Disney Lost $63 Billion In Market Capitalization Since Going Full Woke!

(Rallying Patriots) – It doesn’t seem like mainstream corporations are ever going to learn, does it? What more needs to happen to them before they understand that “go woke, go broke,” is not just a slogan for the political right to toss around, but an abject statement of truth?

Many entertainment companies seem like they are finally starting to see the light a bit and are pulling back on the woke content they are creating, opting instead to try and create entertainment for the vast majority of American audiences rather than the extremely small number of individuals that make up the LGBTQ community.

But not Disney.

According to WND, shares of the Walt Disney Co. have taken a massive dive, dropping a whopping 23.5 percent since the company decided to fight against Florida’s parental rights law amid the exposure of the corporation’s extreme, radical LGBT activism specifically targeting children.

“Since March, when Florida passed a law requiring that discussions of certain sexual issues in public schools be “age-appropriate,” Disney’s market capitalization is down $62.6 billion, from $265.3 to $202.7 billion, Breitbart News reported,” WND said.

Over the course of the last 12 months, the value of Disney’s shares has taken a massive hit, falling more than 30 percent, which officially makes it the worst performing stock of the Dow Jones Industrial Average index.

“Florida’s Parental Rights in Education law, mischaracterized by opponents as the ‘Don’t Say Gay’ bill, bans ‘classroom instruction by school personnel or third parties on sexual orientation or gender identity” in kindergarten through third grade. It also bars teaching “in a manner that is not age appropriate or developmentally appropriate for students,'” WND reported.

Disney then responded by releasing a statement where the company said that it’s goal “is for this law to be repealed by the legislature or struck down in the courts, and we remain committed to supporting the national and state organizations working to achieve that.”

Florida’s superstar Gov. Ron DeSantis, along with the GOP-majority legislature responded to Disney by tossing out the special taxing district that enables Disney to self-govern its theme-park area.

Some videos that were leaked online featuring virtual meetings between Disney executives confirmed the “not-at-all secret gay agenda” of the company, which set its sights on trying to indoctrinate children.

“Those were the words of Latoya Raveneau, an executive producer who told her colleagues during a meeting in March that she and her team are regularly ‘adding queerness’ to children’s programming,” the report noted.

This is a blatant attempt to normalize sexual deviancy and to undermine the values that might be taught to children concerning what is and is not acceptable sexual practice. Most of all, it’s exposing kids to issues they are not ready to learn about. These issues should be left up to the parent to discuss.

“In another leaked video, Disney corporate president Kathy Burke told employees that ‘as the mother [of] one transgender child and one pansexual child,’ she supports having ‘many, many, many LGBTQIA characters in our stories.’ She said she wants a minimum of 50% of characters to be LGBTQIA and racial minorities,” WND revealed in the report.

DeSantis went on to point out that Disney’s statement in opposition of the law was “fundamentally dishonest” and “crossed the line.”

“This state is governed by the interests of the people of the state of Florida,” the governor remarked. “It is not based on the demands of California corporate executives. They do not run this state. They do not control this state.”

“A member of Disney’s ‘Imagineering’ team of creative talent wrote a column under a a pseudonym citing internal communications that demonstrate the company has been ‘rotting from the inside for quite some time,'” the report noted.

WND then said, “Meanwhile, entrepreneur and political commentator Vivek Ramaswamy believes Disney’s embrace of radical transgender activism largely is influenced not by disgruntled and activist employees but by the entertainment giant’s biggest investors.”

He went on to note that the company’s three largest shareholders are also the country’s three largest asset managers, BlackRock, State Street, and Vanguard Group. Together these three asset managers actually manage more than $20 trillion, which, for context, is more than the current GDP of the U.S.

“Actually, if you’re a CEO in a public company today, you find yourself sandwiched not just between your progressive, woke employees,” he commented, but also the shareholders, who are “quietly whispering in your ear that they want to see you doing the same things, too.”

Copyright 2022. RallyingPatriots.com

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