Bernard Madoff is arrested and charged with securities fraud in a $50 billion Ponzi scheme.
Famous Words of Inspiration..."We should enact an 'e' tax. Government agents would roam the country looking for stores whose names contained any word that ended in an unnecessary 'e,' such as 'shoppe' or 'olde,' and the owners of these stores would be taxed at a flat rate of $50,000 per year per 'e.' We should also consider an additional $50,000 'ye' tax, so that the owner of a store called 'Ye Olde Shoppe' would have to fork over $150,000 a year. In extreme cases, such as 'Ye Olde Barne Shoppe,' the owner would simply be taken outside and shot."