It is clear that Jones and his relatives have moved money and assets around in order to shield them from the verdict. Now, money that should have been already given to the victims is being used to steal back the megaphone that caused harmed in the first place. The end effect will probably be even more subscribers and money for Jones which he will use with even less restraint since he knows there are no consequences.…
Bankruptcy judge rejects sale of Infowars to The Onion
391–400 of 1001 posts
Re: Bankruptcy judge rejects sale of Infowars to The Onion
#392Earlier quoted context omitted.
Taking the man's source of income is absolutely a way to get paid. He can work a day job like anyone else.
No, it's not. He will not be paying that. He might have paid a smaller yet still large amount, but he's certainly not going to work in McDonalds to pay off $1 billion dollars. He has the same legal rights as anyone else to not be a debt slave.
Re: Bankruptcy judge rejects sale of Infowars to The Onion
#393Earlier quoted context omitted.
He wasn't fined. He had a judgement for damages against him. They are different things with a similar outcome (he's out a billion dollars) - accuracy is important. Also - until he actually pays any of that billion dollars, there have been no consequences.
Additionally, it's important to highlight that he refused to properly comply with the legal process - so it was a default judgement. This is essentially unheard of due to how unwise it is.
His lawyer already stated “Finally, a judge followed the law.”.
Re: Bankruptcy judge rejects sale of Infowars to The Onion
#394It is clear that Jones and his relatives have moved money and assets around in order to shield them from the verdict. Now, money that should have been already given to the victims is being used to steal back the megaphone that caused harmed in the first place. The end effect will probably be even more subscribers and money for Jones which he will use with even less restraint since he knows there are no consequences.…
This is basically going to be the United States for the immediate future, if you're connected to the right people.
Downvote all you want, but we see it with our own eyes.
Re: Bankruptcy judge rejects sale of Infowars to The Onion
#395Earlier quoted context omitted.
Bankruptcy runs by different rules than foreclosures (which is why people about to be foreclosed on often file bankruptcy). Specifically, junior creditors are protected, and everyone gets a proportionate share of the proceeds. In a foreclosure, the senior lienholder usually gets the property and the junior lienholders either get nothing or get what’s left over after the senior creditor gets whatever they were owed. I…
Bankruptcy is something that happens to the borrower. Foreclosure is something that happens to the property.
Re: Bankruptcy judge rejects sale of Infowars to The Onion
#396Earlier quoted context omitted.
How about in a case where libel was relentlessly thrown at families over the course of years, on one of the internets largest and most engaged audiences, leading to harassment, threats, and assault? What should the judgment be for that?
Not a billion dollars anyway. But 500k per person maybe, if it really heinous?
Re: Bankruptcy judge rejects sale of Infowars to The Onion
#397Earlier quoted context omitted.
Will hold judgement until I read the judge’s opinion, but this bit: “‘It seemed doomed almost from the moment they decided to go to a sealed bid,’ Judge Lopez said.” is nonsense from an auction theoretical perspective. First-price sealed-bid auctions are a vetted auction system [1]—almost all real estate and corporate mergers, for example, are sold like this, as are government tenders [2]. (They’re not as efficient a…
Like other commenters, you have posited a theoretical framework for how a bankruptcy court theoretically should work. None of this is how bankruptcy court actually works.
Literally started by saying I'm holding judgement until reading the opinion.
My point is simply that if the reason the judge raised for re-starting the process is solely around the bids being sealed, they're wrong in a provable way.
Re: Bankruptcy judge rejects sale of Infowars to The Onion
#398Earlier quoted context omitted.
>Incitement to credible threats of violence Incitement means means explicitly encouraging. Just because someone people made threats of violence to the families because they believed what Alex Jones said about the shootings, doesn't mean that saying "The shootings were faked" is incitement. If Jones had explicitly said "the families deserve to suffer violent consequences for helping fake the shootings", that would be…
Watch the Behind the Bastards podcast on Alex Jones or read some of the testimony from his various cases. The amount of evidence burying him is incontrovertible. His actions before during and after are incontrovertible. There’s a reason even the right wing hardliners abandoned this guy.
More to the point he has Roger Stone and Steve Bannon on the show constantly, who in turn have direct access to Trump.
Alex is firmly within the mainstream of the right wing.
Re: Bankruptcy judge rejects sale of Infowars to The Onion
#399Earlier quoted context omitted.
He can't pay his debts. What alternative to bankruptcy do you propose?
Some societies in the past would suggest indentured servitude. In this case, I'd find it rather amusing.
Re: Bankruptcy judge rejects sale of Infowars to The Onion
#400I really don't understand how a judgement this large can be reasonable in a case where nobody has had his house burned down. A billion dollars is ten billion crowns, that's 10 000 million crowns, or around 5 000 apartments. I don't understand how 5 000 apartments can be a judgement handed out to an individual over something he says. It doesn't really matter what he says, when it's this kind of huge amounts. One can't…
How about in a case where libel was relentlessly thrown at families over the course of years, on one of the internets largest and most engaged audiences, leading to harassment, threats, and assault? What should the judgment be for that?