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 March 7, 1975
Full News Archive
- Headline: Oklahoma Ex-Governor's Bribery Trial Drama. Impact: If David Hall had been successful in his plot to clear his name, he might have inspired a new genre of political thrillers where ex-governors turn into super spies, changing the course of Hollywood forever. Imagine a world where every political scandal leads to an action franchise!. Fact: David Hall's trial was a riveting spectacle that makes reality TV look like a Sunday school class. Who knew bribery could be so entertaining?.
- Headline: NYC Seeks Loan for Payroll Crisis. Impact: The failed loan negotiation created a ripple effect leading to a nationwide trend of cities considering accepting payment in pizza to meet payroll. Eventually, that led to a pizza shortage and the Great Pizza Crisis of '79.. Fact: This negotiation was so long it almost turned into a feature-length film. Spoiler: the ending was disappointing..
- Headline: OPEC Proposes Oil Price Stabilization Talks. Impact: Ford's reservations about OPEC's proposals eventually led to a series of awkward family dinners where every time someone mentioned gas prices, people would change the subject to the weather.. Fact: Ford's reservations were so strong, they could have been mistaken for a hotel booking. 'Sorry, OPEC, I'm fully booked with skepticism!'.
- Headline: $5,000 Fire in Pentagon. Impact: The Pentagon clock fire was the catalyst for a new line of military-grade clocks that could withstand extreme conditions. Sadly, they still couldn't handle the pressure of a 9 AM meeting.. Fact: This fire marked the only time in history a clock was set on fire without anyone asking, 'What time is it?'.
- Headline: OIL STATES OFFER TO DISCUSS PRICES. Impact: The OPEC offer sparked debates that would echo through the decades, eventually leading to every dinner table in America becoming a debate stage for oil prices, global politics, and conspiracy theories.. Fact: OPEC meetings are like family reunions—everyone wants to negotiate, but nobody really wants to talk about the real issues..
- Headline: TV: ‘Sunshine’ Is Bright Spot Among New Series. Impact: The success of 'Sunshine' led to a wave of shows about optimistic characters that made everyone forget about the impending doom of reality. It was a brief but glorious escape from the 70s malaise.. Fact: The only thing brighter than the show's title was the optimism of TV executives who thought it would change the world. Spoiler alert: it didn't..
- Headline: Orange Juice— Does the Kind Really Matter?. Impact: The debate over orange juice types led to a bizarre future where people began forming factions based on their preferred juice: pulp vs. no pulp, fresh vs. concentrate, a real juice war that made the Cold War look trivial.. Fact: Nutritionists agree that the only real difference in orange juice is how much you enjoy the breakfast that accompanies it. Cheers to that!.
- Headline: Bank of America Offers Credit to Soviet. Impact: Bank of America's offer to the USSR inadvertently kickstarted a trend of financial institutions on both sides trying to outdo each other, leading to a bizarre era where banks became the new diplomats.. Fact: This loan offer was so bold it almost made Wall Street look like a matchmaking service for political regimes. 'Swipe right for communism!'.
- Headline: Brazilian Opposition Asks An Accounting on Prisoners. Impact: The formal summons for accounting on prisoners led to a cascade of human rights movements worldwide, eventually inspiring a popular TV series where activists solve crimes and uncover government secrets.. Fact: Demanding an accounting on prisoners is about as useful as asking a politician to admit they’re wrong—rarely happens, but when it does, it’s a spectacle to behold..
- Headline: Iraq and Iran Sign Accord To Settle Border Conflicts. Impact: The Iran-Iraq accord ended a long-standing border dispute but ironically led to an ongoing series of 'border disputes' in future diplomatic meetings. It's the gift that keeps on giving!. Fact: This agreement was so definitive that historians are still trying to figure out what 'definitive' really means when it comes to international agreements..
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1975, it would be worth $2,924,036 today (2924.0x return)
BA
Boeing
Boeing - If you invested $1,000 in 1975, it would be worth $1,159,830 today (1159.8x return)
WMT
Walmart
Walmart - If you invested $1,000 in 1975, it would be worth $32,670,879 today (32670.9x return)