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 July 1, 1971
Full News Archive
- Headline: Pressure for Reforms in Saigon. Impact: This pressure for reforms led to a series of increasingly desperate attempts to gain control over Vietnam, which eventually resulted in a whole new career path for conspiracy theorists who now speculate about government secrets like itβs a new Netflix series.. Fact: Did you know that the only thing more convoluted than U.S. foreign policy in Vietnam is the plot of a daytime soap opera?.
- Headline: California Legal Aid Project Exonerated. Impact: This report not only cleared the California Legal Aid Project but also unwittingly fueled the fire for political drama, as Ronald Reaganβs administration learned the hard way that picking fights with legal aid groups is like poking a bearβjust because you can, doesnβt mean you should.. Fact: Fun fact: The only thing more persistent than legal aid projects is the stubbornness of critics who never seem to run out of things to complain about..
- Headline: Insights from the McNamaraβTaylor Mission. Impact: The findings of this report shaped U.S. military strategy for years to come, leading to a series of questionable decisions; in a parallel universe, McNamara and Taylor are now selling self-help books on 'How to Avoid Major Mistakes in Foreign Policy'.. Fact: Did you know that McNamaraβs middle name is 'Regret'? Just kidding, but it might as well be..
- Headline: Bundy's Reply on Coup Hazards. Impact: Bundyβs cautioning about coup hazards inadvertently led to an entire genre of political thrillers, where the line between fact and fiction is so blurred that you might as well call it a documentary.. Fact: Did you know that 'coup hazards' is also the name of a very unpopular board game? Just kidding, itβs actually just real life..
- Headline: CHOU TIES U.N.SEAT TO TAIPEI'S OUSTER. Impact: Chou En-laiβs ultimatum set the stage for decades of geopolitical chess, where every piece moved could either lead to world peace or a game of 'Who Can Take the Most Selfies with World Leaders'.. Fact: Did you know that getting a permanent seat on the UN Security Council is like trying to get into an exclusive nightclub? It's all about who you know, not what youβve done..
- Headline: THE STATES RATIFY FUEL VOTE AT 18. Impact: This amendment allowed teenagers to vote, which resulted in the unexpected rise of young people arguing passionately about politics on social mediaβwho knew democracy could lead to TikTok debates?. Fact: Fun fact: The most common reaction of 18-year-olds after voting is still 'Wait, what did I just do?'.
- Headline: Lodge Response to Bundy On Letting Coup Plan Proceed. Impact: This response contributed to the never-ending saga of U.S. involvement in Vietnam, leading future generations to wonder if 'coup' was just a fancy term for 'oops'.. Fact: Did you know that in the history of political responses, this one was almost as popular as a cat video on the internet?.
- Headline: Proposed Connecticut Ad Tax Is Facing Challenge. Impact: The proposed ad tax became an epic battle between lawmakers and advertisers, resulting in a series of negotiations that could only be described as the world's dullest reality TV show.. Fact: Fun fact: The only thing less popular than this proposed tax was the idea of watching paint dryβat least paint doesnβt fight back..
- Headline: J. H. ROSENBERG, BANKER, 89, DIES. Impact: Rosenbergβs passing marked the end of an era in banking, leading to a ripple effect in financial institutions that ultimately shaped the future of banking regulations and practices.. Fact: Did you know that J.H. Rosenbergβs financial acumen was so sharp, it was rumored he could balance a checkbook in his sleep? Respectfully, of course..
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)