Breakthroughs and everyday innovations from the year.
HEADLINES ON January 14, 1948
Full News Archive
- Headline: Senora Peron's Humanitarian Efforts. Impact: Senora Peron's generosity sparked a global phenomenon of celebrity charity. Fast forward a few decades, and we have influencers donating millions while crafting hashtags like #Blessed and #Selfless. Ah, the irony of fame and fortune!. Fact: Fun fact: charity events nowadays often have more glitz than the actual beneficiaries! Who knew helping people could be so… fashionable?.
- Headline: Petrillo Labor Conflict Testimony. Impact: This labor conflict set the stage for the 'It's Not My Fault' movement in corporate America. Companies learned that if they just ignore labor issues long enough, they might just go away. Spoiler alert: they didn’t.. Fact: Did you know? The term 'bargaining' has come to mean 'let's pretend to negotiate while I secretly plot your demise' in corporate lingo..
- Headline: ACTS IN ALUMINUM CASE; Government Asks Supreme Court to Back Monopoly Finding. Impact: The government's push against the ALCOA monopoly eventually led to the rise of craft breweries who thought, ‘If they can monopolize aluminum, we can monopolize beer!’ And thus, hipster breweries were born.. Fact: Did you know? The only thing more inflated than aluminum prices is the ego of a craft brewer explaining why their IPA is 'the best in the world.'.
- Headline: Veterans' Rent Group Formed. Impact: The Veterans' Rent Group formed a precedent that led to the creation of numerous support organizations, ultimately resulting in the over-saturation of ‘non-profits’ that now compete for the same funding like it’s a Black Friday sale.. Fact: Did you know? If you put 'veterans' in your nonprofit's name, you automatically get a 200% boost in donations. It’s like a cheat code for charity..
- Headline: ALCOHOLIC CENTER URGED FOR STATE; Westchester Joint Committee Finds 6.6% of Men in U. S. Are 'Problem Drinkers'. Impact: The push for an alcoholic center highlighted the results of post-war stress and led to the establishment of support groups that now rival the number of coffee shops. Who knew that recovery could become so trendy?. Fact: Fun fact: 6.6% of men are 'problem drinkers', but that number skyrockets during football season. Coincidence? I think not!.
- Headline: EXPANSION AT ONCE ASKED IN AIR FORCE BY POLICY BOARD; President's Commission Calla It 'Hopelessly' Unfit Now to Meet an Atomic Attack. Impact: The Air Force's plea for expansion sparked a military arms race that eventually led to more funding for sci-fi movies about alien invasions. Because nothing says ‘prepared for an atomic attack’ like a blockbuster film.. Fact: Did you know? The phrase 'hopelessly unfit' has since been used to describe many things, including my New Year’s resolutions..
- Headline: GRISWOLD IS VEXED BY GREEK FRICTION; U. S. Aid Chief Says He May Come Here to Review Policy -- Stratos' Course Assailed. Impact: Griswold's frustration with Greek friction led to a series of diplomatic faux pas that culminated in the famous 'What’s the Deal with Greece?' comedy sketch that still haunts stand-up comedians today.. Fact: Did you know? U.S. foreign policy discussions often go smoother with a side of tzatziki sauce and a plate of gyros. Just saying..
- Headline: NEW BUILDING TO BE CONSTRUCTED BY ROOSEVELT HOSPITAL. Impact: The construction plans for Roosevelt Hospital were so grandiose that they inadvertently inspired the 'Bigger is Better' philosophy in healthcare, leading to hospitals that now resemble luxury malls. Because who doesn’t want to shop for Band-Aids?. Fact: Did you know? Hospitals now have more amenities than a five-star hotel, but the food is still mysteriously subpar. What gives?.
- Headline: $75,000 IN COCAINE, 2 MEN SEIZED HERE; Woman Is Among 3 Detectives Who Trapped the Suspects in Week's Investigation. Impact: The cocaine bust led to a national obsession with drug-related crime shows, eventually resulting in more reality TV dedicated to catching criminals than actually solving crimes. Thanks, NYC!. Fact: Did you know? The only thing more addictive than cocaine is binge-watching crime dramas where the cops are always one step behind. You know, for the drama!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1948, it would be worth $3,433,943 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1948, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1948, it would be worth $147,887 today (147.9x return)