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 December 7, 1978
Full News Archive
- Headline: Trial on Beverly Hills Supper Club Fire. Impact: The Beverly Hills Supper Club fire trial is upheld, leading to a series of legal precedents that ultimately inspire future courtroom dramas, but also inadvertently lead to a rise in popcorn sales during trials. Who knew courtroom tension could be so crunchy?. Fact: Did you know that courtroom dramas are now a staple of TV? They say art imitates life, but in this case, it’s more like 'life imitates a dramatic twist ending.'.
- Headline: Spanish Constitution Sweeps Referendum Vote. Impact: The new Spanish Constitution marks the end of the Franco era, which leads to a cultural renaissance in Spain. This, of course, inspires a series of ill-fated tapas bars across the globe, proving that democracy often comes with a side of calamari.. Fact: Fun fact: The abstention rate was so high that it became a trend; people didn't just abstain from voting, they also abstained from making decisions about what to have for dinner!.
- Headline: Justice Department May Modify Its Stand on Veteran Preferences. Impact: The Justice Department's hints at modifying veteran preferences leads to a nationwide debate about what it means to serve, ultimately resulting in a new reality show called 'Who Served It Better?'. Fact: Fun fact: This whole situation could have been avoided if everyone just played a good game of 'Rock, Paper, Scissors' instead of stirring the pot..
- Headline: Bank Data Subpoenaed by U.S. In Search for Guyana Cult Funds. Impact: The subpoenas for bank records in the U.S. linked to the People's Temple spark a nationwide interest in cult documentaries, leading to an explosion of conspiracy theories and a rise in tinfoil hat sales.. Fact: Did you know that the IRS is basically the world’s most boring detective? They’re just really good at finding cults and tax evaders, but terrible at solving mysteries in a fun way..
- Headline: HARRISON G. HULL JR.. Impact: Harrison G. Hull Jr.'s brief mention incites a wave of research into obscure historical figures, ultimately leading to a trending hashtag: #HullWasHere, which is ironically not about him but rather a popular meme about fish.. Fact: Did you know that being mentioned in the news can make you a minor celebrity? Just ask all those people who were in the background of viral videos!.
- Headline: Lucile Koshland, at 80; Long in Voters' League. Impact: Lucile Koshland’s legacy in the Voters' League inspires generations of future activists, leading to an explosion of grassroots movements powered by social media, because nothing says 'change' like a well-filtered Instagram post.. Fact: Did you know that joining a voters' league is basically the original form of social networking? Only instead of likes, you just got a lot of flyers!.
- Headline: Board of Education Prepares To Close Underused Schools. Impact: The Board of Education's decision to close underused schools sends shockwaves through communities, ultimately leading to a nationwide movement to repurpose closed schools as trendy coffee shops—because who needs education when you have lattes?. Fact: Fun fact: The only thing more expensive than a college education is the artisanal coffee served in those trendy repurposed classrooms!.
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)