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The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON March 31, 1957
Full News Archive
- Headline: Argentina's Transition to Elective Regime. Impact: This vote set off a chain reaction that led to a series of elections that would make future political analysts question their life choices. Spoiler: It didn't get better.. Fact: When the regime says they're handing over power, it usually means they're just passing the torch to a slightly less shady character. You know, for the sake of appearances..
- Headline: F.H.A. Action Criticized by Senator Sparkman. Impact: Senator Sparkmanβs comments would echo through the halls of Congress, leading to countless debates about the effectiveness of monetary policyβwhere everyone learned that arguing passionately about money doesnβt actually solve any problems.. Fact: Admβs tight money policy? Sounds like a bad sitcom waiting to happen. 'Tight Money: The Series'βwhere every episode ends with a fiscal cliffhanger!.
- Headline: COMPARING NOTES; Composers From Americas Exchange Views While Meeting at Caracas. Impact: The composers' meeting sparked a transcontinental movement that led to the rise of experimental music, which inevitably confused everyoneβs grandparents. Thanks, America!. Fact: If you think getting your music accepted today is hard, just remember that back in the day, composers had to actually travel to Caracas to get rejected in person. Talk about dedication!.
- Headline: RED CROSS RAISES ONLY 65% OF GOAL; Drive for 95 Millions Ends Today--Mounting Disaster Relief Cited by Agency. Impact: The Red Cross's inability to hit their target led to a dramatic increase in their fundraising efforts, which ironically resulted in a more organized disaster relief scene. Who knew failure could be so effective?. Fact: Only 65% of the goal? Itβs like trying to bake a cake and only putting in two-thirds of the ingredients and still expecting people to be impressed. Spoiler: They werenβt..
- Headline: '57 OUTLOOK: FOG, VARIABLE WINDS; U.S. Economy in Its Present State Presents a Confused, Uncertain Picture. Impact: The uncertain economic outlook sparked countless βexpert opinionsβ that would later confuse stock traders and lead to the invention of the phrase 'market correction'βa euphemism for panic.. Fact: The economy being confused is kind of like a cat chasing its tail. Itβs entertaining to watch until it suddenly decides to knock something off the shelf..
- Headline: GARDENAS OPENS DRIVE IN MEXICO; Upsets Regime's Slowing of Campaign by Bid to Name Presidential Candidate. Impact: Cardenas' push for a candidate led to a political tug-of-war that would eventually become a popular reality TV show format: 'Survivor: Political Edition.' Who will outlast the others?. Fact: When ex-Presidents get involved in elections, itβs like a reunion of the high school drama clubβeveryoneβs still trying to prove they were the star..
- Headline: RUSSIAN OIL OUTPUT UP; Production Reported Doubled Between 1951 and 1956. Impact: The doubling of oil production would set the stage for a global obsession with fossil fuels that continues to this day, proving that sometimes, more is just... well, more.. Fact: The Baku oil region produced two-thirds of all USSR oil? Talk about putting all your eggs in one basketβonly this basket is made of crude oil..
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)