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 August 13, 1962
Full News Archive
- Headline: Congress Reviews Key Veterans Legislation. Impact: This push for veterans' benefits not only helped improve the lives of millions but also paved the way for future social programs, leading to an endless cycle of government spending that now includes funding for those who just want to sit on their couch all day. Thanks, Congress!. Fact: Did you know that the original GI Bill was so successful that it created a generation of college-educated veterans who somehow still managed to forget how to balance a checkbook?.
- Headline: US vs. Soviet Manned Orbit Comparisons. Impact: The rivalry in the space race fueled an obsession with space exploration that led to everything from moon landings to the invention of Tang. Who knew that a fruit-flavored drink would emerge as the ultimate symbol of human achievement?. Fact: Fun fact: The Soviets were so secretive about their space missions that they probably had aliens on board and didn't tell anyone. Just saying..
- Headline: Mrs. Kennedy Attends Mass in Ravello. Impact: Mrs. Kennedy attending mass might seem trivial, but it solidified her image as the glamorous First Lady, which influenced American culture's obsession with celebrity and style. Thanks to her, we now have reality TV stars who think they are royalty.. Fact: Did you know the Agnelli family yacht was probably just a floating mansion? Because who doesn't want to go to church in style?.
- Headline: Joint Chiefs Likely to Get Broader Role in Strategy; WIDER ROLE SEEN FOR JOINT CHIEFS. Impact: The expansion of the Joint Chiefs' role foreshadowed a more militarized approach to foreign policy, which eventually led to endless debates about military spending and strategies that still make Congress members break out in a cold sweat.. Fact: Did you know the Joint Chiefs of Staff are basically the 'big kids' table of military strategy? They just get to make all the rules while the rest of us watch from the sidelines..
- Headline: Titov's 3 Space Records Broken by Nikolayev. Impact: Nikolayev breaking space records meant that every aspiring astronaut felt the pressure to one-up him, eventually leading to NASA's overly ambitious plans that required a lot of coffee and a touch of insanity.. Fact: Fun fact: Every time a space record is broken, an astronaut somewhere is doing a happy dance while simultaneously wondering how to explain it to their cat..
- Headline: BRITISH LINK FEAT TO A MOON EFFORT; Interpret It as Rendezvous Test--World Applauds. Impact: The British linking space flights to lunar efforts shows that competition breeds innovation, which eventually led to the 'moon landing or bust' mentality that fueled a generation of scientists and conspiracy theorists alike.. Fact: Did you know that the only thing more inflated than the excitement around the moon landing was the number of people who claimed to have seen it happen from their backyard?.
- Headline: PRESIDENT NAMES ENVOY TO TUNISIA; In Maine, He Picks a Resident --Goes to Church by Sea. Impact: The appointment of an envoy to Tunisia hinted at the U.S. trying to play nice in foreign relations, which, judging by current events, seems to be an ongoing struggle that often leads to awkward diplomatic dinners.. Fact: Fun fact: The last time a president went to church by sea, he accidentally took a wrong turn and ended up at a beach party. So, good luck with that envoy gig!.
- Headline: CITY REALTY UNIT DESCRIBES GAINS; O'Keefe Credits Roth--Tells of Increased Revenue. Impact: The booming real estate market in the city foreshadowed the eventual housing bubble and crisis, proving that while money can buy happiness, it can also lead to financial ruin if you don't keep an eye on the bubble.. Fact: Did you know that real estate agents can be more optimistic than a motivational speaker at a self-help convention? They could sell snow to an Eskimo and still say it's a 'hot property'!.
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)