Word: surplus
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...seemed. After a few golden years of surpluses, deficits are back with a vengeance. Though he ran for office promising to keep the government treasury in the black, Bush's budget proposal predicts deficits of more than $300 billion through 2004 - and doesn't envision a new surplus in any year before a second Bush term would end. Bush claims he made it clear in the 2000 campaign that he would accept deficits in times of war, recession or national emergency, though White House staffers have failed to find an instance when he actually said that. In any case, says...
...talk about it on the record, and no one is monitoring the traffic. (BMG in New York would not comment for this article; EMI in London and Universal in Los Angeles declined repeated interview requests.) But it's clear this amorphous gray market is entrenched. The discontinued or surplus CDs, generally known as "cutouts" in the West, are in China called dakou (saw gash) because some albums have a telltale notch in the jewel box and sometimes on the disc itself. Many music buffs prefer them to pirated copies, because the prices are comparable, quality is first rate...
...Dakou has the potential to cause friction between labels and their musicians. In an effort to recover some of the costs of overproduction and marketing mistakes, the majority of labels dispose of surplus or discontinued albums by selling them to middlemen for less than $1 per disc, according to industry executives. In most cases, artists who would ordinarily be paid royalties for album sales get nothing once their work is destined for the bargain bin or scrap heap, says Donald Passman, author of All You Need To Know About the Music Business and attorney to major acts such as Mariah...
...country waited for the other shoe to drop (somewhere, that is, besides Kenya, Moscow and Bali), it had to do something with all that surplus anxiety. The news and entertainment media were happy to oblige. Stories of random shootings and disappeared and murdered girls were everywhere, from the increasingly graphic, grisly prime-time franchises of CSI and Law & Order to the orange DANGER!-DANGER!-DANGER! graphics of Connie Chung Tonight and the rest of its cable-news cohort. (Curiously, from the news media's perspective, little girls miraculously stopped being abducted as soon as the Washington sniper drew his first...
...created an economic climate that brought our country the greatest growth ever,” Kerry said. “We balanced the budget, created a surplus and started paying down the debt. We had what some called a ‘virtuous cycle...