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 May 26, 1948
Full News Archive
- Headline: Curb on Entries: A Significant Law. Impact: This law led to an unprecedented series of debates that eventually spiraled into the creation of the 'Safety Committee of the Future,' which ironically ended up banning the word 'fun' from public events. Who knew safety could be so dull?. Fact: Did you know that the first law signed by a U.S. President was actually a law about tariffs? But sure, let's focus on public safety—because that’s what everyone wants to talk about at parties..
- Headline: Truman Advocates for Higher Wages. Impact: Truman's request for a minimum wage sparked a nationwide inflation crisis. Little did he know, his simple plea would eventually lead to a national debate about whether avocado toast was worth $20.. Fact: Did you know that '75 cents' was once considered a laughably low minimum wage? Today, you might just get one avocado slice for that. Progress!.
- Headline: Hal F. Lee's Good-Will Award. Impact: Hal F. Lee receiving an award triggered a chain reaction of goodwill awards that eventually led to the creation of the 'Most Irrelevant Award' given annually to the least impactful person on the planet. Lee's name was ironically the first recipient.. Fact: Did you know that receiving a goodwill award is often just code for 'Congratulations, you didn't mess up too badly this year!'.
- Headline: Warren Leads in Florida Poll. Impact: Warren's lead in Florida polls became the stepping stone for countless future political candidates to realize that being popular just means you have a better chance of losing when it counts.. Fact: Did you know that Florida polls have been notoriously unreliable since the dawn of time? They’re like weather forecasts—everyone loves to check them, but they’re usually wrong!.
- Headline: MARSHALL PLEADS FOR CHILDREN'S AID; Packed Garden Audience Hails His Exhortation to Invest in Future of World. Impact: Marshall's passionate plea for children's aid led to the establishment of a national 'Kids First' initiative, which somehow resulted in a nationwide obsession with gluten-free, organic snack options for children. Thanks, Marshall!. Fact: Did you know that Madison Square Garden has hosted everything from boxing matches to concerts? But Marshall's event was the first and only time it was filled with people discussing the future of the planet while eating carrot sticks..
- Headline: Hogan Vanquishes Turnesa to Win His Second P.G.A. Championship; HERSHEY PRO TAKES GOLF TITLE, 7 AND 6. Impact: Hogan's victory at the P.G.A. Championship inspired a generation of wannabe golfers who would later crowd public courses, leading to the invention of the term 'golf clap'—a polite way to cheer for mediocre performances.. Fact: Did you know that golf is the only sport where you can wear plaid and still look sophisticated? Hogan's style was unmatched, but he would have looked even better in neon..
- Headline: Gordon J. Campbell Elected. Impact: Campbell's election as director led to a wave of directors getting elected for all sorts of trivial positions, culminating in a nationwide contest for 'Director of the Most Useless Bureaucracy,' which still exists today.. Fact: Did you know that electing directors is just the political equivalent of picking a team captain in gym class? Everyone's secretly hoping to be picked, but no one really wants the responsibility..
- Headline: Hosiery Men Sentenced. Impact: The sentencing of the hosiery men made headlines, resulting in a nationwide hosiery shortage. Yes, folks, this was the origin of 'sockless summer'—where fashionistas dared to go bare and suffered for it.. Fact: Did you know that hosiery was once a euphemism for luxury? Now, it’s just a reminder of how hard it is to find matching socks on laundry day..
- Headline: Heads ERP Unit in Belgium. Impact: Dr. Ockrent's appointment to head the ERP unit in Belgium was the catalyst for countless overqualified doctors to seek out bizarre political positions, eventually leading to the rise of the 'Doctor Politician'—a trend that never really took off but was hilariously awkward.. Fact: Did you know that Belgium is known for its chocolate, waffles, and a confusing political system? Ockrent probably thought he was just going to help with economics, not trying to decipher a political Rubik's Cube..
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)