President Trump and Elon Musk Receive Support From Unlikely Source…

It’s always good to see people stand up for the right thing and stand up for the rights of others—especially when it involves people who may not like each other very much.

Jeb Bush ran against former President Trump during the GOP primaries in 2016, and, at the time, the 45th President had some choice words for Jeb.

Former President Trump called Bush ‘low energy’ among other things and was less than kind to Jeb.

Now, we are seeing the former Trump rival come out in defense of the former President following the disastrous and unjust New York City ruling in a recent op-ed piece.

Journalist Kanekoa The Great shared some of Jeb Bush’s wise words:

“Every American has a right to be critical of Mr. Trump’s politics—one of us ran against him in 2016—or Mr. Musk’s public persona.

But equality before the law is precious, and these rulings represent a crisis not only for the soundness of our courts but for the business environment that has allowed the U.S. to prosper.

If these rulings stand, the damage could cascade through the economy, creating fear of arbitrary enforcement against entrepreneurs who seek public office or raise their voices as citizens in a way that politicians dislike.

In Delaware, Chancellor Kathleen McCormick of the Court of Chancery ordered the unwinding of five years of Mr. Musk’s incentive-based compensation at Tesla, which had been approved by 80% of the company’s shareholders.

The plaintiff, Richard Tornetta, held nine shares in 2018—worth about $200 then and $2,000 today, after the execution of the compensation plan that supposedly injured him.

Mr. Musk’s compensation plan awarded him stock bonuses tied to earnings and stock-value benchmarks, which many critics thought he could never meet. When he did, he received $56 billion, enriching shareholders like Mr. Tornetta along the way.

Judge McCormick has yet to say how she wants the pay package unwound, but Mr. Tornetta’s lawyers could petition her for a percentage of the $56 billion as a fee for having succeeded in their challenge.

Mr. Musk’s performance at Tesla enriched all shareholders, but Judge McCormick’s ruling may primarily enrich Delaware trial lawyers.

The unusual New York law Ms. James used to investigate and sue Mr. Trump didn’t require her to prove that he had intended to defraud anyone, or even that anyone lost money.

The Associated Press found that of the 12 cases brought under that law since its adoption in 1956 in which significant penalties were imposed, the case against Mr. Trump was the only instance without an alleged victim or financial loss.

Bankers from Deutsche Bank, which lent money to Mr. Trump, testified that they were satisfied with having done so, given they were paid back on time and with interest.

They also testified that they were uncertain whether the alleged exaggerations would have affected the terms of the loans to Mr. Trump—a key part of Ms. James’s case. Since there were no victims, the state will collect the damages.

New York and Delaware have played an outsize role in business in the U.S. Many major companies are incorporated in Delaware owing to the state’s body of corporate legal precedents; and a significant number of banks operate in New York, the world financial capital.

The appellate courts in those states now have a chance to review these dangerous judicial rulings and try to stop further damage to the reputations of their respective judiciaries.”

Jeb Bush is warning that the government's weaponization against Donald Trump and Elon Musk poses a grave threat to business and the rule of law in the United States of America.

That's how far these politicized prosecutors and activist judges have veered into hazardous territory.… pic.twitter.com/Rz5pmBzJGp

— KanekoaTheGreat (@KanekoaTheGreat) February 26, 2024

👀 From Jeb Bush:

“The U.S. is the business capital of the world in large part because of its robust constitutional system & impartial judiciary. But two unprecedented legal decisions against Donald Trump in NY & Elon Musk in DE call that into question.” https://t.co/BFDZmpGKWq

— Jason Miller (@JasonMiller) February 22, 2024

According to The Epoch Times:

Referencing the decision handed down by New York Judge Arthur Engoron this month against the former president, Mr. Bush wrote that New York Attorney General Letitia James used an “unusual New York law” to target President Trump that did not “require her to prove that he had intended to defraud anyone, or even that anyone lost money.”

And since there were no victims, he noted that “the state will collect the damages.

Editor-in-Chief of The Federalist Mollie Hemingway implored people to read Jeb Bush’s opinion piece first printed in The Wall Street Journal.

This op-ed by Jeb Bush and Joe Lonsdale about how Democrat lawfare against Donald Trump and Elon Musk might destroy the country is written in way too nice a manner, but still worth reading: https://t.co/HdfGRSwYul

— Mollie (@MZHemingway) February 23, 2024

They want to bankrupt Trump- even (late) Jeb Bush is against this! pic.twitter.com/pVzAwtHW3c

— Jack Straw (@JackStr42679640) February 23, 2024

Fox News provided the latest update on the New York City Ruling:

Trump attorneys had asked Engoron to delay enforcement of the payment by 30 days to allow time for an “orderly post-judgement process,” which was denied Thursday afternoon.