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HEADLINES ON December 16, 1958
Full News Archive
- Headline: NLRB Decisions Now Reviewable by Courts. Impact: When the Supreme Court decided to allow federal district courts to review NLRB decisions, it set off a chain reaction that led to countless future workplace disputes. Fast forward to now, and every time someone complains about their job, you can trace it back to this very decision. It's like the butterfly that flapped its wings and caused a hurricane of workplace complaints.. Fact: Did you know that every time someone brings up 'that one time' they were unfairly fired, they're really just referencing this moment in history? You're welcome for the fun fact!.
- Headline: Pope Appoints 23 New Cardinals Amid China Tensions. Impact: Pope elevating new cardinals led to a 'who's who' of holy power plays, which inadvertently inspired a whole line of religious-themed reality shows. Imagine the Vatican's secret meetings as dramatic as any reality TV finale.. Fact: Fun fact: The Vatican has more cardinals than the average high school has cheerleaders. Just imagine the pep rallies!.
- Headline: Harlem Schools Declared Inferior by Court. Impact: The court's acknowledgment of inferior education in Harlem was a small stone that eventually led to a tsunami of educational reforms. Who knew that two parents refusing to send their kids to school would cause an avalanche of change?. Fact: Did you know that Harlem's educational struggles were so bad that even the textbooks were refusing to show up? Talk about being 'absent' from school!.
- Headline: PRESIDENT PLANS BALANCED BUDGET UNDER 80 BILLION; G.O.P. Leaders in Congress Report Aim for '60 After White House Parley SPENDING DROP LIKELY 'Gas' Tax Rise and Higher Postage Expected to Be Sought by Eisenhower. Impact: Eisenhower's plan for a balanced budget involved a 'gas tax rise,' which inadvertently paved the way for every politician to forever think they can balance the budget by just taxing gas more. Spoiler alert: they can't.. Fact: Did you know that gas prices today are actually a direct line to Eisenhower's budgeting strategies? Thanks a lot, Ike!.
- Headline: NEWSPAPER TALKS WITH DRIVERS FAIL TO END WALKOUT; Sessions Continue Today -- U. S. Mediator Finds 'Stiff Attitude' on Both Sides. Impact: The newspaper walkout sparked a journalism revolution, leading to guerrilla reporting styles. Future journalists would go on to cover stories without a care for deadlines or paychecksβthank you, newspaper drivers!. Fact: Did you know that the term 'freelance' originated from these walkouts? Just kidding, but it should have!.
- Headline: U. S. Demands Protection. Impact: U.S. demands for protection after the car incident in Baghdad set off a global trend of diplomatic car armor, leading to a world where cars are more fortified than some nations. Who knew vehicular safety would be so universally prioritized?. Fact: Did you know that every armored vehicle on the road today might trace its origins back to a car stoned in Baghdad? Talk about a rocky start!.
- Headline: Gomulka and Ulbricht Call Bonn a Threat to Europe; Poles and East Germans Charge Regime of Adenauer Seeks Domination -- Moves in Baltic Area Alleged. Impact: Gomulka and Ulbricht's accusations against Bonn escalated tensions, leading to a series of 'who's more paranoid?' games in Europe. Fast forward to today, and we still can't get through a family dinner without someone accusing another of being a threat.. Fact: Did you know that the term 'Cold War' was actually just a fancy way of saying 'a really uncomfortable dinner party' in Europe? Who needs family drama when you've got political drama?.
- Headline: SOVIET BARS PLAN FOR ATOM CONTROL; Objects to a U. S. Proposal for Foreign Inspectors to Man Stations. Impact: Soviet rejection of U.S. atom control proposals led to a game of nuclear chicken that would make even the bravest daredevil cringe. We all know how that turned outβthank you, history.. Fact: Did you know that the only thing more explosive than their arguments was their actual weapons? Just kidding! But seriously, there were some tense moments..
- Headline: U. N. Chief Plans New Mission To Halt Strife on Israeli Border. Impact: Hammarskjold's Christmas mission to UNEF troops highlighted the absurdity of spending holidays in war zones, which inspired future leaders to avoid diplomatic work during the holidays. You're welcome, politicians!. Fact: Did you know that Christmas in war zones often involved more strategy than family gatherings? Who says diplomacy can't be festive?.
- Headline: G.O.P. Group Challenges Party's Leaders in Senate; Liberal Bloc Will Seek to Bar Dirksen as Floor Leader -- Compromise With Conservatives Is Hinted. Impact: The GOP's internal power struggle led to a series of compromises that made future political debates resemble reality TV more than actual governance. Grab your popcorn, folksβthis is just the beginning!. Fact: Did you know that the term 'compromise' in politics actually means 'who can yell the loudest until someone gives in'? It's a classic!.
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)