Here are some one liners...
Defending Your Life -- Eugenics update with Geroge bernard Shaw suggesting we gas the dead weight (that is, people).
TILT! It's a Pin Ball Machine... Almost -- It is an early version. I talk about my video game programming efforts.
The Hoover Moratorium -- The economists were right. Hoover was wrong.
Notable Births -- Mikhail Gorbachev, Boris Yeltsin, Raúl Castro, Rupert Murdoch, Rip Torn, William Shatner, Leonard Nimoy, James Earl Jones, Dan Rather
In Other News -- Al Capone is found guilty of tax evasion. Dracula and Frankenstein are released! The Empire State Building is completed. The George Washington Bridge is opened.
Defending Your Life
- I have studied with great interest the laws of several American states concerning prevention of reproduction by people whose progeny would, in all probability, be of no value or be injurious to the racial stock.
- -- Otto Wagener, advisor to Adolf Hitler and future head of the SS Race and Settlement Office. 
TILT! It's a Pin Ball Machine... AlmostBaffle Ball is called a "pin board" game. There are no flippers, no bumpers. Scoring is on the honor system. It is 10 balls for a penny. You pop the ball onto the table by pulling back on the spring-loaded handle. The ball moves across the table, hits various pins and falls into baskets. "Tilting" is allowed. Two companies in Chicago are producing these games at $17.50 each or $20 with the metal stand. (That is well over $300 in 2015 dollars.) The companies will deliver over 50,000 machines. David Gottlieb is behind the two companies and he will produce bowling games and later video games such as Q*bert.   
The Hoover MoratoriumRemember those 1,000 economists who warned President Hoover that the tariff and subsidy scheme was going to bite him in the backside sooner or later? Well... it's sooner. It has become clear that the nations that borrowed money from the United States during World War 1 will not be able to make further payments on their loans. (That is called defaulting on the loan.) Of course this leaves the United States holding the bag. President Hoover has called for a year-long moratorium on payments without accumulating any interest. While some nations love this idea, France does not. By December, Congress will approve the Moratorium but it's not going to help. Europe's economy is slipping into oblivion. The UK has decided to abandon the gold standard. The USA is not far behind. 
- Mikhail Gorbachev (Living): Last leader of the Soviet Union. 
- Boris Yeltsin: First President of the Russian Federation after the Soviet Union fell apart. 
- Raúl Castro (Living): The communist President of Cuba after his brother, Fidel, retired for health reasons. 
- Rupert Murdoch (Living): CEO of News Corp and Fox News. 
- And in Entertainment...
- -- Rip Torn (Living): Zed in "Men in Black" and the defense attorney in "Defend your Life". 
- -- William Shatner (Living): Captain Kirk of the original "Star Trek", and the star of several TV series. 
- -- Leonard Nimoy: Mr. Spock of the original "Star Trek", and a recurring character on "Fringe".
- -- James Earl Jones (Living): The voice of Darth Vader in "Star Wars", Mufasa in "The Lion King", and roles in "Coming to America", "The Hunt for Red October", "Field of Dreams" and more.
- -- Dan Rather (Living): CBS News reader. I find it difficult to call him a journalist. 
- **Note: (Living) means they were alive when I checked on 2017-Jan-15.
In Other News
- Al Capone is found guilty of tax evasion. Selling bootleg booze and shooting people in the streets is OK, but if you don't pay your taxes you are going to prison. Lesson learned. 
- Dracula and Frankenstein are released! Universal Studios was losing millions until these blockbuster films saved their bacon. 
- The Empire State Building is completed. Tallest building in the world at this point. It took a little over a year to complete. 
- The George Washington Bridge is opened for traffic. Longest main bridge span in the world until the Golden Gate Bridge opens a few years later.