OCTOBER 4, 2011

Full News Archive

• Headline: Fannie Mae's Early Knowledge of Foreclosure Abuses. Impact: Fannie Mae's negligence set off a chain reaction leading to the 2008 financial crisis. If they had acted sooner, we might have dodged a recession, but then we wouldn't have had the excitement of watching the economy crash in real-time. Thanks, Fannie!. Fact: Fun fact: The 2008 financial crisis is often referred to as the worst economic disaster since the Great Depression. So, you know, no pressure on Fannie Mae for their next big move..
• Headline: Exotic Dinner and Dark Comedy Unveiled. Impact: Rapp's dark comedy about the rich became a social commentary that inspired a new wave of playwrights to explore the absurdities of wealth and privilege. This eventually led to the invention of the 'rich people problems' meme, which has entertained millions and made us all feel a bit better about our own lives.. Fact: Did you know that a play about rich people being terrible was actually the inspiration for a reality show? Yup, because nothing says 'entertainment' like watching the elite squabble over yacht sizes..
• Headline: Foreign Aid Set to Take a Hit in U.S. Budget Crisis. Impact: The cuts to foreign aid sparked debates that led to a resurgence of global awareness, but not the good kind. Politicians arguing about the budget became a staple in public discourse, ultimately inspiring future generations to roll their eyes at political debates for decades to come.. Fact: Did you know that 'smart power' is just a fancy term for trying to look good while doing bad things? It's like putting a bow on a dumpster fire..
• Headline: After Ruling, Hispanics Flee an Alabama Town. Impact: The exodus of Hispanics from Albertville signaled a larger trend of fear and displacement, which ultimately transformed the social landscape in America. This event sparked a series of discussions about immigration that continues to polarize the nation—kind of like pineapple on pizza.. Fact: Did you know that Alabama's strict immigration law was so severe, it practically made you think twice about ordering tacos? Because who knew food could be a political statement?.