JULY 2, 1933

Full News Archive

• Headline: Ending Slums: A Vital Community Initiative. Impact: This initiative to eradicate slums sparked a butterfly effect leading to modern gentrification, where hipsters now sip artisanal lattes in what was once a blighted neighborhood. Thanks to zoning, we now have overpriced lofts where the only thing blighted is your bank account.. Fact: In the 21st century, people often pay thousands of dollars just to live in places that were once considered slums. Nothing says 'progress' like fancy coffee shops in formerly dangerous neighborhoods!.
• Headline: Construction Codes & Recovery Loans Rush. Impact: The rushed codes led to an explosion of regulations that would take decades to untangle. Future generations would find themselves drowning in red tape, all because someone couldn't wait for a proper meeting to discuss it.. Fact: If you thought bureaucracy was a modern problem, think again! This is just the beginning of a long saga of ‘let's complicate everything’ that continues to this day..
• Headline: LONDON NEWSPAPERS PUSH SALES BATTLE; Valuable Gifts and Canvassers of Four Journals Cost More Than u50,000 a Week.. Impact: This sales battle ignited a media frenzy that led to the birth of sensational journalism and the phrase ‘fake news.’ Thanks a lot, newspapers, for paving the way for every conspiracy theory out there!. Fact: In the age of information, it turns out that no one wants to pay for news anymore. But hey, at least we still have cat videos!.
• Headline: FLATIRON BUILDING MADE HISTORY HERE; Skyscraper of 31 Years Ago Was First in City to Be Built on Steel Frame. ITS EFFECTS WERE FEARED Neighbors Asserted It Increased Force of Winds -- Once Called 'Architectural Monstrosity.' FLATIRON BUILDING MADE HISTORY HERE. Impact: This building’s construction challenged architectural norms and set the stage for the skyline wars of the future. If it weren’t for the Flatiron, we might still be living in a world of boring boxy buildings. Thank you, architectural monstrosity!. Fact: Now a beloved landmark, the Flatiron Building was once so controversial that it could have been voted off the island... if only New York had islands to spare!.
• Headline: CALIFORNIA'S VOTE REBUFF TO ROLPH; 350,000 Majority Is Given to Race Track Betting Bill He Vetoed. SURPRISE FOR GOVERNOR Heeded Urgings of W.R. Hearst -- Large Vote on Prohibition Also a Feature. CALIFORNIA'S VOTE REBUFF TO ROLPH. Impact: This rejection of the governor’s veto opened the floodgates for gambling legislation, eventually paving the way for today’s mega-casinos and the birth of the phrase 'You can’t win if you don’t play!'. Fact: California voters have a history of saying 'no' to their governors, which probably explains why they now have a former bodybuilder as a governor. Just saying!.
• Headline: STEADYING' HAILED AS DOLLAR EASES; Plan for Federal Reserve and European Banks Is Met by Approval Here. SPECULATION IS DECRIED Orderly Market, Governed by Natural Trade, Is Hoped For, Says a Banker. STEADYING' HAILED AS DOLLAR EASES. Impact: This attempt to stabilize the dollar became the foundation for the financial systems we know today, which just goes to show that sometimes trying to ‘steady’ things can lead to an economic rollercoaster. Buckle up, folks!. Fact: Irony alert: The very banks trying to stabilize the economy are the same ones that can’t seem to keep up with your coffee purchases. Welcome to modern finance!.
• Headline: ROCKEFELLER CITY LOSES LIEN SUIT; Appellate Division in a Test Case Rules Bond Cannot Be Filed After Claim. COURT IS DIVIDED 3 TO 2 Further Appeal to Be Taken to Get Final Construction of New Building Law.. Impact: This court ruling spiraled into a labyrinth of legal precedents that would confuse lawyers for generations. The sheer number of appeals created a whole new genre of legal thrillers. Thanks, bureaucracy!. Fact: If you think this was just a legal battle, think again! It’s the prequel to every courtroom drama where the 'good guys' always seem to lose..
• Headline: RATIFIES CHILD LABOR LAW; Illinois Is Fourteenth State to Act on Federal Amendment.. Impact: This ratification marked a significant step towards protecting children, setting the stage for future labor laws that would eventually lead to the abolishment of child labor. History often requires a few bumps before it gets smooth.. Fact: It’s hard to believe, but there once was a time when children were expected to work instead of being glued to their screens. Talk about a time warp!.