Alex Jones Just Cost Himself Everything

[UpInArms]

Last month, Jones was granted permission to sell his ranch, which is valued at $2.8 million, one large chunk of his approximate total $9 million in assets.

A unique detail of Jones’s case is that he can’t skirt payments by declaring bankruptcy. The judge who presided over Jones’s bankruptcy filing last year made his debt “non-dischargeable” through bankruptcy, meaning he has to continue paying the families until he has fully settled the $1.5 billion debt.

As a result, Jones will likely be “basically broke now for the rest of his life,” Harry Litman, a former U.S. attorney, told MSNBC at the time.

https://newrepublic.com/post/182432/alex-jones-sandy-hook-bankruptcy-broke

💃🏽💃🏽💃🏽

[TSExile]

1. From your lips, Harry...

🤞🤞🤞🤞🤞

[marble falls]

2. No doubt in my mind: he's got gold and bitcoin he thinks is safely hidden.

[padah513]

6. Yep. I'm sure he squirreled away a few nuts somewhere.

[kwijybo]

41. Panama, as I've heard.

Maybe even some in Switzerland or the Caymans.

[PlutosHeart]

45. One astrologist

sees him on an island somewhere. Hee! Fits your narrative.

[Maeve]

3. Couldn't happen to a more deserving vermin

[Happy Hoosier]

4. I wonder....

... if he has a plan up his sleeve. Have a very rich right wing nut (or organization), buy INFOWARS. They hire Jones for a nominal salary. They provide company owned housing and a company car. He lives off of in-kind "gifts."

Wonder what the courts would think of that?

[getagrip_already]

51. Not a whole lot they could do....

All they can attach is salary.

They can't touch company benefits like cars, travel, lodging, food, etc. Those are company expenses. Same for anything they put into a retirement plan or trust for him.

He can live quite well indeed on the expense account of a company bringing in $500m a year solely on his image and personality.

The court can get upset, but can't really do much without proof of a conspiracy.

Jmho of course.

[Dave Bowman]

5. Sad.

[LetMyPeopleVote]

7. This makes me smile

[A_Woman_from_MI]

8. Wow, that is so sad

Not really.

[PatSeg]

16. Truly heartbreaking

Maybe he can start a GoFundMe Page.

[BannonsLiver]

9. Sounds too good to be true.

[Jacson6]

10. In Texas they can't garnish wages according to Texas law.

They can place a levy on a bank account and a lien on his homestead which they will get when he sells or passes away. They can lay claim to any investment income he receives. This judgement will only last up to twenty years, so if he lives to 69 he will be free and clear.

[Orrex]

24. Wait, he's only 49?

He looks older than dried shit.

[3catwoman3]

36. I just turned 73. I can't believe I've never come across...

...this particular phrase before. It's perfect for this horrible person.

[4lbs]

53. I know. I'm in my 50s and I look several decades YOUNGER than that pusbucket.

People tell me that if weren't for my greyish hair, I would still look early 30s.

I have almost no wrinkles or worry lines. My hands are speckle-free and still look youngish.

I guess using Aloe Vera and "lotion" regularly really does help.

[Jacson6]

55. Rumor has it this will be his new home.

?20171024164458

From Wikimedia Commons, the free media repository
Creative Commons Image 2.0

I'm sure he will get a Ham Radio to broadcast his nonsense to an audience that can't hear him.

[Johnny2X2X]

11. HE gave money to friends and family and he stashed money

No way is he going to be broke. He'll just never own assets again. But he'll have a freined with a nice home he "let's Jones stay at for free." And he'll have "freinds' vacation homes" he also gets to use. And he'll hav very generous "friends" who loan him their luxury cars and let him use their airplane tickets to travel for "free."

[NJCher]

15. ya' think?

I know of situations where people tried that and it gets old to the "friends" real fast. These deals never last because what's in it for the "friend?"

To make something like this work, you have to provide "in kind" to the "friend" so that he/she gets something out of it. Nobody helps somebody live a luxury lifestyle for nothing. The very least is Jones pays double for his luxury lifestyle: one for the friend, one for himself.

[Attilatheblond]

22. Oh, little doubt his friend's largesse will involve some sort of covert work from Jones on the friends behalf

Propaganda meisters seem to be in demand by GOP hopefuls, and the very fat cats who employ, err, support them.

