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Disney shareholders should be furious: Mark Simone - YouTube
Channel: Fox Business
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yeah so disney corp has gone woke what
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else is new who cares what they think
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about education policy or by the way who
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cares what they think about anything i
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don't care just run your damn amusement
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park anyway joining me to talk about
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this uh jason chaffetz former utah house
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member and fox news contributor and mark
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simone wor radio host you're the highest
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rated radio guy
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in the world in the country you're the
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highest rated television show that's why
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well we're on business tv anyway but
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thank you for that i appreciate it all
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right so this is look let's just set
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stage real quick the parental rights in
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education bill from governor desantis
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right
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prohibits florida educators from
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teaching about sexual orientation or
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gender identity in kindergarten through
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third grade which does not strike me as
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a horrible request and the disney
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corporation
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our goal as a company is for this law to
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be repealed by the legislature or struck
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down in the courts and we remain
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committed to supporting the national and
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state organizations working to achieve
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that we are dedicated to standing up for
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the rights and safety of lgbtq plus i
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mean
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can't they just run their amusement park
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i don't i'm not interested in their
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education policy what you think jason
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yeah i mean worry more about getting
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winnie the pooh out there to greet the
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kids and mickey mouse and shaking hands
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with the kids i i look if i was a
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shareholder i'd be offended that the the
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management there at disney is offending
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the majority of americans why create and
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bring this problem on they should take
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an agnostic position as it relates to
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to government politics stay out of it do
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with the core of their business if
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you're trying to drive shareholder value
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you want to get maximize the number of
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people watching your show and
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participating if behind the scenes
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they've got an agenda where they need to
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have a certain number of ethnicities and
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represented i understand that but don't
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go out there and pick on the governor
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and offend the majority i think of of
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americans and their families and their
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parents probably the majority of people
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that come to disney world what does it
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drive the revenue kind of a middle-class
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kind of uh amusement park and so forth
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by the way you mentioned shareholders
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played right into this one which i love
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a year ago the disney stock was 197.
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today it's 140. so the 52-week change is
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minus 36
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did they underperform the market yes
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they did the s p 500 is up 16
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while disney is down 36
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so they ought to kind of stick to their
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own knittings which is
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profits earnings efficiency productivity
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mark simone walt disney's turning over
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in his freezer i mean
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yes
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if you're a disney shareholder you
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should be furious this is a great stock
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for decades how did they get involved in
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a scandal do they have absolutely no
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connection to they have nothing to do
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with this scandal drag themselves into
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it stop holding town halls every ceo in
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the world don't ever hold a town hall in
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the age of cell phones everything's
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going to get recorded and repeated it's
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a disaster uh the bill is pretty simple
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no one is allowed to discuss sexuality
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with a six-year-old right that should be
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a federal law nobody anywhere can
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discuss sexuality with this by the way
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uh um walt disney was a pal reagan's
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yeah he was a conservative he was a
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conservative lifestyle guy but he was a
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conservative politically but all he
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wanted to do was have these you know
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disneyland great films i mean mickey
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mouse and minnie mouse and
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guy grew up with it now we're talking
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about woke and education and on
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lgbtq look i don't care about the sexual
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thing i'm just saying who
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who cares this is a
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generic issue jason chaffetz
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these companies are weighing in on
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policy issues whether anyone asks them
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or not
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i don't get that now somebody i had
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lunch with somebody today no name who's
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a corporate advisor who said well
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they're
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lower level employees
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i said so what just tell me pipe down
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that's not the business they're in if
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they don't get that should be in the
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business yeah after hours if they want
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to participate with a political party or
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exercise their free speech great but
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when you come to work at your company do
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the work that you're supposed to do
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don't be out there trying to advocate
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for a political agenda that is going to
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be divisive and they picked the wrong
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one i mean they're making ron desantis
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just look like
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a political i mean to go out and suggest
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that second graders should be taught uh
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about their sexual preferences and and
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gender choices it's just perverted in my
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opinion desantis should give them a tax
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credit for promoting his presidential
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campaign i mean really or sent something
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to their pack i mean
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i mean we think he does protest too much
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he's a very smart politician and he's
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been an excellent governor no question
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but this kind of thing from this kind of
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company really helps it it doesn't hurt
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it doesn't hurt them it helps them yeah
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it should be declared a campaign
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contribution
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can i ask you though why do these
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companies i mean we had this uh with the
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all-star game in
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in atlanta when delta airlines and a
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couple others uh how they would end up
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losing the all-star game cost a lot of
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money for small black businesses why
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these companies feel compelled to get
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into these it's funny they're not even
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tax issues which would affect the
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company or regulatory issues they're
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social issues they're left-wing woke
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social issues what's up with that
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they're terrified they're terrified
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they're scared you know great ceos from
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the jack welch lee iacocca rupert
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murdoch you can't picture them panicking
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getting afraid
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they would simply say we're in the
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amusement park business you know we make
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ferris wheels we don't get involved in
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education it's not our field but they're
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afraid to not be totally woke and just
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cave in on everything
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they do so at their own peril they're
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paying the price can i just tell you i
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love it that their stock price is down
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36
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serves them right
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jason chaffetz and mark simone and
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governor ron desantis thanks ever so
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much and disney where is walt disney now
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that we need
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