Kevin O’Leary says he’ll never invest in ‘loser state’ NY again amid Trump judge’s slimy moves

The unprecedented treatment of former President Donald J. Trump by a radical leftist judge isn’t going to be a selling point for doing business in New York going forward and investor Kevin O’Leary of “Shark Tank” says it’s a done deal when it comes to his money.

The obscene $355M + ruling by Manhattan Supreme Court Judge Arthur Engoron – a grandstanding Trump-hating activist in a black robe – sent shockwaves through the real estate and financial world and even though New York Governor Kathy Hochul insisted that the state is still friendly for business, the damage has been done and the ramifications could be long-lasting.

On Monday, O’Leary who is known as “Mr. Wonderful” on the popular reality television series, appeared on Fox Business where he discussed the grand finale of the scam fraud trial, telling host Neil Cavuto that he won’t be investing in the “loser state” which is likely a sentiment shared by many others who could soon flee the Dem-controlled state and its politicized courts.

(Video: Fox Business)

“I’m no different than any other investor, I’m shocked at this,” he told Cavuto. “I can’t even understand or fathom the decision at all. There’s no rationale for it.”

“And so, let me give you a real-time experience I’m having regarding this, and I’m not the only one,” he continued. “It doesn’t matter what the governor says, New York was already a loser state, like California’s a loser state. There are many loser states because of policy, high taxes, and uncompetitive regulation. It was already on the top of the list of being a loser state.”

“I would never invest in New York now,” he continued. “And I’m not the only person saying that,” giving an example of how businesses that are making significant investments into things like data centers will seek more stable environments in the red states.

“Those are winner states,” he said. “They don’t do things like this.”

“Do you think any foreign institution or any private equity firm or any pension fund would touch New York?” O’Leary asked. “NO! And that’s why New Yorkers should be concerned. The fine people of New York should ask themselves ‘Why are we such a loser state?'”

“I think that this is really an extraordinary, unusual circumstance that the law-abiding and rule-following New Yorkers who are business people have nothing to worry about, because they’re very different than Donald Trump and his behavior,” Hochul told host John Catsimatidis on WABC 770 AM’s “The Cats Roundtable” over the weekend.

“Her words fall on deaf ears to everybody, there’s nothing she can say to justify this decision,” O’Leary said. “And this has nothing to do with Trump. Nothing to do with Trump. Forget about Trump. This is not a Trump situation, this is a New York problem now.”

“The whole world is looking at this saying what are you doing to yourself?” Mr. Wonderful concluded.

There was also more slimy maneuvering from the dirty trickster Engoron as well.

According to constitutional law expert Jonathan Turley, Trump isn’t even allowed to appeal unless he deposits the entire amount plus interest into a court account, a staggering $455 million.

“The combination of the draconian fine and the threshold deposit for appeal has produced a shudder throughout the New York business community. The city is already experiencing an exodus of businesses and individuals from the top tax brackets. Rising crime, taxes, and eat-the-rich politics have made New York a hostile environment for businesses. At a time with rising costs from undocumented migrants, even Mayor Eric Adams is alarmed about the loss of his high earners,” Turley wrote in a New York Post column.

It’s a requirement that would seem to have some issues as far as the GOP frontrunner’s constitutional rights are concerned and another flashing red warning sign to businesses that need to carefully consider that it could just as easily be them in a completely lawless state.

Chris Donaldson


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