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 December 22, 1956
Full News Archive
- Headline: Milk Prices Steady for 1957. Impact: The unchanged milk prices in '57 led to a nationwide obsession with dairy, eventually resulting in the 1970s Milk Crisis, where people thought they could survive solely on cheese. Spoiler: they couldn't.. Fact: Did you know that milk was once called 'white gold'? Guess the price just didnβt match its value in '57!.
- Headline: Exploring America's Diverse Religious Heritage. Impact: This book's promotion of faith and unity somehow spiraled into a series of questionable reality shows about family ties, proving that 'empires woven into one nation' can also mean bad TV.. Fact: Fun fact: The real empire now is Netflix, and theyβre still looking for a way to weave in more drama..
- Headline: Congress Debate Over Tito's Visit. Impact: The congressional dispute over Tito's visit set the stage for decades of political indecision. Itβs almost like they thought arguing could solve international relations. Spoiler: it didnβt.. Fact: Did you know that 'Tito' is also a popular name for a pet hamster? Can't say the same for Congress members..
- Headline: Brandeis Fund Begun on Coast. Impact: The establishment of the Brandeis Fund opened the floodgates for philanthropic endeavors, leading to countless foundations that now throw money at anything with the word 'innovation' in it.. Fact: Did you know that raising $122,000 back then was like raising a million dollars today? And yet, somehow, my college tuition still feels like a heist..
- Headline: RAMON CARRILLO, PERON AIDE, DIES; Ex-Minister of Health Was a Neurosurgeon--Former Medical School Professor Signed Medical Decree. Impact: Ramon Carrillo's death signified a major loss for healthcare innovation in Argentina, leading to a string of medical dramas where the doctors were both heroes and villains. Life imitates art?. Fact: Did you know Carrillo's decree was so revolutionary it made the 'House of Cards' look like a childrenβs book on ethics?.
- Headline: INTERRACIAL CONCERT; Fellowship Chorus Is Heard at St. Michael's Church. Impact: The interracial concert sparked a wave of cultural exchanges that eventually led to the creation of every popular music genre we have today. Thanks, St. Michaelβs Church, for the pop hits!. Fact: Did you know that music is the universal language? Which is why I still donβt understand my roommateβs obsession with polka..
- Headline: MRS. ROEBLING WINS ESTATE TAX RULING. Impact: Mrs. Roebling's estate tax ruling opened a Pandoraβs box of legal interpretations, leading to the creation of a cottage industry for tax lawyers who will argue about anything for a fee.. Fact: Did you know that estate taxes have been called 'the death tax'? Because nothing says βI love youβ like taxing your loved ones after youβre gone..
- Headline: Two Retiring Judges Honored By Grand Jury Unit for Service. Impact: The pay rise for Chilean miners was a significant step towards workersβ rights, leading to a global movement that eventually inspired people to demand better coffee breaks. Because, you know, priorities.. Fact: Did you know that miners have a history of being the original rockstars? Too bad they didnβt get enough royalties!.
- Headline: Chilean Miners Get Pay Rise.
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)