The late Walt Disney, who in testimony before Congress accused the Screen Actors Guild of being a Communist front, must have rolled over in his grave when Walt Disney Co. CEO Robert Iger reportedly spouted "[expletive] you" to Tom Borelli, director of the National Center for Public Policy Research's Free Enterprise Project, at Tuesday's annual Disney shareholder meeting.

Mr. Borelli says he just finished informing shareholders from the podium about Mr. Iger's refusal to sell the DVD or distribution rights of the miniseries "The Path to 9/11," and upon returning to his seat attempted to shake hands with Disney's CEO.

That's when the not-so-kind words were uttered. At which time Mr. Borelli says he stepped back before the microphone and quoted Mr. Iger word-for-word, which caused "gasps" from the crowd of shareholders.

"So much for the family-friendly Disney reputation," he now says in a statement released by the Washington-based conservative think tank and research foundation supportive of a strong national defense.

A two-part miniseries based on the federal 9/11 commission report, "The Path to 9/11" received seven Emmy nominations after airing in 2006 to large audiences over the Disney-owned ABC television network.

The think tank suggests Mr. Iger, who is labeled a longtime donor to "liberal politicians," considers the miniseries too embarrassing to officials who served in the Clinton administration.

DEPRESSED YET?

In testimony Thursday morning before a House subcommittee, renowned economist Peter Morici will state that the United States "is beset by the most troubling economic crisis since the Great Depression and perhaps the most complex and difficult to resolve set of economic challenges in the peacetime history of our nation."

Furthermore, he will warn members of the subcommittee on terrorism, nonproliferation and trade that without more effective responses, the current recession "may now become a depression."

"The evidence mounts daily that the United States is in the greatest economic crisis of our times, and the ultimate place of this crisis in the history of economic disasters is yet to be determined," Mr. Morici says in his prepared statement.

The professor at the R.H. Smith School of Business at the University of Maryland says the country needs more effective stimulus packages and programs than policymakers have already pursued "to avoid a complete meltdown." Continued...