Kevin O’Leary of “Shark Tank” fame has been making the rounds in the media lately to educate liberals on why the Trump civil case was so bogus.
While those on CNN, MSNBC, and similar networks probably do know better, they’re at least pretending to not know that borrowers and lenders negotiate how assets are being valued when making loans. Trump was accused of overvaluing his assets, but he never took any loans based on these supposedly inflated values.
Many have described Trump as having committed a “victimless crime” - but even that would be inaccurate, as there was no crime either.
Following the reduction in Trump’s bond to appeal the insane verdict in the NY civil fraud case, O’Leary reacted on Fox to praise the appeals court that reduced it.
“Let’s go up to 30,000 feet and talk about the American economy, our ability to main #1 worldwide, and most importantly, attracting foreign capital to invest in America. [That has happened because] in our constitution property rights are mentioned over twenty-five times,” O’Leary said.. This is very important because if you’re going to the Middle East… or Europe… which is where I’m going next week to raise money for American projects, notably data centers - when they give $3 billion to you they want to know their property rights are protected. What was happening in New York was extremely scary - and I have to admit to you in the past few weeks in our meetings I said to them ‘don’t worry, the adults would step in. Something will happen to advance the appellate process…’ Thank goodness the adults came to the rescue.
Watch below:
Matt Palumbo is the author of Fact-Checking the Fact-Checkers: How the Left Hijacked and Weaponized the Fact-Checking Industry and The Man Behind the Curtain: Inside the Secret Network of George Soros
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