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HEADLINES ON March 6, 1947
Full News Archive
- Headline: Senate Votes to End OPA Funding. Impact: The ending of the OPA led to a nationwide food frenzy, where everyone suddenly thought they were gourmet chefs. This ridiculous notion sparked the rise of food blogs and cooking shows that would eventually clutter the internet, leading to an explosion of avocado toast memes.. Fact: OPA? Sounds like a Greek dance, but it was actually the Office of Price Administration. Who knew price controls could be so⦠unexciting?.
- Headline: De Brinon Faces Treason Trial. Impact: De Brinonβs treason trial caused a ripple effect, inspiring future generations of lawyers to invent more creative excuses for their clients. This eventually contributed to the birth of reality TV courtroom dramas, where everyone is guilty of something.. Fact: De Brinon attended this trial under protest, which is basically the 1940s equivalent of sulking in a corner while everyone else plays kickball..
- Headline: Lane Denied Access to American Prisoners. Impact: Lane's denial to access Americans led to a secret underground movement of pen pals writing inspirational letters to prisoners, which in turn inspired the future concept of 'Prison Pen Pal Networks'βa surprisingly wholesome side effect.. Fact: Lane was optimistic about the political conditionsβfunny how optimism tends to lead to more locked doors, huh?.
- Headline: Degree Proposed for Bevin. Impact: The proposal for honors degrees was the spark that ignited the future trend of giving awards for just showing up. This paved the way for participation trophies in youth sports and college degrees in 'Underwater Basket Weaving.'. Fact: Honorary degrees are like adult participation trophies, but at least they come with a fancy-looking certificate!.
- Headline: 3 COAST SEA UNIONS GET 6% WAGE RISE; Chiefs Asked 25% Increase for 12,000--Award Called 'Ridiculously Low'. Impact: The wage rise for coast sea unions was the beginning of a long battle for fair wages, which eventually inspired unions worldwide to push for better conditions, leading to the birth of 'Take Your Boss to Work Day'βfor therapy.. Fact: Calling a 6% wage rise 'ridiculously low' is just the union way of saying, 'we're still starving, but at least weβre starving together.'.
- Headline: KRAMER SUBDUES ADELSBERG EASILY; Favorite Gains Semi-Finals of Title Tennis With Talbert Wood and Bob Falkenburg. Impact: Kramerβs victory in tennis led to a bizarre chain reaction of people believing they could become professional athletes, resulting in a generation of weekend warriors and the ever-popular phenomenon of βdad bodsβ taking over the courts.. Fact: Kramer? Not the guy from Seinfeld, but could you imagine if he were? Tennis would definitely have more punchlines!.
- Headline: SETON HALL VICTOR, 65-43; Tops St. Peter's Five in Finale and Takes New Jersey Title. Impact: Seton Hallβs victory turned them into local legends, causing fans to be so overzealous that they started painting their faces and yelling at the TV during gamesβpreparing the way for future sports fandom craziness.. Fact: Seton Hall winning a state title is like your high school winning the science fairβeveryone celebrates, but deep down, we all know itβs just a matter of time before they lose to a bigger school..
- Headline: Stassen Leaves for Athens. Impact: Stassenβs departure for Athens set off a chain reaction of politicians deciding that the best way to solve problems is to travel abroad, which eventually led to the invention of the βworking vacationββbecause who doesnβt love mixing business with leisure?. Fact: Stassen leaving for Athens? I hear he was just trying to find the meaning of life over a plate of moussaka..
- Headline: BRITAIN'S '47 GOALS HELD INADEQUATE; Top Economists See Plans as Unrealistic--Civil Servants Hostile--TUC Still Silent. Impact: Critics of Britainβs goals being inadequate eventually led to a series of 'unrealistic' plans that culminated in the grand spectacle of politicians promising the moon and deliveringβ¦ well, a rock.. Fact: Top economists are often like weather forecasters: wrong most of the time, but still somehow get invited to the next big meeting!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1947, it would be worth $3,433,943 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1947, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1947, it would be worth $147,887 today (147.9x return)