Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON October 6, 1977
Full News Archive
- Headline: Sony Sells Videotape Expertise to RCA. Impact: When Sony decided to sell RCA its videotape expertise, little did they know they were sparking a revolution in home video. Fast forward a few decades, and this partnership led to the rise of VHS tapes, which ultimately paved the way for Netflix binging sessions and the inevitable downfall of social interaction. Thanks, Sony!. Fact: Did you know that RCA's expertise was so advanced that it could probably build a time machine? Too bad they didn't think of that before they sold it..
- Headline: Carter's NYC Visit Highlights Urban Issues. Impact: Carter's sobering visit to the South Bronx was the moment when politicians realized that urban blight was not just a trendy hashtag but a real problem. This sparked a slow crawl towards urban renewal—one awkward press conference at a time.. Fact: Did you know that the phrase 'I will do something' has been a politician's favorite promise since the dawn of time? It's practically a tradition..
- Headline: Head of Copperweld Resigns in Policy Rift. Impact: Philip H Smith's resignation was the catalyst for a corporate game of musical chairs that led to more policy rifts than a family reunion. This event showed that in the business world, sometimes it's better to jump ship than to sink with it.. Fact: Did you know resigning in a policy rift is basically the corporate version of saying 'it's not you, it's me?'.
- Headline: Israeli Banners Are Still Flying Inside Lebanon. Impact: The Israeli banners staying up in Lebanon was a reminder that sometimes cease-fires are just another way of saying 'we're taking a break to regroup.' This led to decades of 'who's really in charge?' games that still play out in the region today.. Fact: Did you know that the only thing harder than finding peace in the Middle East is trying to find someone who can agree on where borders actually are?.
- Headline: ACCORD ON ABORTION SEEMS TO BE DISTANT. Impact: The deadlock on abortion funding was like the world's worst game of tug-of-war, showing that when it comes to government policy, bipartisan agreement is about as rare as a unicorn. This event led to decades of confusion and mixed signals about women's rights.. Fact: Did you know that discussing abortion in Congress is like trying to play chess with someone who only knows checkers? It's a real mess..
- Headline: Hunt Brothers Named To Board of Sunshine. Impact: The Hunt brothers being named to the board of Sunshine was the beginning of a series of corporate power plays that eventually made 'Hunt' a household name—though not necessarily for good reasons. It showed that wealth can buy influence, but not necessarily common sense.. Fact: Did you know the Hunt brothers once tried to corner the silver market? Spoiler alert: It didn't end well for them. Talk about a shiny disaster!.
- Headline: Advertising. Impact: Tom Morgan's publication, 'Politicks & Other Human Interests,' promised to bring all the political drama to the masses—little did he know that it would just be a precursor to Twitter rants and 24/7 news cycles.. Fact: Did you know that 'Politicks' was likely the first time someone thought, 'I should definitely monetize my hot takes!'? And the rest is history..
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)