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 24, 1950
Full News Archive
- Headline: Tragic War Flier Incident in Upstate NY. Impact: When this flier met their untimely end, it inadvertently sparked a national debate on aviation safety. This led to the eventual creation of the 'Daredevil's Insurance Policy'βa policy that ironically made flying even riskier for thrill-seekers.. Fact: Did you know that the average pilot has a better chance of winning the lottery than surviving a career as a war flier? Just kiddingβit's actually worse..
- Headline: U.N. Initiates Blood Testing for Safety. Impact: This event set in motion the U.N.'s obsession with being prepared for everything, including alien invasions. Now, they have a whole department dedicated to blood types for extraterrestrial diplomacy.. Fact: Fun fact: the U.N. is still waiting for that alien ambassador to show up. Maybe they just donβt like our blood type..
- Headline: New Packard Car Models Unveiled. Impact: The introduction of these new models caused a frenzy among car enthusiasts, leading to a bizarre chain reaction where people began trading their firstborns for a chance to own one. This inspired the classic saying, 'A car is worth a thousand kids.'. Fact: Did you know that Packard cars were once so luxurious that they reportedly came with a personal butler? Too bad they didn't come with a time machine to fix all the bad choices made in the 50s..
- Headline: LODGE IS APPOINTED FOR U.N. ASSEMBLY; Truman Names Sparkman of Alabama Also to Serve U.S. of Coming Session. Impact: This appointment led to a chain of events where U.S. representatives became increasingly adept at dodging questions, eventually culminating in the art of 'politician speak' that we know and love today.. Fact: Did you know that Trumanβs middle name was 'S' for 'Skimming through political issues like a pro'? Just kidding, it's 'Samuel.'.
- Headline: THURSTON TO RETIRE; Ambassador to Mexico Is Awaiting O'Dwyer's Arrival. Impact: Thurston's retirement set off a series of diplomatic faux pas that made international relations as awkward as a family reunion. Mexico thought the U.S. was breaking up with them!. Fact: Did you know that retiring ambassadors are like old smartphones? They just can't keep up with the new models coming in!.
- Headline: ATTLEE BIDS PARTY BACK REARMAMENT; Asks Support of All Groups in 3-Year Plan--Top T.U.C. Body Backs U.N. in Korea. Impact: Attlee's call for rearmament led to a newfound passion for fashion in military uniforms, resulting in a bizarre trend where soldiers began to strut down runways instead of battlefields.. Fact: Fun fact: the only thing more inflated than military budgets during rearmament is the egos of the designers behind those uniforms..
- Headline: 'SUBVERSIVES' FACE CALL IN THE DRAFT; Volunteers Not Accepted, but Selectees Are, if They Belong to Groups Banned by U.S.. Impact: This policy led to the creation of an underground network of 'subversives' who traded tips on how to avoid becoming draft fodder, ultimately leading to the rise of hipster anti-establishment movements in the 60s.. Fact: Did you know that being categorized as a 'subversive' was basically the 1950s equivalent of being called a 'hipster'? Both groups just wanted to avoid mainstream conformity..
- Headline: Churchill's Son Wounded By Mortar Shell in Korea. Impact: Winston Churchill's son being wounded shifted public perception about the 'glory of war' and led to a series of anti-war movements that, ironically, inspired peace songs decades later.. Fact: The irony of a war leaderβs son getting hurt in battle was not lost on many, as it served as a reminder that war doesn't discriminateβeven for famous surnames..
- Headline: MORE MARINES CALLED UP; Pennsylvania, Ohio, Jersey and Delaware Units Summoned. Impact: The call-up of these Marines led to a sudden spike in 'support the troops' bumper stickers, which inadvertently created a whole new economy in the sticky vinyl market.. Fact: Did you know that bumper stickers have a better survival rate than some of the troops they support? Just saying, they really stick around for the long haul!.
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)