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HEADLINES ON April 11, 1973
Full News Archive
- Headline: Kleindienst Expands Executive Privilege Definition. Impact: If Kleindienst had not widened the definition of executive privilege, we might have witnessed Congress actually holding a president accountable for once. Imagine that! Instead, it paved the way for a future where everyone could just hide behind the 'executive privilege' curtain like it's a cozy blanket.. Fact: Did you know that the term 'executive privilege' sounds way cooler than it really is? It's basically just a fancy way of saying, 'I'm not telling you anything!'.
- Headline: $2.30 Minimum Wage Proposal Journey. Impact: Opposing minimum wage for domestic workers? That decision might just be the reason why we have so many self-serve apps today. Because who needs a living wage when you can just swipe right on your tasks?. Fact: Fun fact: If we had actually paid domestic workers a minimum wage back then, we might have had fewer reality TV shows about rich people doing nothing. But alas, here we are..
- Headline: The Next President of Israel Ephraim Katchalski. Impact: Katchalski's name change to Katzir might have been a small step for him, but it sent ripples through history, leading to a future of politicians realizing that rebranding is key! Who knew a name could be such a game changer?. Fact: Ephraim Katchalski changing his name is a reminder that in politics, sometimes a rebrand is all you need. No wonder we keep seeing new faces with old problems!.
- Headline: Rhodesia Imprisons Briton In Plot Involving Students. Impact: Niesewand's imprisonment could have inspired a new generation of journalists to embrace the 'sneaky' art of reporting. Who knew that being locked up could be a career motivator?. Fact: In Rhodesia, getting a sentence for journalism is like winning the lottery—except instead of cash, you get hard labor. Yay for journalism!.
- Headline: New Constitution is Approved by Pakistan's Assembly. Impact: The adoption of Pakistan's new constitution was like a political game of musical chairs, where everyone was forced to keep moving until the music stopped. And while some claimed victory, others just ended up standing awkwardly.. Fact: Pakistan's constitution is like a family recipe—everyone adds their own special ingredient, and sometimes it just ends up tasting a bit weird..
- Headline: Ted Gross Admits He Accepted Bribes. Impact: Ted Gross's admission might have inspired countless others in public service to rethink their career paths. After all, if bribery were a legitimate job title, we’d see it on LinkedIn!. Fact: Admitting to bribes is sort of like confessing to eating the last cookie. It might feel good to get it off your chest, but everyone still thinks you're a little shady..
- Headline: M'GOVERN URGES BETTER REFORM. Impact: McGovern's push for reforms could have been the spark that ultimately led to endless party debates over the years about how to actually improve things, resulting in just more talk and no action. Classic politics!. Fact: Proposing reforms in politics is like suggesting a diet at a buffet. Everyone nods, but no one is really going to change anything..
- Headline: Specialists Caution Legislators. Against Isolating the Drug Problem. Impact: This warning could have been the turning point for a more holistic approach to societal issues. Unfortunately, it only took a few decades for everyone to realize that treating symptoms without addressing causes is a total disaster.. Fact: Isolating the drug problem is like trying to fix a leaky roof while ignoring the fact that your house is on fire. Good luck with that!.
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)