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 May 14, 1998
Full News Archive
- Headline: House Overturns Banking Regulations of the 30s. Impact: This one-vote margin opened the floodgates for financial conglomerates, leading to the 2008 crash. If only a few more folks had voted differently, perhaps we would all be bartering with goats instead of suffering through endless banking crises.. Fact: The House has more drama than a reality TV show. Who knew a single vote could make or break the economy?.
- Headline: Johanns' Surprising Gubernatorial Primary Victory. Impact: This upset victory of a moderate over conservatives turned the political landscape in Nebraska into a game of musical chairs. Fast forward a few years, and you find everyone still sitting on the edge of their seats, waiting for the next 'upset'.. Fact: In Nebraska, an upset isn't just a political win; it's also what they call a bad corn harvest..
- Headline: Pakistan's Nuclear Threat to World Powers. Impact: The demand for isolation of India led to a nuclear arms race that is still giving us anxiety attacks today. Who knew that a neighborly dispute could escalate into a game of nuclear chicken?. Fact: It's funny how neighborly disputes escalate; one minute you’re borrowing sugar, the next you’re discussing nuclear deterrents..
- Headline: Second Group Weighs a Bid For Polygram. Impact: This potential bid for Polygram is a reminder that the music industry is just like high school: everyone's trying to be part of the cool crowd, and occasionally, someone gets left out in the cold.. Fact: Polygram's name sounds like a fancy candy, but it’s actually just a bunch of music execs fighting over who gets to sell the next big pop hit..
- Headline: Design Notebook; The Twain Not Only Meet, They Collaborate. Impact: The collaboration between a furniture designer and an architect is a reminder that sometimes the oddest partnerships yield the most interesting outcomes. Who knew design could be so... eclectic?. Fact: When designers and architects collaborate, it’s like a ‘Design Avengers’ team-up – but with less action and more fabric swatches..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1998, it would be worth $2,234,025 today (2234.0x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1998, it would be worth $914,661 today (914.7x return)