Former Obama fundraiser and longtime supporter of New York Attorney General Letitia James Don Peebles called the $464 million bond imposed on former President Donald Trump “so wrong” and predicts the decision will be overturned on appeal.
“I think she made a mistake. I think this whole case against Trump, it’s a victimless case. It should have never been brought,” Peebles, a Miami Beach real estate developer, to Fox News’s “Your World” host, Neil Cavuto on Thursday. “And had it not been him, it never would have been brought because they have never brought a case like this before against any other business or business person.”
“I think that is an example of why Trump continues to rise in the polls, because they are making him into a martyr,” he added.
(Video: Fox News)
According to Peebles, James “made a mistake” and New York is “rushing to inflict as much pain” on Trump and his campaign before the ruling is reversed.
“I have expressed concern that I think that this is a very slippery slope to selectively enforce an archaic law that has got no victim,” he told Cavuto.
“I think they are confident, or think it’s likely that this will get reversed, and then there will be no punishment,” Peebles explained, “so they are rushing to inflict as much pain on him as they can right now, because once the appeals court puts an end to this, then there will be no repercussions, this case would have been brought for naught”
The goal isn’t justice, Peebles said. It’s to “distract” Trump from the upcoming presidential election.
“To disrupt his business, disrupt him now, distract him from the campaign, that’s the tactic,” he stated. “That’s the goal. And that’s why I think this is so wrong. I think if they felt they had a legitimate issue here — there was a loss, if Deutsche Bank loss of $400 billion, then yes, bring it on, especially $400 million if the taxpayers had to suffer any consequences of that — but not this.”
Big Apple businesses and “rich guys” fear repercussions if they assist Trump in securing the bond, Peebles said.
“I think there is a hesitancy to speak out on this issue,” he said. “They don’t want to suffer the consequences or perceived consequences of doing that.”
This case, Peebles warned, “amplifies” the fact that “it’s very difficult to do business in New York.”
“And if you happen to be a successful, wealthy entrepreneur, watch out,” he said, “because the government can be used to weaponize you, especially if you get out of line and do something that the far left doesn’t like. They will not hesitate to use the legal system to disrupt your business or, worse, to put you in jail.”
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Melissa Fine is the former executive editor of Casino Player, Strictly Slots, and Poker
Digest magazines. She is a UCLA graduate, news junkie, and dedicated Stargate SG-
1 fan. Melissa currently lives with her dog and two cats in a tiny town in the Sierra
Nevada foothills.
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