YES NO 8 people found this helpful. â After the dot-com bubble burst and the real estate market crashed, trust in the American financial sector was at an all-time low, with many investors pulling out of the market.
Nixon wins presidential election. Eight years after being defeated by John F. Kennedy in the 1960 election, Richard Nixon defeats Hubert H. Humphrey and is elected president. Two years after losing to Kennedy, Nixon ran for governor of California and lost in a bitter campaign against Edmund G. (âPatâ) Brown.
Richard Nixon, a member of the Republican Party, took office as the 37th President of the United States on January 20, 1969 at age 56. Nixon served in office for 5 years 26 weeks and left when he resigned.He was born in Yorba Linda, California and received an education from Whittier College.n July 15, 1971, Nixon announced on national television that he would become the first president ever to visit the People's Republic of China, a nation which had remained isolated from the West since the Communist revolution in 1949.