Word: money
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Dates: during 1990-1999
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...dilemma is that he is the prisoner of the Chinese Communist Party, which he leads 50 years after its revolution: a party that is empty of vision, worried about unrest, out of touch with a younger generation of Chinese for whom money, not ideology, is the bottom line. The harder Jiang tries to impress, the less China's population wants to listen. He understands the need for economic development, but political openness is still out of the question. Even as the ink was drying on the trade deal, police were detaining members of Falun Gong, the banned meditation cult...
...associate the Roman numeral 2000--MM--with a certain candy-coated chocolate. Even the Y2K problem has morphed from potential cataclysm to commercial punch line: a Nike ad shows a man going for a jog New Year's morning as the lights flicker out around town, money shoots out of ATMs, people panic in the streets, and an errant missile zooms by overhead. On the one hand, the passing of a thousand years is staggering for a mortal of perhaps 80 years' life-span to apprehend; on the other, its commercialization renders it trivial. No wonder some people are stepping...
There are economic reasons for some of these millennial disappointments. Predictions of widespread, money's-no-object revels were just that--predictions, of an event that hasn't occurred since the airplane was invented, the Crusades gave way to package tours and Dick Clark was soldered together in a top-secret government warehouse. So proprietors aimed for the stratosphere and whiffed. Hotels supersized their room rates; tour operators assessed $1,000 cancellation fees; property owners in New York City and Miami put up their pads for sublet at five-figure rates (few takers, so far); British star chef Marco Pierre...
...MONEY DEAREST...
...legend, a man who brought famous faces and fat wallets to the secluded campus 90 miles southwest of Detroit. To conservatives he was a bulwark against moral squalor and political correctness. Even liberal critics marveled at his gift for persuading donors to support him in his stand against federal money. During his time as president, he raised more than $300 million. Today Hillsdale survives mostly off interest from a $172 million endowment. It was just $4 million before Roche became president...