Breakthroughs and everyday innovations from the year.
HEADLINES ON June 20, 1972
Full News Archive
- Headline: Short-Term Loan Rates Anticipated to Rise. Impact: Little did the world know, the slight increase in short-term loan rates would lead to a chain reaction of people hoarding cash, causing a temporary spike in the popularity of piggy banks. Banks had to hire security just for the influx of ceramic swine.. Fact: In the time it takes to read this headline, you could have calculated how much money you've wasted on overpriced lattes instead of investing in short-term loans!.
- Headline: Sihanouk's Diplomatic Journey. Impact: Sihanouk's travels could be viewed as a butterfly flapping its wings in Asia, leading to decades of geopolitical drama that culminated in a Cambodian civil war and a lot of confused history students.. Fact: Norodom Sihanouk was not just a king but also dabbled in filmmaking! So, if you think politics is a drama, wait until you see his cinematic masterpieces..
- Headline: McManus Family's Legacy in Hell's Kitchen. Impact: As the McManus family shifted their political strategies, it inadvertently inspired countless political dynasties to focus on family reunions instead of actual governance. Who knew nepotism could be so... familial?. Fact: The McManus family has more skeletons in their closet than a Halloween store. But hey, at least they're keeping it in the family!.
- Headline: Prince Visits Aircraft Plant. Impact: The prince's visit to the aircraft plant led to an unexpected surge in interest for military-grade model airplanes among children, resulting in an entire generation of kids who dreamt of flying but ended up just crashing their paper planes.. Fact: Prince Sultan Ibn 'Abd al-'Aziz was not just a prince but also had a knack for aviation. If only he had invented drones, maybe we'd have fewer delivery issues today!.
- Headline: ALIOTO ACQUITTAL ORDERED BY JUDGE. Impact: Alioto's acquittal set a precedent that would lead to a series of legal loopholes that politicians would exploit for decades, ultimately culminating in the phrase 'It's not illegal if you don't get caught.'. Fact: Bribery, mail fraud, and conspiracy? Sounds like a Tuesday at the office for some politicians! Welcome to the real-world version of 'Suits'!.
- Headline: A.M.A. CHIEFS ASK EASED DRUG LAWS. Impact: The AMA's proposal to ease drug laws inadvertently sparked a hippie revival, with flower children across the nation waving their peace signs and shouting 'Make love, not jail time!'. Fact: If the AMA had their way back then, we might have seen a future where doctors prescribed weed instead of just writing prescriptions for overpriced pharmaceuticals. Talk about a different kind of 'high'!.
- Headline: 12 U.S. Journalists Chosen by Harvard As Nieman Fellows. Impact: The Hataye couple's complaints about rising prices led to a sudden spike in DIY home economics classes, turning the average Japanese household into a mini-economic think tank. Who knew budgeting could be so trendy?. Fact: Rising prices have been a complaint since the dawn of civilization, yet here we are, still trying to figure out how to stretch a dollar further than a rubber band in a toddler's hands!.
- Headline: Japanese White‐Collar Couple Complain of Rising Prices and Tell How They Try to Make Ends Meet.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1972, it would be worth $343,942 today (343.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1972, it would be worth $269,286 today (269.3x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1972, it would be worth $292,010 today (292.0x return)