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 22, 1972
Full News Archive
- Headline: Romania's Bid for World Bank Membership. Impact: Romania's entry into the World Bank set off a chain reaction that would eventually lead to a worldwide obsession with bureaucratic red tape, inspiring countless memes about the inefficiency of international organizations.. Fact: Fun fact: ‘Rumania’ is just a fun way to spell ‘Romania’ when you want to sound extra fancy at parties..
- Headline: Fed Reports Surge in Money Growth. Impact: This innocuous report laid the groundwork for the future obsession with money supply metrics, ultimately leading to the creation of an entire subculture of economists who can debate inflation rates at parties—what a thrill!. Fact: In other news, the average person still doesn't know what 'money growth' actually means, but it sounds important, right?.
- Headline: McGovern Aide Resigns. Impact: This resignation was a pivotal moment in political infighting that paved the way for the modern art of backstabbing in politics—leading to the classic phrase, 'It's not you, it's me' being used in campaign strategies.. Fact: C. Tighe's resignation highlights the importance of consulting aides—because clearly, nothing says 'trust' like ignoring the people who work for you..
- Headline: UGANDA'S CAPITAL IN AGITATED MOOD. Impact: The unrest in Uganda contributed to the long-term instability in the region, shaping global perceptions of African politics and leading to a slew of documentaries that make you wonder why anyone ever thought it was a good idea to invade a country.. Fact: Kampala's agitated mood was nothing compared to the actual chaos that would ensue—like a bad sequel no one asked for..
- Headline: Mrs. Nixon Names Building In Honor of Mother‐in‐Law. Impact: This building dedication marked the beginning of the 'honorary naming' trend that would eventually lead to statues of questionable figures being erected in public parks—because we all need reminders of our in-laws, right?. Fact: Because nothing says 'I love you' like a building named after your mother-in-law. What’s next? A holiday?.
- Headline: LOCAL GOVERNMENTS GET WAGE CONTROLS. Impact: This decision initiated a bureaucratic nightmare that would lead to the rise of ‘government worker salary debates,’ which became the favorite pastime of bored politicians—who knew wage controls could be so thrilling!. Fact: Local governments getting wage controls is like a parent telling their kids to share their toys—nobody's happy, but at least it looks good on paper!.
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)