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HEADLINES ON June 13, 2012
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- Headline: Dimon Addresses Trade Risks in Senate Hearing. Impact: When Jamie Dimon downplayed trade risks, he inadvertently encouraged a generation of bankers to believe they could ignore economic fundamentals. This led to a decade of risky decisions, resulting in an era where financial literacy became a niche market for hipster cafes.. Fact: Did you know that the Senate Banking Committee has been around since the dawn of time, or at least since the 1930s? They still haven't figured out how to bake a cake without a recipe..
- Headline: Microstamping Legislation Faces Opposition. Impact: The stalled microstamping legislation created a loophole where criminals could thrive while law-abiding citizens were left scratching their heads. It also led to a thriving black market for DIY stamping kits that were advertised on late-night TV.. Fact: Did you know that in some states, you can get a dealer's license for a hotdog cart faster than you can get a permit to microstamp a bullet? Priorities, right?.
- Headline: Campaign Finance in the 2012 Election. Impact: The frantic fundraising of 2012 set the stage for future elections where money became the sole determinative factor in political success. Politicians now have to hire professional fundraisers instead of focusing on, you know, actual issues.. Fact: Did you know that if you stacked all the campaign donations from 2012 end to end, they would reach the moon? That's the only place they could go to escape the reality of their policies..
- Headline: Motherhood Still a Cause of Pay Inequality. Impact: While the Paycheck Fairness Act aimed to address wage gaps, it also unintentionally led to the creation of a popular meme format where women are depicted in humorous ways explaining why they earn less. Thanks for the laughs, but no thanks for the pay raises.. Fact: Did you know that a woman’s pay is often compared to a unicorn? Rarely seen, but everyone believes they exist somewhere out there, just not in the office!.
- Headline: Hard Choices, Same as They Ever Were. Impact: The play 'Rapture, Blister, Burn' sparked a wave of discussions about the choices women make between career and family, ultimately leading to a 21st-century phenomenon where women began to start TikTok accounts dedicated to the art of multitasking.. Fact: Did you know that the career versus marriage debate has been around since the caveman days? Back then, they just fought over cave paintings instead of paychecks..