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 10, 1957
Full News Archive
- Headline: Poland Enforces Income Cap in 1957. Impact: This decree led to a surge in underground economies and black markets, where people began bartering goods like homemade bread for zlotys. Little did they know, this would eventually inspire the famous Polish 'Bread Barter' festival in the 1980s, where people dressed as loaves of bread competed for the title of 'Best Dough'.. Fact: Did you know that the only thing worse than retroactive taxes is retroactive homework? At least you can blame the IRS for your financial woes..
- Headline: Mural Inspired by Flight at Idlewild Terminal. Impact: The mural at Idlewild became an unexpected Instagram sensation decades later, leading to a wave of 'airport art' that inspired many travelers to take selfies with abstract murals instead of enjoying the destination.. Fact: Sgraffito sounds like a fancy Italian dish, but it's actually a technique that could make any wall look like a Picasso threw up on it..
- Headline: Excavations Reveal Ireland's Archaeological Wealth. Impact: The archaeological finds in Ireland sparked a global obsession with treasure hunting, leading to the creation of countless reality TV shows where people dig up backyards for 'ancient artifacts' that are usually just old soda cans.. Fact: Ireland's archaeological wealth is so rich that even the leprechauns are starting to get anxious about their pot of gold being discovered!.
- Headline: COST TO RID UNION OF 3, INCLUDING DIO, IS PUT AT $396,000; Worked to Get Dio Out of Union. Impact: The cost of ridding the union of three members set a precedent for unions everywhere, leading to a future where unions would spend more time managing their members than actually helping them. Ah, progress!. Fact: For $396,000, you could buy a small island or just remove a couple of troublemakers from a union. Decisions, decisions..
- Headline: Kennedy Has Audience With Pope. Impact: Kennedy's audience with the Pope ignited a series of political and religious dialogues that would eventually lead to the establishment of the first 'Holy See' influencer account on social media, where the Pope shares daily blessings and inspirational quotes.. Fact: Imagine being blessed by the Pope. That's like getting a VIP pass to heaven, but only if you make it past the gates..
- Headline: House, 329-58, Votes Rise For Government Workers; Tennessean Fights Plan. Impact: The House vote for a raise for government workers led to a decade-long debate on the value of public service, ultimately resulting in the creation of the 'Department of Unofficial Complaints', where citizens could air grievances about the postal service.. Fact: A vote of 329-58 really makes you wonder about the other 58. Were they all out to lunch or just really passionate about keeping government workers underpaid?.
- Headline: CATHOLICS CHIDED OVER BOYS HOMES. Impact: The criticism of Catholic boys' homes led to reforms that inadvertently opened the floodgates for a new wave of reality TV shows based on running a home for troubled youth, which rarely turned out the way producers envisioned.. Fact: You know things are bad when a conference on social responsibility is being held in a place called 'Wittenberg.' Sounds like a sitcom waiting to happen!.
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)