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HEADLINES ON August 6, 1999
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- Headline: Key Legislative Deal Finalized by Lawmakers. Impact: This last-minute deal set off a chain reaction of legislative improvisation, causing future lawmakers to believe they could just wing it every year. As a result, some states now have 'Emergency Legislative Sessions' for the sole purpose of figuring out how to avoid their own incompetence.. Fact: It's said that the annual session of lawmakers is the only event where a group of people can collectively agree to do less than they did the previous year..
- Headline: F.C.C. WILL PERMIT OWNING 2 STATIONS IN BIG TV MARKETS. Impact: Allowing ownership of multiple TV stations in big markets led to a television landscape dominated by a few corporate giants. This is why you now need a PhD in 'Content Overload' just to navigate your streaming options in the year 2030.. Fact: The FCC's decision was like giving a kid two candy bars instead of one; they just couldn't help but overindulge, leading to a future where 'content' is now synonymous with 'chaos.'.
- Headline: Another Ruthian Feat by McGwire. Impact: Mark McGwire's home run milestones set off a steroid-fueled arms race in baseball, one that continues to echo in the sport today. Who knew smashing records would lead to smashing the integrity of the game?. Fact: McGwire's 500th home run was celebrated more fervently than most political milestones. Because, let's be honest, nothing screams 'American dream' quite like a guy hitting a ball really far..
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Apple - If you invested $1,000 in 1999, it would be worth $880,068 today (880.1x return)