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 16, 1979
Full News Archive
- Headline: Andrus Backs Northern Tier Oil Pipeline. Impact: If only Andrus had known that endorsing a pipeline could lead to a future where oil spills would become the leading cause of 'you won't believe what happened next' videos. Perhaps he thought it was just a long snake of black gold with no consequences.. Fact: Did you know that pipelines are like the world's longest game of telephone? Just one leak and everyone is shouting about environmental disasters instead of the actual message!.
- Headline: Kush Dismissal Linked to Alleged Cover-Up. Impact: The cover-up of Kush’s actions led to a chain reaction where everyone learned that sometimes it’s better to just admit you did something wrong, or else you’ll end up the punchline in a future history class.. Fact: Did you know that covering up a scandal is like trying to hide a mountain with a broom? Spoiler alert: it never works out..
- Headline: N.A.S.L. Approves Team Sales. Impact: By backing three teams, the N.A.S.L. unknowingly set a precedent for multi-team ownership that would lead to future owners thinking they could just buy their way to glory, turning sports into a rich man's playground.. Fact: Did you know that supporting sports teams is just a fancy way for billionaires to feel like they’re still in high school, but with way more money and less actual fun?.
- Headline: Plan Would Aid Mortgage Supply. Impact: This mortgage supply plan eventually led to the housing bubble, which burst spectacularly and made 'subprime' the new buzzword for financial ruin. Thanks a lot, FNMA, for the rollercoaster ride!. Fact: Did you know that mortgages are just legalized forms of financial karaoke? You sing a beautiful tune until you can’t pay the rent, and then it’s all off-key screams!.
- Headline: RHODESIA REBELS GET BRITISH ULTIMATUM. Impact: The British ultimatum to Rhodesia marked a turning point that led to years of political turmoil. Who knew a simple 'do this or else' could create a geopolitical mess that would last decades?. Fact: Did you know that ultimatums are like bad breakup lines? They rarely end well and usually lead to more drama than anyone bargained for!.
- Headline: Around the Nation. Impact: Riley’s decision to bar nuclear waste transport turned out to be a prophetic move, as it would lead to endless debates about safety regulations and environmental policies, while everyone else just scratched their heads.. Fact: Did you know that keeping nuclear waste out of your state is like saying no to a bad date? It may be awkward, but you'll thank yourself later!.
- Headline: Treasury Bill Rates Soar Above 11½%. Impact: The soaring Treasury bill rates made investors clutch their pearls and panic, leading to a financial frenzy that would later make economic textbooks look like thrillers. Thanks for the heart palpitations!. Fact: Did you know that Treasury bill rates are the adult version of a kid’s allowance? You hope for more, but somehow you always end up with less!.
- Headline: New Drugs Offer Help for Severe Pain. Impact: The introduction of new drugs for severe pain would eventually lead to a pharmaceutical revolution, creating a world where people might become addicted to the idea of feeling good—just as long as they can find a good doctor.. Fact: Did you know that the quest for pain relief is just the universe’s way of reminding us that sometimes, modern medicine is just a really expensive trial and error?.
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)