Well, the film industry (from personal experience I am speaking mind you) in the U.S. has been suffering from overseas production for a very long time.

Someone was worried about Bollywood taking over too. One of my Indian friends explained the Bollywood industry. It beats the bejezus out us.

And I hate to break it to everyone also, but technology-wise we are only a 2nd world country. Go shopping in Hong Kong, Seoul, Tokyo or other places. The selection of electronics is mind-boggling. Our corporations severly and strictly limit the goods that we have available to purchase here in the US.

Did anybody hear how in Canada, cell phone users are getting creepy phone calls that are advertising the new horror flick Saw VI (or whatever number it is)? These calls were scaring the bejesuz out these folks.

The last thing taxpayer money should be going to is hollywood crap which will then be exported to countries (such as in the Middle East) that will give them an excuse to hate us some more.

Again, the logic has again escaped Congress.

Earth to Barnie Frank: the more you tax Corporate America the more the average American will hurt through lost jobs and increased consumer prices. Get a clue, dude.

Surely if congress wanted to stimulate a business segment via this bailout, a better choice could have been made.

Well…

1) I don’t think tax breaks should ever be called or categorized as subsidies by conservatives, even for businesses we don’t like. Tax breaks are tax breaks. Otherwise we get stuck in the language of the left, which sees any tax cut as a subsidy. Remember how they tried to categorize capital gains tax cuts as “subsidies?”

2) I don’t think the government should be concerned about stimulating any segment of the economy… it becomes far too easy for “stimulations” to be manipulated for political purposes.

3) That said, I see any tax cuts as a victory for freedom. Again, consider the conservative filmmaker attempting to raise venture capital for his or her next film. Easier to do with tax cuts on the table.

A big socialist studio like Warner’s or Sony may get millions extra from the same cut, but that sort of thing means little to their bottom line. They’ll blow it on a shindig with limousines.

But it can mean a lot to the independent filmmaker.

Hollywood Casts Wall Street as Villain to Tap Anger at Crisis

Canada especially has been kicking our butts. Take a look at the SciFi channel – practically everything on it is shot in Canada.

FilmLad, the delicious irony is that the same Hollywood that is enraptured with the myth that we in Canada are some sort of socialist paradise will not allow their precious industry to be ruined by us. Granted, our loonie is not as green as the greenback but that’s the whole point, isn’t it?
Anything that screw over the Sarandons, Baldwins, Clooneys and Pitts is alright by me.

Why not the textiles industry? China is kicking our ass and laughing all the way to the bank. Or the food industry? Ever check where that candy you buy is made? Or the sneaker industry? When was the last time you bought a pair of major brand running shoes or sneaker that were actually made in the USA? The lat one was New Balance. They’re long gone.

But rather than select an industry that could make a bigger impact, they chose their buds in Hollyweird.