"Old times there are not forgotten"
American taxpayers were burdened with the nation's first trillion-dollar budget. The Dow Jones Average of stocks listed on the New York Stock Exchange closed above $2,000 for the first time in January and then crashed in October. An Iraqi missile fired from a warplane killed 37 United States sailors aboard the frigate U.S.S. Starke while the ship was monitoring the Iran/Iraq war. Congressional hearings aired the Iran contra affair. The Supreme Court of the United States ruled that Rotary Clubs must admit women. Margaret Thatcher was elected Prime Minister of the United Kingdom for the third time. The United States and Soviet Union concluded a missile reduction agreement.
New book titles: Last of the Breed, Mayflower Madam, Murder in Georgetown, Red Storm Rising, The Witches of Eastwick, and Wanderlust.
At the movies: Broadcast News, Fatal Attraction, Hope and Glory, Moonstruck, and The Last Emperor.
On stage: Anything Goes, Fences, and Les Miserables.
Emmy Awards: Bruce Willis for Moonlighting, Sharon Gless for Cagney and Lacey, John Hillerman for Magnum, P.I., Bonnie Bartlett for St. Elsewhereand L.A. Law for best drama series.
January 20
Terry Waite, the special envoy of the Archbishop of Canterbury was kidnapped in Beirut, Lebanon.
February 11
British Airways was privatized and its stock listed on the London Stock Exchange.
February 12
The first Unabomber bomb exploded in Salt Lake City.
December
Marshall University lost to Northeast Louisiana by the score of 43-42 in the NCAA Division I-AA National Championship football game, played in Pocatello, Iowa
December 25
West Virginia University lost to Oklahoma State by the score of 35-33 in the Sun Bowl, played in El Paso Texas.