Valuetainment - October 13, 2020


Why Disney World is Open but Disneyland is Closed - COVID Aftermath


Episode Stats


Length

15 minutes

Words per minute

193.74583

Word count

3,007

Sentence count

256


Summary

Summaries generated with gmurro/bart-large-finetuned-filtered-spotify-podcast-summ .

Disneyland and Disney World are two of the most important companies in the world. They are both based in California and Florida. What do they have in common? Both companies are based in Southern California and are run by CEOs from the same company, but in two different states. What kind of decisions are made based on politics?

Transcript

Transcript generated with Whisper (turbo).
00:00:00.000 So recently, Disneyland laid off 28,000 employees in Southern California.
00:00:03.600 Everybody looked at Bob Iger, the executive chairman of the board.
00:00:06.840 How dare you lay off 28,000 people in Disney?
00:00:09.440 These are people that need jobs.
00:00:10.800 They're feeding their families, their kids.
00:00:12.560 But what if I told you it wasn't Disney's fault?
00:00:15.080 What if I told you it was Governor Newsom who laid off 28,000 people?
00:00:19.360 Because today, we're going to measure two parks.
00:00:22.220 One is Disneyland, based out of California.
00:00:25.260 The other one is Disney World, based out of Florida.
00:00:27.640 Florida, both same company, two different states.
00:00:30.980 What kind of decisions were made simply based on politics?
00:00:39.520 You know, a lot of times, capitalism gets a black eye.
00:00:41.720 All these people that all they care about is money.
00:00:43.740 You know, they let people go.
00:00:45.240 They have no feelings.
00:00:46.440 They're cold-blooded people.
00:00:47.840 These capitalists, they don't really care about the families that are working very hard.
00:00:51.840 But many times, they're forced to make decisions.
00:00:54.520 Because for me, I say, never judge politicians.
00:00:58.240 I don't sit there and say, Barack Obama this, Donald Trump this, Bush this, Clinton this,
00:01:04.020 Newsom this, DeSantis this.
00:01:05.940 But always judge politicians' policies.
00:01:09.900 One more time.
00:01:10.760 Never judge politicians, but always judge your policies.
00:01:14.000 Because what do their policies produce?
00:01:16.780 We got California.
00:01:18.140 We got Florida here.
00:01:19.060 Disneyland is in Orange County, California.
00:01:20.940 Disney World is in Orange County, Florida, right?
00:01:24.040 It's funny.
00:01:24.480 Orange County, Orange County.
00:01:25.620 This one's Orlando.
00:01:26.980 This one's Orange County.
00:01:28.320 Southern California, Santa Ana, Anaheim area, right?
00:01:30.940 Okay.
00:01:31.340 The governor of California is Governor Gavin Newsom.
00:01:34.200 The governor of Florida is Governor Ron DeSantis.
00:01:37.160 California is over-regulation friendly.
00:01:40.500 They're all about over-regulating.
00:01:42.080 So when the COVID happened, they're like, no, we got to over-regulate.
00:01:45.260 You can't go out.
00:01:45.860 You can't go to restaurants.
00:01:46.620 Close down restaurants.
00:01:47.260 If the top's not open, you can't go out there and eat.
00:01:49.320 Regulation, regulation, regulation.
00:01:51.400 Florida is business friendly.
00:01:53.340 They're like, listen, we got to figure out a way to make sure these businesses last.
00:01:56.100 Because if they don't, we're going to have a big problem here.
00:01:59.080 So what happens to Disneyland in California?
00:02:01.920 They closed on March 14th.
00:02:04.400 Disney World closed on March 15th.
00:02:06.560 They closed one day after.
00:02:07.700 Remember, same CEO, Bob Chapek, I believe is the CEO's name.
00:02:12.000 Same CEO, same everything, but two separate states.
00:02:14.820 Two separate states, same CEO, right?
00:02:16.860 They closed on the 14th.
00:02:17.960 They closed on the 15th.
00:02:19.840 They're still closed.
00:02:21.480 200 days later, Disneyland in California is still closed till today.
00:02:26.360 I believe Disneyland started in July 17, 1955.
00:02:30.320 If I'm not going to say, yeah, July 17, 1955.
00:02:32.480 Do you know since 1955?
00:02:34.640 That's 65 years ago.
00:02:37.000 Do you know how many days total Disneyland's ever been closed in 65 years?
00:02:44.280 You ready?
