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 8, 1971
Full News Archive
- Headline: Chinese Diplomat Returns After Paris Incident. Impact: Chung Shi-jungβs flight home was the catalyst for a series of increasingly ridiculous travel mishaps across the globe. Had he not flown, airline safety regulations might not have been taken so seriously, resulting in a world where flights routinely included complimentary parachutes.. Fact: Did you know that flying home after a scandal doesnβt usually involve a personal jet and a full media entourage? But hey, who doesnβt love a dramatic exit?.
- Headline: Rise in Poverty: A 1970 Setback. Impact: The rise in poverty led to the creation of an underground barter economy where people exchanged cats for bread. This ultimately resulted in a cat surplus, leading to the Great Cat Rebellion of 1983.. Fact: Congrats on the 5% rise in poverty! Because nothing says 'progress' like more people in need. Well done, society..
- Headline: U.S. Assures Israel on Suez Withdrawal. Impact: This assurance led to an unexpected chain reaction where countries began making assurances over increasingly trivial matters, like promising to bring snacks to the next international summit, which has since downgraded global diplomacy to snack diplomacy.. Fact: Did you know that diplomatic assurances are just like pinky promises but with more paperwork and less sincerity? Exactly what the world needed!.
- Headline: State Senate Votes to Cut Penalties for Marijuana. Impact: The reduction in penalties for marijuana inspired a nationwide trend of 'potluck' dinners, where everyone brought their favorite snacks and everyone forgot who brought what. This led to the Great Munchies Crisis of 1975.. Fact: Wow, cutting penalties for marijuana! Because nothing says 'responsible governance' like making it easier for people to enjoy their herb while debating the meaning of life at 2 AM..
- Headline: Newark Paper Raises Price. Impact: The price hike for the Newark paper sparked an underground movement of paper thieves. This created a black market for newspapers, leading to the invention of the first 'news subscription box'βa precursor to modern subscription services.. Fact: Raising paper prices? What a bold move! Because nothing screams 'financial crisis' like a newsstand that costs more than a cup of coffee. Bravo!.
- Headline: Concert in Drag By Alice Cooper, A Boy and Band. Impact: Alice Cooperβs drag concert opened the floodgates for all sorts of wild performances, leading to a bizarre trend where rock stars started dressing like historical figures, causing confusion at history classes everywhere.. Fact: Did you know that Alice Cooperβs concerts are basically the original TikTok? Just a mix of shock, awe, and a lot of confused parents wondering what happened to rock music..
- Headline: Pakistani Press Is Warned On βIrresponsibleβ Reports. Impact: The warning against irresponsible reporting made journalism slightly more responsible, which caused a temporary spike in actual facts being reported. This anomaly prompted a government investigation into the possibility of a parallel universe.. Fact: Ah, warning the press! Because nothing says 'freedom of speech' like a government reminding you to play nice. Next up: a warning to the weather channel about overhyping storms!.
- Headline: JOBLESS LEVEL UP SLIGHTLY IN APRIL; NEGRO RATE RISES. Impact: The slight rise in joblessness was the first ripple in a massive wave of memes about unemployment, leading to a generation of professional 'unemployed influencers' who made millions from their couch.. Fact: Congratulations on a slight uptick in joblessness! Truly, the silver lining here is the emergence of 'couch-surfing' as a legitimate career path. Who needs jobs when you have TikTok?.
- Headline: Peoria Ill.: Jobs Oasis in a Period of Recession. Impact: Peoriaβs resistance to recession made it the go-to spot for job seekers, leading to an influx of hipsters who mistakenly thought it was an up-and-coming tech hub, thus altering the cityβs coffee culture forever.. Fact: Peoria: the city that survived recession! Because when life gives you lemons, you make lemonade... or maybe just a really strong cup of coffee..
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)