Kevin O’Leary Rips AG Letitia James: This Has Absolutely Nothing To Do with Trump, ‘This Is an Attack on America’

MCENANY: “Kevin, you know, you just heard Eric lay out a fire sale and that would essentially make former President Trump’s sell his assets at a reduced cost. And if he wins on the appeal, it’s easy to ask how that’s fair that he’s been engaged in this fire sale. But not only that, ‘Wall Street Journal’ editorial board says insurers may also fear Ms. James legal retribution. That’s highly problematic. And you’ve made this point many times, they say anyone who does business in New York ought to worry about how Ms. James could likewise, twist the screws on that.”
O’LEARY: “I don’t think it is the case about Trump at all anymore. I think people should be thinking about the policy being put in place here. The competitiveness of New York State versus other U.S. states, but more importantly, the message about the American brand. You think about America. The reason this is the number one economy on earth is that we have laws and we have due process. And we have property rights. It attracts foreign capital from all around the world. All of that is being shaken to the core here. The concept of seizing assets in 30 days on a bond number that’s never been issued, no insurance bond companies ever issued anything near this. So there was no chance he was going to happen. And only giving 30 days notice in time, that’s a really bad message. And I think New Yorkers should think well past Trump, whether he’s president or not, or whether this attorney general’s gone in four years or not, it’s irrelevant, this is case setting against the American brand. The most stable country on Earth, anywhere to put capital to work over a long period of time, particularly in real estate is the United States of America. This isn’t a — this is an assault on what we believe to be core. And I — I find it extraordinary. I think it’s very troubling. It has absolutely nothing to do with Donald Trump at this point, in my view, and it is completely bipartisan. This is an attack on America. And — and I don’t know how you can look at it any other way, and as a — as an investor, and I know plenty of investors who are completely disturbed by this. But I mean, no one is going to put any money to work in New York in these amounts until this thing settles down. The whole world is watching. And everybody’s waiting for one thing we haven’t got yet. Adult supervision. Where is it? Where are the adults in this crazy narrative? Certainly, there’s got to be adult supervision at some point and I understand, you know, the war going on here and all the political yada, yada, woof, woof, woof, but we need an adult in the room now. This is the United States of America under siege.”