BRKG Trump Ordered To Pay $355 Million In Civil Fraud Case, Barred From Doing Business in NY For 3 Years

Dobbin

Faithful Steed
Oh, and I doubt that speech reassured anyone. It just made it clear that they could be a "special case" if they didn't obey.
“I think that this is really an extraordinary unusual circumstance that the law-abiding and rule-following New Yorkers who are business people have nothing to worry about because they’re very different than Donald Trump and his behavior,” Hochul responded.

Yes. They're not running for President against Joe Biden.

Now - imagine you're in charge of originating the loan for some New York entrepreneur. You're going to make sure that every T is crossed and every i is dotted - and - due to the uncertainty of repayment due to possibility of "legal attachment" - you're going to add on a certain percentage to financially compensate for the uncertainty.

And - you may decide not to make the loan anyway. Uncertainty is like that.

Both of these will tend to dry up the supply of money - and like any commodity there is "law of supply & demand." Loans, when you can find them, will be more expensive.

And the marketplace will go elsewhere. Otherwise known as an "unintended consequence" to getting Trump. Also nick-named "Engoron's Revenge."

This WILL have severe impact to NYC and possibly New York State. Money makes the world go round - not Federal Largesse.

Gather up the women and children and GET OUT NOW.

Dobbin
 

pauldingbabe

The Great Cat
Oh, and I doubt that speech reassured anyone. It just made it clear that they could be a "special case" if they didn't obey.


This exactly!

Governor's speech was a warning. We did this to Trump, what will we do to you?

This speech was to tighten everyone up on all the loopholes and whatever else they do for "regular business dealings" in NYC. The warning is also a message for Trump supporters and those who are getting endorsement for the running.

Yep...every business, large or small, got the message.
 

Knoxville's Joker

Has No Life - Lives on TB
This exactly!

Governor's speech was a warning. We did this to Trump, what will we do to you?

This speech was to tighten everyone up on all the loopholes and whatever else they do for "regular business dealings" in NYC. The warning is also a message for Trump supporters and those who are getting endorsement for the running.

Yep...every business, large or small, got the message.
And such a speech also kills the push for a digital dollar as it will force many to go cash only.
 

Dobbin

Faithful Steed
Trump $399 Gold sneakers limited edition 1000 (i.e. $399,000 worth of sneakers) sold out in TWO HOURS.

Pairs available on Ebay for $3900 (18 bids) or Buy It Now for a cool $10K. (Plus $20 shipping.)

Owner pays Rusty about $40 a shoe - but that is just for the hand-formed iron. (Rusty works from a commercial "shoe blank" of large size.) Add on about $100 average per hoof for the trim.

Dobbin
 
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vector7

Dot Collector
Oh, and I doubt that speech reassured anyone. It just made it clear that they could be a "special case" if they didn't obey.

(Totalitarian Communist) New York Governor Tells Businesses “They Have Nothing to Fear” "If they OBEY (US)..." After Democrat State Leaders Fleece Donald Trump of $355 Million​

by Jim Hoft Feb. 18, 2024 11:00 am1349 Comments

IMG_8356-1.jpg


New York Governor Kathy Hochul attempted to reassure business owners in New York that they have nothing to fear after the state’s Attorney General fleeced $355 million from President Trump for running a business in the state.

Hochul told John Catsimatidis on “The Cats Roundtable” on WABC 770 AM where she was asked if other New York business people should be worried that if “they can do that to the former president, they can do that to anybody.”

According to Hochul: “I think that this is really an extraordinary unusual circumstance that the law-abiding and rule-following New Yorkers who are business people have nothing to worry about because they’re very different than Donald Trump and his behavior.”

Good luck with that, Kathy. Trump was fined for taking out loans, paying them back on time and with interest. The banks said they would be happy to loan him money in the future and there were no victims in the made-up crime.

Does that put any business owner at ease? In New York City you now have excessive tax rates, record crime, and NOW you have to worry about the politicians fining you for $355 million for running a business in the state.

Jonathan Turley wrote this scathing rebuke of the outrageous verdict against President Trump at The Hill.

