i'm sure that phase II, III, and IV have already been approved...they just can't work it into a proper press conference.
They gotta announce a new 100,000 dollar flat ride for the "paupers" (on their 85 dollar a day tickets...pre-tax) and the new grand floridian villas for the "working class"
Please...there's such a thing as good taste
Disney clearly has a good grasp of it