Posted on 07/20/2023 9:57:09 PM PDT by Morgana
Ron DeSantis wants the state's pension fund to investigate Bud Light-makers AB InBev and possibly explore a lawsuit for putting social activism ahead of shareholders during its partnership with Dylan Mulvaney.
The Florida Governor, a 2024 Republican presidential candidate, sent a letter to the fund's interim director Lamar Taylor, where he said that 'all options are on the table after partnering with the transgender influencer caused Bud Light's parent company, Anheuser-Busch, a $27 billion loss.
'We must prudently manage the funds of Florida's hardworking law enforcement officers, teachers, firefighters, and first responders in a manner that focuses on growing returns, not subsidizing an ideological agenda through woke virtue signaling,' DeSantis wrote.
The governor is a trustee on the pension fund's board that manages retirement funds for public workers. Speaking to Jesse Watters on Fox News Thursday, he added that it could lead to a derivative lawsuit filed on behalf of the shareholders.
DailyMail.com has reached out to spokespersons for AB InBev for comment on the matter.
Bud Light sales continue to plummet in regions across the US - nearly three months after the brand's polarizing partnership with the transgender TikTok star.
Sales in North and South Carolina suffered the greatest dip, falling from 20 percent in 2022 to 12.5 percent in the same period of 2023- a drop of nearly 7 percent, according to the hospitality consumption data platform Union.
New York and New Jersey stumbled 5.1 percentage points combined, followed by Texas with a 2.4 points dip, Oregon and Washington falling 1.8 points and California with a 0.85 point drop.
The embattled beer brand had better luck in Texas, but still saw declining sales across the state. Bud Light sales dropped 2.4 points from 8 percent sales in 2022 to 5.6 percent in 2023.
(Excerpt) Read more at dailymail.co.uk ...
Shareholders will eventually get their say. DeSantis again acts in Florida instead of just talk.
Ron should’ve waited until 2028. He could’ve had a unified conservative base behind him.
As it is, he’s being given the Fake News treatment from the criminal media, and hardly anyone notices.
Yawn. He’s posturing. ‘Look at me I’m the antiwoke!’
Gillette has lost $50billion in six years.
A once iconic brand is abt to become extinct thanks to a 2017 ad campaign.
Most completely forgot abt this and no one was held accountable.
I had no idea that Gillette was still losing due to that add.
Get over the ‘should have waited until 2028’, he’s running now, a real conservative, more than Trump, GOPe, RINOs, etc. If he was good enough for 2028, he’s good enough for 2024. Trump can either compete and win, or lose, or drop out. That’s Trump’s choice.
A true leader would be dealing with issues before they arise, have a simple honest effective game plan for addressing all sorts of issues the state faces, like not allow illegals in the state to harm it’s citizens instead of continuing to allow them entry then ship them around etc, like having steps to quickly thwart corruption in the state govt or it’s connections with businesses instead of waiting til you run for higher office then start dealing with these issues.
Desantis had a first term, why didn’t he address these things then?
Some here onFR want to ask why didn’t Trump fully get wall built or deal with some things on his first term. They know Trump spent his first term fighting against dems and many republicans to try to get important and good things done. Trump was dealing with whole country and global level. He did many wonderful things people thought he could not get done, yet he did.
what’s Ron’s excuse for not accomplishing many important things his first term? he was only dealing with a single state within the country.
I guess Ron thinks this strategy will somehow energize his campaign.
Didn’t Elizabeth Stinky Warren push for something like this against Elon Musk?
This is a shareholder problem, not the peoples’ of Florida.
The usual pattern for such law suits is that after they are filed, they go through a year or two of motion practice and discovery and then get settled for cash and changes in business practices. If enough public and private pension funds join in, the bad publicity and their combined economic clout and the risk of an adverse settlement or decision at trial can make for unbearable pressure on the defendants. Even the filing of such a case will discourage Woke policies in corporate America.
What he has been doing lately is making me feel much better than a week or so ago.
Did you bother to look up what he accomplished in his first term (when COVID began, when he was fixing election integrity and dealing with the worst hurricane Florida has had so far)? Those are just a few examples. I leave it to you to do your own homework.
BTW, how was he supposed to know that Bud Light was going to jeopardize the pension fund in his first term? They didn’t create the ad until this year.
I wonder if Ron has stock in AB?
RdS knows he has one chance, that Uniparty/Soros kangaroo court lottery ticket he has in his back pocket.
Yawn. He’s posturing. ‘Look at me I’m the antiwoke!’
Where’s Trump on this issue?
Does this issue need any Presidential candidate?
It was the PEOPLE who went after Butt Lite and we didn’t need the candidates to act like they did something because they didn’t.
Ron is being an opportunist.
No proof —-I’ve asked you Desnatis haters here for proof again and again.
Every action he takes is the opposite of that claim.
I hope this means that DeSantis is abandoning his failed Presidential campaign and going back to being the great Governor of Florida.
I love it when he plays rollerball with these woke jokes.
More rollerball from DeSantis.
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