Word: understood
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Dates: during 1980-1989
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Karl Marx would have understood their revolt. Just outside Leipzig's jumble of medieval churches and high-rises lies one of the most dismal landscapes in Europe. This is the heart of the rust belt: mile after mile of blackened smokestacks spew sulfurous coal smoke into the yellow sky; workers labor in ramshackle chemical and textile plants under Dickensian conditions of dirt and noise. To the east stretch crumbling tenements built 100 years ago; to the west sprawl ugly new developments virtually devoid of stores, cinemas or restaurants. Average monthly incomes would buy just $30 of goods in the West...
...bulk, sometimes whole exhibitions at a time. He acquired, for instance, more than 20 Anselm Kiefers, whose prices are now past the $1 million mark, and at least 15 Eric Fischls, which are on or around it. Artists let him have the cream of their work because it was understood -- though never explicitly said -- that Saatchi would never sell; his collection would become a museum in its own right, supplementing the cash- strapped Tate Gallery...
Nothing is more objective than the new class of European and Japanese investors. What the Japanese are doing has very little relation to collecting as it was once understood. They are, quite simply, investment-buying on a huge scale, with limitless quantities of cheap credit: one zaibatsu offers open- ended loans of any size at 7% (3.5 points below the U.S. prime rate) to Japanese who want to buy Western...
Wilder's statewide campaign in 1985 can best be understood as the test marketing of the candidate for the 1989 gubernatorial race. Strapped for campaign cash, Wilder made news by touring each of the state's 95 counties. He neutralized stereotypes by filming a TV ad trumpeting his endorsement by a prototypical rural policeman, who looked like an extra from Smokey and the Bandit. Even when his G.O.P. opponent attacked him for owning slum property and being reprimanded by the state supreme court for unduly delaying a client's case, the normally combative Wilder turned the other cheek. As Paul...
...PBHA, which is comprised of the chairpersons of PBHA's 37 committees, did endorse the Campaign to defeat Proposition 1-2-3. This resolution was passed in the conviction that Proposition 1-2-3 was threatening the welfare of the clientele we serve. It was clearly expressed and understood, however, that this resolution did not represent PBHA as a whole. In fact, The Crimson published a quote stating that this resolution was not representing the view of the Association as a whole or its volunteers...