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 August 26, 1960
Full News Archive
- Headline: Brown Defeats Irwin in Fifth Round. Impact: After Brown's victory, a chain reaction of lightweight fighters emerged, leading to a rise in the popularity of boxing gyms. One of those gyms eventually produced a fighter who became a famous action movie star, forever changing the trajectory of martial arts films. Thanks, Brown!. Fact: Brown's victory was so significant that it inspired a whole generation of gym rats who believed they could also become champions without ever stepping into the ring..
- Headline: City Doubles Staten Island Rail Line Funding. Impact: Doubling the subsidy for the Staten Island Rail Line ultimately led to a series of questionable budget decisions that resulted in the city funding a 'New York City Historical Museum of Coin-Operated Laundries.' Because that's what we really needed.. Fact: Coin-operated laundries have been around since the dawn of civilizationβjust kidding, but they sure have become a staple of urban life. Who knew dirty laundry could be so lucrative?.
- Headline: Hiestand Wins Grand American Trapshoot Title. Impact: Hiestand's win at the Grand American sparked an unexpected trend: competitive trapshooting became the new golf, leading to upscale trapshooting clubs where the elite gather to discuss their favorite types of clay pigeons rather than their stock portfolios.. Fact: If you think golf is boring, wait until you hear about the riveting world of trapshooting etiquetteβit's like golf but with guns and a lot more shouting!.
- Headline: RIGHTS ABUSE CHARGED; Johnston Accuses Rogers of 'Shakedown' to Get Votes. Impact: The accusations of 'shakedown' led to a series of political scandals that ultimately resulted in the creation of a reality TV show, 'Vote or Die Trying,' where politicians compete for votes in increasingly bizarre challenges. Who knew political drama could be so entertaining?. Fact: In the world of politics, accusations often lead to more accusations, which is basically just another way of saying 'Welcome to the circus!'.
- Headline: 24 INDICTED BY U.S. IN $300,000 FRAUD; 2 Concerns Also Accused in Swindle and Kickbacks in F.H.A. Home Loans. Impact: This massive fraud indictment opened the floodgates for stricter regulations in home loans, ultimately leading to a future where people spend more time reading the fine print than actually enjoying their homes. Thanks, 24 indicted individuals!. Fact: Fraud in home loans is like a bad sitcom: it just keeps coming back for more seasons, no matter how many times you try to cancel it..
- Headline: Olympic Opening. Impact: The Olympic opening ceremony became a launching pad for future grandiosity in sports events, eventually leading to the introduction of synchronized swimming with flaming swords. Because why not make it more dramatic?. Fact: The Olympic opening ceremony has evolved from simple rituals to elaborate productions, proving that even sports need a good PR team..
- Headline: WAGE-BILL RIVALS ARE DEEPLY SPLIT; Demand Grows for an Early Adjournment of Congress WAGE BILL RIVALS ARE DEEPLY SPLIT. Impact: The split among wage-bill rivals created a rift that led to Congress being known as the 'House of Split Decisions,' resulting in a series of comedic filibusters that rivaled the best sitcoms of the day.. Fact: Congressional debates are basically the adult version of a playground argumentβexcept these kids have access to a budget and microphones..
- Headline: Greek Royalty at the Olympics. Impact: The presence of Greek royalty at the Olympics created a whirlwind of celebrity interest that led to the invention of royal-themed merchandiseβthink T-shirts with 'I Heart Crown Prince Constantine' printed on them.. Fact: Royalty at the Olympics is a lot like adding a celebrity cameo to a movie: it gets people excited, but ultimately, it's just a distraction from the main event..
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)