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 June 16, 1950
Full News Archive
- Headline: Anti-U.S. Sentiment Grows in Brazil. Impact: The anti-U.S. sentiment in Brazil set off a chain reaction leading to the invention of the 'coffee diplomacy' approach, where politicians tried to negotiate with coffee beans instead of actual people. Spoiler: it didn't work.. Fact: Did you know that coffee is the world's second most traded commodity? The first? Complaining about coffee prices..
- Headline: Hoffman Fights E.R.P. Arms Funding. Impact: Hoffmanβs opposition to using E.R.P. funds for arms led to a gradual shift in U.S. foreign policy, eventually resulting in a world where countries armed themselves with more coffee than with weapons. Because, priorities, right?. Fact: Did you know that the E.R.P. stands for the European Recovery Program? But honestly, it sounds more like a fancy college course on how to avoid spending money..
- Headline: Planes Link Nepal to the World. Impact: Nepal's first plane service linked them to the world, triggering a tourism boom where every traveler suddenly felt like a pioneer. Little did they know, they were just following the path of Instagram influencers.. Fact: Did you know that the word 'plane' can also refer to a flat surface? Much like the flatness of some of the travel blogs that came after this event..
- Headline: JEWISH DRIVE BACKED; Truman Endorses Campaign of Education Observance. Impact: Truman's endorsement of the Jewish educational campaign led to a surge in cultural awareness that inadvertently inspired a new wave of enlightening, albeit awkward, dinner conversations about history and ancestry at family gatherings.. Fact: Did you know that education is often said to be the key to understanding? Which explains why some people still think the Earth is flat..
- Headline: Rail Board Report Proposes Roads Widen 5-Day Week, Increase Pay; Rail Board Report Proposes Roads Widen 5-Day Week, Increase Pay Oct. 1 Date Recommended Major Demand on Wages Other Disputes Pending. Impact: The Rail Board's proposal to widen the 5-day work week and raise pay led to a nationwide trend of workers demanding shorter work hours, leading to the invention of the 'long lunch' culture that we all know and love today.. Fact: Did you know that the 5-day work week was actually a compromise? Just like those awkward family dinners where you pretend to like the food..
- Headline: AIR COACH SERVICE HELD SUCCESSFUL; American and Trans World Report 91 to 96% Capacity on Coast Flights. Impact: American and TWA's successful air coach service made air travel the new 'in' thing, leading to the eventual creation of the world's most annoying travel influencersβwho still think packing light means bringing only 10 pairs of shoes.. Fact: Did you know that air travel used to be a luxury? Now, it's just an overpriced way to sit in a metal tube with 200 strangers breathing the same recycled air..
- Headline: Byrd Foe Loses in Fight for Confirmation; Senate Unit Opposes Hutchinson for F.T.C.. Impact: Byrd's victory against Hutchinson led to a series of political confirmations that were less about merit and more about who could throw the best temper tantrum. This established the foundation for future political debates.. Fact: Did you know that Senate confirmation hearings are like reality TV? Lots of drama, questionable decisions, and only the strongest survive. Only without the roses..
- Headline: DEMOCRATS DECRY 'RED-INK' SPENDING; Agree With G.O.P. Members of Congress Group on Halting Deficits in 'Good Times' Top Priority to Debt Cutting Planned Economy" Held Aim. Impact: The Democrats' outcry over 'red-ink' spending initiated a long-standing tradition of finger-pointing and blame-shifting in politics, ultimately leading to the creation of the phrase 'It's not my fault!' as a staple response in Congress.. Fact: Did you know that 'red ink' refers to losses in accounting? Which is ironic, considering how often politicians seem to be in the red but still manage to throw lavish parties..
- Headline: ATTLEE IS SILENT UNDER CRITICS' FIRE; Bars Answer to Opposition's Questions on Whether Party or the Government Rules ATTLEE MAINTAINS SILENCE TO CRITICS Disharmony in Party. Impact: Attlee's silence under fire became a classic example of the 'speak softly and carry a big stick' approach, leading to a new political strategy known as 'The Silent Treatment'βa tactic later perfected by teenagers everywhere.. Fact: Did you know that silence can be golden? Unless you're trying to win a debate; then it just makes you look guilty..
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)