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HEADLINES ON September 23, 1966
Full News Archive
- Headline: Senate Approves $2.5 Billion Anti-Poverty Bill. Impact: This bill to fight poverty inadvertently led to an explosion of urban gardening initiatives decades later, proving that sometimes, throwing money at a problem is just the start of a whole new set of problems!. Fact: It's funny how $2.5 billion sounds like a lot until you realize that a single Super Bowl ad costs about $5 million. Priorities, right?.
- Headline: Witnesses Challenge Immunity Waiver Terms. Impact: By refusing to waive immunity, these witnesses unknowingly set off a chain reaction of court cases that would eventually lead to an entire reality TV genre dedicated to courtroom drama. Talk about a plot twist!. Fact: This is the kind of story that makes you wonder if all witnesses secretly dream of being the next big legal star. Spoiler: they're not..
- Headline: Senate Panel Approves New Transit Agency. Impact: The creation of a new transit agency led to an unending bureaucracy that would eventually inspire a generation of memes about public transport delays, all because a few senators couldn't agree on who gets to drive the bus.. Fact: This new agency was probably formed just in time to ensure that no one ever knows how late their bus is going to be. Thanks, government!.
- Headline: HUMPHREY CHIDES VIETNAM PICKETS; At Rutgers, He Says Dissent Has Its Responsibilities. Impact: Humphrey's chiding of protesters created a ripple effect, leading to future generations of activists who would redefine dissent as a sport, complete with uniforms and team chants.. Fact: Rutgers University has a long tradition of dissent, which is probably why they have a 'Dissent 101' class now. Just kidding, but maybe they should!.
- Headline: Administration Is Cautious On Prospects for Success; President Declines to Term Proposals 'Important and New,' but Fulbright and Mansfield Are Enthusiastic CAPITAL CAUTIONS ON HOPE FOR PLAN. Impact: This cautious approach to proposals resulted in a decade of indecisiveness, eventually leading to the invention of the phrase 'let's circle back to that'βa favorite in every corporate meeting ever.. Fact: The phrase 'important and new' has been replaced in modern politics with 'let's pivot'βitβs like a political dance move!.
- Headline: Fiat Introduces a Compact With American Styling. Impact: This compact car's introduction sparked a global obsession with small cars that somehow made everyone feel like they were living in a sitcom about quirky neighbors.. Fact: The Fiat 124 was so compact that it could practically double as a coffee table. Just imagine the family gatherings!.
- Headline: Turkey's Leader to Visit U.S.. Impact: Pres Sunay's visit marked the beginning of many diplomatic dinners where awkward small talk would become a fine art, paving the way for future leaders to confuse 'political alliance' with 'potluck dinner'.. Fact: If only Sunay had brought baklava; who knows how many diplomatic crises could have been solved over dessert!.
- Headline: Text of Goldberg's Address on Vietnam, Africa and Space. Impact: Goldberg's address would later inspire countless high school students to write essays that completely misunderstood the complexities of foreign policy, leading to a renaissance of bad grades and creative excuses.. Fact: This address is the kind of content that can put an insomniac to sleep faster than counting sheep. Sorry, Goldberg!.
- Headline: HOUSE UNIT VOTES A 16-MONTH HALT OF TAX INCENTIVES; White House Is Confident of Passage of Its Modified Anti-Inflation Measure FARMERS' PLIGHT EASED Panel Also Keeps 7% Credit Available for Investments by Small-Business Men House Panel Votes Johnson Tax Plan. Impact: The vote to halt tax incentives created a snowball effect that led to tax season becoming the most dreaded time of yearβmore horrifying than any horror movie ever made.. Fact: Tax incentives: the adult equivalent of a 'Participation Award'βeveryone gets one, but no one is really happy about it!.
Wall Street Time Machine
IBM
IBM
IBM - If you invested $1,000 in 1966, it would be worth $189,590 today (189.6x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1966, it would be worth $1,807,152 today (1807.2x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1966, it would be worth $713,064 today (713.1x return)