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HEADLINES ON July 19, 1973
Full News Archive
- Headline: Teamsters and UFW Dispute Resolution Efforts. Impact: Chiang's 'cured' patients went on to become the world's most confusing medical case studies, leading to decades of debate about alternative medicine. Who knew that a little bit of charisma could make people forget about actual science?. Fact: In the 1970s, acupuncture became a popular trend among Western celebrities, proving that sometimes, fame has less to do with talent and more with how many needles you can tolerate..
- Headline: TV News Service Experiences Growing Pains. Impact: TV News Inc's growing pains inspired a series of unfortunate reality TV shows in the future, where people had to endure bad news while pretending they were interested in their friends' drama. It’s like a dystopian version of social media.. Fact: The first televised news broadcast in the U.S. was in 1948. It featured 15 minutes of news and 45 minutes of awkward silence. Some things never change..
- Headline: Senate Votes Down Minimum Wage Substitute. Impact: The Senate's rejection of the wage bill led to a long tradition of minimum wage debates that have been about as productive as a cat meme in a board meeting. Spoiler: No one won.. Fact: The minimum wage was first introduced in the U.S. in 1938 at a whopping $0.25 an hour. Adjusted for inflation, that’s worth about as much as a cup of coffee today - if you’re lucky..
- Headline: LaRue and Ulasewicz Plead Ignorant On Who Ordered $450,000 Payments. Impact: LaRue and Ulasewicz’s ignorance paved the way for a generation of political operatives who'd later say, 'I didn't know anything!' It became the go-to excuse for any scandal, proving that conspiracy theories have a tendency to thrive on denial.. Fact: Watergate was not just a scandal; it was a masterclass in how to not get caught doing shady things, taught by the very people who did the shady things. There should be a Netflix series on this!.
- Headline: Vote Asked on Forming City Animal Department. Impact: The push for an Animal Department led to the birth of countless cat videos on the Internet, with citizens suddenly realizing that the real issue was not merging bureaucracies, but merging cats with Instagram.. Fact: Cities around the world now spend millions on animal welfare, yet cats still operate under the assumption that they own the place. Maybe they should run for office?.
- Headline: F.D.A. TO SET RULE FOR FOOD TESTING Plans Scientific Criteria on Meat and Dairy Drugs. Impact: The FDA's move to regulate food safety led to a long chain of events where food industries started labeling everything as 'organic' just to avoid scrutiny. Now, 'organic' is the new 'regular,' and it's all very confusing.. Fact: The FDA was established in 1906, and if you think food safety regulations are annoying now, just imagine a world where you had to inspect every apple yourself. Welcome to the 19th century!.
- Headline: Hundreds Arrested as Strikers Defy Court to Picket at California Vineyard. Impact: The arrests during the vineyard strike ignited a surge of protests that inspired future generations to realize that picketing is basically just a loud way to say, 'We want better snacks while we work!'. Fact: The United Farm Workers became a key player in labor rights, proving that a bunch of passionate people with signs can achieve more than most politicians ever could—like actually getting people to care about the food they eat..
- Headline: House Passes Bill to Curb President's War Powers. Impact: The House's attempt to limit the President's war powers led to a series of increasingly creative ways for presidents to bypass Congress. It’s like playing a game of whack-a-mole, but with international relations.. Fact: The War Powers Resolution of 1973 was designed to check the president's power, but it turns out politicians are really good at twisting rules. If they had a superhero power, it would be 'Bypass Congress.'.
- Headline: ACTION ON PIPELINE HELD UP IN HOUSE. Impact: The pipeline delay became a case study in how bureaucracy can turn billion-dollar projects into political ping-pong. Future generations learned that if you want something done, just delay it long enough, and it might disappear altogether.. Fact: The trans-Alaska pipeline is one of the most famous pipelines in history, and it has been said that each inch of it was debated more than a presidential candidate’s hairstyle..
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)