Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON February 7, 1974
Full News Archive
- Headline: Reforming NYC Decision-Making Processes. Impact: The procedural streamlining led to a series of bureaucratic innovations that ultimately inspired a dystopian future where robots make decisions for us. Thanks, NYC Estimate Board!. Fact: Fun fact: 'streamlining' is often just a fancy way to say 'let's cut corners and hope no one notices.'.
- Headline: Dean Disbarred Amid Watergate Scandal. Impact: John W. Dean's disbarment sent shockwaves through the legal community, leading to a new era of ethical guidelines that eventually inspired a reality TV show about lawyers... because that's what we needed.. Fact: Did you know that disbarment is the legal equivalent of getting kicked out of the playground for being a bully? Poor John Dean..
- Headline: New York State vs. Shell Oil Lawsuit. Impact: Shell's oil hiding scheme triggered a chain reaction that led to every household in America investing in wood stoves, giving rise to a new trend in rustic home decor. Thanks, Shell!. Fact: Fun fact: Hiding oil is less effective than hiding your lunch at work. At least your coworkers won't sue you..
- Headline: Fugitive Arrested in Back Row At Henry Brown Murder Trial. Impact: Anthony Laborde's courtroom arrest sparked a new justice reality series, where fugitives are caught mid-trial, causing a spike in popcorn sales. Justice has never been so entertaining!. Fact: Did you know that courtroom drama is often more exciting than actual drama? At least in the movies..
- Headline: CAMBODIAN TROOPS MEET HEAVY FIRE. Impact: The heavy fire faced by Cambodian troops led to a series of geopolitical blunders that ultimately resulted in the invention of the phrase 'heavy fire' being used to describe overly caffeinated coffee.. Fact: Fun fact: Heavy fire sounds intense, but it’s just a regular Tuesday in the coffee industry..
- Headline: HEATH EXPECTED TO CALL ELECTION. Impact: Heath's potential election call led to a domino effect of political strategies that would eventually culminate in a reality show about political maneuvering... because who doesn't love a good political scandal?. Fact: Did you know that political elections are like high school elections but with more at stake and less honesty?.
- Headline: Business Briefs. Impact: The Commerce Department's reports on consumer credit began a trend of financial anxiety that persists today, contributing to the rise of both credit cards and self-help books on financial literacy.. Fact: Fun fact: Consumer credit is often just a fancy way to say 'I can't afford this, but I really want it.'.
- Headline: TENNESSEE CHECKS WELFARE RECIPIENTS. Impact: Tennessee's welfare check initiative led to a nationwide trend of welfare scrutiny, giving rise to a generation of bureaucrats with a penchant for spreadsheets and an aversion to social gatherings.. Fact: Did you know that checking welfare recipients is less popular than checking Instagram? Just saying..
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1974, it would be worth $222,233 today (222.2x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1974, it would be worth $2,553,677 today (2553.7x return)
BA
Boeing
Boeing - If you invested $1,000 in 1974, it would be worth $1,592,290 today (1592.3x return)