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 January 28, 1958
Full News Archive
- Headline: Film Censorship in 1958 America. Impact: In a twist of fate, the classification of these films led to an underground film movement in the 60s, where every rejected film became a cult classic. Thanks, Legion, for making us watch films that were too weird for even the weirdos.. Fact: Did you know '57 was the year that 'The Bridge on the River Kwai' was released? It was a box office hit, proving that people would rather watch a bridge than the 418 films that never saw the light of day!.
- Headline: FILM WRITER SUES HUGHES AND R.K.O.; Furthman Seeks $145,833 for Work on Jet Pilot' -Spencer Novel Bought. Impact: Furthman's lawsuit against Hughes and R.K.O. sparked a chain reaction of writers demanding fair pay, eventually leading to the Writers' Guild striking for better contracts. Who knew a simple lawsuit could throw Hollywood into chaos?. Fact: Did you know that Howard Hughes was known for being a bit of a recluse? Maybe that's why he never paid his writersβtoo busy avoiding human contact!.
- Headline: 5 U. S. OFFICIALS GET PRESIDENT'S AWARD. Impact: The President's Award became the ultimate 'I did something good' badge, inspiring countless bureaucrats to seek recognition for doing their jobs. Because nothing says 'distinguished service' like showing up to work on time.. Fact: Did you know that the President's Award is basically a participation trophy for government officials? Everyone gets one, just for being alive!.
- Headline: CORRUPTION WAR PUSHED BY LABOR; Action Is Set on Operating Engineer, Jewelry Unions -- Fay Rule Denounced. Impact: The push against corruption in labor unions set off a chain of events that led to a massive overhaul of labor laws, which ironically made it easier for individuals to be corrupt in new and innovative ways.. Fact: Fun fact: The term 'corruption' has been around so long that it should probably be a government employee by nowβit's certainly got tenure!.
- Headline: Canadian Population Up. Impact: As Canada's population grew, so did the number of Tim Hortons locations. Coincidence? I think not. More people mean more coffee and donuts, so thank you, Canadian population boom!. Fact: Did you know that Canada is so polite that even their population growth is courteous? 'Sorry' seems to be the first word they teach their kids!.
- Headline: Kadar Steps Down as Premier, Retains Hungarian Party Post; Kadar Steps Down as Premier, Retains Hungarian Party Post. Impact: Kadar's resignation created a power vacuum in Hungary, leading to endless speculation and conspiracy theories about who would fill his shoes. Spoiler: it was just as chaotic as you'd imagine.. Fact: Did you know that political resignations often lead to more confusion than clarity? It's like watching a game of musical chairs, but with lifelong consequences!.
- Headline: NEW LAWS URGED AGAINST OBSCENITY. Impact: The push for new obscenity laws laid the groundwork for the future of censorship, causing countless debates about what art is and isn't permissible. Thanks to this, we now have a robust market for underground art and literature!. Fact: Did you know that the fight against obscenity has been going on since the dawn of written word? Talk about a long-standing tradition of people being prudes!.
- Headline: 98.5 Million Gain in Tax Revenue Expected With End of Abatement. Impact: The expected tax revenue gain became a perfect example of how government budgeting can lead to either prosperity or an epic fail, depending on how much coffee the budget committee had that day.. Fact: Did you know that tax revenue projections are about as reliable as a weather forecast? They say it might rain, and then boom! Sunshine and regret!.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1958, it would be worth $3,433,942 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1958, it would be worth $586,656 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1958, it would be worth $23,651,359 today (23651.4x return)