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 7, 1932
Full News Archive
- Headline: Colby Critiques Hoover's Leadership Failures. Impact: Colby's remarks about Hoover's leadership (or lack thereof) led to a great debate over what constitutes effective leadership. This eventually morphed into social media influencers claiming they have the leadership qualities to run a country while only having experience at running a YouTube channel.. Fact: Fun fact: 'Hoover' has become synonymous with failure, but he did invent a vacuum cleaner, so there's that. If only he could've vacuumed up the economic crisis!.
- Headline: Edwin Drillings Seeks Radio Permit. Impact: The mundane act of applying for a radio permit somehow set off a chain reaction that led to the proliferation of talk radio, conspiracy theories, and the eventual rise of every uncle at Thanksgiving becoming an amateur commentator.. Fact: Remember when radio was a thing? Now it's just a place for listening to commercials while you wait for a decent song. Thanks, Edwin!.
- Headline: CAPTAIN R. L FARIS DIES IN WASHINGTON; Assistant Director of Coast and Geodetic Survey for Almost Eighteen Years. IN SERVICE FOR 4 DECADES Had Intimate Engineering Knowl- edge of Mississippi RiveruSpent Years on Bering Sea.. Impact: Captain Faris's death marked the end of an era in maritime engineering. Little did they know, his expertise would become a footnote in the epic saga of 'how to not get lost at sea' that would eventually lead to GPS technology. Thanks, Captain!. Fact: Captain Faris spent years on the Bering Sea, which is basically just a fancy way of saying he was really good at finding cold water. What a legacy!.
- Headline: MOTHER URGES CLAIM ON ACTRESS'S ESTATE; Surrogate Reserves Decision on Demand for $1,000 Annually From Mrs. Booth's Funds.. Impact: The claim on the actress's estate initiated a long-standing trend of family members fighting over celebrity fortunes, eventually leading to reality TV shows about rich people's problems. Because nothing screams 'entertainment' like a family feud over dead people's money.. Fact: Did you know that many estate claims come with a side of drama? It's like a soap opera, but with lawyers instead of actors..
- Headline: Mae West Signs With Paramount.. Impact: Mae West signing with Paramount led to the golden age of Hollywood, where actresses learned that being sassy and a little risquΓ© could pay off big time. This established the precedence for future stars like Madonna and Lady Gaga to continue the tradition.. Fact: Mae West once said, 'I used to be Snow White, but I drifted.' Sounds like the perfect excuse for any bad decision ever made!.
- Headline: D.A.R. Officers Nominated.. Impact: The nomination of D.A.R. officers became a pivotal moment in American history, leading to an efficient system of nominating directors that is still used today. Eventually, this method of bureaucratic appointment gave rise to the phrase 'it's not what you know, it's who you know.'. Fact: Fun fact: These nominations may seem harmless, but they set the stage for future political backroom deals. Who doesnβt love a good conspiracy?.
- Headline: M'KEE WILL NOT TEST NOMINATION IN COURT; Mayor Says He Questioned the Legality of Action After Oct. 4, but Did Not Plan to Sue. SILENT ON HIS OWN PLANS But Asserts He Will Have Some Comment Later on Action of the Convention. REPUBLICANS WEIGH AID Donovan May Attend Conference Today or Tomorrow at Which Support of McKee Will Be Decided.. Impact: McKee's reluctance to test his nomination in court foreshadowed decades of political indecision, setting a precedent for future politicians who'd prefer to do literally anything else than face consequences in court.. Fact: Fun fact: Politicians not wanting to test their nominations in court often just leads to more lawyers getting rich. Itβs the circle of political life!.
- Headline: Increases Advertising Appropriation.. Impact: Increasing the advertising budget sparked a love affair with marketing that ultimately led to the rise of infomercials. Now we canβt escape the relentless barrage of products that promise to change our lives in ten easy payments!. Fact: Did you know that increasing advertising budgets is like throwing money into a black hole? You might get a catchy jingle, but no one remembers what you were selling!.
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)