Breakthroughs and everyday innovations from the year.
HEADLINES ON August 2, 1973
Full News Archive
- Headline: Adirondack Home Project Rejected. Impact: By preventing the Adirondack Home Project, H.L. Diamond inadvertently inspired future generations of hipsters to seek out remote cabins in the woods, leading to an overpopulation of bearded men with artisanal coffee and 'Save the Trees' stickers.. Fact: Did you know that the Adirondack Park is larger than the state of Vermont? So yeah, not exactly a shortage of trees to save..
- Headline: Chilean Groups Unite to Oust Allende. Impact: The formation of the 'civic front' against Allende set off a chain reaction that eventually inspired countless failed coup attempts around the globe. Thanks to this, we now have a reality TV show called 'Survivor: Coup Edition'.. Fact: Ironically, the truckers’ strike was less about politics and more about the fact that no one wanted to drive in a country where the roads were worse than your average video game level..
- Headline: Inmate, 16, Hangs Himself in Jail for Adults Here. Impact: The tragedy of L.D. Montanez highlighted systemic issues in juvenile justice that led to reforms decades later. Unfortunately, these reforms came too late for him but helped spark conversations about mental health that still echo in courtrooms today.. Fact: It’s a shocking statistic: around 65% of youth in detention facilities have a mental health disorder. Because, you know, locking them up always solves everything..
- Headline: Haldeman's Lawyer Terms Inouye ‘That Little Jap’. Impact: Haldeman's lawyer's comment not only revealed the casual racism of the time but also prompted a wave of political correctness that led to the invention of the 'Political Correctness Police'. They are still out there today, lurking in the shadows of social media.. Fact: The term 'political correctness' was first used in the 1980s, proving that even the most absurd behavior has a fancy title and an origin story..
- Headline: ‘IRENE’ IS WARNED ON STAGE REPAIRS. Impact: The warning to 'Irene' about stage repairs led to the eventual establishment of safety regulations in theaters. This, of course, culminated in a reality show where dancers try to survive the most dangerous stages in Broadway history.. Fact: You'd think Broadway actors had it easy, but they routinely risk life and limb for their art. It’s like a high-stakes game of Twister every night!.
- Headline: Inquiry on Nixon, 5 Others Is Confirmed by Coast Bar. Impact: Nixon’s inquiry led to a series of investigations that made 'Watergate' synonymous with political scandal, inspiring countless film adaptations and a generation of conspiracy theorists who still believe lizard people are behind it all.. Fact: The only thing more tangled than the Watergate scandal is the web of conspiracy theories surrounding it. People have written entire libraries on this—talk about a plot twist!.
- Headline: President Vetoes a Bill to Upgrade Emergency Medical Services. Impact: Nixon's veto of the emergency medical services bill not only delayed improvements to healthcare but also sparked a chain reaction of inept healthcare policies that led to today's debates about universal healthcare—an eternal conversation that feels like a bad sitcom.. Fact: Fun fact: Nixon once said, 'The American people want a health system that works.' Too bad he didn't think to sign a bill that would help make that happen..
- Headline: Bonn Is Said to Find No Proof That U.S. Did Illegal Tapping. Impact: This revelation about legal tapping led to a whole new level of skepticism towards government transparency, which eventually paved the way for social media outrage and viral hashtags like #NotMyGovernment.. Fact: The irony is delicious: the same government that was supposedly 'not tapping phones' is now monitoring your cat videos online. Priorities, right?.
- Headline: Text of Memo From Colson to Haldeman on Kleindienst Nomination. Impact: The memo from Colson to Haldeman about the Kleindienst nomination is just one of many documents that would be scrutinized, leading to a culture of mistrust in politics that persists to this day—because nothing says democracy like a good old-fashioned scandal.. Fact: Memo writing: the original form of passive-aggressive communication that can ruin careers. Who needs a soap opera when you've got Washington?.
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)