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 March 31, 2009
Full News Archive
- Headline: The Shift in Contractual Agreements. Impact: By allowing contracts to be rewritten, future generations of workers will struggle to understand the concept of job security, leading to a rise in side hustles and the eventual invention of the gig economy—because who wouldn’t want to juggle three jobs just to pay rent?. Fact: Contracts are like relationships: they can be rewritten, but that doesn’t mean it’s a good idea. Just ask any divorce lawyer!.
- Headline: G.M. Bondholders' Crucial Role Revealed. Impact: The bondholders’ aggrieved voices became the soundtrack of corporate bailouts, paving the way for a future where every financial crisis is accompanied by a sad violin—cue the world's smallest violin for the bondholders!. Fact: Bondholders and workers are like cats and dogs—one always seems to think they're more important than the other, especially when money is involved..
- Headline: GM's Future in Question Amidst Reforms. Impact: Obama's foresight about G.M.'s future led to a long-standing debate about capitalism and its consequences, resulting in a rise in 'I told you so’ memes years later, proving that hindsight is 20/20, especially in the corporate world.. Fact: The phrase 'too big to fail' was later rephrased to 'too big to succeed' as companies mastered the art of making bad decisions at an epic scale..
- Headline: Albany’s Big 3 Is Cut to One as Silver Flexes Might. Impact: Sheldon Silver’s rise to power made politics in Albany resemble a game of musical chairs, where the music never stops and no one knows who’s actually in charge—except for the guy who keeps winning.. Fact: When it comes to political power plays, Albany is like a soap opera, complete with plot twists and characters nobody really cares about but somehow can’t stop watching..
- Headline: For Injured Workers, a Costly Legal Swamp. Impact: The dysfunction of the Workers’ Compensation Board set a precedent for legal nightmares, leading to a future where lawyers became the most sought-after life coaches—because who doesn’t want a professional to navigate the swamp of bureaucracy?. Fact: Injured workers often joke that their compensation process is like a roller coaster, but without the fun and more paperwork than a college thesis..
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2009, it would be worth $220,288 today (220.3x return)