Margaret Thatcher: On behalf of the government and the Metropolitan Police, I am so sorry. It is a national embarrassment that the Queen of the United Kingdom should be subjected to troublemakers and malcontents who feel at liberty to resort to violence.
Queen Elizabeth II: Oh, but he wasn't violent. In fact, the only person Mr. Fagan hurt in the course of his break-in was himself. And while he may be a troubled soul, I don't think he's entirely to blame for his troubles, being a victim of unemployment, which is now more than twice what it was when you came into office just three years ago.
Margaret Thatcher: If unemployment is temporarily high, ma'am, then it is a necessary side effect of the medicine we are administering to the British economy.
Queen Elizabeth II: Shouldn't we be careful that this medicine, like some dreadful chemotherapy, doesn't kill the very patient it is intended to heal? If people like Mr. Fagan are struggling, do we not have a collective duty to help them? What of our moral economy?
Margaret Thatcher: If we are to turn this country around, we really must abandon outdated and misguided notions of collective duty. There are individual men and women, and there are families. Self-interested people who are trying to better themselves. That is the engine that fires a nation. My father didn't have the state to rely on should his business fail. It was the risk of ruin and his duty to his family that drove him to succeed.
Queen Elizabeth II: Perhaps not everyone is as remarkable as your father.
Margaret Thatcher: Oh, you see, that is where you and I differ. I say they have it within them to be.
Queen Elizabeth II: Even someone like Mr. Fagan?
Margaret Thatcher: Mr. Fagan is another matter. Two different doctors have reached the conclusion he is suffering from a schizophrenic illness. If he is spared criminal prosecution on account of his condition, then a nice, secure mental hospital will ensure he will not be a danger any longer. Now, if you will excuse me, I really must go.
Queen Elizabeth II: Where to?
Margaret Thatcher: To the victory parade at the City of London.
Queen Elizabeth II: A victory parade?
Margaret Thatcher: Yes, ma'am. We have just won a war.
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