Former President Donald Trump has been found guilty of fraud in New York and could be fined $355 million. Now he is warning the state that businesses will flee if the charges against him are not overturned.
But New York’s governor assured other businesses not to worry.
Former investment bankers Carol Ross and Glenn Beck have a different opinion.
“The implications of this are horrific for everyone in the business,” Ross told Glenn, noting that the incident itself was senseless. “There was no actual loss. The bank said they were not harmed and paid a hefty fee.”
“This has very worrying implications for all businesses,” she added. “If this were the norm, you could basically say that every business in the United States would need someone to go to jail and be assessed hundreds of millions of dollars, because this is what happens in every business. That’s why.”
“How much of an impact is this going to have on businesses that exist or are based in New York?” Glenn asks Ross.
Ross points out that people believe it won’t happen to them, but “we’ve seen some degree of exodus based on criminal taxes and other decisions.”
“So clearly, smart people are already starting to get out of New York or disconnect from New York,” she added, explaining that what’s happening is a “soft form of social credit.”
“If you go against the state, no matter what the narrative is,” she continues, “we’re going to find a way to punish you because you’re not in line with what we want, but it’s really It’s terrifying.” –
Want more information about Glenn Beck?
To enjoy more of Glenn’s masterful storytelling, thought-provoking analysis, and uncanny ability to make sense of chaos, visit Sign up for BlazeTV We are the largest multi-platform network of voices who love America, protect the Constitution and live the American Dream.
