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 December 12, 1949
Full News Archive
- Headline: Strachey Inspects East Africa's Peanut Project. Impact: Strachey's peanut inspection inadvertently leads to a global obsession with peanut butter, sparking an international war over the best PB&J recipes. Countries still argue over whether jelly belongs on top or bottom.. Fact: Peanuts are technically legumes, which means Strachey was off to inspect something thatβs not even a nut. Who knew the British Food Minister was on a legume safari?.
- Headline: Pope Pius Declares Maryβs Assumption Dogma. Impact: This proclamation triggers a celestial traffic jam as angels suddenly need to get clearance for heavenly entrances. The resulting chaos leads to the creation of divine parking spaces.. Fact: The Assumption of Mary became a dogma in 1950, but thatβs just when the paperwork got finalized. Heaven had already been buzzing about it for millennia..
- Headline: DEVALUATION SETS UP ACCOUNTING PROBLEM. Impact: The sudden devaluation causes accountants to panic and inadvertently leads to the birth of modern accounting software. Thanks, inflation, for making math nerds tech billionaires!. Fact: When money loses value, accountants get a workout. Who knew that financial chaos could lead to gym memberships for bean counters?.
- Headline: McCANN-ERICKSON AGENCY NAMES 4 WOMEN VICE PRESIDENTS. Impact: This groundbreaking move inspires a wave of empowerment that leads to the rise of women in leadership roles globally. Fast forward a few decades, and we're now arguing about whether to have a woman president or a woman president's dog.. Fact: In a world where only a few women held leadership positions, McCann-Erickson's decision was like throwing a glitter bomb into a very dull meeting..
- Headline: RESIDENT OFFICES REPORT ON TRADE; Coat Prices, 10 to 20% Lower at Wholesale, Cause Sharp Increase in Retail Sales. Impact: The sudden drop in coat prices leads to a nationwide obsession with fashion, resulting in the infamous 1980s shoulder pads that nearly toppled the countryβs economy due to fabric shortages.. Fact: Fashion trends are like boomerangsβwhat goes out of style often comes back, usually in a more ridiculous form..
- Headline: OPERATORS EXPECT COAL STRIKE JAN. 1; PREFER IT TO 3 DAYS; See Lewis Ordering New Halt, but May Force One on Own in Move for Full Output. Impact: The coal strike sets off a chain reaction that leads to the invention of the remote controlβbecause if you canβt have heat, at least you can change the channel on the TV without getting off the couch.. Fact: Strikes are pretty much the adult version of throwing a tantrumβonly with more paperwork and less chocolate..
- Headline: BAZAAR HONORS MISS LIE; She and Mrs. A. H. Feller Chief Guests at Synagogue Function. Impact: The bazaar honoring Miss Lie becomes an annual event, inadvertently inspiring a generation of fundraising galas that shift the focus from charitable giving to who can wear the sparkliest dress.. Fact: Nothing says βhonorβ like a fancy event where the primary goal is to outshine your friendsβ outfits..
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)