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(ABC News)   It's getting weird in the People's Republic of Ron DeSantis   (abcnews.go.com) divider line
268
    More: Strange, Walt Disney World, The Walt Disney Company, Law, Government, Reedy Creek Improvement District, Walt Disney, Amusement park, Bill (law)  
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6318 clicks; posted to Politics » on 07 Feb 2023 at 9:20 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



268 Comments     (+0 »)
View Voting Results: Smartest and Funniest


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NewportBarGuy [TotalFark] [OhFark]
2023-02-07 8:40:52 AM  
I'm not sure how that Legislation can break a bond covenant. (Not sure if I'm using the right term there.)

I've been looking for that issue to be addressed by Bloomberg or CNBC, but from what I read before, they would have to pay off the bonds themselves if they took ownership of the land. Because that is what it explicitly says in the legal framework/write-up/issuance of the bonds...

If anyone knows how they can get around that, please let me know. Because that is what I thought would protect them from doing this without having to pay that debt.
 
AdmirableSnackbar [TotalFark] [OhFark]
2023-02-07 9:03:04 AM  

NewportBarGuy: I'm not sure how that Legislation can break a bond covenant. (Not sure if I'm using the right term there.)

I've been looking for that issue to be addressed by Bloomberg or CNBC, but from what I read before, they would have to pay off the bonds themselves if they took ownership of the land. Because that is what it explicitly says in the legal framework/write-up/issuance of the bonds...

If anyone knows how they can get around that, please let me know. Because that is what I thought would protect them from doing this without having to pay that debt.


I think this falls under the column of "nobody's going to do anything about this, so I'm just going to do it."
 
Mugato [TotalFark]
2023-02-07 9:04:06 AM  
Party of small government.
 
phalamir [TotalFark]
2023-02-07 9:08:36 AM  
There is nothing about bonds in this bill.  It is purely about governance of the Empire of the Mouse.  Currently, Disney appoints the members of the governing authority.  This law would let DeathSentence appoint them.  And then his minions would raise taxes on the Empire of the Mouse if Disney ever sassed him again.
 
NewportBarGuy [TotalFark] [OhFark]
2023-02-07 9:14:19 AM  

phalamir: There is nothing about bonds in this bill.  It is purely about governance of the Empire of the Mouse.  Currently, Disney appoints the members of the governing authority.  This law would let DeathSentence appoint them.  And then his minions would raise taxes on the Empire of the Mouse if Disney ever sassed him again.


So, in essence, they get around the "transfer" from special entity to the State of Florida (thereby transferring the debt from Disney to Florida) by staging a bloodless coup and just taking over the district as is?

Well, f*ck me. These assholes are smarter than I gave them credit for.
 
hubiestubert [TotalFark] [OhFark]
2023-02-07 9:14:53 AM  
I'm so glad that De Santis is so very concerned about businesses being able to operate freely, without pressure from the government on controversial subjects.
 
AdmirableSnackbar [TotalFark] [OhFark]
2023-02-07 9:17:17 AM  

Mugato: Party of small government.


A monarchy is the smallest possible government.
 
Mugato [TotalFark]
2023-02-07 9:21:02 AM  
Isn't DeSantis going to be President for like one more year anyway when he quits to campaign for the Presidency?
 
Archie Goodwin
2023-02-07 9:24:28 AM  

Mugato: Party of small government.


Sounds like he is a government of one. So yeah.
 
Tyrone Slothrop [TotalFark]
2023-02-07 9:24:42 AM  
He'll do anything to hurt gay people.
 
WhackingDay
2023-02-07 9:25:51 AM  
Come on Mouse, bust out the commando squads, we know you have them.
 
Kalyco Jack
2023-02-07 9:26:06 AM  

NewportBarGuy: phalamir: There is nothing about bonds in this bill.  It is purely about governance of the Empire of the Mouse.  Currently, Disney appoints the members of the governing authority.  This law would let DeathSentence appoint them.  And then his minions would raise taxes on the Empire of the Mouse if Disney ever sassed him again.

So, in essence, they get around the "transfer" from special entity to the State of Florida (thereby transferring the debt from Disney to Florida) by staging a bloodless coup and just taking over the district as is?

Well, f*ck me. These assholes are smarter than I gave them credit for.


IIRC from a previous article the debt will be transferred not to the state of Florida but to the Orange and Osceola County governments and it works out to some nauseating multiple of thousands per taxpayer. They're not happy about it.
 
