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 August 5, 1979
Full News Archive
- Headline: Mondrian Exhibit at National Gallery Reviewed. Impact: The mixed reviews of Mondrian's abstract paintings led to a global misunderstanding of modern art, giving rise to countless art school students declaring, 'I can do that!' and subsequently producing a plethora of questionable 'abstract' works.. Fact: Fun fact: Mondrian's work may not have been a hit, but at least it inspired a generation of confused gallery-goers who now know that anything could be art, especially their toddler's finger painting..
- Headline: Yiddish Lebt Takeh (Lives Indeed) in Westchester. Impact: The revival of interest in Yiddish culture in Westchester sparked a nationwide trend, resulting in an unexpected rise in hipster bar mitzvahs and knish food trucks on every corner of America.. Fact: You haven’t truly experienced a food festival until you’ve tried kugel from a food truck. Just remember, it’s not the same if it doesn’t come with a side of guilt..
- Headline: HIGHLIGHTS. Impact: The financial seminar for brides-to-be inadvertently led to the phenomenon of wedding planning as a legitimate career path, ensuring that future generations will know the struggle of choosing between a five-tier cake and a down payment on a house.. Fact: Did you know that financial seminars for brides could actually save them from marrying into debt? But hey, who needs financial stability when you have love... and a $10,000 wedding?.
- Headline: Going Westhampton, My Friends? Good!. Impact: The shift of summer single renters from Easthampton to Westhampton marked the beginning of the great 'Hamptons Shuffle', which would see increasingly ridiculous real estate prices and the eventual rise of social media influencers pretending to live their best lives in rented mansions.. Fact: Fun fact: The only thing more elusive than a unicorn is a summer rental in Easthampton that doesn’t require a trust fund..
- Headline: Wine. Impact: The experimentation with hybrid grape varieties in the Finger Lakes led to a wine revolution that created both delightful blends and a slew of pretentious wine descriptors, paving the way for wine snobs everywhere.. Fact: Ever wonder why wine tasting sounds more like a poetry reading? Because who doesn't want to sip 'notes of oak and a hint of regret' while pretending to appreciate the finer things in life?.
- Headline: 'strong’. Impact: The gradual weakening of the housing market foreshadowed a future of reality television shows about flipping houses, showcasing the dramatic lives of people who thought they were real estate moguls.. Fact: Did you know that the only thing weaker than the housing market was the coffee served at open houses? Talk about a home buyer's worst nightmare!.
- Headline: China Charges Vietnam Gunfire. Impact: The accusations of border provocations led to a long-standing tension that would inspire countless diplomatic meetings, awkward handshakes, and the occasional meme about how international relations is just one big game of 'who started it?'.. Fact: In a world where political tensions can escalate over a tweet, it’s refreshing to remember that some countries still prefer to settle their disputes with good old-fashioned gunfire. Progress!.
- Headline: Congress Delays Action on Education Department. Impact: Congress's delay in creating a new Cabinet-level Education Department set a precedent for bureaucratic inefficiency, ensuring that future generations would grow up with the understanding that procrastination is an art form in politics.. Fact: Fun fact: The only thing Congress can agree on faster than delaying education is which lobbyist gets the best seats at the next fundraiser..
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)