Breakthroughs and everyday innovations from the year.
HEADLINES ON April 27, 1948
Full News Archive
- Headline: W. New York Celebrates O'Dwyer. Impact: The honor bestowed upon O'Dwyer set off a chain reaction where every mayor felt the need to be 'honored' in some way, leading to the first annual 'Mayors' Self-Congratulation Day' β a holiday celebrated only by mayors and their mothers.. Fact: O'Dwyer was the first NYC Mayor to be honored for, well, just existing. What a time to be alive!.
- Headline: Berlin Police Chief Escapes Soviet Arrest. Impact: This escape sparked a series of unfortunate events where every police chief in the world began to consider their own escape plans, leading to the first 'How to Evade Arrest' seminar in police academies. Spoiler: It didn't end well.. Fact: Fleeing from arrest could be considered the original 'run for office.' Just saying..
- Headline: COSTA RICA LEADER SEES BIG JOB AHEAD; Able Young Men Back Figueres, His Wife Says, in Efforts to Solve Nation's Problems. Impact: The optimism expressed by Figueres' wife led to a national movement for young men to take charge. Unfortunately, they took charge of the nearest beach party instead, which didn't solve any problems but did boost local tourism.. Fact: Figueres' wife was really onto something β if only they had thought to include a beach cleanup as part of the job description!.
- Headline: West Europe Arms Parley To Link Its Planning to U.S.; Western European Arms Parley Will Relate Its Planning to U.S.. Impact: This meeting led to the creation of a secret club, where defense ministers would exchange plans over drinks, ultimately resulting in the world's most awkward game of 'telephone' β a game that had grave consequences.. Fact: Inviting defense ministers to London is basically like inviting your relatives to Thanksgivingβeveryone pretends to get along until they don't..
- Headline: NEGRO LEADERS QUIT ARMY ADVISORY ROLE. Impact: This pivotal moment led to a greater awareness of civil rights, eventually causing ripples that transformed the military and society at large, showing that sometimes, stepping away can be the most powerful statement of all.. Fact: The decision to quit wasn't just a protest; it sparked discussions that would echo for decadesβproving that sometimes, taking a stand means taking a step back..
- Headline: Isacson Now Receives Passport To Visit Palestine as 'Observer'. Impact: Isacson's journey as an 'observer' led to a surprising trend where everyone suddenly wanted to be an 'observer' of world issues, leading to a spike in people taking selfies at global summits.. Fact: Being an 'observer' sounds fancy until you realize it just means you're not allowed to touch anything..
- Headline: HIGH COURT ISSUES SLATE; Argument Sessions End Friday -- UMW Appeal May Be Heard. Impact: The high court's busy schedule inadvertently led to the creation of a new legal career: 'Courtroom Clowns' who provide comic relief during the tedious arguments, forever changing the tone of judicial proceedings.. Fact: The only thing more exciting than a high court slate is watching paint dryβat least the paint has a chance of being colorful!.
- Headline: Indicted as Tax Cheater. Impact: Lias being indicted for tax evasion opened the floodgates for tax reform discussions, ultimately leading to the creation of the phrase 'It's not cheating if you can convince the IRS itβs a loophole!'. Fact: Tax evasion is like going to a buffet and trying to sneak out with a plate of foodβsomeone's going to notice, and it won't end well..
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)