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 June 28, 1932
Full News Archive
- Headline: SIMS Team Triumphs in Bridge Challenge. Impact: The victory of the SIMS team over Vanderbilt sent shockwaves through the world of competitive bridge, leading to a bizarre future where bridge tournaments became the new gladiatorial arenas, complete with sponsorships from energy drink companies and a reality show spin-off called 'Bridge Quest'.. Fact: Did you know that bridge players can get so emotionally invested that they sometimes consider their cards as family? You should see the therapy sessions..
- Headline: Tax Exemption for Electrical Industries. Impact: The ruling to free certain papers from tax led to a new underground economy of tax-evading paper sales, which eventually resulted in a black market for printer ink. Who knew that tax loopholes could lead to ink-slinging gangsters?. Fact: Fun fact: Before this ruling, people used to hide their papers in literal paper bags. Talk about a paper trail!.
- Headline: Yacht Rescue Amidst Race to Bermuda. Impact: The rescue of the crew from the burning yacht Jolie Brise sparked a series of maritime regulations that mandated all vessels carry a 'Lifeguard on Duty' sign, leading to a golden age of yacht lifeguards who were more concerned with their tan than saving lives.. Fact: Did you know that the term 'yacht' originally referred to a nobleman's ship? Now it mostly refers to a rich guy's floating party barge..
- Headline: BETS AGAINST ROOSEVELT.; Californian Wagers $1,000 He Will Not Be Named on First Ballot.. Impact: The $1,000 bet against Roosevelt's nomination ignited a trend of political betting that turned every election into a Las Vegas-style event, complete with odds, bookies, and a reality show called 'Political Poker'.. Fact: Did you know that betting against a politician is like betting against gravity? Spoiler alert: it usually doesnβt end well..
- Headline: YOUNG GROUP URGES TRADE ACCEPTANCES; Banking and Industrial Body, Headed by Financier, Hopes to Benefit Business. DU PONT SPONSORS MOVE Discounting of Bills in Place of Cash Advances on One-Name Notes Advised. TO INCREASE BANK CREDIT Federal Reserve and Other Organi- zations Asked to Help in Campaign Outlined.. Impact: This call for trade acceptances led to an economic renaissance where businesses started accepting everything from Monopoly money to pizza slices as valid currency, thus paving the way for a future where barter became the norm.. Fact: Fun fact: The last time someone tried to pay for a mortgage with pizza, the bank just laughed... then ordered a large..
- Headline: JOHN BARRETT FOR REPEAL.; Ex-Diplomat at Burlington, Vt., "Urges a "More Noble Experiment.". Impact: John Barrett's push for repeal sparked a national debate that ultimately led to the invention of the phrase 'more noble experiment', which has been used ever since to justify every questionable decision, from pineapple on pizza to reality TV.. Fact: Did you know? If you say 'more noble experiment' in a room full of politicians, they might just start taking notes for their next big 'idea'..
- Headline: LINDBERGH ON STAND AT TRIAL OF CURTIS DETAILS 'HOAX' STORY; Peals of Thunder Interrupt His Account of Vain Quest for Supposed Kidnappers. RECALLS MEETING ACCUSED Says the Fact He Knew Burrage Made Him Willing to Listen at Once to Boat Builder. CLASHES MARK TESTIMONY Colonel, Cool, Keeps His Gaze Averted From Norfolk Man -- Plea to Quash Indictment Is Denied. LINBERGH WITNESS AT TRIAL OF CURTIS. Impact: Lindbergh's trial details created a media frenzy that set the precedent for sensationalist journalism, eventually leading to the rise of tabloids and the infamous phrase 'if it bleeds, it leads'.. Fact: Did you know that Lindbergh's case was so sensational that it made Kardashians look like a quiet family in comparison? Talk about a media circus!.
- Headline: BARKLEY IS BOOMED FOR VICE PRESIDENT; His Keynote Stirs Enthusiasm, but Many Others Continue as Prospects for Nomination. ARIZONA FAVORS A WOMAN Both Wheeler and Walsh Are Urged With Roosevelt -- Woodring Gains. HITCHCOCK ALSO IN RACE Young Democrats Back Hutchins -- Strategy Defers Decision Until Head of Ticket Is Named.. Impact: Barkleyβs vice-presidential boom inspired a series of motivational speeches that led to the rise of political influencers, turning elections into popularity contests where hashtags mattered more than policies.. Fact: Fun fact: The art of being a political candidate now requires at least one viral dance video. Can you imagine Franklin D. Roosevelt doing the floss?.
- Headline: Wife Wears Miniature of Smith.. Impact: Dawes' announcement about loans led to a trust in banks that eventually created a bubble, which burst spectacularly, causing the phrase 'too big to fail' to become a household term, often used ironically while discussing fast food chains.. Fact: Fun fact: The term 'impregnable' has been used in banking so often that it's now the name of a popular financial advice podcast. Spoiler: they donβt offer much advice..
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1932, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1932, it would be worth $487,500 today (487.5x return)