DECEMBER 27, 2011

Full News Archive

• Headline: Television Prices Plummet: Market Dynamics Explored. Impact: As TV prices fell, consumers suddenly had more disposable income, leading to a rise in reality TV shows. Thus, the world was gifted with more 'real' drama, which ironically was less real than the price of the TVs that birthed it.. Fact: Did you know that the average person can now buy a TV for less than the cost of a monthly subscription to a streaming service? Who knew capitalism could be so generous?.
• Headline: Concerns Over Foreign Account Tax Compliance Act. Impact: The uproar over the Foreign Account Tax Compliance Act led to a global game of hide-and-seek with tax evaders, resulting in offshore banking becoming the new hipster trend. 'I only bank in the Caymans' became the slogan of the decade.. Fact: Fun fact: The only thing more complicated than tax laws is trying to explain them to your accountant without crying..
• Headline: New Guidance on Drug Testing Partnerships. Impact: As new drugs became tied to testing, pharmaceutical companies turned their focus to absurdly niche medical conditions, leading to the creation of treatments for ailments like 'fear of avocado toast.'. Fact: Did you know that the average American can name more side effects of medications than they can names of their own relatives? Thanks, FDA!.
• Headline: In China, Power in Nascent Electric Car Industry. Impact: China's electric car boom led to a global race for sustainable energy, which accidentally sparked a trend in hipster cafes serving only organic, ethically-sourced, electric car-themed lattes. Sustainability never tasted so good!. Fact: Did you know that in China, you can buy an electric car that has more features than most smartphones? So technically, your car could be smarter than you..
• Headline: Economic Downturn Took a Detour at Capitol Hill. Impact: The stark financial divide highlighted on Capitol Hill became the inspiration for a new reality show, 'Congressional Cribs,' showcasing lawmakers living in lavish homes while the public struggles to keep the lights on.. Fact: Did you know that the average Congressional paycheck could feed a small village for a month? But hey, priorities!.