Thursday, January 19, 2012
Kodak Moment A Time To Remember
Eastman Kodak Company used to be the king of all things related to photographic equipment and photo imaging. When I was growing up in the 70s, the company controlled 90% of the photographic film sales, a shining example of America's role as the world's leader in manufacturing and cutting edge technology. Its catch phrases like "Kodak moment" and the company jingle, "Times of Your Life," later recorded as a popular hit song by Paul Anka, became part of the American lexicon. Today, the more than 120-year-old company founded in Rochester, New York by George Eastman filed for bankruptcy, sinking under the burden of billions of dollars in debt. It's ability to emerge from bankruptcy as a viable business is very much in doubt according to Forbes. Does any one else share the view that the only good memories of this country left are those we left behind long ago? My favorite president, Ronald Reagan, was fond of saying that "America's best days are ahead of us." I used to belive it without hesitation. No more.