Breakthroughs and everyday innovations from the year.
HEADLINES ON March 23, 1962
Full News Archive
- Headline: Kennedy Declassifies Stockpile Data. Impact: By releasing this limited stockpile data, Kennedy inadvertently paved the way for a future where conspiracy theorists would claim every government document is just a cover-up for aliens. Thanks, JFK!. Fact: Did you know that declassifying information can sometimes be more classified than keeping it secret? It's like a government magic trick!.
- Headline: Alabama Court Rules on NY Times Tax. Impact: This ruling led to an avalanche of tax evasion strategies being developed by newspapers. After all, if the New York Times could dodge taxes, why not every small-town paper? Welcome to the world of creative accounting!. Fact: Fun fact: Alabama and the New York Times are like oil and water. They just don’t mix well, especially when it comes to taxes!.
- Headline: Governor Inspects New Central Coaches. Impact: The inspection of these new coaches led to a nationwide obsession with public transport, causing millions to suddenly care about train aesthetics. Who knew metal boxes on wheels could start a fashion revolution?. Fact: Did you know that inspecting coaches is a lot like going to the DMV? You can expect long waits and a lot of paperwork!.
- Headline: NIGHT SESSIONS ON TO END FILIBUSTER; Southern Senate Talkathon Met by Mansfield Move. Impact: Mansfield's invocation of 'Jefferson's cloture' not only ended the filibuster but also inspired a generation of senators to find creative ways to avoid actual work. Way to keep the tradition alive!. Fact: Did you know that filibustering is a lot like a toddler throwing a tantrum? It usually ends when someone just gives them what they want!.
- Headline: Sarnoff Backs Kennedy Satellite Plan. Impact: Sarnoff's support for the satellite plan led to the eventual creation of reality TV, because who wouldn’t want to watch their neighbors live-stream their mundane lives from space?. Fact: Did you know that RCA originally thought satellites were just fancy Frisbees? Talk about an upgrade in ambition!.
- Headline: N.Y.U. Promotes Student Aide. Impact: Promoting a student aide at NYU led to an influx of students thinking they could get a job just for being 'helpful.' Spoiler alert: that’s not how real life works!. Fact: Did you know that student aides are basically the unsung heroes of universities? They’re like the coffee that fuels all-nighters!.
- Headline: ATOM POWER UNIT HAILED AS UTILITY. Impact: The announcement of an atomic power unit inadvertently sparked a series of sci-fi movies that portrayed technology as a glorious savior, all while ignoring the whole ‘nuclear fallout’ part. Whoops!. Fact: Fun fact: the only thing more explosive than an atomic power unit is the drama between engineers and the people who had to explain it to the public!.
- Headline: U.S. TARIFF RISES ANGER EUROPEANS; Common Market Aides Say Kennedy Action Imperils New Trade Accords U.S. TARIFF RISES ANGER EUROPEANS. Impact: The rise in tariffs caused a domino effect of European breakfast meetings where officials discussed how to make American coffee stronger. Who knew trade disputes could lead to better caffeine?. Fact: Did you know that tariffs are like that friend who suddenly gets really picky about what they’re eating? It just makes everything more complicated!.
- Headline: Editors Assert Mail-Rate Rise Would Kill Many Small Papers. Impact: The threat of a mail-rate rise caused newspaper publishers to band together like superheroes, resulting in a nerdy coalition dedicated to saving small-town journalism. Exciting stuff, right?. Fact: Did you know that small-town papers are like the last bastion of local gossip? Raise the rates, and you might just kill the neighborhood watch!.
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)