While The Iron Lady wasn't a great film, Streep's performance as Margaret Thatcher was outstanding. And even though Streep has been nominated for 17 Academy Awards, this is only her third win. Whether you like the fact that Steep won the award or not, there's no denying the fact that she is one of the most talented actresses in the industry.
Plus, Streep was in Mamma Mia! – and you have to give credit to anyone that stars in a movie about a mom who sleeps around so much that her daughter doesn't know who her father is... and then sings about it. It's like Maury: The Musical - but with Margaret Thatcher, a stuttering King (Colin Firth), and James Bond (Pierce Brosnan).