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 July 6, 1960
Full News Archive
- Headline: India's Ambitious 5-Year Plan Funding Needs. Impact: Had India not needed that $4.6 billion in foreign aid, we might have avoided the overabundance of unsolicited advice on how to 'manage' a country's economy. Thanks, Time Capsule!. Fact: Did you know that the phrase 'Five-Year Plan' has been used so much that itβs basically the corporate world's version of a New Year's resolution? Spoiler: They usually fail..
- Headline: Impact of Defense Contract Reductions. Impact: The drop in defense contracts could have led to a nationwide increase in knitting clubs β because who needs jobs when you can make scarves? Ironically, unemployment rates probably knitted together their own problems.. Fact: Did you know that defense spending is like a bad relationship? You keep pouring money into it, but it never seems to get better..
- Headline: U.S. Aids Pennsylvania U.. Impact: If Pennsylvania University had not received that federal aid, perhaps the school mascot would have been a 'Broke Student' instead of their current one. Talk about a marketing opportunity!. Fact: Did you know that universities often treat federal aid like a college student treats a credit card? Itβs all fun and games until the bill comes due!.
- Headline: Ghana Asks 'Bold' Western Aid. Impact: Nkrumahβs push for bold Western aid could have led to a series of dramatic soap operas about international relations. Spoiler alert: they all end in tears and broken promises.. Fact: Did you know that asking for 'bold' aid is just a polite way of saying, 'please send help, weβre in a pickle?'.
- Headline: Thai Rulers Honored in Parade; King and Queen Win Applause of Crowd Along Broadway THAILAND RULERS HAILED IN PARADE. Impact: If Thai rulers had not been honored in a parade, thereβs a chance they might have been the first monarchy to take a selfie campaign to gain popularity. Who needs parades when you have Instagram?. Fact: Did you know that a parade is just a fancy way for rulers to remind people that they still exist? Itβs like a royal version of a social media post..
- Headline: FOOD SENT TO NEGROES; N.A.A.C.P. Acts in Tennessee County -- Reports Boycott. Impact: The NAACP sending food to those in need may have sparked a movement that turned into a nationwide 'food fight' for civil rights. In retrospect, that might not have been the best idea.. Fact: Did you know that food drives are like the universeβs way of saying, 'Hey, we might not have solved racism, but at least everyone will be fed?'.
- Headline: Thai King Plays For Two Hours at Encore Jam Session; Joins Jazz Greats at Fete Here Given by Benny Goodman. Impact: If the Thai King had not played at the jam session, we could have been deprived of an entire genre of royal jazz music, leading to a serious cultural void. Instead, we now have a royal soundtrack to our lives.. Fact: Did you know that royal jazz sessions are probably the only time you can say 'the king is jamming' without sounding like you're in a bad fairy tale?.
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)