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 November 26, 2002
Full News Archive
- Headline: States Face Severe Fiscal Crises. Impact: The fiscal crises led governors to make bold and reckless budget cuts, which eventually resulted in a nationwide obsession with coupon-clipping and DIY projects—because who needs public services when you can bake your own bread?. Fact: Fun fact: Some of those newly elected governors went on to become infamous for their 'creative' budgeting, like the one who funded state parks with lottery ticket sales. Talk about putting the 'fun' in 'funding'!.
- Headline: Goal Post Storming Incidents in Sports. Impact: The incidents of fans storming fields led to increased security measures at sporting events, which ultimately resulted in the invention of the goalpost cam, forever altering the way we watch sports—because nothing says 'I love this game' like watching it through a screen!. Fact: Did you know that the famous 'goalpost cam' was actually inspired by a fan who wanted a better view of the chaos? Now we have slow-motion replays of chaos instead of just chaos itself!.
- Headline: U.S. Fails to Curb Its Saudi Oil Habit, Experts Say. Impact: America's obsession with Saudi oil meant that years later, we were still arguing about renewable energy while sipping overpriced lattes at eco-friendly cafes. Irony? Oh, just a side effect of our oil addiction.. Fact: Fun fact: The U.S. reliance on Saudi oil has fueled more than just our cars; it’s also fueled countless conspiracy theories about why we can’t just use oil from the neighbor’s backyard..
- Headline: Market Place; S.E.C. Puts Data Disclosure In the Spotlight. Impact: The SEC's crackdown on selective information release sparked a new wave of corporate transparency—leading to the creation of a new reality show, 'Corporate Confessions'. Spoiler alert: it didn't last long.. Fact: Did you know that the fines levied were so high that Siebel Systems considered using Monopoly money? Turns out, it's less valuable than the fines!.
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)