Monday, August 31, 2015

Today in 1950 - TWA Flight 903 Crashes in Ciaro




August 31, 1950

TWA Flight 903 Crashes in Ciaro



As Flight 903 was climbing at 10,000 ft (3,000 m), the crew reported that its number three engine was on fire and that they needed a priority return to Cairo. As the plane was returning to Cairo, the engine separated from the aircraft, forcing the crew to attempt a forced landing in the desert about 65 miles NNW of Cairo. The airliner went down near the village of Ityai el Barud at the rim of the Western Desert, killing all 55 on board, including twenty-three Americans and an Egyptian film star.

After an intensive investigation, the probable cause of the crash was cited to be failure of the rear master rod bearing on the number three engine. The failure caused the rear crankpin to overheat and fail, whereupon all the rear connecting rods failed, tearing through the cylinder walls and crankcase. In the process, oil lines were torn open, which caused the fire. Sludge buildup in the crankpins, blocking oil flow was thought to be the root cause, which resulted in improved oil screens and the implementation of a crankpin plug, as well as revised oil change intervals.

Born in 1950? 
Then congratulations on entering the world of Medicare.  Like to know more

Friday, August 28, 2015

Today in 1950 - Soical Security for the Self-Employed



August 28, 1950

Soical Security for the Self-Employed




U.S. President Truman signed into law a bill that made 10,000,000 people (self-employed businesspersons, domestic servants and farm workers) eligible for Social Security retirement. A gradual increase federal payroll tax (at the time 1.5%) would go into effect in 1951 and be tripled by the year 1970. The average monthly benefit ($26) was increased to $46 effective October 1. Old-age coverage was extended and made optional for state and city government employees, including those of publicly owned transit systems, as well as employees of non-profit organizations.

The Social Security Act was enacted August 14, 1935. The Act was drafted during President Franklin D. Roosevelt's first term by the President's Committee on Economic Security, under Frances Perkins, and passed by Congress as part of the New Deal. The Act was an attempt to limit what were seen as dangers in the modern American life, including old age, poverty, unemployment, and the burdens of widows and fatherless children.

The Act provided benefits to retirees and the unemployed, and a lump-sum benefit at death. Payments to current retirees are financed by a payroll tax on current workers' wages, half directly as a payroll tax and half paid by the employer. The act also gave money to states to provide assistance to aged individuals (Title I), for unemployment insurance (Title III), Aid to Families with Dependent Children (Title IV), Maternal and Child Welfare (Title V), public health services (Title VI), and the blind (Title X).

Born in 1950? 
Then congratulations on entering the world of Medicare.  Like to know more

Thursday, August 27, 2015

Today in 1950 - Roger Rabbit (voice) Born



August 27, 1950

 Roger Rabbit (voice) Born



Charles Fleischer (born August 27, 1950) is an American stand-up comedian, actor, writer, and musician, known for appearing in films such as A Nightmare on Elm Street, Who Framed Roger Rabbit, Back to the Future Part II, The Polar Express, Rango, and We're Back! A Dinosaur's Story.

Fleischer was born and raised in Washington, D.C.. He attended Southampton College of Long Island University and studied acting at Chicago's Goodman Theatre. Fleischer has written a science paper regarding the nature of gamma ray bursts that appears on the Cornell University Library website.

Fleischer is best known as the voices of Roger Rabbit, Benny the Cab, Greasy, and Psycho in Who Framed Roger Rabbit. After the film's success, he continued to perform the voice of Roger in several Disney television and theme park appearances at several of the Walt Disney Parks and Resorts, and in three follow-up short subjects to the original film.

Born in 1950? 
Then congratulations on entering the world of Medicare.  Like to know more

Wednesday, August 26, 2015

Today in 1950 - Yours Grandfathers Oldsmobile founder Dies



August 26, 1950

 Your Grandfather's Oldsmobile founder Dies

Ransom E. Olds, 86, American automotive pioneer who founded the Oldsmobile and REO Motor Car Company.

Oldsmobiles were first manufactured by the Olds Motor Vehicle Co. in Lansing, Michigan, a company founded by Ransom E. Olds in 1897. In 1901, the company produced 425 cars, making it the first high-volume gasoline-powered automobile manufacturer. Oldsmobile became the top selling car company in the United States for a few years; Ransom Olds left the company in 1904 because of a dispute and formed the REO Motor Car Company.

Originally the company was to be called "R. E. Olds Motor Car Company," but the owner of Olds' previous company, then called Olds Motor Works, objected and threatened legal action on the grounds of likely confusion of names by consumers. Olds then changed the name to his initials. Olds Motor Works soon adopted the popular name of its vehicles, Oldsmobile (which, along with Buick and Cadillac, became founding divisions of General Motors Corporation)

Born in 1950? 
Then congratulations on entering the world of Medicare.  Like to know more