Breakthroughs and everyday innovations from the year.
HEADLINES ON June 18, 1977
Full News Archive
- Headline: Honor and Sacrifice: The Murray Family's Story. Impact: If Officer Brian J. Murray hadn't disarmed that bomb, perhaps the Croatian nationalists would have turned to knitting instead, leading to a worldwide yarn shortage. The future of fashion would have been very different!. Fact: Medals of Honor are awarded for extraordinary heroism, which makes you wonder what the medal would look like for just surviving a family dinner..
- Headline: NYC Fiscal Unit Delays Budget Decision. Impact: The budget delay led to a series of public outcries that eventually resulted in a reality show about financial management, 'Budgeting with Beame,' which flopped faster than a penny in a wishing well.. Fact: Delaying budget decisions is a time-honored tradition in politics, second only to the tradition of blaming it all on the previous administration..
- Headline: Francis X. Giaccone, 80; Former New York Justice Served on Rights Panel. Impact: Francis X. Giaccone's work on the Rights Panel inspired a slew of 'Justice League' fan fiction, where he was portrayed as a superhero fighting for justice with nothing but a gavel and a strong sense of ethics.. Fact: Being on a rights panel is about as exciting as watching paint dry, only with more paperwork..
- Headline: Beame Accused of Failing to Get Millions in Taxes and U.S. Funds. Impact: Bella Abzug's accusations sparked a nationwide trend of politicians blaming their predecessors for everything, including bad hair days and missing socks.. Fact: Politicians love to point fingers, especially when it comes to taxes; it’s the only time they can get away with it without a lawsuit..
- Headline: Music: A Match. Impact: Burton Cummings and the Pezband's performance is rumored to have inspired a new generation of musicians to combine candy and rock music, leading to the infamous 'Sugar Rush' genre.. Fact: Music critics often describe performances as 'rev'd' instead of 'revived' to avoid sounding like they just woke up from a nap..
- Headline: Police ‘Fence’ Leaves Behind 73 Indictments. Impact: The undercover operation left behind a trail of indictments that inspired an entire genre of detective novels, where every character was just a cop in disguise trying to catch themselves.. Fact: Recovering stolen government checks sounds impressive, but it’s really just a fancy way of saying they found a bunch of taxpayers’ money lying around..
- Headline: Schmidt Agrees To Stop, Export Of Nuctear Data. Impact: Chancellor Schmidt's agreement to export nuclear data created a ripple effect that led to the creation of an international 'Nuclear Data Exchange Program,' which was ironically more like a book club for spies.. Fact: Nuclear data is the only kind of information that can literally blow your mind, but it’s also the least fun topic at parties..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1977, it would be worth $10,678,835 today (10678.8x return)
INTC
Intel
Intel - If you invested $1,000 in 1977, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1977, it would be worth $414,492 today (414.5x return)