Why Trump’s civil fraud charges should horrify every business



Former president Donald Trump has been convicted of fraud in New York and is facing a $355 million fine. Now, he’s warning the state that businesses will flee if the charges levied against him aren’t overturned.

However, New York’s governor has promised that other businesses have nothing to worry about.

Former investment banker Carol Roth and Glenn Beck disagree.

“The implications of this are horrifying for everybody who is in business,” Roth tells Glenn, noting that the case itself makes no sense. “There is no actual damages, the bank has said that they were not victimized, that they made a ton of fees.”

“This has an incredibly disturbing implication for any business,” she adds. “If this is the standard, then basically, I would say every business in the United States, somebody needs to be thrown in jail and assessed hundreds of millions of dollars because this happens throughout all of business.”

“How much of an impact will this have on businesses being and locating themselves in New York?” Glenn asks Roth.

Roth notes that while people believe it can’t happen to them, “we have seen some level of exodus based on crime taxes and you know, other decisions.”

“So, obviously, the ones who have been savvy have already gotten out of there or started to decouple from New York,” she adds, explaining that what is happening is a “soft form of social credit.”

“If you go against whatever the narrative is, if you go against the state,” she continues, “You are not aligned with what we want so we are going to find ways to penalize you, and it is absolutely terrifying.”


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Why Trump’s Civil Fraud Charges Should HORRIFY Every Business

Why Trump’s Civil Fraud Charges Should HORRIFY Every Business

Mar-a-Lago ruling PROVES you CAN'T get a fair trial in a blue state



A New York court has ruled that former President Donald Trump and some of his children have committed fraud for years, in part by inflating the value of Trump's properties.

Glenn Beck has his doubts about the judge's ruling and thinks that anyone in New York should probably start thinking about getting out. “If I were in New York or I were in Washington, D.C., or any of these blue states, I’d be thinking I should probably leave here because I don’t think I can get a fair trial,” he tells Stu Burguiere.

The judge has claimed that Trump overstated the price of Mar-a-Lago, which he said is worth only $18 million, while Trump claimed it was worth much more.

“He did put probably $100 million into that place, and it is also a legacy property. I mean, it’s not going for $18 million,” Glenn says.

Mar-a-Lago is set on 17 acres of prime waterfront real estate in Palm Beach and includes tennis courts, a beach club, a golf course, a croquet court, and a spa.

Glenn notes that while the property may not actually be worth as much money as Trump says it is, it is surrounded by homes that are worth much more than they should be.

“I don’t know if you can get an apartment for $18 million right on the water,” he says.

Stu agrees.

“I’m just guesstimating here, but I mean, a 4,000 square foot house in West Palm Beach has already gotta be $4 million, $5 million,” he says.

Meanwhile, Mar-a-Lago features 126 rooms and is 62,500 square feet, with both sides on the ocean.

“If anybody is in the market for a really huge, really huge house that also has beachfront property on both sides of it, you might be able to get a deal soon,” Glenn adds.


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