Breakthroughs and everyday innovations from the year.
HEADLINES ON June 22, 1977
Full News Archive
- Headline: Opposition to U.S. Loan for Portugal. Impact: Had the Europeans not opposed the U.S. lending to Portugal, Portugal might have turned into a financial superpower, leading to a European Union dominated by pastel de nata and fado music, instead of bureaucracy and endless meetings.. Fact: Opposing loans from the U.S. is basically the European way of saying, 'We can handle our own mess, thank you very much!' Spoiler: They often can't..
- Headline: Wells Fargo and Brink's Indicted for Bid Rigging. Impact: The indictment led to an eternal game of cat and mouse between banks and regulators, eventually spawning a reality show where executives try to outsmart the law while sipping overpriced coffee.. Fact: In the future, we’re still waiting for the day when banks stop playing Monopoly with our money, but it looks like that day is still far off..
- Headline: Chilean Surrenders After Hijacking Jet. Impact: Tamayo's hijacking might have inspired future hijackers to rethink their strategies, leading to a bizarre trend of using air travel for drama rather than transport, ultimately resulting in the invention of in-flight entertainment.. Fact: But hey, thanks to this event, we now have the phrase 'this flight is not a hostage situation' as a standard safety announcement!.
- Headline: In Search of Conscience on Abortion. Impact: This discussion on abortion set off a chain reaction that fueled decades of debate, prompting future politicians to master the art of dodging questions with the skill of a seasoned magician.. Fact: Who knew that discussing reproductive rights could lead to so many men trying to make decisions about women's bodies? Talk about a plot twist!.
- Headline: The City's Odd Balancing Act. Impact: The budget shuffling was a precursor to every fiscal crisis that followed, proving that balancing budgets often requires more sleight of hand than a Vegas magician.. Fact: In budgetary terms, being 'creative' is just a euphemism for 'We’re out of money, but let’s pretend otherwise!'.
- Headline: House Votes to Block Saccharin Ban. Impact: Blocking the saccharin ban might have led to an epidemic of saccharin consumption, which, in turn, resulted in a generation of overly caffeinated, jittery people convinced they were invincible due to their zero-calorie drinks.. Fact: So, if you ever wondered why your grandparents are still around despite their saccharin-laden diets, now you know: they were fueled by pure chemical optimism!.
- Headline: New Religious Movements Considered Likely to Last. Impact: The rise of youth-oriented religious movements eventually caused a rise in hipster churches, where avocado toast is served alongside the sermon, and everyone feels spiritually enlightened while wearing ironic T-shirts.. Fact: In the end, it’s all about seeking that perfect blend of spirituality and brunch, because who doesn't want their soul nourished alongside their stomach?.
- Headline: The Wrong Debate About Intelligence. Impact: This debate about intelligence led to an ongoing saga of intelligence agencies trying to outdo each other, resulting in a future where spy gadgets became more ridiculous than the plots of James Bond movies.. Fact: The irony is that the more they reorganize, the less we know about what they're actually doing. Maybe it's all part of the plan… or just a really bad game of charades..
- Headline: Bill on Multifuel Holdings Has Failings, Official Says. Impact: The failure of this multifuel bill led to energy companies becoming masters of disguise, allowing them to operate in the shadows, ultimately leading to a world where solar panels are considered luxury items.. Fact: Funny how the only thing more complex than our energy policy is trying to figure out how to charge your electric car at a public station without a PhD!.
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)