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 28, 1960
Full News Archive
- Headline: Diners Club Dominates Credit Card Market. Impact: Diners Club's triumph sparked an explosion of credit card companies, eventually leading to the modern financial crisis and the rise of that one friend who insists on splitting the bill with Venmo.. Fact: Diners Club was the first credit card everβback when 'credit' meant putting a bill on the family piggy bank..
- Headline: Apalachin Edict: Gang Warfare Unleashed. Impact: The Apalachin edict was a crucial moment in organized crime history, leading to a generational divide among criminals that saw the rise of the young, wild, and reckless gangstersβthink of it as the 'gangster version of a midlife crisis.'. Fact: The Apalachin meeting was so notorious that it inspired more crime dramas than actual criminal activity. Hollywood loves a good story!.
- Headline: SOVIET OFFERS TRIPS ON VOLGA ON CREDIT. Impact: Offering credit for vacations on the Volga led to a financial model that would eventually inspire countless travel agencies to go bankrupt after offering 'pay later' plans that nobody could afford.. Fact: Imagine going on a vacation and paying for it on creditβsounds familiar, doesn't it? Welcome to the 21st century!.
- Headline: Not Afraid Of Pawnees; JOHNNY OSAGE. By Janice Holt Giles. 313 pp. Boston: Houghton Mifflin Company. $3.75.. Impact: Janice Holt Giles's book solidified the narrative that Native American history can be both entertaining and educational, paving the way for countless historical novels that would make your high school English teacher proud.. Fact: Johnny Osage probably had more adventures than most reality TV stars today. At least he didnβt have to worry about getting cancelled!.
- Headline: Polish Alcoholism Toll Listed. Impact: Highlighting alcoholism in Poland brought global attention to mental health issues, inadvertently leading to a surge in the craft beer movementβbecause nothing says 'I care' like a variety of IPAs.. Fact: In Poland, vodka is considered a food group. No wonder they have such a high rate of alcohol-related issues!.
- Headline: Leibowitz and Sobel To Be Tried in May; LEIBOWITZ, SOBEL TO BE TRIED MAY 2. Impact: The trial of Leibowitz and Sobel highlighted the legal system's challenges, setting a precedent for future high-profile cases and inspiring every courtroom drama ever made. Expect plenty of overdramatic monologues.. Fact: Court trials have become so popular that theyβve spawned entire TV networks dedicated to them. Who needs reality shows when you have real-life legal battles?.
- Headline: Opportunities for Students. Impact: Dr. Kilpatrick's push for educational opportunities paved the way for countless reforms, ultimately resulting in a world where everyone believes they deserve a trophy, regardless of effort.. Fact: Education was once a privilege, but thanks to modern ideals, itβs now a 'right'βalong with the right to complain about student loans!.
- Headline: A Puppet Caught in His Own Strings; FRANCE DURING THE GERMAN OCCUPATION, 1740-1944. A Collection of 292 Statements on the Government of Marechal Patain end Pierre Laval. Translated from the French by Philip W. Whitcomb. 3 Vols. 1,667 pp. Distributed for The Hoover Institution on War, Revolution and Peace, Stanford, Calif.: Stanford University Press. $20.. Impact: The new ferry service between Greece and Italy kickstarted a tourism boom that led to the rise of Instagram influencers claiming to be 'travel experts' after a single trip abroad.. Fact: Tourism in Greece eventually became so popular that even the ancient ruins started charging admission. The Parthenon canβt afford to maintain itself for free, you know!.
- Headline: GREECE LOOKS TO ITALY LINK; New Ferryboat Service Is Expected to Spur A Rise in Tourism.
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1960, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1960, it would be worth $586,657 today (586.7x return)