Ron DeSantis Sets His Sights On Twitter After Attacking Disney

Florida's authoritarian governor Ron DeSantis has set his sights on a new corporate enemy after spending the past few weeks attacking the Disney Corporation. The new corporation that DeSantis wants to punish is Twitter for not allowing Elon Musk to take over the company. It remains to be seen why Republicans are so hellbent on letting Musk take over the social media platform, but you can bet that DeSantis will now be the leading voice to make that happen. Ring of Fire's Farron Cousins explains what's happening.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

So Twitter has announced this morning that they are actually nearing a deal to sell themselves to Elon Musk. So that's a thing that is most likely, you know, going to happen possibly today, maybe later this week, who knows, but it does look like Twitter is going to be sold to Elon Musk. And that's a good thing too, right? Because if they don't, oh man, Ron DeSantis down here in the state of Florida, he is riding a high after taking on Disney last week and he announced over the weekend that his next corporate target of course would be Twitter. You know, if you don't sell to Elon Musk, I'm coming after you. This is what he had to say. We're gonna be looking at ways the state of Florida potentially can be holding these Twitter board of directors accountable for breaching their fiduciary duty. The state of Florida and our pension system, we have shares of Twitter. I didn't buy it. We, we have people that run the fund. But nevertheless, it hasn't exactly been great on returns on investment.

It's been pretty stagnant for years. Many, many years. To me, I, I think that is probably an injury to the fund. He then told folks to stay tuned to see what kind of actions he's gonna take against Twitter, which as we all know is not run out of the state of Florida. So there's literally nothing he could do. Sure. They could sell the shares that Florida's pension fund holds, which if they're not yielding any returns, you should have already done that. Hmm. Kind of seems like you're admitting that your state's not running your pension fund very well and you're actually screwing over retirees. I would think that you knowing this have a fiduciary duty to make sure you get the best return on investment for the retirees here in the state of Florida. Now see what you've done here, Ron, because you're not a smart person. You've admitted to doing the same thing that you're accusing the Twitter board of doing and that actually does open up the state to potential legal liabilities for knowingly investing in companies that are not yielding any returns.

Huh? And you only want to get out of those investments now for political reasons, right? Because you're mad at Twitter, just like you were mad at Disney. So you decided to try to quote, punish them. But what you really did was save them $163 million a year and you shifted a cost of about $2,200 onto every family in the two counties that now make up that area. You're not punishing any corporation. You're doing them a hell of a lot of favors. But as I said, you've also now opened the state up to some possible liability for not doing their fiduciary duty. Here's what I don't understand about all of this, by the way. These Republicans who are out there cheering on Elon Musk buying Twitter are also the first people to point out how terrible it is that Jeff Bezos gets to own the Washington Post. What's the difference here? No, I'm asking. I don't have an answer. I seriously wanna know. I want them to explain what's the difference? You know, why can you be against Jeff Bezos from Amazon owning the Washington Post, but you want Elon Musk to own Twitter?

You, you can't support one and not the other. Right?