Breakthroughs and everyday innovations from the year.
HEADLINES ON November 7, 1975
Full News Archive
- Headline: Polls Show Americans Support NYC Aid. Impact: If only the rest of the country knew that bailing out NYC would eventually lead to the creation of reality TV shows about rich people in Manhattan. Thanks, polls!. Fact: Polls are like weather forecasts; everyone loves to complain about them, especially when they don't align with their own delusions..
- Headline: Inequities in NYC's Public Assistance Funding. Impact: This little study on public assistance might just be the reason why New Yorkers are still inventing new ways to beg for more funding, or was it just the coffee?. Fact: New York: where paying taxes is just an expensive way to fund the next big Broadway flop..
- Headline: Senate Votes on Defense Fund Cuts. Impact: The F-18 fighter jet would eventually protect America from alien invasions, because apparently, the government thought that was a priority.. Fact: The only thing more inflated than military budgets is the egos of the generals overseeing them..
- Headline: Kissinger Says Status Is Unchanged by Shake‐Up. Impact: Kissinger’s assurances that arms sales were unchanged probably led to some very interesting dinner conversations with his friends at the 'No Moral Compass' club.. Fact: Kissinger said he could sell ice to Eskimos, but it turns out he was just selling arms to everyone else instead..
- Headline: Massachusetts U. Official. Impact: Bulger's appointment could have been the start of a long line of very qualified people doing their best to fix a broken system, which, spoiler alert, didn't happen.. Fact: If you thought university politics were complicated, try being chancellor while also trying to manage a medical school. Good luck with that!.
- Headline: Goldin Lists Out‐of‐State V enders With City Pacts. Impact: Goldin's financial woes foretold the rise of 'crowdfunding' for public works — a concept that would later confuse and amuse everyone.. Fact: In a city full of skyscrapers, it’s ironic that they couldn’t pay the bills — maybe they should have tried a bake sale?.
- Headline: Drill Instructor Charged. Impact: Sgt. Roe's charges may have sparked a nationwide campaign to ensure drill instructors had better hobbies than extorting money from soldiers.. Fact: It seems the military has a penchant for drama, but who knew it could rival a soap opera in plot twists?.
- Headline: Metropolitan Briefs. Impact: The murder case of George Howard Hodge might have inspired a whole genre of crime documentaries where the spouse is always the prime suspect.. Fact: In the world of life insurance, crime really does pay, at least until it doesn't..
- Headline: Assemblymen Voice Support of Steingut. Impact: Steingut's indictment and the subsequent support could only mean one thing: the perfect storm for a political thriller — or at least a bad sitcom.. Fact: In politics, losing your integrity is just another Tuesday — they’ll all be back for the next election cycle, trust me..
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)