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 January 10, 1973
Full News Archive
- Headline: Juror Dismissed Over Patriotic Phrase. Impact: The juror's patriotic phrase sparked a nationwide debate on the definition of patriotism, leading to a series of 'Patriotism Courses' being introduced in schools that ultimately caused a spike in the sale of American flag-themed merchandise.. Fact: Using 'the Government, right or wrong' is the official slogan for the National Association of People Who Can’t Make Up Their Minds..
- Headline: Treatment of U.S. Prisoners in Hanoi. Impact: The treatment of U.S. prisoners during the Vietnam War led to an unexpected backlash that inspired a wave of anti-war protests, which unintentionally created the modern-day 'Save the Duck' movement, proving that even ducks can be catalysts for change.. Fact: The B-52 bombers were actually named after the popular 1950s hairstyle, proving that even in war, fashion choices can lead to explosive consequences..
- Headline: Nevele Owners Convicted Of Income‐Tax Evasion. Impact: The conviction of the Slutsky brothers for tax evasion led to an increased scrutiny of tax laws, which eventually resulted in the invention of TurboTax, changing the face of tax season forever—now you can feel guilty about your finances from the comfort of your couch.. Fact: If only the Slutsky brothers had invested their tax evasion efforts into a legitimate business, they might have started the first-ever 'Honest Tax Evasion Consultant' agency..
- Headline: Gas Industry's Price View Is Opposed by F.P.C. Aide. Impact: The FPC's decision to allow LNG imports inadvertently set off a chain reaction leading to the development of a 'Gas Shortage Olympics,' where countries compete to see who can come up with the most creative gas-saving strategies.. Fact: In an ironic twist, the very gas that was supposed to ease shortages is now being imported at prices that could fund a small country’s space program..
- Headline: Corporate Bond Rates Continue to Climb. Impact: The rise in corporate bond rates led to a panic among investors, who suddenly became obsessed with collecting vintage bonds, creating a new trend of 'Bond Collecting' that had absolutely nothing to do with James Bond.. Fact: The only thing more volatile than corporate bond rates is trying to explain what a corporate bond actually is at a dinner party..
- Headline: Advertising: Winchester Recoil. Impact: The launch of Ad-Cology marked the beginning of a new era where public spaces became ad spaces, leading to a future where even the pigeons in Central Park start charging for their cooing services.. Fact: If trash cans can sell ad space, just wait until you see the billboard on the side of your neighbor's house begging for donations to fix their lawn..
- Headline: Airport Workers Say Music Hath No Charms. Impact: The Heathrow Airport workers' strike threat over piped-in music sparked a global movement in airport acoustics, resulting in silence zones that ultimately caused severe confusion among travelers who mistook them for meditation retreats.. Fact: The union's demand for silence is ironic; have they ever tried to get a flight announcement over the sound of a baby crying?.
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1973, it would be worth $185,625 today (185.6x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1973, it would be worth $200,926 today (200.9x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1973, it would be worth $2,433,689 today (2433.7x return)