Category: New Rules

Groomer Kingdom

Western Journal;

[South Carolina State Treasurer Curtis Loftis] announced that South Carolina will divest $105 million worth of Disney debt securities due to concerns over the company’s leadership and its embrace of ESG (Environmental, Social and Governance) principles.

Loftis said Disney has abandoned its fiduciary duty to shareholders in favor of ESG, which he defined as a “speech and behavior code that was … created by the left and delivered to everybody else.

“The sane, sober, talented, mature people are gone, and now you have the gender studies crowd running Disney,” Loftis said, “That’s why their movies are flops and their market cap, I think, is about half what it used to be. It’s a tremendous loss to America — we all grew up on Disney,” he added.

Loftis pointed to poor box office performance for Disney films and the 50 percent drop in Disney’s stock price from all-time highs in 2021 as evidence of flailing leadership.

Housing Micromanagement

I often wonder if conservative parties are all that different from their opposition. Witholding federal funding in order to browbeat civic governments into changing their housing policies to meet arbitrary targets sounds a lot like central planning. You could just drop federal housing subsidies altogether, repeal federal building codes and put an end to zero percent interest rates, but someone clearly thinks that this won’t buy enough votes.

Require big, unaffordable cities to build more homes and speed up the rate at which they build homes every year to meet our housing targets. Cities must increase the number of homes built by 15% each year and then 15% on top of the previous target every single year (it compounds). If targets are missed, cities will have to catch up in the following years and build even more homes, or a percentage of their federal funding will be withheld, equivalent to the percentage they missed their target by.

Soviet Housing

The primary cause of runaway housing costs are zero percent interest rates, but since the concept of net present value seems well beyond the grasp of policy makers, they’ve now decided that the best way to deal with this is to have higher levels of government override decision-making at lower levels. In other words, switch out responsibility for central planning. Another option would be for developers to decide for themselves what housing density is appropriate, but that would be too much like a free market in housing and we can’t have that.

The NDP bill eliminating single-family zoning, the Housing Statutes (Residential Development) Amendments Act, seizes zoning authority from municipalities and transfers it to the province.

Municipalities with a population higher than 5,000 will now have to zone in line with a provincial policy manual.

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