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The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON May 15, 1971
Full News Archive
- Headline: Brezhnev's Proposal for NATO Negotiations. Impact: Brezhnev's call for negotiations led to an awkward game of diplomatic ping-pong that resulted in the Cold Warβs longest staring contest, where neither side blinked until they accidentally invented the fidget spinner.. Fact: Fun Fact: The Cold War was mostly just a series of intense poker games between superpowers, where nobody really knew the rules but everyone was convinced they were winning..
- Headline: Lindsay's Job Cuts Upheld by NYS Supreme Court. Impact: This job cut decision opened the floodgates for cities to think they could balance budgets on the backs of the poor, leading to future mayors claiming they were 'just following the trend' while secretly trying to impress their accountant.. Fact: In an ironic twist, job cuts often lead to more jobs being created... in the 'Unemployment Office' sector..
- Headline: BASEL BANK SETS CREDITOR ACCORD. Impact: The Basel Bankβs creditor accord set a precedent for financially creative solutions, paving the way for future banking practices that would eventually contribute to the 2008 financial crisisβbecause who doesnβt love a good financial cliffhanger?. Fact: Fun Fact: The term 'creditor' comes from the Latin 'credere', meaning 'to believe', which is ironic because banks rarely believe in anything except their own fees..
- Headline: SUIT IS PLANNED ON POLICE SPIES. Impact: The lawsuit against police spies ignited a wave of public awareness that led to the creation of 'Operation: Transparency,' resulting in a future where everyone thought they were being watched, causing an uptick in questionable selfies.. Fact: Did you know that undercover police work inspired countless crime dramas, leading to a cultural phenomenon where viewers thought they understood law enforcement better than actual cops?.
- Headline: Baptist Convention Elects Seattle Woman President. Impact: The election of a woman as president of the Baptist Convention was like a stone dropped in a pond, creating ripples that eventually led to a future where women could run for any position, including President of the United Statesβsorry, boys!. Fact: Fun Fact: The first woman to be elected president of a major religious denomination was actually just trying to prove that women can multitask even better than menβwho knew?.
- Headline: Canada Records a Surplus In Her Balance of Payments. Impact: Canadaβs balance of payments surplus led to a newfound confidence in their economy, resulting in the Canadian government accidentally inventing the phrase 'Sorry, not sorry' as they cozied up to global trade.. Fact: Did you know that a balance of payments surplus means more money coming in than going out? Kind of like your friend who keeps borrowing money but never pays you back..
- Headline: NIXON UNIT BACKS A 12% WAGE PACT. Impact: The Nixon administrationβs wage pact was the beginning of a trend where politicians would promise the moon but deliver a handful of dust, setting the stage for future wage negotiations that would make everyone feel slightly cheated.. Fact: Fun Fact: Wage pacts are like New Yearβs resolutionsβeveryone agrees to them, but come February, no one can remember what they were supposed to do..
- Headline: Louisville Beckons to G.O.P.. Impact: Louisvilleβs bid for the Republican Convention was the first step towards the city being recognized as a major player in political tourism, which eventually led to a town where the only thing more common than bourbon is a politician on a soapbox.. Fact: Did you know that cities campaigning for political conventions often promise more than they can deliver? Kind of like a first date gone wrong..
- Headline: They're Working Up From Rock Bottom. Impact: The rise of an all-girl rock group not only shattered gender norms but also led to a future where even grandma can shred on a guitar while complaining about the youth of today.. Fact: Fun Fact: The first all-girl rock band was called 'The Runaways', which proves that girls can run the worldβand the stageβmuch faster than boys can keep up..
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)