Breakthroughs and everyday innovations from the year.
HEADLINES ON May 23, 1950
Full News Archive
- Headline: Perfume Import Regulations for Tourists. Impact: Due to the new perfume regulations, tourists began to develop a keen sense of smell, leading to an epidemic of overly critical reviews of local cuisine. This caused chefs to revolutionize their dishes, resulting in the invention of fusion cuisine that would eventually lead to the rise of food bloggers and influencers. The butterfly flapped its wings, and suddenly everyone is filming their avocado toast.. Fact: Did you know that perfume was once considered a luxury item so rare that it was frequently used as currency? Imagine trading a bottle of Chanel No. 5 for a loaf of bread. How the times have changed!.
- Headline: U.S. Educators Praise E.R.P. Investment. Impact: The 'superlative investment' in education sparked an arms race of educational jargon, leading to a world where every meeting included at least ten acronyms and buzzwords. As a result, productivity plummeted while the sales of coffee and donuts skyrocketed. Thank you, education!. Fact: E.R.P. might sound like a cool tech gadget, but it actually stands for 'Educational Resource Planning.' Sounds thrilling, right? Next time someone mentions it, feel free to yawn dramatically..
- Headline: SS Santa Cristina's Fiery Fate. Impact: The fiery demise of the SS Santa Cristina led to a shortage of bananas, causing a global panic that resulted in the first-ever Banana Black Market. This underground economy eventually spurred a rise in banana-themed fashion, paving the way for the infamous 'banana republic' trend in the 1980s. Fashion is a slippery slope, folks.. Fact: Bananas are technically berries, and this tragic incident involved the loss of not just a ship but also an entire shipment of berry-berries. Sometimes, you just can't peel away the irony..
- Headline: Borden Buys Lily Ice Cream Co. Impact: Borden's acquisition of Lily Ice Cream Co caused an ice cream war that led to the invention of flavors like 'Bacon Maple Explosion' and 'Spicy Avocado Delight.' Surprisingly, these flavors didn't catch on, but the war did spark a nationwide debate on whether pineapple belongs on pizza. Spoiler: it does!. Fact: Borden's mascot, Elsie the Cow, was more popular than most politicians of her time. Perhaps we should consider running her for officeβshe'd definitely have a 'moo-ving' campaign!.
- Headline: 'Gold' Cry in Northwest Starts Prospector Rush. Impact: The mad dash for gold near Olympia not only fueled a rush of prospectors but also kickstarted a boom in terrible 'gold rush' movies, leading to a generation of bad actors and even worse hairstyles. This frenzy eventually resulted in the invention of reality TV as we know it, because who doesn't love watching people dig holes for questionable rewards?. Fact: The phrase 'There's gold in them thar hills!' was actually coined by a prospector who lost a bet to a chicken. The chicken was later awarded a medal for bravery in the face of poor decision-making..
- Headline: GRAND JURY HEARS ERICKSON'S 'FRONT'; GAMBLING WITNESS. Impact: The investigation into Erickson's gambling activities ignited a series of high-profile trials that led to the establishment of the phrase 'being in the wrong place at the wrong time' as a legal defense. Lawyers everywhere rejoiced, and the phrase became more popular than everβright alongside 'I plead the fifth.'. Fact: Gambling laws have changed so much since then, yet somehow, people still think they can win at bingo. Spoiler: they can't!.
- Headline: GOLDMAN ASKS U.S. AID IN ARMING OF ISRAEL. Impact: Goldman's request for U.S. aid in arming Israel set off a chain reaction that would lead to decades of international debates, diplomatic faux pas, and an endless supply of awkward political dinners where everyone pretended to enjoy tofu. The butterfly flaps, and suddenly, everyone's trying to solve the intricate puzzle of Middle Eastern politics.. Fact: Diplomacy is often compared to a game of chess, but letβs be honestβitβs more like a game of Twister where everyoneβs trying not to fall over while balancing on one leg..
- Headline: LABOR WINS AGAIN IN COMMONS TEST; Opposition Housing Challenge Is Defeated by 6 Votes-- Bevan Taunts Churchill. Impact: Labor's victory over the opposition not only solidified their power but also created a rift so deep it inspired the future of political memes and snarky commentary. This led to a generation of politicians who were more concerned about their Twitter presence than actual governance. Who knew a vote could be so meme-worthy?. Fact: Political taunting is an ancient tradition; in fact, it dates back to the Roman Senate, where senators would throw grapes at each other instead of insults. Some things never change!.
- Headline: DUTCH ASSIGN CRASH ONUS; Air Inquiry Unit Puts on Pilot Some Blame for 1949 Tragedy. Impact: The inquiry into the pilot's mistakes in the 1949 crash not only led to stricter aviation regulations but also inspired a generation of pilots to develop their own set of excuses for future mishaps. The classic 'the dog ate my flight plan' was born, leading to a new chapter in aviation history.. Fact: Aviation safety has come a long way since 1949. Nowadays, pilots are required to have more training than a barista at a hipster coffee shop. And trust us, that's a lot of training!.
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)