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 August 8, 1948
Full News Archive
- Headline: MIT's 1948 Summer School for Foreign Students. Impact: The decision to hold summer school for foreign students at MIT inadvertently led to a future where international students created a global network of tech geniuses, ultimately resulting in AI that writes better poetry than most humans. Thanks, MIT!. Fact: Did you know that summer school is just a fancy way of saying, 'Letβs make learning feel like a punishment'? Enjoy those extra hours, kids!.
- Headline: Democrats Rally for Javits in 1948. Impact: The Democrats' support of Javits against O'Dwyer resulted in a political rift that would lead to future generations of politicians who are even better at backstabbing than they are at governing. A true American tradition!. Fact: Fun fact: Political infighting is just like family dramaβeveryoneβs yelling, but no one really gets anything done..
- Headline: Vernon Watkins' Selected Poems Release. Impact: Watkins' Selected Poems sparked a literary renaissance that indirectly led to the rise of hipster coffee shops where people sip overpriced lattes while pretending to read actual books. Thanks, Vernon!. Fact: Did you know that poetry can be so obscure that even the author sometimes has to Google their own work? True story!.
- Headline: NOBLE HERO FIRST IN CHOICE STAKES; 37,017 Fans Wager $2,494,845 for Attendance and Betting Records at Monmouth. Impact: The record-setting attendance at the Choice Stakes led to the rise of betting apps that would eventually distract millions from their actual responsibilities. Way to go, horse racing!. Fact: Did you know that if you lose a bet at the racetrack, you can always blame the horse? They never argue back!.
- Headline: IN THE FIELD OF TRAVEL; A Week-End Motor Trip Through New England. Impact: The weekend motor trip through New England inspired countless family road trips, resulting in an entire generation of children swearing they would never sit in a car with their parents again. Road trip trauma, anyone?. Fact: Did you know that the average person spends 6 months of their life waiting at red lights? So much for quality family time!.
- Headline: The Problem of Negro Housing; THE NEGRO GHETTO. By Robert C. Weaver. 404 pp. New York: Harcourt Brace & Co. $3.75.. Impact: Weaverβs exploration of Negro housing problems led to awareness that would ripple through decades, fostering movements that aimed to address racial inequality, though not nearly fast enough. The struggle continues.. Fact: Did you know that housing inequality can sometimes feel like a bad game of Monopoly? Everyone else is building hotels while youβre stuck in jail..
- Headline: PENNY GOES TO CAMP. By Carolyn Haywood. Illustrated by the author. 191 pp. New York: William Morrow & Co. $2.. Impact: Penny's camping adventure inspired future generations to embrace the great outdoors, leading to an increase in mosquito populations and the subsequent invention of bug spray. Nature's revenge!. Fact: Did you know that camping is just a fancy way of saying 'sleeping outside while being eaten alive by insects'? Adventure awaits!.
- Headline: U.S. Withdraws Its Danube Plan; Hopes to Amend Soviet Proposals; U.S. CALLS BACK DANUBE PROPOSAL. Impact: The U.S. withdrawal from the Danube Plan led to a series of diplomatic blunders that taught future politicians that sometimes itβs better to not play chicken with the USSR. Yeah, hindsight is 20/20.. Fact: Did you know that diplomatic discussions are like a really intense game of chess, except everyone is trying not to get checkmated?.
- Headline: NEWS OF THE WORLD OF STAMPS. Impact: The world of stamps saw a resurgence that ultimately led to a bizarre collector's market where people paid exorbitant prices for tiny pieces of paper. Who knew postage could be so profitable?. Fact: Did you know that stamp collecting is the only hobby where you can spend hundreds of dollars on something that literally just gets licked and stuck to an envelope?.
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)