In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
The decision to buy 21st Century Fox (NYSE: FOX) will have many observers wondering if the Walt Disney Co. (NYSE: DIS) is making money. The financial data indicates Disney is making money, but it also shows why the company’s CEO Bob Iger wants Fox.
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Disney’s abuse of the H-1B visa program shows why there is such support for Bernie Sanders. It also tells us that if Corporate America does not want to see more politicians like Sanders, it had better start rethinking some of its policies. The American public is no longer amused by the cavalier attitude companies like Disney are taking towards their workers.
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