Breakthroughs and everyday innovations from the year.
HEADLINES ON November 21, 1998
Full News Archive
- Headline: The Exoneration Debate of Clinton's Presidency. Impact: The endless debate over 'exoneration' set in motion a chain reaction of legal jargon, leading future politicians to create even more convoluted definitions of truth, eventually resulting in everyone just agreeing to disagree on everything.. Fact: Did you know that by the time the dust settled, 'exoneration' was so broadly defined that it could also apply to that time you claimed you didn't eat the last piece of pizza?.
- Headline: Starr's Testimony Lacks Public Impact. Impact: Starr’s unimpressive performance at the House Judiciary Committee inspired future generations of public speakers to aim lower, leading to a phenomenon where mediocrity became the new standard in political discourse.. Fact: Fun fact: Polls are just like high school popularity contests, except the stakes are a little higher than who gets to sit at the cool kids' table..
- Headline: Baghdad Halts UN Arms Inspections. Impact: Iraq's defiance sparked a series of diplomatic mishaps that led to the development of new international protocols, which ironically became the rulebook for how not to negotiate with a stubborn toddler.. Fact: Did you know that this event is often cited as the moment when diplomacy realized it needed a vacation from reality?.
- Headline: Tetsuya Fujita, 78, Inventor of Tornado Scale. Impact: Fujita's passing left a void in the meteorological world, which ultimately led to the creation of a reality TV show where storm chasers became instant celebrities, proving that disaster can indeed be lucrative.. Fact: Interestingly, the Fujita scale was originally going to be called the 'Tornado Intensity Indicator,' but they decided that sounded too much like a kitchen appliance..
- Headline: GERMAN DEAL SEEN FOR NO. 8 U.S. BANK. Impact: This acquisition initiated the trend of foreign banks dominating American sectors, eventually resulting in a world where your life savings might be managed by a bank that also sells bratwurst.. Fact: Did you know that this deal was the financial equivalent of a German tourist buying an entire American diner? 'I'll take the side of fries and the bank, please!'.
- Headline: Steinbrenner Is Said to Be Close To Sale of Yankees to Cablevision. Impact: The sale of the Yankees to Cablevision ushered in a new era of sports ownership, where profits became more important than the game, ultimately inspiring the creation of the phrase: 'Let's just watch the commercials, shall we?'. Fact: Did you know that this deal nearly fell apart over a dispute about who would get to play the national anthem at games? Apparently, it was a hotly contested gig..
- Headline: Four More Witnesses Called For Impeachment Inquiry. Impact: The ongoing impeachment inquiry became a template for political drama, paving the way for future investigations that would resemble reality TV more than actual governance.. Fact: Fun fact: The inquiry’s plot twists were so captivating that it inspired countless political thrillers, proving that fiction truly is stranger than real-life politics..
- Headline: About New York; Once Makers, Now Students Of History. Impact: This article highlighted the importance of lifelong learning, creating a ripple effect that inspired retirees everywhere to enroll in classes, and thus inadvertently turning local universities into retirement homes with better Wi-Fi.. Fact: Did you know that the retirees at Quest often argue about who gets to teach the opera class? Spoiler: it’s always the one who can hit the highest note..
- Headline: STARR ETHICS AIDE QUITS TO PROTEST HOUSE TESTIMONY. Impact: Dash’s resignation sent shockwaves through the ethics community, sparking a movement for accountability that made future politicians think twice before appointing their friends to sensitive positions.. Fact: Ironically, Dash thought he could quit his way out of the ethical quagmire, only to discover that it’s a bit like trying to escape a sticky situation by jumping into a pool of syrup..
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)