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 24, 1971
Full News Archive
- Headline: Lawn Croquet: A Timeless Community Game. Impact: The resurgence of lawn croquet sparked an unexpected renaissance in genteel hobbies, leading to the creation of exclusive 'Croquet Clubs' that became the breeding ground for future hipster movements. You can thank grandmaβs backyard for the ironic mustache trend.. Fact: Lawn croquet was the original sport for those who couldn't quite commit to the physical exertion of tennis. It's basically the precursor to both brunch and passive-aggressive family gatherings..
- Headline: Philadelphia Bar Tax Controversy. Impact: By refusing to reconsider the bar tax, Philadelphia inadvertently set off a chain reaction that led to the rise of underground speakeasies, which then influenced the entire culture of craft cocktails. Cheers to that!. Fact: Taxing bars is a surefire way to make sure people get creative with their drinking locations. Ever tried a rooftop bar in a parking lot? It's the new trend β just like this tax was the old trend..
- Headline: Exacta Payoff Provokes Fans at Monmouth Park. Impact: The near riot over a low exacta payoff led to the establishment of stricter regulations in horse racing, which ultimately inspired a new reality show called 'Horse Drama,' featuring bets, breakdowns, and way too much emotional investment.. Fact: Only at a horse race can you witness a bunch of people who just lost money turn into a mob faster than you can say 'Betting is the new religion.'.
- Headline: SPAIN SEEKS SUPPLY OF CHOLERA VACCINE. Impact: Spainβs vaccine request triggered a global health awareness that led to the establishment of annual vaccination campaigns, which ironically made people more aware of their own bad hygiene habits. Thanks, cholera!. Fact: Cholera is like that uninvited guest at a party who shows up, drinks all your beer, and leaves a mess. Vaccines are the bouncers we all need to keep such guests away..
- Headline: 14.46% of Fund's Holders Call for Fee Justification. Impact: This shareholder uprising catalyzed a movement towards corporate transparency, sparking an era where investors began demanding to know exactly where their money was going, much like teenagers demanding Wi-Fi passwords.. Fact: If only 14.46% of people were as passionate about their own financial literacy as they are about their favorite Netflix shows. The world would be a much wealthier place, or at least more entertaining..
- Headline: HARRY CHAPIN SINGS GORGEOUS BALLADS. Impact: Chapinβs ballads not only won hearts but also inspired future musicians to pour their souls into their work, resulting in generations of artists crying over their guitars in coffee shops everywhere.. Fact: Harry Chapin's songs were so emotional that even the toughest listeners would sometimes find themselves weeping into their coffee. His lyrics are basically the soundtrack for any existential crisis..
- Headline: HIJACKER TRIPPED A METAL SENSOR. Impact: This incident led to the introduction of more sophisticated security measures at airports, which eventually resulted in the awkward dance we all do at TSA checkpoints β a modern rite of passage.. Fact: Tripping a metal sensor is probably the most dramatic way to get a free pat-down. Next time, just try asking nicely; it might save you a bunch of embarrassment..
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)