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 August 3, 1978
Full News Archive
- Headline: Health Concerns at Love Canal Site. Impact: Years later, the Love Canal incident inspires a whole generation of environmental activists, leading to the creation of the EPA, which ironically leads to an increase in paperwork and a decrease in actual environmental protection. Thanks, bureaucracy!. Fact: Did you know that Love Canal was so toxic it could probably make a mutant fly rethink its life choices? Not exactly a vacation spot..
- Headline: Mozart Festival: Serkin, Schneider, Ma Perform. Impact: The Mozart Festival becomes a breeding ground for classical music aficionados, eventually resulting in a global resurgence of interest in 18th-century wigs. You know, for that authentic look.. Fact: Did you know that in the 18th century, wearing a wig was considered fashionable? Today, it’s a sign you either got lost in a historical reenactment or are auditioning for a role in a period drama..
- Headline: Jazz Collaboration: Brand X & McLaughlin. Impact: Brand X and McLaughlin's jazz-rock fusion inspires a wave of hipsters to start their own bands, despite the fact that none of them can play an instrument. Thank you, YouTube tutorials!. Fact: Did you know that 'jazz-rock' is just another way of saying 'let's confuse everyone by mixing genres'? It’s like putting pineapple on pizza; you either love it or you’re confused..
- Headline: Miss Hearst Challenges Conviction, Assails Bailey. Impact: Hearst's attempt to overturn her conviction becomes a popular case study in law schools, eventually leading to the rise of 'celebrity defense' strategies that make actual lawyers cringe.. Fact: Did you know that F. Lee Bailey went on to become a reality TV personality? Because nothing screams 'legal expertise' quite like a televised courtroom drama..
- Headline: Korchnoi Salvages Draw From a ‘Hopeless’. Impact: Korchnoi's unexpected draw revives interest in chess as a sport of mental gymnastics, leading to a surprising increase in chess tournaments and overpriced chess-themed merchandise.. Fact: Did you know that chess players can burn as many calories as a marathon runner? Of course, if you count the calories they consume during those long games!.
- Headline: Blast Rocks Philippine Ship. Impact: The ship explosion leads to stricter maritime safety regulations, which ironically delays the construction of the world's largest floating chocolate factory. Talk about a missed opportunity!. Fact: Did you know that the sea is salty because sailors used to throw their nachos overboard? Okay, maybe not, but wouldn’t that be a fun story?.
- Headline: Talmadge Turning to Attacks on Accusers. Impact: Talmadge's counterattack leads to a series of political scandals that make Watergate look like a minor inconvenience, resulting in a generation of Americans completely disillusioned with their government.. Fact: Did you know that being a politician means you’re basically a professional finger-pointer? It’s like a game of 'who can deflect blame better'..
- Headline: Rutgers Report Urges Joint Action By U.S. and State to Aid Pinelands. Impact: Rutgers' report on the Pinelands sparks a national conversation about environmental preservation, leading to an unexpected boom in eco-tourism. Because nothing says 'nature' like overpriced glamping.. Fact: Did you know that the Pinelands are home to the world's rarest species of plant? Too bad they can't sell tickets to see them – unless you count the squirrels..
- Headline: A Mousse in the Face For Hamilton Jordan. Impact: Hamilton Jordan's mousse incident leads to a bizarre trend of food-related protests, paving the way for hipsters to throw avocado toast at political figures in the 21st century.. Fact: Did you know that chocolate mousse can cause an uproar among partygoers? Just ask Hamilton Jordan; he learned the hard way that dessert can be a weapon..
- Headline: Brief Biographies of the Six Killed in Blaze. Impact: The tragic blaze that claimed six lives prompts greater awareness and fire safety regulations, ironically making it safer to set off fireworks in your backyard than it is to cook in your own kitchen.. Fact: Did you know that fire safety drills are actually just a clever way to keep everyone awake during boring meetings? 'Oh, look, it's time to practice our escape routes again!'.
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)