Florida Institute of Technology - Ad Astra Yearbook (Melbourne, FL)

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ECONOMY Dririis Key intersets began falling significantly during the summer of 1982 and closed December 31 at a prime rate of 11%. This fact and optimism of a recovering economy lead the way to the highest stock market rallies ever seen on Wall Street. But unemployment reached levels not seen since the 1930's. Leonid Brezhnev, 75 Henry Fonda, 77 Bess Truman, 97 Grace Kelly, 52 John Belushi, 33 Ingrid Bergman, 67 Karyn Carpenter, 34 POLAND October 8, Polish Parliament apprived a law banning all existing labor organizations, including Solidarity, After being held 11 months, former Solidarity leader Lech Walesa was freed November 4. Martial law was suspended in Poland FOOTBALL December 31. Super Bowl XVI San Francisco over Cincinati Super Bowl XVII Washington over Miami Sugar Bowl | Penn Sate 1 over Georgia | Rose Bowl UCLA over University of Michigan EQUAL RIGHTS AMENDMENT June 30, the proposed Equal Rights Amendment was defeat - ed when the ratification deadline expired. The amendment had was support in 35 states, three states short of being | ratified. COMMENTS The last episode of M A S H aired Febuary 28. A second Soviet satelite reentered the earths atmosphere, but no damage was incurred this time. RESIGNATION June 25, President Reagan announced the resignation of Alexander Haig, Secretary of State. The reason hinted was Time magazine named the computer Machine of The Year. | policy differences. Reagan named George Shultz as the ; successor. Gary Trudeau took a break from his comic strip Doonesbury. The Washington Monument was siezed by terrorist. 151

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