Breakthroughs and everyday innovations from the year.
HEADLINES ON September 29, 1959
Full News Archive
- Headline: IRS Ruling on Business Convention Deductions. Impact: This ruling was the butterfly that flapped its wings, leading to the IRS developing a reputation for being the most feared government entity. It also inadvertently inspired countless accountants to don capes and declare themselves superheroes of tax deductions.. Fact: Did you know that the IRS once considered sending out tax refunds in candy form? Too bad they realized that would just lead to a lot of sweet-toothed audits..
- Headline: Lebanon Supports Suez Canal Exclusion. Impact: Lebanon's support for this action set off a chain of diplomatic debates that eventually led to UN meetings resembling an episode of 'Survivor' where alliances were constantly shifting and everyone was just trying to avoid being voted off the island.. Fact: Fun fact: The Suez Canal is not only a critical trade route, but it also serves as a metaphor for everything that goes wrong in international relations..
- Headline: Tensions Rise in Local 'Village'. Impact: The rising tensions in this village sparked a nationwide trend of 'neighborhood watch' programs, which mostly resulted in nosy neighbors staring out their windows and reporting suspicious squirrel activity.. Fact: Did you know that the term 'Karen' was actually inspired by a resident who called the police on a barbecue? Just kidding, but it does fit the theme..
- Headline: SCHOLARS TO HELP SAVE NILE RELICS; International Group Gathers in Cairo to Study Rescue of Temples From Dam. Impact: The efforts to save these ancient relics led to a multi-billion-dollar tourism industry around Egypt's historical sites, inadvertently causing local cats to become the unofficial guardians of the templesβbecause who can resist a cat in a pharaohβs hat?. Fact: Did you know that if you stack all the Nile relics saved from the dam, you could probably build a pyramid? Well, maybe a small one, but still..
- Headline: Pictures of Earth Are Transmitted by Satellite; SATELLITE SENDS EARTH'S PICTURE. Impact: The transmission of Earth's images by satellite marked the beginning of a thousand conspiracy theories about aliens and their obsession with Earth selfies, leading to the hashtag #EarthIsFlat trending in various circles.. Fact: Did you know that before satellites, people thought the world was flat because they just didn't bother to climb a tall mountain for a better view?.
- Headline: President Agrees Grandfathers, Though Top Officials, Are Softies. Impact: Eisenhowerβs heartwarming revelation about grandfathers led to a cultural shift where granddad jokes became a staple in family gatherings, paving the way for future generations to endure endless puns.. Fact: Did you know that every time a grandfather tells a dad joke, somewhere, a child rolls their eyes? It's a cosmic balance of humor..
- Headline: CITY USES DRUG SAID TO CAUSE DEAFNESS. Impact: The use of this drug raised eyebrows and conspiracy theories about government experiments, leading to a flurry of regulations that eventually caused a shortage of drugs that actually workβbecause, you know, priorities.. Fact: Did you know that the only thing worse than a drug that causes deafness is a drug that causes a bad haircut? But hey, at least you can still hear the judgment!.
- Headline: Leaders in New Realty Project. Impact: This new realty project became the catalyst for a nationwide obsession with home renovation shows, making 'flipping houses' a thing and ensuring that every homeowner would someday attempt a DIY project that would end in chaos.. Fact: Did you know that realty projects can sometimes lead to more drama than a soap opera? Especially when the neighbors get involved..
Wall Street Time Machine
JNJ
Johnson & Johnson
Johnson & Johnson - If you invested $1,000 in 1959, it would be worth $3,433,940 today (3433.9x return)
PG
Procter & Gamble
Procter & Gamble - If you invested $1,000 in 1959, it would be worth $586,657 today (586.7x return)
MO
Philip Morris
Philip Morris - If you invested $1,000 in 1959, it would be worth $23,651,341 today (23651.3x return)