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 December 4, 1958
Full News Archive
- Headline: ALCORN vs. BUTLER at N.A.M. Congress. Impact: The heated exchange between Alcorn and Butler sparked the infamous 'Vote Wars', leading to decades of increasingly absurd campaign slogans. If only they'd known that one day there'd be memes instead of civil discourse.. Fact: Did you know that the only thing more predictable than politicians blaming each other is that people somehow still vote for them?.
- Headline: House Group Urges Cuts to Agency Workforce. Impact: This manpower cut warning led to an unforeseen spike in coffee consumption among government workers, which eventually resulted in a nationwide caffeine crisis. Who knew that budget cuts could brew such chaos?. Fact: Fun fact: In the world of bureaucratic efficiency, 'cutting manpower' often translates to 'adding more meetings to discuss how to cut manpower.'.
- Headline: Schools Closed Due to Fire Risks. Impact: The closure of these schools for fire hazards inadvertently led to the rise of underground learning pods, where students secretly gathered to discuss the dangers of fire and their existential dread.. Fact: Fire hazards are a serious issue, but did you know that the real danger lies in the amount of paperwork required to address them?.
- Headline: CANADA TRADE DEBT FELL IN 10 MONTHS. Impact: Canadaβs trade debt decrease would later inspire a generation of Canadian entrepreneurs who thought they could avoid debt by just saying 'eh' a lot. Spoiler alert: it didnβt work.. Fact: Did you know that the Canadian economy is so polite, it apologizes to itself every time it takes a financial hit?.
- Headline: Coroner Assails British. Impact: The coroner's comments led to a nationwide debate about the definition of 'justified force', causing lawyers to invent new jargon that still confuses everyone to this day. Thanks, British coroner!. Fact: Fun fact: Coroners are the only profession where you can literally say 'I told you so' after the factβpun intended..
- Headline: Washington Maps Import Curb On U.S. Surpluses Sold Abroad. Impact: Washingtonβs import curbs sparked a black market for surplus goods among hipster entrepreneurs who believed selling government surplus would be the next big thing. Spoiler: It wasnβt.. Fact: Fun fact: When the government sells surplus, itβs basically just a fancy way of saying 'we bought too much stuff and now we need to clear the closet.'.
- Headline: STAY FOR FERRIES ARGUED IN COURT; Decision Weighed on Hudson Service Pending Appeal to Supreme Bench. Impact: The court's decision to stay the ferries led to a renaissance in Hudson River boat tours, where tourists could enjoy the scenic views while simultaneously questioning their life choices.. Fact: Did you know that ferry services are considered the original ride-sharing platforms? Just add water and a lot of waiting!.
- Headline: A BUDDHA SMILES ON THE SEAWOLF; $1.85 Statue Smooths Seas for Navy's $30,000,000 Atomic Submarine. Impact: The installation of the Buddha statue on the Seawolf somehow resulted in an increase in naval officers practicing mindfulness, leading to the first-ever peaceful naval fleet. Who knew enlightenment was a military strategy?. Fact: Fun fact: The Navy originally thought theyβd need a battleship, but it turns out all they needed was a good luck charm and a positive attitude..
- Headline: STERN'S ON 42D ST. TO GET 'NEW LOOK'; Store Will Be Remodeled Inside and Out in 2-Year Job to Cost 4 Million. Impact: Sternβs remodel led to the creation of numerous 'new look' stores worldwide, each trying to outdo the last. The irony? No one really cares what they look like as long as they have the latest gadgets.. Fact: Did you know that the term 'new look' is just marketing speak for 'we painted the walls and changed the lighting?'.
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)