Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON May 3, 1950
Full News Archive
- Headline: Graziani Convicted by Military Tribunal. Impact: Graziani's conviction led to a series of judicial reforms in Italy, which inadvertently inspired a future generation of lawyers to start using puns in their defense arguments. This bizarre evolution of legal language ultimately shaped the way courtroom dramas are written today.. Fact: Graziani was known as the 'Butcher of Libya'βfun fact: his cooking show never made it past the pilot episode..
- Headline: State Rent Control Launches Successfully. Impact: The smooth start of rent control led to a future where landlords began offering 'free' Wi-Fi and 'complimentary' coffee, which later became a trend in every hipster cafΓ© across the globe. Who knew rent control would lead to artisanal lattes?. Fact: Rent control has been around longer than your last three relationships combined..
- Headline: Couple Adopts French War Orphan. Impact: This heartwarming adoption sparked an international movement for foster care, which led to future celebrities adopting children from every corner of the globe in a quest for social media likes, proving that altruism and Instagram can be a toxic mix.. Fact: The 'Foster Parents Plan for War Children' was like a 1940s version of speed datingβexcept the stakes were a bit higher..
- Headline: JOB BENEFIT RIGHTS USED UP BY 200,000; 7,953 in State Get 26th, Final Check in Week--Rate Nearly Double That of Year Ago MANY STILL OUT OF WORK Some Idle So Long They Can Not Qualify for Such Help After June 3 Shift Many Now Without Benefits 380,048 Applications in Week. Impact: This massive unemployment wave led to the creation of countless memes about job hunting, which in turn made it socially acceptable to stay in pajamas all day while 'working from home'βa trend that would peak in 2020.. Fact: At this point, job benefits were basically a game of musical chairsβexcept once the music stopped, everyone just sat down and cried..
- Headline: FUND HAS ITS MAN WITH THE ANSWERS; THE 'ANSWER MAN'. Impact: The rise of the 'Answer Man' paved the way for future advice columnists and social media influencers, leading to a world where unqualified individuals could make a fortune telling people how to live their lives. Thanks, 'Answer Man'!. Fact: The 'Answer Man' was like the Google of the 1950s, but with much worse search results and a much better mustache..
- Headline: NEW CODE TO CUT COSTS; 10% Savings in Building Seen by Head of State Body. Impact: This cost-cutting code led to the rise of DIY home improvement shows, where future generations would take on projects way beyond their skill levels, ultimately resulting in more home improvement disasters than anyone could've imagined.. Fact: Building codes are like rules at a partyβnobody really follows them, but theyβre there to help prevent the complete chaos of a wall collapsing during karaoke..
- Headline: BRITISH HOUSE AVOIDS VOTE ON VANSITT ART. Impact: By avoiding a vote, the British House inadvertently set a precedent for future politicians to dodge accountability, leading to a long line of 'no comments' and 'we'll get back to you' answers in politics.. Fact: The British House of Lords is like a fancy club where everyone wears robes but very few actually get anything doneβkind of like a book club without the books..
- Headline: M'ARTHUR SUGGESTS BAN ON TOKYO REDS; Again Bids Japanese Consider Ruling the Party Illegal-- Cites Link to Moscow Sees No Privilege Issue M'ARTHUR WARNS OF A BAN ON REDS No Pressure Reported U.S. "Control" Is Hit. Impact: MacArthurβs suggestion of a ban on the Communist party sparked a series of political debates that eventually led to the creation of the modern-day political meme culture. Who knew that serious discussions could influence the rise of cat memes?. Fact: MacArthur was so dedicated to his cause he even considered changing his hairstyle to match the red scareβthankfully, he stuck with the general look..
- Headline: Daylight Time in Capital Is Approved by Truman. Impact: Truman's approval of daylight saving time led to a future where everyone pretended to enjoy losing an hour of sleep, which ultimately paved the way for caffeinated beverages to become a staple in American culture.. Fact: Daylight saving time: because who wouldnβt want to mess with their sleep schedule twice a year just to enjoy more sunlightβwhat a bargain!.
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)