Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON July 15, 1986
Full News Archive
- Headline: Fannie Mae's Tax Battle with the I.R.S.. Impact: If Fannie Mae had won that tax case, the IRS might have been so busy celebrating that they forgot about enforcing tax laws altogether. Imagine a world where tax evasion was the norm, leading to a dystopian society where we all barter with fruit instead of cash. Thanks, Fannie!. Fact: Did you know that the IRS once took up a case against a man who tried to claim his pet goldfish as a dependent? Spoiler alert: the fish did not qualify..
- Headline: Intelsat's Market Dominance Challenges Competition. Impact: The struggle against Intelsat was so fierce that it inspired a secret society of satellite enthusiasts who believed they could outcompete government-backed organizations. The ensuing battle led to the invention of the first amateur satellite, which ultimately just streamed cat videos.. Fact: Fun fact: Intelsat was formed during the Cold War, partly to ensure that no one could send cat memes globally without permission. Because that's what really matters in times of international tension..
Wall Street Time Machine
MCD
McDonald's
McDonald's - If you invested $1,000 in 1986, it would be worth $154,145 today (154.1x return)
AAPL
Apple
Apple - If you invested $1,000 in 1986, it would be worth $3,574,639 today (3574.6x return)
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1986, it would be worth $8,149,367 today (8149.4x return)