Insane Trump’s Penalty Will NY Businesses To Flee to FLA, as New York State Becomes ‘Legal Banana Republic’: Experts

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The absurd ruling in the politcal persecution of Donald Trump represents the only big business penalized 365 million dollars and shutdown without a showing of obvious victims and major losses.On the contrary the banks testified in defense of Trump.

the corrupt judge went out of his way to punish the former president with a worst-case scenario, making it easier for courts to wipe out companies in the future.

Clearly the Democrat elite decided to take out America’s greatest President and kill the greatest city in the world.

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New York Sun:

AP’s review of nearly 150 reported cases since New York’s “repeated fraud” statute was passed in 1956 showed that nearly every previous time a company was taken away, victims and losses were key factors. Customers had lost money or bought defective products or never received services ordered, leaving them cheated and angry.

What’s more, businesses were taken over almost always as a last resort to stop a fraud in progress and protect potential victims. They included a phony psychologist who sold dubious treatments, a fake lawyer who sold false claims he could get students into law school, and businessmen who marketed financial advice but instead swindled people out of their home deeds.

Who suffered here? There are no victims.

“This is a basically a death penalty for a business,” said a Columbia University law professor, Eric Talley. “Is he getting his just desserts … or because people don’t like him?”

NY Post: In a scathing rebuke of a New York Judge’s decision to fine Donald Trump a staggering $355 million, the entrepreneur and media personality Kevin O’Leary minced no words, denouncing the ruling as “unjust,” “appalling” and ultimately “un-American.

Manhattan Supreme Court Justice Arthur Engoron’s Friday ruling not only slapped Trump with that hefty fine, but also with a temporary ban from conducting business in his native New York.

O’Leary, known for his role on “Shark Tank,” lambasted the decision, arguing that it sets a dangerous precedent for the entire real estate industry.

O’Leary had previously been critical of the months-long fraud case in the media, saying on CNN recently that, “I don’t think this thing will ever survive appeal regardless of what the fine is. This doesn’t even make sense.”

“That fact that he was found guilty, you might as well find guilty every real estate developer on Earth,” O’Leary said in an exclusive interview with The Pos

The judge’s decree bars Trump from assuming any officer or director positions in New York for three years, a move O’Leary sees as detrimental not just to Trump, but also to the broader business landscape.

“I don’t understand where someone got hurt … What developer doesn’t ask for the highest price valued for any building they built?” O’Leary said.

O’Leary said in an exclusive interview with The Post.The judge’s decree bars Trump from assuming any officer or director positions in New York for three years, a move O’Leary sees as detrimental not just to Trump, but also to the broader business landscape.

“I don’t understand where someone got hurt … What developer doesn’t ask for the highest price valued for any building they built?” O’Leary said.

Ayn Rand called it.

In this 1961 talk, Ayn Rand argues that “every ugly, brutal aspect of injustice toward racial or religious minorities is being practiced towards businessmen” under America’s antitrust laws. Rand catalogs the injustices of antitrust, decries the scapegoating of businessmen,.

An edited version of this talk is available in Capitalism: The Unknown Ideal, a book of essays by Rand and others.

“America’s Persecuted Minority: Big Business” by Ayn Rand

Trump’s penalty could cause NY biz exodus to FL, as New York State becomes ‘legal banana republic’: experts

NY AG Letitia James and liberal interests in the state appear to be seeking a political ‘death by exposure’ of Trump, analysts said

By Charles Creitz, Fox News, February 16, 2024:

Trump’s ‘breathtaking’ fine in fraud case is larger than budgets of some countries: Jonathan Turley

Fox News contributors Jonathan Turley and Ari Fleischer join chief legal correspondent Shannon Bream to react to Judge Arthur Engoron fining Donald Trump more than $350 million on ‘The Story.’

Legal experts analyzed what they called “breathtaking” civil penalties against former President Donald Trump, Donald Trump Jr., Eric Trump, former Trump Organization Comptroller Jeffrey McConney and ex-CFO Allen Weisselberg – warning other corporations based in the Empire State may realize they could suddenly be put out of business by the state on a political whim.

New York Supreme Court Judge Arthur Engoron found Trump liable for more than $350 million in damages in the fraud suit brought against him and his company by New York State Democratic District Attorney Letitia James.

