GERALD FORD 1974-1977 ONLY PRESIDENT TO BECOME BOTH PRESIDENT AND VICE-PRESIDENT UNDER THE 25TH AMENDMENT NEVER ELECTED TO EITHER OFFICE NELSON ROCKEFELLER BECAME HIS VICE – PRESIDENT UNDER THE 25TH AMENDMENT The Nixon pardon: Granted Nixon a “full “ pardon – covering crimes Nixon committed or may have committed as president Ford wanted to spare the country a trial Some Americans were outraged None of nixon’s former employees were pardoned and nearly all served prison terms Vietnam: 1975 communist North Vietnam defeated south Vietnam Us personnel stationed in south Vietnam had to evacuate Saigon Many south Vietnamese tried to escape More than 100,000 left the country Saigon’s name was changed to Ho chi minh city 1970s recession 1973 opec embargoed oil exports to the west – protesting support for Israel 1974 steep increases in oil prices set off widespread inflation in the U.S. Ford launched a battle against inflation – whip inflation now (win). Ford asked Americans to help control inflation by eliminating waste Americans stopped spending By 1975 – the country was in a deep recession Ford increased federal spending to stimulate the economy Campaign reform Response to the 1972 presidential campaign Nixon’s re-election campaign had a lot of money – some of it was used illegally Congress decided to limit campaign contributions to avoid the corrupting influence of unlimited contributions Reform law limited the amount of money candidates for federal office can raise and spend in election campaigns – it provided federal funds to most candidates running for president.