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 July 1, 1946
Full News Archive
- Headline: Soldiers Clash with German Police in Frankfurt. Impact: This scuffle over German girls led to a long-lasting stereotype of American soldiers as the 'unofficial cultural ambassadors' of post-war Germany. Who knew a brawl could influence international relations for decades?. Fact: Did you know that itβs not just the soldiers who got confused about boundaries? Apparently, the definition of 'prostitute' was also up for debate!.
- Headline: Furniture Workers Union Controversy. Impact: The resignation of M Muster sparked a series of dramatic union shake-ups. Eventually, this led to labor movements that would be so chaotic, they might as well have had their own reality TV show.. Fact: Fun fact: The term 'Reds' here doesn't refer to the color of the uniforms, but rather the party that was apparently better at organizing than your average cat video on the internet..
- Headline: Efforts to Preserve OPA Amid Eviction Crisis. Impact: The battle to keep the OPA intact led to a nationwide obsession with rent control, which eventually spiraled into the modern-day American pastime of complaining about landlords. Thanks, 1940s!. Fact: Did you know that 'OPA' doesn't stand for 'Overly Protective Agency'? Because that would have been much more accurate given the circumstances!.
- Headline: PRICE SPREE BARRED ON FOODS FOR RELIEF. Impact: The refusal to engage in a price bidding spree ultimately led to the era of grocery store couponing. Who knew that the road to economic stability was paved with expired coupons?. Fact: Did you know that bidding sprees are not just for fancy auctions? Apparently, they can happen in grocery stores too, if you squint hard enough at the produce aisle..
- Headline: U.S. Pension Gains Made Law. Impact: This legislative change set a precedent for pension reforms that would echo through the ages, eventually leading to the confusion we have today about retirement funds and the phrase 'I'll never retire'.. Fact: Did you know that pensions were once a luxury? Now they're about as common as a good Wi-Fi signal in a coffee shop!.
- Headline: POLISH VOTE HEAVY; RED VICTORY LIKELY; Government Majority Expected to Win on Issue of One House of Parliament. Impact: The heavy Polish vote not only solidified communist power but also made for one awkward family dinner when Uncle Stan insisted on discussing politics during the holidays. Thanks, Poland!. Fact: Fun fact: This referendum has since been referenced in countless conspiracy theories about whether the Polish really wanted a one-house parliament or just wanted fewer family reunions..
- Headline: METAL LATH FIELD IN FTC COMPLAINT; Price Fixing Is Charged to Producers Association and Its Ten Members. Impact: The FTC's price-fixing charge set the stage for future monopolies to be more creative in hiding their shenanigans. Itβs like they took notes from a magician's handbook.. Fact: Did you know that price-fixing is like a bad magic trick? Everyone knows itβs happening, but no one can figure out where the rabbit went!.
- Headline: TRIESTE RIOT-TORN; 5 AMERICANS HURT; Grenade Wounds U.S. Patrol-- Italians Mob Slavs--General Strike Called for Today. Impact: The Trieste riot not only highlighted the tensions in post-war Europe but also inspired countless movies about international conflict, because nothing says 'drama' like a grenade and a mob!. Fact: Did you know that mobbing Slavs is not a recommended team-building exercise? Just a little history lesson for those considering their next corporate retreat!.
- Headline: PHILIPPINES ASSUMES ITS ARMY COMMAND. Impact: The transfer of military command to the Philippines was a key moment that led to a long-standing relationship between the US and the Philippines, which included everything from military alliances to questionable karaoke nights.. Fact: Did you know that $50 million worth of equipment is basically equivalent to a lifetime supply of karaoke machines? Just saying, priorities!.
Wall Street Time Machine
PFE
Pfizer
Pfizer - If you invested $1,000 in 1946, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1946, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1946, it would be worth $586,656 today (586.7x return)