the West from the shadows of the East need not doubt that we remain true to those human and spiritual values that lie at the heart of European civilization.
The role of Ronald Reagan had been deliberately diminished; the role of the Europeans, who, with the exception of Helmet Kohl, were often keen to undermine America when it mattered, had been sanitized; and the role of Mr. Gorbachev, who had failed spectacularly in his declared objective of saving communism and the Soviet Union, had been absurdly misunderstood.