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 July 20, 1978
Full News Archive
- Headline: Nashville Arts Center Blaze Report. Impact: This fire led to an unexpected boom in local fire safety regulations, inadvertently causing Nashville to become the first city to require all arts centers to have a 'flame-proof' dance floor. Who knew safety could be so... artistic?. Fact: Did you know that Nashville's biggest export is actually its music? But after this fire, they might consider adding fire extinguishers to the list!.
- Headline: Union Chief Faces Embezzlement Charges. Impact: This indictment sparked a nationwide wave of union distrust, leading to the rise of 'secret meetings' where union members just plotted how to get away with stealing snacks from the break room instead of funds.. Fact: Did you know that embezzlement in unions often leads to the creation of motivational posters? The first one read: 'If you're going to steal, at least make it memorable!'.
- Headline: Los Angeles Games Deadline Extended. Impact: This extension turned into a legendary procrastination technique later adopted by students everywhere, leading to the invention of the phrase 'The Los Angeles Method' for any deadline-related excuses.. Fact: Did you know that Los Angeles has more traffic jams than any city in the world? So extending deadlines just seems like the logical thing to do!.
- Headline: Air Force Says New Missiles May Need Area the. Size of Connecticut. Impact: This ambitious plan led to a sudden spike in real estate prices in Connecticut, as everyone suddenly wanted to live near the 'Missile Zone,' completely redefining the term 'prime real estate.'. Fact: Did you know that Connecticut is known for its charming small towns? Just imagine a quaint town meeting discussing the placement of missiles over cookies and lemonade!.
- Headline: Senate Cuts Housing Bill Back to Carter's Request. Impact: This 'victory' led to a series of housing crises that prompted an increase in creative living arrangements, including 'under-the-bridge' communes—one of which was later featured on a reality show.. Fact: Did you know that politicians often measure victory by how much they can cut from budgets? It's like a twisted version of 'The Price is Right' but without the fun prizes..
- Headline: American Can Gains. Impact: This corporate success led to the unintentional rise of a hipster craft movement in canning, resulting in 'artisanal canning workshops' where people pay to learn how to preserve their organic kale.. Fact: Did you know that American Can's success led to an explosion of can-related puns? They just couldn't 'can' their excitement!.
- Headline: Wyoming Officer's Widow Says Incriminating Data Were Stolen. Impact: This incident drew attention to the importance of securing sensitive information, leading to heightened security protocols that ironically created an underground market for poorly secured data.. Fact: Did you know that security breaches often lead to more stringent laws, but also to the rise of the 'data black market'? It's like a dystopian version of eBay!.
- Headline: Facing Soviet Reality. Impact: This statement led to a slow but steady increase in public dissent against oppressive regimes, inspiring movements that would eventually change the face of Eastern Europe—thank you, Anthony Lewis, for being a voice of reason.. Fact: Did you know that the Helsinki agreements were a pivotal moment in Cold War history? Ironically, they were also the inspiration for countless political debates over coffee..
- Headline: Dollar Off Again on Japanese Surplus. Impact: The dollar's decline led to a cultural phenomenon where Americans began hoarding yen, believing it would become the new gold standard—spoiler alert: it didn't.. Fact: Did you know that the only thing falling faster than the dollar was the confidence of economists? They really should consider investing in parachutes!.
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)