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HEADLINES ON January 11, 1971
Full News Archive
- Headline: Ancient Thera Frescoes Unveiled in Athens. Impact: The display of these ancient frescoes sparked an art revolution in Athens. Artists, inspired by the unknown creators, began painting in their own homes, inadvertently leading to the rise of modern home decor and the invention of the phrase 'DIY art project gone horribly wrong.'. Fact: These frescoes likely depict a world of vibrant colors and life, unlike the beige walls you'll find in many modern apartments..
- Headline: Understanding Military Intelligence and Civil Authority. Impact: Maj Gen Lane's defense of surveillance paved the way for future governmental overreach, ultimately leading to the invention of the smartphone, where we willingly let Big Brother into our pockets. Thanks, General!. Fact: If you think about it, the Army's role in civil authority is just a fancy way of saying, 'We have a legal right to eavesdrop.'.
- Headline: $65βMillion U.S.Slum Aid Snarled in City Red Tape. Impact: The bureaucratic mess surrounding the slum aid became a case study in inefficiency, inspiring future generations to create even more convoluted red tape. This laid the groundwork for the modern-day ability to achieve absolutely nothing while looking very busy.. Fact: In NYC, red tape is the official language of government, and it has more layers than an onion..
- Headline: Arabs Urge U.N. to Bar Israelis From Building in Occupied Land. Impact: The appeal to the UN ignited a long-lasting debate on land rights that would echo through decades of conflict, resulting in more resolutions than a New Year's Eve party, none of which would solve anything.. Fact: If you stacked all the UN resolutions on this issue, you'd have a tower taller than the Empire State Buildingβand still no one would agree..
- Headline: The Vietnam War From Ward 2βB. Impact: Highlighting the plight of wounded veterans in Vietnam turned public opinion against the war, leading to a surge in anti-war protests and a national obsession with the phrase 'Support our troops' that would echo through historyβoften with questionable sincerity.. Fact: Ward 2-B became infamous, not just for its patients but for being the birthplace of more 'peace and love' slogans than any hippie commune..
- Headline: Personal Finance. Impact: The fight against the proposed end to tax benefits on savings accounts led to a generation of financial advisors who would spend the next few decades inventing increasingly complex ways to save money, eventually leading us to crypto and other wonderfully confusing investment options.. Fact: The Treasury Department's proposals are like that one friend who always has a 'great idea' that never works out but somehow keeps getting invited to parties..
- Headline: Professor Finds Old Hopes Endure. Impact: Professor Frankel's findings about student commitment led to a surge in parental expectations, resulting in the infamous phrase 'back in my day' becoming a staple of family gatherings for generations.. Fact: Students have always been committed to learningβmostly the art of procrastination, but hey, it's a start!.
- Headline: LAG IN ECONOMY HELD CONTINUING. Impact: The Fed's acknowledgment of the continuing economic lag resulted in countless economists developing a new language of buzzwords that would confuse the average citizen and make them think they needed to invest in absolutely nothing.. Fact: The economy is like a roller coaster: thrilling, but you definitely want to hold on tight and scream when it goes down..
- Headline: The Other Pollution β Internal. Impact: The focus on internal pollution triggered a national obsession with organic foods, leading to the rise of kale and the inevitable backlash against gluten, which would dominate food trends for decades. All hail the food police!. Fact: Internal pollution is just a fancy term for 'what you eat when no one is watching.'.
Wall Street Time Machine
INTC
Intel
Intel - If you invested $1,000 in 1971, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1971, it would be worth $590,335 today (590.3x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1971, it would be worth $373,578 today (373.6x return)