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 November 22, 1956
Full News Archive
- Headline: Troop Withdrawals from Egypt: November 1956. Impact: The decision to withdraw troops led to a ripple of trust issues in international relations. Who knew that oil could create such slippery slopes and make nations rethink their friendships?. Fact: This was one of the few times in history that a nation actually withdrew troops rather than just withdrawing into a corner and sulking..
- Headline: Dollar Problem Weighed. Impact: The so-called 'dollar problem' inspired generations of economists to write papers that nobody reads, creating a legacy of confusion and a thriving industry for coffee-fueled debates.. Fact: At this time, the only thing more inflated than the dollar was the egos of the economists trying to explain it..
- Headline: PLANNING GROUP APPROVES TRACK; Action by City Commission Removes Zoning Problem Faced by Aqueduct Objections Are Listed Site to Cover 200 Acres. Impact: The decision to modernize the Aqueduct track may have inadvertently fueled the rise of gambling in the U.S., as people discovered that betting on horse races was more fun than zoning meetings.. Fact: The City Commission's meetings were so boring that even the chairs started to doze off..
- Headline: 20-Block Rehabilitation Survey In Columbia Area Set by State; HOME SURVEY DUE IN COLUMBIA AREA. Impact: This survey was the catalyst for the eventual rise of home improvement TV shows, where people learned that a fresh coat of paint could solve everythingβexcept for the underlying structural issues.. Fact: At $120,000, this project was considered a steal, even though that amount could probably buy you a small island today, with better living conditions..
- Headline: Israelis Say French Arms Used in Sinai Were Manned Exclusively by the Israelis. Impact: This denial set a precedent for future diplomatic relations where no one ever really believed the armaments were 'exclusively' manned by one party. Itβs like claiming only one person ate the entire pizza.. Fact: The only thing more colorful than the reports was the paint on the French planes, which, ironically, ended up being a hot topic in future design conventions..
- Headline: 60 Hungarians Welcomed At Kilmer to a New Life; The First Group of Refugees From Communist Oppression in Hungary Arrives in New Jersey on Way to New Homes. Impact: This event marked a significant shift in U.S. immigration policies, paving the way for a country that would eventually welcome everyone except the people who left the oven on.. Fact: The welcoming committee had a hard time fitting 60 people into a single pizza shop, but they definitely managed to make a lot of friends over slices..
- Headline: U.N. FORCE FACED BY COMPLEXITIES; Supplies, Language Barriers and Other Problems Arise --Specialists Sought. Impact: This situation fueled the stereotype that U.N. forces would always be faced with complexities, leading to countless sitcoms where the punchline was just a misunderstanding.. Fact: The phrase 'language barriers' was later redefined to mean 'what did you just say?' in 72 different languages..
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)