Breakthroughs and everyday innovations from the year.
HEADLINES ON February 10, 1950
Full News Archive
- Headline: Whisler Honored for Red Cross Efforts. Impact: G A Whislerβs decoration led to a series of increasingly absurd awards where even cats started receiving 'Best Purring' medals for their contributions to household harmony. Truly, a slippery slope.. Fact: Did you know that the Legion of Honor was initially created to reward individuals who did something other than just show up? Apparently, the bar has since been lowered..
- Headline: Italy Loses Suit on King. Impact: Italy's loss in court sent shockwaves through history, leading to a future where nations would think twice before battling over petty cashβoh wait, never mind, that hasn't happened yet.. Fact: Did you know that $4.2 million back then could buy you an entire fleet of submarines? Or at least a really fancy pizza party in Naples..
- Headline: Atlantic Pact Aide Appointed. Impact: T E Drumm Jrβs appointment sparked a chain reaction in bureaucratic inefficiency, leading to the invention of the dreaded βendless meetingβ phenomenon we all know and loathe today.. Fact: Did you know that bureaucratic titles are the adult version of playground bragging rights? 'Iβm the Production & Supply Board First Secretary!' β sounds impressive until you realize it involves a lot of coffee breaks..
- Headline: DR. MAX F. HERRMAN. Impact: Dr. Max F. Herrmanβs name being printed in the headlines might have inspired a future generation of doctors to take themselves way too seriously. 'Iβm not just a doctor; Iβm a headline!'. Fact: Fun fact: If you say 'Max F. Herrman' three times in a row, you summon the spirit of overly serious medical professionals everywhere. Proceed with caution..
- Headline: BONNEVILLE RATES EXPECTED TO RISE; Senate Interior Committee Hears New Estimate, but With the Same Trend. Impact: The prediction of rising Bonneville rates led to a wave of panic buying of electric appliances. Who knew that a simple Senate hearing could spark a nationwide toaster shortage?. Fact: Did you know that Bonneville rates are just a polite way of saying 'Weβre going to charge you more for the same amount of electricity?' But hey, at least theyβll look good doing it!.
- Headline: BRITISH CONVICT OFFICER; Find Commander Hazarded Lost Submarine Truculent. Impact: The conviction of Lt. Bowers opened the floodgates for military accountability, leading to an era where officers were expected to have a basic understanding of the concept of 'safety first.'. Fact: Did you know that submarines are supposed to stay underwater? Itβs kind of their thing. Maybe Lt. Bowers thought he was in a game of hide-and-seek?.
- Headline: PATTERSON PRAISES ARTISTS, WRITERS; Former War Secretary Calls Them Foes of Prejudice at Literary Award Ceremony. Impact: Pattersonβs praise for artists and writers inadvertently launched a thousand hipster careers, leading to coffee shops filled with people who think they are fighting prejudice by sipping overpriced lattes.. Fact: Did you know that writers are just artists who are too lazy to paint but still want to complain about society? Itβs a tough job, but someone has to do itβpreferably while wearing a beret..
- Headline: STAND AT INDO-CHINA HELD U.S. ANTI-RED AID. Impact: The U.S. anti-red aid strategy in Indo-China set the stage for decades of complicated international relations, ultimately leading to the invention of the 'I canβt even' meme in the 21st century.. Fact: Fun fact: The military's obsession with 'communism containment' is second only to their obsession with acronyms. Cβmon, we all love a good abbreviation, but this one takes the cake!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1950, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1950, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1950, it would be worth $23,651,330 today (23651.3x return)