00:02:45.340 Five days.
00:02:46.300 Let me say this one more time.
00:02:47.340 Only five days have they ever been closed since 1955.
00:02:52.560 Now they've been closed over 200 days under the leadership of Governor Newsom.
00:02:57.660 These guys, Disney World officially opened up.
00:03:01.240 Magic Kingdom opened up July 11th.
00:03:03.300 Animal Kingdom opened up July 11th as well.
00:03:06.200 Epcot and Hollywood Studios opened up July 15th.
00:03:09.300 Let's continue.
00:03:10.020 So now watch this.
00:03:10.680 This is very important for people to understand the optics of what a Disneyland or a Disney
00:03:15.200 World does to your state if you're the governor.
00:03:16.920 Ready Disneyland.
00:03:17.760 There was a study done back in 2018 by Cal State Fullerton, funded by Disney, but Cal State
00:03:23.600 Fullerton did the study.
00:03:24.660 And they came up with a conclusion that in 2018 alone, Disneyland generated $8.5 billion
00:03:31.800 of economic activity plus 78,000 jobs.
00:03:37.700 Let me say this one more time.
00:03:39.040 Disneyland has 78,000 employees in the state of California that work for them and created
00:03:43.760 $8.5 billion of economic activity.
00:03:46.440 Now watch this.
00:03:47.420 This is just one dimensional, right?
00:03:49.160 We don't look at how many vendors, partners, other people that are making money.
00:03:54.040 So it's not just 78,000 jobs.
00:03:55.440 That's probably 300,000 jobs that we're talking about that people are making money off of this.
00:04:00.500 But this is 78,000 employees working for them.
00:04:02.800 Forget about the contract with Pepsi, Coca-Cola, drinks, bread, all this stuff that's being delivered.
00:04:07.320 Nope.
00:04:08.040 That's just Disney what they're doing for the state of California, not Florida.
00:04:10.740 Watch this.
00:04:11.200 The CFO of Florida, Chief Economist Officer of Florida, does an audit and says Disney World
00:04:18.420 alone has 77,000 jobs created in the state of Florida and their sales revenue tax, sales
00:04:27.140 tax revenue that came to the state of Florida alone is $700 million.
00:04:31.180 Let me say this one more time.
00:04:32.420 Just the sales revenue from taxes, from sales tax is $700 million.
00:04:37.120 Can you imagine if you're the governor of Florida, you're saying, man, we love Disney World.
00:04:41.260 If you're the governor of California, man, we love Disneyland.
00:04:43.800 Don't you want to make sure these things stick around, but not Governor Newsom?
00:04:47.440 Watch what Newsom did on October 1st.
00:04:49.240 On October 1st, this is just a few weeks ago, California Governor Newsom announced that they
00:04:55.100 will not be opening any theme parks.
00:04:57.460 They're not going to be opening any theme parks.
00:04:59.400 Two hours after he announced this, Bob Iger, the former 15-year CEO of Disney, now the current
00:05:06.140 Executive Chairman of the Board, resigns from their economic team that had put together
00:05:11.540 the task force, resigns two hours later, and then Disney announces they're letting go of
00:05:16.700 28,000 jobs in the state of California, Disney.
00:05:22.400 Some people say, Disney, Bob Iger, such greedy people.
00:05:25.160 Nope.
00:05:25.740 It was a byproduct of the governor.
00:05:28.440 Governor is the reason why they had to let go of 20,000 people.
00:05:31.980 By the way, people have to realize this, Bob Iger is not a Republican.
00:05:35.040 Bob Iger is a Democrat.
00:05:36.200 If you read his book, Bob Iger, at the end of his book, when he sits down, I believe,
00:05:39.980 with the leader of Fox at the time, and they were getting ready to buy Fox, and the Fox
00:05:44.100 leader, I think it's Murdoch, I don't know which one it is, Murdoch asks him, do you have
00:05:47.480 any plans of running for office?
00:05:48.700 And he was actually thinking about running for office.
00:05:50.900 He said, I don't have any plans of running for office.
00:05:53.160 Bob Iger is a Democrat because of his family, his mom and dad.
00:05:55.960 He was a Democrat because of his parents.
00:05:57.560 He's loyal to his parents' policies, and he stuck to it.
00:06:00.540 Two Democrats go ahead, take it ahead.
00:06:03.260 Newsom, Democrat.
00:06:04.780 Iger, Democrat.
00:06:05.900 Wait a minute.
00:06:06.400 What are you doing?
