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HEADLINES ON September 21, 1938
Full News Archive
- Headline: Revised Rules on Stock Exchange Priority. Impact: The new ticker procedures allowed traders to become so efficient that they accidentally invented high-frequency trading, leading to the 2008 financial crisis. Who knew a simple rule change could cause a global meltdown?. Fact: Did you know that the stock market was once just a place for rich people to argue over who was richer? Now itβs a place for algorithms to fight over who can predict the next cat meme!.
- Headline: Watt Challenges Labor Practices in 1938. Impact: W A White's criticisms sparked a series of labor movements that eventually led to the rise of the 1960s counterculture. Who knew union discipline would take a detour through tie-dye and rock 'n' roll?. Fact: Funny how a guy named 'White' was so concerned about 'class war'βI mean, itβs not like the rest of us were taking notes on how to properly wage war on a budget..
- Headline: Nassau's 1938 Political Upheaval. Impact: The low voter turnout in the assembly race led to the establishment of mandatory voting laws in some places, proving that sometimes apathy can be the catalyst for change. Go figure!. Fact: Only 12,274 votes cast? I guess everyone else was busy deciding which flavor of ice cream to buy instead of participating in democracy..
- Headline: TANKER SIT-DOWN ENDED; 17 in Crews Will Leave Two Ships Under Toledo Agreement. Impact: The end of the sit-down strike made way for the era of workplace negotiations, leading to the creation of countless coffee breaks and the 'work from home' trend, which is basically just sit-down strikes with better snacks.. Fact: If only the crews had known that sitting down could lead to the invention of the office chairβmaybe they wouldβve held out longer!.
- Headline: NLRB Certifies Detroit Guild. Impact: The certification of the Detroit Guild as a bargaining agent opened the floodgates for unions, leading to the eventual establishment of the 'No one works on Fridays' policyβbecause why not?. Fact: The NLRB certifying a guild is basically like giving them a gold star for adulthood. Congratulations, you can now negotiate for lunch breaks!.
- Headline: REICH HAS CEREALS FOR 18-MONTH SIEGE; Official Estimate of the 1938 Crop Indicates It Is Biggest Since World War Austria Equally Fortunate REICH HAS CEREALS FOR 18-MONTH SIEGE Metal Gold Main Reliance Total Controlled Supply. Impact: The Reich's cereal stockpiling set off a chain reaction of agricultural policies that eventually led to modern food shortages and the rise of gluten-free diets. Thanks, Nazis, for making wheat a thing!. Fact: Who knew that while being terrible humans, they were also planning meals? Let's just say their dinner parties were probably a bit... sparse..
- Headline: Veteran Unpaid Official Seeks Job With a Salary. Impact: This desperate attempt to secure a salary led to the rise of political figures who prioritize personal gain over public service. Some things never change, right?. Fact: Running for sheriff just to get a paycheckβclassic. I mean, who needs qualifications when you can just have a strong desire to be in charge of donuts?.
- Headline: CUBAN KILLS 8 IN FAMILY; Wounds 3 Others as Result of Row With His Stepfather. Impact: This tragic event highlighted the deep-rooted issues in familial relationships, prompting future generations to write countless soap operas and reality shows that we just can't stop watching.. Fact: A family feud so intense it could have been a season finale? At least they didnβt have to worry about awkward Thanksgiving dinners after that!.
- Headline: DIES PLANS TO FORM AMERICANISM LEAGUE; Says Non-Dues-Paying Group Will Fight'All 'Foreignisms'. Impact: The formation of the Americanism League sparked a wave of xenophobia that influenced political rhetoric for decades, paving the way for future generations to dismiss foreigners over dinner tables.. Fact: A non-dues-paying group fighting 'foreignisms'? Sounds like a bunch of people who are really bad at geography. Newsflash: the world is bigger than your backyard!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1938, it would be worth $3,433,940 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1938, it would be worth $586,656 today (586.7x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1938, it would be worth $474,914 today (474.9x return)