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HEADLINES ON December 7, 1948
Full News Archive
- Headline: Quill's Re-election Marks Union Overhaul. Impact: Quill's re-election set off a chain reaction where future union leaders would study his tactics and become increasingly creative in their efforts to eliminate opposition, eventually leading to a world where they could remove dissenters with just a strongly worded email.. Fact: In the world of union politics, 'housecleaning' rarely involves a broom and dustpan. More like a metaphorical jackhammer..
- Headline: Honoring Seeley C. Coddington's Legacy. Impact: Coddington's passing sparked a series of memorials that would lead to the invention of the 'memorial selfie,' where people would take pictures at funerals, leading to the rise of the influencer culture we know today.. Fact: Seeley C. Coddington was quite the character, but sadly, nobody thought to take a selfie with him at the time..
- Headline: Equity Library Theatre Frolic 1948. Impact: The Equity Library Frolic led to a contemporary obsession with immersive theater, where audiences would later be asked to pay extra fees just to sit on the floor and pretend they were part of the show.. Fact: Back then, 'frolic' was just a fancy word for 'we're going to charge you to watch people act out their dreams.'.
- Headline: DANIEL TORBUSH. Impact: Torbush's name became a favorite for future generations of politicians who wanted to sound cool while making bad decisions. It's now a popular name for fictional characters in poorly written novels.. Fact: Danl Torbush is a name so unique that even Google struggles to find related searches..
- Headline: RENT BOARD REJECTS 10% U.S. HOUSING CUT. Impact: The Rent Board's rejection of the housing cut led to a national crisis in affordable housing, setting off a decades-long trend of people living in their parents' basements while dreaming of owning a home.. Fact: In a shocking twist, landlords everywhere rejoiced, proving they really do have a secret club where they high-five over rejected proposals..
- Headline: MME. CHIANG HOPES FOR A WORLD PEACE; Warns of Lessons of Past History and Counsels Friends of China to Be Patient. Impact: Mme. Chiang's call for world peace resonated through time, leading to the creation of countless motivational posters featuring kittens and the phrase 'Hang in there!'. Fact: Turns out, world peace is a lot harder to achieve when you don't have a kitten to inspire everyone..
- Headline: TO AID FILIPINO CHILDREN; Far East Unit of U.N. Fund to Relieve Youth of Island First. Impact: The initiative to aid Filipino children became a pivotal moment that eventually inspired the 'Save the Children' campaigns, which now feature cute animals and celebrity endorsements.. Fact: The original slogan was 'Help the Children,' but they decided they needed a more marketable angle, thus leading to 'Save the Whales' and 'Free the Bears.'.
- Headline: DECORATOR FITS UP TWO MODEL HOMES; Apartments of 5 and 4 Rooms Shown in Queens -- Cost to Furnish Latter Is $3,100. Impact: The unveiling of model homes led to the modern obsession with home design shows, where people now renovate their lives instead of just their apartments, often resulting in existential dread.. Fact: Furnishing a model home for $3,100 today would get you a single chair and maybe a vintage lamp if you're lucky..
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)