Saturday, April 27, 2019

The Iger Sanction

Or, more properly, sanctioning someone who finds Disney honcho Bob Iger, well, icky. Take it away, Matthew Continetti:
If it were not for her last name, Abigail Disney would be just another alumna of Yale (B.A.), Stanford (M.A.), and Columbia (PhD) living in Manhattan. No one would pay SJmuch attention to her opinions, none of them especially unique or different from others shared by her class. But she is a Disney, dammit, and in America in the twenty-first century we must heed the rich and privileged, especially if they parrot the left wing of the Democratic Party. 
Abigail doesn't like money, you see. Well, making money. She's cool with her trust fund, but Iger is a businessman doing business and that won't do:
"I like Bob Iger," she wrote in a Twitter rant this week. "I do NOT speak for my family but only for myself." And she has nothing to do with the company other than holding shares "(not that many)." But Iger's compensation in 2018 of $65.6 million is "insane." Someone has to "speak out about the naked indecency" of it all, she wrote in an op-ed for the Washington Post, a newspaper owned by the richest man on Earth. 
Is Iger worth $65.6 million? Apparently so, since the Disney board of directors gladly paid it to him. Considering Disney's market cap has gone up by $25 billion on his watch, he seems to have a talent for creating value. But it's indecent to do that, you see.

Limousine liberals are, for my money, the most annoying subspecies you can find. Continetti does a fine job of illuminating what's inside the limo. Read the whole thing.

2 comments:

Unknown said...

A damn revealing look into the limo it is.

Bike Bubba said...

Translated: "I've got mine, but you can't join me." It's the attitude of old money to the nouveau riche since the time of Abraham, and one that if 'ol Walt were still alive, he might tell his great-grandniece a thing or two about how annoying it was when old wealth was excluding him from their circles and respect back in the day, and how nice it was for her part of the family that he hired his brother to help.