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 28, 1950
Full News Archive
- Headline: Floating Derrick Arrival After 43 Days. Impact: This floating derrick's arrival led to an unprecedented boom in offshore drilling, causing an oil rush that started a chain reaction leading to environmental disasters, conspiracy theories about 'black gold,' and an entire generation convinced they could find oil in their backyards.. Fact: 43 days? Thatβs about the same time it takes for a pizza to be delivered in a sci-fi movieβat least one of them got there without being cold!.
- Headline: Record Transfer for Trevor Ford. Impact: This record transfer pushed soccer prices to astronomical levels, eventually leading to players demanding salaries that could fund small countries, and the rise of the term 'footballer millionaire' becoming a household phrase.. Fact: For $84,000 in 1950, you could buy a decent house, or one Trevor Fordβguess they chose wisely!.
- Headline: Jersey City Law Ignored by Reds. Impact: This charming little rebellion against bureaucracy set a precedent for future generations to ignore countless laws, ultimately leading to the rise of reality TV where people ignore the rules for entertainment.. Fact: Jersey Cityβs motto might as well be 'We Make Laws for Fun,' because apparently following them is just too mainstream..
- Headline: FOE REORGANIZES; South Koreans Rescue Regiment Surrounded Below Yalu River BRITISH IN HEAVY FIGHT Reds Use Tanks Near Kasan --8th Army Scouts Report of Chinese Force in Battle Battle in Unsan-Onjong Area Communists Infiltrate KOREAN REDS FIGHT SOUTH OF BORDER Enemy Fortifies Hills. Impact: This intense military maneuvering during the Korean War would ultimately reshape international relations in East Asia, leading to decades of tension, alliances, and the enduring question: 'Who really wants to be friends with North Korea?'. Fact: The Yalu River is not just a river; it's a historical hotspot for military strategy and misadventures. Drinking a cup of tea by it might make you reconsider your life choices!.
- Headline: INCREASE GRANTED TO TANKER CREWS; 35 Oil Carriers Extend Dry Cargo Benefits--1951 Wage Reviews Eliminated. Impact: This wage increase set off a chain reaction in labor movements, leading to more demands for fair wages across industries, which eventually led to the rise of labor unions, protests, and the delightful spectacle of corporate eye-rolling.. Fact: Who knew that a few tanker crews getting a raise could kick off such a fuss? Next time, maybe they should just ask for extra donuts instead!.
- Headline: U.S. SHIPS CHEMICAL TO CHINESE REDS; Petrolatum Cargo Is Cleared in Philadelphia After Government Tests. Impact: This controversial shipment raised eyebrows and suspicions, leading to a series of diplomatic tensions that would inspire countless spy novels and a few too many bad movies about undercover agents.. Fact: Petrolatum sounds fancy, but itβs just a posh name for Vaselineβimagine the diplomatic meetings filled with awkward small talk about moisturizers!.
- Headline: CANCER CURE SEEN JOB FOR ONE PERSON; Organized Research Good but Solitary Scientist Will Find Answer, Says Dr. Little. Impact: Dr. Little's assertion about the solo scientist sparked a debate that continues today, influencing how we perceive the role of individual genius versus collaborative effort in scientific breakthroughs, which may have also inspired countless underdog movies.. Fact: If only Dr. Little had known he was setting the stage for every 'lone genius' film trope everβnext time, he should consider co-authoring with a committee!.
- Headline: DR.D. FELBERBAUM, SPECIALIST, IS DEAD; Physician Here for 34 Years Expert in Heart Ailments-- Served at 2 Hospitals. Impact: Dr. Felberbaumβs passing leaves a gap in the medical community that echoes through time, reminding us of the fragility of health care and the legacies of those who dedicate their lives to healing.. Fact: After 34 years treating hearts, I hope he at least got a couple of thank-you cardsβbecause nothing says 'great job' quite like a paper greeting!.
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)