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 30, 1979
Full News Archive
- Headline: The Business of Prisons: A New Approach. Impact: If prisons had been run like corporations back then, we might have seen a world where CEOs are also wardens, complete with stockholder meetings featuring inmates as the featured guests. Can you imagine the prison marketing campaigns? "Join us for a life sentence of luxury!". Fact: Prisons operating for profit means the more people locked up, the more money flowing in! Who knew crime could be so lucrative? Just think of all the 'business opportunities' out there..
- Headline: British Wines Triumph Over French Rivals. Impact: This less-than-serious wine competition may have sparked a future where British wines replace French wines at fancy dinners, leading to the rise of British cuisine—what a nightmare! Can you imagine fish and chips paired with a Cabernet?. Fact: In a shocking twist, the British discovered that their wines taste better when they’re not compared to French wines. It’s a win-win, really—except for the French..
- Headline: European Commissioners' Lavish Lifestyles Exposed. Impact: The lavish lifestyle of European officials likely inspired countless memes and late-night comedy routines, resulting in a generation convinced that politics is just one big party. Who knew that a few extra pillows in a lavish hotel could change the perception of governance?. Fact: The glamour of European officials was so intense it nearly led to a reality TV show called 'Keeping Up with the Commissioners.' Spoiler: they were always keeping up with the latest trends in luxury..
- Headline: Secret Service Protection for 5 Candidates to Begin. Jan. 11.. Impact: Deciding to protect only the wealthiest candidates may have set a precedent leading to our current era where only the rich can afford to run for office. Talk about a democracy for the 1%!. Fact: Imagine being a candidate and your biggest qualification for Secret Service protection is how much money you raised. It’s like crowdfunding, but with bodyguards!.
- Headline: Chicago School‐Bias Suit Is Urged. Impact: The renovation of State Street may have transformed the city, but it also likely launched countless hipster cafes and overpriced boutiques that would eventually take over every urban environment. Thanks, gentrification!. Fact: The $17.2 million spent on renovations could probably have funded a small army of baristas for a decade. But hey, who needs affordable coffee when you have shiny new sidewalks?.
- Headline: Output Rate Gains a Bit. Impact: A 0.1% increase in productivity sounds like a monumental achievement until you realize it probably led to more coffee breaks and a national obsession with spreadsheets. Thanks for the excitement, America!. Fact: If only we could all celebrate a 0.1% productivity gain with a parade. But let's be real, the float would probably just be a giant coffee cup..
- Headline: OBSERVER. Impact: Keeping warm in winter could have set off a trend where everyone suddenly became obsessed with home insulation, leading to the invention of the 'snuggie' a few decades later. Who knew a little chill could spark such innovation?. Fact: R. Baker’s tips for staying warm probably included the groundbreaking advice of wearing a sweater. Groundbreaking, right?.
- Headline: Dome Reports Oil In Beaufort Sea. Impact: Finding oil in the Beaufort Sea may have ignited a frantic rush for Arctic drilling, leading to a climate crisis that we are still grappling with today. Thanks a lot, Dome Petroleum!. Fact: In a twist of irony, the search for oil is like a game of hide-and-seek with Mother Nature—only she never plays fair..
- Headline: EDUCATION. Impact: The establishment of the education department with a budget of $14.2 billion might have set a trajectory for bureaucratic red tape that would haunt educators for decades. Who knew 'serious limitations' could be so... serious?. Fact: They say money can't buy happiness, but it can sure buy a whole lot of confusing policies that no one understands..
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)