Even though the Bud Light controversy where they, you know, used transgender influencer,
Dylan Mulvaney, uh, in a promotional effort, even though that's pretty much died down, Ron DeSantis,
governor of Florida failing Republican presidential candidate is not going to let
a good Republican talking point die that easily. So during an appearance on Jesse Waters primetime
show on this, uh, uh, last Wednesday, Ron DeSantis tried to revive this whole controversy by saying
that the state of Florida is currently conducting an inquiry into Anheuser-Busch,
the parent company of Bud Light. And we may this state end up suing them for hiring Dylan
Mulvaney in that promotional stone. I don't even know if they actually hired Dylan Mulvaney or if
they just put her face on a couple beer cans and said, Hey, just go promote this. Right? But Rhonda
DeSantis is threatening to sue Anheuser-Busch for doing this, for allegedly, of course, going woke.
But DeSantis has a bit of a problem, right? You can't just file a lawsuit because you think a
company is woke. You gotta have some kind of injury to show that the wokeness hurts you.
And aside from Ron DeSantis feelings being hurt, there really is no injury there.
So DeSantis has cooked up his own kind of injury, I guess you would call it, in order to
justify his investigation and potential lawsuit against Bud Light. So here's what's happening.
The state of Florida has a state run pension fund for state employees, of which Ron DeSantis
and a lot of his political appointees actually sit on the board that decide where the money
gets invested. And they had decided long ago they were gonna invest some of the state's
pension fund money into Anheuser-Busch. And when Anheuser-Busch launched this promotion,
of course there was Republican backlash. So their stock dipped down a little bit. It wasn't even
the biggest stock drop that Anheuser Bush has seen in the last two years. But Rhon DeSantis
is claiming that because you did this promotion, because you were embracing a social ideology,
your stock went down, our pensioner suffered, we're gonna sue you for breach of fiduciary duty.
That's not how that works, by the way. And Ron DeSantis, as a lawyer by trade,
knows that you can't sue a company for making a decision that ended up being a bad decision
and resulted in the stock going down, because again, it wasn't even a hugely significant drop
for Anheuser-Busch. The numbers are ridiculous. It dropped from $66 per share to $58 per share.
But back in September of 2022, the stock was all the way down to $44
Per share. So depending on when you bought in,
you know, it, it still seems like the state pensioners are way ahead on that stock.
So we didn't actually lose money, we didn't lose the original investment. We lost money that
would've already been made off of the investment, but we're still $14 per share ahead of it.
So what's the injury there? As I said, fiduciary duty is a big thing with companies, corporations.
You have to act in the best interest of your shareholders. How? Because you cannot predict
what is always going to be in the best interest of your shareholders. Fiduciary duty kind of becomes
this fluid concept. Can you do something that you think might benefit the company but ultimately
backfire? Sure. Can you be sued for that? No. And unless you had hard data showing that you knew
this was going to tank your company's stock, but you did it anyway, then you may have a lawsuit.
You may have a lawsuit, but none of that evidence exists. And Ron DeSantis knows it. So why is he
even suggesting this? Because Ron DeSantis has to suggest this Ron DeSantis presidential campaign is
failing so hard that reports say he's now gonna go through a bit of a reboot. You know, DeSantis 2.0,
it's gotta be the same crap just in a different label, I guess. But the only thing DeSantis knows
how to talk about is woke. The woke woke woke and he woke, oh, everything's woke. I hate woke.
Woke is bad. We're gonna sue woke. We're gonna take woke down, woke comes to Florida to die.
So that's why he's reviving this controversy that most Republicans had probably already forgot
about. Like, oh yeah, the Bud Light thing. I forgot about that. I'm not supposed to be drinking
it, but I am. Anyway, that's how lame this dude is. And he's threatening to sue a company
in what would be the most quickly dismissed lawsuit I think I've ever seen. But that's
all he is got. This man is grasping at straws. He's trying to save his failing presidential
campaign. And if he has to get his embarrassed in court to do it, then by God he's gonna do it.