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 March 18, 1958
Full News Archive
- Headline: Senate Report on Tax Write-Offs. Impact: The Senate's tax write-off for utilities led to an unforeseen surge in the 'energy company Christmas bonus' culture, making it a tradition for CEOs to buy yachts instead of investing in renewable energy. Thanks, government policy!. Fact: Did you know that the phrase 'tax write-off' is often just a euphemism for 'let's take a vacation with taxpayer money'?.
- Headline: Uranium Deposits Discovered in Greece. Impact: The discovery of uranium in Greece set off a series of unfortunate events, including a rise in the number of people claiming to be 'Uranium Farmers' in the 21st century, resulting in a bizarre trend of uranium-themed parties.. Fact: Fun fact: Greece has been trying to get a piece of the radioactive pie since then, but they still canβt figure out how to get it from the earth to their salad..
- Headline: Chile Tracks Satellite in Historic Event. Impact: Chileβs satellite charting led to an unexpected boom in local astronomy-themed cafes, where people gather to drink overpriced coffee while discussing the mysteries of space and their existential dread.. Fact: Ironically, no one in Chile was actually looking up at the stars; they were too busy trying to get a decent cup of coffee..
- Headline: NEGRO SUES ON VOTE; Asserts He Was Barred From Registering in Mississippi. Impact: The lawsuit in Mississippi sparked a movement that took decades to unfold, ultimately leading to the Voting Rights Act, proving that sometimes a single voice can echo through history, even if it takes a while.. Fact: Fun fact: H.D. Darby's struggle for voting rights led to more people realizing that voter suppression is not just a myth but a sad reality in many places..
- Headline: International Nickel Curtailing Output for First Time in 9 Years; OUTPUT OF NICKEL CUT BACK BY INCO. Impact: International Nickel's output cuts created a shortage that inspired an underground market for 'nickel bars,' leading to the rise of hipster miners in the 21st century.. Fact: Did you know that nickel is actually the 'cool kid' of the metal world? Itβs the only one thatβs both useful and fashionable!.
- Headline: General in New Post. Impact: Maj Gen Besson's appointment as chief of the Transportation Corps was pivotal in establishing military logistics as a key factor in modern warfare, leading to the infamous 'logistics wars' of the future where supply chains became battlegrounds.. Fact: Fun fact: The Transportation Corps' motto is 'We deliver!'βwhich sounds great until you realize it applies to tanks, not pizza..
- Headline: MEDAN RETAKEN, JAKARTA ASSERTS; Airport and Port Also Said to Be Recaptured in Day -- Rebels Dispute Claims MEDAN RETAKEN, JAKARTA ASSERTS. Impact: The Supreme Court ruling on truckers' fines led to a peculiar trend where truckers started writing off their emotional trauma from heavy fines as a 'business expense,' resulting in a bizarre spike in therapy sessions.. Fact: Did you know that truckers now have to pay taxes on their therapy bills? Talk about a roadblock to mental health!.
- Headline: TRUCKERS' FINES NOT DEDUCTIBLE; Can't Be Charged to Business Expense, High Court Rules -- Tax Gain for Gamblers.
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)