April 6, 1976 - News was breaking, during this broadcast, of a possible settlement in the long running Teamsters Strike. President Ford campaigned in Wisconsin, ahead of Tuesday's Primary election. Democratic hopeful Morris Udall quietly campaigned in Wisconsin. UAW President Leonard Woodcock was quoted as saying if a Democrat wanted to be in the White House this election, he needs to consider that it's not less government, but better run government that''s the key. Whether anyone took his advice or not wasn't clear. Right Wing death squads were responsible for the systematic rounding up and murder of 15 people ages 20-25 during the latest reign of terror as part of the Military crackdown in Argentina. Terrorist bombs went off in Northern Ireland and Northern Portugal. Women stage the largest protest in Rome's history as several thousand march in opposition to the Vatican's position on contraception. And France tested another nuclear device in the South Pacific this day.

All that, via NBC News On The Hour for April 6, 1976.

No end to conflicts and potential hot spots, this February 23rd in 1975. Southeast Asia eruptions were continuing with the Mekon river blockade now effectively cutting off Phnom Penh and rebel fighting throughout Cambodia. Likewise in South Vietnam where terrorist attacks were inching closer to Saigon. All this activity triggered calls from President Ford to send military aid to the region. Congress wasn't thrilled. We'd been there. We'd done that. We got the bloodstains to prove it. Still, there were some such as Strom Thurmond who thought we should pour nothing but money into the region in exchange for their oil, if and when they found some.

Elsewhere in the Lovely Neighborhood - Secretary of State Henry Kissinger returned from a tour of the Middle East, saying he was "optimistic" that talks-about-talks-about-talks were looking up. Senator Ted Kennedy introduced legislation asking for a cut-off of military aid to the oil producing Persian Gulf nations, saying instability in the region begged for a hold-off on ordinance for at least six months. His crystal ball, it appears, was in much better shape than a lot of his colleagues.

Ethiopia was asking the U.S. for arms in the wake of increased tensions coming from the northern province of Eritrea and the separatist movement gathering steam there. New tensions in Cyprus between Greek and Turkish elements were springing up. Spain, despite a law prohibiting strikes handed down by the somewhat creaky Franco regime, went on strike over dissatisfaction with the decades-old authoritarian rule.

And back home - Judge Sirica handed down sentences for convicted Watergate figures. It went like this: Mitchell, Haldeman and Ehrlichman all got 2 1/2 years in jail and Robert Mardian got 10 months.

All that and a lot more for news ending the week of February 23rd, 1973 as reported on CBS Radio's The World This Week.

Feel better about your day now?

One billion Dollars a day was how it was roughly figured out, as Capitol Hill dissected the size of the Budget President Ford was handing to Congress this February 1st in 1975.

The astronomical sum didn't sit with most lawmakers, considering the U.S. was knee-deep in a recession that no intention of letting up anytime soon.

Money woes and the blame game were in massive supply all over Washington. With the price of gas having some called on a system of rationing in order to stop our dependence on Foreign Oil, which was indicated as a major contributor to our woes.

And the matter of Foreign Aid was another. A supplemental Aid bill to Southeast Asia was resoundingly defeated because, as one Senator pointed out - 55,000 casualties, untold billions already - enough was enough.

And it wasn't just Southeast Asia feeling the brunt of austerity. Aid to Turkey was pending and on hold because of the ongoing situation in Cyprus. The problem in this case was not having much idea of who exactly was running the show over in Istanbul.

To top it all off - our Trade Deficit had now achieved the dubious distinction of being the 2nd highest in the century.

Cold comfort and no doubt cause for another round of sleepless nights.

And so went the news for this February 1st 1975 as reported on CBS Radio's The World This Week (February 1st was a Sunday in 1975) as reported by Allan Jackson and a flood of reports.

Your average day, only this one was in 1975. Economic news was grim, with reports on the Recession getting worse. The Gross National Product dropped 9.1% the previous month. The worst since 1958. Inflation shot up 13%. The worst since 1947. Meanwhile, calls on Capitol Hill for Gasoline rationing were roundly poo-pooed by President Ford, saying it wasn't really all that necessary. The grumblings continued.

The Soviet Union proclaimed Detente wasn't dead, it was just wounded.

Meanwhile, back on Capitol Hill - Congressional Hearings on the CIA brought up two former directors, Jesse Helms and William Colby who both had different takes on the matter of Domestic spying. It doesn't bode well when your own people can't get their stories straight.

Some good news from the Auto Industry, at least for consumers. Ford announced it was offering rebates of $200-500.00 on new car purchases.

In the Middle East, border skirmishes were taking place between Israel and Lebanon with artillery fire being traded back and forth. On the Negotiation front, Senator Charles Percy was in Cairo handing out peace feelers to Anwar Sadat in the hopes of getting something moving, however slow.

And in his Commentary, news analyst Eric Sevareid offered some pithy observations on World reaction to the Economic crisis.

All in all, a run-of-the-mill day for January 16, 1975 as reported by Douglas Edwards on CBS Radio's The World Tonight.

An interesting week in history, starting with a Democratic sweep of the midterm elections. Making gains in the Senate and achieving a 2/3 majority in the House, the election was characterized as a mandate and a repudiation of the Nixon years and resulting Watergate scandal. Republicans moaned otherwise. On the one hand saying it signified the end of the Republican Party (again) and on the other hand saying it was the Republicans being blamed for the economy (again). Yes, well . . .Nixon who?

