Verified invention milestones and practical breakthroughs associated with the year.
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Popular recordings and roots/country selections associated with the year
HEADLINES ON May 19, 1971
Full News Archive
- Headline: Honecker's Leadership Shift in East Germany. Impact: Honecker's smooth transition inspired countless future politicians to adopt a similar style, leading to a global trend of leaders who think they can charm their way out of accountability. Thanks, Erich, for the rise of the 'political smooth talker' trope!. Fact: Did you know that Honecker once proposed a 'funny hat' day for Politburo meetings to lighten the mood? They stuck to suits instead..
- Headline: Cosmos 420 Takes to the Skies. Impact: The successful launch of Cosmos 420 initiated a series of space race events, eventually leading to a worldwide obsession with space travel and sci-fi movies. Thanks to that satellite, we now have more space-themed coffee mugs than actual space missions.. Fact: Fun fact: Cosmos 420 was actually the backup name for a failed sitcom about astronauts who couldn't get along. Talk about a cosmic disaster!.
- Headline: Nixon's Wage-Price Control Extension. Impact: Nixon's wage-price controls created a temporary illusion of stability, which led to future politicians believing they could control the economy with mere signature magic. Spoiler alert: it didn’t work.. Fact: Did you know that Nixon once tried to control the price of pizza? The resulting 'Pizza Crisis' is still discussed among economists today..
- Headline: Soviet Leaders Urge Revision Of Wholesale Pricing System. Impact: The Soviet leadership’s radical pricing proposal sparked a chain reaction that influenced global economic theories. Who knew that a pricing system could lead to endless debates in coffee shops for decades?. Fact: Did you know that the term 'staggered prices' was originally intended for a dance competition? It just didn’t quite catch on in the economic world..
- Headline: PRESIDENT HAILS BILL ON WELFARE. Impact: Nixon's welfare reforms aimed to boost his approval ratings, inadvertently leading to a generation of politicians who believe that PR stunts are equivalent to actual policy. Surprise! They aren’t.. Fact: Fun fact: Nixon's first draft of the welfare reform bill included a section on mandatory televised speeches. Lucky for us, that was scrapped!.
- Headline: China Transformed by Elimination of ‘Four Olds'. Impact: The cultural revolution led to a generation that valued radical change, eventually resulting in the rise of hipster culture. Thanks, Mao, for giving us the ultimate irony of old customs being replaced by 'new old customs'!. Fact: Did you know that the Red Guards once tried to eliminate old music, but ended up creating the world's first playlist of terrible elevator music?.
- Headline: United Presbyterian Church Calls Inquiry Into Lay Group. Impact: The inquiry into the lay group's defiance sparked debates within religious communities that continue to this day. Who knew church politics could rival the drama of a soap opera?. Fact: Did you know that the Presbyterians once considered a reality show called 'Keeping Up with the Laymen'? It never aired, but the drama was high!.
- Headline: 74 Oriental Jewish Protesters Arrested in Jerusalem Clash. Impact: The clashes in Jerusalem highlighted ethnic tensions that would lead to ongoing conflicts, proving that protests rarely lead to peaceful resolutions, but they do make for great headlines.. Fact: Did you know that the police were actually trying to catch a runaway goat during the protests? The goat became an unofficial mascot for peace..
- Headline: Houston Seeks 72 Parleys. Impact: Houston's offer of funds for political conventions paved the way for the modern-day circus known as political fundraising. Thanks for the chaos, Houston!. Fact: Fun fact: The $350,000 could have funded an entire year’s worth of top-notch BBQ, but instead, it went to political debates that were just as spicy!.
- Headline: Education Board Hears Public On Curbing Violence in Schools. Impact: The discussions on curbing school violence set the stage for endless meetings on education reform, leading to an era of policy changes that often forgot the importance of actual education. Thanks for the irony!. Fact: Did you know that one proposed solution was to replace textbooks with calming cat videos? It didn't catch on, but it was a purr-fect idea!.
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)