OCTOBER 28, 2010

Full News Archive

• Headline: Homeowners Rally Against Foreclosure Errors. Impact: As homeowners fought against foreclosures, a rogue band of lawyers emerged, launching a lucrative career in helping people navigate the confusing legal waters. This led to the rise of the 'foreclosure defense' industry, which eventually inspired a reality TV series, 'Law & Order: Home Edition.'. Fact: Did you know that the phrase 'no one double-checks anything' is also the motto of every bank during a financial crisis?.
• Headline: Europe's Budget Crisis: Tax Shortfalls Impact Recovery. Impact: As Europe trembled over tax shortfalls, a secret society of accountants emerged, plotting to bring back the gold standard. This bizarre twist of fate led to a resurgence of gold mining, making pickaxes cool again.. Fact: Fun fact: 'tax shortfalls' is just a fancy way of saying 'we spent too much on fancy coffee and can't afford rent.'.
• Headline: Housing Crisis and Debt in Spain. Impact: The debt crisis in Spain led to an underground movement where people began bartering with churros and flamenco lessons instead of actual currency. This bizarre economic shift sparked a new trend in alternative currencies.. Fact: In Spain, 80% of people believe that if you owe money, it’s perfectly okay to just blame the bank and walk away. It's like a game of financial hot potato!.
• Headline: Treasury Links Foreclosure Ills to Lower Housing Prices. Impact: The link between foreclosure and housing prices caused a nationwide panic, pushing homeowners to start planting gardens and raising chickens, thus inadvertently launching the urban homesteading movement.. Fact: The Obama administration’s housing policy is a bit like a bad relationship: it promises a lot but often leaves you with empty promises and a pile of legal paperwork..
• Headline: In Icy Tip of Afghanistan, War Seems Remote. Impact: The remote Wakhan Corridor became an unlikely tourist destination for thrill-seekers looking for 'war-free' zones. This unintentionally sparked a niche travel industry that thrived on irony.. Fact: Did you know that the Wakhan Corridor is so remote, even Google Maps sometimes throws its hands up in despair and just says, 'Good luck, buddy!'?.