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 February 12, 1959
Full News Archive
- Headline: City Addresses Jury's Relief Case Concerns. Impact: This inquiry into welfare problems set off a chain reaction leading to the eventual creation of endless bureaucratic red tape. Fast forward to today, and we have a system where forms have forms that require forms.. Fact: Welfare reform discussions have been ongoing since the dawn of civilization. Ancient Romans probably had a welfare department that was just as bureaucratic, but with togas instead of suits..
- Headline: Commuter Line Seeks Urgent Assistance. Impact: The plea for quick help by the commuter line ignited a nationwide obsession with rail systems that ultimately led to the invention of the 'screaming commuter meme' that still haunts social media.. Fact: The Rockefeller family has been involved in public transport for ages. One can only wonder if they also invented the concept of 'rush hour' as a way to make people feel more rushed..
- Headline: SUPPORT SUIT FILED; Mrs. William Henry du Pont Says She Gets $14 a Week. Impact: Mrs. du Pont's struggle for more financial support sparked a series of legal battles that eventually led to the rise of reality TV shows about divorce settlements, forever changing our understanding of 'family entertainment.'. Fact: The du Pont family is known for their wealth, but who knew they were also the stars of an unscripted drama about alimony before it was cool?.
- Headline: HUMPHREY DECRIES U. S. MORAL DECLINE. Impact: Senator Humphrey's rant about moral decline prompted a nationwide moral panic that resulted in the establishment of several 'morality committees' - which ironically became hotbeds for questionable morality themselves.. Fact: Moral decline discussions have been a bipartisan favorite since the days of Socratesβwho probably just wanted to enjoy a glass of wine without being judged..
- Headline: NATO Body Studies Notes. Impact: The NATO Council's study led to an eternal cycle of drafts and proposals, ultimately ensuring that no matter the decade, bureaucratic meetings would forever be the bane of diplomats everywhere.. Fact: NATO meetings have so many drafts that they could probably fill a library. Too bad they only contain the most riveting discussions about foreign policyβlike watching paint dry..
- Headline: Tax Benefit for Women Asked. Impact: The push for tax benefits for women sparked decades-long debates that resulted in convoluted tax codes, which today are only understood by a select few and an army of accountants.. Fact: Women have been fighting for tax equality for ages, yet somehow, the tax code has managed to become more complex than quantum physics..
- Headline: Labor Law Expert Named. Impact: The naming of a dead-end street 'Impasse Budgetaire' became a metaphor for all future budgetary discussions, leading to a world where every financial conversation feels like a trip to a dead end.. Fact: Naming streets after budgetary issues is a bold move. Next, they'll name a highway 'Debt Highway' and see how many people take the exit..
- Headline: AUSTRIAN AIDE ENDS WASHINGTON TALKS. Impact: The talks that ended in Washington foreshadowed a long history of diplomatic negotiations that would make future aides experts in the fine art of saying 'let's table this' for decades to come.. Fact: Austrian diplomacy has been around since the Habsburgs. So, they must be pros at the art of negotiationβor just really good at avoiding commitments..
- Headline: Budgetary Alley Leads French Into an Impasse. Impact: The election of a labor law expert sparked a slew of changes that ultimately culminated in a generation of workers who are more confused about their rights than ever before.. Fact: Labor laws are so complex that they could be used as the plot for a thriller novelβ'The Case of the Missing Rights.' Spoiler alert: They were never found..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1959, it would be worth $3,433,940 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1959, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1959, it would be worth $23,651,341 today (23651.3x return)