The rest of the world was going through the usual upheaval. With Secretary of State Henry Kissinger returning from an 18 day tour of diplomatic hot-spots, not the least being the Middle East where Peace negotiations were lumbering along while the PLO were getting ready to make a debut at the United Nations. The Conference on World Hunger opened in Rome and the OAS met in Quito Ecuador to discuss ending diplomatic and economic embargo's of Castro's Cuba.

On the domestic side - Lt. William Calley, who put My Lai on the map was released from prison after receiving a Presidential Pardon for his role in the massacre. And an Ohio Federal Judge acquitted 8 National Guardsmen accused to shooting students at Kent State in 1970.

Another week where the world seemed destined to fall off it axis, but somehow didn't. As reported by CBS News and The World This Week for the week ending November 8, 1974.

(Gov. Hugh Carey - a file cabinet full of painful decisions)

Hearing the news today of the impending fiscal crisis in New York and hearing the just released information that Los Angeles is a half-Billion dollars in the hole, not to mention the rest of California tipping over the brink, I'm reminded of the last time we had a City and State in Crisis. 1975 brought New York city on the edge of bankruptcy and an unwilling Ford administration offering little aid.

So, thirty five years have gone by and we're faced with pretty much the same situation, and in many ways worse. But in 1975 it was something new and the rest of the country wondered if it could happen where they lived.

The answer was, and is, a resounding yes.

So here is a hastily called address and press conference by then-Governor Hugh Carey of New York from October 13, 1975.

Gov. Hugh Carey: “There’s no comfort, no joy in what we’re doing. Because we’re going to the limits of what we can apply to the city in terms of economies and we’re being forced to set aside to some degree our hopes and aspirations for this city.”

Strange. I've been hearing a lot of those exact words lately. I suspect we'll be hearing a lot more of them in the coming days and weeks.

(Turned upside down read: No Immediate Miracles)

I'm often reminded that, when a crisis erupts and the Republicans are in charge, the solutions often fall into the category of Bonehead Misfires.

True to form, in 1974 when the country was in the midst of inflation, recession, mass unemployment and a crisis of faith (owing to the recent resignation of Richard Nixon and the quickly ending Vietnam War), Gerald Ford announced a new package, complete with slogan and buttons - Whip Inflation Now. Rather than use the dreaded Tax-Word, Ford proposed a "surcharge" on individuals making over $7500 a year and families making over $15,000 a year (remember, this is 1974 when money was a little different and less funny then). The immediate effect was to squeeze the middle class and create more loopholes for those who could most afford it.

Ford envisioned a kind of World War 2 gung-ho attitude on the part of the American people, willing to sacrifice at the drop of a hat. The resulting effect was dramatically less so.

(Casper Weinberger - Long before Iran-Contra, but the spots are the same)

I almost forgot Casper Weinberger was a holdover from the Nixon administration. During the Ford period he was Secretary of Health, Education and Welfare, responsible for slashing budgets long before Reagan made him Secretary of Defense.

So, with the current state of Health Care reform going in full siege mode, I thought I would dig out an Issues And Answers episode from October 10, 1974 where Weinberger gives his two cents regarding a National Health Care package:

Edward P. Morgan (ABC News): “Let me quote to you from a speech you made a month ago when you said ‘since price controls were lifted, the cost of medical care has increased fifty percent faster than the economy as a whole. And this we must and will moderate.’ Are you talking about some kind of controls over medical costs?

Sec. Casper Weinberger: “Well I have said with considerable roughness, because I’m a free market man, I don’t like controls. But I do think there is not a free market in Health Care and I do think the increases have outstripped the cost of living , and the cost of living is obviously racing away at totally unacceptable levels now. And so I personally have felt for some time that cost controls are necessary in the health field. And as a matter of fact they’re contained in our bill of National Health Insurance. But meanwhile, before that bill was enacted there have been very high rises in healthcare costs, particularly in hospital rooms. Some of these can be justified as passing on additional costs that hospitals are incurring. But the fact that they are going faster than the CPI, the Consumer Price Index, is a matter of very grave worry to us because it erodes the ability of anybody to receive health care, and for another thing it’s costing the Government a billion dollars extra in our own health programs . . . .

Morgan: “ Mister Secretary, our time is running out . . . . .

Stop me if you've heard this, but I don't recall any Healthcare Bill that was enacted to bring down the cost of Healthcare - do you?

Oddly, Edward P. Morgan stops and shifts the conversation rather quickly over to Betty Ford's recent Cancer surgery and the subject of National Health Insurance is never brought up again.

Maybe it was the timeclock, but cynicism makes me wonder otherwise.

(In the end, nothing much was accomplished)

In 1974, when Gerald Ford assumed the Presidency after the resignation of Richard Nixon, it was more or less expected Nixon would be prosecuted for Watergate and the subsequent cover up. It came as a surprise (at least outside the Beltway) that Ford quickly pardoned Nixon of any wrongdoing and sought to make everything quietly go away.

Most people felt a sense of betrayal that Nixon would slip into the shadows without any hint of justice being served.

So a Sub-committee was formed to inquire over the pardon and President Ford was requested to come before the committee to testify. A list of questions was provided and Ford was to answer them.

In retrospect, it was more of a "let's put on a show and pretend we're being in earnest about this thing" than anything substantive. Ford answered some questions, evaded others and when it was over, the Republicans patted each other on the back in satisfaction and the Democrats, headed up by Bella Abzug, walked away frustrated and somewhat played.

So here is part one of a two part complete testimony taking place on October 17, 1974.