Trump Sr., the Trump Revocable Trust and Trump Organization were found liable for $60 million, while Trump’s sons and Weisselberg were found liable for $4.01 million each – and Trump Sr. plus several entities including the Trump Organization and the LLC signifying Trump’s Chicago hotel were banned from applying for loans with institutions registered with New York for three years.

The three Trump family members were also banned from serving as executives of any business or legal entity based in New York for a similar length – which is key, as the Trump Organization is housed at its iconic tower at 5 Av and E. 57th Street.
Jonathan Turley on Trump civil fraud verdict: No other company would be subject to this ‘draconian exercise’ Video

In that regard, former Bush White House press secretary Ari Fleischer told Fox News the ban may spur Trump to relocate his entire business empire to Florida, just as he has his primary residence.

“If you’re Eric [or] Donald Junior, what are you going to do?” he asked.

“[Y]ou just say goodbye to New York, which fits a pattern that many successful people have been doing and leaving New York because New York is just too political, too blue and too punitive – you’re seeing that in the business community and among upper income New Yorkers already,” he said – adding the state’s crime wave accentuates the issue.

George Washington University Law Prof. Jonathan Turley further commented to Fox News that Engoron appeared to compound the highest fine figures in most of the areas adjudicated – noting that New York’s civil law in this area is unique because the proverbial crime can essentially be victimless.

“[It’s] an odd one because it does not require that anyone actually lose money. And so James was able to come in here with this [fraud] figure, and she kept on going up.”

Turley said the public and other legal officials may indeed take note of Trump world’s penalty, because, “when you’re imposing fines larger than the budget of some countries, you really have to wonder whether you’ve allowed your thoughts to run away with your judgment.”

“It’s one of the greatest ironies of this case: In the name of protecting businesses in New York, you probably just led to hundreds of businesses looking at potential rentals in Florida because they look and they go, ‘wow, if we fall on the wrong side of the politics in New York, they could sell us off for spare parts’.”

Fleischer noted that New York’s justice system has descended into a quasi-political entity, in that liberals and Democrats have been placed at the highest levers of power for the past few decades.

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Eric Arthur Blair
Eric Arthur Blair
2 months ago

Never interrupt your enemy when he is making a mistake.”
– Napoleon Bonaparte

All Republicans should allow this city to collapse. It is like Sodom and Gomorrah rolled into one.

Don’t run for any office in NYC, let it totally collapse in on itself like an emulated edifice.

Do not go to NYC or do business with it.

It is now officially illegal to practice capitalism in New York City.

Last edited 2 months ago by Eric Arthur Blair
JoeyJ
JoeyJ
2 months ago

The Democrats have long stated that they will remove Trump from the 2024 election “By any means necessary”. And they’re deadly serious about this.

Their methods include, among others:

1) Change the law to find him guilty of breathing air.
2) Use “lawfare” to turn him into a pauper.
3) Destroy the economies of any jurisdictions where he might have conducted business.
4) Jail him and place him into situations where he can easily be “Epsteined”.
5) Throw anyone who supported him in jail for for a minimum of ten years. Without possibility of parole.
6) Start WW3 and continue it until all life on planet earth has been eliminated and only a burning cinder remains.
7) Ensure that any persons still alive are fully vaxxed and boosted. We’ll get them soon enough.

Just in case you still think that this is still “The land of the free. And the home of the brave”.

Fool!! It’s a slave state and anyone who thinks otherwise will find out the truth the hard way.

Tesla_RulesD
Tesla_Rules
2 months ago
Reply to  JoeyJ

Now that New York is not the state any longer, but is Bolshevik Russia, thanks to Democrat voters, I wonder when the CPUSA will begin to put those voters in gulags?

