Breakthroughs and everyday innovations from the year.
HEADLINES ON August 9, 1971
Full News Archive
- Headline: Nixon's Fundraising Dinners on Nov. 9. Impact: The $400-a-plate dinners sparked a nationwide trend of overpriced political fundraisers, leading to the rise of the term 'dinner diplomacy.' Fast forward to today, and we've got billionaires throwing $10,000 brunches just to hear their favorite politician mumble about tax cuts.. Fact: Did you know that for the price of one plate at this dinner, you could buy a small, slightly used car? Priorities, right?.
- Headline: Welfare Study Reveals Ineligible Recipients. Impact: This revelation triggered a series of welfare reforms and debates that would echo through the decades, ultimately influencing everything from food stamps to the stigma around welfare. Meanwhile, the 60,000 'ineligible' folks just wanted to buy snacks.. Fact: Fun fact: This study led to more paperwork than a tax season, proving that bureaucracy can outlast any scandal..
- Headline: U.S. Jets Target North Vietnam Positions. Impact: This attack was part of a long line of military actions that would eventually contribute to a war-weary nation, leading to the rise of anti-war protests. Who knew a little 'protective reaction' could lead to decades of social upheaval?. Fact: Did you know 'Protective Reaction' sounds like a term for a bad breakup? 'It's not you, it's my protective reaction kicking in.'.
- Headline: YOUTH VOTE DRIVE SLOWED IN TEXAS. Impact: The resistance to this youth vote drive ironically inspired a generation of young activists, who now make hashtags out of their frustrations, because nothing says 'I care' like a trending Twitter topic.. Fact: Fun fact: The youth of today are still trying to register to vote, but now they just do it from their phones while sitting on the couch. Progress?.
- Headline: βTime, Gentlemen,β Asks A Committee of Lords. Impact: The House of Lords' recommendation for clocks led to the modern age of parliamentary efficiency β or at least the illusion of it β ultimately inspiring future politicians to actually consider the time they spend droning on.. Fact: Did you know the House of Lords still doesn't have a time limit? Apparently, they believe that the longer they talk, the more wisdom they impart. Spoiler: Not always true..
- Headline: Welcome at Airport. Impact: This event marked a moment when international politics and local sentiments collided, setting the stage for future diplomatic visits to be fraught with passionate welcomes and protests. Today, you can still feel the tension at airport terminals worldwide.. Fact: Fun fact: Nowadays, welcoming committees come with signs and selfie sticks, because nothing says 'we love you' like a selfie with a dignitary..
- Headline: Iraq Forms Unit on Babylon. Impact: The effort to reconstruct Babylon initiated a revival of interest in ancient cultures, leading to a global obsession with archaeology that has resulted in countless documentaries and a booming market for replica artifacts. Because who doesnβt want a tiny Babylon on their bookshelf?. Fact: Did you know that Babylon was once a major city? Now itβs mainly known for being a favorite setting in history books and the occasional video game..
- Headline: Coast Policemen Acquitted In Slaying of 2 Mexicans. Impact: The acquittal of these policemen would serve as a catalyst for discussions on police accountability and race relations that continue to resonate today. The ripples from this event would eventually contribute to movements demanding justice and reform.. Fact: This case is a stark reminder of how justice isn't always served, and it often sparks debates that echo through generations. It's like a bad sequel that just keeps coming back..
- Headline: Malaysian Guerrillas Sought. Impact: The Malaysian government's hunt for guerrillas highlighted the broader Cold War tensions, setting the stage for international intrigue and espionage that would inspire countless spy novels and movies. Who knew guerrillas could be such a box office hit?. Fact: Did you know that real-life guerrilla warfare strategies often inspired cinematic plots? Because nothing sells tickets like a little chaos..
- Headline: 3 Democrats in New Hampshire Stress Economics. Impact: The focus on economics over war foreshadowed a political shift where money matters began to overshadow moral issues, paving the way for today's campaigns that seem to care more about dollars than human lives.. Fact: Did you know that stressing economics is basically political code for 'we're avoiding the real issues'? It's like saying you care about the environment while driving a gas guzzler..
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)