Breakthroughs and everyday innovations from the year.
HEADLINES ON October 11, 1950
Full News Archive
- Headline: Less Modest Authors in 1950. Impact: After this headline, authors everywhere took it as a cue to be more obnoxious in their literary aspirations. The rise of overly self-important authors led to the invention of the 'Author's Corner' at coffee shops, where readers were subjected to unsolicited readings of pretentious poetry.. Fact: The Great Escape was actually a reference to how readers escaped from reality by reading books. Ironically, now they have to escape from authors at local cafes..
- Headline: U.N. Tackles Korean Governance Challenges. Impact: Australia's proposal to limit the powers of South Korea kickstarted a series of negotiations that eventually led to a global obsession with geopolitical boundaries, which are still being debated todayβespecially at family gatherings during holiday dinners.. Fact: The U.N. has held so many meetings on Korea that if you stacked all the minutes together, you could build a small wall. Perhaps we should just call it the Great Wall of Bureaucracy..
- Headline: Allied Advances in Korean War Intensify. Impact: The Republican units' advances created a domino effect, leading to a series of military strategies that would later inspire video gamesβwhere the only thing more unrealistic than the combat is how easily players can respawn.. Fact: The First Cavalry Troops were actually just trying to find a good coffee shop and accidentally ended up in a war zone. Talk about a wrong turn!.
- Headline: Sawyer Arrives in Cuba. Impact: Sawyer's arrival in Cuba marked the beginning of a trend where politicians would try to outdo each other by visiting exotic locations, inadvertently creating a lot of awkward photo ops and international relations faux pas.. Fact: Sawyerβs arrival was less about diplomacy and more about securing the best beach spot. Turns out, politics and vacation planning go hand in hand..
- Headline: SOLUTION IS SEEN FOR REST OF D.P.'S; I.R.O. Chief Says Chances Are Good for Resettlement of 250,000 Refugees. Impact: The I.R.O. Chief's optimistic outlook on refugee resettlement sparked a series of humanitarian efforts that would later be overshadowed by endless debates on immigration policyβbecause nothing says compassion like a bureaucratic backlog.. Fact: Kingsleyβs announcement was actually the first time 'good chances' were used in a sentence about refugees, which is ironic considering the odds of finding a parking spot in a city..
- Headline: Premier of North Tells Army To Fight to End Against U.N.; Kim, in Defying MacArthur's Ultimatum, Warns Communists of 'Grave Crisis,' but Promises People 'Final Victory'. Impact: Kim Il Sung's defiance of MacArthur's ultimatum created a legendary rivalry that would echo through history, leading to decades of tension, misunderstandings, and a whole lot of awkward family reunions in North Korea.. Fact: Kim promised 'final victory' while also starting a trend in political speeches that often resulted in more confusion than clarity. Apparently, 'victory' in political terms doesn't always mean what you think it does..
- Headline: SOVIET CONTINUES STRESS ON PEACE; Collaboration With U.S. and Capitalist World Is Main Theme in the Press. Impact: The Soviet Union's focus on peace and collaboration with the West sparked countless conspiracy theories, leading to a bizarre subculture of peace activists who ended up creating the world's most awkward group hugs.. Fact: The Soviet press loved to stress peace so much that they probably had a secret competition to see who could use the word 'peace' the most in one article. Spoiler alert: they won..
- Headline: CUBANS MARK FREEDOM; Nation Celebrates Anniversary of First War With Spain. Impact: Cuba's commemoration of its first war of independence laid the groundwork for a nationwide obsession with anniversaries, leading to a massive increase in cake consumption during national holidays. Who knew history could be so delicious?. Fact: Cubans celebrating freedom not only marked a war but also accidentally invented the idea of freedom cakes, which are just regular cakes but with a lot more frosting and a side of patriotism!.
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)