“Show me the man and I’ll find you the crime.” – Lavrentiy Beria
We are living in End Times as the final nation that helped continue liberty in the world is not becoming the Union of Soviet Socialist States of Amarxica. Slavery will now be for all Amarxicans, not only people of color. The American Founders must be doing about 1 x 10^1000000000000000000000 RPMs in their graves.
John Adams was right when he said: “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the government of any other.” Now that the motto of the USSSA is “In Baal We Trust”
I wonder when Ben Franklin’s words will come to pass??
“Well, Doctor, what have we got—a Republic or a Monarchy?”
“A Republic, if you can keep it.” – Benjamin Franklin

“Democracy is two wolves and a lamb voting on what to have for lunch.
Liberty is a well armed lamb contesting the vote.” – Ben Franklin

Amarxicans, or perhaps they will be called ELOI, from the nation formerly known as America should memorise the words of Vladimir Lenin: “People always have been and they always will be stupid victims of deceit and self-deception in politics.” This is what the American Founding Father did not want for the citizens of the nation they were founding. Thanks to Democrat Voters there will be no more American Nation.

If HG Wells was right Amarxica will find that Morlocks like Nancy Pelosi and Bill Gates will not be eating bugs, but ELOI.

turtlebrat
turtlebrat
2 months ago

The Empire State has become the vampire state. RIP and adieu.

Tesla_RulesD
Tesla_Rules
2 months ago
Reply to  turtlebrat

It fits well since the Communist Manifesto was written not by Karl Marx, but by a cousin of Franklin Delano Roosevelt, Clinton Roosevelt. He published his book in 1841 while he was in the New York Assembly. Look at what he advocated in 1841 and compare to what Marx advocated in 1848.
1. Abolition of private property
2. Heavy progressive income tax
3. Abolition of all rights of inheritance
4. Confiscation of property of all emigrants and rebels
5. Creation of a Central Bank
6. Government control of Communications & Transportation
7. Government ownership of factories and agriculture
8. Government control of labor
9. Corporate farms, regional planning
10. Government control of education
11. Abolition of religion
12. Abolition of the family as basic social unit
The Democratic Party worked to apply these goals to people of color, but never wanted to stop there.

David Grisez
David Grisez
2 months ago
Reply to  Tesla_Rules

These are the characteristics of a totalitarian communist government.

BobV
BobV
2 months ago

The US banana republic sends billions of tax dollars to NYC, LA and Chicago monthly. Why are our tax dollars subsidizing deviant reprobates and communism?

Tesla_RulesD
Tesla_Rules
2 months ago
Reply to  BobV

Thank member of the largest religious cult in Amarxica. Which cult? The Democratic Party. Those people are Rooseveltists, supporting what Clinton Roosevelt advocated in 1841.

turtlebrat
turtlebrat
2 months ago

Escape from NY takes on a new meaning. Those who use the excuse of a bogus interpretation of the law to foment treason should be hanged.

Horti
Horti
2 months ago

If President Trump saw fit to tell the UN to get the f–k out of New York, that would be the end of that state for good!

Platinum GhostD
Platinum Ghost
2 months ago
Reply to  Horti

When President Trump takes back the White House, telling the un to relocate to someplace outside of the United States, should be a priority now that they are nothing more than spokes people for hamas.

David Grisez
David Grisez
2 months ago

It really comes down to this. This was a kangaroo court trial conducted by a prosecutor and a judge who both have a deep seated hatred for former president Donald Trump. Both the prosecutor and the judge are members of the Democrat-Socialist party. The primary purpose of these two people is to destroy Donald Trump personally to prevent him from becoming president again. This of course will cause businesses to leave New York, since they have seen that the judicial system can wrongly shut them down. The implications of what this court did will have long lasting repercussions that will harm the United States. Also this is the kind of stuff that was done in the old Soviet Union.

Yaakov Holansky
Yaakov Holansky
2 months ago

Seriously, is the Judge in this case a Communist? The Capitalist economic system allows a seller to ask for the highest price that the Market will bear. Therefore, President Trump can barter for the ion if he thinks the buyer is capable and willing to pay.

Stephen Honig
Stephen Honig
2 months ago

If a psychic told me a year ago that all this evil would attack Trump, I wouldn’t believe it. The Demorats, radicals and communist are evil along with snakes head Biden.

garry pollackD
garry pollack
2 months ago

there R innumerable traitors—for whom a Trump presidency will mean hanging or life in prison—

Platinum GhostD
Platinum Ghost
2 months ago

I bet Amazon is now thanking aoc for what she did in keeping them from building in new york.

GWCD
GWC
2 months ago

Nobody is going anywhere. They are the ones who keep voting these Klowns in to Kloud KooKooland. In NY and feds in D.C. among others.

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