DeSantis Signs Bill as Disney Suffers the Price of Going Woke – Opinion

Disney stock hasn’t been doing well over the past year, but it’s dropped even more after the company inserted itself in a battle with Florida Gov. Ron DeSantis opposes the parental rights legislation.

Now, DeSantis has signed the bill into law that will dissolve Walt Disney World’s special, corporate self-governing status on Friday evening.

At the bill signing ceremony, DeSantis said Disney lied about the content of the state’s new “Parental Rights in Education” law, and he viewed the company’s vow to fight it as unacceptable.

“You’re a corporation based in Burbank, California, and you’re gonna marshal your economic might to attack the parents of my state. We view that as a provocation, and we’re going to fight back against that,” DeSantis said.

On Wednesday, the Florida Senate voted 23-16 to repeal the status. The Florida House followed the lead with a vote of 70-38 on Thursday.

We reported that the House’s shrieking response to the bill passing was quite different.

BREAKING NEWS: As Democrats are throwing a tantrum in the Florida House, they voted to remove Disney from its special governing status.

DeSantis is going to receive the item. pic.twitter.com/h8bFwzg1r2

— Greg Price (@greg_price11) April 21, 2022

Disney has been in trouble with its stock down over 31.5 percent over the past year — it’s the worst-performing stock on the Dow. But, now they’ve made things worse by adding in this fight against the parental rights bill.

On Wednesday, Disney stock prices fell 5%, further dropped on Thursday and are down 2.79% today.

Although stock prices are down overall, it is true that they have dropped in general. 500Nearly 1000 points thanks to America Is Back and Baby NeverTrump fake president at the White House. But still, not a great performance by Disney. It is not what its shareholders want.

Not a good move for Disney, when they’re already having issues. The corporations used to understand that they should not be involved in politics or take sides. They also knew not to promote radical leftist ideology.

However, are companies getting the message?

Exxon Mobil’s corporate headquarters has made an intriguing move to ban smoking “external position flags”PRIDE, Black Lives Matter and others. Now doubtless, that means any political or other kinds of flags because — wait for it — it’s work and it’s not your personal Twitter page. This would be a common position, but after the recent radical leftist actions, it’s now accepted and welcomed. They still had some employees flip out over it, but they seem to be sticking to their guns — at least for the moment. It’s a great thing that they took a profession and didn’t follow the crowd. It’s sign things may be turning.

There’s a lesson to be learned here about embracing the woke and the radical left, and the tide may be turning when companies see that it affects their bottom line.