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The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON February 25, 1948
Full News Archive
- Headline: Release of Buenos Aires Profiteers. Impact: The release of these profiteers sparked an underground economy that led to the rise of artisanal avocado toast in Buenos Aires. A hipster revolution was born, one overpriced cafΓ© at a time.. Fact: In the same year, the average price of a cup of coffee was still under a dollar, but hey, who needs affordable coffee when you have artisanal inflation?.
- Headline: NLRB Orders First Striker Election 1948. Impact: This NLRB action created a ripple effect in labor relations, eventually leading to the development of the world's most complicated flowchart for striking workers, which is still used to confuse interns today.. Fact: The Taft-Hartley Law was named after two guys who probably had more paperwork than friends. Good luck finding a less catchy name in labor history!.
- Headline: Hawaii's Cold War Concerns in 1948. Impact: The accusations of Reds infiltrating Hawaii led to a series of overly dramatic TV shows about spies on surfboards, paving the way for everything from 'Magnum P.I.' to 'Hawaii Five-0.'. Fact: Hawaii became a state in 1959, proving that even communists canβt resist the lure of a good luau..
- Headline: RUSSIA HELD WRONG IN ATTITUDE TO US; Charge That We Seek to Rule Western Europe Is Untrue, Editor Tells Forum. Impact: This editor's denial of U.S. imperialism started a debate that would last decades, making it the perfect candidate for your next family dinner topicβright after politics and religion.. Fact: The claim that the U.S. sought to rule Western Europe is as old as the concept of 'the American Dream'βthe only dream where everyoneβs invited, but some are definitely sleeping on the couch..
- Headline: LUTHERANS, BRITAIN AGREE ON MISSIONS. Impact: Agreements on missions often lead to unexpected alliances, like the one that once united Lutherans and British tea enthusiasts to create the world's most polite peacekeeping force.. Fact: Palestine has been a focal point for many missions, but I assure you, no one ever sent an envoy for the sole purpose of sharing biscuits..
- Headline: Wallace Accuses Truman Of Leading to Russian War; He Calls at House Hearing for 'New Faces' in the Executive Branch to Reach Understanding With Soviet Chiefs. Impact: Wallace's accusations led to a series of Cold War paranoia films, which ultimately made popcorn a staple of American cinema. Thanks a lot, H.A. Wallace!. Fact: Calling for 'new faces' in the executive branch is the political equivalent of suggesting a haircut to fix a bad dayβgood luck with that!.
- Headline: PRESIDENT ORDERS FBI INVESTIGATION IN STEEL PRICE RISE; Agents Are Sent Into 16 Plants to Determine if Anti-Trust Laws Have Been Violated. Impact: This FBI investigation into steel prices inadvertently set off a trend of corporate espionage, leading to the creation of the first corporate spy school funded by disgruntled employees.. Fact: The FBI once investigated whether or not a hot dog vendor was overpricing condiments. Itβs a slippery slope, folks!.
- Headline: Mexican Beef Bought for Europeh. Impact: The U.S. buying Mexican beef for Europe inadvertently fueled a beef industry renaissance, leading to endless taco Tuesdays and the rise of the food truck phenomenon years later.. Fact: While the U.S. was busy with international beef diplomacy, cows everywhere were wondering why they weren't invited to the party..
- Headline: TEACHERS STRIKE IN MINNEAPOLIS; Dispute Over Wages Closes Public Schools -- 65,000 Pupils Get 'Vacation'. Impact: This teachers' strike resulted in a generation of kids who learned to perfect the art of self-education through video games, thus creating the rise of professional gamers in the future.. Fact: 65,000 pupils getting a 'vacation' sounds delightful, but they probably just spent it binge-watching shows that would later become cult classics..
- Headline: Article 6 -- No Title. Impact: The evidence against communists in Hawaii later inspired a controversial reality show titled 'Survivor: Senate Hearing Edition,' where contestants had to outwit, outplay, and outlast their political opponents.. Fact: Senate committees have a long history of investigating everything from communists to the proper way to brew coffee. Spoiler: it's still up for debate!.
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)