Week of February 15-19, 1981
Pope John Paul II receives a reception of more
than one million in Manila. After walking down the
ramp of his jetliner, the Pope kissed the ground.
President Reagan urges Congress to slash the
proposed 1982 federal budget by $41.4 billion and
to reduce personal income taxes by 30% during
four calendar years. He warned that excessive
taxation and runaway inflation “will put an end to
everything we believe in.’
Former President Richard M. Nixon is to appear at
a Republican fundraiser but Republican Gov.
James A. Rhodes declines to attend the event, saying is still too controversial to
be recognized by the Ohio Republican Party.
The Reagan Administration orders the Internal Revenue service to cut its staff by
6,000 persons, a reduction severe enough to cut tax collections by as much as
$1 billion.
An Air California Boeing 737 jetliner with 109 aboard crash-lands on John Wayne
Airport in Orange country. All survived. The aircraft may have been trying to
avoid another on the ground as it was landing.
In Business - the De Lorean Motor Co in
DunMurray, Northern Ireland is cranking
out 12 new DMC sports cars a day. De
Lorean says the plant is expected to
produce about 20,000 cars a year. The
cars should go on sale in the United
States as planned in May. Cost is about
$25,000. The cars will be sold through a network of 350 U.S. dealers. De Lorean
has plans for another car - a sedan that will cost more than the sports car.
Getting noticed - The Guardian Angels, formed two years ago with 13 members,
has now grown to 1,000. You can see them all around New York City with
branches in the suburbs.
Music news
- Barbra Streisand and Stevie Wonder are getting together to cut a
duet single.
Week of February 15-19, 1981
Entertainment news -
The Nevada Commission votes to restore Frank
Sinatra’s gaming license after an 18-year-hiatus. One
commissioner said allegations of ties between the
entertainer and the mob were “manufactured out of
printer’s ink.’
Financier Kirk Kerkorian agrees to sell out his 25%
stock interest in Columbia Pictures. The announcement
came as a surprise to many.
Passing - Jack Northrop, co-founder of three aircraft companies. He was 85.