Posted on 05/15/2012 5:20:20 PM PDT by dynachrome
Tomorrow brings the opening of the 2012 Cannes Film Festival, the 65th anniversary. But signs of economic reality are everywhere. Even though Tuesday before Cannes is quiet, today was more than unusually not busy. The best indicators are in hotel lobbies and out front of the main palaces like the Majestic and Carlton. At the latter, the entryway is cleverly adorned completely in ads for “The Dictator.” But there’s very little else going on so far. The hotel has only one large billboard affixed to its facade–for an upcoming Tom Cruise movie. Otherwise, the hub-bub was at minimum today.
The Carlton, an Intercontinental Hotel, is closing right after the festival for a 12-18 month overhaul. So maybe they’ve disuaded advertisers. But the outside terrace was fairly quiet at 8:30pm as well.
Out in Antibes, two favorite four star restaurants are busy every night. But Michelangelo and Bacon each report many cancelled parties. It seems like some studios had big plans and cut them down at the last minute
(Excerpt) Read more at forbes.com ...
Well, you can either have commerce, or you can have socialism. I guess socialism won this year. :)
The coke heads are in Sacramento pleading their case with the legislature.... /bad humor
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