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HEADLINES ON October 31, 1973
Full News Archive
- Headline: Massive Marijuana Seizure in Chicago. Impact: The arrest of these six individuals led to an unexpected surge in the underground marijuana market, resulting in the creation of the first 'Potpreneur' businesses. Fast forward a few decades, and now we have cannabis lattes in hipster cafes. Thanks, Chicago!. Fact: Did you know that at this point, marijuana was still illegal in most states? But hey, rules are made to be broken, right? Especially when it comes to a two-ton stash!.
- Headline: Kissinger's Discontent with NATO Allies. Impact: Kissinger's disgust sparked a chain reaction that ultimately led to the phrase 'disgusted diplomat' becoming a popular meme. Who knew international relations could be so relatable?. Fact: Did you know that Kissinger once won a Nobel Peace Prize? Apparently, being disgusted can be a stepping stone to accolades in politics!.
- Headline: Botany Industries Declares Bankruptcy. Impact: The bankruptcy of Botany Industries paved the way for the rise of fast fashion. Who needs quality when you can have quantity and a closet full of regret?. Fact: Fun fact: Botany Industries was once the go-to for men's wear. Now, if you say 'Botany' to a millennial, they might think of a plant or their botany class instead!.
- Headline: Unitarians for Impeachment. Impact: The Unitarian call for impeachment sparked countless dinner conversations and debates, solidifying the notion that political discussions can ruin family gatherings for generations to come.. Fact: Did you know that Unitarians are known for their progressive values? Apparently, they weren't impressed with Nixon's performance—shocking, right?.
- Headline: U.S. STEEL PROFIT SOARS BY 182.5%. Impact: U.S. Steel's soaring profits inadvertently inspired the infamous phrase 'greed is good' in the '80s. Thanks for paving the way for corporate raiders, U.S. Steel!. Fact: Did you know that U.S. Steel's profit increase was a sign of the times? Because nothing screams success like an industry that thrives off of steel and the American dream!.
- Headline: Boston School Board to Ask for High Court Ruling on State Order to Seek Racial Balance. Impact: This appeal for racial balance in Boston schools set off a domino effect, leading to decades of heated debates, protests, and the occasional 'You can't make me share a classroom with them!' tantrum.. Fact: Did you know that racial balance in schools is still a hot-button issue? Who knew trying to be fair would take so long and require so much shouting?.
- Headline: WHITE HOUSE SAYS I.T.T. DISCLOSURE SHOWS COX'S BIAS. Impact: The White House's claims of bias against Cox set off a chain reaction that made conspiracy theories the hot topic of the '70s. People really started to wonder if the government was up to something! Spoiler alert: They were.. Fact: Fun fact: The Watergate scandal changed the way Americans viewed their government forever. Now, everyone assumes the worst—thanks, Nixon!.
- Headline: Nadjari Inquiry Set On ‘Lost’ $130,000. Impact: The inquiry into the 'lost' $130,000 led to a series of unfortunate events, including a new rule: never trust a suitcase full of cash, especially if it’s handled by narcotics agents.. Fact: Did you know that in the world of crime, losing $130,000 can lead to more investigations than you can shake a stick at? Just ask the poor agents involved!.
- Headline: U.S. Peace Delegates in. Soviet Oust Leader Over Statement. Impact: Rev. Mayer's resignation opened the floodgates for activists to speak out against oppressive regimes, proving that sometimes, losing your job can lead to a more significant movement. Who knew a scandal could be a catalyst for change?. Fact: Did you know that speaking out against authoritarianism can get you kicked out of a peace conference? Just ask Rev. Mayer—he'll tell you!.
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)