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HEADLINES ON February 28, 1973
Full News Archive
- Headline: Lansky's Testimony in Grand Jury Case. Impact: Lansky's testimony may have inadvertently inspired an entire generation of conspiracy theorists who think that grand jury summonses are just government attempts to get more people into travel. You're welcome, internet!. Fact: Did you know that Meyer Lansky was a key figure in the development of the Las Vegas casino industry? So, in a way, his health concerns helped shape the landscape of modern-day gambling. Thanks, doc!.
- Headline: METHODIST GROUP SUPPORTS GARELIK. Impact: The endorsement of Garelik led to a surge in political endorsements from religious groups, ultimately leading to the rise of the phrase 'God's candidate' in American politics—because who doesn’t want divine approval?. Fact: Did you know that endorsements in politics often resemble high school popularity contests? Just wait until you see the prom queen of endorsements!.
- Headline: P.S.C. Suggests Con Ed Pay for Blackout Losses. Impact: The recommendation for Con Ed to pay for blackout losses resulted in a thrilling new genre of 'Electricity Horror Stories' where people recounted their traumatic experiences during blackouts. Thanks for the nightmares, PSC!. Fact: Did you know that in New York City, blackouts often lead to spontaneous street parties? Who knew darkness could be so much fun?.
- Headline: RIGHTS BILL VOTED BY ARKANSAS HOUSE. Impact: This rights bill's passing was the genesis of state-level civil rights commissions, which sparked countless debates over what 'civil rights' actually means. Spoiler alert: It's still being debated!. Fact: Did you know that creating a commission with no enforcement authority is like giving a kid a toy with no batteries? All the fun, none of the power!.
- Headline: College Student Shot and Charged as a Mugger. Impact: The shooting of M King turned into a sensational story that inspired countless movies about the 'mugger turned hero' trope. Because nothing says 'Hollywood' like a good redemption arc, right?. Fact: Did you know that muggings have been the inspiration for some of the most ridiculous plot twists in film history? Poor M King probably never saw that coming!.
- Headline: 4 Democratic Governors Assail Nixon's Revenue‐Sharing Policy. Impact: The governors' criticism of Nixon's revenue-sharing policy eventually led to a national conversation about fiscal responsibility that resulted in more budget meetings than anyone cares to count. The thrill of democracy in action!. Fact: Did you know that government meetings often last longer than the average marriage? At least in this case, the topic was interesting enough to keep them awake!.
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)