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It seems like the push finally came to shove for Alex Jones, as he will have to liquidate pretty much almost everything he has to pay the $1.5 billion dollar settlement after the Sandy Hook defamation lawsuit went the plaintiffs way. Via AssociatedPress:
Considering $9 million is more than 100 times less than what he owes, I don't see any other way for this to end in his completely left in the dust, with no business media, no career in journalism (at least as a self-owned publication, though I doubt anyone wants to hire him, and I don't think him having a Rumble channel with no structure to back him is going to bring him that much money). His only hope involves a Hail Mary crowfunding moneybomb from his supporters and people annoyed by the veredict a la Trump, but even if he raises as much as Trump, he's still owing hundreds of millions left, and I doubt he could even reach that point; not only we're talking about somebody not as popular, but the specifics of the case do touch sensitive spots (nobody likes someone stating falsehoods about dead children)
Comment from ZeroHedge:
Two things that come to my mind:
First, from what I understand, the final payment number came from Alex Jones not being willing to disclose his net worth, which allowed to the plaintiffs to imagine an infinite net worth if they wanted to. But once the books are finally displayed, does that make sense? And even if he hadn't, why isn't the level of damage caused to the plaintiffs part of equation to lower the number? Isn't this institutionalized debt slavery as punishment for what is at the end of the day an civil case? Don't get me wrong, as a libertarian I certainly don't oppose debt slavery for a sort of tort system where crimes are punished with payments; but it has to be equivalent to the crime and the criminal's means; $1.5 billion would be too much of a punishment for Adam Lanza, the actual sicko who murdered the children in Sandy Hook, let alone for the guy who espoused things that weren't true about the shooting. Is he even going to able to ever pay for it entirely?
Secondly, isn't this simply a completely disproportionate answer to Jones sins? Yes, he went on for too long with this charade and should had never started it in the first place, not to mention that his claims didn't went against the NWO or the globalist elites that he despises, but against parents of dead children, claiming that the most emotionally painful thing that had ever befallen them was something they were lying about on TV. However, is he responsible at all for the fact that his followers went too far and harassed those people? Are CNN or MSNBC liable for defamation since they broadcasted Jones making those same claims? Do we know that if the people that harassed the victims parents actually got their information directly from Jones himself?
It seems to me that defamation law is a two edged sword...a society that doesn't have it allows misinformation to be used to harm people, but a society that doesn't have it on a tight leash allows to weaponize claims of misinformation with far worse repercussions.
I have only kind of paid attention to this case so I will not claim deep legal knowledge here, but I suspect this case is, like so many others, one in which the deep legal details matter, and are mostly ignored by partisans in favor of "He's being punished by the Elites for offending the NWO" or "He's an evil monster who mocked dead children."
A number like $1.5 billion is basically saying "We're taking everything you have (except your home)." Is that a fair judgment? Eh. I don't feel sorry for him, and not just because he's a crank.
My understanding is that the huge judgment was not so much because he claimed Sandy Hook was a hoax and told parents their children didn't really die (vile and obnoxious and possibly cause for a defamation suit, but not $1.5 billion), but because of all those followers of his who harassed and threatened the parents for years. So as to whether he is responsible at all: having some crazy followers who do things without your knowledge or instigation is one thing, but if you keep beating the "crisis actor" drums for years, until you know darn well what your followers are doing to those parents, then at some point yeah, I think you become responsible for continuing to egg them on. That and his legal fuckery with the court makes me think he FAAFO.
I haven't followed this case at all closely, but my impression was that he didn't comply with his discovery obligations and so the court said that the worst possible inference should be drawn from his lack of disclosure, and that's why the judgement was so astronomical?
That was two of the cases.
Sort of. The default judgments meant he had to be treated as if he’d “admitted all allegations.” Then juries went wild.
It still only covers about $50M of his debts.
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