Today in History – October 29

1929 – The New York Stock Exchange crashes in what will be called the Crash of ‘29 or “Black Tuesday,” ending the Great Bull Market of the 1920s and beginning the Great Depression. Leads to the election of a dimmocrat president and the massive expansion fo the federal government. Seconds, anyone?

1945 – The first commercially-made ballpoint pens went on sale — at Gimbels Department Store in New York City. The pens sold for $12.50 and racked up a tidy profit of $500,000 in the first month!

1966 – The National Organization for Women (NOW) was formed. An alternative name, the “National Association of Gals” (NAG) doesn’t make the cut. It gives homely women a way to appear meaningful in mainstream society.

1969 – The first-ever computer-to-computer link is established on ARPANET, the precursor to the Internet.

1998 – Space Shuttle Discovery blasts off on STS-95 with 77-year old John Glenn on board, making him the oldest person to go into space. Senator Glenn is an excellent example of heroism in younger years NOT translating to wisdom in later years.

5 thoughts on “Today in History – October 29”

  1. “1969 – The first-ever computer-to-computer link is established on ARPANET, the precursor to the Internet.” — You forgot to credit Al Gore!

  2. I remember well the first ball point pens, they skipped like hell, Not like todays pens which slowly fade out as the ink runs dry.

  3. Ah yes, 1945. Back in BC, when $500,000 was actually $500,000. BC? Before Carter. We’ve now passed through BO. Something sure stinks around here…

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