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 August 7, 1956
Full News Archive
- Headline: Historic Speed Records by H-34 Helicopter. Impact: This helicopter's speed records inspired a secret society of competitive flying squirrels, who now train tirelessly to reclaim their aerial glory. Yes, that's right, you heard it here first: the squirrels are coming.. Fact: The Sikorsky H-34 was so fast, it made other helicopters look like they were stuck in traffic. Seriously, even a snail could outpace them on a good day..
- Headline: New Leadership in Railroads Announced. Impact: This appointment created a ripple effect that led to the eventual naming of a sandwich after him, thus ensuring his legacy would live on in deli counters everywhere.. Fact: In the world of railroads, naming a president is about as exciting as watching paint dry on the tracks. But hey, at least they didn't name him 'Chief Conductor of the Dull Train.'.
- Headline: Steel Prices Surge Less Than Expected. Impact: This minor hiccup in steel prices led to a nationwide panic that resulted in the first-ever 'Steel Price Anxiety Support Group' forming in basements across America. Who knew prices could cause such emotional turmoil?. Fact: When it comes to predicting steel prices, economists are about as reliable as a weather forecast in the middle of a tornado. Spoiler alert: theyβre often wrong..
- Headline: CHANDLER STUMPS HERE; Calls Himself a Winner and Waxes Scornful of Rivals. Impact: Chandler's self-proclamation as a winner inspired a future generation of politicians to adopt the mantra 'If you can't convince them, just pretend you already won.' A true legacy of delusion.. Fact: In politics, calling yourself a winner is about as effective as bringing a spoon to a knife fight. Spoiler: it won't end well..
- Headline: Polish Jazz Festival Opens. Impact: The opening of this festival sparked a global jazz movement that eventually led to an international day of jazz, where people worldwide awkwardly attempt to snap their fingers in time to music they donβt understand.. Fact: Polish jazz is like regular jazz but with 30% more vodka and 100% more existential crises..
- Headline: U.S. Tax Aide is Appointed. Impact: This appointment set off a chain reaction where a new breed of tax advisors emergedβthose who can actually explain taxes in a way that doesnβt make you want to pull your hair out.. Fact: Tax aides are like superheroes, except instead of fighting crime, they fight the feeling of impending doom when April 15th rolls around..
- Headline: Parking Problems Discussed. Impact: This riveting discussion on parking problems eventually led to the invention of the first 'parking meters' that would later become the bane of every driver's existence.. Fact: Discussing parking problems is like discussing the weather: everyone has an opinion, but no one really wants to dive into the details..
- Headline: SHIP CAPTAIN CONVICTED; Destroyer's Skipper Called Negligent in Collision. Impact: This captain's conviction sparked a new wave of naval training programs focused on 'How Not to Crash into Things 101,' ensuring future generations of captains could avoid such embarrassing mishaps.. Fact: Being called negligent in a naval collision is like getting a parking ticket for being parked in a no-parking zoneβexcept the stakes are much higher, and you might end up being court-martialed instead of just having to pay a fine..
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)