AUGUST 25, 1932

Full News Archive

• Headline: Expansion of Community Recreation Areas. Impact: The creation of more recreation grounds led to a surge in frisbee-related injuries in the 21st century. Who knew that a simple park could become the epicenter of the great Frisbee Wars?. Fact: Recreation grounds were once places where people actually interacted face-to-face. Imagine the horror!.
• Headline: P.A.S. Franklin's Optimism in 1932. Impact: Franklin's proclamation about the world's improving situation inadvertently set off a chain reaction of optimism that led to overly optimistic stock market predictions, resulting in the infamous 'Dot Com Bubble'.. Fact: Optimism in politics is like a balloon at a kid's party: it’s great until it pops!.
• Headline: Hoover Honors Heroism with Medal of Honor. Impact: Hoover's decoration of Commander C.A. Jones inspired a bizarre trend of medal-giving that peaked in the 1980s when everyone from pizza delivery drivers to dog walkers started demanding medals for 'heroic service'.. Fact: The Medal of Honor was originally meant for battlefield heroism, not for delivering your large pepperoni on time!.
• Headline: A MOUNTAIN CELEBRATES.. Impact: The mountain's winter celebration sparked a trend in extravagant winter parties, leading to a decade of 'Mountain Retreats' that somehow became synonymous with overpriced hot chocolate and yoga.. Fact: Mountains were once just big rocks until we decided to throw parties on them. Now they're basically hipster cafes with a view!.
• Headline: COMPOSERS WIN RISE IN RADIO MUSIC FEES; Broadcasters End Long Dispute, Agreeing to Pay Percentage of Annual Receipts. $2,433,000 TAX INDICATED Three-Year License Calls for 3 to 5% Plus "Sustaining" Charge of $933,000. COST TO 310 STATIONS CUT Assessment on 100 Is Increased, Networks Bearing Biggest Burden Change Effective Sept. 1.. Impact: The resolution of the music fees dispute led to the modern era of streaming services, which now fund everything from cat videos to obscure indie films. Hooray for progress!. Fact: Radio stations paying music fees is just a nice way of saying, 'We can’t afford to play your mixtape.'.