Breakthroughs and everyday innovations from the year.
The Sounds of
The biggest hits of the year — Top 10 Pop & Country chart toppers
HEADLINES ON November 30, 1979
Full News Archive
- Headline: John Fahey's Unforgettable Performance. Impact: Fahey's soulful strumming inspired a generation of musicians, who then went on to form a band that sparked the 'Acoustic Renaissance', ultimately leading to a world where people think it's cool to sip overpriced lattes while discussing obscure folk songs at brunch.. Fact: John Fahey's music is so influential that even the birds flock to his concerts, hoping to learn how to chirp in a more folksy style..
- Headline: Koch Faces Off Against Homeowners on Taxes. Impact: Koch's fiery debate over property taxes led to a series of failed reforms, which in turn caused a spike in homeowners’ therapy bills as they navigated the confusing labyrinth of real estate taxes, ultimately creating a new career path for tax consultants.. Fact: If you ever need a good laugh, just watch a group of politicians try to agree on a tax reform—it’s like herding cats, except the cats are all wearing suits..
- Headline: Thatcher's Commons Market Negotiations. Impact: Thatcher's demand for financial concessions was the butterfly that flapped its wings, eventually leading to a chaotic free-for-all in European markets where everyone just decided to 'do their own thing'—a precursor to today's wild cryptocurrency scene.. Fact: Margaret Thatcher once famously said she could negotiate with anyone, proving that even the toughest leaders can have a soft spot for a good old-fashioned bargaining session—especially if it involves a discount!.
- Headline: J. S. Roberts, 67, Led Woolworth's. Impact: Roberts' leadership at Woolworth's led to the rise and fall of various retail giants, with countless managers confusing 'five-and-dime' with 'toilet paper aisle' in a desperate attempt to keep up with the times.. Fact: Woolworth's was once so popular that people would camp outside its stores for the latest deals—if only they had known about online shopping, they could have saved a lot of time and energy!.
- Headline: France Preparing Currency Proposal. Impact: Giscard d'Estaing's currency stabilization plan sparked a European obsession with financial stability, leading to the birth of countless economic summits—where leaders gather to nod knowingly while pretending they understand what anyone is talking about.. Fact: Valery Giscard d'Estaing is often credited with making economics sound boring enough to put anyone to sleep—turns out, that’s a talent!.
- Headline: Van Cortlandt Park Repair Asked. Impact: The push for park repairs set off a chain reaction of urban improvements, eventually leading to city planners having existential crises every time they see a patch of grass that looks too 'natural' for a city park.. Fact: They say you can’t put a price on beauty, but in NYC, it turns out that beauty costs between $20 million and $40 million, depending on the season..
- Headline: Iran Asset Freeze Spurs Legal Warring by Banks. Impact: The legal battles of banks over Iranian assets created an endless loop of litigation that awoke the sleeping giant of financial regulations, leading to more lawyers than there are people in some small towns—an ironic twist for a country that once prided itself on freedom.. Fact: In the banking world, 'asset freeze' is just a fancy way of saying, 'We’re not sharing any of our ice cream with you!'.
- Headline: HOPES OF TRUCE RISE AT RHODESIA PARLEY. Impact: The potential truce in Rhodesia was like the spark that ignited a thousand diplomatic missions, leading to a world where politicians now consider a handshake and a cup of coffee the ultimate peace treaty.. Fact: Peace talks are a lot like trying to resolve a family argument—everyone has their own agenda, and no one really wants to compromise unless dessert is involved..
- Headline: 18 More Korean Dissidents Held as Unrest Spreads. Impact: The crackdown on dissidents in Korea set off a wave of activism that would ripple through generations, transforming the country into a place where dissenting voices became a badge of honor—and the government struggled to keep up with creative protest signs.. Fact: In authoritarian regimes, the only thing scarier than arresting dissidents is the realization that those dissidents might actually have some really good ideas..
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)