Breakthroughs and everyday innovations from the year.
HEADLINES ON August 16, 1955
Full News Archive
- Headline: Kazakhstan's Corn Crop Devastated by Drought. Impact: The drought in Kazakhstan led to a global corn shortage, which forced the world to innovate. Enter popcorn: the snack food that saved humanity from starvation, one movie theater at a time.. Fact: Fun fact: Corn is a plant that has been cultivated for thousands of years, and yet we still canβt figure out how to grow it without causing a drought. Go figure!.
- Headline: US Questions NATO Spending Cuts. Impact: The doubt over NATO spending led to countless meetings, documents, and reports that eventually culminated in the creation of an entire genre of bureaucratic jargon. Thanks, bureaucracy!. Fact: Did you know that in the world of military spending, 'cutting costs' often means 'let's just buy fewer tanks' instead of 'let's stop buying tanks altogether'?.
- Headline: MOROCCO SULTAN NEARS DEADLINE; Failure to Form Government and His Withdrawal for Regency Council Seen. Impact: The Sultan's inability to form a government led to a staggering number of political science papers on how not to run a country, which ironically now serve as a how-to guide for aspiring tyrants.. Fact: Fun fact: A government that canβt form is like a car that canβt startβeveryone just sits around waiting for someone to turn the key..
- Headline: ACADIANS MARK EXILE; Kin of French Pioneers at Nova Scotia Fete. Impact: The commemoration of the Acadians' exile sparked a renaissance of cultural pride, leading to an influx of poutine and 'Cajun' cuisine worldwide. Who knew tragedy could be so delicious?. Fact: Did you know the Acadians were expelled from Canada in the 1750s? And here we thought family drama only started in the 21st century!.
- Headline: REBUFF TO LAMB URGED; F.C.C. Lawyers at Hearing Ask Non-Renewal of TV License. Impact: The non-renewal of a TV license led to the rise of streaming services, starting a revolution where people could binge-watch shows without ever having to hear about 'local news' again.. Fact: Did you know that local news is often just an elaborate setup for the inevitable weather report? And yet we still watch it..
- Headline: LOS ANGELES VIGIL CURBS VANDALISM; All-Out Campaign Successful as School Cases Fall Off -- Teamwork Big Factor. Impact: The successful campaign against vandalism in Los Angeles inadvertently inspired a generation of graffiti artists to become interior decorators instead. Who knew teamwork could lead to better home aesthetics?. Fact: Fun fact: Vandalism often drops when people are told to 'work together,' but let's be honest, teamwork is just code for 'let's all pretend to care.'.
- Headline: STRIKERS CRASH GATES; Turn Over 4 Cars, Stone Bus at Foundry in Indiana. Impact: The uprising at the Indiana foundry set off a chain reaction of labor movements that ultimately changed the way workers were treated, proving that sometimes, throwing a few cars around can lead to real progress.. Fact: Did you know that sometimes the best way to get your point across is by turning over a car? Just don't ask the insurance company..
- Headline: LOANS HELD SCREEN BY JERSEY MAYOR. Impact: The Jersey Mayor's financial shenanigans led to an increase in public distrust of politicians, creating the foundation for a reality TV show that would keep America entertained for decades.. Fact: Fun fact: Keeping large sums of cash hidden in a safe might seem shady, but itβs basically just a more dramatic version of a piggy bank..
- Headline: British Block Second Raid By Irish to Capture Arms; 3 Guards With Unloaded Rifles Stall 5 Armed Men in Welsh Camp SECOND ARMS RAID IN BRITAIN FOILED. Impact: The foiled arms raid inspired countless spy novels and movies, setting the stage for a genre that would glorify espionage while conveniently ignoring the real-life consequences of such actions.. Fact: Did you know that in real life, armed raids often go less smoothly than in movies? Spoiler alert: they usually don't end with a dramatic chase scene..
Wall Street Time Machine
IBM
IBM
IBM - If you invested $1,000 in 1955, it would be worth $205,272 today (205.3x return)
PFE
Pfizer
Pfizer - If you invested $1,000 in 1955, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1955, it would be worth $3,433,941 today (3433.9x return)