NYC Protest Begins🔥Truckers Block New York! INVESTORS Boycott NY & Warns NY AG Letitia James

Donald Trump claims to have the nearly

$500 million he needs to cover the bond

in his New York civil fraud case but

whether he will actually pay that by the

Monday deadline is still up in the air

we now have an update on former

president Trump's appeal against his New

York civil fraud verdict Donald Trump

took to truth social yesterday to slam

the massive Bond warning in quot in part

quote numerous businesses have ended

plans to relocate into New York because

of the fabricated Witch Hunt against me

they see what is going on and want no

part of it Kevin o joining us from South

Florida Kevin good morning to you thank

you so much you know we've been talking

about fairness and due process and stuff

like that the average person doesn't

understand the trial that he went

through where he was found liable for

half a billion dollars because people

don't understand valuations and stuff

like that dealing with banks how do you

explain it to people what happened so I

tell people this is no longer anything

to do with Donald Trump whatsoever uh

this is very concerning to what you

think of the as the American brand the

reason we're the number one economy on

Earth is we provide stability in

financial markets through transparency a

pellet systems in court guarantee of law

property rights and here is a a

situation which is getting focused all

around the world of a particular case

does not matter that it's Donald Trump

where an individual has had against an

infraction an unduly high penalty many

people feel that on a bipartisan basis

probably infringed on the eth amendment

has not been tested yet and that is

where the problem lies most of us that

are investors in financial services want

the process to continue and get an

appell at court involved here for a

second set of eyes the way I view this

and the way it's viewed internationally

is this was like dress up court with

kids running some kind of a Halloween

party with no adult supervision we need

the adults now we need the adults to

look at this uh New York needs to

restore its greatness but it's not it's

on a downward slide and I don't

understand why the governor and why a

judge would make this decision uh you

know New York uh Troopers you know going

into Trump uh Tower the protesters have

been uh they've been dispersed by the

police the police are here they are

making sure that the trucks can gain

entry and also leave they started

blocking the roads preventing delivery

trucks from entering to pick up for

delivery around 1:00 this morning New

York City's shut down and the road to

economic recovery has been Rocky on the

left Time Square is deserted experts say

larger denser urban areas that rely on

office and Tech workers continue to

struggle so we zoomed in on Lower

Manhattan I don't want to come back it's

sad to see that a lot of the shops have

closed um it looks a lot different than

it used to but the Washington Post

claims bankruptcy might be the way out

meanwhile Donald Trump took to truth

social yesterday to slam the massive

Bond warning in quote in part quote

numerous businesses have ended plans to

relocate into New York because of the

fabricated Witch Hunt against me they

see what is going on and want no part of

it they're nashing their teeth Tish

James at seizing properties and people

in the Press are applauding they're

giggling this is

bloodthirsty okay now you're talking

you're right this is hurting the

American brand what's going on in New

York is it has nothing to do with Trump

that case is over what's going on now is

concerning financial markets all around

the world because in the United States

and everybody what I don't care what

color you are red or blue or independent

doesn't matter we are the Bastion of

safety when it comes to investing large

pools of capital that's what America

represents we have property rights we

have an appell system we have law people

trust and we give you good returns with

the least amount of resistance and

what's happening in New York is tainting

the American brand I mean seizing assets

after 22 days in a bankruptcy court you

get years to resolve this this is not a

good look on New York it doesn't matter

that's trump it could be anybody I think

that's very bad for the American brand

and I also would argue that you think

about if this is going to help New

Yorkers they should be asking for better

management I'm very disturbed and the

way I look at it and I speak to many

institutional Capital fronts including

Sovereign wealth cuz I'm trying to buy

Tik Tok right now so I'm running all

around the world trying to raise 3040

billion do and they all ask me the same

thing we're watching this New York thing

play out it looks to everybody like it

was some dress up court day when the

parents were out and everybody got

dressed up in in robes and had fun

acting out some court trial when are the

adults coming back into this there are

no adults yet Kevin o well he is

slamming New York attorney general the

Tia James and her lawsuit against Donald

Trump watch this should think well past

Trump whether he's president or not or

whether this attorney general is gone in

four years or not it's irrelevant this

is case setting against the American

brand this is an attack on America and

and I don't know how you can look at it

any other way we need an adult in the

room now this is the United States of

America under siege Congressman Russell

fry republican from South Carolina joins

me now Congressman do you go that far is

America under

siege oh I think absolutely it is you

look you look at New York New York is

the poster child for bad governance I

mean Leticia James got elected to go

