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Popular recordings and roots/country selections associated with the year
HEADLINES ON May 16, 1948
Full News Archive
- Headline: La Follette on Informative Lobbying. Impact: La Follette's assertion that some lobbies are good opened the floodgates for lobbyists to claim they were 'informing' the public. This eventually led to the rise of 'informational' lobbyists who just happened to also be on the payroll of corporations. So, thanks to La Follette, the phrase 'Iβm just here to help' became the unofficial slogan of Washington.. Fact: Did you know that lobbying is essentially the original form of influencer marketing? Just without the Instagram filters..
- Headline: Rabbi's Expulsion from Egypt. Impact: The rabbi's expulsion from Egypt sent shockwaves through the community, resulting in a diaspora that would eventually lead to the creation of the worldβs largest bagel shop in New York. Coincidence? I think not.. Fact: Fun fact: The last time someone was ordered to leave Egypt, they got a pretty good vacation out of it and came back with some tablets..
- Headline: Historic Flag Return from Palestine. Impact: Bringing back the Union Jack from Palestine sparked a series of flag-collecting trends that led to the first international 'Flag Swap' convention in the 80s. Who knew flags could be so⦠collectible?. Fact: Did you know that the Union Jack has more colors than most people's wardrobes? Talk about commitment to fashion!.
- Headline: AUSTRIANS OPPOSE END OF OCCUPATION; Survey Shows Large Majority Want West to Stay There to Balk Communist Coup. Impact: The Austrian resistance to ending occupation led to a surge in nationalism that inspired a series of protests and a love for lederhosen. Who knew that a fear of communism could lead to a fashion revolution?. Fact: Did you know that wearing lederhosen is the only way to be patriotic and comfortable at the same time? Talk about a win-win!.
- Headline: Are We Becoming a 'Laboristic' State?; The trend is that way, says an economist, and several major readjustments are indicated.. Impact: The economist's worry about becoming a 'laboristic' state prompted an avalanche of critiques about labor rights, which ironically led to more labor rights. The irony? The economists are still trying to figure out what 'laboristic' even means.. Fact: Did you know that 'laboristic' is not a real word? But it sure sounds fancy enough to make it into an economics lecture!.
- Headline: TROOPS CLEAR WAY FOR MEAT WORKERS IN SOUTH ST. PAUL; Minnesota Guard Routs Crowds From Streets Around Plants After Taking Jeers 3 Hours. Impact: The deployment of troops to clear the way for meat workers was a significant moment that highlighted labor struggles, ultimately leading to the creation of the 'Meat Workers' Day' where everyone just eats BBQ and forgets their problems. Because nothing solves a labor dispute like a good brisket.. Fact: Did you know that the phrase 'meat on the table' originated from this very strike? Because negotiations really do get tastier..
- Headline: 18,000 TAKE TEST FOR CITY FIREMEN; Written Examinations Held in Nine Schools in the Five Boroughs. Impact: The massive turnout for the firemen's test ignited a competitive spirit that eventually led to the creation of reality shows focused on firefighting. Because who doesnβt want to see people risk their lives for a shot at a shiny badge?. Fact: Did you know that becoming a fireman is one of the few jobs where you can literally play with fire and itβs considered a skill? Just donβt try that at home!.
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)