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July 6, 1995 – The Grilling continues at the OJ Simpson Trial. A freak storm injures scores at a Grateful Dead concert campgroun in Missouri. President Clinton mulls defense jobs and base closures. As news days go – not a cliffhanger. The news starts off with word on a possible economic slump headi
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July 6, 1995 – The Grilling continues at the OJ Simpson Trial. A freak storm injures scores at a Grateful Dead concert campgroun in Missouri. President Clinton mulls defense jobs and base closures. As news days go – not a cliffhanger. The news starts off with word on a possible economic slump heading our way. The OJ Simpson trial resumed after the fourth of July holiday and it was back on the witness stand for FBI Agent Douglas Deedrick for another day of grilling and testifying. Word that a freak storm and resulting downpour along with flash-flooding tore through a campground in Winfield Missouri occupied by a few thousand Deadheads for an upcoming concert in St. Louis, causing widespread injuries reported by eyewitnesses. Campers seeking shelter were trapped under a collapsed campground pavilion injuring some 130; 30 seriously. Earlier reports that two campers had died of drug overdoses prompted one Deadhead to remark it was The Grateful Dead’s Summer from Hell. The next morning brought hundreds of campers wandering through the disaster scene, covered in mud, dazed and wrapped in blankets. The collapsed pavilion was reduced to a pile of nails, timber and debris. And President Clinton wound up getting caught in the crossfire over the hitlist recommended by the base closing commission and the resulting loss of some 11,000 jobs in California from the proposed closing of the Mcclellan Air force Base in Sacramento. Since election time was just around the corner, the fallout could prove disastrous for Clinton’s re-election bid. Basically, the President had two options; accept or reject all of the commissions recommendations; no bits and pieces. The only possibility was handing the hot-potato to the Defense Department to figure out how to work around the problem and save California a few thousand jobs. And that’s just a small slice of what happened on July 7, 1995 as presented by The CBS World News Roundup.
Fans hurt when a storm hits Missouri Campground President mulls plan to save California defense jobs, good thursday morning, Bill lynch with the CBS. World News Roundup. Government's main economic forecast engage the index being indicators dropped by 2/10 of 1% in May, the fourth consecutive decline. That's the longest negative string since the onset of the last recession, economist, Sandra Shaver says five of the 11 components were weaker in May. It's been credit sensitive sectors housing particularly, and cars to a lesser degree that have really slumped and that has pulled down the economy. Now. What the Fed hoped for was a momentary pause. The so called soft landing, that's very difficult to achieve. The latest evidence of a slump comes on a day. The Feds.