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 September 4, 1971
Full News Archive
- Headline: Moscow's Critique of Chinese Policies. Impact: This fiery exchange sparked a secret game of chess between the USSR and China, leading to the creation of overly dramatic spy novels and questionable fashion choices in the 80s. Who knew diplomatic barbs could influence the world of literature and style?. Fact: Did you know that the only thing that could rival the tension between the USSR and China was the fashion choices of the time? Think fur hats and polyester suitsβtruly terrifying..
- Headline: Nixon's Policy Shift on Excess-Profits Tax. Impact: Nixonβs rejection of the excess-profits tax led to corporate America believing it could do no wrong, planting the seeds for future corporate bailouts and the phrase 'too big to fail'βa real crowd-pleaser at dinner parties.. Fact: Fun fact: Nixon's idea of economic policy was about as sound as a lead balloon. But hey, at least he didn't ask for a tax on bad ideas!.
- Headline: Notes on People. Impact: Kosyginβs visit to Denmark inadvertently led to an increase in people wearing wooden shoes and eating pastries, spurring a cultural exchange that baffled historians for decades. The real winner? The Danish pastry industry.. Fact: Did you know that Denmark and the USSR had a brief romance before officially opting for a friendship that involved a lot of awkward silence and pastry sharing?.
- Headline: MOVIE LABOR TALKS SET TO RESUME HERE. Impact: These talks set the stage for future blockbuster films, proving that if you want to make a movie, you first have to negotiate like itβs a hostage situation. Hollywood magic, or just a lot of paperwork?. Fact: Did you know that the last time labor talks were this intense, they resulted in a movie about a talking dog? Yeah, Hollywood really knows how to leverage negotiations..
- Headline: Argentina Returns Body of Eva Peron To Exiled Husband. Impact: This act of returning Eva Peronβs remains set in motion a series of political and cultural reckonings in Argentina, leading to a renaissance of interest in her legacy, which still influences politics and feminism today.. Fact: Eva Peron's life and legacy were so iconic that her return sparked more debates than a family Thanksgiving dinnerβeveryone has an opinion on her!.
- Headline: Police Launch Is Named After Slain Detective. Impact: The dedication of this police launch not only honored Detective Pollins but also inspired countless movies and TV shows depicting heroic cops, proving once again that tragedy sells tickets.. Fact: Did you know that naming boats after fallen heroes has become a trend? Because if you can't bring them back, at least you can float their memory around in style..
- Headline: BRIDGEPORT STUDY IS BEGUN BY F.B.I.. Impact: This investigation led to the rise of civil liberties movements, proving that sometimes it takes a broken camera for the world to wake up and realize injustice is, well, a thing.. Fact: Did you know that the FBI once thought their biggest problem was catching criminals? Turns out, it was actually public relations..
- Headline: Rogers Says U.S. Accepts Thieu Decision on Election. Impact: By accepting Thieu's one-man election, the U.S. inadvertently opened the floodgates for future questionable elections worldwide, paving the way for political systems that resemble reality TV shows more than democracy.. Fact: Fun fact: The term 'democracy' was redefined to include anything that remotely resembles a selection of leaders, even if it involves a contestant elimination round!.
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)