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Demeter's Journal
Posted by Demeter in Editorials & Other Articles
Fri Oct 23rd 2009, 06:49 PM
Yep. It's Friday, and we are going to DisneyLand AND DisneyWorld!

How lucky can Market Watchers get?

For purposes of not straining the brain and my rusty technological abilities, please just assume that all those registered trademarks and copyrights are in their appropriate positions...

Well, it's been a wild week here in Econoland. A lot of dirty laundry has been hung out to dry, but no dirty crooks, yet. The PPT was called back Thursday to pump it up so Friday's dump wouldn't be too catastrophic. Somebody must have some options to unload this month, that's the only reason for the latest bubbling action that makes any sense.

So, what do we know about Disneyland, besides it being the Happiest Place on Earth? (I do take issue with that designation, I have to think GS or maybe Rahm Emmanuel's office are more worthy of the designation, but I'm a cynic, dyed in the wool.)

DisneyLand and its younger sibling, DisneyWorld, were the brainchildren of one Walter Elias Disney.

"Walter Elias "Walt" Disney (December 5, 1901 – December 15, 1966) was an American film producer, director, screenwriter, voice actor, animator, entrepreneur, entertainer, international icon and philanthropist. Disney is famous for his influence in the field of entertainment during the twentieth century. As the co-founder (with his brother Roy O. Disney) of Walt Disney Productions, Disney became one of the best-known motion picture producers in the world. The corporation he co-founded, now known as The Walt Disney Company, today has annual revenues of approximately U.S. $35 billion.

Disney is particularly noted for being a film producer and a popular showman, as well as an innovator in animation and theme park design. He and his staff created a number of the world's most famous fictional characters including Mickey Mouse. He received fifty-nine Academy Award nominations and won twenty-six Oscars, including a record four in one year,<2> giving him more awards and nominations than any other individual. He also won seven Emmy Awards. He is the namesake for Disneyland and Walt Disney World Resort theme parks in the United States, Japan, France, and China.

Disney died of lung cancer on December 15, 1966, a few years prior to the opening of his Walt Disney World Resort dream project in Florida."

http://en.wikipedia.org/wiki/Walt_Disney

And even though tourist business in general may be in decline, I don't worry about the Disney corporation. Long after the United States is a legend or a myth, DisneyLand and DisneyWorld will still be there, entertaining corporate clones from all over the world.
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