after Trump not to enforce the rules on

criminals on the streets or in the

Subways of New York but to go after

Donald Trump that's what she's done and

here you've got no agreed party you've

got no money that's been lost under this

alleged fraud scheme but she is acting

like the country of Venezuela in

pursuing it and it is no wonder that

people are fleeing New York in record

numbers businesses are leaving and

they're coming to the sunny shores of

South Carolina she is the poster child

for why people are fleeing these states

uh I may have got my Constitution wrong

but as I understand it the Eighth

Amendment says no cruel or unusual

punishment and no large fines or outrage

excessive fines I would think that the

$454 million is an excessive fine making

it unconstitutional what say you

I think I think you're exactly right and

I think uh you know hopefully with the

appell it process the courts see reason

here uh where the New York courts have

thus far not done that uh you take a

case and again there is no grieved party

nobody was wrong nobody was harmed in

any Financial way and the jury Awards

this ridiculous verdict um and at the

end they can't it's so large that they

can't even get a bond uh to secure it

and so it is unconscionable that we're

even here but I think the eth amendment

is certainly in play AG Bailey has a

fellow AG how blatantly and absolutely

wrong are these actions by Laticia

James this is a gross miscarriage of

Justice remember this was a fraud trial

the only fraud here is that AG Leticia

James is masquerading as a competent

attorney look at some of her pleadings

there's no reference to case law and why

is that it's because there's no legal

Authority for what she's doing let's

remember this was a civil fraud trial

where the claim was that Banks gave

loans to president Trump based on

misrepresentation and yet Leticia James

isn't going after those banks for

failing to do their due diligence uh

when providing those loans the only

reason they provided those loans in fact

was because president Trump is a

brilliant businessman who was enormously

successful and made tons of money for

these Banks and every other investor and

Leticia James hates that she hates his

success and so she's weaponized the

justice system against him and it's it's

terrible for all Americans it's a it

undermines due process and undermines

the rule of law let's face it she

campaigned on going after Trump she's

going after Trump all while real crime

is running rampant in New York state so

what arguments do you make in support of

trump in your filings with the court and

what arguments should Trump make to

prevent what amounts to a stealing of

his life's work from

happening well that's exactly what's

going on this is just a theft by the

state of New York at the at Leticia

James direction of property owned by the

president and remember this is property

that he obtained legitimately through

his business Acumen but I think it's

important to remember that the appeal

bond is intended to prevent a losing

party in a lawsuit from taking their

money and fleeing and yet the assets

she's trying to seize here are immovable

those assets will be there after the

appeal is completed so there's no need

to race through this process of seizing

property but also I would point out that

the whole purpose of a bond and the

whole P purpose of a judgment at the end

of a Civil Trial is to make a party

whole well when you have no victim

because everybody who did business with

president president Trump as part of

these transactions made money there's no

one to make H so again there's no need

there's no legal justification to seize

this property also on the fleeing

argument the job that Trump's going for

is in Washington DC kind of TR tough to

flee the country and be president so

that completely blows that line of

thinking out of the water if I'm sitting

here watching this I know Trump's a a

lightning rod for controversy but I'm

wondering what can happen to me so can

our legal system survive if targeted

prosecution and enforcement like this is

allowed to

stand no this kind of Witch Hunt against

President Trump is really just the tip

of the iceberg and I would warn all

anyone doing business in the state of

New York I would invite president Trump

to move to Missouri we're open for

business we'd love to have him here and

folks that are doing business in New

York need to be advised that the

Attorney General of New York will

weaponize the justice system and contri

facts and law in order to take them down

if they don't ascribe to her ideological

bent there also the notion of what is

latia James know about running a golf

course I haven't looked at the names on

the lockers at Trump Westchester I can

tell you not a lot of people are going

to be too primed for Club Pro Leticia

James they're probably going to cancel

their membership attorney general

Leticia James could move swiftly on

former president Trump's bank accounts

and real estate if the former president

doesn't put up that massive $454 million

or get a bond for the Civil fraud

judgment James won against him Trump's

30-day deadline to post a bond or

deposit to block James from collecting

his assets while he appeals uh the

verdict arrives on Monday now if the New

York AG gets her way Trump could lose

his world famous Trump Tower or she

could pick any of these look at all of

them yeah including maral Lago anything

International any of his golf clubs she

could choose to pick whatever she wants

yeah that's right uh breaking news today

on this potentially she is looking at

properties up in Westchester here but

joining us now to discuss attorney and

former Georgia Congressman Doug Collins

plus former senior adviser and SBA

advocate for the Trump White House Bruce

