Ross Perot announces his intention to run in the 1992 U.S. presidential election on CNN's Larry King Live.
He who refuses to do arithmetic is doomed to talk nonsense.
Iran-Contra scandal: The U.S. Congress issues its final report on the Iran-Contra affair, stating that US President Ronald Reagan bore "ultimate responsibility" for wrongdoing by his aides and his administration exhibited "secrecy, deception, and disdain for the law."
