Word: cashes
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Dates: during 1990-1999
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...stew has little responsibility to cover comprehensively the day's or week's essential news events. With this responsibility lifted off its shoulders, it has found a fertile way to take the truth and stretch it so as to keep circulation and ratings high--let's call it the cash crop theory of journalism...
...about a smattering of the world's events, people love to have a story told to them, complete with characters and a thickening plot. Therefore, they survey the field of possible stories, pluck out one of enough importance and plant row after row after ream of it--their cash crop. O.J. Simpson warmed up the crowd a few years ago for today's main event, Bill and Monica. Mark and Sammy had their home run contest at intermission...
...this argument. The journalism industry chooses and nurtures its crops deliberately. All the news channels, magazines and Web sites over-inform the marketplace and play up the importance of the cash crop to the point that journalism has the feel of the Super Bowl at halftime...
What the Ritz Says About You: "I can't afford the Four Seasons because I blew all of my cash on a Louis Vuitton steamer...
...matter how bad earnings are this quarter, if the Japanese are successful this week it could touch off a nice rally," says TIME business reporter Bernard Baumohl. Earnings reports, by definition, are the past. But the $517 billion recapitalization of the Japanese banks, giving them the cash to start lending again to their Asian neighbors -- that's about the rosiest future economists will allow themselves to imagine right...