Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON May 4, 1968
Full News Archive
- Headline: Tragic Braniff Electra Crash in Texas. Impact: This tragic event prompted stricter regulations for airline safety, which eventually led to the invention of the airplane black box. Without it, future generations would have had to rely on 'eyewitness accounts,' which are about as reliable as a toddler's description of a car accident.. Fact: The Lockheed Electra was infamous for its turbulent relationship with electric storms. It's like the airplane equivalent of someone who insists on wearing white to a mud wrestling match..
- Headline: Johnson's Bold Address to Candidates. Impact: Johnson's unsolicited lectures may have inspired future presidents to continue the fine tradition of speaking out on issues while not being directly involved, leading to an entire generation of political pundits who bloviate without any responsibility.. Fact: In a shocking twist, Johnson was actually not running for president, which is rare for someone who enjoys giving unsolicited adviceβkind of like that one friend who never has their life together but always has a hot take on yours..
- Headline: Realty Tax Rate Cut in 1968-69. Impact: This headline set off a chain reaction of local government officials feeling overly optimistic about their investment strategies, leading to the infamous 'Budget Binge of 1970' where every mayor thought they were a financial wizardβspoiler alert: they weren't.. Fact: In the world of taxes, the phrase 'cut' is often used, but if you listen closely, you can hear the sound of citizens groaning as they realize 'cut' just means 'less painful, but still painful.'.
- Headline: 11 Ex-Nazis Sentenced. Impact: This sentencing served as a stark reminder of the consequences of extreme ideologies and the long reach of justice. The ripples of this event continue to influence laws against hate and the importance of remembrance in the face of history's darkest chapters.. Fact: Sentencing ex-Nazis is less about punishment and more about ensuring that history doesnβt repeat itself. When it comes to lessons learned, it turns out that 'never forget' is more than just a catchy slogan..
- Headline: COLORED ASSEMBLY DUE IN SOUTH AFRICA. Impact: The establishment of a separate legislative assembly for coloreds further entrenched apartheid policies, sowing seeds of dissent that would eventually lead to decades of struggle and the eventual triumph of the anti-apartheid movement. The echoes of this decision still resonate in modern politics.. Fact: Creating a separate assembly for coloreds was like trying to solve a complex puzzle by hiding half of the pieces under the couch. Spoiler: it didn't work out well..
- Headline: JOHNSON BRIEFS TRUMAN ON WAR; Flies to Independence for Report on Vietnam Talks. Impact: The exchange of information between presidents may have fostered a culture of transparencyβor at least the illusion of it. This linkage of leadership would later inspire countless spy novels where state secrets are shared over a friendly cup of coffee.. Fact: Johnson briefing Truman was like passing the baton in a relay race, except instead of running, they were both just running their mouths about the Vietnam War..
- Headline: PEARSONTURNS DOWN YALE TEACHING POST. Impact: By declining Yale's offer, Pearson inadvertently opened the door for lesser-known professors who would later write textbooks that students would pretend to read, contributing to the rise of the term 'academic rigor'βwhich is just another way of saying 'we assigned too much reading.'. Fact: Turning down a teaching post at Yale is like rejecting an invitation to a party because you 'need more time to yourself'βexcept in this case, it was a party of intellectuals..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1968, it would be worth $1,150,821 today (1150.8x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1968, it would be worth $500,431 today (500.4x return)
MCD
McDonald's
McDonald's - If you invested $1,000 in 1968, it would be worth $1,093,100 today (1093.1x return)