Breakthroughs and everyday innovations from the year.
HEADLINES ON November 6, 1949
Full News Archive
- Headline: U.S. Foreign Policy Talks in 1949. Impact: If only the U.S. had just sent a postcard instead of holding meetings in Paris, we might have avoided a few world wars. But hey, who doesnβt love a good geopolitical mess?. Fact: The Acheson plan was so ambitious that it almost required a time machine just to keep track of all the foreign issues..
- Headline: Innovative Radio Schedule at WHBI. Impact: The one-day week was revolutionary until someone realized that not working one day a week would lead to an increase in existential dread for the other six.. Fact: This innovative approach to radio broadcasting was probably just a way to get out of doing actual work. Who knew laziness could sound so good?.
- Headline: Pilot Hiring Hall Rejected by Employers. Impact: The refusal to hire pilots through a hall may have inadvertently led to a highly skilled underground pilot trade. Who knew the aviation industry could be so rebellious?. Fact: This is why the phrase 'it's all about who you know' exists. Apparently, being a pilot is like being in a secret club with some very strict entry requirements..
- Headline: CAMPAIGN IGNORES DETROIT'S CHARTER; Nonpartisanship Abandoned in Bitter Contest Between Edwards and Cobo. Impact: Ignoring Detroit's charter was a bold move that set the stage for every political scandal since. Thanks, Edwards and Cobo, for paving the way for future politicians to abandon all principles!. Fact: Political contests in Detroit have always had more drama than a soap opera, just with fewer commercial breaks..
- Headline: 1950 Preview. Impact: The forecasts of 1950 have led to countless political predictions and debates, proving that humans have no idea what they're doingβeven with a crystal ball.. Fact: Spoiler alert: 1950 turned out to be just as chaotic as everyone predicted. Someone should have warned them about the unpredictability of humans..
- Headline: CURBS IN D.P. LAW NOW MAKE THEMSELVES FELT; Year's Quota Will Not Be Filled Under Restrictions Imposed by Congress. Impact: The restrictions on displaced persons were so effective that they probably created the world's first 'we're not letting you in' club, which continues to thrive today.. Fact: Turns out, bureaucracy can be just as effective as a bouncer at a nightclub when it comes to keeping people out. Who knew?.
- Headline: FOOD CONSUMPTION UP 10% PER CAPITA; Grocery Executive Compares Figures With 10 Years Ago -- Exports to Set New Record. Impact: The 10% increase in food consumption led to a national obsession with grocery shopping, eventually culminating in the birth of reality shows centered around food.. Fact: This grocery executive really knew how to crunch numbersβtoo bad they didnβt know how to crunch lettuce as well as they crunched the statistics..
- Headline: BANKERS OPPOSE A GOLD PRICE RISE; Speakers at San Francisco Agree Advance Would Be Perilous to Economy RETURN TO STANDARD SEEN Burgess Says World Needs Shift to Bar Excesses of Political Leaders BANKERS OPPOSE A GOLD PRICE RISE. Impact: Bankers opposing a gold price rise may have inadvertently triggered a global gold rush. Thanks a lot for keeping everyone else on their toes, guys!. Fact: Bankers discussing gold prices is like a group of cats debating the merits of climbing treesβeveryone has an opinion, but it rarely leads to anything productive..
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)