In the last few years, there’s been a business exodus from blue states. As people fled south, so did the money, creating a boom in the southeast.
Now, the quest to destroy former President Donald Trump appears to be another massive self-inflicted wound.
New York Governor Kathy Hochul has not only taken to the airways but is telling anyone who will listen not to worry about the results of the Trump case.
Real estate moguls are getting nervous, especially after seeing the ridiculous assessment of Mar-a-Lago, which has Palm Beach, Florida realtors freaking out.
Hochul was asked if New York businesspeople should be worried about what just happened to the former President.
Radio host John Catsimatidis said businessmen may be worried because if “they can do that to the former president, they can do that to anybody.”
“I think that this is really an extraordinary, unusual circumstance that the law-abiding and rule-following New Yorkers who are business people have nothing to worry about, because they’re very different than Donald Trump and his behavior,” Hochul responded.
Unless you end up on the wrong side of a politician, now they have case law.
The New York governor tried to calm fears stat that “this judge determined that Donald Trump did not follow the rules. He was prosecuted and truly, the governor of the state of New York does not have a say in the size of a fine, and we want to make sure that we don’t have that level of interference.”
In other words, we had nothing to do with this.
In reality, Hochul is worried about the same segments that even some on MSNBC said they were worried about.
MSNBC host Katy Tur seemed to think the $354 million judgement against Trump went too far. The liberal host noted that there were no “injured parties” in the case. She added that in over 70 years nobody has been targeted like this.
“Is this fair, to go after Donald Trump like this in this environment?”
— Katy Turclock the looks on Susanne Craig and Lisa Rubin’s faces.
— scott poulson-bryant (@SPBPHD) February 16, 2024
Law professor Jonathan Turley commented that it would be easier to sell country estate during the French Revolution than it would be to draw new business to New York City of the ruling.
Gov. Hochul just assured businesses that there is “nothing to worry about” after the $355 million public execution of the Trump Corp. Drawing new businesses to the city is going to be about as easy as selling country estates during the French Revolution. https://t.co/W2sJ50xES0
— Jonathan Turley (@JonathanTurley) February 18, 2024
The Trump ruling isn’t the only thing that bothers them. Look what just happened to Elon Musk.
A liberal activist bought a share of Telsa stock, sued to contest Elon’s pay package, and got a liberal Delaware judge to take his income away.
Delaware laws made it incredibly inviting for companies. Almost 70% of Fortune 500 companies are incorporated there.
As a result of the ruling, Elon immediately reincorporated his SpaceX company to Texas and called for a shareholders meeting to move Tesla to Texas.
After the liberal Judge Kathleen McCormick voided Musk’s $55.8 billion compensation package, Musk wrote, “Never incorporate your company in the state of Delaware.”
Don’t think for a second that business leaders are keeping an eye on what’s going on, and they may not pull businesses from Delaware yet, but a whole lot less may not incorporate there in the future.
“I don’t see it getting serious traction,” Lawrence Hamermesh, professor emeritus at Widener University Delaware Law School, said of the call for companies to abandon Delaware. “He’s sort of a one-off.”
The left said the same thing when people started moving out of blue states like California and New York in 2020. How did that work out?
