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HEADLINES ON October 10, 1973
Full News Archive
- Headline: Jersey Bond Sale Postponed Again. Impact: The postponement of the Jersey bond sale led to a decade-long pattern of indecision in New Jersey politics. This created an environment where everyone thought they were 'experts' on urban planning, leading to the invention of the phrase 'let's just wing it' as the state motto.. Fact: Fun fact: The Jersey bond sale delays are so famous they have their own fan club. It's just a group of people sitting around discussing how long it takes for anything to happen in New Jersey..
- Headline: Supreme Court Rejects Teacher Appeal. Impact: The Supreme Court's rejection of the appeal solidified the perception that teachers are basically the scapegoats of the education system. This would later lead to a massive increase in coffee consumption among educators, as they needed a little extra 'motivation' to deal with the fines.. Fact: Did you know that the fines from this case were enough to fund a small country's entire education budget? But hey, why invest in education when you can just fine teachers?.
- Headline: Klein Warns Against Watergate Obsession. Impact: Klein's statement about the Watergate obsession caused a ripple effect that led to future generations of politicians thinking they could get away with anything as long as they kept the public distracted with shiny objects, like celebrity gossip and TikTok dances.. Fact: Fun fact: Klein's take on Watergate was so profound that it inspired a generation of conspiracy theorists who decided that every scandal after that was just a 'distraction' from the real issues, like avocado toast prices..
- Headline: Urban Planners' Seminar Puts Emphasis on Housing. Impact: The urban planners' seminar sparked a string of events that culminated in cities introducing bizarre zoning laws, like the infamous 'no pink houses' rule. This became a cultural phenomenon, leading to a rise in black market paint sales.. Fact: Did you know that the opening of the LBJ Library was technically a more significant event than the actual presidency of Johnson? Just kidding! But it did have more paperwork than the average IRS audit..
- Headline: Byrne Decries State's Lack Of Guidelines on Zoning. Impact: Byrne's criticism of zoning guidelines led to a surge in DIY zoning laws, where local communities started making their own rules, resulting in neighborhoods being governed by the whims of whoever had the loudest voice at the town hall meeting.. Fact: Did you know that local zoning laws can be more confusing than IKEA assembly instructions? One wrong turn and suddenly you have a taco stand where a school used to be..
- Headline: RESEARCH CURBS PROPOSED BY H.E.W.. Impact: The proposed research curbs led to a dramatic decline in innovative medical research for a few years. Ironically, it also resulted in the rise of 'alternative facts' being treated as legitimate research methodologies.. Fact: Fun fact: The new regulations were so strict that researchers began holding secret underground laboratories, which ironically created a new genre of reality TV - 'Mad Scientist Showdowns'..
- Headline: Fighting Seen Bolstering Jerusalem's Hard‐Liners. Impact: The delayed warning about the Arab attack led to a paranoia in Israeli politics that caused the rise of 'what if' scenarios, ultimately resulting in people stockpiling so much hummus that it caused a national shortage during dinner parties.. Fact: Did you know that the phrase 'better late than never' was coined in a parallel universe where the Israeli military had a flawless early warning system? Sadly, this universe is not ours..
- Headline: Senate, 82‐8, Votes Tight U.S. Control Over Strip Mining. Impact: The Senate's vote for tighter control over strip mining ironically caused an underground movement of environmental activists who began creating 'coal art' to raise awareness, which, as it turns out, was just a fancy name for littering.. Fact: Did you know that the 82-8 vote was one of the few times senators actually agreed on something? It’s so rare; it should be framed and put in a museum—right next to the last working payphone..
- Headline: Chinese Foreign Minister Lays ‘Aggression’ to Israel. Impact: Chi's condemnation of Israel’s actions sparked a global debate that eventually led to the invention of 'Twitter Diplomacy', where world leaders started tweeting their opinions instead of actually having conversations, resulting in a lot of misunderstandings.. Fact: Fun fact: The 140-character limit on Twitter was actually inspired by the brevity of diplomatic conversations. Who knew world peace could be summarized in a tweet?.
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)