Rapmaster2000
2023-02-07 9:26:50 AM  
So just a power grab then.

I look forward to DeSantis selecting a group of people who demand Splash Mountain be turned back into Song of the South, but with minstrels and the Peter Pan ride must add The Red Man segment from the movie.
 
tembaarmswide [TotalFark]
2023-02-07 9:26:57 AM  
Fark user imageView Full Size


it is time!
 
qorkfiend
2023-02-07 9:28:29 AM  

Mugato: Isn't DeSantis going to be President for like one more year anyway when he quits to campaign for the Presidency?


He won't have to quit
 
TheEdibleSnuggie [TotalFark]
2023-02-07 9:28:48 AM  

NewportBarGuy: I'm not sure how that Legislation can break a bond covenant. (Not sure if I'm using the right term there.)

I've been looking for that issue to be addressed by Bloomberg or CNBC, but from what I read before, they would have to pay off the bonds themselves if they took ownership of the land. Because that is what it explicitly says in the legal framework/write-up/issuance of the bonds...

If anyone knows how they can get around that, please let me know. Because that is what I thought would protect them from doing this without having to pay that debt.


Why is this legal? Because fark you, that's why.

This is the PRRDS (People's Republic of Ron DeSantis)! HOW DARE YOU QUESTION OUR DEAR, FEARLESS, MEATHEAD....I MEAN....LEADER!
 
RasIanI
2023-02-07 9:29:02 AM  
"Florida is dissolving the Corporate Kingdom and beginning a new era of accountability and transparency," Bryan Griffin, DeSantis' press secretary, said in a statement.

Fark user imageView Full Size
 
Ambitwistor [TotalFark]
2023-02-07 9:29:22 AM  
Summon the war machine!

i.pinimg.comView Full Size
 
Mugato [TotalFark]
2023-02-07 9:29:27 AM  
DeSantis plans on taking on Disney's lawyers? The same lawyers that's kept Mickey out of the public domain for however many decades?

morganfreeman_goodluck.jpg
 
xanadian [TotalFark]
2023-02-07 9:29:46 AM  
Not a good idea to go after the Mouse, but we'll see.
 
NewportBarGuy [TotalFark] [OhFark]
2023-02-07 9:29:59 AM  

Kalyco Jack: NewportBarGuy: phalamir: There is nothing about bonds in this bill.  It is purely about governance of the Empire of the Mouse.  Currently, Disney appoints the members of the governing authority.  This law would let DeathSentence appoint them.  And then his minions would raise taxes on the Empire of the Mouse if Disney ever sassed him again.

So, in essence, they get around the "transfer" from special entity to the State of Florida (thereby transferring the debt from Disney to Florida) by staging a bloodless coup and just taking over the district as is?

Well, f*ck me. These assholes are smarter than I gave them credit for.

IIRC from a previous article the debt will be transferred not to the state of Florida but to the Orange and Osceola County governments and it works out to some nauseating multiple of thousands per taxpayer. They're not happy about it.


Right, it would have... if they dissolved the Special District. If I'm reading it right, they are keeping the District intact, but they are taking it over with their own political appointees.

That means those appointees control the debt within the district and will pay the bonds just like Disney did with the same revenue from Disney. Which, I think they can force them to pay...

It's a hostile takeover. Of Disney. If they can't lawyer their way out of that... That makes me even more terrified of DeathSentence.
 
AdmirableSnackbar [TotalFark] [OhFark]
2023-02-07 9:30:32 AM  

Mugato: DeSantis plans on taking on Disney's lawyers? The same lawyers that's kept Mickey out of the public domain for however many decades?

morganfreeman_goodluck.jpg


Lawyers only help if the laws and judges are unbiased.
 
RasIanI
2023-02-07 9:30:53 AM  
Guaranteed this will cost local taxpayers more, and they will get less.
 
Mukster
2023-02-07 9:31:16 AM  
It's an E ticket experience for sure.
 
capacc
2023-02-07 9:31:48 AM  
A simple solution, Disney should make politicians pay full price to enter the park. I assume they currently get a special deal After seeing how much it would cost to bring their young'uns to the park, they would quickly backtrack.
 
Mrtraveler01
2023-02-07 9:31:53 AM  

RasIanI: Guaranteed this will cost local taxpayers more, and they will get less.


