We're sure you've heard: Thanks to the WGA strike, the Golden Globes were canceled, and it is completely plausible that the Oscars might also be canned. Huzzah! Use the hours that would have been spent gown-spotting in front of the television to play with your kids. Or, spend some time making kids (which we hear is all the rage).

Of course, not everyone shares our delight with the abandonment of the masturbatory ceremonies. Prone as they are to worship false Gods, Hollywood heavies are bemoaning the quashing of the golden statues.

"We are all very disappointed that our traditional awards ceremony will not take place this year and that millions of viewers worldwide will be deprived of seeing many of their favorite stars celebrating 2007's outstanding achievements in motion pictures and television," said HFPA president Jorge Camara. "We take some comfort, however, in knowing that this year's Golden Globe Award recipients will be announced on the date originally scheduled."

And this from Scott Rudin, producer of films The Darjeeling Limited and There Will Be Blood: "It’s really lousy…A lot of us who make the kind of movies this group tends to reward have a lot of affection for them."

Oh, woe is they! But before you cry for them, all good people, make like a treasure hunter and follow the money.

On the financial side, the cancellation could cost the local economy upwards of $80 million according to the Los Angeles County Economic Development Corp.

Studios and networks will also feel the pain by not being able to use the kudocast to publicize their contenders.

Hardest hit will be NBC, which usually pulls an estimated $15 million-$20 million in ad revenues from the three-hour live broadcast…

Worst of all, some major media companies had already prepared to spend upwards of 700 grand on parties at which losers kiss the asses of winner and winners kiss the asses of strippers, and they're not going to be able to get their deposits back on catering!

The point: The Golden Globes, and most other events like them, are televised solely to take money from the viewers and put it into the pockets of those in attendance. We say good riddance.