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 February 3, 1978
Full News Archive
- Headline: Fed Proposes Interest on Checking Accounts. Impact: Allowing interest on checking accounts resulted in a secret society of banks forming, where they collectively decided to make checking accounts seem exciting. Bank heists turned into interest heists.. Fact: Did you know that before this proposal, checking accounts felt more like a black hole for money than a place to earn interest? It’s like putting your cash in a sock drawer and hoping for a miracle..
- Headline: New Findings on Heart Attack Recovery. Impact: This study led to a domino effect of patients claiming they were 'fine' just to get out of the hospital and binge-watch their favorite shows, creating a new wave of couch-potato heart health.. Fact: Did you know that the average hospital stay for a heart attack victim used to be longer than some people's marriages? Talk about commitment issues!.
- Headline: Polanski Flies to Paris as Officials In U.S. Ponder Prosecution Move. Impact: Polanski's flight to Paris sparked a trend where other fugitives began taking 'European vacations' to escape legal troubles, leading to an unexpected boom in travel agencies specializing in 'guilt-free getaways.'. Fact: Did you know that fleeing to Paris has become a rite of passage for anyone in hot water? Forget the Eiffel Tower; it’s all about the escape route..
- Headline: CARTER TELLS KOCH U.S, WILL ASSIST CITY IF IT GETS LOCAL AID. Impact: Carter's conditional assistance led to an endless loop of bureaucracy where local aid became a game of political ping-pong, inadvertently boosting the coffee industry as officials fueled their endless meetings.. Fact: Did you know that local aid discussions have more red tape than a holiday gift-wrapping contest? And just like those gifts, the results can be very disappointing..
- Headline: Two Senators Urge Court to Block Navy Purchase of 22 Light Planes. Impact: This attempt to block the Navy's purchase triggered a secret arms race between Congress and the Navy, where both sides began to secretly compete to see who could make the most ridiculous budget requests.. Fact: Did you know that the U.S. spends more on military aircraft than most countries spend on their entire education system? Who needs schools when you have fighter jets?.
- Headline: Billy Graharn's Latest Crusade: The Gospel in Las Vegas. Impact: Graham's Las Vegas crusade inadvertently turned Sin City into a hotspot for religious revivals, where slot machines became confessionals for the soul-searching gambler.. Fact: Did you know that Billy Graham preaching in Vegas was like mixing holy water with champagne? It’s a miracle if anything sticks!.
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)