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 March 18, 1961
Full News Archive
- Headline: Savings Association President Arrested for Embezzlement. Impact: This scandal not only ruined the reputation of one savings association but also inspired a generation of financial professionals to take 'creative accounting' to a whole new level. Thanks, Mr. Cherrybone, for paving the way for future corporate shenanigans.. Fact: If only Mr. Cherrybone had thought about investing in a good accountant instead of his getaway fund, he might still be president todayβof a much smaller association, at least..
- Headline: Politician Fined Over Housing Violations. Impact: The fine and suspension didnβt just slap him on the wrist; it set a precedent for future politicians who realized they could get away with a slap on the wrist instead of real consequences. Welcome to the world of political accountabilityβa mythical creature, much like Bigfoot.. Fact: Itβs comforting to know that heating installations are more important than actual legal consequences. Who knew that a warm home was just a fine away?.
- Headline: FRANCE TO HONOR A WARTIME RABBI; Leader of Temple Here Will Get Rosette of Legion for Resistance to Nazism. Impact: This honor not only recognized the bravery of one individual but also sparked an ongoing conversation about the power of resistance and community bonds that would echo through generations. The rabbi's legacy continues to inspire resistance against oppression everywhere.. Fact: Rabbi Morris wasnβt just a symbol of resistance; he also had a knack for organizing community potlucks. Because what better way to resist than with matzo ball soup?.
- Headline: SCHOOLS' DRIVERS FACE SCREENING; Fingerprinting Asked of Bus Applicants -- Bill to Bar Lie Detector Is Cited. Impact: The introduction of fingerprinting for school bus drivers was the start of a chain reaction that led to increasingly invasive background checks for all sorts of professions. Next thing you know, weβll be requiring DNA samples for anyone who wants to work in a coffee shop.. Fact: Imagine if we fingerprinted everyone who wanted to be a parent! The line at the maternity ward would stretch around the block..
- Headline: HARKNESS AUDITORIUM; Memorial Medical Building Is Dedicated at Yale. Impact: The dedication of Harkness Auditorium not only marked a milestone in medical education but also began the tradition of Yale students complaining about their student debt while enjoying facilities that would make a five-star hotel jealous.. Fact: Yale's medical school has been around for 150 yearsβlong enough for graduates to realize that the real education lies in how to avoid medical bills..
- Headline: CAVANAGH CLEARS 4 IN FATAL BLAZE; Finds No Deliberate Laxity Involving Fire Hazards in Broadway Building. Impact: This investigation may have cleared the individuals involved, but it also ignited a firestorm of public scrutiny about safety regulations in buildings. The lesson learned? Always check your smoke detectors and maybe invest in a fire extinguisher or two.. Fact: Itβs ironic that in a city known for its bright lights, a lack of fire safety could turn the spotlight on the very real dangers lurking behind the scenes..
- Headline: Goldwater Acclaimed in Texas As He Helps a Lone Republican; GOLDWATER WINS CHEERS OF TEXANS. Impact: Goldwaterβs support for a lone Republican became a rallying cry that would inspire future candidates to boldly embrace their party, leading to the rise of the 'political celebrity' phenomenon. Because nothing says 'trustworthy leader' like a good photo op.. Fact: Goldwaterβs cheerleading in Texas was so loud that local wildlife probably thought a football game was happening. Politics has always been a contact sport!.
Wall Street Time Machine
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1961, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1961, it would be worth $23,651,354 today (23651.4x return)