00:06:07.080 You put me to create jobs and make sure California moves ahead, but you're making this thing keep
00:06:11.520 going?
00:06:12.180 What do I, I can't keep paying these people a policy.
00:06:14.620 Income, boom.
00:06:15.520 28,000 people get fired two hours after the announcement that's made.
00:06:19.160 So that's these guys.
00:06:19.900 Now watch what Newsom said.
00:06:20.940 Here's what Newsom said about Bob Iger and Bob Chapek's decision from Disney.
00:06:25.480 Newsom said, there's disagreements in terms of opening a major theme park.
00:06:32.080 We're going to be led by health first framework, and we're going to be stubborn about it.
00:06:39.660 When he said, we have differences with me and Bob Iger.
00:06:42.440 Can you imagine?
00:06:43.200 We're going to be stubborn about it.
00:06:46.020 28,000 people lost a job because of Bob Iger, not because of Governor Newsom.
00:06:51.200 Now some people may say, well, Pat, what are you trying to say?
00:06:54.660 Should they open it up?
00:06:56.220 Should they leave it open?
00:06:57.720 Should they bring the jobs back?
00:06:59.160 Here's what you have to understand with these two stories right here, okay?
00:07:01.400 Both states that we're talking about.
00:07:03.360 They did another research here saying the fact that 87 million people around the world
00:07:07.820 come to Disney World every year.
00:07:10.040 In 2019, it was 87 million people.
00:07:12.300 The same number is close to here.
00:07:13.840 Can you imagine how these two brands, the kind of money and the kind of people they're attracting
00:07:18.080 to their states?
00:07:19.100 There was one entrepreneur who owns a pizza shop in both of these cities, in Orlando by
00:07:27.060 Disney World and in Anaheim by Disneyland named Daryl Maliki.
00:07:31.360 Daryl Maliki owns pizza shops.
00:07:33.320 He says his pizza shop near Disneyland is down 90%.
00:07:38.060 His pizza shop near Disney World is only down 30%.
00:07:42.500 This one is staying open.
00:07:44.220 This one's about to close down.
00:07:45.440 He's making no money.
00:07:46.280 He's frustrated saying, listen, I understand protecting the people out there, but you got
00:07:50.300 to give us an opportunity to survive as business owners as well.
00:07:53.300 This whole thing I shared with you, the article was written by Wall Street Journal.
00:07:56.380 We're going to put the link below for you to read.
00:07:58.300 But when you watch this here, I will tell you if I'm Bob Iger, if I'm the executive chairman
00:08:04.200 of, say, Disney, and I'm sitting there saying, huh, recently we just saw NBA come out and
00:08:11.220 say, Black Lives Matter, BLM everywhere, on the floor, everywhere it says BLM, BLM, BLM,
00:08:16.940 advertisement after advertisement after advertisement, vote, vote, vote.
00:08:21.640 And NBA is known as predominantly push everything to one side.
00:08:27.060 NBA's not necessarily Republican.
00:08:29.080 They're very Democratic.
00:08:30.700 You can't go, I've never seen a player in the NBA being able to get away with wearing
00:08:34.680 a MAGA hat.
00:08:35.600 I've never seen it.
00:08:36.460 If you're in the NBA, you have to be on one side.
00:08:38.840 If you're in the NFL, at least a Brady can say, I'm friends with Trump and get criticized
00:08:42.700 for it.
00:08:43.100 But he is, you know, and MLB, same thing.
00:08:45.880 But in NBA, it's all one-sided, right?
00:08:47.740 So viewership drops 64%.
00:08:49.500 People are now watching the finals.
00:08:51.360 But do you know what's the interesting thing about the NBA?
00:08:53.920 Huh.
00:08:54.320 Watch this here.
00:08:55.700 Do you know which state the NBA decided to have their playoffs, which state they put the
00:09:04.860 bubble in?
00:09:05.720 Did they put it in Anaheim, California, very left-driven state?
00:09:10.240 Or did they put it in Orlando?
00:09:12.600 Huh.
00:09:13.380 Why did they put it in Orlando?
00:09:14.880 Orlando, oh, because Orlando is not like Newsom, over-regulate.
00:09:20.860 Orlando said, you can come and do the NBA playoffs here.
00:09:25.260 Can you imagine if the NBA wanted to do that here?
00:09:28.600 The amount of regulation.
00:09:30.320 So all the policies that they support are policies of Newsom, yet they create the NBA league in
