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HEADLINES ON June 23, 1960
Full News Archive
- Headline: Prendergast Challenges Roosevelt's Integrity. Impact: Prendergast's skepticism led to a chain reaction of distrust among politicians, making 'sincerity' the new unicorn in politicsβeveryone talks about it, but no one has ever seen it.. Fact: Funny how politicians always question each other's sincerity. It's almost like they think we believe them when they say they actually care about us!.
- Headline: H.R. Hawthorne Receives Honorary Degree. Impact: Hawthorne's honorary degree inspired a slew of 'professional shipping' degrees, creating a generation of graduates who proudly declare they are 'masters of logistics'βbecause nothing says success like moving boxes.. Fact: Ever wonder why people clap when someone gets a degree? It's just a polite way of saying, 'Congratulations on your student debt!'.
- Headline: LORDS PONDER lLLS OF BRITAIN'S PRESS. Impact: This debate over press ownership led to the birth of conspiracy theories and sensationalist headlines that would make even the tabloids blush. You know, the type that falsely claims aliens are running for Parliament.. Fact: The British press has such a penchant for gossip that even their newspapers have a gossip column dedicated toβwait for itβother newspapers!.
- Headline: CHARTER REVISION STIRS CIVIC SPLIT; Proposal to Cut Powers of City Controller Fought and Backed at State Hearing. Impact: The civic split created factions that turned civic meetings into reality TV drama. Future city controllers learned that politics is just a game of 'who can shout the loudest without actually solving anything.'. Fact: Civic splits are like family feuds, except everyone involved is way too polite to actually fight, so they just argue over coffee instead..
- Headline: POORE GRANT AWARDED; Staff Member of Hospital in India Gets Fellowship. Impact: The awarding of this fellowship prompted a surge in hospital staff worldwide applying for grants, leading to a new career path: professional grant writerβbecause why save lives when you can write about saving lives?. Fact: Grants are like lottery tickets for researchersβeveryone dreams of winning, but most just end up disappointed while drinking cold coffee..
- Headline: Final Equalization Rates Show Manhattan and Brooklyn Decline. Impact: This report led to a panic among city officials, which, in turn, caused an influx of hipsters trying to claim they were 'eco-friendly' by moving to less populated areasβbecause nothing screams 'environmental consciousness' like overpriced artisanal lattes.. Fact: Declining property values are the new black in real estate trends. Just ask anyone trying to sell their house in a market nobody wants to buy into!.
- Headline: WAGE BILL VOTED BY SENATE PANEL; Sets $1.25 Minimum and Covers 5 Million More WAGE BILL VOTED BY SENATE PANEL. Impact: The passing of this wage bill set off a chain reaction of 'minimum wage' memes, leading to a generation that now thinks they can afford avocado toast on a budgetβspoiler: they can't.. Fact: At $1.25, minimum wage is like the consolation prize in the game of life. You get a participation trophy but not enough to buy anything decent!.
- Headline: HEALTH RESEARCH WEIGHED BY CITY; Board of Estimate to Meet Today on Medical Grants Costing 4.9 Million. Impact: The deliberations over health research funding led to a massive influx of proposals with titles longer than the actual studies. Turns out, the more convoluted the name, the easier it is to get funding!. Fact: 4.9 million dollars could fund a lot of researchβif only they could figure out how to research why they can't figure out how to fund research!.
- Headline: KENNEDY SEES U.S. BACKING HIS PARTY; Calls on Nation to Turn to Democrats -- Cheered in Visit to New Jersey. Impact: Kennedy's appeal for support sparked a nationwide wave of promises by politicians to 'listen to the people,' which ultimately resulted in a national 'talking over the people' championship.. Fact: New Jersey has such a reputation for political enthusiasm that even the traffic jams are politically motivatedβeveryone's just trying to get to the next rally!.
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)