Breakthroughs and everyday innovations from the year.
HEADLINES ON August 4, 1977
Full News Archive
- Headline: Carter's Bold Marijuana Proposal Unveiled. Impact: Had Ed not lauded Carter's marijuana proposal, perhaps weed wouldn't be the billion-dollar industry it is today. Instead, we might still be arguing over whether it’s more effective to use it for pain or just as a pizza topping.. Fact: Did you know that in 1977, disco was also a thing? I guess everyone was too busy dancing to think about the implications of legalized weed!.
- Headline: Tactile Art Experience for Blind Visitors. Impact: This tactile exploration might have sparked a revolution in museum accessibility, leading to future art forms that cater to all senses. Who knew that the future of museums would involve more than just eye candy?. Fact: Fun fact: The Met still hasn’t figured out how to make a touch-friendly exhibit of the Mona Lisa. Maybe they need to re-think their strategy!.
- Headline: SEC Fraud Suit Against Cenco Dismissed. Impact: By dismissing the SEC suit, CENCO may have inadvertently paved the way for future corporate frauds. Who needs regulations when you can just wave them goodbye, right?. Fact: Did you know that in the same year, the SEC was busy trying to figure out how to spell 'fraud' correctly? It’s not as easy as it looks!.
- Headline: Around the Nation. Impact: This reversal on filming executions might have inspired a new genre of reality TV: 'Execution Live,' where the stakes are literally life and death. Because who wouldn’t want to watch that?. Fact: Fun fact: Back in the day, people were actually excited about the idea of televised executions. Today, we just binge-watch shows about them instead!.
- Headline: School Official Suing Navy Over Boat Loss. Impact: This lawsuit might have inspired future generations of school officials to sue for everything from lost pencils to paper cuts, leading to the glorious age of the 'litigious educator.'. Fact: Did you know that in 1977, no one really cared about the Navy's sinking boats? They were too busy with their own sinking ships, like the economy!.
- Headline: Soviet Aide Calls Criticism of Carter Policies Genuine. Impact: If the Soviets had just kept their criticisms to themselves, perhaps the Cold War might have thawed a little sooner. Or maybe they just enjoyed the drama of it all.. Fact: Did you know that this was a time when both sides were more concerned about their haircuts than actual policy? Priorities!.
- Headline: C.I.A. DIRECTOR GIVEN WIDE BUDGET POWER IN CARTER PROPOSAL. Impact: By empowering the CIA director, future administrations might have inadvertently created a game of 'who can spend the most on spy gadgets.' Spoiler alert: It's always the CIA.. Fact: Fun fact: This was the beginning of the CIA's obsession with shiny toys. Who could have predicted the rise of the spy drone?.
- Headline: President, Signs Strip‐Mining Bill, But Cites Defects. Impact: By signing this bill, Carter might have unintentionally set the stage for future environmental debates, where everyone loves to shout, 'But what about the trees?!'. Fact: Did you know that this bill was so poorly received that even the trees were probably rolling their eyes? They knew it was a bad deal!.
- Headline: ‘Always Working’. Impact: Buddy Tate's performance could have sparked a renaissance of multi-instrumentalists taking over nightclubs, leading to a series of 'one-man bands' that would make anyone question their life choices.. Fact: Did you know that playing six instruments at once is still not as impressive as getting through your Monday morning meeting without falling asleep?.
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)