South Carolina Will No Longer Invest in Disney, Cites Company’s Embrace of Far-Left Activism
The state of South Carolina will no longer be investing in The Walt Disney Company, with the state’s treasurer saying Disney has “abandoned its fiduciary responsibilities to its investors and customers” by embracing far-left activism.
South Carolina State Treasurer Curtis Loftis made the announcement in a press release on Tuesday, saying the state has removed Disney from its approved investment list.
The State Treasurer’s Office portfolio currently contains $105 million dollars of Disney debt instruments that will mature as scheduled and will not be replaced, according to the release.
Loftis said in the announcement: “Disney has abandoned its fiduciary responsibilities to its investors and customers ” by joining far-left activists in “boycotting legal, taxpaying, employment-creating corporations to further Disney’s political agenda.”
While Loftis didn’t mention any corporations by name, Disney recently joined the growing advertising boycott of Elon Musk’s X, formerly known as Twitter.
“Multi-billion-dollar corporations should not engage in boycotts designed to silence legitimate debate,” Loftis said. “Since America’s founding, freedom of speech has been one of its core principles, and Disney should not engage in nefarious practices aimed at silencing those with less power and money.”
Disney has also sought to nullify the will of Florida voters by fighting to repeal the state’s Parental Rights in Education Law, which prohibits the indoctrination of public school students into radical gender and LGBTQ ideology.
South Carolina’s announcement comes as Disney is looking to put down roots in the state’s northern, more left-wing neighbor. e
Disney said Wednesday it is going to build a residential community in North Carolina under its “Storyliving by Disney” brand. The new neighborhood — named “Asteria” — will be located near Raleigh, Durham and Chapel Hill.
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DON'T LET THE WOMAN FOOL YOU. WOKE CRAP ASIDE, NIKKI IS A RIGHT WINGER ALL THE WAY!
Bruner also mentioned how billionaires are beginning to back Nikki Haley, stating that these individuals “absolutely collude with each other.”
Nikki Haley: Government Shouldn’t Ban Child Sex Changes
Republican presidential primary candidate and former South Carolina Gov. Nikki Haley is facing renewed criticism just before Wednesday night’s GOP primary debate because of a June TV interview, where she said the government should not intervene if parents decide to put their children through irreversible, life-altering “transgender” surgery.
“The law should stay out” of matters involving troubled teens who demand sex-related medical treatments because “parents should handle it,” Haley told CBS.
Watch Below:
“What care should be on the table when a 12-year-old child in this country assigned female at birth says, ‘Actually, I feel more comfortable living as a boy.’ What should the law allow the response to be?” CBS asked Haley, to which the former U.S. ambassador to the United Nations replied, saying, “I think the law should stay out of it, and I think parents should handle it.”
Social media users quickly took to X/Twitter to express their dismay over Haley’s answer.
“Nikki Haley was just asked on CBS what should be done if a 12 year old decides they want a sex change and she said the law should stay out of it to let parents handle it. This is 1000% disqualifying. The law must intervene when a parent abuses their child,” conservative influencer Robby Starbuck reacted.
“It’s completely disqualifying,” another X/Twitter user wrote in the comment section of Starbuck’s post, echoing his sentiments.
“She is no vote for me,” another reacted. “Chopping off body parts of children, putting them on cancer causing hormones, for feelings, is a line I am not willing to cross.”
“She’s probably getting paid by big pharma,” another X/Twitter user surmised.
“You have to be 18 to get a tattoo and 21 to buy alcohol, but sex change for 12 years is perfectly fine?” another pointed out.
“Anyone supporting child genital mutilation is anti-human,” another declared. “Kids will follow all sorts of trends based on peer pressure, and it’s fine if it means having a weird haircut or clothing. Being sterilized for life is an entirely different thing.”
You can follow Alana Mastrangelo on Facebook and X/Twitter at @ARmastrangelo and on Instagram.
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