President Carter opened fire on the Washington Insiders, the influence peddlers and special interest groups which formed an Iron Triangle of Bureaucracies, Congressional Committees and well organized Special Interests who could organize strong opposition to much needed reforms. Washington reported another increase in the overall Trade Deficit up to $2.9 billion from $2.8 billion in March, largely because of a big jump in petroleum imports. And at midnight on May 26, 1978, with ribbons cut and crowds lined-up, the circus came to town.īut there was other news this day. Despite much hemming and hawing and waiting until the very last minute, Atlantic City’s first (and at the time only) gambling casino was poised to fling open its doors to the cash-tossing devotees of Craps, Blackjack, Roulette, Poker and One-Arm Bandits. – a memorable day, especially if you lived on the East Coast, around Atlantic City New Jersey.īecause this was the day Gambling became legal in New Jersey and Atlantic City in particular was destined to become Las Vegas Of The East. – – CBS World News Roundup – Gordon Skene Sound Collection – Atlantic City – – And the air was filled with the plaintive chant “BABY NEEDS SHOES!”
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