Date Posted:11:57:42 04/24/02 Wed Author: saira Subject: last 20 terms from the last handout... [if anyone can fill in blanks do it]
- Panama Canal: Carter made two treaties to give Paname Canal completely to Panama by 2000 [i wonder if that really happened]
- Camp David Accords: September 1978 Carter persuaded Sadat of Egypt and Begin of Israel to meet; Israel promised to withdraw troops from territory taken in 1967, Egypt promised to respect Israel's borders, promised to sign formal peace treaty
- Enegry problems: by 1974 prices were up more than 10%; OPEC doubled prices in 1979 making foreign products cheaper than American; Carter called legsislation to improve energy conservation but America was indifferent; foreign oil stopped coming in and Carter lifted price controls domestically; Energy Security Corporation formed to develop synthetic fuels
- Amnesty:
- Iran captives: 1979 anti-American militants went to US Embassy in Tehran and took all captives hostage, Iranian government refused to take action [it was pretty shaky over there]
- Deregulation:
- ERA: [i think he means EPA] environmental protection agency; secretary of the interior James Watt accused of trying to to get rid of foundation because government controlled rich mineral and timber resourced in the midwest
- Affirmative action: order signed by Johnson in 1965 to ensure that the underpriveleged [women and minorities... me!] were hired
- Bakke case: Supreme Court case in 1978 claimed that he was turned down from school because the school favours minorities [reverse discrimination]; Court declared that schools cannot have preference
- Stagflation:
- Defecit spending: federal budget defecits were high and massive government spending to cover defecits made interest rates high pushing the value of the dollar up
- Supply side economics: lowered individual tax rates, eliminated federal taxes, and created taxfree savings plans [theory basically that lower taxes would increase government revenue because on stimulus in the economy]
- Trade deficit: reached a record of $152 billiob in 1987 because of high dollar resulting in many imports but no exports
- SDI: Strategic Defense Initiative aka Star Wars; plan called for orbiting battle stations that could fire laser beams to catch international missles before lift-off [salvation from a "nuclear nightmare" said stick-up-the-ass Reagan]
- Lebanon: invaded by Israel in 1982 in attempt to suppress Palestinian fighting [who were only fighting becase Israel kept trying to take over the West Bank] and American troops were sent in in 1983 to be "peacekeepers" but a suicide bomber killed 200 men and Reagan withdrew US aid
- Grenada: 1983 Reagan sent troops because Marxism had taken over there by Sandinistas
- Iran-Contra: American diplomats secretly gave ammo to Iranians in exchange for a hostage and money; money used against contra rebels in Nicaragua
- Service sector technological influence on society: computers, telecommunication, genetic engineering, women's lib
- New Immigrants: allowed family migration and special categories for political refugees; Asians and Latin Americans came in