level gentlemen thanks for coming on

Bruce we're going to start with you here

uh just your thoughts on will Laticia

James actually begin to seize his

property now I know her her team has

kind of put out statement she doesn't

want to see a fire cell but boy if you

go on her actions leading up to this

point it seems like she really wants to

bankrupt go after the former president

here what say you well I'm heing in

Georgia and I have to say reminds me

kind of like what happened similar in

2008 when uh we've had the banks that

failed in some of these uh institutions

weaponized uh the taxpayers money to

call loans Etc I think brother Doug

knows a lot about that what happened in

Georgia but listen it's just like what

Kevin oy said on CNBC and many

courageous other business people you had

a bank that testified that were made

whole and said hey we're good

everything's fine what's going on and

and and the fact that there were those

disclaimers in that contract and they're

totally ignoring that and ladies and

gentlemen once again if you know this

could happen to any of us right and this

is a total miscarriage of Justice on

President Trump and this could be like

Kevin o said on Shark Tank he's like

look what does this say to other

business people and business people

you're watching in New York City yeah

you're right don't challenge the system

or we might come after you what that's

exactly big big red flag here uh Doug

want to get to this uh a Donald Trump

joint fundraising committee sent out a

message saying quote keep your filthy

hands off of Trump Tower before going on

to ask for donations from 1 million of

his supporters to keep the former

president from potentially losing his

New York properties to quote insane

radical Democrat AG Leticia James

unquote also Doug I want to bring in

your legal expertise here wouldn't the

Eighth Amendment be able to protect the

former president for something like this

he's cruel and usual extreme bail

require or Bond

requirements well I mean yes it could I

guess if you had a court it would

determine this would be extreme but

again you got to get to that Court uh

case to do it on the appell it side of

this and and bring up that issue as a as

a problem uh again that's a whole

different legal action is composed to

what is actually happening here in this

case um in reality what they're doing

again is Leticia James is is furthering

the calls that this is uh is basically

as Bruce alluded to this is an attack on

Donald Trump it was that's all it is and

now she's just continuing to make the

case that it is about getting Donald

Trump it's not about justice justice is

about getting something writing a wrong

there was no wrong here and Donald Trump

is being uh prosecuted for it because

she said she would so you you know the

first question you ask is are is she

probably going to go after assets yes

the qu answer would be yes she's going

to go after these assets because it

fulfills her plan so the the president

former president is in a position right

now to where he has to either find that

bond which is almost too excessive

because nobody can underwrite those uh

those kind of bonds so we'll just see

how it goes from here but it is it's a

it's a uh it's a pretty tense time right

now for the Trump campaign yeah Donald

Trump claims to have the nearly $500

million he needs to cover the bond in

his New York civil fraud case but

whether he will actually pay that by the

Monday deadline is still up in the air

there's a difference between having 500

million in cash and being able to Fork

over all that cash for this Bond more on

that in a second something else happened

today as well Trump's company truth

social is about to go public after a

merger deal was agreed on his shares

will be worth about $3 billion however

that money may not be that easy to

access either just days after Donald

Trump's attorneys filed court documents

claiming it was a practical

impossibility for him to secure funding

for the nearly 500 million doll bond

that he owes following his loss in the

Civil fraud case the former president

took to truth social I currently have

almost $500 million in cash he wrote

this morning the fact that he has the

cash doesn't mean that he can put it all

up to satisfy the bond he needs cash to

run his business to pay payroll and

things like that see Trump must pay that

bond by Monday or else he runs the risk

of Attorney General Leticia James

seizing his property and she's already

filed paperwork in Westchester County to

begin the process of seizing Trump's

golf course and private estate at Seven

Springs the reason is that it's less

dramatic right Chris to go in to um the

golf course uh than it is to go into

Trump Tower I think Trump would actually

like the Optics politically um of uh you

know New York uh Troopers you know going

into Trump uh Tower but Trump's truth

social post this morning came around the

same time we learned that truth social

would soon become a publicly traded

company Trump will own a dominant stake

in the company and his shares could be

worth an estimated $3

billion however accessing those funds

before six months time would not be

possible due to what's called a Lockup

in the deal a lockup is where there are

restrictions on the ability to transfer

or pledge the shares or otherwise

dispose of them except in very limited

circumstances Charles Whitehead is a law

professor at Cornell specializing in

corporate and securities if he were to

now try to amend the lockup to be able

to walk away that would be pretty

deceptive now truth social actually has

lost about 39% of its active users

year-over-year and there are experts out

there today who believe the market is

drastically overvaluing this IPO calling

the stock price a bubble