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HEADLINES ON September 24, 1973
Full News Archive
- Headline: American Legion Leadership Transition. Impact: Carle Wells becoming the national commander of the American Legion led to a significant uptick in the number of hotdog stands at American Legion events, as he famously declared, 'A hotdog in hand is worth two in the bush!'. This, in turn, sparked a nationwide hotdog renaissance, influencing the culinary landscape for decades.. Fact: The American Legion is basically the world's largest club for veterans, where the initiation involves reciting the Pledge of Allegiance while balancing a hotdog on your head..
- Headline: Saigon Aide Addresses Corruption Claims. Impact: Nguyen Phu Duc's claims of limited graft in Vietnam prompted a series of international conspiracy theories, suggesting that if you squint hard enough, you could see a unicorn delivering honest government. Spoiler alert: the unicorn was just a metaphor for wishful thinking.. Fact: In a stunning twist of irony, the only 'limited' thing in the government was their ability to actually limit corruption..
- Headline: Suit Charges False Data In a Deal Involving Scott. Impact: The civil suit against GSA revealed a pattern of irregularities that led to a dramatic shift in how federal contracts were awarded, resulting in what historians now call 'The Great Paper Trail Panic' of the 1970s.. Fact: In the world of federal contracts, 'irregularities' is just a fancy word for 'we found a way to make the money disappear.'.
- Headline: AUSTRALIANS HAIL POLLOCK PURCHASE. Impact: The Australian purchase of Pollock's Blue Poles not only elevated the status of contemporary art in Australia but also sparked a national debate about whether to hang it upside down, leading to a whole new art movement that ironically became known as 'Down Under Art.'. Fact: For $2 million, they could have bought a lot of shrimp for the barbie instead; but hey, art is subjective, right?.
- Headline: Buddhism Retaining Its Hold in Burma. Impact: Buddhism retaining its hold in Burma influenced the spiritual evolution of the nation, leading to the rise of the 'Zen Dictator' phenomenon, where leaders began to adopt meditation techniques before making controversial decisions.. Fact: Buddhism in Burma has survived more political shifts than a chameleon at a disco party..
- Headline: INCREASE IN FORCES APPROVED IN JAPAN. Impact: Japan's decision to increase military forces led to a surprising boom in the origami industry, as soldiers were taught to fold paper cranes instead of weapons, leading to a more peaceful, albeit slightly confused, military.. Fact: In a twist of fate, the paper crane became Japan's unofficial mascot for peace talks. Who knew origami had such diplomatic potential?.
- Headline: Skylab 2 Flight Ends Tomorrow. Impact: The Skylab 2 flight ended with scientists gaining insights into weightlessness, which ironically led to a surge in the popularity of floating yoga classes on Earth, as people sought to replicate the experience without leaving the ground.. Fact: Skylab scientists were so excited about the findings that they considered launching a line of 'weightless' protein bars, which ended up being just marshmallows..
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)