Breakthroughs and everyday innovations from the year.
HEADLINES ON July 17, 1952
Full News Archive
- Headline: Sales Tax Controversy on Car Purchases. Impact: This tax overpayment fiasco led to the creation of the first-ever 'Car Buyer Protection Agency' in 1965, which ironically now only protects car salesmen from angry buyers.. Fact: Did you know that paying tax on a tax is the government's way of saying 'thank you for your contribution to our endless bureaucracy'?.
- Headline: 'Skywatch' Grounding Alert Plan Approved. Impact: The lagging 'Skywatch' program inadvertently led to the rise of amateur skywatchers who now believe they can spot UFOs with nothing but a pair of binoculars and a tinfoil hat.. Fact: Fun fact: 1,806 manned stations still canβt find a single cloud in the sky. But hey, at least they're warm inside!.
- Headline: Stevenson Open to Draft for Nomination. Impact: Stevenson's openness to being drafted caused a chain reaction of indecisiveness in political circles, resulting in every politician from then on being asked if they were 'open to offers' at every election.. Fact: Did you know that being drafted in politics is less about military service and more about trying to avoid actual responsibility?.
- Headline: COMMITTEE COOL TO DIRECT VOTING; A Proposal That Nominations Be Made by the Electorate Offered to Platform Unit. Impact: The cool reception to direct voting set the stage for decades of convoluted election processes that require an advanced degree in quantum physics to understand.. Fact: Ever wonder why your vote feels like itβs being tossed into a black hole? Itβs because it probably is!.
- Headline: TRUMAN IN HOSPITAL FOR HEALTH CHECK; Still Suffering a Slight Fever, President Enters Walter Reed -- Scans Bills and Mail PRESIDENT ENTERS HOSPITAL FOR CHECK. Impact: Truman's health check sparked a national obsession with presidential health, leading to the creation of the annual 'Presidential Fitness Week' where Americans try to outrun their leaders' stress levels.. Fact: Did you know that at Walter Reed, they offer complimentary golf balls to help presidents practice their swings while they recover? Who knew healthcare could be so entertaining?.
- Headline: Video Rates Bill Signed. Impact: The signing of the video rates bill inadvertently led to the rise of political ads that are more entertaining than the actual candidates, a trend that continues to this day.. Fact: Did you know that commercial rates for political ads are like the price of avocados? They just keep climbing, but nobody knows why!.
- Headline: V. A. Dividends Top 45 Millions. Impact: The VA's hefty dividends led to a sudden spike in 'thank you' cards from veterans, which the government promptly lost in the mail, resulting in a shortage of gratitude.. Fact: Did you know that the VA dividends could have bought every veteran a fancy coffee? Instead, they just got a 'thank you' note that was probably printed on recycled paper!.
- Headline: CAMPAIGN AIDE IS NAMED; C. F. Sullivan Appointed to Head Alexander's Senate Race. Impact: The appointment of C. F. Sullivan as campaign aide began a trend where every mayor suddenly decided they could also be a campaign directorβleading to a confusing electoral circus.. Fact: Fun fact: Having a campaign aide with a name like Sullivan is like having a dog named 'Bark'βnot exactly subtle, but definitely memorable!.
- Headline: Japanese Want to Make Arms. Impact: Japan's desire to make arms sparked debates about peace and war, which have continued to echo throughout history and somehow led to more anime than anyone anticipated.. Fact: Did you know that the only thing louder than a factory making arms is the sound of fans screaming for more anime adaptations?.
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1952, it would be worth $23,651,352 today (23651.4x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1952, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1952, it would be worth $487,500 today (487.5x return)