Word: tapes
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Although most Governors agreed that more federal spending on schools is not the answer to their problems, they did ask that Bush help them hack through the thicket of regulations that accompany existing federal education grants. Bush agreed, in the words of Arkansas Governor Bill Clinton, to "swap red tape for results" in disbursing federal money. Those funds now come encumbered by rules that, for example, prevent night classes of adults from using computers bought for day classes of handicapped students...
...from Budapest at midnight last Sunday, Hungarian border guards blocking the 600-yard crossing at Hegyeshalom to the Austrian town of Nickelsdorf smiled and began to wave the refugees through. Across they came, on foot and bicycles, in German Wartburgs and Czech Skodas. Some drivers paused to put black tape over the first D and the R on their DDR vehicle-identification stickers, leaving a single D for Deutschland. "What a Monday!" cried an Austrian radio newscaster. "Boris Becker wins the U.S. Open, and lots of D.D.R. citizens win the Hungarian Open...
...demise, however, proved to be premature. The U.S. recovery and appetite for imports helped spur the Continent's economies. But self-help played a major role as well. With one eye on the impact of the Reagan Revolution in the U.S., the area's governments reduced taxes, scissored red tape and encouraged investment. A new breed of hard-driving Euroentrepreneurs has emerged, bent not only on streamlining the Continent's industries but also on spearheading a European invasion of corporate America. Last year British raiders alone spent $32 billion on U.S. companies, compared with $12.7 billion by the Japanese...
...gain for the studios is obvious. But what the sponsors hope to achieve is something of a mystery. Procter & Gamble, the company that makes Downy, will spend $8.5 million to advertise The Wizard of Oz tape. Yet, according to two surveys, at least two-thirds, and perhaps as many as nine-tenths, of all viewers push the fast-forward button when they spot...
Rock's been a megabusiness for much of its adult life. In 1973 there was $2 billion worth of record and tape sales in the U.S.; in 1988 total sales (including CDs) were $6.2 billion. Bucks like that encourage uncivil marriages of commerce and creativity such as tour sponsorship (the Stones are going out under the aegis of MTV and Budweiser -- careful driving home from the show, now) while discouraging the innovation, the sheer recklessness, that rock music needs in abundance...