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Popular recordings and roots/country selections associated with the year
HEADLINES ON November 18, 1948
Full News Archive
- Headline: AFL's Political Commitment in 1948. Impact: The decision to stay in politics resulted in the creation of an infinite loop of educational reform discussions, where every new plan led to yet another convoluted plan, eventually giving rise to the modern-day PTA meetings that last for hours over snacks.. Fact: Did you know that 'Education Plan' is actually code for 'let's argue about how to teach kids math for the next three years'?.
- Headline: DALTON DELEGATE ON EUROPEAN UNITY; Appointed to Head British Group to Paris Session of Brussels Pact Nations. Impact: This appointment ignited a passion for European unity that would eventually lead to the European Union, because nothing says 'we're better together' like a bunch of nations arguing over currency and fish regulations.. Fact: Fun fact: The only thing more complex than European unity negotiations is trying to explain the plot of 'Inception' to a toddler..
- Headline: O'MAHONEY FAVORS EXCESS PROFIT TAX; Senator Says With Net All-Time High There Should Be No Hesitancy in Enactment BUT WOULD AID INVESTING Says Rates Should Be Devised to Encourage Private Capital in Talk Before Wool Men O'MAHONEY FAVORS EXCESS PROFIT TAX. Impact: O'Mahoney's insistence on taxing excess profits sparked a decade-long debate that led to accountants becoming the most sought-after professionalsβbecause who doesnβt want to spend their life figuring out loopholes?. Fact: Did you know that 'excess profits tax' is just a fancy way of saying, 'We want your money, but in a way that sounds less greedy'?.
- Headline: Taft Act Repeal Coupled With Substitute Is Plan Being Developed by Senator Murray. Impact: The repeal and substitute plan created a precedent for political maneuvering that would inspire future generations to think that changing laws is as easy as changing socksβjust take them off and throw them in the laundry basket of democracy.. Fact: Fun fact: The only thing more convoluted than the Taft Act's repeal process is trying to explain it to someone who just wants to know if they can still have their cake and eat it too..
- Headline: TRUMAN GOES SWIMMING; Also Poses With Wife, Daughter for White House Camera Men. Impact: Truman's casual swim day inadvertently set a precedent for future presidents to engage in photo-ops that would become a staple in political marketingβbecause nothing sells a candidate like looking good in swim trunks.. Fact: Fun fact: Truman swimming was possibly the first time a president was more relatable than politicians at a barbecueβwho knew a little splash could make history?.
- Headline: DENIES PAY FRAUD CHARGE; Miss Campbell, Ex-Aide of Parnell Thomas to Be Tried Jan. 10. Impact: The denial of fraud charges against Miss Campbell opened the floodgates for future scandals, leading to an era where political aides became as infamous as their bosses, forever changing the landscape of political trust.. Fact: Did you know that being an ex-aide is basically a career in 'who's who of scandal'? They should really start a support group for them..
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)