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HEADLINES ON January 1, 1974
Full News Archive
- Headline: Jack Steele Appointed Scripps-Howard Editor. Impact: Jack Steele’s appointment led to a series of increasingly bizarre editorial choices, including a controversial column on the benefits of wearing socks with sandals, which sparked the Great Sock Debate of 1983. Who knew fashion could cause such civil unrest?. Fact: Scripps-Howard newspapers once had a secret society called the ‘Order of the Inkwell’ where editors would compete in nonsensical headline contests. The winner was always the one who could make the most ridiculous claim about a cat..
- Headline: Will Theory Kill Creativity? Chess Analysis. Impact: Norman Weinstein’s win led to a chess renaissance, leading to more chess clubs than coffee shops in the '90s. Who knew that a board game could rival caffeine for cultural dominance?. Fact: Chess pieces were once made of real ivory, which is ironic considering how many people try to outsmart each other over a game of plastic today. Talk about a ‘pawns’ of history!.
- Headline: Historic Judicial Appointments in New York. Impact: Stevens' appointment paved the way for more diverse judgeships, which ultimately led to the hilarious 2047 case where a court had to decide if pineapple belongs on pizza. Spoiler: the court was divided!. Fact: Harold A. Stevens was the first black man on the court, and his appointment was a pivotal moment. It’s a reminder that progress sometimes requires a bit of judicial ‘stepping’ up..
- Headline: The New Year's Silence. Impact: Ed’s reflections on New Year’s Eve prompted a global trend of awkward silences during countdowns, leading to the invention of the New Year’s Eve ‘awkward pause’ party game. Thanks, Ed!. Fact: New Year’s Eve has historically been the world’s worst-kept secret for overindulgence. People have been trying to make resolutions for centuries, only to break them by January 2nd..
- Headline: O'DWYER PLUS EXPANDED ROLE. Impact: O'Dwyer's decision to expand his staff inadvertently led to the creation of the world’s first ‘office coffee committee,’ which became a breeding ground for office politics and endless debates over creamers. The ripple effect? A nationwide caffeine addiction.. Fact: City Council Presidents are like the office managers of government: they make the coffee, manage the chaos, and inevitably end up with the blame for every missing stapler..
- Headline: Muddying the Oils. Impact: The Nixon Administration’s struggle with the oil shortage caused a chain reaction leading to the rise of hipsters who think artisanal oil is a thing. Now we have avocado oil, which is just a fancy way to say, 'I’m broke but still fancy.'. Fact: The 1970s oil crisis was so severe that people in some areas were literally trading in their cars for bicycles. Who would have thought that environmentalism would be born out of sheer desperation?.
- Headline: U,S, AGENCIES FACE A NEW RENT RULE. Impact: The new rent rule led to government agencies scrambling to find creative loopholes, inadvertently giving birth to the world’s first government-sponsored ‘office space’ reality show. Ratings were abysmal, but the awkwardness was top-notch.. Fact: Government budgeting is like watching paint dry, but somehow it involves more paperwork and less excitement. Really, who doesn’t love a good budget meeting?.
- Headline: Enter Mayor Beame. Impact: Abraham D. Beame’s entry as mayor triggered a series of ‘Mayor’s Office’ sitcoms, where every episode ended with a crisis that required an absurdly comedic solution. Spoiler: it never involved actual governance.. Fact: Beame was known for his calm demeanor, which is impressive considering he was about to juggle more problems than a circus clown. Maybe that’s why he didn’t run for re-election!.
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1974, it would be worth $222,233 today (222.2x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1974, it would be worth $2,553,677 today (2553.7x return)
BA
Boeing
Boeing - If you invested $1,000 in 1974, it would be worth $1,592,290 today (1592.3x return)