Pamella Bordes

1. LONG TO REIGN OVER US Her. (No, not the Queen.) Ronald Reagan changed American politics; Margaret Thatcher changed British life. And she's still here, with no end in sight. But on her tenth anniversary, she is perceived as suffering from folie de grandeur, symbolized by her already immortal announcement of a recent family arrival with the words, "We are a grandmother." Her latest free market reforms of the medical and legal professions are seen as either courageous or reckless (take your pick) exercises in intellectual consistency: giving Tories a taste of her favorite medicine.

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