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 January 9, 1978
Full News Archive
- Headline: Ousted Minister Returns to Pulpit. Impact: Dr. Miles J. Austin's triumphant return to the pulpit sparked a series of events that led to the creation of the 'Slanderous Sermons' podcast, which quickly became a cult favorite among churchgoers looking for a little drama with their hymns.. Fact: Apparently, slandering parishioners is just another way to spice up a lackluster sermon. Who knew church could be so... entertaining?.
- Headline: Senators Tour Panama for Treaty Insights. Impact: This little trip to Panama actually resulted in a secret society of senators who now just vacation together. They call themselves the 'Pajama Party Politicians' and are known for their raucous karaoke nights.. Fact: Because nothing says 'I'm a responsible legislator' like a tropical getaway funded by taxpayer dollars. Cheers!.
- Headline: Norway's Bond Issuance Challenge. Impact: Norway's borrowing woes triggered a global trend where countries began to take out loans for increasingly ridiculous projects, like the first-ever intercontinental hockey rink, which turned out to be a financial disaster.. Fact: Norway was once known as the land of the midnight sun—now they’re just trying to make it through the night without going bankrupt..
- Headline: Around the Nation. Impact: The tornado in Orlando led to the invention of the 'Tornado-Proof Mobile Home,' which ironically became the most sought-after item in the hurricane-prone market.. Fact: Tornadoes: nature's way of reminding us that mobile homes are only 'mobile' until a strong breeze comes along..
- Headline: List of Student Defaulters Shows 40% From Texas and California. Impact: This shocking statistic prompted universities to start offering degrees in 'Creative Loan Defaulting,' leading to a boom in enrollment and a new generation of financially irresponsible graduates.. Fact: If only students majored in 'How to Pay Back Loans,' we'd have a lot fewer defaults and a lot more financial advisors..
- Headline: Limits Formally Proposed on Bank Lending Overseas. Impact: The proposed limits on bank lending resulted in the Great Bank Heist of '85, where banks began hiding their money under mattresses instead of lending it out. The mattress industry saw an unprecedented boom.. Fact: Because nothing screams 'financial responsibility' like stuffing cash into a mattress. Sleep tight, creditors!.
- Headline: 5‐Year‐Old Philippine Martial Law Builds Personal Power of Marcos. Impact: The consolidation of power by President Marcos set a precedent that led future leaders to believe that an iron fist and a great suit could substitute for actual governance, resulting in a series of power-hungry dictators in the decades to come.. Fact: Martial law: the original 'power trip' that inspired countless political science majors to write their theses on how to take over a country with style..
- Headline: Connors Beats Borg in 3 Sets in Battle for No. 1. Impact: This epic match inspired a documentary that ignited a tennis boom among millennials, leading to a revival of the sport that included more headbands and less actual skill.. Fact: The real winner of this match? The headband industry, which saw a 300% increase in sales. Serve it up!.
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1978, it would be worth $7,945,492 today (7945.5x return)
INTC
Intel
Intel - If you invested $1,000 in 1978, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1978, it would be worth $423,037 today (423.0x return)