Breakthroughs and everyday innovations from the year.
HEADLINES ON September 26, 1973
Full News Archive
- Headline: Abolition of Chile's Largest Labor Group. Impact: This event set off a chain reaction where labor movements worldwide became more cautious, leading to the rise of overly cautious unions that spent more time debating their lunch menus than advocating for workers' rights. Who knew a military junta could be the catalyst for indecisive union meetings across the globe?. Fact: Did you know that after this event, the only thing that grew faster than the military's power in Chile was the amount of paperwork required to organize a labor meeting?.
- Headline: Nixon Supports Agnew Amid Controversy. Impact: Nixon's appeal for fairness inadvertently led to a nationwide obsession with irony. Fast forward to today, and everyone now expects fairness in politics while simultaneously binge-watching reality TV. Thanks, Nixon!. Fact: Fun fact: Nixon's speech was so earnest that it almost made people forget he was involved in a scandal. Almost..
- Headline: Antifreeze Shortage Sparks Urgent Legislation. Impact: This shortage caused a spike in DIY antifreeze recipes, leading to a brief trend of hipsters brewing their own antifreeze cocktails. Cheers to that! Who knew chemistry could be so...refreshing?. Fact: Did you know that some people are still trying to figure out how to make their own antifreeze using only organic ingredients? Good luck with that!.
- Headline: Pension Reform Drive Gains as House Panel Supports a Bill to Protect Rights of Workers. Impact: This reform drive sparked a movement that eventually led to workers demanding more rights, which then evolved into a national pastime of negotiating coffee breaks. The irony of fighting for rights while drinking coffee is not lost on anyone.. Fact: Did you know that the phrase 'pension reform' has been used so many times it should come with its own sitcom? Because nothing says entertainment like a bunch of Congresspeople discussing retirement plans..
- Headline: A‐PLANT HAZARDS HELD OVERSTATED. Impact: The downplaying of nuclear risks led to the creation of a new genre of horror films: 'Nuclear Safety Gone Wrong.' Who knew that a little casual risk assessment could inspire so many nightmares?. Fact: Interestingly, 'worst case' analyses have been used in everything from nuclear power to planning family vacations. Spoiler alert: the worst case is always forgetting the sunscreen..
- Headline: Scott Defends Role in Award of Contract. Impact: The ensuing defense by Scott led to a public relations nightmare that made politicians realize that claiming 'legitimate advocacy' is akin to saying your dog ate your homework. It just doesn't fly anymore.. Fact: Did you know that after this event, the phrase 'legitimate advocacy' became a euphemism for 'I totally didn't do anything wrong, I swear!' in political circles?.
- Headline: U.S. IN DISARRAY, DR. MEAD CHARGES. Impact: Dr. Mead's charges kicked off a series of self-help books for politicians, resulting in a nation filled with leaders who thought they could fix societal issues by merely attending group therapy. Spoiler alert: it didn’t work.. Fact: Did you know that after this inquiry, the phrase 'disarray' became a popular buzzword in political speeches, often used to describe everything from traffic jams to bad hair days?.
- Headline: Providence Guild Votes To End 12‐Day Strike. Impact: The end of the strike not only led to a revival in newspaper circulation but also inspired future strikers to take note: never underestimate the power of a court injunction. It’s like the ultimate party pooper.. Fact: Did you know that after the strike, the Guild members were so relieved they celebrated by having a ‘no-picketing’ party? The irony was not lost on them..
- Headline: The Satraps. Impact: This poem became a rallying cry for future generations, inspiring countless artists to use poetry as a form of protest. Who knew that a few verses could lead to a revolution of creativity?. Fact: Did you know that Neruda wrote 'The Satraps' in the hopes that it would make future politicians rethink their strategies? Spoiler: it didn’t work..
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)