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 24, 1957
Full News Archive
- Headline: Guatemalan Election Crisis of 1957. Impact: If only the Guatemalans had decided to vote for a different president, we might have avoided decades of political turmoil. Instead, here we are, one election annulment at a time, making history look like a bad soap opera.. Fact: This is the kind of drama that makes 'Survivor' look like a picnic..
- Headline: Nebraska Secretary Admits to Forgery. Impact: The forgery scandal set off a chain reaction of distrust in politics, leading to the creation of even more convoluted laws that only lawyers understand. Thanks, M E Warme, for keeping the legal profession thriving!. Fact: Fun fact: Forging paychecks tends to be frowned upon. Who knew?.
- Headline: COONEY INDICTED IN JERSEY AGAIN; Ex-Head of Insurance Body and 3 Others Accused of $203,000 Fraud. Impact: Cooney's indictment not only showcased the rampant fraud in insurance but also inspired a new trend in reality TV: 'The Real Con Artists of New Jersey.'. Fact: In case you were wondering, 'firemen' and 'fraud' are not usually synonymous, but Cooney certainly made it a thing!.
- Headline: The Iowa Set for Mothballs. Impact: The mothballing of the Iowa ship could very well have influenced naval strategies for decades. Who would have thought a ship could retire and take a long nap while history continued to unfold?. Fact: Mothballs not only preserve old ships but also ensure your grandma's favorite coat stays intact for another decade..
- Headline: REACTOR FOR FOODS POSTPONED BY A.E.C.. Impact: The A.E.C.'s decision to postpone the reactor may have delayed nuclear food preservation by a few years, leading to a generation of hungry diners who had to make do with regular, non-irradiated food.. Fact: Irradiated food: because sometimes you really do want your carrots to glow in the dark!.
- Headline: U.S. 'MOON' ROCKET CLIMBS 109 MILES; The Vanguard, Due to Carry Satellite in December, Is Tested Successfully Again. Impact: The Vanguard rocket's successful test was a small step for the rocket but a giant leap for the ego of every engineer involved. Who knew climbing 109 miles would lead to a moon landing and endless conspiracy theories?. Fact: Rumor has it, the rocket was just trying to escape Earth's drama. Can't blame it!.
- Headline: BOTH SIDES REST IN ABEL SPY CASE; Defense Calls No Witnesses --Court Denies Move to Have Case Thrown Out Pencil With Cavity Shown Complains of Husband. Impact: The Abel spy case might have shifted public perception of espionage, making it seem less like a thrilling spy novel and more like a courtroom drama that never ends.. Fact: If only spies were as entertaining as they are in movies. But hey, at least they make courtrooms exciting!.
- Headline: ECONOMY 'SINKS' A SHIP; Naval Academy Will Scrap Old Spanish War Vessel. Impact: Scrapping the Reina Mercedes might have signaled the end of an era for old naval vessels, but it also marked the beginning of a new trend: recycling history, one ship at a time.. Fact: The only thing more durable than a Spanish War vessel is the paperwork required to scrap it!.
- Headline: Pressure Being Relaxed; U.S. EASES POLICY ON TIGHT MONEY. Impact: The Fed's decision to ease tight money policy sent ripples through the economy, making it easier for people to spend money they don't have, which inevitably led to more 'buy now, pay later' schemes.. Fact: Tight money policies are like diets—everyone talks about them, but nobody really wants to stick to them!.
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)