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 28, 1978
Full News Archive
- Headline: Paris Couture Collections Celebrate Timeless Traditions. Impact: This event led to a fashion revolution where everyone believed wearing a beret and a striped shirt made them a Parisian, resulting in a global rise in pretentious café orders.. Fact: Did you know that in the fashion world, 'tradition' often means 'let's recycle styles from 50 years ago and charge triple'?.
- Headline: G.M. Profits Increase Amid Market Challenges. Impact: This tiny profit climb prompted G.M. executives to launch a motivational campaign titled 'Every Percent Counts,' leading to countless cringe-worthy team-building exercises.. Fact: Did you know? A 1% profit increase is often celebrated in corporate boardrooms as much as a toddler's first step—adorable but not exactly groundbreaking..
- Headline: New Face: David Huffman Ex-Terrific Liar Gives Honesty a Boost in Film. Impact: David Huffman's newfound honesty in film led to the rise of a bizarre genre where liars turned truth-tellers became the hottest trend, resulting in a shortage of dramatic plot twists.. Fact: Interestingly, Hollywood still hasn't figured out if lying or honesty sells more tickets—guess we'll just keep watching the same recycled plots!.
- Headline: Upstate, a Festival for People With Hillbilly Souls. Impact: The Berkshire Mountains Bluegrass Festival inadvertently popularized the phrase 'hillbilly chic,' leading to a fashion line that consisted exclusively of overalls and trucker hats.. Fact: Did you know? The term 'hillbilly' was once considered derogatory, but now it's just a marketing strategy for artisanal moonshine..
- Headline: Las Vegas Concern Details Risks In Plans for Atlantic City Casinos. Impact: This cautionary tale led to a surge in gambling addiction awareness—right before everyone forgot and decided that betting on the next reality show contestant was a great idea.. Fact: Fun fact: Atlantic City was once the gambling capital of the East Coast, until it realized it could just become a glorified boardwalk instead..
- Headline: Art: Jim Dine Etchings at the Modern. Impact: Jim Dine's etchings sparked a miniature art revolution, leading to people believing that doodling on napkins was now a legitimate form of high art.. Fact: Did you know? Etching is a process so intricate that it makes even the most complex TikTok videos look like child’s play..
- Headline: All's Fair in Middletown At Big Farming Show. Impact: The Big Farming Show led to an unexpected boom in competitive pig racing, forever changing the landscape of small-town entertainment.. Fact: Fun fact: At farming shows, the phrase 'all's fair' means you might lose your prize pig to a surprise competition with a well-trained oinker..
- Headline: Notes on People. Impact: Mayor Koch’s presentation to Yul Brynner inadvertently inspired a wave of actors to demand civic awards, leading to a bizarre moment where a cat won an award for 'Best Supporting Actor.'. Fact: Fun fact: The Bronze Medallion is NYC's highest civic award, which is ironic considering the city has a lot of gold-plated problems..
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)