Thursday, November 8, 2007
Who's Bugging Me Now
It's one thing to be a corporate tool. It's entirely different if you build your whole persona on being just the opposite. Is it irony or hypocrisy for Buffett to speak out about endangered species, to take a bit role in Carl Hiaasen's movie "Hoot" which has an environmental anti-overdevelopment message, all the while building 44 Cheeseburger in Paradise Restaurants and at least a dozen Margaritaville Resorts? The Margaritaville in Negril has helped change Negril from a laid back hippie enclave to an all-inclusive nightmare. BTW, friends at a small hotel are losing their beach. Hurricanes are largely responsible, but so too is the overdevelopment of the north end of the beach where Margaritaville, now joined by a dozen other all-inclusives, is located.
Remember Dennis Kozlowski, shamed CEO of Tyco? He threw a 2 million dollar birthday party for his wife - guess who was the entertainer? Jimmy Buffett. He was paid $250,000 for the bash. Here's a question, though. Why does a guy who nets 25 mil a year from concerts alone (not to mention what he makes writing books, building chain restaurants and theme hotels, plus royalties) go to the mediterranean for a $250k gig?
How is Buffett different than a guy like Rush Limbaugh whose schtick is hating on the French and the Cubans all the while filling his fat gullet with French wine and Cuban cigars?