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HEADLINES ON April 30, 1950
Full News Archive
- Headline: Opposition to Cuts in Air-Aid Funds. Impact: This air-aid funding debate led to a future where every time you ask for directions, someone insists on using military-grade GPS. Thanks, Congress!. Fact: Air-aid funds are like that friend who always promises to bring snacks but leaves you with just crumbs..
- Headline: People's Party Seeks Peasant Support. Impact: The People's Party's appeal to farmers paved the way for the rise of the 'Farm to Table' movement, which ironically resulted in more tables than food.. Fact: If you ever wondered where all the political slogans came from, just remember: they were mostly made up while waiting in line for coffee..
- Headline: Mimosa Mayhem Uncovered in 1950 Report. Impact: The chaos of criminals on the loose inspired countless crime dramas, leading to a cultural obsession with true crime that has us all second-guessing our neighbors.. Fact: In a twist of irony, the 'Silver Spoon Laborer' later became a bestselling author on how to avoid hard work..
- Headline: DREDGING OF PORT A VITAL OPERATION; Powerful Machines Gouge Tons of Sludge From River Bed to Clear Pier Slips. Impact: The dredging operation cleared the way for larger ships, which led to a future where cargo ships now block your view of the sunset.. Fact: Dredging is just a fancy word for 'we're making a mess to fix another mess.'.
- Headline: NATION'S LARGEST POSTWAR PASSENGER LINER. Impact: The launch of the SS Independence inspired a generation of people to think that cruising was the ultimate form of freedom, proving they never tried public transport.. Fact: SS Independence was so large, it once blocked out the sun, prompting the phrase 'the cruise ship is coming, hide your snacks!'.
- Headline: Teachers College Elects Jurist as Life Trustee. Impact: Electing a jurist as a life trustee set a precedent for future elections where qualifications matter less than the ability to be a good friend.. Fact: Life trustees are like that friend who insists on keeping your secrets foreverβexcept they also have access to your bank account..
- Headline: PEIPING TO JOIN U.N. TALK; Wants Economic Commission for Asia to Bar Nationalists. Impact: Peiping's demand for Nationalist expulsion laid the groundwork for diplomatic spats that would eventually make Twitter feuds seem polite.. Fact: When it comes to international relations, it's all about who can throw the best shade while pretending to play nice..
- Headline: GEORGE H. MAGNER, 63, EXPORT CONSULTANT. Impact: George H. Magner's work as an export consultant inadvertently led to the global obsession with 'Made in China' labels, which still baffle consumers today.. Fact: Export consultants are basically the tour guides of international trade, except they charge a lot more and offer fewer snacks..
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)