OCTOBER 2, 2008

Full News Archive

• Headline: Exploring the Design of Human Anatomy. Impact: David Macaulay's guide inspired a generation of architects, leading to buildings that look like they were designed by children on a sugar high. Who knew blueprints could resemble a Lego set gone rogue?. Fact: Did you know that after reading Macaulay's work, several architects attempted to create a skyscraper entirely out of marshmallows? Spoiler alert: it didn't hold up..
• Headline: State Mortgage Unit Halts Discount Rates. Impact: This mortgage unit's decision to raise interest rates sparked a nationwide trend in housing anxiety, resulting in an increase in DIY home improvement shows featuring people crying over their credit scores.. Fact: Did you know that the average American spends 27% of their income on rent? The other 73%? Just staring at their bank accounts in disbelief..
• Headline: Crisis Puts Tax Moves Into Play. Impact: The financial bailout legislation's tax provisions became a template for future lawmakers, who realized that adding tax breaks is like putting sprinkles on a burnt cake—still burnt, but at least it looks appealing.. Fact: Fun fact: Most tax breaks are like that friend who promises to help you move but shows up with a pizza instead. Nice gesture, but not exactly what you needed..
• Headline: Buffett’s Bet on G.E.: Almost as Good as a Bailout. Impact: Warren Buffett's investment in G.E. sent shockwaves through Wall Street, leading to countless imitations of his investment strategy—most of which involved buying stocks in companies that still use flip phones.. Fact: Did you know that Buffett once ate a 5-pound bag of gummy bears in a single sitting? It’s true! Just like his investments, he goes all in!.