Mr. Wonderful Issues Dire Warning To New York (President Trump Responds)

Kevin O’Leary, known as Mr. Wonderful on Shark Tank, warned New York after Judge Engoron issued a $355 million fine to President Trump.

During a talk on Fox & Friends, Mr. Wonderful said, “New York was already a loser state, like California is a loser state.”

Watch the clip here:

Kevin O’Leary says “California is a loser state, New York is a mega-loser state.” Praises Oklahoma, North Dakota, West Virginia who all have Republican Governors pic.twitter.com/tYCNG7BIWj

— • ᗰISᑕᕼIᗴᖴ ™ • (@4Mischief) February 20, 2024

President Trump took to Truth Social to praise Kevin O’Leary:

The folks at Fox News share more here:

O’Leary told “Fox & Friends Weekend” to take the “Trump factor” out of the equation and look at the case as if it were any real estate developer with a marked presence in New York State.

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“Forget about the Trump factor,” he said. “It’s not about that. What does this say to everybody that wants to do work in New York and wants to risk capital? … this judge arbitrarily decide[d] that this is the right amount. I don’t understand it. No developer does.”

He added, “It’s an atrocity. It’s an embarrassment, but it’s an assault on real estate.”

O’Leary echoed his comments Monday on “Cavuto: Coast to Coast” on FOX Business.

‘New York was already a loser state, like California is a loser state. There are many losers states because of policy, high taxes on competitive regulation,’ he said. ‘I would never invest in New York now. And I’m not the only person saying that.’

O’Leary said very few business sectors create the amount of cash flow that real estate does. What Trump was found liable for doing, he argued, is not too different from the typical “haggling” that goes on between a prospective debtor and a bank.

“You go to a bank and you say, ‘Look, I want to borrow $200 million to build a building’. And they say, ‘What assets do you have that we can secure this loan against?’ And you point to a building you built before, and you haggle, and you argue about the value of that building.”

This is the direct consequence of radical leftist ideologies taking over large cities.

It is not sustainable. New York and California are far from the only states suffering from this.

🚨NEW: Shark Tank's Kevin O'Leary condemns AG Letitia James and Judge Arthur Engoron's corrupt and baseless ruling against Donald Trump.

🔥🔥🔥

"I would NEVER invest in New York now! And I'm not the only one saying that!"

"This $4 billion data center I'm talking about – not a… pic.twitter.com/jJ1JNYHbdS

— KanekoaTheGreat (@KanekoaTheGreat) February 19, 2024

Here is a backup of the video:

‘Shark Tank’ star Kevin O'Leary goes FULL BLAST on political persecution of Trump after NYC ruling, Drops BASED-PILLS on LIVE TV:

“New York was already a loser state, like California is a loser state…I would never invest in New York now and I’m not that only person saying… pic.twitter.com/58gHXGi86B

— Benny Johnson (@bennyjohnson) February 20, 2024

The Hill shares more on the story:

Fox Business anchor Neil Cavuto then asked O’Leary what he thinks about New York Gov. Kathy Hochul’s (D) attempted assurances to New York business owners, in which she told residents there was “nothing to worry about.”

“We’re very worried, every investor is worried because where is the victim? Who lost the money? This is some arbitrary decision a judge made,” O’Leary responded. “This policy … what does this say about the bar? About the legal bar in New York? Aren’t they going to question this judge? What is this?”

“I’m sorry her words fall on deaf ears to everybody,” he added. “There’s nothing she can say to justify this decision. 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.”

Kevin O’Leary touches on one of the most important parts of this bogus New York case.

Nobody was damaged.