“…If New York wants to turn Wall Street into a remake of “The Hunger Games,” it has only itself to blame as other businesses flee the state.
The impact on New York business is likely to be dire. New York is already viewed as a hostile business environment, with the top end of its tax base literally heading south as taxes and crime rises. This draconian award is only going to deepen concerns over the arbitrary application of the law by figures like James, who previously sought to disband the National Rifle Association. (She has shown less interest in cracking down on liberal organizations like Black Lives Matter or the National Action Network of Al Sharpton despite their own major financial scandals.)
As James gleefully uses this law to break up a major New York corporation, it is hard to imagine many businesses rushing to the Big Apple. This follows Democratic politicians such as Rep. Alexandria Ocasio-Cortez (N.Y.) campaigning against Amazon seeking to open new facilities in the city. After this week, drawing new businesses to the city is going to be about as easy as selling country estates during the French Revolution.
The one hope for New York businesses may be the U.S. Supreme Court. Despite the deference afforded to the states and their courts, the court has occasionally intervened to block excessive damage awards.


Kevin O'Leary is ‘shocked’ and said New York was already a loser state like CA.

The Trump ruling aside… “I would never invest in New York now!

I'm not the only one saying that!"

He’s going to invest in other states like Oklahoma, North Dakota, and West Virginia
RT 4min
View: https://twitter.com/Rickster_75/status/1759767962096132167
 

vector7

Dot Collector
“Steve Calabresi, founder and co-chairman of the influential Federalist Society, has compared the judgment against former President Donald Trump in a New York civil fraud trial to the killing of Alexander Hamilton.

He also describes it as a ‘Stalinist nightmare.’ Writing for Reason, Calabresi states: ‘The civil fraud judgment against Donald Trump is a travesty, and an unjust political act rivaled only in American politics by the killing of former Treasury Secretary Alexander Hamilton by Vice President Aaron Burr...’” FedSoc Founder: Trump NY Case A Travesty On Par With Killing of Hamilton.
View: https://twitter.com/texan_maga/status/1760003626058035240
 

packyderms_wife

Neither here nor there.
“Steve Calabresi, founder and co-chairman of the influential Federalist Society, has compared the judgment against former President Donald Trump in a New York civil fraud trial to the killing of Alexander Hamilton.

He also describes it as a ‘Stalinist nightmare.’ Writing for Reason, Calabresi states: ‘The civil fraud judgment against Donald Trump is a travesty, and an unjust political act rivaled only in American politics by the killing of former Treasury Secretary Alexander Hamilton by Vice President Aaron Burr...’” FedSoc Founder: Trump NY Case A Travesty On Par With Killing of Hamilton.
View: https://twitter.com/texan_maga/status/1760003626058035240

The average trump hater and/or liberal/communist has NO clue as to how dangerous this precedent will be in the near future.
 

Dobbin

Faithful Steed
The average trump hater and/or liberal/communist has NO clue as to how dangerous this precedent will be in the near future.
This true. In their minds the successful should be PUNISHED for their success is life's Steeplechase.

Like grow the hedges HIGHER where the rich run.

But - what happens when the successful decide not to run? Leaving the Communists to run their own race?

5fd176e565a8201e718d5dffc196c8cc.gif


I note the equine "didn't miss a beat" and only looked back once.

Dobbin
 

Tristan

Has No Life - Lives on TB
They never consider the future nor consequences, only now, this moment.

Because the majority of them are f'n idiots.

They don't realize the Pols are merely mouthing pleasing platitudes in order to gain power over them, and to use them to their own ends.
 

155 arty

Veteran Member

(Totalitarian Communist) New York Governor Tells Businesses “They Have Nothing to Fear” "If they OBEY (US)..." After Democrat State Leaders Fleece Donald Trump of $355 Million​

by Jim Hoft Feb. 18, 2024 11:00 am1349 Comments

IMG_8356-1.jpg


New York Governor Kathy Hochul attempted to reassure business owners in New York that they have nothing to fear after the state’s Attorney General fleeced $355 million from President Trump for running a business in the state.

Hochul told John Catsimatidis on “The Cats Roundtable” on WABC 770 AM where she was asked if other New York business people should be worried that if “they can do that to the former president, they can do that to anybody.”

According to Hochul: “I think that this is really an extraordinary unusual circumstance that the law-abiding and rule-following New Yorkers who are business people have nothing to worry about because they’re very different than Donald Trump and his behavior.”

Good luck with that, Kathy. Trump was fined for taking out loans, paying them back on time and with interest. The banks said they would be happy to loan him money in the future and there were no victims in the made-up crime.

Does that put any business owner at ease? In New York City you now have excessive tax rates, record crime, and NOW you have to worry about the politicians fining you for $355 million for running a business in the state.

