Breakthroughs and everyday innovations from the year.
HEADLINES ON May 16, 1950
Full News Archive
- Headline: US Representatives Named in 1950 Talks. Impact: The U.S. representatives named in these talks ended up being the same ones who, decades later, would be remembered for their extraordinary ability to talk in circles without actually saying anything. This paved the way for endless debates on social media.. Fact: If you think naming representatives is a big deal, wait until you see how long it takes to name a sandwich at a deli!.
- Headline: Yugoslavia Ends WFTU Relationships. Impact: By severing ties with the WFTU, the Yugoslavs inadvertently inspired a whole new genre of 'labor union breakup' songs that would dominate the airwaves decades later. Who knew labor disputes could be so musical?. Fact: Breaking up is hard to do, and apparently, it also requires a press release..
- Headline: HIGH COURT TO REVIEW SUBVERSIVE LIST CASE. Impact: The Supreme Court's review of the subversive list case set a precedent that would lead to an endless cycle of political paranoia, where every group you disagreed with could be labeled as 'subversive'—welcome to modern politics!. Fact: Being on a subversive list sounds exciting, but it’s just a fancy way of saying you’re not invited to the party..
- Headline: HOSPITAL VOLUNTEERS RECEIVE 955 AWARDS; HONORING WOMEN WHO HAVE SERVED 25,000 VOLUNTEER HOURS. Impact: The recognition of 955 hospital volunteers led to a surge in volunteerism, which eventually caused a shortage of awards. This paved the way for the invention of participation trophies.. Fact: 25,000 hours of volunteer work is impressive, but it still doesn’t qualify you for a Netflix special..
- Headline: Report of Attack on Ship Sifted. Impact: The investigation into the attack on the Nayadis tanker led to an international incident that sparked a series of 'Who shot the tanker?' memes, forever altering the way we view maritime disputes.. Fact: Getting fired upon by a ship is a bit like getting hit by a flying burrito: unexpected and slightly messy..
- Headline: MOVE FOR WRITERS FAILS; Supreme Court Bars 'Friends' Briefs for Lawson, Trumbo. Impact: The Supreme Court's refusal to allow 'friends' briefs in the Lawson and Trumbo cases inadvertently led to a new legal trend where friends just text their support instead. Thanks, technology!. Fact: In court, a 'friend of the court' is actually just a fancy term for someone who wants to butt in on the conversation..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1950, it would be worth $3,433,941 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1950, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1950, it would be worth $23,651,330 today (23651.3x return)