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 March 20, 1953
Full News Archive
- Headline: Hudson Unveils Super Jet and Jet Cars. Impact: When Hudson decided to showcase their Super Jet and Jet, little did they know that the subsequent obsession with flashy cars would lead to decades of people buying vehicles they can't afford, just to impress their neighbors. It's the reason that your neighbor's 10-year-old Honda still has a better paint job than your brand-new one.. Fact: Did you know that Hudson cars were so stylish they made even the most boring road trips feel like a high-speed chase in a Hollywood movie? Well, not really, but let's pretend..
- Headline: Eisenhower's Diplomatic Stance on U.S.-Soviet Relations. Impact: Eisenhower's conciliatory tone towards the Soviets was the diplomatic equivalent of saying 'let's be friends' in a schoolyard. This eventually led to decades of Cold War tensions, where everyone nervously eyed their neighbor's backyard, wondering if they were secretly building a nuclear bunker.. Fact: Fun fact: Eisenhower believed in diplomacy so much that if he had a time machine, he probably would have gone back to convince everyone to just hug it out..
- Headline: Morse Shifts to Minority Seat in Congress. Impact: Morse asking for a back seat at the Democratic side was the political equivalent of being too cool for school but still wanting to sit at the popular kids' table. This moment sparked a series of political shuffles, leading to the interesting phenomenon of 'who's who' in American politics that still confuses us today.. Fact: Did you know that Morse was a key figure in the Senate? Ironically, his name is now more associated with a code than his actual contributions to legislation..
- Headline: Books of The Times. Impact: The release of 'The Man Whistler' created a literary ripple that inspired countless wannabe authors to try their hand at writing. Spoilers: most of them should have stuck to reading instead.. Fact: Did you know that 'whistling' was once considered an art form? Nowadays, it's just what you do when you're trying to avoid eye contact with someone in the grocery store..
- Headline: HOWREY NOMINATION SENT TO THE SENATE. Impact: Howrey's nomination and subsequent departure for Alaska led to a series of bureaucratic mishaps that would have made great sitcom material. Little did they know, this set the stage for future politicians to think they could just leave their jobs for vacation and still get paid.. Fact: Did you know Alaska is known for its stunning beauty? Too bad Howrey was too busy with politics to enjoy itβimagine the selfies he could have taken!.
- Headline: ONE-MAN PICKETING ENDS; Shipyard Aides to Confer With Suspended Torch Man Today. Impact: The end of one-man picketing was a pivotal moment that led to the realization that sometimes, just sometimes, talking things out beats waving a sign around aimlessly. This moment encouraged future generations to think they could resolve conflicts without a megaphone.. Fact: Fun fact: one-man picketing is like the introvert's version of protest. Itβs like saying, 'I want to make a statement, but also, Iβm really uncomfortable around people.'.
- Headline: City Quits Mayors' Group Over Taxing Power Limit. Impact: NYC's withdrawal from the Mayors' group over taxing power was a dramatic soap opera moment that foreshadowed the city's ongoing struggle with finances. This drama has continued to influence the cityβs budget decisions, leading to the infamous pizza taxβbecause who doesnβt want to tax happiness?. Fact: Did you know NYC has more abandoned tax codes than it has pizza places? Now that's a statistic worth digging into..
- Headline: Digest of Legislation Approved in Albany Yesterday Dealing With City's Fiscal Problems. Impact: The legislative digest from Albany was a critical moment in New York politics, setting the stage for the endless cycle of 'let's throw money at the problem' solutions that would characterize fiscal policy for decades to come. Spoiler: it never really works.. Fact: Fun fact: Albany's legislative sessions are so lengthy they could be mistaken for the world's longest Netflix binge-watch session. And just like Netflix, you often wonder why you started in the first place..
- Headline: Turkish Quake Kills 500 to 1,000; 50,000 Are Reported Homeless; Appeal for Aid Is Sent to Red Cross at Geneva -- Many Trapped in Houses 500 TO 1,000 KILLED IN QUAKE IN TURKEY. Impact: The tragic Turkish earthquake that claimed so many lives was a stark reminder that Mother Nature has a way of reminding us who's really in charge. This event led to more international aid efforts, which would influence global humanitarian responses for years to come, though sadly, not enough to prevent future disasters.. Fact: Did you know that earthquakes can happen at any time? Theyβre basically nature's way of saying, 'Surprise! Wasn't expecting me, were you?'.
- Headline: CAUTIONS ON PROSPERITY; Truman Ex-Aide Ties Future to Defense Spending Level. Impact: Truman's ex-aide's cautionary note on prosperity tied to defense spending foreshadowed the military-industrial complex's influence on the economy, leading to a bizarre reality where soldiers are the only ones guaranteed a paycheck in a recession.. Fact: Did you know that defense spending is like the financial equivalent of a gym membership? You pay a lot, hope for results, but often just end up with a lot of regrets and no visible abs..
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)