02/28/2011 06:43 pm ET Updated May 25, 2011

The Oscars Need to Invest in Good Old Star Power -- and Dump the Amateurs

Where were Tom Cruise, Brad Pitt, Angelina, Rob Pattinson and Kristen Stewart when we needed them most?

The Oscars almost destroyed their own revered awards show by handing over the hosting duties to a pair of bumbling amateurs -- James Franco and Anne Hathaway. What were they thinking?

The Oscars is supposed to be the most aspirational event on Planet Earth -- worthy of only the MOST seasoned, professional and just plain beautiful celebrities to lead the charge.

James Franco, you're no Jimmy Stewart, no Bob Hope, Gregory Peck, George Clooney or even Alec Baldwin.

Anne Hathaway, you're no Ingrid Bergman, Grace Kelly, Katherine Hepburn, Meryl Streep or Annette Bening.

Let me tell you, Oscar organizers. Even "young people" aspire to old-time Hollywood Glamour with a capital G.

But it wasn't just the professionalism that wasn't on the podium -- there wasn't enough big A-List power on the red carpet, or in the front row.

Find out how the Academy can get its mojo back.