DECEMBER 1, 1977

Full News Archive

• Headline: NLRB Action Against J.P. Stevens Unions. Impact: The NLRB's decision to seek an injunction against J.P. Stevens triggered a chain reaction leading to the rise of the union movement, which ultimately inspired countless sitcoms featuring lovable blue-collar workers, forever changing the landscape of television humor. Who knew labor disputes could influence '90s sitcoms?. Fact: Did you know that the NLRB stands for National Labor Relations Board? No? Well, that's a shocker, considering they were about to take the world's slowest legal action against a textile giant..
• Headline: Comsat Escrow Fund Payment Order. Impact: Comsat's escrow fund saga laid the groundwork for the current era of confusing financial regulations, where nobody really knows what anyone is doing with their money. It's the perfect breeding ground for conspiracy theories about aliens stealing funds.. Fact: Did you know that 'escrow' sounds like a wizard's spell? If only it worked as magically as it sounds..
• Headline: U.S. and Seoul Reignite Indictment Discussions. Impact: The resumption of U.S.-Seoul talks was the diplomatic equivalent of a soap opera plot twist, where every time you think things are getting serious, they just add more drama and suspense. Spoiler alert: it still didn’t end with a happy ending.. Fact: Did you know that negotiations are just a fancy term for 'let's talk in circles and hope something good happens'?.
• Headline: Koch's Choice for Head of Police Is Said to Be Prosecutor Keenan. Impact: Koch's choice for police commissioner sparked a new trend in city politics where mayors looked for the 'best friend' of law enforcement rather than actual qualifications. This paved the way for future political appointments based on who can throw the best barbecue.. Fact: Did you know that in politics, the term 'prosecutor' is often used interchangeably with 'someone who can keep a straight face while discussing crime rates'?.
• Headline: World News Briefs. Impact: Soares asking Parliament for a vote of confidence was the start of a beautiful political tradition where leaders continually seek validation from their peers. It’s like a never-ending high school popularity contest, but with more paperwork.. Fact: Did you know that asking for a vote of confidence is basically the political version of saying, 'Please like me!'? It’s a real confidence booster..
• Headline: In Art, It's ‘Sold in Hong Kong’. Impact: The auction of Chinese porcelain in Hong Kong marked the beginning of overpriced art sales, where the rich compete to buy items that are essentially fancy dust collectors. This led to the emergence of those 'art investment' seminars we all secretly roll our eyes at.. Fact: Did you know that spending millions on a plate is a great way to impress guests until they realize it’s just a plate with a fancy backstory?.
• Headline: House Panel Leader Says Seoul Tried to Prevent a Witness From Testifying on Korean Lobbying Efforts. Impact: The testimony on Korean lobbying efforts highlighted the lengths people will go to for cash, sparking a thousand 'I know a guy' stories in the world of political funding, and ultimately led to the invention of the phrase, 'Follow the money.'. Fact: Did you know that receiving 'commissions' in the political world is basically code for 'I’m about to get into a lot of trouble'?.
• Headline: Cousins Expects Loss. Impact: Cousins expecting a loss of over $4 million was the precursor to 'creative accounting,' where losses became a badge of honor instead of a cause for concern. This trend eventually led to the infamous phrase, 'It's just business.'. Fact: Did you know that expecting a loss is just corporate speak for 'We should probably start hiding the good snacks'?.
• Headline: WALDHEIM PROPOSAL REJECTED BY ISRAEL. Impact: Israel rejecting Waldheim's proposal was a pivotal moment that set the tone for future diplomatic negotiations, where every party involved would continue to reject each other's ideas until they finally agreed to meet on a spaceship orbiting Mars.. Fact: Did you know that rejecting proposals is a lot like swiping left on dating apps? It’s all about finding the right match. Spoiler: they rarely do..
• Headline: KELLEY AGREES TO REMAIN IN F.B.I. POST TILL FEB. 15. Impact: Kelley agreeing to stay in his FBI post until February marked the rise of the professional 'temporary' role, leading to a world where job commitments are as solid as a politician's promise—fleeting and full of loopholes.. Fact: Did you know that in the FBI, 'till February 15' is code for 'I’m just waiting for a better offer to come along'?.