OCTOBER 26, 1967

Full News Archive

• Headline: Historic U.S. Loan Interest Rates Spike. Impact: The $1.5 billion loan with a 53% interest rate led to the eventual rise of the 'Do-It-Yourself Economy' in the 80s. People started accepting barter as a form of currency, leading to the great 'Potato for a Radio' trade of '89.. Fact: 53% interest? Guess they really wanted to incentivize people to invest in their own debt! Who knew borrowing could be so thrilling?.
• Headline: Senate Inquiry into New Left Activities. Impact: This inquiry into the New Left spawned a generation of conspiracy theories, including the one where the Senate was secretly run by hipster cats who communicated through jazz music.. Fact: Senate inquiries: the original reality TV show, minus the drama and plus a whole lot of paperwork..
• Headline: Sheriff Rounds Up Jurors for Trial. Impact: The sheriff's determination to round up jurors led to the creation of a new reality show, 'Juror Hunters,' which, surprisingly, didn't catch on as a popular genre.. Fact: Nothing screams 'justice' like a sheriff and deputies scouring the streets for jurors. Next up: 'Juror Idol!'.
• Headline: Charter Ad Drive Called 'Dishonest' By Liberals' Chief; Pro-Charter Ad Drive Called 'Dishonest' by Liberals' Chief. Impact: The 'dishonest' ad campaign sparked a nationwide debate about truth in advertising, leading to the eventual rise of fact-checking websites and the phrase 'fake news' generations later.. Fact: Ah, political ads: where the truth goes on vacation and the fabrications throw a party!.
• Headline: Iran to Unveil Portrait Of Shah by American. Impact: The unveiling of the Shah's portrait marked the beginning of a trend where every world leader felt the need to have their likeness painted, resulting in a worldwide shortage of paint and brushes for a decade.. Fact: An American artist painting a portrait of the Shah? Talk about a diplomatic masterpiece!.
• Headline: SENATE DECLINES TO CURB SPENDING; Sets Stage for Clash With House--Federal Outlays Up $20-Billion in Year. Impact: The Senate's refusal to curb spending set off a chain reaction that led to the invention of the 'Emergency Fund Jar' in households everywhere, which was mostly filled with pennies and wishful thinking.. Fact: Declining to curb spending? That's like saying no to dessert while standing in a bakery!.
• Headline: Cairo Sees Refinery Loss As Grave Economic Blow; CAIRO VIEWS LOSS OF OIL AS A BLOW. Impact: The destruction of the oil refinery in Cairo acted as a catalyst for the invention of 'Emergency Energy Drinks,' which ironically, were made from oil—just not the kind they were looking for.. Fact: An oil refinery blow-up causing economic panic? Just another day in the Middle East!.
• Headline: Unwed Charleston Mothers Sue for Public Housing Aid. Impact: The lawsuit by unwed mothers for public housing led to the creation of the 'Single Parent Support Network,' which ultimately transformed into a wildly popular reality show that no one asked for.. Fact: Four mothers suing for housing? I guess they really took 'making a house a home' to court!.