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The A.M. Update

Punitive Punishment vs. Actual Corruption | Spirit of the Age Plays Mad Libs | 2/19/24

The A.M. Update

Aaron McIntire

News, Daily News, Politics

4.9833 Ratings

🗓️ 19 February 2024

⏱️ 14 minutes

🧾️ Download transcript

Summary

Trump punished punitively, and Biden's brother committed actual corruption. A case in Alabama could (hopefully) have nationwide reverberations. We learn what the country of Eritrea is, but not why its people are burning stuff in Netherlands and North Carolina. And what it sounds like when the spirit of the age plays Mad Libs.

Transcript

Click on a timestamp to play from that location

0:00.0

It's Monday, February 19th, 2024. Judicial tyranny versus actual corruption, a curious state

0:06.3

Supreme court ruling in Dixieland, and is the spirit of the age playing madlibs?

0:12.0

Next on the AM update.

0:30.8

Former President Donald Trump and his sons were ordered to pay $364 million over a lawsuit in New York State Supreme Court on Friday.

0:38.2

The civil lawsuit was filed by New York Attorney General Letitia James and claimed that Trump defrauded banks and other organizations by overestimating the value of his properties in order to secure favorable bank loans and other

0:43.2

benefits. New York State Supreme Court Judge Arthur Engren had previously ruled in September

0:48.1

that Trump had indeed committed fraud and on Friday he issued his ruling on the penalty.

0:52.8

He said in his ruling, quote,

0:58.0

there is overwhelming evidence from both the interested and non-interested witnesses corroborated by documentary evidence that Buck for being truthful in the supporting data

1:03.7

for valuations stopped with the Trump organization, not the accountants.

1:08.6

Ingren Senate has 91-page ruling the president's son, Eric Trump, is liable for the amount of $4 million, and that his other son, Donald Trump Jr., is liable for the same amount of $4 million.

1:19.4

The ruling also forbids Trump from serving as an officer or director of any New York corporation or legal entity in New York for a period of three years.

1:28.3

Trump's attorneys argued that the real estate valuations were very subjective and also claimed

1:32.8

there were no victims identified in the case.

1:35.9

Did Trump falsify records to inflate the valuations of his properties to secure

1:39.8

favorable bank loans and maybe even tax outcomes?

1:42.8

Maybe.

1:43.6

Actually, probably assuredly so.

1:45.8

But so does every other billionaire on the face of the planet. It doesn't mean it's the right

1:49.0

thing to do, but any law that's applied unevenly isn't much of a law at all. And that 300-some

1:54.2

million-dollar ruling is the definition of punitive. From judicial tyranny to actual corruption,

2:00.0

hears this from Politico yesterday. In 2017,

...

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