Get woke, go broke (Page 1/3)
MidEngineManiac APR 21, 03:38 PM
Seems like a Mickey-Mouse setup to me
rinselberg APR 21, 04:09 PM
This story is a long ways from over. I wouldn't be in a hurry to conclude that the Walt Disney Company, Inc., is about to get hit with a financial "beat down."
slicknick APR 21, 04:11 PM
I know everyone here probably thinks DeSantis is some kind of savant for going after Disney, but this is a two way street and Disney is not going to be on the money losing side of it.

After all, if there's one thing government does efficiently, it's giving it's corporate friends tax loopholes.

I'm not sure about the 1968 cutoff date either. I guess it has some significance other than some arbitrary selection else they're gonna roast them over it
olejoedad APR 21, 04:15 PM
Disney will be fine, the CCP has their backs.
Fats APR 21, 07:14 PM
The left is losing their minds over it, it's gotta be good for everybody. They only lose their minds over something if it was toxic and anti-American.

MidEngineManiac APR 21, 07:53 PM
Now we just have to get Roadrunner, Willie. E. Coyote, and Acme explosives back !!!
Hudini APR 21, 07:54 PM

quote
Originally posted by slicknick:

I know everyone here probably thinks DeSantis is some kind of savant for going after Disney, but this is a two way street and Disney is not going to be on the money losing side of it.

After all, if there's one thing government does efficiently, it's giving it's corporate friends tax loopholes.

I'm not sure about the 1968 cutoff date either. I guess it has some significance other than some arbitrary selection else they're gonna roast them over it



This isn't about money. It's about the consequences of woke corporations sticking their noses into the political arena. Disney has no business supporting the grooming of children.
randye APR 21, 08:58 PM

quote
Originally posted by Hudini:


This isn't about money. It's about the consequences of woke corporations sticking their noses into the political arena. Disney has no business supporting the grooming of children.





Make no mistake about it, it's definitely about BOTH money and politics.

Leftists are so used to suffering the unintended consequences of their own moronic actions they expect the same to happen everyone else.

The idea of any business corporation being allowed to act indefinitely as it's own city or county within the state that hosts it and any such business corporation then deciding that it is so powerful that they can push around that state's Governor and legislature at will is as insane as Disney's continuing insistence on supporting the sexual grooming of children.

..

Despite Leftist wishful thinking and delusions, Disney WILL suffer serious financial impact, including but not limited to, loss of their real estate property tax discounts and loss of their state sales tax discounts. Disney will also be subject to paying for all periodic special tax assessments for road, storm sewer, lighting and all other infrastructure improvements leading up to the boundaries of Disney corporate property for which they have previously enjoyed the benefits of without paying for. Disney will also lose the power to issue "municipal bonds" to cover their own capital requirements or term debt, (that practice should have been stopped by the U.S. SEC a very long time ago).


All because LEFTISTS gotta Leftist....

... and the Disney Leftists decided that sexually grooming small children was more important to them than their fiscal responsibility to their shareholders:

DISNEY HAS ALREADY STARTED SUFFERING THE FINANCIAL IMPACT

[This message has been edited by randye (edited 04-21-2022).]

williegoat APR 21, 09:22 PM
It is my opinion (and I shouldn't have to say that) that government should never give any business special privileges. This is a tangled web that was woven a long time ago, and holds the carcasses of many a fly and grasshopper.

I understand how and why deals are made, but to me it is contrary to principle. I also know that there will always be someone willing to usurp principle for personal gain.

As a side note, I lived in Orlando during the time that Disney was making those original deals. The "secret" was no secret.
randye APR 21, 09:53 PM
I am also reminded of what American businessman Andrew Carnegie once wrote:

" It is only but three generations from shirtsleeves to shirtsleeves.”

That quote has been restated as:

"The first generation builds the business, the second makes it a success, and the third wrecks it”