IV: Second Prize, Two Weeks

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—ANAHEIM (FNS) In a surprise 12 to 1 decision, the U.S. Supreme Court upheld a ruling of a lower court ordering seizure of Disneyland and Florida’s Disney World due to the corporation’s inability to pay newly passed retroactive taxes on profits from the 1960s and 1970s. Also cited was its “blatantly unjustified waste of America’s irreplaceable energy resources.”

Spokespersons for the Federal Bankruptcy Administration refused comment on rumors that the theme parks may continue operating for the benefit of 25 million government employees, but did say, off the record, that the “social conscience and public service of millions of selfless, patriotic Americans deserve some conspicuous acknowledgement.”

—The Denver News-Post

July 8, 1987

Chapter Notes