Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON August 2, 1979
Full News Archive
- Headline: Chrysler's $1 Billion Federal Aid Debate. Impact: The debate around Chrysler's federal aid request sparked a national conversation about corporate responsibility, ultimately leading to the 'Too Big to Fail' mentality that we still love to hate today. Thanks a lot, Chrysler!. Fact: Fun fact: debates in the capital are like family dinners—lots of shouting, no one really listens, and someone always leaves upset..
- Headline: Visit by Jesse Jackson Stirs Up a Whirlwind Among Blacks and Whites in South Africa. Impact: Jesse Jackson’s visit may have been a catalyst for greater awareness of racial issues in South Africa, eventually leading to the end of apartheid. Who knew a visit could pack that much historical punch?. Fact: Did you know that just one visit from a charismatic figure can stir more controversy than a reality TV reunion episode? Welcome to the world of activism!.
- Headline: Bagley Acquitted Of Fraud. Impact: Bagley's acquittal set a precedent for stock fraud cases, leading to the 'Get Out of Jail Free' card many corporate executives seem to possess today. Justice is blind, but apparently not deaf.. Fact: Ever notice how stock fraud cases are like bad relationships? You think it's the end, but somehow they keep coming back for a sequel..
- Headline: Books: Helen Strauss. Impact: Helen Strauss’s literary contributions may have inspired a generation of writers, leading to a literary boom that would eventually be overshadowed by the rise of social media influencers. Thanks, Helen!. Fact: Fun fact: Before social media, people actually read books for fun. Shocking, I know!.
- Headline: Carter's Visit Buoys Old Kentucky Homes. Impact: Carter's visit to Kentucky may have boosted local morale, but it also made residents realize that politicians are like pop stars: they come and go, but the music (or in this case, the promises) often fades.. Fact: Did you know that visiting small towns is a politician's way of collecting 'good vibes'? It's like a public relations tour but without the Instagram filters..
- Headline: Senate Confirms Civiletti. Impact: Civiletti’s confirmation was a sign that even in politics, you can get a job done with a solid 94-1 vote. It’s like a group project where one person does all the work and still gets an A.. Fact: In the world of politics, a 94-1 vote is like a near-perfect score on a test. Someone must have been daydreaming or just really hated Civiletti..
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)