I note, in "CRTA Contact" magazine, that it is the California Retired Teachers Association's 80th anniversary. That means that the organization began in 1929, the year the Great Depression began. An article in the mag. notes that a retired teacher received a maximum pension of $500 a year at that time. I'm proud to note that I receive a bit more than that a month! In an accompanying article we are reminded that our pension fund has lost a third of its value since this past fall.
I quote a section from this issue of the CRTA mag. called "Remembering 1929:"
~ Herbert Hoover was president of the United States
~ US population reached 120 million (over 300 million today)
~ Dow reached a peak of 381.17 on September 3rd, prior to the slide and eventual Wall Street crash in October
~ Cost of a first-class stamp was 2 cents (now we don't even use a cent sign)
~ Bread cost 10 cents (for a good size loaf)
~ Popeye, a comic strip character created by Elzi Crisler Segar, made his debut
~ Academy Awards, popularly know as the Oscars, were started
~ 'The Broadway Melody' became the first major musical film of the sound era
~ The soft drink 7-Up was invented by Charles Leiper Grigg
~ The first car radio was made by Motorola
~ Sir Alexander Fleming discovered Penicillin
~ The first public phone booths appeared in London.
Since last I posted - Lots of activity has kept me away from my blog. To sum things up: we've moved from our home of the past 25+ years and have moved to a new retirement communit...
1 year ago