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 October 3, 1974
Full News Archive
- Headline: Senate Halts Foreign Aid Bill Progress. Impact: This little legislative shuffle was the equivalent of rearranging deck chairs on the Titanic. The foreign aid bill's fate led to a series of international misunderstandings that made the phrase 'let's not talk about it' a diplomatic norm for years to come.. Fact: Fun fact: The Senate's decision-making process is often compared to a game of Jenga—except every block is a bad idea..
- Headline: Thieu's Controversial Policy Easing. Impact: Thieu's televised talk was like throwing a pebble into a pond, causing ripples that would eventually lead to the resurgence of political activity in South Vietnam, which everyone knows went swimmingly well, right?. Fact: Did you know that easing restrictions is a great way to say, 'I've got nothing else to offer'?.
- Headline: T.V.A. Weighs Cutback. Impact: The TVA's consideration of cutbacks was the beginning of a long tradition of energy companies making questionable decisions that would eventually lead to the 'Why is my electric bill so high?' epiphany experienced by millions.. Fact: TVA stands for Tennessee Valley Authority, but it could also stand for 'Totally Vexing Agency' when it comes to managing energy output..
- Headline: Federal Aide Resigns Amid Controversy Over Alleged Abuse of Civil Service. Impact: The resignation of the federal aide amidst controversy was the spark that ignited a thousand conspiracy theories about government transparency—because nothing says trust like a scandal!. Fact: In government, resignations often come with the same level of surprise as finding out your favorite TV show got canceled..
- Headline: Unindicted Co‐Conspirator Is Added in Cover‐Up Case. Impact: Adding an unindicted co-conspirator to the Watergate cover-up case was like inviting a friend to a party where everyone else is already wearing handcuffs. It just made the whole situation messier and more entertaining.. Fact: Watergate was the original reality show, only without the Kardashians and with significantly more political fallout..
- Headline: Reynolds May Abandon Its Guyana Bauxite Plant. Impact: Reynolds' potential abandonment of its Guyana bauxite plant was a precursor to many multinational companies' love affair with tax havens, proving that sometimes, it's easier to run away from your problems than to face them.. Fact: Bauxite is the primary ore of aluminum, which is the same material you might find in your soda cans—giving a whole new meaning to 'it came from the ground.'.
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)