Breakthroughs and everyday innovations from the year.
HEADLINES ON June 12, 1997
Full News Archive
- Headline: G.O.P. Changes Approach on Rent Legislation. Impact: Little did they know, this simple act of easing a stand on rent laws would set off a chain reaction leading to countless arguments over rent prices in coffee shops across Manhattan for decades to come. Who knew politicians could impact hipster rent debates?. Fact: The only thing more complicated than New York rent laws is trying to find a decent bagel outside of New York. Good luck with that!.
- Headline: New Leadership for New Jersey Democrats. Impact: This appointment was like rearranging deck chairs on the Titanic. While they were busy changing chairs, the ship of progress was still sinking. But hey, at least they had a new party chief to blame!. Fact: In New Jersey, the only thing more frequent than changing party leaders is the weather. Just pack an umbrella and a sense of humor!.
- Headline: Retreat by G.O.P. Brightens Prospects for Disaster Relief Bill. Impact: This retreat was the political equivalent of a toddler throwing a tantrum before finally agreeing to share their toys. It paved the way for more politicians to realize that compromise might actually be a thing. Shocking, right?. Fact: In politics, 'compromise' is just a fancy word for 'we both get something we don't want.'.
- Headline: Norman Cleaveland, U.S. Rugby Olympian, 96. Impact: Norman's passing marked the end of an era, but it also inspired a new generation of rugby enthusiasts who thought, 'If he can play rugby at 96, what’s stopping me?' - leading to an uptick in questionable decision-making in sports.. Fact: Rugby is one of the few sports where you can be tackled and praised for it at the same time. It's like an emotional rollercoaster!.
- Headline: A Highlight In a Career Of Highlights. Impact: Jordan scoring 38 points despite the flu was a pivotal moment, inspiring future generations to push their limits. This resulted in a surge of 'flu game' excuses in workplaces everywhere, with employees calling in sick to binge-watch Netflix.. Fact: Michael Jordan once scored 63 points in a playoff game. That’s like bringing a bazooka to a water balloon fight!.
- Headline: So Many Passions, All Right at Home. Impact: Dorothy Norman’s home became an inspiration for many artists and writers, leading to a wave of aspiring creatives attempting to transform their own apartments into 'artistic sanctuaries'—which typically ended with a trip to IKEA.. Fact: Decorating your home in an 'International style' usually just means you have more money than taste. Welcome to modern art!.
- Headline: Bridge. Impact: The success of players in the Bermuda Bowl led to a newfound respect for bridge, elevating it from the boring card game your grandparents play to the 'it' activity for hipsters looking for a new trend.. Fact: Bridge: the only game where shouting 'I bid three hearts!' is a completely acceptable social interaction..
- Headline: Sidney Silverstein, 70, Expert In Refurbishing Old Buildings. Impact: Sidney’s expertise in housing rehabilitation left a legacy of affordable housing options, but it also inadvertently sparked the trend of 'fixer-upper' shows on television, leading to homeowners everywhere thinking they could flip houses on weekends.. Fact: Refurbishing old buildings is a lot like dating: sometimes it’s just better to let go before you invest too much time and money..
- Headline: Nose Up, Chin Up, In a Room of His Own. Impact: Quentin Crisp's life and views on authenticity influenced countless individuals to embrace their true selves, leading to an influx of flamboyant characters in the arts and a sharp increase in glitter usage at parties.. Fact: Crisp once said, 'It’s not the cleanliness of the room that matters, but the messiness of the mind.' A motto to live by, especially for artists and procrastinators!.
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)