Breakthroughs and everyday innovations from the year.
HEADLINES ON August 10, 1973
Full News Archive
- Headline: Inquiry Launched on Nixon's Property Taxes. Impact: This tax inquiry sent ripples through the political landscape, leading to a future where every president's tax returns would be scrutinized like they were auditioning for a reality TV show. Thanks, Nixon!. Fact: Did you know that Nixon's San Clemente estate was so luxurious, it made Buckingham Palace look like a starter home? Well, it would have, if Buckingham Palace had ever been assessed by a tax board..
- Headline: D Rockefeller's Insights on China's Economy. Impact: D Rockefeller's musings on China kickstarted a chain of events that eventually led to the global economy becoming as interconnected as a tangled pair of earbuds. Who knew a 10-day trip could cause such chaos?. Fact: Did you know that D Rockefeller's trip to China was so influential that it made him the unofficial ambassador of 'let's see how we can exploit this market'?.
- Headline: An Encore For Louis and Schmeling. Impact: The boxing matches showcased here became the catalyst for future sports documentaries, ensuring that every future athlete's life story would be told with the melodrama of a Shakespearean tragedy.. Fact: Did you know that Louis and Schmeling's boxing matches were watched by millions? Meanwhile, your last family gathering probably had less drama than their fights..
- Headline: People in Sports: Palmer Hot at This Point in Time. Impact: The pressure on USSR gymnast O Korbut led to a future where gymnasts would be under more scrutiny than a contestant on a reality dating show. The stakes were raised, and so were the expectations!. Fact: Did you know that O Korbut's training was so intense that she probably spent more time upside down than most people do in a whole year? Talk about a different perspective on life!.
- Headline: DiLorenzo Accused of Perjury. Impact: Judge DiLorenzo's perjury charges opened the floodgates for future scandals, proving that the justice system could be just as messy as a toddler's birthday party—cake everywhere and nobody wants to take responsibility.. Fact: Did you know that perjury charges can lead to serious consequences? Just ask Judge DiLorenzo, who learned that lying under oath is like playing with fire—eventually, you’re going to get burned..
- Headline: Nixon Reportedly Angry Over Agnew Situation. Impact: Nixon's rage at Agnew's situation set a precedent for future political meltdowns, embedding in the political psyche that when in doubt, yell loudly and hope for the best. The art of distraction was born!. Fact: Did you know that Nixon's 'hitting the ceiling' was the beginning of a long line of presidents perfecting the art of emotional outbursts? 'It's just politics!' they said..
- Headline: Nixon, at Camp David, Works on Watergate. Impact: Nixon's retreat to Camp David became synonymous with political escape plans, paving the way for future leaders to think they could just hide out until things blew over. Spoiler alert: they rarely do.. Fact: Did you know that Camp David has hosted more political drama than a soap opera? If the walls could talk, they would probably have started a Twitter account..
- Headline: Sports News Briefs. Impact: The sale of the Phoenix franchise was the first pebble thrown into the pond of professional sports, eventually leading to the tsunami of sports franchises that now dominate entertainment and marketing.. Fact: Did you know that sports franchises are basically the adult version of collecting trading cards? Except now, they also come with overpriced tickets and fanatics who will scream at you for wearing the wrong jersey..
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)