and if the answer is never, we re part of the problem. - go home, niggers! - it s just like a bomb. we re sitting on a bomb. - you can have a black person killed with a video, then this is what you will get. - this is a revolution. - we ve got to increase the peace. - knock them all down. - should people be frightened? - i think people should wake up. it s 1991. wake up. - we have talked at each other and about each other for a long time. it s high time we all began talking with each other. [together] no justice, no peace. - can we all get along? [light orchestral music] [music intensifies] - thank you. bye-bye. - in about 20 minutes from now, david dinkins, who is now mayor dinkins, is scheduled to step out from city hall to take a public oath of office and become new york city s 106th mayor and the city s first african-american mayor. - i intend to be the mayor of all the people of new york. - david dinkins being inaugurated on new year s day, 1990, is sort of an au
rogers: we ve had 29-year-olds making $1 million a year, expecting to make $2 million the year after that. diana ferry: but if you ve got plastic money, there s nothing holding you back. history will prove the bakkers were honest people. reporter: insider trading could become wall street s watergate. pauley: what do we call greed the day before an indictment? i m afraid recently, we ve called it success. robinson: the u.s. economy, which used to be the envy of the world, is in the most serious trouble since the great depression. inflation is rising while our standard of living is declining. thomas: there was tremendous inflation and not much growth. the country was not in a great depression in 1980, but the united states was in the dumps. dobyns: on wall street, it was cold, gray, wet, and miserable. there was no comfort to be found outside. and for investors, there was not much inside, either. the tickers carried almost nothing but bad news. mclean: we d come off a terribl
the average family home. cory practices her violin. christian plays with his cars. and mike and carol worry over the bills. we went into the 1980s in pretty much the same technology that s been in place for a couple of decades. typewriter. calculators, tv, oven. a car. you listen to music on a big old stereo system with a turntable. maybe you had a digital watch, and that was the only thing that was going to be digital that you actually owned. hello? i m not here now, but my faithful machine is. there was a handful of technology at that time. one was the telephone answering machine. you d be driving home and you d say, i can t wait to check my messages. you know, it had become part of the day. honey, i m checking my messages. from the noisy streets of new york to the laid-back tranquility of california, americans are tuning out and tuning in. when i think of technology in the 1980s, i think of the walkman. the walkman was huge. it s the latest fad. tiny st
the u.s. economy, which used to be the envy of the world is in the most serious trouble since the great depression. inflation is rising, standard of living is declining. tremendous inflation and not much growth. the country was not in a great depression but the united states is in the dumps. wall street was cold, gray, wet, and miserable. there was no comfort to be found outside for investors there was not much inside. the tickers carried almost nothing but bad news. we would have a terrible decade for investing. people were skeptical of the stock market. it was a sleepy wall street. most economists expect a serious recession with at least 2 million more americans losing their jobs. regret to say we are in the worst economic mess since the great depression. from the first moment of his presidency, president reagan let him know that his top priority is the nation s economy. i put a freeze on pending regulations of the task force under vice president bush to revie
what do we wall greed the day before an indictment? i m afraid recently we ve called it success. the u.s. economy, which used to be the envy of the world, is in the most serious trouble since the great depression. inflation is rising, while the standard of living is declining. there was tremendous inflation, and not much growth. the country was not in a great depression in 1980, but the united states was in the dumps. on wall street, it was cold, gray, wet, and miserable. there was no comfort to be found outside. and for investors, there was not much inside either. the tickers carried almost nothing but bad news. we d come off a terrible decade for investing. people were skeptical of the stock market. it was a very sleepy wall street back then. most economists expect a serious recession, with at least 2 million more americans losing their jobs. i regret to say that we re in the worst economic mess since the great depression. literally from the