Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON May 20, 1956
Full News Archive
- Headline: Bohlen Defends NATO Against Khrushchev. Impact: This moment of diplomatic banter between Bohlen and Khrushchev led to a decades-long game of geopolitical chess where each side tried to one-up the other, ultimately resulting in a global obsession with Cold War memes. Who knew that cartoonists would thrive on tension?. Fact: Did you know that Bohlen's witty comebacks inspired a generation of diplomats to take up stand-up comedy? Because nothing says 'serious diplomacy' like a good punchline..
- Headline: Poland's Bold Step Toward Liberalization. Impact: Poland's swift liberalization sparked a domino effect: it inspired other Eastern Bloc countries to loosen their ties with the USSR, leading to a series of 'oops, we forgot our communism' moments throughout the region. Thanks, Poland, for giving us a front-row seat to the collapse of the Iron Curtain!. Fact: In a delightful twist, some young Communists in Poland decided to form a punk band called 'Yesterday's Lesson Was Wrong.' They were a hitβwho knew disillusionment could sound so catchy?.
- Headline: GAITSKELL IS GUEST IN HARRIMAN'S HOME. Impact: Gaitskell's visit to Harriman's home marked the beginning of a powerful friendship that would lead to countless brunch discussions about politics and the merits of scones over biscuits. Their influence would echo through time, creating a legacy of awkward political dinners.. Fact: Did you know that Gaitskell left Harriman's home with a strong opinion on the correct way to brew tea? Spoiler alert: it involved a lot of debate and absolutely no consensus..
- Headline: AUTOMOBILES: ACCESS; Control of Entry to the Main Highways Is the Key to Their Success. Impact: The revelation about highway access control led to a series of increasingly bizarre traffic laws, culminating in the infamous 'Left Turn Only on Tuesdays' rule. Because why not make driving a delightful game of chance?. Fact: Did you know that the author of this highway access article later tried to run for office? His campaign slogan was 'Let's Get You HomeβEventually.'.
- Headline: Owner Doubles as Rental Agent; Ruffin Leases All Space in Socony Mobil Building. Impact: Ruffin leasing all the space in the Socony Mobil Building set off a property boom that would see landlords charging rent as if they were selling gold-plated apartments. Who knew real estate could be the hottest ticket in town?. Fact: Fun fact: Ruffin's success in leasing space led to a brief trend of individuals trying to lease their own living rooms for 'artistic experiences.' Spoiler: it did not go well..
- Headline: PRICE RISE SEEN FOR HOMES HERE; Long Island Building Aide Cites Higher Costs of Labor and Materials. Impact: The predicted rise in home prices in Long Island led to a never-ending cycle of people buying homes they couldn't afford, later resulting in the great 'McMansion' craze. Thanks to this, we now have houses big enough to host small countries.. Fact: Did you know that Long Island builders considered naming their housing developments after famous sitcoms? 'Friends: The Apartment Complex' almost made it to market!.
- Headline: U.S. ARMS VIEWED ON 2 CONTINENTS; Parades and Displays Held in This Nation and Europe --2 Jet Crashes Kill 3. Impact: The U.S. arms view on two continents not only showcased military might but also inadvertently popularized the idea of parading military hardware as a form of national pride. Fast forward, and now every country competes for the best military paradeβtalk about a bizarre Olympics!. Fact: Fun fact: The jet crashes during the parades led to the realization that maybe, just maybe, they should stick to ground displays. But hey, at least they were memorable!.
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)