{"id":22524,"date":"2023-12-27T03:42:37","date_gmt":"2023-12-27T03:42:37","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=22524"},"modified":"2023-12-27T03:42:37","modified_gmt":"2023-12-27T03:42:37","slug":"state-of-south-carolina-divests-from-woke-disney-due-to-cultural-rot","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=22524","title":{"rendered":"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019"},"content":{"rendered":"

The state of South Carolina has divested itself from Disney but not for the exact reason you might think.<\/p>\n

It would make perfect sense if South Carolina did this on the basis of the woke culture at Disney, but it was actually for a more practical reason. They did this because Disney is more interested in pushing woke culture than delivering returns for their investors.<\/p>\n

As a financial matter, it makes even more sense.<\/p>\n

RedState<\/a> reports:<\/p>\n

South Carolina Divests Millions From Disney Over \u2018Structural Rot\u2019<\/strong><\/p>\n

And Disney takes another blow on the chin, this time from South Carolina. <\/p>\n

According to Moneywise<\/a>, South Carolina State Treasurer Curtis Loftis has divested the state\u2019s money from Disney over the corporation not doing its fiduciary responsibility. Loftis blamed a \u201cstructural rot\u201d within the company that he doesn\u2019t see it getting away from: <\/p>\n

\u201cI think it\u2019s clear to anybody paying attention that there\u2019s a structural rot inside of Disney. It\u2019s deep, it\u2019s pervasive, and I suspect Bob Iger, since his return as the CEO, now realizes it can\u2019t be fixed,\u201d he told Fox Business Digital, adding that it \u201cdoes not bode well\u201d for the future of the company.<\/p>\n

The amount of money South Carolina is pulling out of Disney isn\u2019t small either: <\/p>\n

Fox Business Digital reported that the portfolio of the State Treasurer\u2019s Office included $105 million in Disney debt securities, which will not be renewed upon maturity. In total, Loftis is responsible for managing $67 billion in public funds.<\/p>\n

Get woke, go broke.<\/p>\n

MERRY Christmas Patriots!<\/p>\n

“Tremendous loss to America’: South Carolina is dumping $105M of Disney investments, blaming ‘structural rot’ in the company.”<\/p>\n

Go woke, go broke. see ‘ya bye Disney.https:\/\/t.co\/vBHHEipnds<\/a><\/p>\n

\u2014 Mustang7292 \u2013 COA (@Paul_at_PSG) December 25, 2023<\/a><\/p>\n\n

South Carolina is dumping $105M of Disney investments, blaming ‘structural rot’ in the company \u2014 Treasurer warns the sane people are now gone. Time to sell DIS?https:\/\/t.co\/TFAaxAqknt<\/a> pic.twitter.com\/cQIK4AKain<\/a><\/p>\n

\u2014 RealPro (@RealPro4Real) December 26, 2023<\/a><\/p>\n\n

It\u2019s a shame what the leadership of Disney has done to a once great company.<\/p>\n

The post State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

The state of South Carolina has divested itself from Disney but not for the exact reason you might<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-22524","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nState of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019 - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=22524\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019 - Sasquatch News Online\" \/>\n<meta property=\"og:description\" content=\"The state of South Carolina has divested itself from Disney but not for the exact reason you might\" \/>\n<meta property=\"og:url\" content=\"https:\/\/sasquatchnewsonline.com\/?p=22524\" \/>\n<meta property=\"og:site_name\" content=\"Sasquatch News Online\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-27T03:42:37+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=22524#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=22524\"},\"author\":{\"name\":\"\",\"@id\":\"\"},\"headline\":\"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019\",\"datePublished\":\"2023-12-27T03:42:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=22524\"},\"wordCount\":382,\"commentCount\":0,\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=22524#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=22524\",\"url\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=22524\",\"name\":\"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019 - Sasquatch News Online\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/#website\"},\"datePublished\":\"2023-12-27T03:42:37+00:00\",\"author\":{\"@id\":\"\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=22524#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=22524\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?p=22524#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/#website\",\"url\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/\",\"name\":\"Sasquatch News Online\",\"description\":\"Simple News Aggregator for Tall Furry Mammals\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/sasquatchnewsonline.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019 - Sasquatch News Online","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/sasquatchnewsonline.com\/?p=22524","og_locale":"en_US","og_type":"article","og_title":"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019 - Sasquatch News Online","og_description":"The state of South Carolina has divested itself from Disney but not for the exact reason you might","og_url":"https:\/\/sasquatchnewsonline.com\/?p=22524","og_site_name":"Sasquatch News Online","article_published_time":"2023-12-27T03:42:37+00:00","twitter_card":"summary_large_image","twitter_misc":{"Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/sasquatchnewsonline.com\/?p=22524#article","isPartOf":{"@id":"https:\/\/sasquatchnewsonline.com\/?p=22524"},"author":{"name":"","@id":""},"headline":"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019","datePublished":"2023-12-27T03:42:37+00:00","mainEntityOfPage":{"@id":"https:\/\/sasquatchnewsonline.com\/?p=22524"},"wordCount":382,"commentCount":0,"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/sasquatchnewsonline.com\/?p=22524#respond"]}]},{"@type":"WebPage","@id":"https:\/\/sasquatchnewsonline.com\/?p=22524","url":"https:\/\/sasquatchnewsonline.com\/?p=22524","name":"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019 - Sasquatch News Online","isPartOf":{"@id":"https:\/\/sasquatchnewsonline.com\/#website"},"datePublished":"2023-12-27T03:42:37+00:00","author":{"@id":""},"breadcrumb":{"@id":"https:\/\/sasquatchnewsonline.com\/?p=22524#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/sasquatchnewsonline.com\/?p=22524"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/sasquatchnewsonline.com\/?p=22524#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/sasquatchnewsonline.com\/"},{"@type":"ListItem","position":2,"name":"State of South Carolina Divests From Woke Disney Due to \u2018Cultural Rot\u2019"}]},{"@type":"WebSite","@id":"https:\/\/sasquatchnewsonline.com\/#website","url":"https:\/\/sasquatchnewsonline.com\/","name":"Sasquatch News Online","description":"Simple News Aggregator for Tall Furry Mammals","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/sasquatchnewsonline.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"}]}},"featured_image_urls":{"full":"","thumbnail":"","medium":"","medium_large":"","large":"","1536x1536":"","2048x2048":"","darknews-slider-full":"","darknews-featured":"","darknews-medium":"","darknews-medium-square":""},"author_info":{"display_name":"","author_link":"https:\/\/sasquatchnewsonline.com\/?author=0"},"category_info":"<a href=\"https:\/\/sasquatchnewsonline.com\/?cat=1\" rel=\"category\">Uncategorized<\/a>","tag_info":"Uncategorized","comment_count":"0","jetpack_sharing_enabled":true,"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22524","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=22524"}],"version-history":[{"count":0,"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=\/wp\/v2\/posts\/22524\/revisions"}],"wp:attachment":[{"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=22524"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=22524"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sasquatchnewsonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=22524"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}