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 February 7, 1957
Full News Archive
- Headline: Musicians Win Legal Battle Over Trust Fund. Impact: As musicians fought for their rights, the ensuing victory led to a massive rise in artists' unions. Fast forward a few decades, and this inadvertently resulted in the birth of the hipster movement, where every barista also fancied themselves a 'musician' and wore flannel shirts.. Fact: This fight for musicians' rights ultimately paved the way for the '1,000% increase in band names that include the word 'wolf' or 'moon' in them.'.
- Headline: Contempt Citations Against Teamsters Proposed. Impact: The Senate's move against the Teamsters led to a series of events where unions learned to dodge legal bullets, which in turn inspired a generation of lawyers to become union-busters, and thus, the cycle of chaos continued.. Fact: If you ever wondered why lawyers are the butt of so many jokes, you can thank moments like these where they were forced into the spotlight for their dubious antics!.
- Headline: Debate Over St. Lawrence Power Contracts. Impact: A.A. Berle Jr.'s bold claims about an 'econ dictator' prompted many to reconsider what a 'dictator' really is, leading to a rise in political satire that still thrives today. Who knew economic debates could spark comedy clubs?. Fact: Fun fact: The term 'econ dictator' was later adopted by disgruntled college students who were just trying to find a reason to avoid taking Economics 101..
- Headline: EDITOR OF WORKER ASSAILS RED CRITIC. Impact: Clark's defense of socialism led to heated debates that, over the years, contributed to the creation of countless political memes. Who knew defending a political ideology could lead to more cat videos?. Fact: The article in 'Worker' is one of the few pieces of literature that has ever been cited in both academic papers and Tinder bios..
- Headline: BAY STATE PAPERS ASK PUBLIC HEARINGS. Impact: The push for open hearings resulted in a domino effect that led to the creation of 'open mic nights' in local government meetings, giving people a chance to express their grievances through poetry and interpretive dance.. Fact: Massachusetts was so ahead of its time that it almost became the birthplace of the 'government performance art' movement. Almost..
- Headline: Personal Income Sets Record. Impact: With personal income hitting record highs, the economy flourished, leading to a surge in avocado toast consumption decades laterβbecause who doesnβt want to spend their wealth on overpriced brunch?. Fact: In a stunning twist, the record-setting personal income didn't really help anyone save for retirement, but it did fund a thousand new ways to complain about student debt..
- Headline: President Hails Saud Visit; King Praises Mideast Plan; Malik Gives Assurance PRESIDENT HAILS KING SAUD'S VISIT Talks on Base Satisfactory Menderes Urges Priorities League Aide Praises Talks. Impact: Eisenhower's diplomatic dance with King Saud set the stage for future leaders to awkwardly navigate international relations, culminating in a series of cringe-worthy photo ops that haunt us to this day.. Fact: You could say this meeting was the precursor to modern-day 'diplomatic selfies'βbecause nothing says 'let's build a strong alliance' like a photo with a thumbs-up..
- Headline: GRAY TO ASSUME MOBILIZER POST; President Picks Defense Aide --Flemming Is Returning to Ohio Wesleyan Cites 'Position of Strength'. Impact: Gray's appointment as mobilizer led to a steady stream of government officials who thought they could 'mobilize' anything, including a caffeinated public to vote, resulting in coffee shops becoming the unofficial headquarters for political campaigns.. Fact: Fun fact: The title 'mobilizer' has since been used to describe anyone who can successfully get their friends to go out on a Friday night..
- Headline: Tourist Danger Discounted. Impact: The evacuation of tourists due to political strife sparked a whole new genre of travel blogs focused on 'adventurous' and 'dangerous' travel, leading to influencers who thrive on sharing their 'near-death experiences' for likes.. Fact: E.G. Chauvet's dismissal of danger is basically the precursor to the phrase 'Hold my beer!'βa classic line that continues to echo through the ages..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1957, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1957, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1957, it would be worth $23,651,363 today (23651.4x return)