Breakthroughs and everyday innovations from the year.
HEADLINES ON May 1, 1956
Full News Archive
- Headline: High Court's Impact on Communist Party Case. Impact: The ruling on the Communist party case not only cleared some witnesses but also inadvertently paved the way for future conspiracy theories about how the government was secretly run by aliens. Yes, you heard that right. Aliens. Just think of the possibilities!. Fact: Did you know that the term 'subversive' is often used by governments to describe anything that makes them uncomfortable? Like, I don't know, TikTok?.
- Headline: Sproul Resigns from Federal Reserve. Impact: Sproul's resignation from the Federal Reserve sparked an unexpected chain reaction leading to the creation of a financial advice podcast that would eventually ruin the economy in 2020. Thanks, Sproul!. Fact: Fun fact: If you ever wonder why the economy feels like a roller coaster, just remember that it's really just a game of musical chairs with a lot of suits involved..
- Headline: Pakistan's Historic Visit to China. Impact: Pakistan's delegation to China birthed a secret alliance that led to the world's first diplomatic sandwich, which became a symbol of peace and confusion. Who knew a pastrami on rye could change international relations?. Fact: Did you know that diplomatic trips often involve more snacks than actual negotiations? It's true! Itβs like a really boring potluck, but with more tension..
- Headline: WIDER NATO SCOPE URGED BY PEARSON; Canadian Minister Suggests New Stress on Political Ties as Well as Defense WIDER NATO SCOPE URGED BY PEARSON. Impact: Pearson's push for a wider NATO scope caused an unexpected surge in diplomatic brunches, where countries debated defense strategies over mimosas. Who knew politics could be so bubbly?. Fact: Did you know that brunch is considered a diplomatic strategy in some circles? Just kidding, but wouldnβt that be a fun way to solve global issues?.
- Headline: HIGH COURT CURBS DENATURALIZATION. Impact: The Supreme Court's decision to curb denaturalization led to a massive increase in people applying for citizenshipβmostly to avoid the hassle of paperwork, but also because they heard about the free donuts at citizenship ceremonies.. Fact: Did you know that the process of becoming a citizen can sometimes take longer than waiting for your pizza delivery? And you donβt get any cheese with it!.
- Headline: A Scholar in Banking; Alfred Hayes. Impact: Alfred Hayes's biography became the blueprint for aspiring bankers everywhere, leading to an unfortunate trend of people trying to impress dates with bank lingo. Spoiler: It didn't work.. Fact: Did you know that talking about interest rates is the new flirting? Just kidding, but if you try it, let me know how that goes for you!.
- Headline: READY FOR TOMB TEST; Hoffman in England to Seek New Shakespeare Data. Impact: Hoffman's quest for Shakespeare data led to the discovery of a lost manuscript that revealed Shakespeare was actually a time traveler. This changed the course of literature foreverβturns out he was just trying to get back to the future.. Fact: Did you know that Shakespeare was so popular that if he had a Twitter account, he would have more followers than your favorite celebrity? Not that any of it would be 'real.'.
- Headline: Senate Backs Politis Bill. Impact: The Senate's approval of the Politis Bill for permanent US residence led to a sudden influx of people showing up at the borders with their pets, thinking it was a free-for-all. Spoiler alert: it wasnβt.. Fact: Did you know that getting a green card is easier than getting a reservation at a trendy restaurant? But hey, at least one of them has a waitlist!.
- Headline: CITY SEEKS TO END TIE-UP ON STREETS; Jack Holds Parley in Move to Cut Snarls Caused by Building and Repairs CITY SEEKS TO END TIE-UP ON STREETS. Impact: The city's attempt to resolve street tie-ups resulted in a massive underground movement advocating for the return of horse-drawn carriages, because nothing says 'traffic solution' like a horse with a cart.. Fact: Did you know that if you complain about traffic long enough, you might just start a movement for public transportation that involves unicorns? Just a thought..
Wall Street Time Machine
PFE
Pfizer
Pfizer - If you invested $1,000 in 1956, it would be worth $168,691 today (168.7x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1956, it would be worth $3,433,939 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1956, it would be worth $586,657 today (586.7x return)