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 April 5, 1974
Full News Archive
- Headline: Nixon's Tax Bill Controversy. Impact: Little did Nixon know that his tax woes would lead to countless late-night comedy skits, forever intertwining politics with punchlines. The IRS would become the new 'it' agency, inspiring a wave of sitcoms about tax audits.. Fact: Nixon's tax situation could have been avoided if he'd just taken a few accounting classes instead of focusing on international relations. But hey, who needs math when you have Watergate?.
- Headline: NYC School Workers Demand New Contracts. Impact: This demonstration sparked a nationwide trend of teachers and school staff demanding better pay, eventually leading to the 'Teachers' Revolt' of 2025, where educators armed with red pens fought for their rights in the classroom.. Fact: The last time school workers demonstrated, they just wanted a bigger vending machine selection. Now, they’re demanding respect and better pay. Progress, I guess?.
- Headline: FBI Questions Patricia Hearst's Allegiance. Impact: The speculations around Patricia Hearst's message created a media frenzy, leading to a reality TV show about hostage negotiations—because who doesn’t want to see that unfold on screen?. Fact: Patricia Hearst’s situation was so dramatic that it inspired several movies, proving once again that crime pays—at least in Hollywood..
- Headline: NIXON TAX INQUIRY IS CLOSED BYIRS AND CONGRESS UNIT. Impact: The closure of Nixon’s inquiry gave rise to conspiracy theories that would overshadow political discourse for decades. Who knew tax evasion could lead to the birth of a thousand memes?. Fact: Closing the inquiry did not close the door on Nixon's political career—who needs integrity when you have charisma and a penchant for scandal?.
- Headline: French Presidential Race Is On Hours After Pompidou Burial. Impact: The rush to announce candidacies right after Pompidou's burial set a precedent for future political races: 'Why wait for decorum when you can strike while the iron is hot?'. Fact: In France, it's considered bad form to bury a president and not immediately start campaigning. Talk about a messy political funeral!.
- Headline: Neaman Bids at Interstate Dropped. Impact: Neaman’s withdrawal led to the most awkward corporate breakup in retail history, inspiring countless boardroom dramas and a questionable number of 'retail therapy' memes.. Fact: In the world of corporate mergers, dropping bids is almost as common as dropping your phone—everyone's done it at least once!.
- Headline: Nixon Papers Stay in Archives. Impact: Nixon's papers remaining in the archives became a treasure trove for historians, fueling debates on presidential accountability that continue to this day. Who knew paper could hold such power?. Fact: Nixon's attempts to take a tax deduction for his papers were so outrageous they could be the plot of a sitcom. 'The One with the Tax Write-Off'—coming to a streaming service near you!.
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)