Breakthroughs and everyday innovations from the year.
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The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON May 18, 1973
Full News Archive
- Headline: Campaign Funding Limits Proposed. Impact: This campaign finance reform inadvertently led to the rise of super PACs, which are basically like giving candy to a toddler and saying 'just one,' and now we have billionaires playing Monopoly with our democracy.. Fact: Did you know that limiting campaign funds is the political equivalent of putting a speed limit on a racetrack? Spoiler alert: it doesn't really work..
- Headline: Lebanese and Palestinian Guerrillas Unite. Impact: This agreement may have seemed like a small step towards peace, but it inadvertently inspired countless sitcoms where opposing factions find common ground over a shared love of pizza—which sadly wasn’t enough to resolve the actual conflict.. Fact: Isn't it funny how people can agree on everything but still manage to kill each other? That’s the true definition of a dysfunctional relationship..
- Headline: Lonrho Mining's Leadership Challenge. Impact: This corporate power struggle led to a series of boardroom dramas that would make any soap opera envy the amount of backstabbing and intrigue, ultimately resulting in the invention of the phrase 'it's not personal, it's just business'—which is just a euphemism for 'I'm about to screw you over.'. Fact: Fun fact: the term 'corporate takeover' sounds way cooler than it actually is. It's just a fancy way of saying 'someone is about to lose their job.'.
- Headline: Reneging charged on Rights Unit Jobs. Impact: This betrayal of trust led to a revitalization of grassroots movements, reminding us all that when the establishment drops the ball, it’s usually the people who pick it up—and sometimes throw it right back in their faces.. Fact: Isn't it ironic? The government cuts jobs and then expects people to keep trusting them. What a novel concept!.
- Headline: Marijuana Bill Gains. Impact: This bill led to a slow but steady acceptance of marijuana, transforming it from a taboo to a trendy topic, and ultimately inspiring a generation of college students to start their own 'herbal remedies' businesses—because who doesn’t want to be a cannabis entrepreneur?. Fact: Fun fact: The only thing growing faster than marijuana sales is the number of 'Weed is my spirit animal' T-shirts sold online..
- Headline: COUNCIL REPEALS BASE‐RENT PLAN. Impact: This repeal sent shockwaves through the housing market, leading to a series of tenant protests that invigorated the 'Rent Is Too Damn High' party—because who doesn't love a good catchphrase?. Fact: Did you know? The phrase 'base rent' is just code for 'we'd like you to pay more for less.'.
- Headline: Body of One of Two Women Shot At Victoria Falls Is Recovered. Impact: The tragic loss of these tourists drew international attention to the dangers of conflict zones, eventually leading to stricter travel advisories—because nothing says 'fun vacation' quite like a long list of places you should avoid.. Fact: It's heartbreaking to think that a beautiful destination like Victoria Falls is now synonymous with gun violence. Nature really can be a cruel mistress..
- Headline: HEARING IS TOLD THAT MAGRUDER HAD FILE MOVED. Impact: This testimony became a pivotal moment in the Watergate scandal, contributing to a cascade of events that eventually led to a president resigning—a feat that’s still considered a major accomplishment in American politics.. Fact: Fun fact: Watergate was not just a scandal; it was the original reality show, complete with plot twists and an unhappy ending..
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)