Breakthroughs and everyday innovations from the year.
HEADLINES ON September 30, 1973
Full News Archive
- Headline: Sandman's Struggles Amidst Watergate Fallout. Impact: As C W Sandman's political career crumbled, every subsequent politician learned the importance of avoiding scandals, leading to the invention of the phrase 'no comment'—which is now used 97% of the time in politics.. Fact: In the world of politics, the only thing more unstable than a candidate's chances of winning is their relationship with the truth..
- Headline: Realty Equities Corp Appoints New Assistant VP. Impact: The announcement of R B Stang as assistant VP led to a surge in corporate board meetings where 90% of the time was spent discussing what exactly an assistant VP does—spoiler alert: it's mostly nodding and looking busy.. Fact: In corporate America, the title 'assistant vice president' is just a fancy way of saying 'we promise you a corner office but really you’ll just answer emails and fetch coffee.'.
- Headline: Mitchel Field Development Proposal Unveiled. Impact: W J Deeley Jr's proposal for Mitchel Field sparked an eternal debate over whether building hotels or research facilities could solve the world's problems, leading to the age-old question: 'Would you rather have a room with a view or a lab that actually works?'. Fact: The only thing that grows faster than the number of proposals for new developments is the number of complaints about them from locals..
- Headline: A record of Kafka's love for a girl and hate for himself. Impact: Kafka's love letters launched a thousand existential crises, inspiring future generations to pen their own melodramatic musings in journals that no one would read—because nobody wants to face their own soul.. Fact: Kafka's love life was like his writing: complex, confusing, and left many wondering what exactly was going on..
- Headline: Is interest Escalation Really Over?. Impact: Dr. M E Levy's insights on interest rates sparked optimism that led to countless people feeling rich for a whole week—until the bills came due. The cycle of hope and despair continued on.. Fact: Interest rates are like that friend who says they'll pay you back next week but somehow always 'forgets' when the time comes..
- Headline: Arms Against Russia. Impact: Nixon's military procurement efforts caused a ripple effect that ultimately led to the current state where military budgets are higher than the GDP of small countries, because who needs healthcare when you can have tanks?. Fact: Military spending has become a game of 'who can build the biggest toys while ignoring the needs of the people'—and congratulations, we've found a winner!.
- Headline: Compensation Chief Named. Impact: The appointment of Albert D'Antoni as Compensation Chief resulted in a chain reaction of bureaucratic red tape that would take decades to untangle, ensuring that no one ever got compensated for anything without at least three forms of ID.. Fact: Being in charge of compensation often means having to explain to people why they can't get what they deserve—talk about a thankless job!.
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)