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The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON November 8, 1953
Full News Archive
- Headline: Uniform Commercial Code Sparks Banking Controversy. Impact: The introduction of the Uniform Commercial Code accidentally led to a nationwide obsession with uniformity, resulting in a 1970s fashion trend where everyone wore the same beige jumpsuit. Thank you, banking code!. Fact: Did you know that the banking industry prefers codes that are easier to follow than the plot of a Christopher Nolan movie?.
- Headline: Public Works Initiative Against Economic Slump. Impact: The public works plan to ease any slump somehow spiraled into a national obsession with building bridges to nowhere, which fueled the careers of politicians who could never find the right direction.. Fact: Fun fact: 'public works' is just a fancy way of saying 'let's throw money at the problem until it goes away.'.
- Headline: Shuster's Role in Faculty Play. Impact: Schuster's role as an Indian Chief in a college play inspired future generations of actors who would eventually appropriate every culture imaginable for their performances. Bravo!. Fact: Did you know that college plays often lead to dramatic careers or, conversely, a complete lack of direction? It's a gamble!.
- Headline: Big New Copper Mine in Nevada, First Since War, to Open Tuesday; ANACONDA TO OPEN NEW COPPER MINE. Impact: The opening of the new copper mine led to a sudden spike in 'copper-themed' fashion, which was all the rage in the 1970sβthink green and orange jumpsuits with copper accessories.. Fact: Did you know that copper is not just a metal, but also a fashion statement? Just ask anyone from the 70s!.
- Headline: The Wobblies Good Friend; COUNSEL FOR THE DAMNED, A Biography of George Francis Vanderveer. By Lowell S. Hawley and Ralph Bushnell Potts. 320 pp. Philadelphia: J. B. Lippincott Company. $3.75.. Impact: The biography of George Francis Vanderveer sparked a secret society of Wobblies who believed they were the reincarnation of famous labor leaders, creating a new cult dedicated to 'Labor's Lost and Found.'. Fact: Fun fact: 'Counsel for the Damned' was almost the title of a reality TV show starring lawyers in dramatic courtroom battles!.
- Headline: JOBLESS TOTAL LOW; JOBS HARDER TO GET; Women, Older Men and Youths Leaving Labor Market Are Not Counted as Unemployed. Impact: The jobless total being low but jobs harder to get led to a paradox where everyone felt employed but no one could afford to buy groceries, thus inventing the 'starvation economy.'. Fact: Did you know that the phrase 'record high employment' is just a euphemism for 'good luck finding a job that pays enough to survive?'.
- Headline: 4 SCOTS DENY REBELLION; Men Seized With Cache of Arms Await British Trial. Impact: The four Scots denying rebellion turned into a legendary folk tale, inspiring future generations to form bands called 'The Rebellious Scots' who sang about their innocence while plotting mischief.. Fact: Did you know that the most rebellious thing you can do in Scotland is wear socks with sandals? True story..
- Headline: Two Aspects of Home-School Relations. Impact: The discussion on home-school relations inadvertently led to a nationwide debate on whether parents should teach math or just rely on calculators. Spoiler: calculators won.. Fact: Fun fact: 'home-school cooperation' is just a fancy term for parents trying to teach kids math while simultaneously figuring out their own finances..
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)