Breakthroughs and everyday innovations from the year.
HEADLINES ON March 22, 1948
Full News Archive
- Headline: Open House at Floyd Bennett Field. Impact: The air show at Floyd Bennett Field sparked a global obsession with aviation, leading to the creation of numerous reality TV shows about pilots and their 'thrilling' lives, all thanks to a few planes in New York.. Fact: If only the planes could talk, they'd probably say, 'All this fuss just for an open house? Get me a drink!'.
- Headline: Jewish Agency Claims De Facto State. Impact: This declaration set off a chain reaction of political movements, eventually influencing global conversations about statehood and sovereignty, which are still being argued over in various coffee shops and boardrooms today.. Fact: The phrase 'de facto' is often used in politics to sound smart, but it literally means 'in fact.' So, they were just confirming what everyone already knewβtalk about redundant!.
- Headline: End of Applications for Submerged Oil. Impact: This decision led to a series of delays in oil exploration that created a ripple effect in the energy market, ultimately leading to the invention of 'sustainable energy'βwhich is basically code for 'we realize we messed up.'. Fact: Submerged oil sounds like a fancy cocktail but is actually just a sad reminder of how Congress often drowns in its own indecision..
- Headline: Books of the Times. Impact: The review of 'Great Mischief' by J. Pinckney led to a surge in literary mischief, inspiring countless authors to pen works that would baffle and bemuse readers for generations.. Fact: If only we could turn back time and give this book to every politicianβmaybe they'd learn a thing or two about mischief and accountability!.
- Headline: Senator a Chinatown Speaker. Impact: This annual dinner speech accidentally set a precedent for politicians to think that attending cultural events makes them relatable, leading to endless photo ops with oversized fortune cookies.. Fact: Spoiler alert: The senator probably still can't use chopsticks. But hey, at least they tried!.
- Headline: CARGO LOSSES HEAVY BY IMPROPER PACKING. Impact: J.F. Gouldβs plea for better packing techniques led to the establishment of rigorous shipping standards. This, of course, resulted in a world where people complain about not receiving their online orders on time instead.. Fact: Improper packing is just a fancy way of saying, 'Oops, I did it again!' But seriously, can we just get bubble wrap for everything?.
- Headline: $9,000,000 REPAIR JOB; Reconversion of Transport Will Employ 1,000 for 8 Months. Impact: This hefty repair job not only employed a thousand people but also inadvertently fueled a local economy, proving that sometimes, throwing money at a problem really does workβwho knew?. Fact: If you think $9 million is a lot, just wait until you see the governmentβs budget for coffee mugs!.
- Headline: VETERANS PICKET SOVIET FREIGHTER; Jersey Unit Begins Protest Against Shipment of Goods Held Useful for War. Impact: This protest highlighted the complexities of post-war politics, leading to a tangled web of international relations that weβre still trying to untangle todayβin a world where shipping routes are as convoluted as a soap opera plot.. Fact: Protesting against a freighter is like yelling at a cloud; you might feel better, but it doesn't change the weather!.
- Headline: Broader Inquiry Asked. Impact: This request for a UN Security Council probe into the USSR's role in Eastern European politics foreshadowed decades of espionage, intrigue, and a Cold War that had everyone questioning their neighborβs motives.. Fact: Asking for a broader inquiry is just code for, 'We have no idea what weβre doing, but letβs get everyone else involved!'.
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)