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 16, 1973
Full News Archive
- Headline: North Korean Pilots Allegedly in Egypt. Impact: The North Koreans flying Egyptian jets led to a clandestine international pilot exchange program that resulted in the world's first karaoke battlefield, where soldiers sang their way through conflicts. Who knew war could have a soundtrack?. Fact: The North Korean pilots probably thought they were just getting a vacation in Egypt. Little did they know, they were on the flight path to international diplomacy—or chaos..
- Headline: Job Cuts in France's Shoe Manufacturing. Impact: The decline of the shoe town in France inadvertently set off a global trend of wearing flip-flops in business meetings. Thanks to this event, the phrase 'business casual' now includes beachwear.. Fact: Who needs shoes when you can just wear sandals? The fashion industry owes a lot to economic downturns and the rise of comfort over style..
- Headline: Richardson's Briefing to Agnew Revealed Evidence. Impact: Agnew's legal troubles led to a new genre of political thrillers in Hollywood, inspiring countless scripts where the hero is always one step away from being caught. Spoiler alert: they're never caught until the sequel.. Fact: Richardson briefing Agnew was like a dramatic reenactment of a courtroom drama. Too bad Agnew didn't understand that the only thing worse than being briefed is being on trial..
- Headline: Partygoers Gather for ‘Evening With the Enemies’. Impact: The infamous 'Evening With the Enemies' party became an annual event, evolving into a wild mix of political debates and slapstick comedy routines. It’s now a rite of passage for politicians, complete with a roast.. Fact: Imagine being on the White House's enemies list and getting invited to a party! Talk about an awkward RSVP situation..
- Headline: Personal Finance: Upgrading Savings. Impact: The confusion over savings accounts led to the invention of the 'savings calculator,' which ironically also confused people further, resulting in the great 80s financial crisis—because who doesn’t love a good spreadsheet meltdown?. Fact: The only thing more confusing than the interest rates back then was trying to figure out if your bank actually liked you or just your money..
- Headline: Girl Wounded by Terrorists In Athens Airport Attack Dies. Impact: The tragic death of L K Haack sparked a wave of international anti-terrorism initiatives, which ironically led to an increase in airport security lines. Thank you, bureaucracy.. Fact: The 16-year-old girl’s story became a catalyst for change, reminding us that every tragedy can lead to an avalanche of regulations that make travel feel like a prison break..
- Headline: BTREITE NOT YET HOUSEHOLD WORD. Impact: The nomination of new judges was the first step towards a reality TV show about courtroom drama that would sweep the nation. 'Judge Not!' was a flop, but the concept of televised justice lives on.. Fact: If only they knew they were laying the groundwork for a future where judges would become celebrities instead of just, you know, judges..
- Headline: BREZHNEV CONCEDES NO GAIN WITH CHINA. Impact: Brezhnev's concession about China led to a series of awkward diplomatic dinners, where both sides tried to out-eat each other in a battle of culinary diplomacy. Spoiler: no one won.. Fact: Brezhnev giving an award to Kazakhstan was probably the USSR's way of saying, 'We still care, even if you’re stuck with those pesky borders.'.
- Headline: Sniping Suspect Arrested. Impact: The Miami sniper incident led to a drastic increase in police training, which eventually resulted in the creation of the world's first police action movie franchise, 'Miami Heat,' where every shot is fired in slow motion.. Fact: R Ramos probably thought he was auditioning for a role instead of committing a crime. Talk about a misguided career choice!.
- Headline: MILITARY TRYING TO PLACATE CHILE. Impact: The military's attempts to placate Chile resulted in a series of secret taco diplomacy meetings, ensuring that both sides could at least agree on good food, even if they couldn't agree on anything else.. Fact: Chile’s truckers must have been thrilled to know that their strikes could lead to secret meetings over enchiladas. Nothing says peace talks like a side of guacamole!.
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)