Word: saling
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Dates: during 1980-1989
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...decade after the Communist Party sanctioned the return of the profit motive, sex is once again for sale on the busy streets and crowded back alleys of China. Venereal disease -- an affliction that was officially eradicated under Chairman Mao -- has quadrupled in cities like Shanghai. Meanwhile, millions of Chinese, newly exposed to Western ideas, have fallen prey to notions of romantic love and sexual fulfillment. An estimated 60% of Chinese are said to be dissatisfied with their spouses. Mandatory counseling has not prevented more than half a million divorces a year. Police crackdowns have failed to stem underground sales...
Some officials, however, remain determined to stop the further spread of China's sexual revolution. The cover of the inaugural issue of Sex Education was officially stamped as a magazine limited to bureaucrats rather than for sale to the public, which will make it harder for the fledgling journal to turn a profit. The fact that investors seem willing to outwait the government -- and that the first issue sold out -- has led optimists to conclude that Chinese pragmatism will ultimately govern the debate over how much sexual liberation China can tolerate. "The influence of the feudal society in China remains...
Barry Bingham Sr. barely missed the unveiling of his own monument. After a family tiff prompted him to sell the Louisville Courier-Journal and other media properties in 1986, the former publisher put $2.6 million from the sale into financing what is supposed to be the world's tallest (400 ft.) floating fountain. Its 41 jets will spout 15,800 gal. of Ohio River water every minute in a 20-minute computer-controlled cycle of designs, culminating in the fleur- de-lis, Louisville's official symbol. Tens of thousands gathered Friday night to watch the fountain's spectacular debut. Bingham...
...staggering cost of correcting the situation came into sharp focus last week, when the Federal Home Loan Bank Board, which regulates thrift institutions, announced a two-part bailout of 20 Texas S and Ls that could ultimately cost the Government $6.8 billion. First, the Bank Board conducted a fire sale of twelve failing Texas institutions, including Richardson Savings (assets: $707.8 million) and Mercury Savings ($332.9 million). The S and Ls will be merged and turned over to an investment group led by William Gibson, an executive vice president at Chicago's Continental Illinois bank, for a token $48 million...
...dismissed at times as a vendor of deluxe fantasy. But if his work has sometimes been complicit with the indulgences of the day, it was never fully in service to them. He never aimed for the lugubrious swank of Helmut Newton, whose corseted women can look like sale goods in a fancy furniture store. He never settled for the sexual salesmanship of Bruce Weber, whose boys live in a world made of equal parts Ralph Lauren and Leni Riefenstahl...