Posted Aug 08, 2012By
On this day – August 8, 1974 – President Richard Nixon, in a nationwide television address, announces his resignation from the office of the President of the United States effective noon the next day.
Nixon’s second term saw an Arab oil embargo, the resignation of his vice president, Spiro Agnew, and a continuing series of revelations about the Watergate scandal. The scandal escalated, costing Nixon much of his political support, and on August 9, 1974, he left office in the face of almost certain impeachment and removal from office. After his resignation, he was controversially issued a pardon by his successor, Gerald Ford. (AP, Wikipedia)
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