JUNE 16, 1966

Full News Archive

• Headline: City University Expansion Proposed. Impact: The expansion of City University is the butterfly that flapped its wings, leading to the eventual invention of student debt. Future generations would look back and wonder why they didn't just become baristas instead.. Fact: Did you know that every time a university expands, a coffee shop opens nearby? It's a law of nature, or maybe just a law of economics..
• Headline: Tuttle Receives Honorary Degree at CCNY. Impact: Tuttle's honorary degree moment inspired a wave of motivational speeches that somehow managed to make no one feel motivated at all – a real masterclass in irony.. Fact: Honorary degrees are like participation trophies for adults. Everyone gets one, but no one really knows what it means..
• Headline: Jersey Senate Rejects Stock Tax Amendment. Impact: The Jersey Senate's decision not to tax stock exchanges led to the wild proliferation of hedge funds, which ultimately resulted in the 2008 financial crisis. So basically, thanks for that, Jersey.. Fact: When you think of Jersey, you probably think of the shore, but don't forget about the 'shore' of cash flowing into Wall Street thanks to tax-free shenanigans..
• Headline: WILSON CRUSHES LABORITE REVOLT; Foes of Military Presence in East Beaten Decisively. Impact: Wilson's decisive action against the Laborite revolt ensured that future politicians would feel empowered to crush dissent—because nothing says democracy like a well-timed military presence.. Fact: History shows us that when politicians say 'mastery,' they often mean 'let's make sure nobody disagrees with us.'.
• Headline: U.S. Offers to Pay For Border Watch Asked by Cambodia; CAMBODIA PATROL SUPPORTED BY U.S.. Impact: The U.S. paying for Cambodia's border watch set a precedent for international bribery—oops, I mean 'aid'—that would echo through the corridors of diplomatic history.. Fact: When the U.S. offers to pay for something, it's usually because they want something in return. It's like a really expensive dinner date..
• Headline: Jewel Votes Rise in Shares And a Change in Its Name. Impact: Jewel Tea Co's name change and rise in shares were the first signs of future companies realizing that branding is everything. This led to a world where companies spend more on marketing than on actually making a decent product.. Fact: Changing a company name is often seen as a fresh start, but it usually just means they’re hoping you forget about their past mistakes..
• Headline: Morhouse Gets 2 to 3 Years in S.L.A. Bribery; Ex-Chief of State G.O.P. Is Jailed Pending Appeal Scotti, Prosecutor, Calls Him an Influence Peddler MORHOUSE GIVEN 2-TO-3-YEAR TERM. Impact: Morhouse's bribery conviction led to increased scrutiny of political influencers, ultimately causing a decline in trust in government that persists to this day. Way to go, Morhouse!. Fact: Bribery in politics is like a reality show—everyone's doing it, but nobody wants to admit it, and the ratings are through the roof..
• Headline: LIBRARY UNIT GOING TO ROOSEVELT FIELD. Impact: The Nassau Library System's move to Roosevelt Field is the moment when libraries decided they needed to compete with shopping malls for foot traffic. Spoiler alert: they still lost.. Fact: Libraries moving into shopping centers is like the nerdy kid trying to fit in with the cool kids—awkward, but at least there's free Wi-Fi..