On this day: July 5

POSTED: 02:38 PM PDT Jun 27, 2012    UPDATED: 11:00 PM PDT Jul 04, 2012 

Perhaps history's greatest showman is born, a war begins and two of man's greatest inventions are unveiled, all on this day in history.

OTD July 5 - Oliver North
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1989: Oliver North is sentenced by U.S. District Judge Gerhard A. Gesell to a three-year suspended prison term, two years probation, $150,000 in fines and 1,200 hours community service for his role in the Iran-Contra affair. His convictions are later overturned.

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