Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON July 23, 1970
Full News Archive
- Headline: Buyer Protests Against Credit Contract Issues. Impact: The buyer protests against the credit contract led to an avalanche of consumer protection laws. Fast forward a few decades, and suddenly everyone is hiding their contracts under a mountain of fine print β thanks, Mullins!. Fact: Did you know that the phrase 'It's not you, it's me' was originally coined by confused buyers trying to back out of bad credit contracts?.
- Headline: Farm Aid Ceiling Approved by House Unit. Impact: The $55,000 yearly subsidy limit prompted farmers to creatively reclassify their crops, giving rise to the underground economy of 'exotic' vegetables that look suspiciously like regular potatoes.. Fact: Fun fact: Farmers had to start marketing their potatoes as 'artisan tubers' to qualify for the 'exotic' crop subsidies!.
- Headline: California Bombings Overview. Impact: The bombings in California led to the eventual creation of bomb-sniffing dogs, but not before a few dogs became local celebrities for their 'explosive' personalities.. Fact: You may not know this, but California has the highest number of bomb-sniffing dogs per capita. One of them is even a TikTok star!.
- Headline: Guidelines Urged for Chartered Buses. Impact: The push for chartered bus regulations led to the creation of a secret society of bus drivers who conspired to create the best road trip playlists ever, resulting in the rise of the mixtape culture.. Fact: Did you know that the average charter bus driver has a playlist thatβs 75% '90s pop and 25% classic rock? It's a scientific phenomenon!.
- Headline: Mikhail M. Gerasimov, 62, Dies; A Noted Russian Anthropologist. Impact: The passing of Mikhail M. Gerasimov caused a ripple in the anthropology community, leading to a race for his research papers, which were later discovered to contain a secret recipe for borscht.. Fact: Did you know that Gerasimovβs research was so influential that it made borscht a staple in anthropology classes? Talk about a delicious legacy!.
- Headline: Agnew Denies That Nixon Is Growing More Liberal. Impact: Agnew's denial of Nixon's liberal leanings led to a bizarre trend of politicians trying to one-up each other's 'conservative' credentials, resulting in the most extreme political debates β and thatβs saying something!. Fact: Did you know that Agnew once attempted to trademark the phrase 'Iβm more conservative than you' but was thwarted by a group of angry libertarians?.
- Headline: DISPERSAL URGED FOR U.S. AGENCIES. Impact: The dispersal of U.S. agencies led to the creation of countless βoffice spaceβ memes, as employees tried to navigate the chaos of bureaucratic red tape β a trend that continues to this day.. Fact: Did you know that the phrase 'letβs circle back' originated in a U.S. agency office that was trying to avoid making decisions? Itβs now a corporate favorite!.
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)