So I got a press release this afternoon…
Freedom Caucus Calls for State Beer Divestment
Rapid City, S.D. (April 19, 2023) – The South Dakota Freedom Caucus is condemning the recent actions of Anheuser-Busch’s use of Dylan Mulvaney and calling on Governor Kristi Noem to immediately divest in the state’s holdings in the company, totaling thousands of shares of stock in the Anheuser-Busch company according to a Securities Exchange Commission report from December 2022.
and..
“South Dakota needs to put our money where our values are,” said Tony Randolph, Vice-Chair of the South Dakota Freedom Caucus. “We cannot continue to invest in a company that promotes values that are contrary to those of South Dakotans.”
and..
“Men imitating as women is offensive,” said Tina Mulally, Treasurer of the South Dakota Freedom Caucus. “South Dakota should be investing in companies that respect our values, not promoting those that undermine them.”
(Yes, the graphic is my parody, but the words are not..).
So, yeah. I’m not sure what you can do with that except mock it.
Why do I expect the two dimmest bulbs in the House of Representatives to introduce a bill next session outlawing Rainbow Brite, and expunging any mention of the Reading Rainbow series from PBS?
You know, if you don’t want to support the company by not drinking their product, be a good consumer and do so.
But the Freedumb coalition wants to try to force the investment council to remove a company from their portfolio because a company sent commemorative beer to a dude who dresses in a way that many find odd?
Well.. dayam…That’s actually kind of ironic coming from Tina Mullaly.
Is this the Freedom Caucus or a chapter of the Taliban? Their insistence on coopting religious beliefs into gov’t fits right in with them.
It’s what follows ESG, NRA bank bans etc. Soon no one will be able to do anything in this country unless we have the same politics.
It is the duty of Budweiser, and, in fact, its’ only purpose as an entity, to sell as much Bud Light as possible within the marketplace. Budweiser is committed to return as much profit as possible to its’ shareholders. They spend millions on market research and advertising. Attacking Budweiser for doing what it does best is not support of the free market, free enterprise system. Also, I’m always puzzled by this talk about “South Dakota values”. I was not aware that these values included boycotting companies trying to return the investment of their share holders.
Remember when Alward was a libertarian instead of an authoritarian?
Drink a different Beer Aaron.
He just does what Mason wants now.
They spend millions on research, and then lost billions. Not a good return.
I find it strange that those who espouse constitutional conservatism are the very first ones to cry wolf and go for the jugular while supporting more government intervention in our lives. Once again, why can’t these buffoons focus on the issues impacting our state? (Like inflation, lack of high paying jobs, high property taxes, the need for more affordable housing, decaying infrastructure, and legislator harassment of state employees- oops, sorry, we can’t talk about that now can we).
Who cares what picture is on a Bud Light can?! Sam Adams is a better beer anyway! These idiots need to get a clue and serve their local constituents and stop worrying about these shiny objects. Good Lord!
Rep Aylward needs to fire Jordan Mason. They have 0 credibility. Aylward used to be his own man before he sold out to Jordan Mason.
I get out east every few months, and I have to admit, I really like Yuengling.. wish I could get it here.
They are starting to distribute it further now. They have it in Texas and Missouri I think.
Well said. I shag a couple of cases back with me whenever I’m in their marketing area. I still have a couple of cans left from my last foray abroad.
Tina and Tony have always been anti-capitalism. They prefer Fascism where they control your life….shades of extreme Liberals. Have we come full circle where Liberals meet the Extreme Right?
Yes. A self-professed conservative Republican is trying to tell businesses what to do for reasons of political posturing. Isn’t “cancel culture” supposed to be bad?
They are following the govs lead on banking. Only these clowns picked a dumb issue. Especially since Aylward is supposed to be for liberty.
These are not serious people. It’s sad that voters sent them to Pierre. Maybe open primaries will solve the issue.
They killed Odenbach’s American exceptionalism bill. Clearly they are not serious.
I agree. Thune, Rounds, and Dusty are truly disgraceful.
What? Thune and Rounds are excellent.
Well Rounds is anyway.
Its crazy. The very same types who hate ESG when the left wants to use it, now demand now ESG on the investment trust that handles the retirement funds of 30,000 retired SD public servants, plus the 70,000 other system participants (schools, colleges, cities, counties, state) who HOPE that the trust fund will not just become a multi-billion weaponized ESG.
Its a TRUST fund folks, just like a bank. It has a binding legal obligation to get best return while not investing in China, krypto, and other unreliable gambits.
any time a company makes a decision, to commit to appealing to a politically-tinged demographic, as a way to increase overall market share, they have to acknowledge that there will be political backlash. and they have to guess where their market share will end up after the backlash manifests itself.
if the people wanting divestiture are worried about a loss of stock value, ok. if they’re acting illogically because of the politics of gender bending over any economic facts, then they should cool off til the numbers are in. base a decision on thought and logic please.
Investing in companies that share your values and not investing in those that don’t is Fascism? Reading this site sometimes is like reading a transcript of an episode of the View.