00:09:37.300 the state of Florida because it's more business-friendly.
00:09:41.580 And the NBA is a business.
00:09:43.280 As they're trying to get their business going, they can't do it in the state of California,
00:09:46.960 but they can do it in the state of Florida.
00:09:48.880 As a person who's a registered independent, myself, I voted for Clintons, and I voted on
00:09:54.800 the right.
00:09:55.540 And I voted on both sides of policies for myself.
00:09:58.620 I see things on one side that needs to be rearranged, and I see things on one side.
00:10:02.480 But if there's one thing I'm not a fan of, it's contradiction and hypocrisy.
00:10:06.320 And you see a lot of that in the state of California.
00:10:09.140 I've lived there for 24 years.
00:10:10.840 Here's some feedback.
00:10:11.680 If anybody from Bob Iger's campus watching this, if some of you guys decide to tweet
00:10:15.800 this at Bob Iger, I've read his book.
00:10:17.280 I've recommended it.
00:10:19.120 I think everybody in the world needs to read his book.
00:10:21.760 Anybody and everybody.
00:10:22.820 If you've not read his book, you need to read it.
00:10:24.180 We'll put the link below as well for his book if you haven't read it yet.
00:10:26.700 But I will tell you this.
00:10:27.540 If I'm Bob Iger, if I'm Disney, and I'm watching this, and I'm sick of what the politics and
00:10:34.700 the policies of California are producing, because you've got to judge policies.
00:10:40.120 Policies, 28,000 jobs.
00:10:42.760 Policies, park open.
00:10:44.740 87 million people around the world come to Orlando.
00:10:47.580 Imagine what that does to the city of Orlando.
00:10:49.380 If you want a simple shop over there, a hotel, a restaurant, you don't think that benefits
00:10:53.080 you, that benefits you.
00:10:54.700 But if Bob Iger, and anybody from the Disney's campus watching this, you know what my recommendation
00:10:59.200 is to you, Mr. Bob Iger, or Bob J. Pick, or any one of you guys.
00:11:03.000 Here's my recommendation to you.
00:11:04.800 There is a state right next to you.
00:11:07.500 I think it's called Nevada.
00:11:09.940 And Nevada just got the Oakland Raiders, L.A. Raiders.
00:11:13.380 When I think about Raiders, I think about Oakland or L.A.
00:11:15.760 I don't think about any other state, but the Raiders went to Nevada.
00:11:19.640 And they're going to be attracting a lot of players.
00:11:21.840 I don't know how well they're going to do this season.
00:11:23.360 I like their coach, but they're probably going to end up doing very well.
00:11:26.100 You know why?
00:11:27.040 No taxes.
00:11:28.740 So what if a Disneyland makes a massive announcement saying, we're spending a few billion dollars
00:11:35.060 building a park, there's a lot of land over there in Vegas, you buy a couple thousand
00:11:40.760 acres of land, you decide you're building a Disneyland in Vegas, coming out five years
00:11:46.060 from now, and you launch it, no taxes, you get tax break, you negotiate all the stuff
00:11:51.120 for 20 years for what you want to do.
00:11:53.520 Vegas is a tourist city.
00:11:55.800 Vegas is becoming a kind of place now families are going to it.
00:11:58.660 It's not just a place that only young party people go to it.
00:12:01.600 And now you've got a Disneyland over there, and you don't pay taxes, and regulation
00:12:05.040 is going to be on your side.
00:12:06.200 I tell you one thing, Governor Newsom, you just better hope Disney doesn't hear this
00:12:10.940 message.
00:12:11.380 And you better hope Disney doesn't buy into this message, because if they do, you're
00:12:16.480 about to lose Disneyland due to your policies that keep pushing business people out.
00:12:21.740 That's what happened to the state of California, a state I love.
00:12:24.820 I love the state of California, but I cannot stand the policies that are being pushed in
00:12:29.400 the state of California, where it's getting all these people that at a time like this,
00:12:33.020 when you're going through crisis, you know what, sometimes I've got my two boys sitting
00:12:36.260 right here next to me.
00:12:37.300 I've got my seven-year-old, what's your name?
00:12:39.500 And I've got my eight-year-old, what's their name?
00:12:41.860 Ah, these guys, we went to L.A. to go to Universal Studios.
