• The “Black Monday” stock market fall. (Monday, October 19TH)
• Prozac hit the market.
• President Regan was in the thick of the Iran-Contra affair.
• Hustler Magazine & the Rev. Jerry Falwell went before the Supreme Court.
• Senator Gary Hart was caught with Donna Rice.
• Jim Bakker admitted committing adultery with a church secretary named Jessica Hann.
• The FCC rescinds the Fairness Doctrine, which had required radio and television stations to "fairly" present controversial issues.
FADS and ENTERTAINMENT
• MOVIES: “3 Men & a Baby” “Dirty Dancing” “Good Morning Viet Nam” and “Lethal Weapon”
• T.V.: “The Cosby Show”, “Murder She Wrote”, and “Roseanne”
• The Queen of Soul Aretha Franklin is the first woman inducted into the Rock & Roll Hall of Fame.
• Pi is calculated out to 134 million decimal places with no end in sight.
• Shelly Long left “Cheers” and Spuds MacKenzie showed up in Bud Light Beer Ads.
• Los Lobos meaning "The Wolves", are a multiple Grammy Award–winning American Chicano rock band from East Los Angeles, California.
• This is a Mexican folk song, originally from the state of Veracruz.
• It’s been covered by numerous artists, most notably by Los Lobos, whose version was the title track of the 1987 film of the same name went to the top spot.
• The video for the song won the 1988 MTV Video Music Award for Best Video from a Film.
• Here’s Los Lobos with “La Bamba” your #1 @ 1 from August 1987