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 29, 1978
Full News Archive
- Headline: Redlining Controversies in New Jersey. Impact: Had these redlining regulations not been introduced, you might have seen a whole different real estate market where banks actually lend to everyone. Can you imagine? A world where people could live in neighborhoods without being judged by their zip code? Shocking.. Fact: Did you know that redlining was so effective, it not only shaped neighborhoods but also created a whole generation of urban legends about why certain areas were 'bad'? It's like a real-life game of Monopoly, but without any of the fun..
- Headline: Argentina's Alleged Assassination Plot Uncovered. Impact: If Argentina hadn’t sent that assassination team to Mexico, they might have avoided a whole lot of diplomatic fallout. Instead, they became part of a plot twist worthy of a telenovela. Talk about bad PR!. Fact: Did you know that the Montoneros have a knack for melodrama? If only they had channeled that energy into a musical instead—'Assassination: The Musical' could have been a hit!.
- Headline: East and West Germans Seek Improved Relations. Impact: This meeting was so pivotal that it laid the groundwork for future reunification talks. Think of it as the awkward family reunion before the Thanksgiving dinner where everyone pretends to behave.. Fact: Did you know that East and West Germany meeting was like two estranged siblings trying to figure out who gets the family dog? Spoiler: they still didn't agree..
- Headline: Critics of the Movie Business Find Pattern of Financial Irregularities. Impact: These financial irregularities prompted Hollywood to tighten its belt—like trying to fit into jeans after a buffet. Who knew that shady accounting could lead to a cultural renaissance?. Fact: Did you know that Hollywood has more plot twists than a David Lynch movie? Financial irregularities are just the icing on the cake of dysfunction..
- Headline: Wagner Keeps Making Daily Discoveries in Planning Job; A Reluctant Politician?; Staff Is Much Larger. Impact: Wagner's planning role could have transformed NYC into a futuristic utopia, or at the very least, a place where public parks didn’t look like overgrown jungles. But we all know how that goes—more bureaucracy, less vision.. Fact: Did you know that Wagner's staff was so large, it could have formed its own political party? The 'Committee for Planning and Snacks' would have been a hit..
- Headline: BEHIND THE BEST SELLERS. Impact: This headline is too vague. If only we had a crystal ball to see whether these best sellers would be remembered as classics or just a pile of forgotten paperbacks.. Fact: Did you know that 'behind the best sellers' is where the real drama happens? It’s like the backstage of a Broadway show: full of intrigue, jealousy, and a lot of caffeine..
- Headline: The ‘Veto Power’ Of Big Business. Impact: Lindblom's thesis might have inadvertently inspired countless economists to don tinfoil hats, convinced that big business was really pulling the strings behind the curtain. Spoiler alert: they were.. Fact: Did you know that this 'veto power' is akin to a game of chess where corporations are the grandmasters? They don't just checkmate; they buy the whole board..
- Headline: Nicaragua Imposes Emergency Law. Impact: Somoza's emergency law was like throwing a wet blanket on a bonfire. It may have put out some flames but ended up smothering any hope for peaceful dialogue.. Fact: Did you know that invoking emergency laws is like yelling 'fire' in a crowded theater? Only this time, the audience was already on edge..
- Headline: POLITICS; Another Bridge To Nowhere?; You've got to show me the economic benefit that will result from crossing the Sound’. Impact: This bridge proposal became a running joke in local politics, with taxpayers wondering if they’d have to swim to Connecticut instead. A true testament to government efficiency!. Fact: Did you know that 'Another Bridge to Nowhere' could be the sequel to an award-winning documentary? Spoiler: it features a lot of frustrated commuters..
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)