Breakthroughs and everyday innovations from the year.
HEADLINES ON November 5, 1950
Full News Archive
- Headline: Korea War Criticism Sparks Controversy. Impact: The president's blunders ignited a series of miscommunications that spiraled into a full-blown reality TV show concept, where political leaders face off in a 'Survivor: Diplomacy Edition.'. Fact: Fun fact: Blunders in politics usually lead to more blunders, which is why we have a reality show called 'Congressional Circus'βit's cheaper than therapy!.
- Headline: Rise of Business Men as Educators. Impact: The rise of business men as teachers led to a strange educational trend where students learned how to negotiate their allowances, giving rise to a generation of master negotiators who can barter for anythingβexcept their grades.. Fact: Did you know that Dr. Love's rise to prominence in education also coincided with the rise of the phrase 'just wing it'? Coincidence? I think not..
- Headline: Boxer Dies After Knockout. Impact: The untimely demise of the boxer triggered a series of serious safety regulations in sports, leading to helmets that look like they were designed by a toddler with a crayon. Now, every athlete looks like they're ready for a trip to the moon.. Fact: Boxing used to be a noble sport until they figured out that people would pay to watch two humans beat each other senseless. Thanks, capitalism!.
- Headline: Dutch Say U.S. Undersells. Impact: Allegations of U.S. underselling caused a rift that led to the creation of international trade agreements that nobody reads but everyone signs. This has resulted in the widespread use of the phrase, 'I didn't read the fine print.'. Fact: Fun fact: The Dutch have been complaining about pricing since the 1600sβsome things never change, including their love for tulips and strong coffee!.
- Headline: Criminals at Large; Office Intrigue. Impact: The rise of criminals at large and office intrigue sparked a wave of workplace detective novels, which led to the modern obsession with corporate espionage thrillers. Now, everyone thinks they can solve a mystery during their lunch break.. Fact: Did you know that the only thing more dramatic than office intrigue is the coffee machine running out during a staff meeting? Now that's a crime!.
- Headline: CAMPAIGN SPENDING AT PEAK FOR AN OFF-YEAR ELECTION; Funds Raised by Parties' National Offices Are Only a Fraction of What Is Being Spent. Impact: Peak campaign spending during an off-year election inspired a new trend in political fundraising where candidates began hosting bake sales and car washesβbecause who doesn't love a good cookie with their vote?. Fact: Fun fact: Political campaigns are basically just glorified bake sales, minus the delicious cookies and with a lot more yelling..
- Headline: NEWS AND NOTES FROM THE FIELD OF TRAVEL; Cases Being Prepared. Impact: The preparation for travel cases led to an unforeseen increase in airport security measures, which eventually resulted in the invention of the TSAβsaving us from the perils of carrying too much lotion.. Fact: Did you know that every time someone orders a DC-6BS, an airport security officer's heart skips a beat? It's a heavy burden to bear!.
- Headline: BETTER USE URGED OF MARKET FACTS; E.R. Smith Holds It Can Point Way to Better Living and Rearmament Success. Impact: E.R. Smith's call for better use of market facts led businesses to obsessively analyze data, igniting a career boom for data analysts and a never-ending debate about whether to use Excel or Google Sheets.. Fact: Fun fact: The only thing more exciting than market data is watching paint dry. But hey, at least you can color-code your spreadsheets!.
- Headline: GUARD FOR PRESIDENT IS BEING MADE TIGHTER; Elaborate System for His Protection Followed in Capital and on Tour. Impact: Increased security for the president inadvertently inspired a new trend in celebrity culture where stars began hiring bodyguards, leading to the rise of 'celebrity protection' as a lucrative side hustle.. Fact: Did you know that the president's security detail is basically just a really expensive game of 'keep away'? Spoiler: The president always wins..
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)