Breakthroughs and everyday innovations from the year.
HEADLINES ON December 22, 1950
Full News Archive
- Headline: Leahy Becomes U.S. Judge in 1950. Impact: In a twist of fate, Leahy's judicial career led to the eventual rise of the 'Leahy Amendment,' which somehow made political debates more confusing than ever, all because he once ruled on a case involving a missing sandwich.. Fact: Leahy later became known for his love of comic books. Maybe he thought life as a judge was too boring without superheroes?.
- Headline: University Enrollment Reaches New Heights. Impact: As student numbers grew, so did the coffee consumption and the invention of the 'all-nighter' study method, which eventually led to the creation of the world's most caffeinated energy drink. You're welcome, college students.. Fact: With 27,253 students, thatβs basically a small city! Too bad no one ever told them that college is just a better version of high school with more debt..
- Headline: Convict-Composer's Pardon in Tennessee. Impact: This pardon sparked a cultural renaissance where prisoners began composing symphonies, leading to the first-ever 'Prisonerβs Symphony Orchestra.' And yes, they played all of Beethoven's greatest hits... with a twist.. Fact: F. Grandstaffβs music was said to be so moving that it could make you reconsider your life choicesβlike, say, not becoming a convict-composer?.
- Headline: John Steinbeck to Wed Sunday. Impact: Steinbeckβs marriage is believed to have inspired countless novels about love, loss, and the complexities of marital lifeβnone of which helped him avoid writing about the Great Depression.. Fact: Letβs hope this marriage is more successful than his last one. He might have just written the next 'Grapes of Wrath' about it!.
- Headline: German Spy Is Released. Impact: The release of this spy added fuel to the ever-expanding fire of Cold War paranoia, leading to a new genre of spy novels that would fill bookstores for decadesβbecause nothing says 'trust' like a good olβ espionage tale.. Fact: Isn't it ironic that while she was spying, she probably could have just asked for a passport? But then again, who needs logic when espionage is involved?.
- Headline: Thruway Chairman Defends Plan To Span Hudson at Widest Point; TALLAMY DEFENDS TAPPAN ZEE ROUTE. Impact: The debate over this route marked the beginning of America's obsession with 'shortcuts'βleading to the invention of Google Maps, which still canβt seem to avoid sending you through the longest detours imaginable.. Fact: It's amazing how many maps were drawn before GPS. At least now you can argue with a computer instead of a paper map that canβt hear you!.
- Headline: 5% RATE RISE ASKED; Canadian Railways Act to Meet New Wage-Hour Settlement. Impact: This request for a rate rise led to a long-term trend of train fares increasing faster than inflation, giving every commuter a reason to reconsider their life choicesβlike walking to work.. Fact: 5%? In todayβs world, thatβs just a 'thank you for riding' fee. Welcome to the age of inflation, where even trains are more expensive than therapy!.
- Headline: CURBING CONGRESS ON SLANDER URGED; Senator Hunt Calls for End of Immunity, or Opening Way for Accused to Sue U.S. Kefauver Supports Hunt. Impact: This call for accountability in Congress led to a new era of political memes, where slanderous quotes became the fuel for late-night comedy showsβwho knew the real comedy gold would come from politicians?. Fact: Imagine if politicians had to face consequences for their words. How would they ever survive the Twitter age?.
- Headline: Deanna Durbin Marries. Impact: Durbin's marriage sparked a wave of celebrity weddings, leading to the rise of glamorous wedding magazines and reality showsβbecause nothing sells dreams like watching someone elseβs wedding unfold on screen.. Fact: Her marriage was more talked about than her film career! Talk about prioritiesβdid they even have cake at the wedding?.
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)