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HEADLINES ON May 5, 1975
Full News Archive
- Headline: B-1 Bomber Project Faces Major Cost Overrun. Impact: The moment Congress realized the B-1 bomber was a bottomless money pit, the phrase 'cost overrun' became a favorite among defense contractors. Fast forward, and now every time someone hears 'military spending,' they instinctively reach for their wallets.. Fact: Did you know that the B-1 bomber was initially intended to be a top-secret project? Who knew top secret could also mean top expensive?.
- Headline: Americans Exploiting Refugee Evacuations. Impact: This little revelation led to a booming side hustle of selling signatures and affidavits, planting seeds for future entrepreneurial refugees. Who knew that helping others could lead to a new form of capitalism?. Fact: Fun fact: Sometimes, 'helping refugees' means finding creative ways to make a quick buck. Who says you can't profit from a humanitarian crisis?.
- Headline: Reporter's Notebook: Six Days In the Evacuation From Saigon. Impact: The evacuation from Saigon not only marked a turning point in U.S. foreign policy but also paved the way for future 'strategic withdrawals' that we'll look back on with a mix of horror and disbelief.. Fact: There are no happy endings in war; just reporters trying to make sense of chaos while battling caffeine addiction!.
- Headline: Ex‐Gurney Aide Says Mitchell Stopped F.B.I. Inquiry Into Shakedowns. Impact: By halting the FBI investigation, the political landscape was forever altered, ensuring that the phrase 'I’ll take care of it' became the unofficial motto of accountability in government.. Fact: Remember, the best way to stop an investigation is to simply ask the FBI to 'take care of it.' That’s how you get things done in politics!.
- Headline: Sihanouk's Mother Mourned at Rites In Chinese Capital. Impact: The loss of Queen Sisowath Kossomak had repercussions that rippled through Cambodian politics, reminding everyone that even royalty faced the inevitable turns of fate.. Fact: Fun fact: It's believed that the funeral pyre is just a fancy way of saying, 'This is how we ensure you don't come back!'.
- Headline: DUBLIN OFFICIAL SEES NO ACCORD IN ULSTER. Impact: Conor Cruise O'Brien's prediction of no possible government in Northern Ireland became a self-fulfilling prophecy, ensuring that political stalemates would become a beloved tradition.. Fact: In political terms, 'no accord' is just code for 'let's keep arguing until we all forget what we were fighting about in the first place.'.
- Headline: REFUGEES SETTLE IN CONNECTICUT. Impact: The warm reception of Vietnamese families in Connecticut sparked a new wave of community initiatives, leading to more potlucks and the introduction of spring rolls at neighborhood barbecues.. Fact: Connecticut: where everyone claims to be welcoming, as long as they can also throw a great barbecue!.
- Headline: A 30‐Year Reappraisal: Nazis’ Fall, Bonn's Rise. Impact: This retrospective on World War II not only served as a reminder of historical tragedies but also led to countless debates over collective guilt that would echo through generations, proving that history is often the worst kind of teacher.. Fact: Here’s a fun fact: In the aftermath of World War II, many believed that the best way to deal with the past was simply to write books about it—lots and lots of books..
Wall Street Time Machine
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Philip Morris
Philip Morris - If you invested $1,000 in 1975, it would be worth $2,924,036 today (2924.0x return)
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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)