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 January 12, 1962
Full News Archive
- Headline: Right to Question Accusers Granted. Impact: This event laid the groundwork for the 'Red Scare' which not only made checking your luggage a nightmare but also led to a generation of conspiracy theorists who believed everyone was a secret communist. Spoiler: they weren't.. Fact: Fun fact: the government actually thought that banning travel would stop communism. Spoiler alert: it didn't..
- Headline: UK Steel Production Declines in 1961. Impact: The drop in steel production sent a shockwave through industries, leading to the rise of alternative materials. Little did they know, this would eventually lead to the invention of IKEA furniture that requires 30 minutes of assembly and a PhD.. Fact: Did you know that steel is still considered one of the most recycled materials in the world? Talk about a comeback!.
- Headline: Kennedy Asks New Rights Laws But Is Unlikely to Push Adoption; Message Advocates Action in Areas of Voting, Schools and Travel--Literacy Tests and Poll Taxes Denounced Officials to Appraise Bills Would Eliminate Tests. Impact: Kennedy's push for civil rights laws was like throwing a pebble in a pond; the ripples eventually led to the Civil Rights Movement's tidal wave. Who knew a message could start a revolution?. Fact: Ironically, while Kennedy was advocating for civil rights, some schools were still teaching kids that segregation was a good idea. Progress is a slow burn!.
- Headline: TRUMAN IS ACCUSED BY ROMNEY OF TRICK. Impact: Romney's accusation against Truman set the tone for future political theatrics, paving the way for decades of finger-pointing and blame-shifting. Itβs like watching a never-ending game of hot potato, but with more suits.. Fact: Fun fact: Accusations in politics are like popcorn at the moviesβeveryone loves them, but they often leave a bad taste in your mouth..
- Headline: Critic at Large; Wildlife Sanctuary in Florida Reminds a Tourist of Summer in New York. Impact: The juxtaposition of wildlife sanctuary and New York summer led to a new trend of eco-tourism where people pay to pretend to commune with nature while scrolling through Instagram. Because, you know, balance.. Fact: Did you know that Florida has more than 1,000 wildlife sanctuaries? That's more than the number of people who enjoy a summer in New York!.
- Headline: MORE LICENSING URGED FOR BINGO; Gilchrist to Ask Permits for Hall Owners and Suppliers. Impact: The push for bingo hall licensing opened the floodgates for bureaucratic red tape, ensuring that future generations would know the true meaning of waiting in line for a permit. Thanks a lot, Gilchrist.. Fact: Did you know that bingo has been around since the 16th century? Apparently, it takes that long to figure out how to regulate fun..
- Headline: YALE POETRY AWARD; Publication of Work Is Prize for New York Winner. Impact: The Yale Poetry Award added fuel to the fire of literary elitism, creating a ripple where everyone thought they could be a poet, resulting in countless coffee shop open mic nights. Spoiler: they canβt.. Fact: Fun fact: Many poets still think rhyming 'moon' with 'June' is groundbreaking. Keep reaching for the stars, folks!.
- Headline: Net Reserves Rose $159,000,000 During Week at Member Banks; New York Federal Reserve Bank Twelve Federal Reserve Banks Combined Assets and Liabilities in Central Reserve Cities Individual Reserve Banks Maturity Distribution of Loans and Securities. Impact: This seemingly mundane banking headline set off a chain reaction that made the stock market a rollercoaster ride of emotions, with investors crying and laughing in equal measure. Welcome to finance!. Fact: Did you know that the Federal Reserve can literally create money out of thin air? Next time you need cash, just call them!.
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1962, it would be worth $23,651,354 today (23651.4x return)
DIS
Disney
Disney - If you invested $1,000 in 1962, it would be worth $1,960,745 today (1960.7x return)