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 August 22, 1932
Full News Archive
- Headline: Bear's 14th Anniversary at Central Park Zoo. Impact: The bear's joyous anniversary sparked a nationwide trend of adopting unwanted pets, which ultimately led to the creation of elaborate pet birthday parties. This paved the way for the 'Paw-ty Planner' industryβan unexpected economic boom in the pet sector.. Fact: Bears can actually remember human faces, so hopefully, this one has erased the memories of its past ownerβunlike some of us who still remember bad relationships..
- Headline: Public Office as a Property Right. Impact: The debate over public office as property rights led to a series of legal battles in which politicians tried to auction off their positions, resulting in a comical yet chaotic political climate where the highest bidder became the mayor. Who knew democracy could be so... lucrative?. Fact: In some places, you can buy a hot dog from a street vendor for less than the price of a political office. Just saying..
- Headline: Jacobs Triumphs at U.S. Tennis Finals. Impact: Miss Jacobs' victory not only solidified her status as a tennis star but also motivated an entire generation of girls to pick up a racquet, eventually leading to the creation of a popular reality TV show called 'Keeping Up with the Tennis Stars.'. Fact: 31 minutes is about the length of time it takes to watch a sitcom episodeβguess which one has more drama!.
- Headline: NEW LOANS AT LONDON STILL UNDER EMBARGO; Business Interests Are Restive, Suspecting Purpose of Favor- ing "Empire Borrowers.". Impact: The embargo on new loans spurred an underground economy where businesses resorted to bartering with goods and services, including a brief but intense period where people tried to pay for coffee with artisanal cheese.. Fact: In the world of finance, 'embargo' is just a fancy term for 'we'll get back to youβmaybe.'.
- Headline: Appreciation of Concerts.. Impact: The appreciation of concerts sparked a wave of music festivals, which eventually evolved into the modern-day phenomenon of 'Coachella,' where fashion often overshadows talent, and the real winners are the Instagram influencers.. Fact: Concertgoers have a higher chance of finding a soulmate than winning the lotteryβunless they are at a Nickelback concert..
- Headline: FREIGHT TERMINAL DEDICATION SEPT. 16; Roosevelt and Moore Invited by Port Authority to Take Part in Ceremony. ECONOMIES FOR SHIPPERS Inland Depot to Be Clearing Point for All Shipments of Less-Than-Carload Size.. Impact: The dedication of the freight terminal eventually led to the rise of e-commerce, where todayβs packages are delivered faster than you can say 'where did I order that from?' Thank you, Roosevelt!. Fact: Freight terminals have been known to be the birthplace of many a lost packageβsome of which have formed their own social clubs at this point..
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)