Word: auction
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Dates: during 2000-2009
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...have to take it for granted that art patronage, as once understood, no longer exists in today's world, especially in America. People collect art, buying it for their own enjoyment. But spending millions on an inflated comic by Roy Lichtenstein or outbidding a rival heavy hitter at an auction isn't public patronage. Such patronage suggests some intent of public edification, and in the U.S. - thanks to its barbarously ignorant politicians and its media-sodden public - that can no longer be done by high art, even if there was much high art to do it with. If the various...
...compensate for shortages, Unilu held a fundraising dinner and auction in conjunction with the United Lutheran Church, which raised about...
...Mood, shmood - Hong Kong movies, always in a hurry, don?t take long to put the horror goods on the table. Consider the first 10 minutes of Lau Hung-chuen?s sublimely titled ?Devil Fetus,? for me one of the exhumed treasures of ITMFG. At an auction, a woman buys a jade vase without realizing there?s a devil inside. That night, her sister holds the vase in her lap and gets, as wonderfully euphemistic Hong Kong subtitles usually put it, ?comfortable.? The devil assumes a sort of protoplasmic human form, enters the sister and impregnates her. Her husband walks...
...move could be costly in the long run. Land sales are a prime source of government revenue, and a reduction in proceeds stemming from the auction freeze will aggravate the city's budget deficit. Last year's shortfall was more than $8 billion, or 5% of GDP, and this year's is expected to be even greater. Hong Kong's $113 billion in currency reserves are not in any immediate danger of running out, but a chronic deficit could undermine the government's perceived financial stability. There is speculation that corporate taxes could be increased or a sales tax instituted...
eBay’s Senior Director of Communications Kevin Pursglove said that though some cases involving stolen property do occur on the auction site, they are very rare...