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 July 19, 1950
Full News Archive
- Headline: Auto Dealers Request Vehicle Inspections. Impact: The auto dealers' inspections led to the creation of an underground black market for 'approved' car inspections. People started trading forged inspection stickers like they were PokΓ©mon cards, leading to a bizarre car culture where the worst cars became the most sought after. Who knew 'vintage' could mean 'expired inspection'?. Fact: Did you know that car inspections were originally meant to ensure safety? But now they just ensure that you have a good mechanic and a thick wallet!.
- Headline: Japan Expands Global Presence in 1950. Impact: Japan's plan for new agencies abroad sparked a global trend of countries trying to outdo each other in diplomatic plushnessβturning embassies into five-star resorts. Now, diplomats are more likely to be found lounging by a pool than negotiating treaties.. Fact: Fun fact: The first Japanese embassy was just a guy with a really long scroll. Now they need entire buildings just to hold all the fancy tea sets!.
- Headline: Dr. John T. Kempton's Milestone Event. Impact: Dr. John T. Kempton's name appeared in headlines and, unbeknownst to him, set off a chain reaction where every future doctor felt the need to have a title that sounded more impressive than it actually was. Hence, the rise of Dr. Phil.. Fact: Did you know that in some circles, being a doctor is less about healing and more about just having a really fancy business card?.
- Headline: LUTHER HENRY TUCKER. Impact: Luther Henry Tucker's name faded into obscurity, but his legacy lives on in every poorly attended high school reunion where people pretend to remember him. His life became the archetype of 'that one guy who could have been something.'. Fact: Did you know that most people at reunions are just trying to remember what they did with their lives? Spoiler alert: they still have no idea!.
- Headline: SCHENECT ADY STRIKE ON BUSES HITS 130,000. Impact: The Schenectady bus strike led to mass chaos, causing people to discover alternative forms of transportationβlike walking. The local fitness industry thrived, and suddenly everyone became a marathon runner, despite hating exercise before.. Fact: Did you know that when people strike, they often walk more than they ever did while working? Nothing like a protest to get your steps in!.
- Headline: HAEBLERS ARE DIVORCED; Former Suzanne Curry of New York Wins Reno Decree. Impact: The Haeblersβ divorce ushered in an era of reality TV where every couple's dirty laundry became fair game for entertainment. If only they had known their breakup would lead to the Kardashians.. Fact: Fun fact: Divorce rates skyrocketed after the invention of the reality show. Coincidence? Or was it just a clever marketing strategy?.
- Headline: EXECUTIVE CHANGES. Impact: W. J. Niles being elected president led to a series of unfortunate corporate decisions that resulted in the phrase 'executive changes' becoming corporate jargon for 'we have no idea what we're doing.'. Fact: Did you know that corporate elections often resemble high school elections? Lots of promises, but no one really knows what anyone is actually voting for!.
- Headline: RECORD BEET SUGAR CROP; Association Head Predicts Yield of 1,800,000 Tons for 1950. Impact: The record beet sugar crop triggered a sugary arms race, leading to a world where everyone tried outdoing each other in sweetnessβresulting in the birth of candy diplomacy. Who knew candy could be a tool for peace?. Fact: Did you know that beet sugar is like the black sheep of the sugar family? Itβs just as sweet but gets no love during dessert time!.
- Headline: STEP TO CONTROLS; $1,250,000,000 Voted to Insure Mortgages Is Cut in Two MATERIALS NEEDED President Cites Korea-- Congress and Nation Get His Plans Today Cabinet's Satisfaction Voiced PRESIDENT CURBS HOUSING CREDITS Details Expected in Bills Seven Measures Specified. Impact: Truman's housing credit cuts led to a housing crisis that made people question if they were living in a home or in a glorified cardboard box. This was the moment when 'minimalism' became the trendy buzzword for 'broke.'. Fact: Did you know that cutting housing credits is just another way of saying, 'Good luck finding an apartment that doesnβt require a second mortgage!'?.
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)