(Bragg undoubtedly exaggerated the impact of events in northern Mississippi to conceal his own errors).
Now, the issue is hazier because the Fed needs to assess the economic impact of events in China and on Wall Street.
AS CHOU EN-LAI observed of the 1789 revolution in France, the full impact of events in that country can take centuries to discern.
Speaking of the impact of events like Kips Bay on people at home, Charles Spada, a Boston-based decorator, said, "All of that has gone the way of the world".
Of course, we've always assessed the political impact of events or announcements but there was a time when we used to make some attempt to understand what they meant first, or what might be done about them.
It reduces the potential impact of events that break late in the election cycle, like the possibility of a terrorist strike in October or a dramatic revelation about a candidate.
The Fed's staff, which prepares an economic forecast noted for its unusual accuracy in an uncertain business, reduced its medium-term outlook for growth, citing the impact of events in Europe, according to the minutes.
"The lasting impact of events in Libya will depend on ensuring rebel factions form a unified, civil government that guarantees personal freedoms, and builds a new relationship with the West where we are allies instead of adversaries".
The scoring mechanism is from the frequency of events and the impact of events on network performance.
French Jews say they are feeling the impact of events in Gaza, with a disturbing rise in anti-semitism.
It would also enable festival organizers to better understand the impact of events landscape for Malaysia's tourism industry.
