Week of October 1-5, 1981

Protect oil - President Reagan declares he will not allow a revolutionary takeover

in Saudi Arabia like that in Iran two years ago.

President Reagan announces plans for a $180 billion modernization of the United

States’ strategic nuclear forces, calling for deployment of a new generation of

intercontinental ballistic missiles and production of the supersonic B-1 bomber.

The Irish Republican Army calls off its hunger strike at the Mass prison after a

seven-month fast that left 10 nationalists dead, relatives of the living unwilling to

tolerate more deaths and Prime Minister Margaret Thatcher’s government still

firmly in control.

Kennedy, ending some 18 years of speculation and court

battles. British author Michael Eddowes had theorized in his

book, “The Oswald Files,” that Oswald was replaced by a

Soviet agent named Alek James Hiddell when Oswald

defected to the Soviet Union. Eddowes contended that

evidence “indicated” it was the agent who killed Kennedy in

Dallas and then was shot by Jack Ruby.

Banks nationwide match a half-percentage point cut on the prime rate to 19%.

Unemployment jumped to 7.5% in September, the highest level in five months.

Sears, Roebuck and Co. is taking over Coldwell Banker & Co. the nation’s

largest independent commercial and residential real estate broker.

government - and the first for what are many are calling “Reaganomics” - the

start of the nation’s biggest tax cut. Workers should see more in their paychecks,

but it also means cuts in welfare and food stamps. Also, financial institutions are

now offering a unique new government-approved tax-exempt savings certificate.

It also means that many college students will be paying back higher interest for

the government-backed loans.

Wichita Kansas - After telling police for four years that she lived in terror of

threatening notes from a mysterious verse-writer dubbed “The Poet,” Ruth Finley

(51) was found to be mailing the letters to herself. Her husband was unaware of

Week of October 1-5, 1981

her hoax. During the four years of police investigation, Finley claimed “The Poet”

abducted her once and stabbed her while attempting to adduct her a second

time. Sometimes, as many as 10 letters were “mailed” to her per week. Police got

a break when a source saw Finley mailing a letter. Police staked out a mailbox

and watched as Finley mailed ore letters over two weeks.

A survey conducted by McCall’s Magazine reveals that although most teens have

sex and smoke marijuana before they are 18, what many youngsters actually

want is parental advice. Despite the lack of communication on many subjects,

83% believe they can tell their parents how they ‘think and feel about most

things,” about 60% think that their parents actually do listen to and care and

about their ideas.

The U.S. Postal Service says that it will raise the price of a first-class stamp from

18 to 20 cents beginning November 1.

expensive show to date - at $100 a ticket, left much of the opening night

audience feeling it got its money’s worth. The Schubert Theater was filled to

capacity - with 985 spectators attending the $4.4 million extravaganza. The show

is a Royal Shakespeare Co.’s adaptation of Charles Dickens’ tale of a young

innocent in an ever-changing world of good and evil in early Victorian England.

Music news -

Breaking into the mainstream

with the single “We’re In This

Love Together” is an artist,

primarily known in the jazz field -

Al Jarreau. It’s from his first hit

album, “Breaking Away” - his

sixth album for Warner Brothers.

Geffen Records says that Donna

Summer is recording an album

with Quincy Jones, one of the

hottest producers in music.

Geffen says he rejected

Summer’s last album - produced

with Georgie Moroder, saying it

failed to spotlight her vocal

charms and lacked strong songs.

So, back to the drawing board.

Week of October 1-5, 1981

Geffen also sent Elton John back into the studio to record a few stronger songs

for his next album.

In North Carolina - A toothless man, angry because his wife served him pork

cops, shot and killed the woman and her daughter and wounded another

daughter while two small children looked on.

Sports -

Terry Bradshaw throws for 276 yards and two touchdowns to lead the Pittsburgh

Steelers to a 20-6 victory over the New

Orleans Saints.

On “Saturday Night Live” this week - Rod

Stewart and Tina Turner. One newcomer

is

getting high praise - Eddie Murphy.

Friday night television -

CBS - The Incredible Hulk, Dukes of

Hazzard, Dallas

NBC - NBC Magazine, Movie, Tonight,

ABC - Benson, It’s A Living, The Manions

of

America (see ad), Nightline, Fridays

PBS - Washington Week, Wall St. Week

Week of October 1-5, 1981

Week of October 1-5, 1981

ON PBS