Posted on 02/21/2024 5:10:27 AM PST by JV3MRC
Shark Tank’s Kevin O’Leary — a.k.a. “Mr. Wonderful” — ripped CNN for pathetically attempting to justify a radical New York judge’s bonkers ruling against former President Donald Trump.
Leftist CNN anchor Laura Coates appeared giddy as she touted the $355 million fine New York Supreme court judge Arthur Engoron slapped on Trump for allegedly inflating his assets to lenders, despite nobody losing money. O’Leary argued during the Feb. 19 edition of Laura Coates Live that this was a “victimless crime” due to the fact that Trump did nothing that was outside of the typical haggling that goes on between real estate developers and banks across the country. Coates got perturbed, cut O’Leary off mid-sentence and listed the alleged financial crimes Trump was charged with. “I take it your point is that these should not have been prosecuted,” Coates responded. O’Leary wouldn’t budge: “My point is there’s never been a case like this in 75 years.” O’Leary summarized that what Trump was being raked over the coals for by an activist judge with an axe to grind has been “done by every real estate developer everywhere on earth in every city. This has never, ever been prosecuted.”
(Excerpt) Read more at newsbusters.org ...
The old feigned outrage and interrupting tactic.
The state can take your house if they want to now. Nobody really owns anything.
“Hochul telling other NY business folks not to worry...you’re not like Trump”
Until she finds out if any of them are trump supporting republicans.
Comments on Cardone story:
<><>As a fixed income stock broker, I have been busy selling NY and NYC tax free and corporate bonds from banks ain insurance portfolio.
<><>bank owner (who owns 15 branches): “Sell every muni bond in our AFS portfolio from NY or NYC despite rating. Put them in winner states.”
<><>yield up with Arkansas school bonds Aa2 rated with state aid withholding insurance and NE road construction bonds.
<><>People are quietly selling and divesting of NY. It will be a bloodbath.
<><>banker mentioned above sent email that bank board is meeting at 0930 est to vote on selling all NY bonds from their HTM account. AFS=Avail. for sale, HTM=hold to maturity. They want OUT of NY.
<><>have your broker check TMC (the muni center) or Bloomberg for open bids on NYC corp. bonds and taxable and tax free muni bonds. They are on sale.
Best point so far. This is all states, counties, and cities do is value real estate and charge people money in taxes.
“We can do it, because we have immunity.”
What?
You are exactly correct.
There is no rule of law in America ever since the obamination illegally usurped power.
The lenders are not at risk. The borrowers are at risk.
Not really.
I hope LETEESHUH’s name is forever connected to every single sentence about ‘the complete destruction of New York truly began with an incompetent who started the exodus of every single business that brought money into the state”.
I wish that I knew what all of that means!🤔
Sounds great but I am a simple, mathematically challenged person!🥴
Be kind, use little words and smaller sentences next time please?😉
(Just funnin🤣)
I Really don’t understand though.😟
Joy Reid must be their poster child!
These people are serious racists - their hatred, bitterness, prejudice and disdain of anyone not black is palatable.
The bar association is a private organization with no ties to government except to grant licenses to practice law, with no input from the government.
And it is run by leftists.
Dat's the beauty of DEI, don't need to do nuffin, 'cept keep a box of cash {it's a black thing, dat's what fani's black panther sperm donor said}.
I was quoting verbatim comments WRT Cardone’s statement.
Back in the 80s I sold some tax free leases that were done for equipment being used in the NY Prison system and the brokers were located on Church Street in NY.
Back then they were high value, high margin products and the Seal of the State of NY was golden.
BTW, the guy that signed my deal was Lt. Governor Pious The Great {the original cuomo}, but he was not a thief like his son.
I dealt with him for several years, and he never even hinted that he wanted any kind of a kickback, he was one of the few politicians that I did business with that did not seek something on the side.
The appeal court —even in NY—can not possibly be as biased as Engoran so we should expect some degree of good news from them.
Still, they’re New Yorkers and may be influenced by public reaction. Hochul herself may be sending silent messages to the court that they’d best drop the unprecedented bias or this state is ruined !
One can hope.
Trump’s prosecution is ludicrous as banks and lenders aren’t idiots and do their own independent evaluation before making a loan. Trump paid these loans in full and the banks made money on the deal …so where is the fraud? This whole prosecution is political aimed only at Trump. However, other developers are taking note. If Trump can be prosecuted so can they on a political whim. Lots of luck attracting developers to New York.
It is so obvious that banana republic tactics are being used to silence political opponents no different than in Venezuela or Russia. I fear our Republic is doomed
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