Martin Luther King, Jr.'s, birthday a national holiday to be celebrated on the third Monday of January.
Cumulative deficits reach one trillion.
The U.S. ships 1000 anti-tank missiles to Iran. Bill returns to the House. Colonel Oliver North tells McFarlane that profits of weapons sales to Iran are being diverted to the Contras. The economy is booming and Americans feel prosperous and strong. Father Jenco, one of the hostages held by Muslim extremists, is released in Damascus.