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 11, 1971
Full News Archive
- Headline: Nader Takes on GM's Corvair Stability Claims. Impact: Nader's relentless pursuit of the Corvair's flaws led to a domino effect where car safety regulations were tightened. Fast forward a few decades, and we have airbags, seatbelts, and a slew of lawsuits that keep lawyers in business. Thanks, Nader!. Fact: Did you know that the Corvair was so unstable that it could have doubled as a carnival ride? Just kiddingβit's not that fun..
- Headline: Debate on Foreign Loans vs. Domestic Poverty. Impact: Wicker's article questioning loans for impoverished foreign nations could be seen as a tipping point. Years later, the U.S. would become the reluctant banker of the world, with debtors lining up like it's Black Friday.. Fact: Did you know that loaning money to impoverished nations is like giving a kid a credit card? Spoiler: it never ends well..
- Headline: World Bank Circulates Pakistan Study. Impact: The World Bankβs Pakistan study might have been a mere report back then, but it set the stage for U.S. foreign policy shifts that would shape geopolitics for decades. Just think of it as the world's most boring game of chess.. Fact: Did you know that the World Bank has a better poker face than a seasoned gambler? Theyβd make excellent poker players..
- Headline: Omaha Is on the Alert After 4 Nights of Unrest. Impact: Omaha's unrest acted like a pressure cooker, showcasing the consequences of ignoring social issues. Fast forward to today, and those same issues still simmer beneath the surface, occasionally boiling over.. Fact: Did you know that Omaha's unrest involved more tear gas than a high school chemistry lab? Just think of the science fair projects!.
- Headline: Music. Impact: The Pro Arte Festival Chorus and Orch concert plans have contributed to the ongoing appreciation of classical music, reminding us that even in turbulent times, people still find solace in Berlioz. Who knew a bunch of musicians could be so influential?. Fact: Did you know that attending classical concerts is the only acceptable excuse for wearing a tuxedo without being a waiter?.
- Headline: POINT OF VIEW. Impact: Sen. Javitsβ loan guarantee plan discussions have shaped how financial aid is viewedβbecause why help people when you can just give them a loan? This has led to a world where financial literacy is prioritized... or not.. Fact: Did you know that creating a loan guarantee plan is like putting a Band-Aid on a broken leg? It just doesn't fix the problem!.
- Headline: Pennsylvania Group Pushes LindsayβforβPresident Draft. Impact: The Lindsay-for-President draft campaign may have seemed like a local quirk, but it reflects the perpetual cycle of political aspirations that keep Americans entertained (and sometimes bemused). Itβs like watching reality TV but with more suits.. Fact: Did you know that running for president is the ultimate way to get your name in the news? Forget about talent showsβthis is the real competition!.
- Headline: A Retiring Fire Aide Here Succeeded by Rand Official. Impact: The transition of fire protection leadership signifies the importance of continuity in public safety, influencing how cities manage emergencies. Because when the flames are licking at your heels, itβs nice to have someone in charge who knows what they're doing.. Fact: Did you know that becoming a fire chief is the only job where you can literally say, 'Iβm just here to put out fires' and people take you seriously?.
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)