Breakthroughs and everyday innovations from the year.
HEADLINES ON July 5, 1956
Full News Archive
- Headline: Massive Anti-U.S. Rally in Tokyo. Impact: The 10,000 rallying in Tokyo was the catalyst for a secret society of pigeons, who believed they could influence politics through their cooing. This led to the first-ever 'Pigeon Political Action Committee' and eventually, the rise of avian-based lobbying in various democratic systems. Who knew pigeons had such aspirations?. Fact: Did you know that a group of pigeons can be called a 'loft'? If only they had loftier ambitions than cooing about political unrest..
- Headline: Tito's Neutrality Amid Cold War Tensions. Impact: Tito's refusal to recognize East Germany created a ripple effect that led to a series of awkward family reunions at European family gatherings where nobody wanted to bring up the 'East' or the 'West'. It also inspired a terrible sitcom about a Yugoslavian family trying to bridge the gap between two worlds, which was mercifully never aired.. Fact: Did you know that Tito was known for his mustache? Perhaps he thought it would be easier to negotiate with facial hair on his side..
- Headline: Twining's Assessment of Soviet Air Power. Impact: Twining's steadfast belief in Soviet air power led to a series of increasingly elaborate conspiracy theories involving UFOs and secret Soviet bases on the moon, ultimately resulting in a bizarre cult that believed the Soviets had already colonized outer space. Spoiler alert: they hadn't.. Fact: Did you know that air power has nothing to do with the air you breathe? One would think Twining would have figured that out..
- Headline: Dutch Fear a Crisis In Royal Household; DUTCH FEAR CRISIS IN RULING FAMILY Commission Is Appointed Constitutional Issue. Impact: The Dutch royal family crisis sparked a series of reality TV shows in Europe, where royals competed to see who could handle gossip best. The show 'Royal Gossip: The Real Dutch Housewives' became a global sensation, completely overshadowing actual governance.. Fact: Did you know that royal families are just like ours, except they have way more gold and less sense of privacy? Who knew conflict could be so glamorous?.
- Headline: CITY WATER LAND A RISING TAX LOAD; $4,275,000 in Upstate Realty Levies Paid for Last Year, and Rates Are Going Up. Impact: The rising tax load on city water land led to the invention of a new sport: 'Water Tax Dodgeball', where the only aim was to avoid paying taxes while dodging water balloons filled with taxpayer resentment. This sport eventually became an Olympic event, much to the chagrin of financial analysts.. Fact: Did you know that taxes are the government's way of saying, 'We love you, now give us your money'? But at least you get to enjoy water while being financially drained!.
- Headline: OFFICIAL DENMARK HAILS THE FOURTH; Royal Family and Premier Join 42,000 at Jutland in Nation's Annual Fete Lafayette Is Honored Nehru Asks Stronger Ties. Impact: The official hailing of the Fourth in Denmark inadvertently led to an annual tradition of overly enthusiastic fireworks displays, which scared the royal pets and resulted in a canine uprising that lasted three days. Denmark was never the same.. Fact: Did you know that the Fourth of July is celebrated with fireworks? But don't worry, Denmark has its own version with added royal drama!.
- Headline: BIG CUT REPORTED IN AID FUNDS BILL; House Subcommittee Said to Vote $1,200,000,000 Less Than Requested. Impact: The big cut in aid funds led to a secret underground economy where citizens began trading aid packages for artisanal baked goods. This created the first-ever 'Aid Bakery', which became a cultural phenomenon and a hot spot for hipsters.. Fact: Did you know that budget cuts can lead to more innovative solutions than actual funding? Who needs millions when you can have cookies?.
- Headline: Censors Scan Newsweek Issue. Impact: Censors scanning Newsweek's issue led to an underground movement of rebellious magazines that featured more daring covers, eventually leading to the invention of the 'Cover Model Rebellion', where covers became a canvas for artistic expression and social commentary.. Fact: Did you know that censorship is just a fancy way of saying, 'We're not ready for the truth yet'? But hey, art thrives in the shadows!.
- Headline: BENSON HITS CONTROLS; Criticizes Idea Grants Should Replace Individual Initiative. Impact: Benson's criticism of controls sparked a nationwide debate where everyone suddenly believed they were an economist. This led to a bizarre trend of people wearing 'I Love Free Markets' t-shirts, while simultaneously complaining about the lack of personalized service at fast food joints.. Fact: Did you know that individual initiative is often just a euphemism for doing what you want without a plan? And it usually ends with someone getting burned... or undercooked fries..
- Headline: BEN-GURION ASSAILS BRITISH OVER ARMS. Impact: Ben-Gurion's public denial of British assertions about arms led to an unexpected boom in DIY weapons manufacturing workshops, where citizens learned how to make their own slingshots and catapults, inadvertently creating a whole new industry in the black market of 'homemade defense'.. Fact: Did you know that denying something often makes it more interesting? And in this case, it might have just armed a few too many creative minds..
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)