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 December 18, 1974
Full News Archive
- Headline: U.S. Boycott of U.N. Emergency Fund. Impact: This bold move by the U.S. to boycott a U.N. fund turned out to be the spark that ignited a series of international eye-rolls. Countries began to think, 'Hey, if they can do that, why not start a trend of ignoring global responsibilities?' Fast forward a few decades, and we have a world where everyone’s just waiting for someone else to step up. Thanks, U.S.!. Fact: Did you know that the U.N. was once viewed as a place for serious diplomacy? Now, it seems like a long-running sitcom where the characters just keep ignoring each other’s calls..
- Headline: Support for Journalists Against Judicial Gag Orders. Impact: When the group stepped up to defend reporters against 'gag' orders, they inadvertently laid the groundwork for every conspiracy theorist's dream. Fast forward a few decades and now you have people believing that the news is controlled by lizards from outer space. Thanks for the foundation, brave defenders!. Fact: Fun fact: The term 'gag order' has nothing to do with the latest culinary trend; it’s just judges being really bad at letting people talk..
- Headline: Moratorium on Medical Research Exploitation. Impact: Dr. Foster’s suggestion for a moratorium on using the poor in medical research led to an unexpected revolution in ethics. It made researchers think twice before using any subjects, thus creating a loophole where they could just use lab rats instead. Who knew rodents would eventually be the stars of medical trials?. Fact: Surprisingly, lab rats are now better treated than some human subjects in medical studies. They get free food and a cozy cage—living the dream!.
- Headline: Full Disclosure of Income Adopted by Council, 41‐1. Impact: The NYC Council's mandate for dual operating doors on school buses seemed minor but actually paved the way for future debates on safety regulations. Now, school buses are like tanks, and kids are basically in armored vehicles, completely oblivious to the drama unfolding outside.. Fact: Fun fact: Those dual doors are supposed to protect kids. But let's be real, all they really do is make it harder for the kids to sneak out during field trips..
- Headline: People in Sports. Impact: Grant Teaff signing a contract with Baylor University ensured that the football program would continue to churn out questionable future NFL stars. This set the stage for a cycle where college football coaches become legends while students try to navigate their future with a degree in... well, football.. Fact: Did you know that college football coaches often earn more than university presidents? Because apparently, blitzing and tackling are more crucial to education than, you know, actual education..
- Headline: U.S. Lease Linked to Friend Of Scott Is Under Inquiry. Impact: The U.S. Justice Department's investigation into a questionable contract was the beginning of an age where every government contract would be scrutinized. Fast forward a few years, and now we have people turning every small purchase into a conspiracy theory about government waste. Thanks for the paranoia!. Fact: Fun fact: In government spending, one can find a contract for literally anything. Ever heard of a $100,000 toilet seat? Yeah, it's a real thing!.
- Headline: 2 Boston Schools to Be Closed Until Jan. 2 to Avert Trouble. Impact: Closing schools in Boston to avert trouble was a classic example of 'burying your head in the sand.' This act of avoidance led to a legacy of unresolved racial tensions that would come back to haunt the city like a bad horror movie sequel.. Fact: Schools have been closed for various reasons, but who knew they could be the scene of a racial drama? Next time, just direct the students to a nice, quiet library instead!.
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)