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HEADLINES ON July 16, 1970
Full News Archive
- Headline: Brazilian Police Foil Hijacking Attempt. Impact: Had the hijacking succeeded, we might all be forced to wear life jackets at the beach due to a newfound fear of flying watercraft. You know, just in case the next cruise turns into a hostage situation!. Fact: Brazil is home to the Amazon Rainforest, which ironically has more trees than peopleβunlike the hijacker who clearly needed a better plan..
- Headline: Army Investigation into Songmy Incident Stalled. Impact: This event led to an endless cycle of military cover-ups and congressional investigations, eventually resulting in the phrase 'I can't recall' becoming the most popular excuse in politics.. Fact: The Songmy incident is now a prime example of how not to conduct a military operationβright up there with 'let's invade during a parade.'.
- Headline: Britain and France Coordinate Peace Efforts. Impact: This meeting marked the beginning of Britain and France's ongoing relationship as the couple who can't decide whether they're breaking up or planning a romantic getaway.. Fact: Jarring isn't just a last name; itβs what most people feel when they hear about peace initiatives that never lead anywhere..
- Headline: Belgrade's Ties With Peking Improve. Impact: Improved relations led to a cultural exchange that eventually resulted in the worldβs first Yugoslav-Chinese fusion restaurantβserving dumplings with a side of bureaucracy.. Fact: The only thing more complicated than international relations is trying to pronounce 'Peking' without sounding outdated..
- Headline: Lutherans Hear Cardinal; Joint Unity Effort Is Asked. Impact: The call for unity between Lutherans and Catholics initiated a series of interfaith dialogues that would eventually lead to the 'Holy Coffee Break'βa sacred time for all religions to just chill out with a cup of joe.. Fact: Cardinal Willebrands was the first high-ranking Catholic to speak at an assembly, proving that sometimes, all you need is a microphone and good intentions..
- Headline: ALASKAN NATIVES VOTED $1βBILLION BY SENATE, 76β8. Impact: The billion-dollar compensation bill led to a newfound appreciation for native land rights, igniting movements that would eventually make 'land acknowledgment' a popular phrase at corporate retreats.. Fact: The 1867 purchase of Alaska from Russia is often referred to as 'Sewardβs Folly'βbut I'm pretty sure it was just a really expensive real estate investment gone wrong..
- Headline: Cincinnati Disputes Census. Impact: Cincinnati's insistence on recounting the census led to an ongoing debate about population accuracy, inspiring future generations to take a closer look at their own math skillsβor lack thereof.. Fact: Census disputes are like family reunions; everyone argues about whoβs actually there and who isnβt, but nobody seems to care about the actual numbers..
- Headline: Auto Union Opens Bargaining with AntiβInflation Plea. Impact: The auto unionβs bargaining efforts would mark the beginning of the era where workers started demanding more than just a paycheckβlike actual respect and good coffee in the break room.. Fact: The UAW's plea for a noninflationary settlement sounds great, but letβs be honest: it's just a fancy way of asking for a raise without causing a riot..
- Headline: City Bids Landlords Defy Their Leadership in Strike. Impact: This statement from the city prompted landlords to step up their game, eventually leading to the rise of tenant rights advocacy, because who doesnβt love a good underdog story?. Fact: The Lindsay Administration's idea to restore essential services is like trying to fix a leaky roof with duct tapeβgood luck with that!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1970, it would be worth $581,775 today (581.8x return)