Breakthroughs and everyday innovations from the year.
HEADLINES ON November 22, 1950
Full News Archive
- Headline: Brazil Deputies Challenge Vargas Authority. Impact: If only the Anti-Vargas group had succeeded, Brazil might have been a nation of coffee enthusiasts debating the merits of democracy over espresso instead of enduring decades of political turmoil. Imagine a world where politicians just sat around discussing cappuccino froth instead of corruption!. Fact: This petition was just the warm-up act for Brazil's political drama—a series that would make even the most dedicated soap opera fan question their life choices..
- Headline: Boy Featured on Polio Awareness Campaign. Impact: Selecting a poster boy for polio awareness? Little did they know, this campaign would eventually lead to the global push for vaccinations. Who knew a 12-year-old could wield so much influence over the fate of future generations? Talk about a superhero origin story!. Fact: In a twist of fate, this boy’s picture went on to inspire countless vaccination campaigns, proving that even the most tragic stories can lead to heroic outcomes, unlike most reality TV shows..
- Headline: Mexico's Phone System Seizure in 1950. Impact: When Mexico seized the phone system, it set off a chain reaction that would lead to generations of people complaining about their phone service—as if they'd been able to complain before! Thanks, government, for making sure we always have someone to blame.. Fact: This event marks the beginning of a trend where governments thought they could manage phone systems better than the companies that actually did. Spoiler alert: they couldn’t..
- Headline: BOUDREAU WEIGHS OFFERS BY 4 CLUBS; Senators, Pirates, White Sox, Yanks Interested--Giants List 14 Night Contests. Impact: Boudreau's decision to weigh offers from multiple clubs set the precedent for athletes to leverage their worth, leading to the modern-day circus that is professional sports contracts. Just imagine if he had chosen to be a doctor instead—worlds of healing lost for the sake of a baseball diamond.. Fact: If only Boudreau knew that his indecision would inspire generations of athletes to hold out for multi-million dollar contracts—he might have just taken a nap instead..
- Headline: BUCK WALSH DIES; NAVY CREW COACH; Commander Tutored Squads at Academy for 20 Years--Won 3 Poughkeepsie Regattas.. Impact: Buck Walsh's legacy as a Navy crew coach likely inspired countless future athletes to join the armed forces—proving that sports can indeed build character and a sense of duty, whether one likes it or not.. Fact: Winning three Poughkeepsie Regattas is no small feat, but let’s be real: if you didn’t win in Poughkeepsie, did you even really win?.
- Headline: SENATE CRIME UNIT CHARGES PERJURY; 'Business Man' Will Be Cited Also for Contempt--Called 'Sinister' on Coast. Impact: The Senate's charges of perjury against Kessel set the stage for a long tradition of political drama. If only they had known that this was just the beginning of a love affair between politicians and scandal that would last centuries.. Fact: Calling someone 'sinister' in a Senate hearing is basically the political equivalent of throwing shade. Who knew they were so good at passive-aggressive insults back then?.
- Headline: ADVANCE IN COTTON APPEASES SOUTH; Demands for an Investigation of Curb on Export of Staple Are Eased in Congress. Impact: The easing of demands for an investigation into cotton export curbs served as a reminder that Congress has always been more about appeasement than action. This set a precedent for years of passivity in the face of pressing issues. Bravo!. Fact: Cotton may have been a staple, but Congress's ability to investigate anything of importance was clearly not one of their strong suits—perhaps they should have stuck to curtains and quilts instead..
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)