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 May 11, 1949
Full News Archive
- Headline: British Airlift Costs and Context. Impact: This hefty price tag not only drained the treasury but also inspired a generation of future budget analysts to perfect the art of spending without accountability, leading to the modern-day phenomenon of overpriced government contracts. You're welcome, taxpayers!. Fact: Just imagine if they had spent that money on, I don't know, literally anything else. Like a giant rubber duck to float around the Thames. Much more entertaining!.
- Headline: Jersey City Election Upset of 1949. Impact: This narrow victory sparked a political renaissance in Jersey City, leading to a series of elections where candidates realized they could win by simply showing up and not being the previous guy. Who knew democracy could be so easy?. Fact: Fun fact: The last time a political reign ended by such a slim margin, it was because the guy forgot to show up for the debate. Talk about giving your opponent a fighting chance!.
- Headline: New Body Established for Security Oversight. Impact: The formation of this committee gave rise to an endless cycle of meetings where bureaucrats would gather to discuss how to avoid discussing anything too important. This laid the groundwork for decades of government inefficiency. Bravo!. Fact: Interestingly, this committee was so effective that it later inspired the creation of the 'Committee for Creating More Committees.' The world needs more paperwork, apparently!.
- Headline: Yale Professor Chosen As Drew Seminary Dean. Impact: Dr. C.T. Craig's appointment not only elevated theological studies but also inadvertently set off a chain reaction of academic snobbery that persists in Ivy League institutions to this day. Who knew theology could be so elitist?. Fact: Did you know that being a dean at a seminary comes with the perk of having to explain to students why they canβt just Google their religious questions? Ah, the joys of academia!.
- Headline: British Airlift Plane Crashes. Impact: The crash served as a somber reminder of the fragility of human endeavor, leading to stricter air travel regulations and a collective anxiety about flying that would permeate society for decades. Every turbulence bump now comes with a side of existential dread.. Fact: Air travel safety has improved drastically since then, yet somehow we still manage to forget our luggage half the time. Priorities, right?.
- Headline: Variety of Surprise Steps By Russia Is Held Possible; West Looks for New Moves on Germany at Big 4 Foreign Ministers' Session in Paris. Impact: This diplomatic dance set the stage for Cold War tensions, where every surprise move by Russia was met with a counter-move by the West. It's like a bad romantic comedy where no one really knows who the lead is.. Fact: In the end, the only surprise that truly mattered was that no one ended up throwing a pie at these meetings. Now that would have made history more entertaining!.
- Headline: SENATORS CONDEMN OUR SPANISH POLICY; No Logic in Having an Envoy in Russia, Says Connally, but None at Madrid. Impact: This debate highlighted the absurdity of political appointments, leading to a legacy of baffling diplomatic choices that still leave people scratching their heads today. Spoiler: it rarely makes sense!. Fact: Imagine being the person who had to explain to the world why sending an envoy to Madrid was as popular as a root canal. Politics: where logic goes to die!.
- Headline: BRITISH ACCUSE POLISH AIDE; Assistant Military Attache Called a Spy at Espionage Trial. Impact: This case of espionage not only strained Polish-British relations but also set off a wave of paranoia that would fuel spy novels for generations. Thanks a lot, Major Kajdy!. Fact: The espionage game is so glamorous in fiction, yet in reality, it often involves a lot of paperwork and awkward silences at dinner parties. Not quite the James Bond lifestyle!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1949, it would be worth $3,433,939 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1949, it would be worth $586,657 today (586.7x return)
KMB
Kimberly-Clark
Kimberly-Clark - If you invested $1,000 in 1949, it would be worth $147,887 today (147.9x return)