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The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON November 17, 1948
Full News Archive
- Headline: Banker Advocates for Expense Control. Impact: If bankers had just controlled their expenses back then, we might have avoided the Great Recession! Or maybe weβd just have more money to throw at fancier coffee machines in their offices. Who knows?. Fact: Banks have been urging expense control since the dawn of time, but it seems they still can't resist a good vacation in the Bahamas..
- Headline: Auto Price Control Discussion in 1948. Impact: If auto prices had been controlled, we might have had flying cars by now instead of just overpriced sedans that still can't park themselves. Thanks, industry!. Fact: The only thing harder to control than auto prices is the amount of time your car spends in the shopβgood luck with that!.
- Headline: STASSEN ASKS TOP ON U.S. AID ABROAD; Ceiling on Rearmament Costs and Social Services Here Urged to Avoid Breakdown. Impact: Stassen's plea for U.S. aid abroad could have transformed America into a benevolent global superhero. Instead, we mostly became the guy who shows up at the party with stale chips.. Fact: It's astonishing how often politicians urge for aid without realizing they should probably start with their own backyards first..
- Headline: Dock Strike Costs Millions; Rail, Truck, Tug Jobs Halted; A SHIP NEWS SCENE AT A RAILROAD TERMINAL DOCK STRIKE LOSS RUNS TO MILLIONS. Impact: This dock strike might have turned into a larger labor movement if only people realized that a few days of no shipping could lead to a national pizza shortage.. Fact: Dock strikes are the perfect excuse for not sending that birthday gift on time. Blame it on the 'millions' lost!.
- Headline: Tito Charges Cominform States Imperil 'Progressive Movements'; Tito Charges Cominform States Imperil 'Progressive Movements'. Impact: Tito's charge against Cominform states may have sparked a global game of 'who can out-socialist the other,' which is still going on todayβwho's winning? No one.. Fact: The only thing more confusing than socialist-capitalist relations is trying to explain TikTok to your grandparents..
- Headline: Truman Trims His Weight To 173 Pounds in Florida. Impact: Truman's weight loss may have inspired future presidents to enter fitness contests instead of policy debates. America might have turned into a nation of workout enthusiastsβyikes!. Fact: Truman's weight is still a hot topicβmostly because he was one of the first presidents to actively try to avoid becoming a 'pudding president.'.
- Headline: Elected to Chairmanship Of U.S.-Filipino Concern. Impact: McNutt's chairmanship could have led to a U.S.-Filipino friendship that solved world hungerβif only they had more than just a name on a piece of paper.. Fact: Being elected chairman seems prestigious until you realize it mostly involves sitting through boring meetings about paperwork..
- Headline: STEELMEN OPPOSE F.O.B. MILL PRICING; Two Witnesses Before Trade Policies Committee Want Laws Clarified STEEL MEN OPPOSE F.O.B. MILL PRICING. Impact: The steelmen opposing pricing could have ushered in a new era of fair commerceβif only they werenβt too busy arguing about who gets the last donut in the break room.. Fact: Trade policies are like your annual family gathering: everyone argues, but no one really knows what theyβre fighting about..
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)