Robert Kiyosaki, 'Rich Dad Poor Dad' Author, Condemns America As 'A Fascist State' — 'How Dare We Allow Our Court System To Persecute President Trump. My Friend And A Good Man'


Start generating passive income through real estate

Check out these featured investments from Benzinga's Real Estate Offerings Screener.


Loading...
Loading...

On Feb. 16, “Rich Dad Poor Dad” author Robert Kiyosaki posted strong views on X, stating that America has transitioned into a “Fascist state” and criticized the judicial system for what he perceives as the persecution of former President Donald Trump. Kiyosaki, whose friendship with Trump dates to their collaboration on a book in 2006, voiced his support by calling Trump “my friend and a good man.” 

"America has become a Fascist state. How dare we allow our court system to persecute President Trump. My friend and a good man," Kiyosaki posted

Don’t Miss:

This statement comes amid a backdrop of increased tension following a significant legal decision against Trump in New York City. On Feb. 19, Kiyosaki again took to X to commend “Truckers for Trump” for their refusal to deliver food to New York City. This action by the truckers is in direct response to the former president being fined $355 million in a civil fraud verdict. The boycott represents a significant protest against the verdict, with truckers choosing not to transport goods to or from New York City as a form of solidarity with Trump.

The truckers’ decision has sparked a conversation on the implications of such actions, with reports indicating that some truckers have informed their employers of their intentions to avoid New York City deliveries. The movement has gained traction on social media, with people within the trucking community speaking out and expressing their support for the boycott.

In addition to the truckers’ protest, businessman and TV personality Kevin O’Leary commented on the situation, suggesting that the civil case against Trump has implications beyond the former president. O’Leary’s remarks indicate a concern for New York’s economic and investment climate, suggesting that the state could become less attractive for business and investment, essentially becoming a “flyover” state that investors might choose to avoid.

Other prominent businessmen share the sentiment. Real estate investor Grant Cardone articulated his preference for Arizona over New York as an investment location, attributing his stance to business considerations rather than political ones. In a post on X, he explicitly directed his firm to “immediately discontinue ALL underwriting on New York City real estate.” Cardone explained that the risks outweigh the opportunities at this time. "Recent political decisions will continue to deteriorate price and benefit states that don't have these challenges. Focus on Texas & Florida,” he wrote. 

The $355 million fine against Trump has ignited a wide array of responses, from support and protest actions, such as the truckers’ boycott, to criticism of the verdict. People like Kiyosaki and other business leaders express concern over the implications for the business climate, highlighting a deep divide in perceptions of justice and economic decision-making. The situation underscores the complex interplay between legal outcomes and their broader impacts on society and the economy.

Read Next:

Loading...
Loading...

Start generating passive income through real estate

Check out these featured investments from Benzinga's Real Estate Offerings Screener.


Loading...
Loading...
Market News and Data brought to you by Benzinga APIs
Posted In: GeneralReal Estate Access
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...