XPost: nyc.politics, alt.politics.trump, alt.politics.economics   
   XPost: alt.fan.rush-limbaugh   
   From: remailer@domain.invalid   
      
   West Virginia, Florida and North Dakota are 'winner states' for   
   business; California, New York and New Jersey are 'losers' O'Leary   
   says   
      
   O'Leary Ventures chief and "Shark Tank's" "Mr. Wonderful" Kevin   
   O'Leary warned real estate investors against developing in New York   
   following a state judge's ruling that former President Trump must   
   pay $355 million in punitive damages in his civil fraud case.   
      
   O'Leary told "Fox & Friends Weekend" to take the "Trump factor" out   
   of the equation and look at the case as if it were any real estate   
   developer with a marked presence in New York State.   
      
   "Forget about the Trump factor," he said. "It's not about that. What   
   does this say to everybody that wants to do work in New York and   
   wants to risk capital? … this judge arbitrarily decide[d] that this   
   is the right amount. I don't understand it. No developer does."   
      
   TRUMP'S PENALTY CASE COULD CAUSE BIZ EXODUS FROM ‘LEGAL BANANA   
   REPUBLIC’ NEW YORK   
      
   He added, "It's an atrocity. It's an embarrassment, but it's an   
   assault on real estate."   
      
      
   'New York was already a loser state, like California is a loser   
   state. There are many loser states because of policy, high taxes on   
   competitive regulation,' he said. 'I would never invest in New York   
   now. And I'm not the only person saying that.'   
      
   O'Leary said very few business sectors create the amount of cash   
   flow that real estate does. What Trump was found liable for doing,   
   he argued, is not too different from the typical "haggling" that   
   goes on between a prospective debtor and a bank.   
      
   "You go to a bank and you say, 'Look, I want to borrow $200 million   
   to build a building’. And they say, ‘What assets do you have that we   
   can secure this loan against?’ And you point to a building you built   
   before, and you haggle, and you argue about the value of that   
   building."   
      
   With New York appearing to categorize some instances of that process   
   as potentially fraudulent, O'Leary said New York has supplanted   
   California as the top name on his list of "loser states" for   
   business.   
      
   https://www.foxnews.com/media/trump-fraud-ruling-reveals-new-york-   
   assault-real-estate-move-your-business-out   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)