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 May 25, 1978
Full News Archive
- Headline: Major Drug Ring Busted in Jersey. Impact: The arrest of these drug ring members led to a sudden spike in the popularity of 'angel dust' in underground circles, resulting in a whole subculture that eventually inspired a popular 90s sitcom about quirky roommates living in a drug-infested neighborhood. Ah, the power of bad decisions!. Fact: Did you know 'angel dust' was actually first synthesized in the 1950s as an anesthetic? Just goes to show, sometimes the best intentions lead to the worst parties..
- Headline: Elderly Camp Experience in the Countryside. Impact: These camps for the elderly not only provided respite but gave rise to a whole genre of senior citizen reality TV shows in the 2000s, where grandpas and grandmas competed for best bingo player. Who knew retirement could be so cutthroat?. Fact: Fun fact: Many campers claim the secret to longevity is just avoiding Wi-Fi and social media. Apparently, the 'like' button is the real enemy of a peaceful retirement..
- Headline: Preserving Historic Neighborhoods Against Development. Impact: The successful preservation efforts in these cities sparked a nationwide movement, leading to the creation of the 'Historic Neighborhood' tourism trend. It turns out, people love paying to walk through neighborhoods that are just like the ones they left behind!. Fact: They say nostalgia is a powerful drug. Little did these communities know that the fight against developers would eventually turn into a trendy hipster Instagram hashtag: #SaveTheOldStuff..
- Headline: Hunters Dine to Aid Wildlife. Impact: The Safari Club's unusual fundraising dinner set the stage for future 'dine and dash' events where people would eat gourmet meals in fancy restaurants to support various causes, leading to a rise in culinary-themed criminal activity. Who knew charity could be so deliciously illegal?. Fact: You know, serving elephant meat for conservation is like serving bacon at a pig rescue fundraiser. Just a touch of irony, wouldn't you say?.
- Headline: Music: Schuller Conducts. Impact: Gunther Schuller's concert led to a generation of conductors who believed they could be rock stars. This resulted in increasingly outrageous concert attire and even a brief trend of 'conducting battles' that resembled rap battles more than orchestral performances.. Fact: Fun fact: Conducting is the only profession where you can wave your arms around wildly and still get paid. Imagine if we could all get away with that at work!.
- Headline: Stage: ‘Suicide Prohibited’. Impact: This play's title sparked a wave of similarly absurd titles in theater, paving the way for works like 'Marriage: No Exits' and 'Job Security: A Comedy'. It also led to several existential crises among theater-goers who were confused about why they were laughing.. Fact: The title alone made this play a crowded house! Who knew that a prohibition could attract so much attention? Maybe we should ban more things!.
- Headline: Monetary System Reform Opposed by Blumenthal. Impact: Blumenthal's strong opposition to reforms sent shockwaves through the financial world, prompting a series of conspiracy theories about him being in cahoots with the dollar itself. Little did they know, he was just trying to avoid the paperwork associated with change!. Fact: It's funny how 'stability' in the economy is often just code for, 'We have no idea how to fix this mess, so let's just keep pretending everything's fine.'.
- Headline: Kennecott Claims Victory Over Curtiss‐Wright. Impact: This corporate battle over proxy votes led to an increase in office politics, inspiring the phrase 'proxy war' to be used in both corporate and geopolitical contexts. The real winners? Office coffee machines, which saw a rise in usage during long, drawn-out meetings.. Fact: In the world of corporate battles, a 'clear-cut victory' usually means the battle was so close that no one really won, except for the lawyers involved, of course..
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)