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 June 8, 1978
Full News Archive
- Headline: Environmental Agency Proposes Rule Changes. Impact: The proposed rules spark a nationwide debate that leads to the Great Recycling War of the 90s, where people hoard cans like they're gold. This ultimately results in the invention of eco-friendly fashion—because nothing says 'I care about the planet' like wearing a dress made of old soda bottles.. Fact: Did you know that the first recycling bin was actually just a cardboard box labeled 'Not for Trash'? Still more effective than some current initiatives..
- Headline: Exploring Charleston's Artistic Heritage. Impact: Charleston’s rise as an arts hub sets off a chain reaction, leading to an explosion of hipster coffee shops and artisanal craft fairs throughout the country. In 20 years, every small town will have its own 'artisanal' version of everything!. Fact: Charleston is so artsy that even the pigeons are trained to pose for pictures. Watch out, Instagram influencers!.
- Headline: Gumbinner Heads Anesh, Visertear. Impact: Paul S. Gumbinner's elevation sends shockwaves through the corporate world, leading to a decade where everyone suddenly feels qualified to lead. This culminates in a bizarre trend of pets being hired as CEOs in a misguided attempt to promote 'paw-sitive' company culture.. Fact: In corporate circles, the name 'Gumbinner' was thought to be a typo for 'Gumball Machine Owner.' Guess that explains the candy-themed office parties!.
- Headline: Koch Is Assailed in House Debate, But Aid‐Bill Passage Is Predicted. Impact: Mayor Koch's drama-filled debates lead to a new political strategy called 'the Koch Maneuver,' where insults become the primary form of persuasion, forever changing the nature of political discourse. Presidential campaigns eventually resemble wrestling matches.. Fact: The phrase 'Koch it up!' became a temporary catchphrase in the 80s, used mainly by those who didn’t actually know what it meant..
- Headline: Newsweek and The Times Reach Settlement on Memoirs of Haldeman. Impact: The settlement sets a precedent for media disputes, leading to the establishment of 'The Gossip Court,' where celebrities and journalists settle their beefs in front of a live audience. Ratings skyrocket, resulting in a new genre of reality TV—'Courtroom Drama: The Reality Show.'. Fact: Haldeman's memoirs are so scandalous that even the editors needed therapy after reading them. Talk about 'heavy reading!'.
- Headline: About New York. Impact: The awareness campaign for women office workers ignites a revolution that reshapes workplace policies across the nation. This eventually leads to the establishment of 'Take Your Cat to Work Day,' as employers try to distract from their terrible wage practices.. Fact: The first 'Take Your Cat to Work Day' was a disaster—turns out cats are not great at filing paperwork. Who knew?.
- Headline: Plan Seeks To Lessen F.C.C. Role. Impact: The bill to reduce FCC powers gives rise to a new era of 'free-for-all' broadcasting, where the wild west of the airwaves leads to programs that feature everything from cat yoga to live-action cooking with lasers. Ratings soar, and actual news becomes a niche market.. Fact: This was the beginning of the 'Reality News' trend, where journalists competed to see who could deliver the most outrageous headlines while wearing a clown costume..
- Headline: Pennsylvanian Held in Fire Case. Impact: The case of Thomas Cornwell Pyle illustrates the dangers of arson, leading to stricter building codes and fire safety regulations. This event sparks a national conversation about fire safety that echoes through the years, ultimately influencing everything from movie plots to safety commercials.. Fact: Arson is one of the few crimes where you can literally get burned out. But let's hope he didn't think playing with fire was a good idea..
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)