Highlights of This Page
Ronald Reagan takes office; American hostages released the same day. Reagan shot. Israel bombs Iraqi nuclear plant. Reagan fires 11,000 striking air traffic controllers. Sandra Day O'Connor joins Supreme Court. Egypt's Anwar Sadat assassinated. Reagan authorizes covert, and illegal, support for Nicaragua's Contras. Budget director Stockman admits that supply-side economics are merely a front for redistributing wealth to the richest Americans. The Washington Times, a conservative paper owned by Sun Myung Moon, launches; Moon quickly becomes a critical ally of the GOP.