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 October 8, 1979
Full News Archive
- Headline: Nigerians Await Government Formation Under Shagari. Impact: Shagari's vanishing act led to a nationwide panic that inspired a new genre of Nigerian soap operas focused on political intrigue. Spoiler alert: it didn't end well for the plot twists.. Fact: Did you know that disappearing acts in politics can sometimes be more effective than actually governing? Just ask any magician..
- Headline: Morgan Stanley's Strategic Decision in Debt Offering. Impact: Morgan Stanley's decision not to serve as manager for IBM's debt offering led to a competitive frenzy in the banking sector, where rival firms began hiring fortune tellers to predict their next moves. Spoiler: they still lost.. Fact: Did you know that refusing to comment can sometimes be the loudest statement? It’s like saying you’re on a diet while holding a donut..
- Headline: Ralph Carlos Estrada's Landmark Civil Rights Cases. Impact: Ralph Carlos Estrada's legal victories in the 1940s inspired generations of lawyers to take up the cause of civil rights, leading to the formation of law firms that still argue about who has the best coffee.. Fact: Estrada's name is synonymous with justice—though he probably never got justice for the countless cups of terrible office coffee he had to endure..
- Headline: Jazz: Paul Motian's Trio. Impact: Paul Motian's trio performance was so mesmerizing that it sparked a jazz renaissance, leading to spontaneous jazz sessions in coffee shops, where hipsters now argue over who played the best saxophone solo.. Fact: Did you know that jazz musicians often have more talent in their pinky fingers than most of us have in our entire bodies? No pressure, though..
- Headline: Business Aided by African Trip. Impact: The African trip to foster investment led to a flurry of economic partnerships. Too bad those partnerships often came with the fine print that nobody reads until it's too late.. Fact: Did you know that 'investment opportunities' is corporate speak for 'we need to talk about your money?'.
- Headline: Commuter Lines to Worsen Without Aid, a Panel Says. Impact: The warning about worsening commuter lines sparked a revolution in remote work, leading to the invention of pajama professional attire. You're welcome, world.. Fact: Did you know that the only thing worse than a commute is a commute with bad coffee? It's a miracle anyone shows up to work at all..
- Headline: Realism In Foreign Policy. Impact: The bipartisan consensus on foreign policy created a ripple effect that led to more meetings than anyone could count, proving once again that talking rarely solves anything.. Fact: Did you know that bipartisan meetings often happen in the same way as family reunions? Lots of talking, little resolution, and ultimately everyone leaves more confused..
- Headline: October Gas Shortage Predicted By Man Who Foresaw Last Crisis. Impact: Dan Lundberg's gas shortage prediction triggered a nationwide hoarding spree that led to a temporary resurgence of bicycles—until everyone remembered how out of shape they were.. Fact: Did you know that the only thing more predictable than a gas shortage is people forgetting how to ride a bike? It's like riding a bike... that you’ve never ridden..
- Headline: Decision Limiting Airport Noise Threatening Small Coast Facility. Impact: The noise restrictions at Santa Monica Airport sparked a movement for quieter planes, which eventually led to the invention of the flying library—because who doesn’t want to read on the way to work?. Fact: Did you know that airport noise complaints can actually lead to more peaceful neighborhoods? It's like asking a toddler to whisper—it just doesn’t happen..
- Headline: Around the Nation. Impact: The welfare fraud investigation began a chain reaction of audits that resulted in paperwork so complex even the accountants were confused. Who knew fraud investigations could be so complicated?. Fact: Did you know that investigating fraud is kind of like playing hide and seek with a toddler? They think they’re being clever, but you can see them hiding behind the curtains..
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)