Breakthroughs and everyday innovations from the year.
HEADLINES ON September 26, 1963
Full News Archive
- Headline: Italy's New Luxury Tax Initiative. Impact: This luxury tax increase had unforeseen consequences, leading to the rise of underground luxury item smuggling rings. Who knew that a simple tax could kick off a black market for overpriced handbags? The rich got richer, and the smugglers hired more fashion consultants. Talk about a win-win situation!. Fact: Did you know that luxury taxes are like the adult version of 'if you can't afford it, you don't need it'? Because nothing says 'I care' like taxing the rich while they still buy yachts!.
- Headline: Insights from Lord Denning's Profumo Report. Impact: The Profumo Scandal opened Pandora's box of political intrigue. Subsequent generations of politicians learned that honesty is overrated and that a good scandal can boost your careerβjust ask any tabloid editor!. Fact: Fun fact: The Profumo scandal was so scandalous it could have its own Netflix seriesβplot twists, betrayals, and all. Spoiler alert: it still ends with a lot of red faces!.
- Headline: New British Envoy to Cuba. Impact: The appointment of a new British envoy to Cuba inadvertently set the stage for future diplomatic soap operas. Who knew that sending a new ambassador could lead to decades of awkward encounters at international parties?. Fact: Fun fact: Being an ambassador is like being a glorified babysitter for countries. 'Don't let them throw their toysβuh, I mean missilesβout of the crib!'.
- Headline: QUARTERLY REPORTS ON WELFARE PLANNED. Impact: Quarterly reports on welfare led to the bureaucratic phenomenon of over-reporting and under-delivering, ultimately spawning a cottage industry of consultants who just love to create more paperwork.. Fact: Did you know that quarterly reports are just an excuse for bureaucrats to procrastinate until they can do an even bigger report next year? It's like a never-ending homework assignment!.
- Headline: SCIENTISTS ADVISE STUDY OF QUAKES; Experts at Pugwash Talks See Test Detection Aid Cornell Man Involved List of Quakes Sought. Impact: The study of earthquakes sparked the rise of paranoid conspiracy theorists who believe every tremor is caused by government experiments. Thanks to this, seismologists now have to deal with more than just tectonic platesβthey're fielding calls about alien invasions too!. Fact: Did you know that scientists at seismic studies are like the world's most boring superheroes? They save you from natural disasters but can't even get a good movie deal out of it!.
- Headline: American Visits in Peking. Impact: This visit to Peking was a part of a larger trend where Americans began to realize that not all of the world is as obsessed with reality TV as they are. As a result, cultural exchanges flourished, leading to... well, still more reality TV, just with a different flavor.. Fact: Fun fact: Peking is now called Beijing, but if you still call it Peking, you're just living in the pastβlike that guy who still thinks flip phones are cool!.
- Headline: Bowater Awards Are Given. Impact: The Bowater journalism awards created a ripple effect of competition among journalists, resulting in a golden age of investigative reporting. But it also meant more stories about cats and celebrities, because you know, priorities.. Fact: Did you know that journalism awards are like high school prom? They're all about popularity, and the winners usually just end up giving long speeches nobody listens to!.
- Headline: U.S. STARTS STUDY IN SOUTH VIETNAM; M'Namara Aide Says War on Reds Is Going Better Reports Called Similar Demonstration Attempt. Impact: The start of U.S. studies in South Vietnam led to a never-ending cycle of military strategies and debates, ultimately resulting in a series of increasingly complex and confusing military engagements. Thanks for that, 1960s!. Fact: Did you know that 'going better' in military terms usually means 'we're still figuring out how to avoid a disaster'? It's like saying your diet is 'going better' while still eating cake!.
Wall Street Time Machine
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1963, it would be worth $33,061,595 today (33061.6x return)
DIS
Disney
Disney - If you invested $1,000 in 1963, it would be worth $2,434,960 today (2435.0x return)
CVX
Chevron
Chevron - If you invested $1,000 in 1963, it would be worth $387,746 today (387.7x return)