Yeah, but at least Florida will be protected from the gays...I mean...the "groomers".
 
eagles95
2023-02-07 9:32:11 AM  
thumbs.gfycat.comView Full Size



Dont fark with the mouse

/I want disney to nuke this little turd so badly
 
durbnpoisn [BareFark]
2023-02-07 9:32:59 AM  
It seems pretty clear at this point that the Republican party is simply telling everyone, "Just trust us.  We are right.  We know what we're doing.  The Liberals are evil.  That's all you need to know."

And their followers simple say, "K.  Sounds good to me!"
 
tembaarmswide [TotalFark]
2023-02-07 9:33:31 AM  
i hate that i prefer Disney Corp in this fight.  truly.
 
RasIanI
2023-02-07 9:33:41 AM  

xanadian: Not a good idea to go after the Mouse, but we'll see.


Fark user imageView Full Size
 
Ambitwistor [TotalFark]
2023-02-07 9:34:11 AM  

WhackingDay: Come on Mouse, bust out the commando squads, we know you have them.


im5.ezgif.comView Full Size
 
quo vadimus
2023-02-07 9:34:50 AM  
As an evil queer, I endorse Ron Douchesantis acquiring as many insanely powerful enemies as possible.
 
lilbjorn
2023-02-07 9:35:10 AM  
Not sure why any company would locate or expand in Florida these days.
 
berylman [TotalFark]
2023-02-07 9:35:12 AM  
I really think all this crass vice-signaling culture wars about drag queens, libraries, CRT, wokeism, Disney, trans-athletes etc. DeSantis does is just a distraction tool to garner attention to his awfulness and his utter incompetence of being an effective governor. He actually believes this is a winning methodology to the presidency.  It gets him name recognition and a platform with the bigoted base so he can do accordion hand gestures and sign proclamations with a Sharpie like papa Dump. What does he really stand for? ...we might just find out
 
cryptozoophiliac
2023-02-07 9:35:28 AM  

RasIanI: Guaranteed this will cost local taxpayers more, and they will get less.


There are few things in this world you can take to the bank, but this is one of them.

/except the bank already took it all
 
TheEdibleSnuggie [TotalFark]
2023-02-07 9:36:57 AM  

RasIanI: "Florida is dissolving the Corporate Kingdom and beginning a new era of accountability and transparency," Bryan Griffin, DeSantis' press secretary, said in a statement.

[Fark user image 425x193]


Government doublespeak translator:

"Disney makes a lot of money, and we, the mafia...erm, I mean the GOVERNMENT don't like the cut of tax revenue we're currently getting.  We plan on 'improving' that financial outcome shortly."
 
RasIanI
2023-02-07 9:37:16 AM  
The new regime...

Fark user imageView Full Size
 
Super_pope
2023-02-07 9:37:44 AM  

Mugato: DeSantis plans on taking on Disney's lawyers? The same lawyers that's kept Mickey out of the public domain for however many decades?

morganfreeman_goodluck.jpg


You're mistaking bribery for competence.  Disney looks powerful because nobody ever cares about taking them on, if someone just wanted to say "no" to their bribes and just like... farking lean on them terribly, there's basically nothing they can do.

A lot of this system relies on bought politicians staying bought, and DeSantis is happy to take their money and then bite the hand that feeds him because he knows they're not going to risk losing money by fighting him.
 
stuhayes2010
2023-02-07 9:38:00 AM  
So.  Florida is giving this guy infinite powers, and he seems to lack the common sense to properly cross the street.  I'll never understand politics.
 
Dr Dreidel
2023-02-07 9:38:06 AM  

xanadian: Not a good idea to go after the Mouse, but we'll see.


My sense (not being from Florida) is that Disney has had it made for so long because they worked hand-in-glove with the FL government/legislature - as long as they made billions for FL, they got to basically dictate their own terms (the Reedy Creek District), freeing their lawyers up to totally dismantle IP law.

Now that they have to focus on fighting the FL government...

// good thing they've basically finished destroying IP laws
// I'd guess their next fight is (would have been?) monopolistic ownership of art production houses?
 
Rapmaster2000
2023-02-07 9:38:39 AM  
Possible changes by DeSantis employees.

1.  Only white people are allowed to work in Tomorrowland.
2.  Open carry allowed in Frontierland
3.  Angry natives returned to Jungle Cruise.  Also, the hippo will be shot again (they used to do that).
4.  Hall of Presidents modified to give Trump more Ben Garrison inspired body proportions like huge biceps and a flat stomach.
 