Jonathan Turley wrote this scathing rebuke of the outrageous verdict against President Trump at The Hill.




Kevin O'Leary is ‘shocked’ and said New York was already a loser state like CA.

The Trump ruling aside… “I would never invest in New York now!

I'm not the only one saying that!"

He’s going to invest in other states like Oklahoma, North Dakota, and West Virginia
RT 4min
View: https://twitter.com/Rickster_75/status/1759767962096132167
I know it doesn't mean shyte but I'm done spending one Red cent in NY anywhere...travel thru on a regular basis 10 times a year or more ...almost ran out of fuel yesterday so I didn't buy gas there .. lol
 

Housecarl

On TB every waking moment
What is now going on behind the scenes in NYC/NYS and other regions political/business blocks as well as where it blends into the national interface is going to eventually be massive.

When the Trump/MAGA/Conservative persecution crusade is added to the anti-Jewish and anti-Christian movement within the DNC, the monolith that has been the DNC cannot hold. It is only a matter of time.

ETA: To put it another way, since money is the "mother's milk" of politics these idiots in their writhing TDS have immersed the dairy supplying that milk in a mix of e-coli and ebola.
 
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packyderms_wife

Neither here nor there.
Yeah, that too, although I don't usually mute it. However, it goes off if the Jazzy Vegetarian or that stupid, pretend Polish cook is on.

Ummm yeah, she is annoying as hell! I haven't seen the polish cook yet. Sometimes I tune into 13.1 to watch the NBC news show at 2pm, just to find out what's going on the world... which if it's breaking news it'll be on within the first few minutes. Otherwise it's either a cooking or home dec show on PBS, or the weather. I do sometimes watch the Int'l news on PBS World, 11.3, to find out what's really going on in the world and how other countries view the US.
 

Greybeard7

Veteran Member
I don't drive a truck but I will support the protest by not buying anything from NYC or NYS.
I don't travel anywhere near there, but I will check the physical address of any online business that I might use to avoid sending any money into New York state. ANY money that goes into NYS will be taxed and those taxes will allow that state to continue their insanity.
 

Cacheman

Ultra MAGA!
Is this the beginning of an exodus from NY?

BREAKING REPORT:

CEO of Cardone Capitol, Grant Cardone orders underwriters to " IMMEDIATELY DISCONTINUE ALL UNDERWRITING on New York City real estate following $355 MILLION Trump Judgement...

'The risk outweigh the opportunities at this time.'

Cardone Capital's portfolio currently consists of 6,537 units with a total value of over $1.4 billion.

1708471519062.png
 

Housecarl

On TB every waking moment
Is this the beginning of an exodus from NY?

BREAKING REPORT:

CEO of Cardone Capitol, Grant Cardone orders underwriters to " IMMEDIATELY DISCONTINUE ALL UNDERWRITING on New York City real estate following $355 MILLION Trump Judgement...

'The risk outweigh the opportunities at this time.'

Cardone Capital's portfolio currently consists of 6,537 units with a total value of over $1.4 billion.

View attachment 461515

Meanwhile the NYC DA is threatening to seize Trump's properties I'd he doesn't "settle up" ASAP.

ETA: Correction, the NYS AG is making that threat.
 
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tnphil

Don't screw with an engineer
Is this the beginning of an exodus from NY?

BREAKING REPORT:

CEO of Cardone Capitol, Grant Cardone orders underwriters to " IMMEDIATELY DISCONTINUE ALL UNDERWRITING on New York City real estate following $355 MILLION Trump Judgement...

'The risk outweigh the opportunities at this time.'

Cardone Capital's portfolio currently consists of 6,537 units with a total value of over $1.4 billion.

View attachment 461515
They FA, time to FO...
I feel sorry for the decent, sane folks in NYC. All four or five of them. :D
Seriously, I know we have a few here that live in NYC. Y'all must be decent, reasonable folks if you are here, thinking and discussing. You have more patience than I possess, living with all the crazies and Commies.
 

West

Senior
The environmentalist, black power, ELF, OWS, etc.. should all riot and burn down Trumps buildings and supporters in New York asap..

Power of suggestion..

:D
 
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TheSearcher

Are you sure about that?
New York's "Get Trump" Attorney General Letitia James says she's prepared to seize Trump's buildings if he's unable to to pay the sham $400 million judgment.
RT 2min
View: https://twitter.com/charliekirk11/status/1760344128242725091
They're in a panic. They tried to take down the King, and missed. They think they have a second chance to take a swing.

