Human Events senior editor Jack Posobec told Breitbart News on Tuesday that entertainment companies like Disney are willing to lose money on projects like the one below. light years Advancing left-wing politics in American culture and beyond.
Posobets noted that the use of the Federal Reserve’s left-wing criteria for selecting loans – ESG, short for “environmental, social and governance” – benefits policy-oriented companies and institutions.
“The Fed has been operating like a printing press since the beginning of the pandemic,” Posobec said at a press conference. Breitbart Daily News Podcast by Alex Marlow. “People forget the trillions of dollars invested in the money market, they are filtered through ESG’s corporate social credit scoring system. The ESG works as a kind of “how do you wake up”, “how green are you” rating that is almost entirely arbitrary. Like BlackRock, Blackstone, State Street and Vanguard controlled by groups. [which are] application mechanisms.
“So the Fed gives money, lends money to big companies in the money market. And then they sort by how everyone wakes up because you have all those liberal blasters realizing they’re making all the money and then [say]”I want to do good, how can I reward my friends for all this?”
Disney sees financial losses light years Posobets described it as an investment in changing the political culture.
“So they see it as an investment in changing the culture in their own direction, and that’s why they push things like that,” he said.
Lightyear reportedly cost $200 million to produce, excluding advertising costs. Screen Rant says, “The general rule is that for a movie to break, it has to earn twice the production budget. According to this indicator light years they need $400 million worldwide to cover their costs. ”
To date, Lightyear’s ticket sales have generated less than $91 million in revenue.
Source: Breitbart
