The good folks at Libertas Film Magazine and their fellow conservatives (like the redhead who sits on the other side of my cubicle) who are eagerly anticipating the Nov. 24 opening of the “Red Dawn” remake may have to wait a good while longer. 

Patrick Goldstein of the L.A. Times reports MGM’s dire financial straits are going to indefinitely delay the new version, which has Chinese communists invading the American heartland. 

Goldstein also quotes “insiders” as taking issue with the $75 million pricetag quoted by Libertas — it’s more like $42 million, thanks to tax rebates — and the magazine’s assertion that Toby Keith is on the soundtrack.

At this point, things are looking so bad at MGM that one reportedly hasn’t even been recorded. There isn’t a trailer, either.

Hopefully, the communist regime in China won’t collapse before somebody gets around to releasing this remake.

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