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 July 7, 1953
Full News Archive
- Headline: Tragic Death of City Seaman in Virginia. Impact: The tragic demise of this city seaman led to a dramatic increase in local fishermen taking self-defense classes, resulting in the world's first underwater martial arts school. Who knew gill grappling could be so important?. Fact: Despite the risks, underwater wrestling is still less dangerous than trying to explain your job to your relatives at Thanksgiving..
- Headline: Metal Workers Win Pay Increase. Impact: This pay rise sparked a revolution in metalworking that led to the invention of the world's first fully automated metalworker, who then decided to unionize for better working conditions. Irony at its finest!. Fact: Metal workers were once so underpaid that they could only afford to forge paper clips. True story!.
- Headline: SOCIAL SECURITY UPHELD; U. S. Judge Rules Editor Must Pay Tax as Self-Employed. Impact: This ruling established a precedent that led to the birth of a new profession: tax lawyers specializing in arguing with editors about their self-employed status. The legal drama was riveting!. Fact: This case proved that no matter how much you write, the IRS always wants a piece of your literary pie..
- Headline: IBANEZ SEES PERON TO SIGN TRADE PACT; Argentine Press Greets Visit of Chilean President as of Great Historical Meaning. Impact: The signing of the trade pact between Ibanez and Peron created a butterfly effect that led to an annual festival known as 'The Day of the Unbelievably Long Speeches' celebrated in both countries.. Fact: Historical meaning is often just another way of saying 'we'll take our time and bore you to tears.'.
- Headline: M'CARTHY HARM IS SEEN; Mrs. Roosevelt in Athens Says People Are Afraid to Differ. Impact: Mrs. Roosevelt's comments on McCarthy resulted in the establishment of the 'Fearless Opinions Club,' where people gather to express their thoughts without worrying about repercussions. Itβs still going strong today, probably because of the free snacks.. Fact: In a twist of fate, the club eventually became the inspiration for reality TV, proving that fear and drama sell..
- Headline: Mrs. Hobby Denies She'll Resign. Impact: Mrs. Hobby's denial of resignation led to a viral internet meme that still circulates today, representing anyone who's ever said 'I'm not leaving!' at the office party.. Fact: This meme has outlasted many of her actual policies, proving once again that the internet has a better memory than most politicians..
- Headline: RHEE SAID TO SPURN U. S. PLAN AND INSIST ON PROMISE TO FIGHT; Robertson Continuing Efforts to Soften Korean Opposition to Terms for Armistice. Impact: Rhee's stubbornness created a ripple effect that led to the invention of the 'Korean Armistice Negotiation Game,' where players must navigate through endless compromises and still manage to grab coffee breaks.. Fact: The game is so popular that it was once considered for the Olympics, just for the drama alone..
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)