Breakthroughs and everyday innovations from the year.
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The biggest hits of the year β Top 10 Pop & Country chart toppers
HEADLINES ON August 11, 1951
Full News Archive
- Headline: Fraudulent Cortisone Sale Exposed. Impact: This fraudulent cortisone caper led to increased scrutiny of drug sales, paving the way for the creation of anti-fraud task forces. Had these three just sold organic kale instead, we might have avoided an entire generation of health fads.. Fact: Did you know that 'cortisone' was once the drug everyone wanted, but now it's mostly just the punchline to quack remedies? Ah, progress!.
- Headline: South Amboy Blast Damage Lawsuits Begin. Impact: This legal showdown over blast damages set a precedent that ultimately led to the creation of 'explosive liability' insurance. Because nothing says 'trust' like a policy that covers your mistakes in blowing things up.. Fact: Did you know that lawsuits over explosions are the original form of 'fireworks' in the legal world? They sure know how to light up a courtroom!.
- Headline: NEW ARTHRITIS AID SEEN; Tests With Drug KC-49 Called Promising, but Inconclusive. Impact: This inconclusive drug test led to years of pharmaceutical confusion, resulting in not one but three new ways to market 'miracle cures' that were just glorified sugar pills. Thanks, KC-49 β you're the gift that keeps on giving!. Fact: Fun fact: 'inconclusive' is just science's way of saying, 'We have no idea, but let's keep testing until we get something exciting!'.
- Headline: Acheson Eats in Cafeteria. Impact: Achesonβs choice to dine in the cafeteria became a symbol for the everyman in politics, leading to the rise of casual work lunches, which ultimately gave birth to the entire lunchbox industry. Who knew a sandwich could change history?. Fact: Did you know that cafeteria food has been responsible for more diplomatic tensions than actual treaties? Just imagine the negotiations over the meatloaf!.
- Headline: LODI MAYOR TIRED, HAPPY; Suspended From Elections Job, He Starts as Labor Gang Boss. Impact: Lodi's mayor transitioning to a labor gang boss created a new trend in politics: 'When in doubt, pivot to manual labor!' This bright idea inspired a whole wave of politicians to try their hands at actual work. The horror!. Fact: Did you know that being a labor gang boss is just politics without the fancy suit? Welcome to the real world, dear mayor!.
- Headline: STEPHEN EARLY CRITICAL; White House Ex-Aide Spends Restless Day, Physician Says. Impact: Stephen Earlyβs health woes became a cautionary tale that led to the White House implementing mandatory nap breaks for aides. Because who wouldn't want to snooze while the world burns?. Fact: Critically restless days are a staple in politics, often leading to the invention of coffee breaks β the unsung heroes of political survival..
- Headline: Traffic Piles Up for Blocks Around In Week-End Tunnel, Bridge Crush; Check-up by Port Authority. Impact: This traffic disaster prompted the Port Authority to rethink their infrastructure, leading to the invention of the traffic cone. Yes, folks, without this chaos, we might still be free of those orange monstrosities!. Fact: Did you know that traffic jams are just nature's way of telling you to take a deep breath and contemplate your life choices? Enjoy the existential crisis!.
- Headline: PAN AMERICAN SEEKS A NEW CERTIFICATION. Impact: Pan American's quest for new certification opened the floodgates for the airline industry, eventually leading to the creation of air miles β the only loyalty program that makes you feel like you're getting somewhere while stuck in a middle seat.. Fact: Fun fact: The only thing more complex than airline regulations is the art of avoiding extra fees. Good luck with that!.
- Headline: UNION'S CHARGE REJECTED; Labor Board's Counsel Backs Bell System in 1950 Strike. Impact: This rejection paved the way for more labor disputes, leading to the immortal line: 'I just want to talk to a human!' which became the rallying cry for everyone who ever tried to reach customer service.. Fact: Did you know that labor disputes often result in more drama than a reality TV show? Cue the dramatic music and the angry unions!.
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1951, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1951, it would be worth $23,651,345 today (23651.3x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1951, it would be worth $474,914 today (474.9x return)