Kevin O'Leary—a.k.a "Mr. Wonderful"—called the ruling by leftist New York Supreme Court judge Arthur Engoron an egregious "assault on the 11th sector of the S&P 500, which is real estate" during the Feb. 18 edition of Fox & Friends Weekend. Engoron fined Trump $355 million for allegedly inflating his assets and banned him from being an officer in any New York-based corporation for three years, despite "nobody" losing money, as The Wall Street Journal editorial board pointed out. O'Leary analyzed the whole event as an overexaggerated demonization of a common practice within the corporate world when real estate developers haggle with banks in order to get loans. "This is not about Trump anymore," O'Leary concluded. "If you're a developer and you see this happen in the state of New York, why would you take the risk to put up this much money and have a judge arbitrarily decide that you are in some form of breach of fraud when no damages occurred at all?" In O'Leary's view, "This is crazy!"

The Journal editorial board noted that what Engoron did smacked of "political overkill" and constituted the equivalent of launching "a Hellfire missile to annihilate a shoplifter. Deutsche Bank [which signed off on the loans for Trump's real estate] made money on the loans, and its valuation teams gave a 'haircut' to the numbers provided by Mr. Trump. There was no real financial victim." Effectively, The Journal analyzed, "This is choosing a target and then hunting for something to charge him with, which is an abuse of the law." Washington Examiner Chief Political Correspondent Byron York also noted in a post on X that "The banks relied on their own due diligence and priced loans from that, not Trump's statements." (Screengrab image: via Fox News)

O'Leary further noted that this politburo-styled prosecution has changed his perspective on what's the worst state in America to do business:

This is about the competition of states. I thought before this judgment that the number one loser state in America was California, which is basically putting itself out of business slowly and surely. But after this judgment, I'm going to make New York the number one loser state, followed by California, then Massachusetts, New Jersey, Michigan. These are places where taxes are not competitive.

O'Leary concluded that Engoron's ruling was eventually going to be overturned on appeal because "this is so damaging to business in New York" and "it makes no sense." Subscribe for free to Breaking Christian News here

To receive daily emails from Breaking Christian News to your inbox CLICK HERE

President Trump Shares Letter on Palm Sunday, from Franklin Graham Discussing Salvation

HSLDA Lawyer Warns This Bill Would Create a 'Surveillance State' for Homeschooling Families

Major Airports Return to Normal as TSA Workers Get Paid

GROTESQUE: Barack Obama's Orwellian Push for Virginia Redistricting Is Something to Behold

Not 'Leaderless': the 'No Kings' Protests Are Well-Funded by These Notorious Billionaires

Ilhan Omar's Connection to Genocide in Somaliland, and Fraud in the US; Will She Be Deported?

Prayer Alert: Nigerian Christians Massacred on Palm Sunday

Iran's Exiled Crown Prince Receives Standing Ovation at CPAC from Huge Iranian-American Audience [Watch Full Speech]

Campus Awakening Continues: Baptisms in Pickup Trucks, Physical Healings Reported in UniteUS College Revival at Pitt

Explosive Intel Report: Ukraine War Aid May Have Been Funneled to Biden Campaign, DNC

Indicted Democrat Rep. Found Guilty of More Than 2 Dozen Ethics Violations; Faces Possible Expulsion from Congress

Congress Requests Documents after Reports on California Hospice Fraud

Whistleblower Exposes Massive Election Fraud Ring in California; Claims Even Gangs Are Involved to Rig Petitions with Paid Homeless Signers [Video]

Ohio House Passes Indecent Exposure Modernization Act to Protect Children and Preserve Privacy, Despite Dem Opposition

WATCH Rubio Mic Drop: Epic Fury Is a Favor for the World. 'Step Up and Deal With It'

BEST OF THE BEST: ICE Officer Saves One-Year-Old Child's Life at JFK Airport

Senate Funds DHS without ICE or Border Patrol; Bill Now Heads to the House

'We Must Prepare for the Battle Ahead': Canada's House of Commons Passes Bill that Would Criminalize Quoting the Bible

Appeals Court Hands Trump Big Win on Detaining Illegal Immigrants

Transgender Illegal Alien Child-Rapist Gets 'Time Served' Sentence in Sanctuary NYC