Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON February 28, 1953
Full News Archive
- Headline: State Loan Fuels Brooklyn Housing Expansion. Impact: This housing loan sparked a revolution in affordable housing projects across America. Who knew that helping 400 families could lead to a nationwide obsession with tiny homes, DIY renovations, and a reality TV show craze? Thanks, Brooklyn!. Fact: In 1940, the average rent for an apartment in New York City was around $30. Inflation, anyone?.
- Headline: Market Prices See Minor Increase. Impact: A 0.1% price increase set off a chain reaction of economists frantically recalibrating their calculators. This ultimately led to the creation of the 'Panic Over Pennies' university course.. Fact: The primary markets are not where you buy your groceries; theyβre actually about as exciting as watching paint dry..
- Headline: REGENTS ACT ON TV; ASK F. C. C. EXTENSION. Impact: The Regents' actions led to the birth of countless educational regulations that still confuse parents today. Thanks to this extension, we now have more bureaucracy than you can shake a wand at!. Fact: The FCC isnβt just a regulatory body; itβs also a secret society of people who really love paperwork..
- Headline: JOSEPH MDONALD. Impact: Joseph McDonald's name was inscribed into history, paving the way for future entrepreneurs who believed they too could achieve greatness by simply adding 'Mc' to the front of their last name.. Fact: McDonald's was not originally about fast food; it was about being the best at making people hungry for more..
- Headline: LEO P. GALLEN. Impact: Leo P. Gallenβs legacy may have been forgotten, but his name lives on in the annals of historyβright next to every other person whose significance was tragically overlooked.. Fact: Gallen's name means 'valiant' in Old Englishβtoo bad he didn't have a more memorable impact..
- Headline: JOHN J. HASSET't' I. Impact: John J. Hassett's contribution to history is so profound that it has inspired countless people to aspire to mediocrity while making sure their names are spelled correctly.. Fact: Hassett is a name that echoes through the halls of history, mainly because no one bothered to forget it..
- Headline: Day Care Centers to Be Hosts. Impact: The establishment of day care centers led to the rise of the 'Super Parent' phenomenon, where parents are now expected to juggle work, kids, and Pinterest projects all at once. Thanks a lot, 1950s!. Fact: Day care centers are a great way to teach kids to share, right before they enter the real world and realize that sharing is actually just a suggestion..
- Headline: L HUNTTI-NG.*H0WELL, :INDUSTRIIST, .7.7; Fouhder and President of th, Garfield Manufacturing Co., Electrical Equipment, Di'es. Impact: L. Huntting Howell's contributions to electrical equipment meant that today's tech-savvy kids can enjoy their gadgets without a thought to the origins of their power source. Thanks, Howell!. Fact: Howell's life was tragically cut short, but rumor has it he still haunts electrical circuits everywhere, ensuring they hum perfectly..
- Headline: Envoy Reports Gain in Spain. Impact: The envoy's reports on Spain were a catalyst for future diplomatic missions, leading to a never-ending cycle of 'let's send someone to talk to them' β because that always works, right?. Fact: Spain has a history of being both a vacation paradise and a political hotspotβcoincidence? I think not!.
Wall Street Time Machine
CVX
Chevron
Chevron - If you invested $1,000 in 1953, it would be worth $474,914 today (474.9x return)
GE
General Electric
General Electric - If you invested $1,000 in 1953, it would be worth $487,501 today (487.5x return)
IBM
IBM
IBM - If you invested $1,000 in 1953, it would be worth $205,272 today (205.3x return)