State of South Carolina Divests From Woke Disney Due to ‘Structural Rot’
The state of South Carolina has divested itself from Disney but not for the exact reason you might think.
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.
As a financial matter, it makes even more sense.
RedState reports:
South Carolina Divests Millions From Disney Over ‘Structural Rot’
And Disney takes another blow on the chin, this time from South Carolina.
According to Moneywise, South Carolina State Treasurer Curtis Loftis has divested the state’s money from Disney over the corporation not doing its fiduciary responsibility.
