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The DeSantis gambit

lobosrul5 said:
What the actual ****?? InBev isn't even a US based company. It's possible the shareholders could sue them in... Belgium. If Belgian law allows it. But it's the GoP, they love lawsuits without actual standing.
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It's posturing. Hopefully, InBev will play that for all it's worth in advertising. "Bud Light! So darned bad the state of Florida tried to ban it!"
 
and to be clear, bud light mailed a promotional beer can to a trans. not a promotion in a store, or an ad, or for sale to anyone. they're having congressional hearings and doing investigations on that.

and i'm sure anyone that liked desantis before is, rightfully, too embarassed to defend him now since he's such garbage. but it's the whole party that's in on this stuff. and it's a shame because there's actually some pretty serious problems the world is facing now, and they're doing this. don't get me wrong, i'm glad they're doing this because i don't want them anywhere near ******* up the guys working on the actual problems. the shame is that conservatives don't seem to be capable of doing better, they've become a voice of dumb people for dumb people.
 
I just saw the DeSantis boy's quote about In Bev and suing over the trans influencer thing. He really just poisoned his own well. He said corporations should be punished for pursuing social agendas. That's straight up government restricting speech. That's going to be a problem for any law suit going forward.
 
Reading the link...

At the end of March, Florida’s pension fund held more than 682,000 shares of AB InBev valued at the time at nearly $46 million. The company’s stock price has fallen since then from $66 a share to $58, though it’s still higher than its 52-week low of $44 from September 2022, which was well before the company’s recent controversies.

This is not the first time DeSantis has threatened to use Florida’s $235 billion in pension investments as a cudgel in his political fights with corporate America.

So the lawsuit hinges on Florida's pension system making a ******* PROFIT... in a holding thats equivalent to about 2 one hundredths of one percent of the total fund ... jesus this would be like if I made a dollar on my retirement accounts, but social justice meant I only made 90 cents.
 
Meanwhile De Santis is doing nothing about the Insurance Crisis in Florida, with major companies withdrawing because the rising flood danger due to Global Warming has mad einsuring buuilding in low level aread of Florida too risky at the current rates..which are heavily regulated by the state government.
 
dudalb said:
Meanwhile De Santis is doing nothing about the Insurance Crisis in Florida, with major companies withdrawing because the rising flood danger due to Global Warming has mad einsuring buuilding in low level aread of Florida too risky at the current rates..which are heavily regulated by the state government.
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To be fair, there isn't much he can do about the insurance situation. Florida is sinking into the sea due to climate change, and the math makes insuring property there cost prohibitive. Maybe he can have Rick Scott dress up like Moses and command the Pacific Ocean to part for the next couple of decades...
 
Random said:
To be fair, there isn't much he can do about the insurance situation. Florida is sinking into the sea due to climate change, and the math makes insuring property there cost prohibitive. Maybe he can have Rick Scott dress up like Moses and command the Pacific Ocean to part for the next couple of decades...
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He can, apparently ,change the regulations to allow the insurance companies to increase rates, but the point is this is a real problem and De Santis is totally ignoring it.
 
dudalb said:
He can, apparently ,change the regulations to allow the insurance companies to increase rates, but the point is this is a real problem and De Santis is totally ignoring it.
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DeSantis likes to meddle with the most pointless of minutiae in the law where it can affect only a handful of people he doesn't like. So he is very likely fully aware of the insurance situation. Thus I would suggest it is very deliberate "ignorance" happening. That's his solution.
 
dudalb said:
He can, apparently ,change the regulations to allow the insurance companies to increase rates, but the point is this is a real problem and De Santis is totally ignoring it.
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He can help insurance companies jack up rates, and I am sure that's what the insurance companies that are staying are banking on, but he is already getting griping from voters over rising insurance rates, so helping raise them higher is probably a political non-starter.

Beyond that, he can try to put together a state government insurance program, which will have all the same problems with an added layer of political interference on top. After that, it's going begging to the Federal government for a bailout to be paid by blue states.
 
lobosrul5 said:
Reading the link...

At the end of March, Florida’s pension fund held more than 682,000 shares of AB InBev valued at the time at nearly $46 million. The company’s stock price has fallen since then from $66 a share to $58, though it’s still higher than its 52-week low of $44 from September 2022, which was well before the company’s recent controversies.

This is not the first time DeSantis has threatened to use Florida’s $235 billion in pension investments as a cudgel in his political fights with corporate America.

So the lawsuit hinges on Florida's pension system making a ******* PROFIT... in a holding thats equivalent to about 2 one hundredths of one percent of the total fund ... jesus this would be like if I made a dollar on my retirement accounts, but social justice meant I only made 90 cents.
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Weaponizing government is only bad when Dems do it. :rolleyes:
 
Random said:
To be fair, there isn't much he can do about the insurance situation. Florida is sinking into the sea due to climate change, and the math makes insuring property there cost prohibitive. Maybe he can have Rick Scott dress up like Moses and command the Pacific Ocean to part for the next couple of decades...
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Nah. Thoughts and prayers should do it.
 
Random said:
Beyond that, he can try to put together a state government insurance program, which will have all the same problems with an added layer of political interference on top.
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We have that already in Florida, Citizens Property Insurance Corporation. The state is doing everything they can to kick people out of that and into small private insurers with lots of policies in areas that could be devastated by a single hurricane.
 
jrhowell said:
We have that already in Florida, Citizens Property Insurance Corporation. The state is doing everything they can to kick people out of that and into small private insurers with lots of policies in areas that could be devastated by a single hurricane.
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Well, then they are down to begging the feds.
 
Stacyhs said:
I wonder how much money enslaved people earned and kept for themselves from their training in agricultural work, painting, carpentry, tailoring, domestic service, blacksmithing, and transportation?
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Take a look at Africa and all its black warlords, bathing in gold, diamonds and money. They are almost as evil as white men. They taught them well!

:rolleyes:
 
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