Breakthroughs and everyday innovations from the year.
HEADLINES ON October 12, 1955
Full News Archive
- Headline: Tax Evasion Case Sentenced in 1955. Impact: This tax cheatβs imprisonment for a mere $2,143 in gambling income led to a nationwide panic among poker players, resulting in a secret society dedicated to tax evasion strategies called 'The Full House of Deception.'. Fact: Did you know that $2,143 in 1948 is about $25,000 today? So, you know, the stakes were high. Literally..
- Headline: Orlando C. Harn Passes Away. Impact: Orlando C. Harn's long and boring life in the circulation unit inspired an entire generation to pursue careers in obscurity, leading to a significant increase in the number of people who can recite the Dewey Decimal System.. Fact: Did you know that the circulation unit was just a fancy way of saying 'the place where nobody wants to be?'.
- Headline: Francis J. Raska's Notable Contributions. Impact: Francis J. Raskaβs existence caused a ripple effect of naming conventions, leading to a dramatic rise in the number of people with the middle initial 'J', creating a secret club of average Joes.. Fact: Fun fact: Francis was known for his impressive collection of rubber bands. Riveting stuff!.
- Headline: JAMES J. MEADOR. Impact: James J. Meadorβs name was later used as a pseudonym by countless authors trying to hide their identities, resulting in a literary movement that was never recognized because everyone was too busy reading the same 10 authors.. Fact: Fun fact: There are at least five James J. Meadors in history. Coincidence? Or a conspiracy of anonymity?.
- Headline: GIFTS TO GIRL SCOUTS; Rockefeller Donates $25,000 and Fund Another $22,500. Impact: Rockefellerβs generous donation to Girl Scouts led to the secret development of a cookie formula that has been kept under wraps for decades, resulting in the eventual rise of a cookie empire that would put Nabisco to shame.. Fact: Did you know that Girl Scout cookies are the only currency that can buy you friendship and guilt trips at the same time?.
- Headline: Council Shelves Bill Limiting Oil Heaters; COUNCIL SHELVES OIL HEATER CURBS. Impact: The shelving of the oil heater bill resulted in a nationwide debate about the merits of kerosene vs. electric heaters, leading to the dramatic rise of home heating debates at Thanksgiving dinner, making family gatherings even more awkward.. Fact: Did you know that kerosene was once considered an acceptable perfume? Just imagine the smell at those family dinners!.
- Headline: CIVIL LIBERTIES UNIT IN PICKETING CASE. Impact: The ACLUβs protest over the picketing case inspired an entire generation to believe that protesting was the new black, leading to an era where everyone carried a sign for every trivial issue, including the right to have pineapple on pizza.. Fact: Fun fact: The ACLU has protested more issues than most people have problems. They should really start a podcast..
- Headline: Bigger H-Bombs Predicted. Impact: General Kenneyβs prediction about bigger H-bombs inadvertently led to the creation of the ultimate post-apocalyptic survival guide, which is ironically still sitting in a drawer somewhere gathering dust.. Fact: Did you know that the 'H' in H-bomb stands for 'Hope youβre not around when it goes off'?.
- Headline: Revolts Held Linked. Impact: The connection between Moroccan and Algerian revolts sparked a trend of βrevolt tourismβ where people began traveling to see unrest firsthand, leading to an ironic spike in selfie sticks being sold in war zones.. Fact: Fun fact: Some historians believe that the phrase 'I was there!' was first coined during this era, long before Instagram made it popular..
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)