They have no idea what kind of ill will they have unleashed, but they do know if he can't be neutralized before the election, they are in yuge trouble.
 

Housecarl

On TB every waking moment
They're in a panic. They tried to take down the King, and missed. They think they have a second chance to take a swing.

They have no idea what kind of ill will they have unleashed, but they do know if he can't be neutralized before the election, they are in yuge trouble.

Even if the were to "neutralize" him, these fools in throwing out the "rule book" have forever placed themselves at risk of "turnabout".
 

energy_wave

Has No Life - Lives on TB

GoFundMe refuses to halt $355 million fundraiser for Donald Trump despite calls for boycott​


412323-succession-2024-02-15t165822929.jpg


Despite mounting calls for a boycott on social media, GoFundMe has declared its decision to maintain the $355 million campaign for Donald Trump.


The controversial fundraiser emerged following Judge Arthur Engoron's ruling in the New York fraud trial, imposing a substantial penalty on the former president.

The campaign, organised by Elena Cardone, a businesswoman and wife of Grant Cardone, a real estate tycoon and author, has raised $658,597 so far, sparking outrage and boycott appeals against GoFundMe.

In response to the online backlash, Jalen Drummond, GoFundMe's director of public affairs, informed Newsweek, “This fundraiser is currently within our terms of service.” The Stand With Trump campaign was initiated by Elena Cardone just minutes after Friday's verdict.

As the campaign organiser, Elena identifies herself as “an ardent supporter of American values and an advocate for justice.” She expressed unwavering support for Donald Trump, characterising his treatment in New York's judicial system as unprecedented and unfair.

The campaign's existence has fueled anger among netizens, leading to widespread calls for boycotting GoFundMe on various social media platforms.

One user expressed frustration, stating, “Even though this illegal Go Fund Me account should be taken down by said company, and all monies refunded, I just NOW went into it and it’s still up and drifting."

Another user voiced their discontent, saying, “I will never donate my money to a CRIMINAL who is a Billionaire and who has children that are billionaires like Ivanka! They all live in Mansions and travel by private planes!”

A third user raised concerns about the anonymity of significant donations, speculating on potential involvement from Saudi and Russian sources, calling it a “perfect money laundering & influence peddling scheme.” They concluded with the hashtag #BoycottGoFundMe.



Stand with Trump; Fund the $355M Unjust Judgment​


 

TheSearcher

Are you sure about that?

GoFundMe refuses to halt $355 million fundraiser for Donald Trump despite calls for boycott​


412323-succession-2024-02-15t165822929.jpg


Despite mounting calls for a boycott on social media, GoFundMe has declared its decision to maintain the $355 million campaign for Donald Trump.


The controversial fundraiser emerged following Judge Arthur Engoron's ruling in the New York fraud trial, imposing a substantial penalty on the former president.

The campaign, organised by Elena Cardone, a businesswoman and wife of Grant Cardone, a real estate tycoon and author, has raised $658,597 so far, sparking outrage and boycott appeals against GoFundMe.

In response to the online backlash, Jalen Drummond, GoFundMe's director of public affairs, informed Newsweek, “This fundraiser is currently within our terms of service.” The Stand With Trump campaign was initiated by Elena Cardone just minutes after Friday's verdict.

As the campaign organiser, Elena identifies herself as “an ardent supporter of American values and an advocate for justice.” She expressed unwavering support for Donald Trump, characterising his treatment in New York's judicial system as unprecedented and unfair.

The campaign's existence has fueled anger among netizens, leading to widespread calls for boycotting GoFundMe on various social media platforms.

One user expressed frustration, stating, “Even though this illegal Go Fund Me account should be taken down by said company, and all monies refunded, I just NOW went into it and it’s still up and drifting."

Another user voiced their discontent, saying, “I will never donate my money to a CRIMINAL who is a Billionaire and who has children that are billionaires like Ivanka! They all live in Mansions and travel by private planes!”

A third user raised concerns about the anonymity of significant donations, speculating on potential involvement from Saudi and Russian sources, calling it a “perfect money laundering & influence peddling scheme.” They concluded with the hashtag #BoycottGoFundMe.



Stand with Trump; Fund the $355M Unjust Judgment​


GFM knows. Yes, this will hurt Trump politically, at least for a while. But it won't stand, and they don't want to be on the wrong side of this when it implodes.
 
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