Shark Tank Star Kevin O’Leary Slams “Un-American” $355 Million Fine on Donald Trump
The “Shark Tank” star Kevin O’Leary has spoken out against last week’s ruling by a New York judge to fine former President Donald Trump a staggering $355 million, calling it “un-American”. Manhattan Supreme Court Justice Arthur Engoron hit Trump with the fine and banned him from conducting business in his native New York for three years, a decision that O’Leary has described as a “manifest injustice.”
O’Leary’s Critique of the Ruling
“”That fact that he was found guilty, you might as well find guilty every real estate developer on Earth,” O’Leary told The New York Post, defending Trump. “I don’t understand where someone got hurt … What developer doesn’t ask for the highest price valued for any building they built? It’s not healthy for the country. I want this reviewed and appealed and turned over because it’s wrong for everybody that participates. If this judgment sticks. Every developer must be jailed. They must be found guilty. They must be put out of business. You can’t do this to one another. It’s not about Trump. It’s appalling. It’s unjust. I would go as far to say it’s un-American,” said O’Leary.
O’Leary also accused New York of being a “loser state,” predicting a mass exodus of businesses from the state if the decision holds.
“This ruling has sent shockwaves through the real estate industry,” stated O’Leary. “We’re just stunned. You have no idea. Insane,” he concluded.
O’Leary had previously told CNN, “I don’t think this thing will ever survive appeal regardless of what the fine is. This doesn’t even make sense.”
Trump’s Response to the Ruling
Trump himself has blasted the ruling as well. “A Crooked New York State Judge, working with a totally Corrupt Attorney General who ran on the basis of ‘I will get Trump,’ before knowing anything about me or my company, has just fined me $355 Million based on nothing other than having built a GREAT COMPANY,” Trump said regarding the ruling. He also described the judge’s decision as “a complete and total sham,” noting “there were No Victims, No Damages, No Complaints. Only satisfied Banks and Insurance Companies.”
The Former President’s lawyer Alina Habba indicated that they will appeal, describing the decision as “a manifest injustice—plain and simple and given the grave stakes, we trust that the Appellate Division will overturn this egregious verdict and end this relentless persecution against my clients.”
Political Climate around the Ruling
It was reported last month that this case is the first of its kind since there were no official victim or crime listed in the lawsuit due to banks being paid back loans, and nobody taking on losses in the deals. Many see it as yet another witch hunt against Trump launched in a liberal city with the goal of stopping him from being reelected later this year.
“It’s rare that any public figure defends Trump in any way, so we applaud O’Leary for having the guts to speak out”, said a spokesperson from CNN, commending the businessman’s bravery.
The ruling will likely only make Trump stronger, as it only makes it more obvious that he really is being targeted unfairly by the left.
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About the Author
An Ivy leaguer, proud conservative millennial, history lover, writer, and lifelong New Englander, James specializes in the intersection of the news, particularly politics and business. To read more articles, you can visit James’s profile here.
The ruling has sparked a tense political climate, igniting debates about the state of the courts and potential ramifications, not just for Donald Trump, but for the real estate industry and the political establishment at large. This is a story that will continue to develop over time, with the potential to fundamentally shape the course of history.
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