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 November 25, 1971
Full News Archive
- Headline: Philip Morris Dividend Increase Announcement. Impact: This seemingly minor financial decision set off a chain reaction of investors frantically searching for their spare change, leading to the invention of pocket calculators. Who knew a cent could spark such technological advancement?. Fact: Did you know that if you'd invested in Philip Morris back then, you'd be scratching your head wondering why you didnβt just buy a lottery ticket instead?.
- Headline: Chrysler Price Rise Approved by Commission. Impact: This approval for price increases led to a nationwide uprising of coupon clippers and bargain hunters, resulting in the birth of extreme couponing shows years later. All hail the power of the coupon!. Fact: Fun fact: Chrysler's idea of 'price rise' is basically what we now call inflation. So, you could say they were ahead of their time in understanding financial pain..
- Headline: Fairbanks Girl's Drug Charges Dismissed. Impact: The dismissal of charges against this girl paved the way for future peer-led initiatives, ultimately inspiring a generation of kids to create their own mock courts, complete with gavel-bearing stuffed animals. Justice served, one plushie at a time!. Fact: Did you know that peer juries are still a thing? Because nothing says 'justice' like a group of teenagers arguing over who borrowed whose homework..
- Headline: NEW POPULIST GROUP CONVENES IN DALLAS. Impact: This gathering of activists was the first domino in a series of movements that led to the rise of social media hashtags like #NotMyPresident. Who knew a meeting in Dallas would revolutionize modern protest culture?. Fact: Did you know that populism is like that trendy diet everyone tries but eventually abandons? Itβs all about the carbs, or in this case, the common man..
- Headline: Diplomat Defends Oil and Gas Policy Set by Venezuela. Impact: This defense of oil policies led to global debates over energy resource management, which eventually resulted in the creation of the phrase 'peak oil'βyou know, just to keep everyone on their toes and panic-stricken.. Fact: Did you know that Venezuela was once considered a model for oil wealth? Now it's the poster child for 'how not to manage your economy'βtalk about a plot twist!.
- Headline: Dispute Nears End As Rhodesia Signs Pact With Britain. Impact: The signing of this pact not only changed the political landscape of Rhodesia but also set the stage for decades of complex relations in Southern Africa. Because nothing says 'we're making progress' like a paper agreement!. Fact: Fun fact: Rhodesia eventually became Zimbabwe, proving that sometimes a name change is all it takes to start fresh. Just ask any teenage girl..
- Headline: Nixon to Meet With Pompidou In the Azores to Discuss Trips. Impact: Nixon's meeting with Pompidou in the Azores sparked an unprecedented wave of diplomatic gatherings, leading to the era of world leaders holding summits in exotic locationsβbecause who doesnβt want to negotiate global issues while sipping piΓ±a coladas?. Fact: Did you know that the Azores are basically the vacation destination for politicians? Just think of all the serious discussions happening between sunbathing sessions!.
- Headline: RUSKIN SAYS DUVAL IS BEING QUESTIONED. Impact: The investigation into DuVal became a cautionary tale for sanitation workers everywhere, leading to the famous saying: 'No one escapes the scrutiny of the cleanliness police!' A true legacy of accountability!. Fact: Did you know that sanitation workers have some of the most dangerous jobs? Itβs not just trash talk; itβs life and death in the world of refuse!.
- Headline: Dollars Dumped in Europe As Speculation Intensifies. Impact: The dollar dump led to a financial frenzy, causing economists to create the term 'currency speculation.' This eventually fueled the rise of finance bros and their love for power ties and questionable investment strategies.. Fact: Did you know 'dumping' is a term that can be used in both finance and dating? Just think about it the next time you see a stock plummet..
- Headline: Prosecutor Calls Henderson Inconsistent. Impact: Hendersonβs trial, with all its inconsistencies, became a prime example for future legal dramas. It paved the way for TV shows that turned courtroom antics into prime-time entertainmentβbecause who doesnβt love a good legal soap opera?. Fact: Did you know courtroom dramas usually exaggerate reality? But hey, at least they give us a reason to yell 'objection!' at our TVs while eating popcorn..
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)