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 October 17, 1957
Full News Archive
- Headline: Agricultural Ministry Restructured in Ghana. Impact: The shift in Ghana's ministry sent shockwaves through the political landscape, causing a butterfly to flap its wings in the Caribbean, leading to the invention of a new cocktail called 'The Politician's Regret'βa mix of rum and indecision.. Fact: Did you know that political ministries shift more often than a teenager's mood during finals week?.
- Headline: Syrian Army on Alert Amid Tensions. Impact: This alert led to an unexpected influx of international diplomats to the region, each trying to outdo the other with their 'secret peace plans,' inadvertently causing a worldwide shortage of fancy pens.. Fact: Interestingly, the only thing more alert than the Syrian Army that day was the coffee at the Cairo press conference..
- Headline: Queen's Historic Visit to Virginia. Impact: The Queen's speech inspired a sudden surge in colonial pride, inadvertently leading to the invention of the 'American Revolution Reenactment' hobby, which just keeps going and goingβlike a bad reality TV show.. Fact: Fun fact: Revolutions would be much shorter if everyone just took a balcony selfie instead of fighting..
- Headline: N.B.C. BARS STAR FROM A.B.C. SHOW; Arlene Francis Will Not Be Interviewed by Wallace-- 'Open Mind' on Reviewers. Impact: This ridiculous feud between networks sparked a series of overly dramatic celebrity rivalries, eventually leading to reality TVβbecause why just compete for ratings when you can humiliate yourself on national television?. Fact: In an alternate universe, Arlene Francis is the President of the United States, and network contracts are a minor detail..
- Headline: HAYES REAFFIRMS TIGHT MONEY AIM; Reserve Bank Head Warns Easing of Restrictions Would Be Dangerous NOTES LEVELING OFF Tells Bond Club No Further Squeezing of Credit Is Likely at Present. Impact: Hayes' warning led to a decades-long cycle of financial caution, causing future economists to develop an irrational fear of wallets that are too loose.. Fact: Tight money policies are a bit like dieting; everyone hopes it will work, but most just end up binging on credit cards..
- Headline: POLES DENY BID TO BONN; Say Premier Put Initiative on Better Ties Up to Germans. Impact: This denial created a ripple effect of diplomatic misunderstandings that ultimately inspired a poorly received sitcom about Polish-German relations in the 1990s.. Fact: The best diplomatic relations are often just like great comedyβtiming is everything!.
- Headline: DULLES SEES SPUR TO U.S. MISSILES; Says Soviet Satellite Checks Any Complacency About Military Superiority. Impact: Dulles' comments led to a flurry of missile development that made sci-fi movies of the era seem quaint, resulting in a future generation convinced that lasers were just around the cornerβspoiler: they still aren't.. Fact: The only thing more inflated than military budgets at this time was the ego of the guys who thought they could outsmart a satellite..
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)