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Scene above: Constitution Island, where Revolutionary War forts still exist, as photographed from Trophy Point, United States Military Academy, West Point, New York WE'RE ON TWITTER, GO HERE WE'RE ON FACEBOOK, GO HERE
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MARCH 26-27, 2023 SHORT TAKES ON THE DRIFTING WRECKAGE: WILL MICKEY BE CHOPPED? FROM CNBC: Disney will begin layoffs this week, the first of three rounds before the beginning of the summer that result in about 7,000 job cuts, according to a memo sent by Chief Executive Bob Iger. The cuts are part of a broader effort to reduce corporate spending and boost free cash flow. Disney said last month it plans to cut $5.5 billion in costs, including $3 billion in content spending. "This week, we begin notifying employees whose positions are impacted by the company's workforce reductions," Iger wrote in the memo, which was obtained by CNBC. "Leaders will be communicating the news directly to the first group of impacted employees over the next four days. A second, larger round of notifications will happen in April with several thousand more staff reductions, and we expect to commence the final round of notifications before the beginning of the summer to reach our 7,000-job target." The layoffs were initially announced in February. The job cuts will be cross-company, hitting Disney's media and distribution division, parks and resorts, and ESPN. Disney is following the lead of Warner Bros. Discovery and other legacy media companies that are cutting jobs and spending. Disney has said its streaming business, led by Disney+, Hulu and ESPN+, will stop losing money in 2024. Disney shares are up about 8% this year after falling 44% last year. It might be a good idea for entertainment companies to get back into the entertainment business and rebuild their audience. I hope they have learned that giving viewers and moviegoers a steady diet of woke propaganda is unhealthy for the bottom line. It's amazing, but Americans aren't really interested in being told how terrible their country is. Bring back comedy. Bring back musicals. Bring back family stories. AH CAMARO, YOU DID GOOD: A revered automotive name will be going to the great parking lot in the sky, but may be driving back. From Daily Mail: The Chevrolet Camaro, for decades the dream car of many teenage American males, is going out of production. General Motors, which sells the brawny muscle car, said Wednesday it will stop making the current generation early next year. The future of the car, which is raced on NASCAR and other circuits, is a bit murky. GM says another generation may be in the works. 'While we are not announcing an immediate successor today, rest assured, this is not the end of Camaro's story,' Scott Bell, vice president of Chevrolet, said in a statement. The current sixth-generation Camaro, introduced in 2016, has done well on the racetrack, but sales have been tailing off. When the current generation Camaro came out in 2016, Chevrolet sold 72,705 of them. But by the end of 2021 that number fell almost 70 percent to 21,893. It rebounded last year to 24,652. At least the car might have a future, but the story goes on to say that it will almost certainly be an electric vehicle. Horror! Who needs a muscle car that runs on silicon cells? What kind of a nation are we, anyway? Find a way, Chevy! I want to hear cylinders! March 27, 2023 Permalink
RON AT HIS BEST: Florida Governor Ron DeSantis has won the fight to establish school choice in Florida. This has to be a major step forward in his campaign. From Fox:
COMMENT: School choice may turn out to be the most powerful domestic issue in next year's presidential campaign. It is immensely popular, and Republicans own it. The Democrats are actually against it because the teachers unions oppose it, and they own the Democratic Party. This is an immense opening for the GOP. Now it needs to exploit it. March 27, 2023 Permalink TAIWAN: I think I've mentioned it before, but I really can't recall a time when this country was confronted by so many threats simultaneously. And we're not doing well in countering any of them. I fear that it will take a costly shock to wake us up, and that shock is likely to come from our most formidable enemy, China. Taiwan is the target, and we have a tendency to put it out of our minds. From Fox:
COMMENT: The Chinese navy is now much larger than the U.S. Navy. China has nuclear weapons. An earlier, more primitive Chinese force inflicted severe casualties on the United States during the Korean War. And China is developing hypersonic missiles that could pose a chilling, possibly fatal threat to American aircraft carriers. It is not a good picture for us. If China attacks Taiwan, and we back down, we're finished as an Asian power. If we fight alongside the Taiwanese, the battle could be bloody, and long, with no guarantee of success. I don't want Joe Biden to make the decisions. March 27, 2023 Permalink
MARCH 24-25, 2023 THE GOP CAMPAIGN GOES TURBULENT: The GOP race for the Republican presidential nomination is escalating into near-blows, with Donald Trump, a wounded campaigner, taking dead aim at Ron DeSantis, and DeSantis apparently planning on attacking Trump earlier than had been planned. This could get bloody, which is just what the GOP leadership doesn't want. From Michael Goodwin at the New York Post:
COMMENT: Goodwin is an excellent, disciplined commentator, and I think he's right. Trump is stepping all over his own case. We've always known the man is his own worst enemy, and it's part of the reason he lost in 2020. We can't afford that any longer. There are widespread reports that Florida Governor Ron DeSantis will be upping his campaign against Trump in coming days. The original DeSantis plan was to announce his candidacy shortly after the Florida legislature adjourns in May. But DeSantis has been taking a verbal beating from Trump, and the governor's numbers have become wobbly. It is clear he must get fully into the battle before Trump defines him as below presidential caliber. We who follow politics know DeSantis well as a superb governor who has made Florida into a remarkable success story. But most Americans don't know him at all. That must change right now. March 25, 2023 Permalink
ANOTHER DISPLAY OF WEAKNESS: The theater is now Syria. In the last few nights there have been missile attacks against American installations. Casualties fortunately have been few, but the attacks show a lack of fear of an American response. Some Republicans say that is exactly the point. From Fox:
COMMENT: I agree with the criticism. If you look at the whole pattern of international activity in the last year, from Russia, China, Iran, and North Korea, it signals contempt for American power and policy. That is an inherently dangerous and preventable situation. If our enemies don't fear us, they may start pushing and going too far. It is a sure formula for a larger war. An almost-sure formula for peace is peace through strength. In the end, far less expensive in casualties and treasure. It's how we won the Cold War. March 24, 2023 Permalink
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