I guess red hot red is what's hot for the red carpet this evening (whew!). And why not?? The powers of such a color:

It makes other not-so-famous faces red with envy.

It says, "I am a supermodel...and you...arre owt!"

It goes well with a bologna sammich.

"American Gangster" star Ruby Dee keeps tops her classic red look off with a classy vintage gold Daniel Swarovski clutch.

Nominee Ruby Dee in the role of surprised winner of Best Supporting Actress Oscar.

UPDATE: TIlda Swinton wins the Best Supporting Actress Oscar. Hey, red can't do it all!

(Getty Images)