KingBiefWhistle
2023-02-07 9:40:18 AM  

berylman: He actually believes this is a winning methodology to the presidency.


What's not to believe? It's already been proven as a successful tactic
 
notyoucoach
2023-02-07 9:40:40 AM  

Ambitwistor: Summon the war machine!

[i.pinimg.com image 500x362]

What those Woodland creatures did to Popeye still haunts me. DeathSentance bit off more than he can chew.
 
Moroning [TotalFark] [OhFark]
2023-02-07 9:40:53 AM  

NewportBarGuy: phalamir: There is nothing about bonds in this bill.  It is purely about governance of the Empire of the Mouse.  Currently, Disney appoints the members of the governing authority.  This law would let DeathSentence appoint them.  And then his minions would raise taxes on the Empire of the Mouse if Disney ever sassed him again.

So, in essence, they get around the "transfer" from special entity to the State of Florida (thereby transferring the debt from Disney to Florida) by staging a bloodless coup and just taking over the district as is?

Well, f*ck me. These assholes are smarter than I gave them credit for.


I don't know about smart.  Disney has lots of money to throw around.  If Desantis pisses the mouse off too much, they will bury him.
 
AdmirableSnackbar [TotalFark] [OhFark]
2023-02-07 9:41:33 AM  

lilbjorn: Not sure why any company would locate or expand in Florida these days.


Because low taxes. Capitalism helps fascists - they have common cause, remember.
 
DrD'isInfotainment [OhFark]
2023-02-07 9:43:50 AM  
Fark user imageView Full Size
 
RasIanI
2023-02-07 9:44:08 AM  

Dr Dreidel: xanadian: Not a good idea to go after the Mouse, but we'll see.

My sense (not being from Florida) is that Disney has had it made for so long because they worked hand-in-glove with the FL government/legislature - as long as they made billions for FL, they got to basically dictate their own terms (the Reedy Creek District), freeing their lawyers up to totally dismantle IP law.

Now that they have to focus on fighting the FL government...

// good thing they've basically finished destroying IP laws
// I'd guess their next fight is (would have been?) monopolistic ownership of art production houses?


The reason that it worked for Florida was that Disneyworld and all the other parks, hotels and restaurants associated with the complex take up so much space, it might as well be its own county or district. Florida always knew that Disney would take care of the place out of pure financial self interest better than could the state itself - what do state officials know about what is best for the Disney project? And its worked well, until now. There is no compelling logistical or financial reason for the state of Florida to undertake this major restructuring other than the strictly political power play.
 
Super_pope
2023-02-07 9:44:20 AM  

Moroning: Disney has lots of money to throw around.


They won't though, they'll hunker down and hope this all blows over, and then knuckle under and lick boot.

Everyone who thinks otherwise has never seen Ted Cruz lose a fight with Donald Trump
 
OtherLittleGuy [BareFark]
2023-02-07 9:44:25 AM  

NewportBarGuy: I'm not sure how that Legislation can break a bond covenant. (Not sure if I'm using the right term there.)

I've been looking for that issue to be addressed by Bloomberg or CNBC, but from what I read before, they would have to pay off the bonds themselves if they took ownership of the land. Because that is what it explicitly says in the legal framework/write-up/issuance of the bonds...

If anyone knows how they can get around that, please let me know. Because that is what I thought would protect them from doing this without having to pay that debt.


Florida Supreme Court.

Moroning: NewportBarGuy: phalamir: There is nothing about bonds in this bill.  It is purely about governance of the Empire of the Mouse.  Currently, Disney appoints the members of the governing authority.  This law would let DeathSentence appoint them.  And then his minions would raise taxes on the Empire of the Mouse if Disney ever sassed him again.

So, in essence, they get around the "transfer" from special entity to the State of Florida (thereby transferring the debt from Disney to Florida) by staging a bloodless coup and just taking over the district as is?

Well, f*ck me. These assholes are smarter than I gave them credit for.

I don't know about smart.  Disney has lots of money to throw around.  If Desantis pisses the mouse off too much, they will bury him.


Here's a horrendous thought: DeSantis gets the Florida Bar Association to disbar en masse any and all Disney lawyers from practicing in the state.

/we're beyond the "He Can't Do That" Stage
 
mrparks
2023-02-07 9:44:47 AM  
Wyhat! I say, wyhat! We can just use our state level authority to wrestle the power back to the people, from the elites?

This is huge! Why, how can they be "elite" when a mere moon-faced governor of Florida can push them around.
 
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