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 March 7, 1997
Full News Archive
- Headline: Cablevision Takes Control of Madison Square Garden. Impact: This deal set off a chain reaction where Cablevision's control over sports broadcasting in New York led to the rise of sports fandom, elaborate tailgating rituals, and more importantly, an explosion in overpriced nachos at games. Who knew that a $650 million deal would ultimately make the phrase 'I spent how much on a beer?' a rite of passage for sports fans?. Fact: Did you know that this acquisition also inadvertently led to the creation of 'Cablevision Sports Monopoly' as a board game? Spoiler: it includes free parking at Madison Square Garden for life!.
- Headline: Harvard Provost's Departure Sparks Concern. Impact: The departure of Provost Carnesale triggered a domino effect at Harvard, leading to a series of increasingly ridiculous administrative decisions, including an ill-fated attempt to appoint a new provost via TikTok. The quest for a new leader became a reality show, proving that academia can be just as entertaining as reality TV.. Fact: Ironically, Carnesale's move was cited in the Harvard syllabus as a case study for 'Why People Leave Good Jobs', alongside a section on how to convince your boss to let you take a sabbatical to travel the world..
- Headline: N.Y.U. Basketball Triumphs Over Jersey City. Impact: This basketball victory not only boosted NYU's morale but also inspired a generation of students to believe they could achieve anything—except, of course, winning a game against a Division I team. The ripple effect? An increase in NYU's student body applying for the basketball team despite never touching a basketball.. Fact: Fun fact: The defeat of Jersey City State was a pivotal moment that led to the invention of 'NYU Basketball Club', where students gather to discuss how to lose gracefully..
- Headline: Knicks Are in First Place, And Johnson Is Mr. Defense. Impact: Larry Johnson's defensive prowess not only secured the Knicks' place in the Atlantic Division but also sparked a national obsession with defense. In the years that followed, parents began insisting their children take defensive classes instead of offensive ones, leading to an era of cautious basketball.. Fact: Did you know that 'Mr. Defense' was actually a secret alias for Larry Johnson's alter ego, 'The Wall', who was rumored to have once single-handedly stopped a 7-foot player from scoring?.
- Headline: Swedish Company to Sell Air Brake Shares. Impact: This sale caused a minor tremor in the air brake industry, leading to a shortage of air brakes and an unintended spike in the popularity of the phrase, 'We brake for no one!' In the long run, it resulted in a national campaign for better safety regulations that ironically no one followed.. Fact: Did you know that the air brake share market was so thrilling that it inspired a series of suspense novels titled 'Brake for Danger'? Spoiler: they all ended with a twist involving faulty brakes..
- Headline: Backlog Threatens Immigrants With Benefits Loss. Impact: The immigration backlog served as a wake-up call for federal officials, ultimately leading to reforms that, while slow and painful, aimed to streamline the citizenship process. This event marked the beginning of a long, arduous path towards a more efficient immigration system—or so they said.. Fact: In an ironic twist, the only thing that moved faster than the immigration backlog was the rate at which memes about it spread on the internet. Welcome to the digital age!.
- Headline: Kendall's a Surprise, Norman Is Not, at Doral. Impact: Skip Kendall's unexpected lead at Doral put him on the map, leading to a sudden influx of aspiring golfers who thought they could replicate his success. Spoiler alert: most ended up just buying overpriced golf gear and developing a newfound appreciation for the sport from their couches.. Fact: Did you know that after this tournament, the phrase 'Kendall's a surprise!' became a popular expression among friends trying to downplay their own lack of talent at golf?.
- Headline: Peru Rebels Abandon Talks, Saying Police Are Plotting Assault. Impact: The abandonment of negotiations by the rebels escalated tensions in Peru and led to a series of conflicts that would shape political discourse for decades. Ironically, it also inspired a popular children's book series about peaceful negotiations that became a bestseller—clearly, fiction was more appealing than reality.. Fact: This event has been cited in numerous political science classes as the quintessential example of 'How Not to Negotiate', alongside a section on the benefits of chocolate as a peace offering..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1997, it would be worth $1,728,706 today (1728.7x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1997, it would be worth $2,315,839 today (2315.8x return)