Word: vend
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Dates: during 1980-1989
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...next Pac-man, but the hottest thing going right now in certain rural areas of 21 states is a coin-operated vending machine that dispenses live bait to fishermen, and the force behind it is a supersalesman from Des Moines who found God in a federal penitentiary. The machine is called Vend-A-Bait, and, as one Texas distributor put it, "It's one great moneymakin' sucker." So, for that matter, is Vend-A-Bait Mogul Glenn McClintic; he drives a car longer than most people's memory...
...would like a 24- hr. bait house, because that's all it is really, a bait house. You sell it for $3,800. You take $300 down to assure yourself you have the order. You offer financing for $3,500. Payments of $120 a month to $150. This means Vend-A-Bait will cost the customer $4 to $5 a day--are you listening to me?--which means if he sells six or seven cups of bait a day (at prices ranging from $1.25 to $2.75), that business is self-supporting, O.K.? Space that was earning nothing...
...credit, the salesman reveals his past to potential Vend-A-Bait distributors. Such is the spell of his silver tongue that a remarkable number of people quickly dismiss the information. In the blink of an eye, the pitch can slide from McClintic's shady years to his next project, vending fishing tackle. "This is going to be a barn burner!" Rare is the listener who then exclaims, "Wait a minute! Did you say LEAVENWORTH...
...begins with the 16th century geological musings of Martin Luther: "Longer ago than 6,000 years the world did not exist." It hurtles downhill from there toward outright insolence. Did Abraham Lincoln really say in 1859, "Negro equality! Fudge! How long . . . shall there continue knaves to vend, and fools to quip, so low a piece of demagogism as this"? Did the U.S. Labor Department truly announce that 1930 would be "a splendid employment year...
Casablancas also realized that the young Venuses who vend every imaginable product in print and on TV could command far higher rates than they were getting. The hourly charge for a top model has trebled (up to $300 an hour) in the past three years. Instead of setting fixed fees for a model's time, Casablancas started negotiating each booking with a canny perception of the client's particular needs and the girl's availability. The whole industry has had to follow suit, with the result that many models' incomes and clients' budgets have skyrocketed...