Glenn reacts as New York court hands Trump a HUGE victory over $454 million bond



While it seems that the unprecedented attack on Donald Trump won’t stop until he's behind bars, the former president isn’t going down without a fight.

In a huge victory on Monday, Trump won an appeal in his fraud case to have his bond reduced — which is now set at $175 million instead of $464 million. Not only has the bond been reduced by over 60%, the court has given him 10 more days to post it.

While it’s a massive win, Glenn Beck believes it’s still “completely excessive and ridiculous” and notes that there has never been an attack on a former or sitting president like this.

“You go through the ways this rule has been used historically, and there are no parallels at all to what has happened with Donald Trump,” Stu Burguiere agrees, adding, “it is quite clearly and quite obviously a political persecution, whether you like Trump or not.”

While the battle against Trump feels never-ending, Stu believes that the farther Trump can push this, the more likely his chance is to fight this off and win.

“I think he’s very likely to win in an appeal or at least have this reduced to maybe a dollar fine or $10,000 fine,” he says, noting that a fine that size would be “somewhat aligned with reality.”

Despite the win, the case is still “ridiculous” as Glenn pointed out. Its mere existence, along with other recent injustices, will signal a deeper distrust in the justice system for Americans everywhere — unless the courts can change course.

“Injustice is being served on so many Americans. From the FBI to the Justice Department to the court system in Donald Trump’s case,” Glenn says, adding, “it does give you a view on how important justice is — the kind of justice that many of us have taken for granted our whole lives.”

“We really are on the precipice of disaster,” Stu says. However, he hasn’t given up hope.

“It might need to go all the way to the Supreme Court,” he says, adding that when cases go that far, “it does seem to play out the right way a lot of times.”


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Kevin O'Leary uses basic logic to explain how ruling against Trump will backfire on New York: 'Never invest in New York now'



Businessman Kevin O'Leary vowed on Monday never to invest in the state of New York again.

O'Leary, the star "Shark Tank" investor, slammed Judge Arthur Engoron's ruling against Trump in the civil fraud trial. Last Friday, Engoron ordered Trump to pay a penalty of $355 million plus interest — a total of approximately $450 million. The fraud case was brought by New York Attorney General Letitia James, a Democrat who campaigned on targeting Trump.

"Just leaving the whole Trump thing out of it and seeing what occurred here — and I'm no different than any other investor — I'm shocked at this," O'Leary said on Fox Business. "I can't even understand or fathom the decision at all. There's no rationale for it."

According to O'Leary, the ruling demonstrates what he and many other businessmen believed was already true: New York is a "loser state" because of liberal policies, high taxes, and uncompetitive regulation.

"I would never invest in New York now," he promised.

"The fine people of New York should ask themselves, 'Why are we such a loser state? How are we going attract business?' It's not just the existing businesses that are fleeing out to Texas and Florida. What about new money like what I’m talking about? Like a $4 billion data center?" O'Leary continued. "Not a chance I would put that in New York! Zero probability! Never!"

O'Leary cited Tennessee, Oklahoma, West Virginia, and North Dakota as "winner states" because of their business-friendly policies. But New York, he argued, has just proved it is a "mega-loser state."

'LOSER STATE': O'Leary says he will never invest in NY after Trump fraud ruling www.youtube.com

Finally, O'Leary responded to Democrat Gov. Kathy Hochul's attempt to reassure businesses and real estate developers — those not named Trump, of course — telling them that there is "nothing to worry about."

Ultimately, O'Leary explained that New York has shot itself in the foot — and state officials have no one to blame but themselves.

"We're very worried. Every investor is worried because where is the victim? Who lost the money? This is some arbitrary decision a judge made," O'Leary said. "What does this say about the legal bar in New York? Aren't they going to question this judge? What is this? $355 million as a penalty plus interest at 9% and there's no victim?

"I'm sorry. Her words fall on deaf ears to everybody. There's nothing she can say to justify this decision," he continued. "Forget about Trump. This is not a Trump situation — this is a New York problem."

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Trump and sons ordered to pay $364 million in business fraud case and to stop operating in New York for 3 years



Former President Donald Trump and his sons were ordered to pay $364 million over a lawsuit in a New York state Supreme Court on Friday.

The civil lawsuit was filed by New York Attorney General Letitia James and claimed that Trump defrauded banks and other organizations by over-estimating the value of his properties in order to secure favorable bank loans and other benefits.

New York state Supreme Court Judge Arthur Engoron had previously ruled in September that Trump had indeed committed fraud and on Friday, he issued his ruling on the penalty.

"There is overwhelming evidence from both interested and non-interested witnesses, corroborated by documentary evidence, that the buck for being truthful in the supporting data valuations stopped with the Trump Organization, not the accountants," the judge wrote.

Engoron said in the 91-page ruling that the president's son Eric Trump is liable for the amount of $4 million and also that his other son Donald Trump Jr. is liable for the amount of $4 million.

The ruling also forbids Trump from "serving as an officer or director of any New York corporation or other legal entity in New York for a period of three years."

Trump's attorneys argued that the real estate valuations were very subjective and also claimed that there were no victims identified in the case.

The case became sensationalized after the former president vehemently criticized Engoron's clerk for posting a photograph of herself with Democratic Senate Majority Leader Chuck Schumer of New York. Engoron fined Trump and threatened to issue greater penalties unless he stopped attacking the judge and his clerks.

One minor victory for Trump is that the judge rescinded a previous order that would invalidate any business certificates for Trump and his organization in the state of New York. That penalty was shot down and delayed by an appeals court in October.

Engoron excoriated the defendants for not showing remorse in the case.

"Their complete lack of contrition and remorse borders on pathological," he wrote. "They are accused only of inflating asset values to make more money. The documents prove this over and over again. This is a venial sin, not a mortal sin. Defendants did not commit murder or arson. They did not rob a bank at gunpoint. Donald Trump is not Bernard Madoff. Yet, defendants are incapable of admitting the error of their ways."

Alina Habba, the former president's attorney, called the ruling a "a manifest injustice — plain and simple."

A spokesperson for the Trump Organization decried the ruling as a "a gross miscarriage of justice. The Trump Organization has never missed any loan payment or been in default on any loan."

Former federal prosecutor Renato Mariotti described the order as "a devastating result for Trump and his businesses" on CNN.

Here's more about the Trump fraud sentence:

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