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 July 11, 1962
Full News Archive
- Headline: Khrushchev's Call for Berlin Garrison. Impact: Khrushchev's call for smaller nations to garrison Berlin sparked a series of military alliances, leading to an underground Berlin-themed escape room craze in the 21st century. Who knew that Cold War tensions could influence the decor of millennials' game nights?. Fact: Did you know that Berlin's divided status lasted until 1990? Talk about a long-term relationship that neither party wanted!.
- Headline: Telstar and the Dawn of Satellite TV. Impact: The launch of Telstar set off a chain reaction leading to reality TV. If it weren't for this satellite, we might have all been blissfully unaware of the Kardashians' existence. Thanks, space technology!. Fact: Did you know that Telstar was the first satellite to relay live television? It was also the first satellite to introduce us to the concept of 'too much reality.'.
- Headline: Sentencing in Notorious 1961 News Heist. Impact: The sentencing of two robbers in 1961 inspired a wave of heist movies, leading to countless sequels. In a way, they were the unsung heroes of cinema, showing us how not to commit a crime.. Fact: Did you know that the phrase 'crime doesn't pay' was definitely coined after this incident? A real shocker, I know..
- Headline: SUIT THREATENED ON KEOGH PENSION; City Club Warns State and City to Deny Payment. Impact: The threat of a lawsuit over Keogh pensions pushed the city to establish stricter financial regulations, ultimately leading to the creation of 'Financial Jargon Bingo' at every corporate meeting. You're welcome, accountants!. Fact: Did you know that Keogh plans are named after Congressman Eugene Keogh? Talk about leaving a legacy that no one understands..
- Headline: PAN AMERICAN SEEKS TO KEEP STRIKE BAN. Impact: Pan American's struggle against union strikes led to the infamous 'Pan Am Games'—a series of corporate team-building events that no one asked for but everyone pretended to enjoy.. Fact: Did you know that Pan Am was once the golden standard of air travel? Now it's just a trivia question for airline enthusiasts..
- Headline: NATION SEES TESTS; Experimental Device Launched by Space Agency for A.T.&T.. Impact: The launch of an experimental device by the Space Agency marked the moment when cat videos officially became a global phenomenon. Thanks to the satellite, the internet was forever changed for the fluffier.. Fact: Did you know that the first words transmitted via Telstar were, 'Hello, World'? They should've just sent a cat meme instead..
- Headline: Australian Urges Caution On New Guinea Freedom. Impact: Australia’s caution on New Guinea’s freedom prompted a centuries-long debate on colonialism, eventually inspiring the phrase 'Why can't we just all get along?' at every family gathering.. Fact: Did you know that New Guinea gained independence in 1975? Just in time for everyone to forget what the debate was about in the first place!.
- Headline: HOLDING PAY LINE CALLED DIFFICULT; Labor Department Aide Cites Wage Policy Problems. Impact: The difficulties in the wage policy led to the creation of the phrase 'living wage,' which eventually inspired a generation of activists and countless awkward conversations at dinner parties.. Fact: Did you know that wage policy discussions often make watching paint dry seem like an extreme sport? True story..
- Headline: PLAN FOR TAX CUT REPORTED GAINING; But Kennedy is Said to Be Still Undecided on Issue. Impact: Kennedy's indecision on the tax cut led to decades of political posturing, which ultimately resulted in more campaign ads than actual legislation. Thanks for that, JFK!. Fact: Did you know that tax cuts have been debated more than the best pizza topping? Spoiler: it's pepperoni, obviously..
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)