In With The Old, Out With The New

(AP)

--Time Warner Inc. Chief Executive Richard Parsons. He was, as Reuters notes, "referring to the Civil War American general George Custer who was defeated by Native Americans in a battle dubbed 'Custer's Last Stand.'" Parsons added: "They will lose this war if they go to war. The notion that the new kids on the block have taken over is a false notion." Notes Glenn Reynolds: "[W]hile Custer certainly lost the battle, the Sioux actually lost the war."