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June 7

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We forget how often President's used to hold news conferences. During the JFK years is was almost every week. This Press Conference, from June 7, 1962 covers a wide range of topics. The budget, the recession, inflation, taxes and of course Medicare, which was foremost on JFK's agenda in 1962.

He opens the Press Conference with a statement:

President Kennedy: "Good afternoon. I have a brief preliminary statement. I would like to say a few words about our economic outlook and program.
I think most financial experts have realized for some time that an overpriced market could not hold up once investors recognized that inflation was ending. Price-earning ratios which averaged on Dow-Jones 23 to 1 could not be justified unless there was heavy inflation in prospect. And we have been working to prevent inflation, which gives a very misleading and spurious picture of economic health. We must not permit the effects of this adjustment, however, to hamper the growth rate of our economy, with which we have, as you know, not been fully satisfied. While our recovery from last year's recession has been a good one, production, profits, and employment are at alltime highs, and the prospects for continued economic expansion remain favorable. In view of corporate and consumer cash on hand, we should take every appropriate step to make certain that recovery is stronger and longer than before and is not cut short by a new recession.

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June 7, 1984 - Summits, Sikhs And Saber Rattling.

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For all intents and purposes, just a typical June day - only it's 1984.

President Reagan arrived in London on this day, as the 10th Economic Summit got started. A full slate of issues greeted the participants.

A Liberian Grain ship hit a mine in the Persian Gulf, escalating tensions in the already war-torn region. Fighting in the Iran-Iraq War was grinding along with casualties mounting by the hour.

Fighting between Sikhs and the Indian Army escalated with the Army storming the Golden Temple in the Punjab region, resulting in the deaths of 300 Sikhs as well as their leader. The battle touched off Sikh riots in New Delhi with a reported 30 dead at the time of this news report.

A joint Military exercise between the U.S. and El Salvador enraged the government of Nicaragua, who claimed it was ruse in order to stage a full-on invasion of that country. Protests were lodged.

A sailboat bound from Haiti to the U.S. capsized off the Florida coast with a reported 6 drowned and some 61 rescued. The suspicion was the sailboat was crammed with refugees seeking asylum in the U.S.

The Presidential Primaries held on Tuesday yielded sufficient delegates for Walter Mondale to secure the Democratic nomination for the November election.

Flash floods were raging around Vermont.

And it was reported that Acid Rain was more widespread than previously thought.

All this and a lot more on this June 7, 1984 as reported on The CBS World News Roundup and the 9:00 am (PDT) Network news.



June 7, 1947 - The Acrid Aroma Of Scandal And Turmoil.

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Always scandal somewhere, always unrest everywhere else. It just seems that way. On June 7th 1947 it was no different. On this day in June disgraced and jailed Boston Mayor James M. Curley petitioned the White House in search of a Presidential pardon for his Mail Fraud charges. Also on Capitol Hill, Congress was seeking to halt Oil Exports (fancy that) in lieu of our domestic oil shortages. Seems even the Navy was noticing a shortage while we shipped some 800,000 barrels to Russia. And since Price Controls had expired, there was a big spike in food and household prices, with as much as a 50% hike in beef, causing a second and third look at that Porterhouse on the dinner table.

Speaking of The Soviet Union. There was a big thumbs down in Moscow over the nomination of Ernst Reuter as Mayor of Berlin, while the Foreign Ministers meeting in Paris was getting a bit itchy. Not the least because of the heat wave in Paris (hitting 100 on this day), but because the Russian delegation was getting testy and it caused the meeting to go secret, barring the press while fingers waved and tempers flared.

On the subject of waving fingers and flaring tempers, the Civil War in Paraguay was heating up with accusations the Argentine government of Juan Peron had been sending weapons in support of the Military-backed Junta. While Peronista heads wagged denial, crates of munitions marked Hecho en Argentina galloped across the border. And speaking of Peron, Eva landed a 27 minute private audience with Pope Pius XII at the Vatican, doubtless broaching the subject of confession for shipping all the Ordinance . . .or not.

Ethiopia got into the Marshall Plan fracas by accusing the hand-that-gives of ignoring Africa in the aid and reconstruction plan. Something that no doubt would bite a few posteriors in the future. And General MacArthur pushed for a land-grab by insisting Okinawa and its neighboring islands be turned over to the U.S. for buffer-zone purposes in the event of . . . .oh yeah, Cold War.

And if you were living in St. Louis this day in 1947 you'd be bracing for 39 feet of flood water as the Mississippi and Missouri were doing what they seem to do every year, wipe out entire chunks of farmland and neighborhoods as June continued busting out all over.

Just another day on Planet Earth via ABC Radio's News Of Tomorrow for June 7, 1947.