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 August 7, 1950
Full News Archive
- Headline: End of the Rubber Plant Strike. Impact: The end of the Rubber Plant Strike led to a sudden surge in rubber products, enabling the invention of the bouncy ball, which would eventually distract countless children during boring classes and lead to the invention of 'Rubber Ball Diplomacy'.. Fact: Did you know that without this strike resolution, kids might still be bouncing around with nothing but rocks? Talk about a missed opportunity for innovation!.
- Headline: Israel Faces Shopkeepers' Strike Over Rations. Impact: The shopkeepers' strike and rationing debates led to a nationwide panic over textile supplies, eventually causing the Great Sweater Shortage of '57. People were left in the coldβliterally.. Fact: Fun fact: the last time the government assured essential supplies, they were just talking about toilet paper. Spoiler alert: it didnβt end well..
- Headline: Clergymen Assail Reds. Impact: The clergymen's assault on communism marked the beginning of the 'Holy War on Red' movement, which would later inspire a series of really bad action movies featuring priests as secret agents.. Fact: Did you know that some of these clergymen later became the inspiration for that one guy at every family gathering who just canβt let go of the 'good old days'?.
- Headline: How Members From This Area Voted in Congress During Week. Impact: The voting habits of local Congress members set the stage for political memes that would haunt future generations, leading to an increase in sarcasm levels across the nation.. Fact: Did you know that Congress voting records are like the high school report cards nobody wants to look at? Just less thrilling..
- Headline: Civil Defense Plan for City Sets Duties for All Agencies; WALLANDER ISSUES CITY DEFENSE PLAN Police Emergency Duties. Impact: The Civil Defense Plan initiated an era of over-preparedness that led to the rise of bomb shelters, which later became trendy underground party venues for the adventurous.. Fact: Did you know that some bomb shelters were later converted into wine cellars? Talk about finding the silver lining!.
- Headline: N.Y.U. Medical Teacher Retires. Impact: Dr. Dannreuther's retirement paved the way for a new generation of medical teachers, who would eventually redefine the term 'medical school' to mean 'endless exams and sleepless nights.'. Fact: Fun fact: Medical teachers are the only people who can make a room full of students voluntarily agree to perform surgery on a mannequin..
- Headline: LIE ISSUES REPORT; He Asks East-West Talks to Bar World War After U.N. Victory in Korea URGES A 'BOLD' ATTEMPT His Accounting of Past Year Says Present Crisis May Bring Lasting Peace Only Words of Hope No Progress on Treaties LIE ISSUES REPORT TO U.N. ASSEMBLY. Impact: Lie's call for East-West talks after the Korean War planted the seeds of diplomatic discussions that would later inspire the famous phrase, 'Can't we all just get along?' which is still mocked today.. Fact: Did you know that after this report, the phrase 'bold attempt' became the official term for any endeavor that was doomed from the start? Good luck with that!.
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)