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 March 17, 1948
Full News Archive
- Headline: CIO Walkout Halves U.S. Meat Production. Impact: The CIO walkout sliced meat output in half, which apparently meant people had to start eating salad. This created a surge in lettuce sales, leading to the rise of the organic food movement and hipster farmers' markets decades later. Who knew a meat strike could lead to quinoa?. Fact: Meat shortages during strikes have a funny way of making people realize how much they actually love their baconβjust not enough to cross a picket line..
- Headline: House Approves Local Rent Control Bill. Impact: The House voted for rent control, which meant landlords had to get creative with 'incentives' like charging you for your own heat. This eventually led to a whole new genre of reality TV shows featuring people living in their parents' basements.. Fact: Rent control might seem like a good idea, but itβs kind of like putting a Band-Aid on a broken leg and hoping it'll heal. Spoiler: it doesn't..
- Headline: DP ACCUSED AS SMUGGLER; Perfume and Watches Reported Found in Pole's Luggage. Impact: The Polish refugee's smuggling escapade turned out to be the start of a great underground market for luxury items that would inspire countless heists in movies. All thanks to one guy trying to make a quick buck!. Fact: J Szafranski's smuggling career might not have gone as planned, but it definitely made for an interesting story. I mean, who doesnβt want to hear about perfume and watches being smuggled like theyβre gold bars?.
- Headline: GERMAN REDS HINT AT 'WAR' ON WEST; Revolt Talk Heard as Prelude to People's Congress -- Action Groups' Existence Verified. Impact: The German Reds hinting at a 'war' on the West led to a decades-long game of geopolitical chess where neither side truly understood the rules. This created a culture of paranoia that inspired Cold War movies and the phrase 'better safe than sorry.'. Fact: Hinting at war is like throwing a rock in a glass houseβsomeoneβs bound to get hurt, and itβs usually the innocent bystanders. The Cold War was pretty much just a really long, awkward silence..
- Headline: ORMANDY OFFERS WORKS BY BRAHMS; Leads Philadelphia Orchestra in Carnegie Hall Concert -Rudolf Serkin Is Soloist. Impact: Ormandy's concert at Carnegie Hall ushered in a wave of classical music appreciation, leading to hipsters swarming like bees to a flower, sipping overpriced coffee while pretending to love Brahms. Thanks, Ormandy!. Fact: You could say that Ormandy's concert was the original 'Netflix and chill' for the cultured crowdβexcept it involved a lot more violins and a lot less... you know..
- Headline: AT THE THEATRE. Impact: G.B. Shaw's play 'You Never Can Tell' became a staple of community theaters everywhere, ensuring that every small town had at least one production that was painfully awkward and overly dramatic. Thanks, Shaw, for giving high school drama clubs something to butcher for decades.. Fact: Shawβs work has been performed so many times that it practically has its own Wikipedia page for all the terrible adaptations. Truly a sign of a classic!.
- Headline: SEES KEY ADVISERS; President Works Into the Evening on Message on Foreign Affairs FORRESTAL IS CONSULTED Marshall and Bohlen Also on Hand -- 'Preview' for Leaders of Congress Is Canceled CONGRESS AWAITS TRUMAN MESSAGE. Impact: Truman's consultation with key advisers was like a group project where no one wanted to do the work, resulting in a foreign policy that was as coherent as a drunken rant. This paved the way for every future president's cabinet to be filled with 'yes men.'. Fact: Consulting advisers only works if you actually listen to them. Otherwise, itβs just a fancy way of saying, 'Iβm going to do what I want anyway.'.
- Headline: Germans' Bizonal Council Ousts Communist for Implied Slander; GERMANS' COUNCIL OUSTS COMMUNISTS. Impact: The ousting of the Communist from the Germans' Bizonal Council set a precedent for political drama that would inspire soap operas and political thrillers for decades to come. Who knew politics could be so entertaining?. Fact: This incident is like the beginning of a bad sitcomβeveryone knows itβs a mess, but they just keep tuning in to see what ridiculous thing happens next..
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)