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 May 16, 1962
Full News Archive
- Headline: Global Commodity Prices Decline in 1961. Impact: The global dip in commodity costs led to a chain reaction of economic instability in underdeveloped countries, resulting in an influx of international aid organizations. Little did they know, this popularity contest for funding would eventually lead to endless paperwork and the rise of 'aid tourism'.. Fact: Fun fact: The ripple effect from this commodity dip spawned a new genre of social media influencers who specialize in 'charity trips' to underdeveloped countries—because nothing says 'I care' like a selfie with a local child and a poorly written caption!.
- Headline: Legacy of E. D. Geoffrey Garth. Impact: E. D. Geoffrey Garth's medical advertising career was so groundbreaking that it inadvertently inspired a whole new generation of health influencers who now promote everything from kale smoothies to dubious miracle cures on Instagram.. Fact: Did you know that medical advertising has now evolved into a major field? It’s like being a magician—except instead of pulling rabbits out of hats, you pull out health claims with zero scientific backing!.
- Headline: Dedication of Dulles Library at Princeton. Impact: The opening of the Dulles Library became a beacon of diplomatic history, leading to the rise of countless overzealous historians who think they can change the world with a good PowerPoint presentation. Spoiler alert: they can't.. Fact: Did you know that the only thing more boring than a library is a library dedicated to diplomatic history? It’s like watching paint dry, but with more dusty books and fewer plot twists!.
- Headline: Nigerian Educator Here. Impact: Dr. Biobaku's tour of U.S. universities sparked a brief trend of Nigerian educators in the U.S. that led to an explosion of academic exchanges, culminating in an underground movement for Nigerian jollof rice recipes to be taught in culinary schools.. Fact: Did you know that academic tours have a side effect of turning professors into accidental food critics? Because nothing says 'I learned something' like critiquing a university's cafeteria food!.
- Headline: SENATE VOTE ENDS RIGHTS BILL FIGHT; Literacy Measure Is Dead at Least at This Session Mansfield Opposed. Impact: The Senate's decision to kill the literacy bill reverberated through time, leading to an unfortunate trend of an increasingly illiterate populace who would later confuse 'literacy' with 'literally' on social media.. Fact: Did you know that this was just one of many literacy bills that met their untimely demise? It's like the graveyard of good ideas—so many potential readers lost, all because someone couldn't handle a few extra syllables!.
- Headline: BUILDER FOUND GUILTY IN INCOME-TAX CASE. Impact: The conviction of a builder for tax evasion set a precedent that would lead to the rise of 'creative accounting'—a practice so widespread today that it could be considered an unofficial sport in corporate offices.. Fact: Did you know that tax evasion has become like a rite of passage for builders? It's almost like they think 'creative accounting' is a legitimate degree at business schools!.
- Headline: Central Savings Elects Trustees. Impact: The election of trustees at Central Savings marked a turning point for the banking sector, leading to the rise of overly ambitious finance majors who think they can revolutionize banking with an app that no one asked for.. Fact: Did you know that being a trustee at a savings bank is almost as thrilling as watching grass grow? The excitement levels are so low that they should really consider adding a caffeine policy!.
- Headline: ALUMINUM INDUSTRY OPENS LABOR TALKS. Impact: The aluminum industry's labor talks opened the floodgates for negotiations in other sectors, ultimately leading to the modern-day phenomenon of union negotiations that often feel more like a game of chess than actual work discussions.. Fact: Did you know that labor negotiations are just like family dinners? Everyone has their own agenda, there’s a lot of yelling, and someone always ends up storming out of the room!.
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)