Breakthroughs and everyday innovations from the year.
HEADLINES ON November 6, 1978
Full News Archive
- Headline: Candidates for U.S. Senate and Governor. Impact: This election cycle inspired future candidates to think that if they just throw enough names into the hat, one might stick. Hence, the birth of 'Vote for the Best of the Worst' slogan in politics.. Fact: Fun fact: The only thing more chaotic than party candidates is the number of coffee cups they consume while pretending to care about your issues..
- Headline: Governor Grasso's Campaign Momentum. Impact: Governor Grasso's front-runner status led to a nationwide trend of candidates being declared front-runners based on who could yell the loudest at a rally, eventually resulting in the creation of reality TV politics.. Fact: Did you know that the only thing more inflated than the candidates’ egos during elections is the amount of hot air in their speeches?.
- Headline: George Clarke-Martin Breaks Speech Record. Impact: George Clarke-Martin's epic speech record paved the way for the eventual invention of the mute button, which became essential in future political debates.. Fact: Fun fact: After this speech, it was discovered that the average human attention span is shorter than the time it takes to get through a single political ad..
- Headline: TENG TRANSFORMING CHINA OF MAO's ERA. Impact: Teng Hsiao-ping's reforms were like a Chinese puzzle that took decades to piece together, leading to a modern economy that still mystifies the West.. Fact: Did you know? Teng's ability to outmaneuver his rivals was so impressive that it inspired many a politician to take up chess instead of politics..
- Headline: Bradley Is Favored Over Bell in Jersey Race for Senate. Impact: Bill Bradley's favorite status in the Senate race ushered in an era where being favored meant absolutely nothing, as the political landscape became a game of 'who has the most famous friends.'. Fact: Did you know? The only thing more favored than politicians in New Jersey is the pizza, which has a much better approval rating..
- Headline: Carey and Duryea Clash Over Finances in Debate. Impact: Carey and Duryea's debate over finances turned into a master class in how to dodge questions, setting the standard for all future political debates.. Fact: Fun fact: Most financial debates are more about who can look more confused while discussing numbers than actually making sense..
- Headline: U.S. Officials Fearful That Shah May Lose Control If He Does Not Take Decisive Steps Within 2 Days. Impact: The Shah's indecisiveness was like a pebble dropped in a pond, sending ripples of unrest that eventually led to waves of revolution in Iran, changing the course of Middle Eastern history.. Fact: Did you know? The Shah's inability to decide quickly led to the greatest collection of 'What Ifs' in Iranian history..
- Headline: Hopes Fading for a Negotiated Settlement in Iran as Shah Turns to Army. Impact: The Shah's military orders were the catalyst for a game of political dominoes, where one wrong move led to an entire regime falling apart, setting a precedent for other leaders to ignore their people's cries.. Fact: Fun fact: The Shah's turning to the army for control is a classic example of 'when in doubt, bring in the tanks' – a strategy that has rarely gone well in history..
- Headline: Teng Begins Southeast Asian Tour To Counter Rising Soviet Influence. Impact: Teng's Southeast Asian tour was like a chess match against Soviet influence, where every move was calculated, leading to a game that continues today, with nations still trying to outmaneuver each other.. Fact: Did you know? Teng’s trips were so pivotal that they inspired the phrase 'diplomacy is just chess for people who don’t like to sit still.'.
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)