Breakthroughs and everyday innovations from the year.
HEADLINES ON December 3, 1966
Full News Archive
- Headline: CORE's Legal Action Against Social Security Adm. Impact: CORE's lawsuit set off a chain reaction in civil rights activism that eventually led to the 1970s fashion trend of wearing protest buttons. Who knew a little legal action could unleash a wave of polyester and peace signs?. Fact: In 1967, it was still considered acceptable to wear socks with sandals. Let that sink in while you ponder racial bias..
- Headline: Union Miniere Corporate Restructuring Announcement. Impact: The restructuring of Union Miniere not only shifted wealth to the Congo but also inadvertently inspired the rise of 'corporate scavenger hunts'βa trend where companies seek out lost assets in absurd places, like abandoned warehouses and old sock drawers.. Fact: The government owning 50% of a corporation is like having a roommate who always borrows your clothes but never returns them. Awkward and slightly infuriating..
- Headline: Indian Diplomat's Wife Helps As Saleswoman in Crafts Shop; An Aid to Refugees. Impact: The diplomat's wife selling crafts could be seen as the precursor to influencer cultureβif you squint hard enough at her selling techniques, you can almost see the birth of Instagram.. Fact: Crafts shops are where dreams go to die, but at least they support refugees while doing it. So, there's that..
- Headline: PRESIDENT IS TOLD INFLATION THREAT WILL EASE IN 1967; Aides See More Moderate Growth and No Reasonable Prospect of a Recession. Impact: Johnson's inflation predictions set the stage for countless economic debates, leading to the creation of the phrase 'When the economy sneezes, the people catch a cold.'. Fact: In 1967, people thought inflation would ease as easily as a sneeze. Spoiler alert: it didn't..
- Headline: Officials Say F.B.I. Has Bugged Dominican Embassy Since 50's; Dominican Embassy Bugged by F.B.I. Since 50's. Impact: The FBI's bugging of the Dominican Embassy kicked off a decades-long debate about privacy rights, leading to overreactions like the invention of the tinfoil hat.. Fact: Turns out, eavesdropping is not just a hobby for gossipsβit's also a government pastime. Who says bureaucracy canβt be fun?.
- Headline: New President Named By Security Traders. Impact: J.R. Dorsey's presidency might have seemed inconsequential, but it was actually the turning point that led to the eventual rise of office snacks as a survival mechanism in corporate America.. Fact: Being elected president of security traders is basically like winning the lottery, but instead of money, you get an office full of spreadsheets..
- Headline: Lincoln Towers Wins On Bedsheet Tenants. Impact: The ruling against bedsheet protests not only dampened tenant activism but surprisingly led to a boom in bed linen sales, proving that sometimes you need to fold up your protests with style.. Fact: Rent protests are effective until someone reminds you that bed linens are a fire hazard. You can't win them all..
- Headline: Hospital Debts Mounting Here; Medicare and Medicaid Blamed; HOSPITAL DEBTS MOUNTING IN CITY. Impact: The mounting hospital debts foreshadowed the future of healthcare debates, leading to the phrase 'Medicare: where we promise you care, but the bills say otherwise.'. Fact: Health insurance in the 60s was like a clingy exβalways there, but you never knew what you were really getting into..
- Headline: VARIED USE SEEN FOR ELECTRIC CAR; Professor Says Runabouts and Family Autos May Be Available in 10 Years HE CITES 'A DIRE NEED' Vehicles Would Cut Noise, Fumes and Congestion-- Batteries Under Study. Impact: The professor's vision for electric cars inadvertently planted the seed for every car enthusiast's worst nightmare: the rise of the eco-friendly, low-noise vehicleβbecause everyone knows that saving the planet is totally overrated.. Fact: The only thing louder than gas-guzzling engines is the sound of people complaining about electric vehicles. Progress, am I right?.
Wall Street Time Machine
IBM
IBM
IBM - If you invested $1,000 in 1966, it would be worth $189,590 today (189.6x return)
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1966, it would be worth $1,807,152 today (1807.2x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1966, it would be worth $713,064 today (713.1x return)