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Hey ladies and gentlemen, this is Carmine Sabia for Explain America and Letitia James, you know
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the one who's hit Trump basically with a near half a billion dollar fine
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well at least her case led to it, she keeps getting more bad news. Before we get started
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please make sure you like, comment, share, and subscribe. Those little things really help us
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out and they help our channel continue to grow. So Letitia James has really done damage to the
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New York brand. It is going to be very hard to get businesses to want to invest in a state
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where this could happen to them, where there is a victimless quote-unquote crime and you can get
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hit with what a lot of people are calling cruel and unusual punishment. The Eighth Amendment says
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thou shall be no excessive fines. You're going to be very hard-pressed to say this is not an
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excessive fine. This is an insane fine for a victimless crime, again a victimless crime
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So, you know, one expert, and it's somebody I respect a great deal, he's talking about knowing
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business. This guy knows business. One expert said that this is an attack on America. He said
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the business community has been shaken to the core and he said this is going to drive business out of
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New York. Now this person is Shark Tank's Kevin O'Leary and this is a brand new interview. I want
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you guys to watch it and then tell me what you think when you like, comment, share, and subscribe
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I'm Carmine Sabia for Explain America. We love you guys. God bless you. Take care everybody
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More importantly, the message about the American brand. You think about America, the reason this
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is the number one economy on earth is that we have laws and we have due process and we have
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property rights. It attracts foreign capital from all around the world. All of that is being shaken
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to the core here. The concept of seizing assets in 30 days on a bond number that's never been
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issued, no insurance bond companies ever issued anything near this, so there was no chance it was
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going to happen. And only giving 30 days notice in time, that's a really bad message. And I think
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New Yorkers should think well past Trump, whether he's president or not, or whether this attorney
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general is gone in four years or not, it's irrelevant. This is case setting against the
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American brand. The most stable country on earth anywhere to put capital work over a long period
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of time, particularly in real estate, is the United States of America. This is an assault
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on what we believe to be core. And I find it extraordinary. I think it's very troubling. It
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has absolutely nothing to do with Donald Trump at this point, in my view. And it is completely
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bipartisan. This is an attack on America. And I don't know how you can look at it any other way
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And as an investor, and I know plenty of investors are completely disturbed by this
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but I mean no one is going to put any money to work in New York in these amounts until this
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thing settles down. The whole world is watching and everybody's waiting for one thing we haven't
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got yet. Adult supervision. Where is it? Where are the adults in this crazy narrative? Certainly
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there's got to be adult supervision at some point. And I understand, you know, the war going on here
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and all the political yada, yada, woof, woof, woof. But we need an adult in the room now
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This is the United States of America under siege
#Law & Government


