Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON August 4, 1973
Full News Archive
- Headline: Tax Liens Filed Against Nixon's Associate. Impact: The IRS, fueled by a desire for justice, begins a campaign against wealthy acquaintances of politicians, inadvertently creating a secret society of tax evaders who thrive on loopholes. This leads to the establishment of an underground network of accountants known as the 'Creative Deductions Club'.. Fact: Did you know that tax evasion can be an Olympic sport in some circles? Just ask the accountants who double as gymnasts when they file those tricky forms!.
- Headline: Nixon's Trade Bill Faces Congressional Setback. Impact: The delay of this trade bill sends ripples through time, ultimately inspiring a group of disgruntled economists to form a band called 'The Trade Offs', who write a number one hit about tariffs that ends up topping charts in 2020.. Fact: Fun fact: Delaying a bill is like waiting for a bus that never comes; sometimes you just have to walk to your destination, or in this case, take a trade negotiation Uber..
- Headline: US Jobless Rate Hits Lowest in Three Years. Impact: This slight dip in the unemployment rate causes a nationwide celebration among job seekers, leading to the creation of 'Job Fair Fest', an annual event where employers and candidates awkwardly try to make small talk over stale coffee.. Fact: Ironically, the only thing lower than the jobless rate was the enthusiasm of the job seekers who still had to attend those fairs..
- Headline: But July Car Totals Fail to Penetrate Million Mark. Impact: The close call with a million car sales plants the seed for the future billion-dollar advertising campaigns that rely heavily on emotional appeals, ultimately leading to the rise of car commercials featuring sad puppies.. Fact: Did you know that back in the day, car salesmen used to have to rely on actual human interaction? Shocking, I know!.
- Headline: Books of The Times. Impact: The publication of 'Looking at Photographs' ignites a new trend in the art world, leading to the rise of Instagram influencers who claim to have 'discovered' photography in their bathrooms.. Fact: Fun fact: Photographs were once so rare that people would frame them instead of selfies. How quaint!.
- Headline: HIM. IS ORDERED TO RELEASE FUNDS. Impact: The court's order to release funds for mental health centers creates a ripple effect, leading to a newfound appreciation for mental health that eventually inspires a reality show titled 'Therapy with the Stars'.. Fact: Mental health funding has always been a hot topic, which is ironic considering some politicians seem to be in dire need of therapy themselves..
- Headline: NIXON PROPOSES MAJOR CHANGES IN BANK SYSTEM. Impact: Nixon's proposal becomes the catalyst for a banking revolution that inadvertently sparks a national debate about financial literacy, ultimately leading to the rise of 'banking for dummies' books and tutorials.. Fact: Banking changes are often as popular as root canals; people know they’re necessary but would rather avoid them at all costs..
- Headline: A ROCK MUSICIAN CHARGES FRAUD. Impact: The lawsuit filed by J Phillips sets off a chain reaction of similar cases in the music industry, leading to the establishment of 'Rock Star Legal Aid', a free service for musicians who can't tell the difference between a contract and a pizza menu.. Fact: Did you know that rock stars often have to fight for their royalties? It’s almost like they’re trying to reclaim their lunch money from the school bully!.
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)