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HEADLINES ON September 20, 1973
Full News Archive
- Headline: Debate Over Sports Governance in New Jersey. Impact: If only Sen Tunney had known that his sports legislation would lead to a decade of athletes tweeting their breakfast choices, perhaps he would have reconsidered. Instead, we have a world where Olympic dreams compete with Instagram fame.. Fact: In sports, being a 'team player' usually means sacrificing your social media presence for the greater good. Who knew sports came with a side of influencer marketing?.
- Headline: Met Opera's Captivating Carmen Performance. Impact: The revival of Carmen at the Met sparked a renaissance of opera appreciation, leading to a strange trend of hipsters attending performances in ironic costumes, thus forever altering the dress code of high culture.. Fact: Carmen was so popular that it has been performed more times than any other opera, which is ironic considering nobody actually knows what happens by the end—much like most soap operas..
- Headline: Colson's Silence in Watergate Hearings. Impact: Colson's refusal to testify set a precedent for future political aides to dodge questions with the grace of a seasoned ninja. This led to the establishment of the 'Colson Defense' in legal circles, which became a go-to move in political scandals.. Fact: The Fifth Amendment: ensuring that you can plead the fifth and still get a cushy book deal about your time in office..
- Headline: Personal Finance. Impact: The introduction of better interest rates spurred a national obsession with savings accounts, leading to the invention of the 'Savings Account Olympics,' where people compete to see who can save the most without touching their cash—exciting times!. Fact: Interest rates are like diet trends: everyone’s trying to find the best one, but most end up back at the good old 5% because it’s just familiar and comforting..
- Headline: Philadelphia Electric Set To Give Minority Back Pay. Impact: Phila Electric's back pay settlement was the spark that ignited a nationwide movement for workplace equality, leading to an era where companies were suddenly 'very interested' in diversity—right around the time they realized it could improve their bottom line.. Fact: In corporate America, 'diversity' is often just a buzzword to dress up a very monochrome office. But hey, at least they’re giving out back pay now!.
- Headline: Ex‐Patrolman Testifies He Committed 16 Break‐Ins With Other Albany Police. Impact: The testimony of D Leonard revealed the hidden world of police corruption, inadvertently inspiring dozens of crime dramas that made millions, while also ensuring that every cop show now has a 'bad apple' episode.. Fact: It’s ironic how law enforcement dramas are more popular than actual law enforcement, showcasing the idea that crime pays—at least in Hollywood..
- Headline: Brezhnev Excerpts. Impact: Brezhnev's speeches often went unheeded, leading to a series of diplomatic blunders that could fill an entire library of 'How Not to Negotiate' guides, proving that sometimes it’s better to just avoid the mic.. Fact: Brezhnev’s speeches were so lengthy that they could double as sleep aids—who needs a bedtime story when you can listen to geopolitical jargon?.
- Headline: SAIGON CHARGES HANOI WAR MOVES. Impact: The South Vietnamese government's accusations of Hanoi's war preparations only escalated tensions, leading to a dramatic increase in the sales of tin foil hats among the populace—after all, who doesn’t love a good conspiracy?. Fact: War is just politics by other means, and in this case, it seems the politics were as confusing as a soap opera plot twist..
- Headline: Links With Soviet: Criticism Stings Administration. Impact: Nixon's administration's struggle with criticism over its Soviet relations paved the way for future administrations to adopt the 'Ignore the Critics' strategy, which has proven to be a timeless classic in politics.. Fact: In politics, if you can’t convince them, confuse them! A technique perfected by officials who learned it from the masters of miscommunication: politicians..
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)