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 October 3, 1950
Full News Archive
- Headline: California Names New Civil Defense Chief. Impact: The appointment of Maj Gen W M Robinson to oversee California's civil defense led to an unexpected surge in 'duck and cover' drills across schools, inadvertently boosting the popularity of hide-and-seek among children nationwide.. Fact: Fun fact: 'Civil Defense Chief' is just a fancy way of saying 'Person Who Gets to Worry About Things No One Else Wants to Think About.'.
- Headline: White Plains Shopping Center Proposal Discussion. Impact: The debate over shopping centers in White Plains set off a chain reaction of consumerism that ultimately led to the invention of online shoppingβa true testament to human procrastination.. Fact: In an ironic twist, the merchants who feared losing business to new shopping areas are now losing business to people shopping in their pajamas. Thanks, internet!.
- Headline: 5 Dead in Colombian Ship Blast. Impact: The tragic ship blast not only caused immediate heartache but also influenced the Colombian government to improve safety regulations at sea, which, ironically, led to an increase in maritime tourism decades later.. Fact: The SS Opon incident stands as a reminder that sometimes, even the ocean can be a dangerous place, and not just for those who can't swim..
- Headline: Strikers Increase in Finland. Impact: The rise in strikers in Finland led to a national obsession with saunas, as workers sought refuge from the chaos. Today, every Finnish sauna has a 'no politics' rule, which is a miracle of modern diplomacy.. Fact: Fun fact: The Finnish word for 'strike' translates roughly to 'not today, work!'.
- Headline: VISHINSKY MOVES; Wants Red China and Russia on Body to Observe Balloting U.S. AND BRITAIN OBJECT Proposal Calls for Assemblies of North and South to Set Up Joint Temporary Rule. Impact: Vishinsky's proposal not only stirred international tensions but also inspired a game of diplomatic chess that continues to this day, where every move is countered by a new round of sanctions.. Fact: Did you know that the U.S. and Britain objected not just to the proposal but also to the idea of sharing snacks during meetings? It was a real diplomatic crisis..
- Headline: BUSINESS SATISFIED AS U.S. ORDER SETS DEFENSE PRIORITY; Industry Can Take in Stride Edict Assigning First Call on Production, Leaders Say RULE IS EFFECTIVE TODAY It Directs All Plants to Fill Any Military Requirements Ahead of Civilian Needs. Impact: The defense priority order not only shifted production strategies but also laid the groundwork for the 'everything is a defense contract' mentality that still plagues bureaucracy today.. Fact: Fun fact: The new symbol for defense orders, 'DO,' is also what you say when you realize you just ordered 500,000 too many office chairs for a military base!.
- Headline: U.S. ACES SHATTER 3 MARKS IN ISRAEL; Korik Annexes Decathlon Lead With Record Pole Vault and Then Goes On to Triumph. Impact: The record-breaking performances in Israel inspired a new generation of athletes who thought, 'If they can do it, we can too,' leading to a global obsession with breaking recordsβthank you, social media!. Fact: Did you know that the Maccabiah Games are often called the 'Jewish Olympics'? But don't worry, they still haven't found a way to include competitive bagel eating..
- Headline: Consumer Credit Rose to Record Of $20,979,000,000 in August; CONSUMER CREDIT AT RECORD LEVEL. Impact: The spike in consumer credit paved the way for the modern era of debt, where spending more than you earn became a national sport, and financial advisors became the new reality TV stars.. Fact: Just think, $20.979 billion in consumer creditβproof that the phrase 'buy now, pay later' was a dream come true for those with questionable financial literacy!.
- Headline: Bikini Atom Tests Yield 79 New Types of Fish. Impact: The Bikini atom tests not only created new fish species but also prompted the world's marine biologists to reconsider their career choices. Who would have thought nuclear testing would lead to a fishy new menu?. Fact: The 79 new types of fish discovered are still trying to find their place in the food chain. Talk about a tough upbringing!.
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)