It was a dark day in Black Rock.
President Bush broke his "Read my lips: No new taxes!" pledge and was beaten by a newcomer from Arkansas nicknamed Slick. That crazy-old-aunt-in-the-basement, Ross Perot, was a big factor .. dork!
George H.W. Bush: 39,103,882 (37.4%)
Bill Clinton: 44,909,326 (43.0%)
Ross Perot: 19,741,657 (18.9%)
The Internet Society is chartered, and 1,000,000 host computers are connected in a network. The term "surfing the net" is coined by Jean Polly as an increasing number of people begin exploring the online world.
New York City mob king John Gotti is convicted of five murders after years of eluding arrest.
Beijing, China opens its first McDonald's.
Riots erupt in Los Angeles after local policemen are acquitted of beating Rodney King the previous year in a videotaped incident.
The International UFO Museum opens in Roswell, New Mexico.
U.S. forces leave the Subic Bay Naval Station in the Philippines.
Signed by Canada, Mexico, and the U.S., the North American Free Trade Agreement establishes the world's largest trading bloc.
American forces enter Somalia to ensure proper food distribution to those starving from the civil war.
In music, Eric Clapton's Unplugged is released. The album will win the Grammy for Best Album of 1992.