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HEADLINES ON May 27, 1948
Full News Archive
- Headline: Rio Deputies Demand Pay Rise. Impact: The deputies' pay rise bill led to an endless cycle of public sector demands, resulting in an entire generation of politicians who believe that raising salaries is the solution to all their problemsβlike trying to fix a sinking ship with a bucket of cash.. Fact: Did you know that politicians often think a raise can solve everything, except their approval ratings?.
- Headline: Clay and Huebner Nominated for Leadership Ranks. Impact: The nominations of Clay and Huebner set off a chain reaction in military politics, leading to a dramatic increase in the number of generals with the last name 'Clay'βbecause why not add a little confusion to the ranks?. Fact: Did you know that in military nominations, the more 'Clays' you have, the less likely anyone is to remember why they were nominated in the first place?.
- Headline: POLISH CATHOLICS APPROVE BORDERS; Their Warsaw Paper Also Backs Expulsion of East Germans Despite Pope's Censure. Impact: Polish Catholics approving new borders led to a confusing game of geopolitical musical chairs that had everyone wondering who would end up with the best seatβor if they would all just end up standing awkwardly in the corner.. Fact: Did you know that expelling East Germans was basically just the 20th-century version of 'sorry, you're not on the guest list'?.
- Headline: POLES SCOUT U. S. WARNING; Embassy Denies Citizens Going Abroad May Be Held. Impact: The warning from the U.S. embassy about Polish citizens retaining their citizenship sparked a wave of patriotic fever, inspiring some to start a travel blog called 'The Polish Passport Diaries'βwhich ended up being just a collection of selfies at customs.. Fact: Did you know that retaining citizenship is like keeping your gym membershipβit's much easier than actually using it?.
- Headline: N. Y. U. Names Arkansas Dean. Impact: N.Y.U. naming an Arkansas dean led to a bizarre cross-pollination of academic styles, resulting in a series of seminars where Southern drawls met Northeastern sarcasm, creating a whole new dialect of academic jargon nobody could understand.. Fact: Did you know that academia is basically just a contest to see who can use the most confusing words to say the simplest things?.
- Headline: EUROPE RELUCTANT TO BUY POLISH COAL; Western Lands Prefer to Get U. S. Fuel Despite Basic Aim to Be Self-Supporting. Impact: Europe's reluctance to buy Polish coal ignited a fierce debate over energy sources, leading to the birth of the 'U.S. Coal Conspiracy,' where theorists claimed that U.S. coal was secretly from an ancient dinosaur kingdom.. Fact: Did you know that coal is just ancient plant matter? So, really, we might as well just be burning salad greens at this point..
- Headline: Licia Albanese Flies to Rome. Impact: Licia Albanese's flight to Rome sparked a trend of opera singers attempting to travel exclusively by air, leading to the first-ever 'Opera in the Sky' performance where high notes were literally hit at 30,000 feetβmuch to the dismay of the passengers.. Fact: Did you know that singing at high altitudes is great for the lungs but terrible for the eardrums of fellow travelers?.
- Headline: WALLACE IN RACE TO STAY, HE SAYS; He Replies to Prediction He Would Quit Before Election -- Hails Rail Labor Plan. Impact: Wallace's determination to stay in the race became a rallying cry for all those who refuse to accept defeat, ultimately giving rise to a new political movement: 'Stubbornism'βbecause who needs a plan when you have sheer willpower?. Fact: Did you know that sometimes staying in a race is just code for 'I have no idea what I'm doing but I'm too proud to quit'?.
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)