Famous real estate developer Grant Cardone sees the findings in the Trump civil trial brought by [communist] Attorney General Letitia James devastating for New York. He is telling his team to pack up and leave New York.
The business leader gained recent recognition after he posted on X that his firm would “immediately discontinue” all underwriting on New York City real estate to focus on other markets like Texas and Florida.
Cardone further claimed that New York has risks “that outweigh the opportunities” in terms of property value – and the blue state has shown its politicization when it comes to doing business.
“We invest for 14,000 investors at Cardone Capital that depend on cash flow. And if I can’t predict the cash flow because of some ruling, or because of the migrants, or because I can’t evict people, New York City just keeps doing every single thing they can to sell real estate in Florida, not sell real estate in New York,” the fund manager explained.
Judge Engoron Viciously Rejected a One Month Delay
Speaking of communists, Judge Engoron rejected a request by Trump’s lawyers to delay the judgment for a month.
Judge Arthur Engoron told lawyers for Trump and the New York attorney general of his intentions in an email sent Thursday.
Once the judgment is officially entered, it will start the 30-day clock for Trump to file an appeal. During that period, Trump will need to put up cash or post bond to cover the $355 million and roughly $100 million in interest he was ordered to pay the state.
Mr. Trump can’t even file an appeal unless he puts up. the cash.
In the email, Engoron rejected Trump’s request for an additional 30 days, writing, “You have failed to explain, much less justify, any basis for a stay,” he said viciously.
“The proposed judgment accurately reflects the spirit and letter of the February 16 Decision and Order,” the judge wrote. The judge found Trump and his two adult sons liable for fraud.
In addition to the fine and interest of $463M+ and being denied the right to conduct business for three years, he can’t take out loans. His sons have to pay $4M and can’t run the businesses for two years. Additionally, the overpaid witch monitoring the Trump organization was to recommend a person to serve as an independent compliance director for the Trump Organization. That will be millions more wasted. The leftists are getting rich, bleeding Trump dry illegally and unethically.
The “Honourable” Engoron’s ruling is a judicial outrage.
And if you approve of it, you’re a filthy fascist. No better than Kim Jung-Un.
But heck, but at least you’re not poisoning your political rivals.
Good for you, fascist. pic.twitter.com/Cg76Vouwjz
— Viva Frei (@thevivafrei) February 23, 2024
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Cardone demonstrates that democracies have few safeguards against rogue jurists, administrators, and others who abuse their power. No sane society can exist where deluded and power mad individuals of his ilk are allowed to roam unfettered. It also demonstrates the citizenry of NUC are unworthy of living in a civilized state. Wall it off to contain the cancer.
Grant Cardone’s clear minded assessment that the fiscal risks of investing in NYC “outweigh the opportunities” is a stark warning other big investors will certainly heed. The shady and economically illiterate pols won’t be affected so they’ll likely see their play as an ongoing fundraising opportunity. Posted this before, but if the cement shoes fit….. Goodfellas doing “business” in NYC.
https://www.youtube.com/watch?v=ZPtjyqgZAUk
Given the crime, high cost of doing business, high cost of housing, excessive regulations, NYC has been a business unfriendly place. This makes it worse.
A conservative run business will not expand into NYC. It is too risky, the business assets can be capriciously seized. Any business which is looked at as prey by the left (gas, natural gas, coal, anything industry which uses those fuels, guns, beef, …) will never expand or locate there.
Engoron is an ugly, skinny nerd who could never have the success and popularity of someone like Donald Trump
Engoron is jealous and envious of men like Trump who are rich, are loved by tens of millions of people and have beautiful women.
Trump represents what he could never be
Letitia James is an angry black woman who is both envious and jealous of the beautiful white women that Trump has dated or married, and she is a racist who hates white people and will do anything to punish white people for crimes of the past ( such as slavery) that white people alive today did not commit.
Letitia James and Engoron are like a lynching mob, they are blinded by their hatred and want those who they perceive as bad people cruelly punished.
James is motivated mainly by her hatred of white people, she wants revenge for what was done to black people, and in her troubled mind, Trump- a tall handsome rich white man – represents those who mistreated blacks in the past.
Engoron is motivated mainly by his hatred of men that are better than him, that have more success and more money than him, that are better looking than him. It is his “revenge of the nerds” moment.
After Democrats steal the 2024 election, this type of persecution of whites will get much worse.
Much worse.
You identified some personal characteristics of those 2 people, Neither one of them could contribute to society in a productive way. They seek their form of fame.
The motive as we all know is to bankrupt him and put him in prison. That would be a travesty. Whether he was penniless or not and an inmate or not, we’d still vote for Trump in November.