Word: middlemen
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Dates: during 1990-1999
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...creating a global market where everyone competes on an equal footing. One pet project is an effort to bring a Guatemalan village into the global economy by hooking it up to eBay. Consumers in the developed world could buy local handcrafts at lower prices, and eliminating layers of middlemen would allow villagers to keep more of the purchase price for themselves...
...Biologists today are talking of using cloning to bring the woolly mammoth and other extinct animals back to life. Maybe Democrats and Republicans would want to try something similar. After all, candidates are always trying to link themselves to great leaders of the past. Why not cut out the middlemen? Given the pace of scientific progress, plus sufficiently audacious party leaders, the presidential debates of 2044 could feature some pretty impressive lineups. Imagine Abraham Lincoln taking on F.D.R. Or J.F.K. going up against Thomas Jefferson. Or Millard Fillmore vs. Warren Harding...
...broke off talks when America's Most Wanted aired its segment. Says Hatfield: "Kathy's side thought that the show indicated bad faith" on the FBI's part. She also became skittish when L.A.P.D.. detective David Reyes, one of King's men, insisted on cutting out the middlemen and talking directly to Soliah...
...public yesterday the image was a flat flounder. Key was Salon's pioneering participation in a Net experiment that uses a Dutch auction to set the IPO price before trading. The Dutch format helped kill any big first-day run-up but it also cut out the Wall Street middlemen. Early shareholders may have missed out on a Net IPO bonanza, but Salon is laughing all the way to the bank...
...little doubt that the family grew wealthy at the expense of the nation. Suharto laid the foundation by establishing an intricate nationwide system of patronage that kept him in power for 32 years. His children, in turn, parlayed their ties to the presidency into the role of middlemen for government purchases and sales of oil products, plastics, arms, airplane parts and petrochemicals. They held monopolies on the distribution and import of major commodities. They obtained low-interest loans by colluding with or even strong-arming state bankers. Subarjo Joyosumarto, managing director of Bank Indonesia, describes an environment that "made...