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 January 5, 1979
Full News Archive
- Headline: New Developments in Kew Gardens. Impact: The construction of luxury buildings in Kew Gardens eventually led to a real estate boom, which prompted urban gentrification. Fast forward a few decades, and hipster cafes are now selling $10 avocado toast where a 6-story apartment once stood. Who knew a simple apartment could lead to such overpriced brunches?. Fact: If you think building luxury apartments is a new trend, think again. People have been trying to turn neighborhoods into posh enclaves since the dawn of civilization. Apparently, 'affordable housing' was just a phase..
- Headline: Massive Heist at Purolator Securities. Impact: The heist of $1.5 million inspired a new trend in security: coffee breaks should be strictly monitored. In the long run, this led to the invention of the coffee break alarm, which ironically became a meme for 'how not to steal money'.. Fact: Did you know that the best way to ensure a coffee break is safe is to not rob an armored car right after? But hey, at least the guards got their caffeine fix!.
- Headline: Demolition of the Blenheim Hotel. Impact: The demolition of the Blenheim Hotel set a precedent for developers everywhere to bulldoze historical landmarks in the name of 'progress'. This trend eventually led to entire cities losing their character, leaving behind nothing but cookie-cutter buildings and a longing for the good old days.. Fact: The Blenheim was not just a hotel; it was a symbol of days gone by. Now, it’s just another cautionary tale of how not to value your history – thanks, Bally Manufacturing!.
- Headline: Rotz Named a State Steward. Impact: John Rotz being named a state steward might seem trivial, but it set off a chain reaction of questionable appointments in various organizations. This later resulted in a meme-worthy series of 'who the heck is this person?' moments in state politics.. Fact: Congratulations, John Rotz! You’re now part of a distinguished group of people with vague titles and little accountability. Welcome to the club!.
- Headline: New Faces: A Guide to Fresh Talent in the City Now. Impact: The emergence of fresh talent in NYC's dance scene led to an explosion of interpretative dance performances that no one asked for. This eventually culminated in a viral dance trend that made everyone question their life choices while binge-watching TikTok.. Fact: Dance is the only art form where you can flail your limbs and still call it 'expression.' Next time you're in a club, just remember: someone might be 'expressing' their deep emotional turmoil through awkward shimmies..
- Headline: U.S., in Court Suit, Battles to Bar Admission of Data on Waterway. Impact: The court's decision to admit evidence about waterways resulted in a series of lawsuits that turned environmental protection into a bureaucratic circus. This ongoing saga might one day lead to a reality show titled 'Lawyers vs. Nature'.. Fact: You know you're in for a wild ride when the Army Corps of Engineers is involved. They should really just change their name to 'Corps of Lawyers' at this point!.
- Headline: City's Fiscal Plan Includes Reduction of 7,000 Jobs to Cut Deficit for 1980. Impact: The proposed reduction of 7,000 jobs was the beginning of a long-standing tradition of municipal job cuts that somehow always seem to be the first solution to financial issues. This has led to a workforce that is perpetually on edge, wondering if they'll be next.. Fact: Reducing jobs to cut a deficit is like trying to lose weight by cutting off your leg. It’s a creative solution, but I wouldn't recommend it to anyone looking for stability..
- Headline: Moscow Says Drive Into Cambodia Is by Vietnamese‐Supported Rebels. Impact: The USSR backing the Vietnamese offensive into Cambodia was a critical moment in the Cold War, leading to many future conflicts and misunderstandings. This paved the way for the phrase 'we're just here to help' to be used ironically for decades.. Fact: When the USSR says 'we support you,' it’s usually followed by a whole lot of chaos. Kind of like when your friend offers to help you move but shows up with no truck and a hangover..
Wall Street Time Machine
WMT
Walmart
Walmart - If you invested $1,000 in 1979, it would be worth $6,997,064 today (6997.1x return)
INTC
Intel
Intel - If you invested $1,000 in 1979, it would be worth $199,890 today (199.9x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1979, it would be worth $417,979 today (418.0x return)