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HEADLINES ON May 5, 1973
Full News Archive
- Headline: Restoring Confidence in Watergate Inquiry. Impact: Petersen's desire for a special prosecutor eventually triggered a chain reaction leading to Congress's deep scrutiny of executive power. Fast forward a few decades, and now we have reality TV stars running for office. Thanks, Watergate!. Fact: Did you know that public confidence in the justice system is about as stable as a house of cards in a windstorm? Spoiler: it blew down..
- Headline: Dispute Over Watergate Rumors. Impact: The dispute between Mrs. Nixon's aide and Mrs. Mitchell ignited a rivalry that led to the creation of an entirely new genre of gossip columns: 'Political Backstage Drama.' Who knew the White House had more backstabbing than a medieval court?. Fact: Fun fact: This argument was the precursor to many future scandals, which would ultimately lead to the invention of the phrase 'political drama' and countless reality shows..
- Headline: Illinois Blocks Equal Rights Amendment Vote. Impact: Rejecting the Equal Rights amendment in Illinois created a ripple effect that ensured debates on gender equality would continue for decades. Who knew that denying rights could be so popular?. Fact: Did you know that the Equal Rights Amendment still hasn't been ratified? Apparently, some people think equal rights are overrated..
- Headline: GRAND JURY DATA. Impact: Hunt's testimony led to a series of events that would eventually inspire countless conspiracy theories about government overreach. Thanks to this, everyone now thinks their neighbor is an undercover agent.. Fact: Did you know that this grand jury testimony was about as shocking as realizing your favorite pizza place uses store-bought dough?.
- Headline: College President Honored. Impact: O'Connell's award might have seemed minor at the time, but it set a precedent that academic freedom is worth fighting for, ultimately influencing countless protests and movements in the coming years. Who knew that one award could fuel a revolution?. Fact: Fun fact: This award is so prestigious that it almost sounds like an award for just being a decent human being. Shocking, I know!.
- Headline: House Foreign"Travel Report Cites 7 Area Representatives. Impact: The call for a special prosecutor to tackle Watergate showed that Congress could actually get things done... eventually. It also laid the groundwork for a future where politicians could blame 'the system' for their failures.. Fact: Did you know that the only thing more consistent than calls for reform in Washington is the politicians' ability to ignore them? Classic!.
- Headline: Kennedy Says U.S. Must Save Honor in Leadership '. Impact: Kennedy's insistence on saving 'honor' in leadership ironically led to the loss of honor in leadership for generations. Who knew that the fight to save face would lead to a complete faceplant?. Fact: Fun fact: The phrase 'saving honor' has been used so many times in politics that it should probably be trademarked..
- Headline: Wright Show Tells of the Wranglesin Creation of a Landmark House. Impact: Wright's exhibition established the importance of architectural integrity, which led to a modern appreciation for design. Now, everyone thinks they can spot a good building from a mile away—spoiler: they can't.. Fact: Did you know that Frank Lloyd Wright's designs were so ahead of their time that they could probably be mistaken for alien architecture?.
- Headline: Muscovites Don't Know Our Mayor, or Theirs. Impact: Lindsay's tour of Moscow showcased cultural exchange, which ultimately led to Americans believing they could understand Russian politics. That didn't go so well, did it?. Fact: Fun fact: It's said that Lindsay left Moscow thinking he could run for president, but he just ended up being a footnote in history instead..
- Headline: Highland Falls Schoolli y Runs 2 Miles in 9:04.2 for a Record. Impact: The record-breaking run at the NY Interscholastic Relays became a benchmark for future athletes, leading to a generation obsessed with beating records instead of just enjoying the sport. Thanks, pressure!. Fact: Did you know that running fast is like a metaphor for life? You either sprint to the finish or trip over your own shoelaces..
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)