DeSantis Hit A Major Snag In His "War" With Disney...Ooops: Turns out there is more to bonds than doing what you want with them...who knew? DeSantis certainly didn't, his legislature...

woodguru

Turns out there is more to bonds than doing what you want with them...who knew? DeSantis certainly didn't, his legislature was clueless.

Promises were made to bond holders that this special tax district would not be torpedoed by Florida, it's a commitment made to investor security.

https://www.rawstory.com/ron-desantis-disney-2657219811/?utm_source=push_notifications

Tiptop789 Loc: State of Denial

woodguru wrote:

Turns out there is more to bonds than doing what you want with them...who knew? DeSantis certainly didn't, his legislature was clueless.

Promises were made to bond holders that this special tax district would not be torpedoed by Florida, it's a commitment made to investor security.

https://www.rawstory.com/ron-desantis-disney-2657219811/?utm_source=push_notifications

Wow, talk about stepping in s..t

Milosia2 Loc: Cleveland Ohio

woodguru wrote:

Turns out there is more to bonds than doing what you want with them...who knew? DeSantis certainly didn't, his legislature was clueless.

Promises were made to bond holders that this special tax district would not be torpedoed by Florida, it's a commitment made to investor security.

https://www.rawstory.com/ron-desantis-disney-2657219811/?utm_source=push_notifications

I love these types of endings.
Who is desantis to give Disney a tax break and raise the taxes of the surrounding areas ??
Ridiculous.
Oh definitely presidential material!!

woodguru

Milosia2 wrote:

I love these types of endings.
Who is desantis to give Disney a tax break and raise the taxes of the surrounding areas ??
Ridiculous.
Oh definitely presidential material!!

A truly trumplike figure to be idolized

LogicallyRight Loc: Chicago

They'll find reasonable corrections, hopefully, and work around them.

bylm1-Bernie

woodguru wrote:

Turns out there is more to bonds than doing what you want with them...who knew? DeSantis certainly didn't, his legislature was clueless.

Promises were made to bond holders that this special tax district would not be torpedoed by Florida, it's a commitment made to investor security.

https://www.rawstory.com/ron-desantis-disney-2657219811/?utm_source=push_notifications

We all make mistakes, don't we, Woody. I'm sure Raw Story has verified all of this, as is, no doubt, their practice. I guess we'll just have to wait and see how this all shakes out. How are you betting?

Liberty Tree

LogicallyRight wrote:

They'll find reasonable corrections, hopefully, and work around them.

Since this came from RawStory you can be assured it left out a lot of important details that did not fit its spin. We will see how plays out.

archie bunker Loc: Texas

woodguru wrote:

Turns out there is more to bonds than doing what you want with them...who knew? DeSantis certainly didn't, his legislature was clueless.

Promises were made to bond holders that this special tax district would not be torpedoed by Florida, it's a commitment made to investor security.

https://www.rawstory.com/ron-desantis-disney-2657219811/?utm_source=push_notifications

Doesn't matter. Disney has damaged their brand so badly that their revenue will drop like a Rittenhouse shot "peaceful protester".

RascalRiley Loc: Somewhere south of Detroit

archie bunker wrote:

Doesn't matter. Disney has damaged their brand so badly that their revenue will drop like a Rittenhouse shot "peaceful protester".

The Disney brand is bigger than this.

You may boycott Disney for the rest of your life but kids don’t care if their friend has two moms. They are taught that hate.

They don’t care and they wield a lot of power when vacations are on the family agenda.

But this is a shot across the bow of corporations. The message, Republicans want to exercise control over those corporations that are critical of the republican anti-woke agenda and those corporations will be retaliated against.

archie bunker Loc: Texas

RascalRiley wrote:

The Disney brand is bigger than this. br br You ... (show quote)

Parents can choose to not allow their children to watch Disney, and choose different vacation places that are more in line with their own values.

It ain't all about hating you fags. It's more about letting kids be kids, and let them figger that stuff out once they're old enough to understand it. If it can be understood at all. D

Blade_Runner Loc: DARK SIDE OF THE MOON

woodguru wrote:

Turns out there is more to bonds than doing what you want with them...who knew? DeSantis certainly didn't, his legislature was clueless.

Promises were made to bond holders that this special tax district would not be torpedoed by Florida, it's a commitment made to investor security.

https://www.rawstory.com/ron-desantis-disney-2657219811/?utm_source=push_notifications

I just watched governor DeSantis explain all the reasons for this move against Disney.

I'll put my trust in DeSantis over a rawstory political hack.

No corporate entity in the United States should establish its own government.

RascalRiley Loc: Somewhere south of Detroit

archie bunker wrote:

Parents can choose to not allow their children to watch Disney, and choose different vacation places that are more in line with their own values.

It ain't all about hating you fags. It's more about letting kids be kids, and let them figger that stuff out once they're old enough to understand it. If it can be understood at all. D

But don’t play with the new kid who has two dads, because he is evil. They learn. Early.

Canuckus Deploracus Loc: North of the wall

bylm1-Bernie wrote:

We all make mistakes, don't we, Woody. I'm sure Raw Story has verified all of this, as is, no doubt, their practice. I guess we'll just have to wait and see how this all shakes out. How are you betting?

I love how he went from "tax the rich" to cheering for Disney...

Hypocrisy is usually distasteful... But he wears it so well

America 1 Loc: South Miami

woodguru wrote:

Turns out there is more to bonds than doing what you want with them...who knew? DeSantis certainly didn't, his legislature was clueless.

Promises were made to bondholders that this special tax district would not be torpedoed by Florida, it's a commitment made to investor security.

https://www.rawstory.com/ron-desantis-disney-2657219811/?utm_source=push_notifications

Disney Muni Bonds Are a Bargain After DeSantis Blow, Analysts Says
MMA says that the Reedy Creek trade “may see a performance lag for some time” as rating companies will likely take action on the bonds as the situation unfolds. Fitch Ratings has already placed the debt on a negative watch, indicating the bonds could be downgraded and MMA said others are likely to follow “or, possibly, do worse.”

Moody’s Investors Service moved the outlook on Reedy Creek bonds to developing from stable, citing the uncertainty around the rating firm said in a report on Tuesday.

“The developing outlooks reflect the uncertainty surrounding the State of Florida’s recent decision to dissolve the district during a special legislative session,” Moody’s analysts led by Francis Mamo wrote in the report.
https://www.bloomberg.com/news/articles/2022-04-26/disney-s-muni-bonds-a-bargain-after-desantis-blow-analysts-say

Market Summary
Walt Disney Co
115.77 USD−4.18 (3.48%)today

Tiptop789 Loc: State of Denial

archie bunker wrote:

Parents can choose to not allow their children to watch Disney, and choose different vacation places that are more in line with their own values.

It ain't all about hating you fags. It's more about letting kids be kids, and let them figger that stuff out once they're old enough to understand it. If it can be understood at all. D

Yeah and when the kids are crying their eyes out and the choices are between the target range and Disney World, I guess the target range will wait until another day. Lol