Breakthroughs and everyday innovations from the year.
HEADLINES ON June 17, 1975
Full News Archive
- Headline: Exploring 'Liberal Parents, Radical Children'. Impact: Midge Decter's book inspired countless parents to overanalyze their children's reading choices, leading to an entire generation of kids pretending to enjoy 'War and Peace' just to avoid awkward dinner conversations.. Fact: Did you know that reading books is still considered a radical act in some circles? You know, like joining a cult, but with less chanting..
- Headline: Swedish King Celebrates US Bicentennial. Impact: King Carl XVI Gustaf's visit sparked a new era of Swedish-American relations, resulting in the invention of the 'Swede Burger' and overpriced furniture stores popping up across the U.S.. Fact: Fun fact: The last time a king visited Jamestown, they actually had a tea party, but no one showed up because they were busy with their own revolution..
- Headline: Nebraska Recruits Vietnamese Doctors. Impact: Recruiting Vietnamese doctors in Nebraska led to the establishment of the first-ever 'Doctors Without Borders' but in the form of a really awkward road trip across America.. Fact: Did you know that small towns in Nebraska still have more cows than doctors? It's a real-life episode of 'The Twilight Zone'..
- Headline: Argonaut's Malpractice Premiums in '74 Amounted to $35‐Million, Claims $24,000. Impact: Argonaut Insurance's decision to abandon malpractice insurance sparked a wave of 'insurance-free' doctors, leading to an underground market for medical care that included bartering for home-cooked meals.. Fact: Did you know that malpractice insurance is basically the adult version of wearing a helmet? It’s not cool, but it’s definitely safer..
- Headline: Supreme Court's Actions. Impact: The Supreme Court's refusal to sustain the indictment caused a ripple effect that led to a generation of law students thinking they could get away with anything if they just had the right connections.. Fact: Fun fact: The Supreme Court has been known to make decisions that would make even the most seasoned soap opera writers cringe..
- Headline: REDS CAIN WISELY IN ITALIAN VOTING. Impact: The Italian election results led to a decade of confusing political alliances and a genre of films called 'Political Dramas', which no one actually understood but everyone pretended to appreciate.. Fact: Did you know that Italian politics are so complicated they make quantum physics look like child's play? Good luck finding a straightforward answer!.
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)
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Walmart
Walmart - If you invested $1,000 in 1975, it would be worth $32,670,879 today (32670.9x return)