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Disney Finds Out: Stock Down Almost $200 Billion as America Rejects Woke Perversion of Walt's Legacy
Red State ^ | 08/29/2023 | Brandon Morse

Posted on 08/29/2023 8:34:06 PM PDT by SeekAndFind

Walt Disney's corpse could provide endless power to an entire region of the United States from all the turning over in his grave that he's currently doing. As a very pro-American man, Disney detested communism openly and strove for excellence in creation and imagination. 

What modernity and those who subscribe to it have done to his company is nothing short of an atrocity, and the House of Mouse that Walt built is suffering from an infestation of squatters that not only trash his company's legacy but move to direct the company in the very political direction Disney fought against. 

But perhaps Disney will get some justice as the company that bears his name is sinking below the waves, as it's better for the company to be destroyed than let it continue to pervert and ruin its own legacy.

Sure enough, the damage being done to Disney by those currently in charge of it is so extensive that markets show a company bleeding out. 

As previously covered by Newsmax, Disney's stock price now sits at a 9-year low of $83.53 with its market cap having fallen a whopping 56 percent since March 22, 2022. That means it fell from $350.09 billion on that date to $196.05. 

This isn't a good look to investors, but that's just an element of Disney's problem. A bad stock price is just the symptom of a disease that Disney has no desire to shake. 

As I last reported, Disney CEO Bob Iger said during a Q3 report that his company would begin toning down both the cost of its creations and the pace at which they're released, but this misses the point. While both of these things are definitely something harming Disney's bottom line, it's not the key issue: 

The real issue on Disney's hands at this time is that it's burned too many bridges with its would-be audience. It's politicized itself so heavily that half the country despises the company, and on top of that, few people want to show up to a Disney flick to get preached at or bear witness to another boring CGI-fest whose stories were written by activists and not storytellers. 

Disney has shown a clear disdain for Americans and their values while embracing a bubble-like mentality surrounding radical leftist social justice values. They don't see their product as an artful creation but as a soapbox from which to finger-wag. 

(READ: Disney Doesn't Just Hate Its Product, It Hates You)

Disney's falling stock is a direct result of the Western world moving on from a propagandistic company that has allowed the personal politics of its executives and workers to infect and dictate what it creates. Disney became so hubristic about its political positions that it openly announced a crusade against Florida's "Parental Rights In Education" bill, falsely calling it the "Don't Say Gay Bill" and condemning Florida Republicans. 

It was a move that the company would regret as Florida Governor Ron DeSantis would proceed to strip Disney of its tax haven in the state for daring to step into the world of politics and with the aim of depowering parents no less. 

The current crop of executives and workers has so ruined Disney that it's unclear what the path is for its recovery other than dissolution and its parts sold off to the highest bidder. It's already happening as Iger has begun selling off Disney's television properties, and rumors are swirling that a sale to Apple could take place. 

(READ: Disney Collapses Under Its Own Woke Weight and Iger Is Looking to Sell)

If Disney falls then it will be a tragic end to a once-great kingdom, but it will also be a damning rebuke of the radical leftism that has infected mainstream media by the American people themselves. It sends the message that nothing is too big to fail if the American people say so and that even great empires can be toppled. 



TOPICS: Business/Economy; Music/Entertainment; Society; TV/Movies
KEYWORDS: disney; stock; woke
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1 posted on 08/29/2023 8:34:06 PM PDT by SeekAndFind
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To: SeekAndFind
F’ around

Find out.

2 posted on 08/29/2023 8:35:53 PM PDT by Deaf Smith (When a Texan takes his chances, chances will be taken that's for sure.)
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To: SeekAndFind

They are proud to be martyrs for their cause.


3 posted on 08/29/2023 8:36:34 PM PDT by Dogbert41 (“Blessed are the peacemakers, for they will be called children of God” -Matthew 5:9)
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To: SeekAndFind

Hopefully Disney ditches the woke cult once and for all.


4 posted on 08/29/2023 8:45:16 PM PDT by No name given (Anonymous is who you’ll know me as )
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To: SeekAndFind

I’ll hazard while its probably partially due to their woke bs, I would suggest its probably more the economy. Who can afford anything disney offers when they’re buying groceries on credit.


5 posted on 08/29/2023 8:51:42 PM PDT by SPDSHDW (Ron DeSantis. The latest GOPe champion in a long list of winners. Jeb! Mitt Romney, and John McStain)
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To: Dogbert41
They are proud to be martyrs for their cause.

Absolutely. You would think by now most Freepers would understand that concept. It's almost as if they've completely missed what's been going on in this country for quite some time.

