Thursday, April 4, 2024

 this all looks to me like we live in a banana republic or the equivalent as we now experience legal process being used as a political weapon;


The Left Waging Political Lawfare

Nations are either based on the rule of law or the rules dictated by the powerful. The former is meant to restrain, or better said, eliminate the possibility of the latter. But, as we’ve witnessed with the relentless political persecution of former President Donald Trump and, lately, of Elon Musk, laws only work when they’re fairly applied and enforced.

Neither of those things are happening with President Trump or Mr. Musk. President Trump was found guilty of fraud by a left-wing judge who determined this without considering, or despite, mountains of evidence to the contrary. The New York Attorney General Letitia James accused President Trump of over-valuing his real estate to obtain loans.

Coincidentally, Ms. James ran for the office of attorney general in 2018 with the campaign pledge to go after Trump, showing clear political animus toward President Trump. What’s more, Judge Arthur Engoron has been accused by Rep. Elise Stefanik of New York of violating “political giving rules with financial contributions to Democrats as recently as 2018, and ignored a decision on the appropriate statute of limitations in the case,” according to NBC News. Ms. James prosecuted President Trump in a civil trial, which was by design; criminal court cases require a trial by jury and proof beyond a reasonable doubt.

Somehow, Deutsche Bank was “defrauded” by President Trump into lending him hundreds of millions of dollars on a property, the value of which the bank determined by their own analysis. Talk about shifty business dealings. Then, after a period of time, the former president had the audacity to sell the property at over $130 million profit and then pay the loan back, with interest.

Despite all of this exculpatory evidence that showed no fraud and no money loss or any other determinable damages, the judge refused to allow President Trump to give his closing argument in his own defense and found him guilty of fraud, fined him $354 million plus interest, and forced him to forfeit the profit he made on the deal with Deutsche Bank. President Trump was also ordered to pay $111,000 per day in interest. The financial penalty is excessive under the Eighth Amendment, which disallows “excessive fines,” which is the case because it doesn’t reflect the value of the “damages,” which are nil, nor the profits he made.

What’s more, President Trump is barred from doing business or getting loans in New York for three years, and two of his children are also barred from their executive roles in the Trump Organization for two years. All of this for paying back loans on properties that the bank made willingly, according to its own value assessments, and profited from.

Court Void Musk’s Payday

Meanwhile, a Delaware judge voided Elon Musk’s $56 billion Tesla payout. The judge arbitrarily determined that the record-breaking compensation granted by the Tesla board was an “unfathomable sum” and was “unfair” to shareholders. The payout was the result of a 10-year pay plan that the board agreed to with Mr. Musk back in 2018.

Mr. Musk is not only an entrepreneur extraordinaire, he’s also a fan of America and our constitutional right of free speech. He attracted the left’s wrath after acquiring Twitter (renamed X) and making it a bastion of free speech for conservatives who were formerly censored by Twitter and other social media outlets. In short, Mr. Musk single-handedly broke the stifling monopoly on speech and thought control the left had allegedly in close coordination with the federal government, prior to the acquisition...........more........

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