Republican Florida Gov. Ron DeSantis has made a name for himself by taking the fight to his political opponents and giant corporations like Disney.
Recently, America’s Governor aimed his target at a massive conglomerate that makes Disney look like small potatoes.
And now this red state is joining DeSantis’ stand against one of the largest and most woke companies in the entire world.
DeSantis vs. Disney
Ron DeSantis’ bold agenda for Florida since taking the reins as Governor has made him popular with Sunshine State residents and conservatives across the country.
As America’s Governor has shot up the GOP’s rising star charts, he’s drawn the ire of Democrat politicians, woke celebrities and the corporate-controlled media.
One of his biggest rivalries has come against Disney Corporation.
But the results have been one-sided.
Gov. DeSantis moved for the legislature to take away Disney’s self- governing status in the state – costing them untold millions of dollars.
And while DeSantis cruised to re-election in landslide fashion – defeating Charlie Crist, one of the biggest names in Florida politics, by 19.5 points in the 2022 Midterm elections – Disney’s stock has tanked since picking a fight with the Florida Governor.
After alienating half the country, Disney CEO Bob Chapek lost his job.
EXCLUSIVE: I have obtained video from returning Disney CEO Bob Iger's first town hall with employees, in which he signals that he will work to "quiet things down" politically and move toward neutrality in the culture war.https://t.co/ZBGdHhxFVS pic.twitter.com/ZbMCZN4MlG
— Christopher F. Rufo ⚔️ (@realchrisrufo) November 29, 2022
Disney brought back retired CEO Bob Iger – who, at a recent employee town hall, made it clear Walt’s former company is going to play it politically neutral moving forward . . . though Iger himself recently stepped in controversy by calling for more gun control.
DeSantis vs. BlackRock
DeSantis has moved on to an even larger target.
The Sunshine State is the latest and largest state to pull all investments out of one of the biggest companies in the world.
Reuters is reporting Florida CFO Jimmy Patronis said the state’s Treasury is divesting more than $2 billion from BlackRock.
BlackRock, a do-it-all company that is closely aligned with the World Economic Forum, has a history of pushing for social activism and woke policies.
The company has pushed for carbon-emission reductions, DEI board hires, and other Environmental Social Governance (ESG) moves.
“Florida’s Treasury Division is divesting from BlackRock because they have openly stated they’ve got other goals than producing returns,” Patronis said.
Ironically, BlackRock is now saying it’s DeSantis who is putting politics before profits.
“We are disturbed by the emerging trend of political initiatives like this that sacrifice access to high-quality investments and thereby jeopardize returns, which will ultimately hurt Florida’s citizens. Fiduciaries should always value performance over politics.”
Arizona vs. BlackRock
Now, the Grand Canyon State is following DeSantis’ lead.
Fox News is reporting Arizona has divested nearly all of its direct investment in BlackRock.
According to the report, the move is being made in protest of the investment firm’s ESG policies.
“BlackRock moved from a traditional asset manager to a political action committee,” said Arizona Treasurer Kimberly Yee. “Our internal investment team believed this moved the firm away from its fiduciary duty in general as an asset manager.”
Yee, a Republican, won re-election by 11.5-points in the 2022 Midterms.
However, her new boss starting next year will be Governor-elect Katie Hobbs – a Democrat who won an incredibly controversial and close contest against Kari Lake.
It remains to be seen if Hobbs will override Yee’s new directive.
Along with Florida and Arizona, Louisiana, and Missouri have also divested from BlackRock.
Vanguard Group is also starting to receive push back from Republicans over its ESG focus.
Meanwhile, some Republicans are also requesting FedEx and UPS clarify their policies on tracking firearms shipments.