6 posted on 08/29/2023 8:52:31 PM PDT by CatOwner (Don't expect anyone, even conservatives, to have your back when the SHTF in 2021 and beyond.)
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To: SeekAndFind

When these leftist, anti capitalist globalists take control of an American company they take it on a woke path that destroys it and they move on to the next. The iconic all American Disney was a great prize for them to seize and use as a propaganda platform as they wrecked it. When globalists take control of a corporation’s board, sell your stock immediately.


7 posted on 08/29/2023 8:54:52 PM PDT by allendale
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To: SeekAndFind

Global Warming causes wokeism.


8 posted on 08/29/2023 8:56:49 PM PDT by George J. Jetso
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To: SeekAndFind

BTTT


9 posted on 08/29/2023 9:01:55 PM PDT by nopardons ( )
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To: SeekAndFind

My beautiful, sweet young second cousin informed me she was asexual or non-binary or something along those lines. She was in her twenties and working for Disney at the time. I now know where she was indoctrinated. It saddened me to see a normally bright young lady fall for such drivel.


10 posted on 08/29/2023 9:04:43 PM PDT by skr (Righteousness exalteth a nation: but sin is a reproach to any people. - Proverbs 14:34)
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To: SeekAndFind

The name...WALT DISNEY SHOULD BE REMOVED FROM THE WHOLE ENTERPRISE.

Neither Mr. Disney nor WE should have anything to do with this adventure into Dismal Fantasy Land.

Just leave it to those horrible creatures from he!!.


11 posted on 08/29/2023 9:06:32 PM PDT by Maris Crane
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To: SeekAndFind

Nice! Keep sinking, Disney!


12 posted on 08/29/2023 9:07:42 PM PDT by Allegra (Stop the Zeepers from Censoring FReepers)
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To: SeekAndFind

This is certainly a serious topic, but the writer’s first sentence made me laugh.

‘Disney’s corpse could provide endless power to an entire region of the United States from all the turning over in his grave that he’s currently doing!”


13 posted on 08/29/2023 9:07:45 PM PDT by lee martell
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To: Maris Crane

Just call it “Satan World”


14 posted on 08/29/2023 9:07:52 PM PDT by dfwgator (Endut! Hoch Hech!)
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To: No name given

That’s 90% of the company.


15 posted on 08/29/2023 9:09:27 PM PDT by HYPOCRACY (This is the dystopian future we've been waiting for!)
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To: lee martell

How does a cryogenically frozen head in Sleeping Beauty’s castle generate electricity?

(Only kidding. But it’s a rumor that Walt froze himself)


16 posted on 08/29/2023 9:17:05 PM PDT by sloanrb
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To: SeekAndFind

The Disney ceo an board members are all still there after losing $200 billion. Iger started the last slate of movies before he retired then the new ceo was blamed for the losses so they brought back Iger and the losses keep mounting.


17 posted on 08/29/2023 9:25:39 PM PDT by minnesota_bound (Need more money to buy everything now)
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To: sloanrb

I remember 1966, in part because of two deaths
(I was a morbid kinda child).

Diane Linkletter (daughter of Art Linkletter, the famous TV host) jumped out of a high rise window during a bad LSD trip.
It was in the news for months afterward. October 1966.

Walt Disney ‘dies’ at age 65 of lung cancer. December 1966


18 posted on 08/29/2023 9:26:03 PM PDT by lee martell
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To: dfwgator

Yes.

And I think of the disgrace and humiliation that it must cause to ever enjoyed going to Disney World, ever enjoyed the thrill of what Majic it provided for our children, and they want to, with smiles on their faces, DESTROY ALL THE MAJIC THAT WAS SUCH A BIG PART OF OUR LIVES.

Guess what, Disney, you can be replaced with Great Family Television. In plain words, NO BODY OR ORGANIZATION IS TOO BIG TO FAIL...GE, SEARS, BUD, GIMBELS, ET AL...

I shall relish your demise.


19 posted on 08/29/2023 9:29:49 PM PDT by Maris Crane
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To: SeekAndFind

Time to bail out on Disney..stock prices will go even lower. No money to operate and meet it’s obligations...it will die. Remember who their leaders are and get rid of any company that hires them. Gotta push inBev and Target out of business too. It can be done. Just find other businesses who can fulfill your necessary needs. Plenty of good non woke brews, plenty of clothes makers, etc, and certainly better entertainment than Disney. Get the list of the top 100 all time movies and books and read and watch them all.


20 posted on 08/29/2023 9:51:23 PM PDT by Getready (Wisdom is more valuable than gold and harder to find.)
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