Tuesday, May 24, 2022

Thums Down on ‘Wok’: The ‘Disney debacle’ lesson for CEOs

Of course the ink is barely dry on the Supreme Court’s draft decision to overturn Roe v. Wade, and a draft isn’t entirely a decision, but it’s refreshing to hear nothing from business leaders on this controversial cultural issue.

Maybe our corporate elite has finally woken up to the notion that angering more than half the country with virtuoso on progressive issues is bad business. Or maybe they’re ignoring political noise and busy doing what they’re paid to do – trying to run profitable companies that deliver returns for their shareholders.

Either way, silence is golden, and we can thank Ron DeSantis of Florida Gov.

DeSantis did something that would have made film character Jimmy Malone proud. Malone, played by Sean Connery in the 1987 flick “The Untouchables,” is the tough, seasoned cop who explained to Eliot Ness how to beat Al Capone and his criminal gang: “They pull a knife, you pull a gun. He sends one of yours to the hospital, you send one of his to the morgue.”

For the record: I’m not advocating violence in defeating corporate walksters, or anyone for that matter.

But there’s something to be said about following Jimmy Malone’s logic and taking corporate-conscious gangsters into battle if they choose to be an arm of the Democratic Party’s AOC—the Elizabeth Warren wing. And that’s exactly what DeSantis did in his fight and win on the merits of the Disney theme-park and entertainment corporate empire.

According to my sources, the C-suite types were not only watching closely, but also learning something about a new brand of GOP politics after DeSantis punched Disney CEO Bob Chapek.

Chapek thought it was a smart idea to follow the lead of some of his far-left employees, who demanded that he speak out against Florida law, which he unfairly and derogatory termed “don’t say gay.”

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Ron DeSantis of Florida Gov. shows how governments can fight against corporate virtual signaling to the Left.
Ron DeSantis of Florida Gov. shows how governments can fight against corporate virtual signaling to the Left.
Paul Hennessy / SOPA Images / Shutterstock

Keep in mind, the law doesn’t say it all; It simply states that children from kindergarten to third grade do not need sex-ed lessons or gender-identity sermons when they should learn the ABCs and how to conjugate.

left wing rally cry

The Cultural Left doesn’t really care about the truth when it comes to advancing its agenda. Leftists and their friends in the media created fake memes as part of the rally, hoping to generate public and corporate pressure to take back the state. And it worked, at least for a while. After keeping his mouth shut (smart!), Chapek gave in to the scorching heat (dumb!), and publicly attacked the law.

Disney’s corporate headquarters are in Burbank, Calif. But, it is fair to say that Florida is its second home. It is one of the largest employers in Florida. The Disney World theme park is a cultural landmark of the state, so much so that the company has received corporate welfare writs for decades and its campus near Orlando serves as a de facto independent local government.

not anymore. DeSantis did what lawmakers should have done, when all those corporate CEOs decided to attack Georgia’s voting law as racist by giving it to the waking crowd on the streets and on Twitter when it only checks ID: He fought back.

He did not criticize Disney and Chapek for political grandeur, he pushed a law through the Florida legislature that repealed the company’s corporate-welfare gifts, including tax breaks, access to the low-cost municipal bond market, and Other privileges included.

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Walt Disney Company CEO Bob Chapek
Disney CEO Bob Chapek was foolish to bow down to his far-left activists in protest of DeSantis’ “Don’t Say Gay” law.
Reuters/Katherine Taylor

Then came this warning from the Republican governor: “If you’re in one of these corporations, if you’re the woke CEO, you want to get into our legislative business, look, it’s a free country. But understand, If you do that, I’m fighting against you. And I’m going to make sure people understand your business practices, and don’t like what you’re doing.”

DeSantis is despised by the Left and most of the media because he embodies Donald Trump’s tendency to multiple wins without losing the former president’s rough spot (meaning, no tweeting from the Florida governor).

That is why he remains popular in his state and should be re-elected despite barely defeating his Dem rival four years ago. Disney’s fight isn’t going to hurt his standing with voters. He is already considered a 2024 GOP presidential contender, and fellow GOP public officials are likely to follow his lead when the business community turns up arms on the left.

Workers load an All-Star sign onto a trailer after it is removed from Truist Park in Atlanta on Tuesday, April 6, 2021.
The Altanta Braves lost their rights to host the 2021 All-Star-Game because of protesters protesting Georgia’s voter ID laws.
John Spink/Atlanta Journal-Constitution via AP

fighting back

My D.C. sources say if the GOP takes over the House and Senate in the midterms this year, watch them go on offense against corporate woosters. GOP circles of public hearings are already forcing CEOs to explain why they think it’s in the best interests of their shareholders and to support left issues, which are opposed by many Americans. .

If my sources are telling me this, I’m pretty sure that Wall Street and even the army of lobbyists employed by Big Tech are saying the same thing to their CEOs. Perhaps that is why we have heard so little from him about the draft decision of Roe v. Wade.

If they’re smart, they’ll keep it that way.

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Nation World News Desk
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