00:12:46.140 They just want to go to Universal Studios.
00:12:48.540 At times like this, kids just want to go to a park.
00:12:51.100 You mean to tell me you couldn't come up with a better policy to have more hand sanitizers
00:12:56.100 and testing and measurements to allow people to go to a park?
00:12:59.520 You mean to tell me you couldn't do something like that?
00:13:01.500 You mean to tell me you can't say, well, listen, we can open up Disneyland, but when you come
00:13:05.000 in, extra measures.
00:13:06.400 Maybe you have to get tested for COVID within whatever time.
00:13:09.360 Consumers would spend the money to get tested to go do it.
00:13:12.320 We would spend the money because we need entertainment for our kids.
00:13:15.640 And you're saying no to it.
00:13:17.060 Is it politics you're playing?
00:13:18.920 Are you making policies that are good for families?
00:13:21.060 So what's more important to you, Governor Newsom, policies or families?
00:13:25.000 What is it?
00:13:25.480 Make up your mind.
00:13:26.540 Because if it's truly families, you're losing your own people.
00:13:30.240 Bob Iger is a Democrat.
00:13:32.160 Bob Iger was a fan of Obama.
00:13:34.320 Bob Iger was somebody that's helped a lot of people on your side out.
00:13:37.160 And you're losing a person like that.
00:13:38.500 Two hours later, he resigns.
00:13:39.680 That's the wrong kind of person to lose in the state of California.
00:13:42.520 I hope that somebody from Vegas, Nevada, if I'm the governor of Nevada, making one phone
00:13:47.660 call.
00:13:48.400 Hey, Bob, can we talk?
00:13:49.720 Yes.
00:13:49.980 Can we get you another Bob on the call?
00:13:51.560 Both of you.
00:13:52.000 Yes.
00:13:53.120 How much longer do you want to be bullied by politicians in the state of California?
00:13:56.700 Do you think this is going to change anytime soon?
00:13:58.900 No.
00:13:59.240 Well, why don't we look at Vegas?
00:14:00.980 Come and take a look to see what we can do.
00:14:02.680 Look at Raiders.
00:14:03.320 Go talk to the Raiders on there.
00:14:04.400 See if they're happy.
00:14:05.540 Why don't we make something work over here for you?
00:14:07.600 No state taxes.
00:14:09.080 No crazy regulation.
00:14:10.380 What do you want to do?
00:14:11.000 Let's make this work.
00:14:12.040 Oh, if that even happens.
00:14:14.580 If you ever see this announcement happen that Disneyland is considering a move to Vegas,
00:14:19.280 don't forget this video when it was shot.
00:14:21.480 If that ever happens, I hope this message goes to the right people because California
00:14:26.600 keeps bullying business owners.
00:14:28.000 And eventually, if you lose your number one employer, you already lost your number one
00:14:32.660 podcaster in the world.
00:14:34.060 You already lost your number one innovator, visionary in the world.
00:14:38.480 You know what his name is.
00:14:39.920 And if you lose your number one employer, you cannot keep number ones.
00:14:44.220 You become a country, an estate.
00:14:46.420 Essentially, it's a country, fifth biggest economy.
00:14:48.360 You can only keep yes people.
00:14:50.740 You can't keep leaders like a Joe, like an Elon, and a Bob.
00:14:55.020 If you lose the third one, which is Disney World, massive exit is around the corner.
00:15:00.740 So look, if you're watching and say, Pat, I totally disagree with you.
00:15:03.400 Great.
00:15:03.600 I want to hear from you.
00:15:04.300 Comment below.
00:15:05.080 Pat, I fully agree with you.
00:15:06.480 Comment below.
00:15:06.980 Send me a tweet.
00:15:07.560 Let me know if you disagree or agree.
00:15:09.020 I'm not really worried if you agree with me.
00:15:10.920 I want to hear your argument for both sides.
00:15:13.000 Having said that, two other videos I want you to watch if you're enjoying this message
00:15:16.100 here.
00:15:16.280 One of them is 10 reasons why I support capitalism.
00:15:18.120 If you've not watched, it's a complete different angle I give.
00:15:20.880 Click over to watch it.
00:15:21.760 The other one is 10 reasons for you to consider moving to a different state.
00:15:24.820 If you've not watched either one of these, click on that.
00:15:27.520 And if you've not subscribed to the channel, please do so.
00:15:29.600 Thanks for watching, everybody.
00:15:30.420 Take care.
00:15:30.960 Bye-bye.