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 25, 1979
Full News Archive
- Headline: Attack on NYC Tow Truck Tires. Impact: In a shocking twist, the slashing of tow truck tires led to a city-wide conspiracy theory that tow truck drivers were in cahoots with tire salesmen. This sparked a nationwide movement advocating for the rights of tires, ultimately resulting in the emergence of the 'Tire Liberation Front'—because who wouldn’t want to free tires from their rubbery oppression?. Fact: Did you know that the average tow truck tire can withstand over 10,000 miles of city potholes? Clearly, someone was just trying to give them a break..
- Headline: Exploring Roosevelt Island's Unique Community. Impact: Roosevelt Island's status as a 'Town Within a City' created a ripple effect, leading to the modern obsession with urban islands. Soon, every city was trying to carve out their own 'island' for hipsters to sell artisanal lattes at outrageous prices.. Fact: Fun fact: Roosevelt Island was originally envisioned as a utopia for the mentally ill! I guess they decided to just let the rest of us in on the fun..
- Headline: Power Plant Proposal in South Bronx. Impact: The construction of a coal and garbage-fired power plant in the Bronx inadvertently sparked the 'Green Revolution' decades later as residents began to realize that maybe, just maybe, burning garbage wasn't the best idea. Environmentalists took note, and the rest is history—or should I say, a cautionary tale?. Fact: Did you know that in 1978, people still believed that burning garbage was a 'green' solution? Fast forward to now, and we’re still trying to convince people that recycling pizza boxes is a good idea!.
- Headline: Japan Posts Record Surplus. Impact: Japan's record trade surplus in 1978 sent shockwaves through the global economy, leading to a decades-long obsession with exports that would later inspire countless memes about 'cheap imports' and 'made in Japan' quality.. Fact: Did you know that Japan's trade surplus was so impressive that they could have funded their own Olympics? Oh wait, they did! But only after the 'exporting everything' phase..
- Headline: Court Backs President On Rules Intervention. Impact: The court's backing of the President on environmental regulations set a precedent that would lead to endless back-and-forth over environmental policies, creating a political circus that still entertains us today. Because who doesn’t love a good environmental debate over lunch?. Fact: Did you know that environmental groups and the government have been like siblings fighting over the last cookie? Spoiler alert: the cookies are always the environment!.
- Headline: TV: Opera and More From Lincoln Center. Impact: TV broadcasts of the Met Opera helped to demystify high culture, eventually leading to a drastic increase in hipster interest in opera, culminating in the dramatic rise of 'Opera Nights' at local bars where no one actually listens to the opera.. Fact: Did you know that watching opera on TV is like eating a gourmet meal through a drive-thru? You get none of the ambiance but all the pretentiousness!.
- Headline: Sutherland Dispute Raises Control Issue. Impact: The dispute between Joan Sutherland and the opera management ignited a fierce debate over artistic control, which eventually led to every artist ever insisting they know better than anyone else about their craft. Cue the rise of 'artistic temper tantrums' in the industry!. Fact: Did you know that opera singers have been known to throw fits over their roles? It’s like drama club, but with fancier costumes and fewer high school crushes!.
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)