Portal:1980s
Template:/box-header The 1980s, spoken as "the Nineteen Eighties" or abbreviated as "The Eighties" or "the '80s", was the decade that began on January 1, 1980, and ended on December 31, 1989. This was the ninth decade of the 20th century.
The time period saw great social, economic, and general change as wealth and production migrated to newly industrializing economies. As economic liberalization increased in the developed world, multiple multinational corporations associated with the manufacturing industry relocated into Thailand, Malaysia, Mexico, South Korea, Taiwan, and China. Japan and West Germany are the most notable developed countries that continued to enjoy rapid economic growth during the decade while other developed nations, particularly the United Kingdom and the United States, re-adopted laissez-faire economic policies. The decade significantly saw the phenomena of Glasnost and Perestroika in the USSR, paving the way for transition from the bipolar world of the Cold War during the early 1990s.
Technically and culturally the 80s also represented a significant transition too as they saw the realm of computing expand from a primarily business and academic phenomenon into the home with the advent of the personal computer, accompanied with the growth of the software industry, ultimately paving the way for the World Wide Web on the Internet. Template:/box-footer
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The Keating Five were five United States Senators accused of corruption in 1989, igniting a major political scandal as part of the larger Savings and Loan crisis of the late 1980s and early 1990s. The five senators – Alan Cranston (Democrat of California), Dennis DeConcini (Democrat of Arizona), John Glenn (Democrat of Ohio), John McCain (Republican of Arizona), and Donald W. Riegle, Jr. (Democrat of Michigan) – were accused of improperly intervening in 1987 on behalf of Charles H. Keating, Jr., Chairman of the Lincoln Savings and Loan Association, which was the target of a regulatory investigation by the Federal Home Loan Bank Board (FHLBB). The FHLBB subsequently backed off taking action against Lincoln.
Lincoln Savings and Loan collapsed in 1989, at a cost of over $3 billion to the federal government. Some 23,000 Lincoln bondholders were defrauded and many investors lost their life savings. The substantial political contributions Keating had made to each of the senators, totaling $1.3 million, attracted considerable public and media attention. After a lengthy investigation, the Senate Ethics Committee determined in 1991 that Cranston, DeConcini, and Riegle had substantially and improperly interfered with the FHLBB's investigation of Lincoln Savings, with Cranston receiving a formal reprimand. Senators Glenn and McCain were cleared of having acted improperly but were criticized for having exercised "poor judgment". All five senators served out their terms. Only Glenn and McCain ran for re-election, and they both retained their seats. McCain would go on to run for President of the United States twice, and was the Republican Party nominee in 2008. |
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Alfred Matthew "Weird Al" Yankovic; born October 23, 1959) is an American singer, songwriter, parodist, record producer, satirist, actor, music video director, film producer, and author. He is known for his humorous songs that make light of popular culture and often parody specific songs by contemporary musical acts, original songs that are style pastiches of the work of other acts, and polka medleys of several popular songs, featuring his favored instrument, the accordion.
Since his first-aired comedy song in 1976, he has sold more than 12 million albums (as of 2007[update]), recorded more than 150 parody and original songs, and has performed more than 1,000 live shows. His works have earned him four Grammy Awards and a further 11 nominations, four gold records, and six platinum records in the United States. Weird Al's first top ten Billboard album (Straight Outta Lynwood) and single ("White & Nerdy") were both released in 2006, nearly three decades into his career. His latest album, Mandatory Fun (2014), became his first number-one album during its debut week. Weird Al's success comes in part from his effective use of music video to further parody popular culture, the song's original artist, and the original music videos themselves, scene-for-scene in some cases. He directed later videos himself and went on to direct for other artists including Ben Folds, Hanson, The Black Crowes, and The Presidents of the United States of America. With the decline of music television and the onset of social media, Weird Al used YouTube and other video sites to publish his videos; this strategy proved integral helping to boost sales of his later albums including Mandatory Fun. Weird Al has stated that he may forgo traditional albums in favor of timely releases of singles and EPs following on this success. |
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Bill Cosby Reminds Us That We Can All Be Scientists.
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