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 June 20, 1958
Full News Archive
- Headline: Higher Costs Cited in Employers' Oath. Impact: This non-Communist oath turned into a bureaucratic nightmare, leading to an entire generation of employers who spent more time on paperwork than on their actual businesses. By the late 1960s, 'non-Communist' became a trendy costume at partiesβwho knew politics could be so fashionable?. Fact: Nothing says 'I love capitalism' quite like a non-Communist oath. It's the grown-up version of making your friends sign a 'no stealing my fries' contract..
- Headline: Operation Air Lift: Fashions for Army Wives. Impact: Operation Air Lift became a cultural phenomenon, leading to army wives becoming the trendsetters of the 1960s. This inadvertently caused a rise in fashion-forward military-themed merchandise that still haunts us today.. Fact: If you ever wondered why your grandma has a collection of camo-print handbags, now you know: she was an army wife who was just trying to keep up with the latest 'combat chic' trends!.
- Headline: Dodgers Offer to Waive Rights To Ravine Oil as Trials Start. Impact: By waiving their rights, the Dodgers accidentally paved the way for celebrity real estate moguls, leading to a future where baseball players are more famous for their real estate portfolios than their batting averages. Thanks, Dodgers!. Fact: Chavez Ravine is a classic example of how sports teams can mess with local communities. It's like that friend who always shows up uninvited and eats all your snacks..
- Headline: CURTISS-WRIGHT BROADENS LINES; Continental Copper & Steel Unit Bought to Make Earth-Moving Equipment. Impact: Curtiss-Wright's expansion into earth-moving equipment led to a future where construction workers became the most sought-after professionals, often overshadowing doctors and lawyers. Who knew digging holes could be so lucrative?. Fact: If you think about it, 'earth-moving equipment' is just a fancy way of saying 'we really need to fix the mess we made.'.
- Headline: PARTNERSHIP RULE IN CYPRUS OFFERED; Britain Bids Greece and Turkey Join 7-Year Trial -- Initial Reaction Cool British Plan for Cyprus Invites Greeks and Turks as Partners. Impact: This partnership proposal set the stage for decades of geopolitical drama. The Greeks and Turks became the ultimate sitcom duo, with plot twists that could rival any soap opera. Spoiler alert: they never quite figured it out.. Fact: Cyprus has had more plot twists than a daytime soap opera. If only they had a dramatic theme song to go with it!.
- Headline: AUTO PRICE BILL GAINS; House Group Approves Plan for Detailed Costs. Impact: The Monroney price tag bill unleashed a wave of transparency that caused consumers to become hyper-aware of car pricing. This led to a rise in 'price comparison' apps, making car shopping feel like a competitive sport.. Fact: Monroney tags are like the nutrition labels of the car worldβnobody reads them until they realize they're being ripped off!.
- Headline: SCHOOL WARNING GIVEN; Avoid Politics, Silver Says in Accepting Masonic Honor. Impact: Silver's warning against mixing politics with school events led to a generation of students who believed that avoiding political discussions was the key to a harmonious school environment. Spoiler: it wasnβt.. Fact: The only thing more awkward than discussing politics in school is trying to avoid it entirely. It's like trying to dance at a wedding while ignoring the DJ!.
- Headline: KOREAN FRAUD CHARGED; Three Concerns Are Accused of Adulterating Soap. Impact: The soap fraud scandal triggered a series of investigations that ironically led to stricter regulations on aid funds. This made people wonder why they were being charged for soap when their lives were already so soapy.. Fact: Nothing screams 'I love my country' quite like reselling soap meant for the needy. Itβs the ultimate act of capitalism!.
- Headline: HOUSE APPROVES SHARING OF ATOM; 345-12 Vote Backs Giving of Arms Data to Allies -- Senate Action Is Near HOUSE APPROVES SHARING OF ATOM. Impact: The House's decision to share atomic data with allies paved the way for a future where nuclear secrets were treated like trade secrets. Eventually, this led to the rise of 'nuclear espionage' as a legitimate career path.. Fact: Sharing atomic secrets is just like sharing your Netflix password, but with potentially more explosive consequences!.
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)