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HEADLINES ON September 1, 1998
Full News Archive
- Headline: New Jersey Property Tax Reform Proposals. Impact: If only the New Jersey property tax reform had worked perfectly, we might have avoided a future where people name their children after tax deductions. Alas, the butterfly flapped its wings, and we now have an entire generation of 'Deduction Juniors'.. Fact: Did you know that property taxes are so complex, they could rival a soap opera in plot twists? The only difference is that nobody actually cares about the characters..
- Headline: When Lightning Strikes, Lives Are Changed. Impact: Those who survive lightning strikes often become advocates for lightning safety, leading to a future where 'don't stand under trees' becomes a mandatory part of school curriculums. Who knew nature could inspire such bureaucracy?. Fact: Interestingly, being struck by lightning increases your chances of winning a game of lightning trivia. But really, who needs that kind of luck?.
- Headline: I.R.A. Denies Link to Bombing in Northern Ireland and Rejects Calls for Disarmament. Impact: This denial and rejection prolonged the conflict, leading to decades of tension that shaped modern Irish politics. The butterfly effect here is more like a dragonfly, flitting around and creating chaos in its wake.. Fact: The complexity of the Northern Ireland conflict is so convoluted that even the best historians sometimes just draw a flowchart and call it a day..
- Headline: For Aging Ocean Explorer, a New Life at New Depths. Impact: Alvin's upgrades could lead to groundbreaking discoveries in oceanography, potentially spawning a new generation of marine biologists who dream of underwater adventures instead of landlocked desk jobs. The ocean's secrets await!. Fact: Fun fact: Alvin has seen more of the ocean than most people have seen of their own backyards. It's a bit of a show-off, really..
- Headline: THE MARKETS: COMMODITIES. Impact: The spike in natural gas prices led to a future where people started hoarding it like it was the last piece of chocolate cake at a party. The chaos that ensued was almost as dramatic as a reality TV showdown.. Fact: Did you know that the only thing more volatile than natural gas prices is the mood of someone who just found out their favorite TV show was canceled?.
- Headline: First TV Ads From Ferraro Lead Senate Race Into the Final Heat. Impact: Ferraro’s ads created a frenzy in political marketing, leading to the modern age of attack ads and political memes. Now, every debate is just a contest of who can throw shade better.. Fact: Did you know that political ads are the only place where a 30-second video can contain more drama than a full season of a soap opera? Such talent!.
- Headline: Hong Kong Shifts Gears, This Time Trying Reverse. Impact: The market's plunge made analysts question their life choices, leading to a future where financial forecasting becomes a game of chance. Who needs predictions when you can just flip a coin?. Fact: Did you know that the Hong Kong stock market is like a rollercoaster? Thrilling, terrifying, and you just hope you don't lose your lunch (or your life savings)..
- Headline: School Work, Homework And Good Works in Chicago. Impact: Mandating community service led to a generation of students who think that a few hours of volunteering can offset their late homework. The future of altruism is now heavily reliant on grade points.. Fact: Did you know that students often consider community service a form of punishment? They might as well call it 'detention with a side of good karma'..
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)