The Iron Lady, which stars Meryl Streep as Margaret Thatcher, is the worst biopic since Nixon. It intercuts Thatcher's old age, when her memory has begun to play tricks on her and she keeps up a running conversation with the ghost of her dead husband, Denis (Jim Broadbent), with episodes from her political career. But it's so cautious that it lacks a coherent point of view, and it's so scattered that it tells you almost exactly nothing.