He will likely have many generous friends who will benefit from his obnoxious skill set and give him lots of comfy lifestyle perks in lieu of payment that can be taken by the courts to pay his debts to those parents.

[NJCher]

35. I was thinking about my post

And I would now edit it to say "if he could find a 'friend.'" I put it in quotes because people/sociopaths like trump and Alex Jones burn through people like wildfire.

No, he won't be living a luxury life because he is now swimming with his fellow sharks who don't know how to give, just like he doesn't know how to give.

As far as your last paragraph, I don't think so. This is a business (republicanism/marketing). It would be like Burger King helping McDonald's sell burgers. With no ideals, they are only in this for the money and for changing attitudes to make it easier for them to make money. To cut back on laws and penalties that prevent them from making money.

[Jacson6]

56. Well his Daddy, a dentist, bank rolled Alex Jones

Daddy gets a cut of everything as an investor. Alex didn't have any money so daddy provided everything, but got a good ROI. Daddy also created the Vitamin and "ED cures" supplements companies and got a cut of everything. The good news for daddy is that Alex Jones creditors can't touch him because of the corporate wall.

Of course, Alex Jones will have to live like a pauper for the rest of his life.

[malaise]

12. FAFO

Good

[Ping Tung]

13. It's sad, horrifying, tragic, painful, scary. Or more likely, none of that.

I'm sure that he has enough MAGAsuckers to take pity on him and send him some cash to keep him from starving.

[GiqueCee]

17. I wonder if anyone...

... in Jones' pit of depravity ever told him that his evil mind and his big mouth were going to get him in even BIGGER trouble one of these days. Well, those days are here, you fat fuck. Suffer.
I hope he has an aneurysm, but only AFTER he pays those poor people off, if he ever does.
As vile an excuse for a human being as he is, he didn't get that rich in a vacuum. Equally vile people watched him, listened to him, and sent him money. LOTS of money. And they're still out there. We'll never be completely rid of them, but you can bet they'll lie low for a while after seeing Jones financially drawn and quartered.

[TexasBushwhacker]

18. One of the oldest looking 49 year olds

I've ever seen. Hate does that to a person. I keep hoping his head will explode like the guy in Scanners.

[GiqueCee]

31. Christ, I'm 28 years older...

... than that evil little toad and I don't look like twenty miles of bad road. He gets apoplectic so easily that I think his head could explode if ya got him wound up tight enough. One can only hope.

[TexasBushwhacker]

40. Yeah, Andrew Breitbart dropped dead at 43 n/t

[GiqueCee]

48. and few mourned his passing. nt

[ShazzieB]

19. Broke for the rest of his life? GOOD.

I just hope that's true and that he doesn't have money stashed away somewhere, as some have suggested.

Reading the article, I was struck by this:

“All we’re trying to do is save America, and they’re fucking us over, over and over again,” he sobbed in an “emergency broadcast” on Saturday. “And it’s just so sick—it’s sick, it’s sick. I want to leave—because it’s going to be over, folks.”

Sick? I guess you'd know, wouldn't you?. After all, you wrote the book on "sick."

Like the way you claimed the Sandy Hook massacre was a "false flag" and dragged those parents' names through the mud "over and over again." Now THAT was sick.

Yeah, you're the poster kid for "sick," all right. Enjoy what's left of your assets while you still can, you sick fuck. They'll be gone soon enough, so "gather ye rosebuds while ye may."

I hope you never have 2 nickels to rub together for the rest of your miserable life. I also hope you never know what a good night's sleep is again. May all of your dreams be filled with the ghosts of murdered children shrieking and berating you for torturing their bereaved parents, until you wake up in a cold sweat, "over and over again." Every. Single. Night.

[smb]

34. My Reaction To Alex Jones Being Broke For The Rest Of His Life

[Scruffy1]

39. I think he's done.

When I was briefly working in radio for the last time around 2002 was when I first came across him. He was pretty much broke at the time and his sponsors were negligible. I don't think he made all that money by selling cheap videos either. I suspect the fascist billionaires subsidized him after Obama was elected. He is no longer useful to them and is just to tainted and exposed.

[getagrip_already]

52. Not for nuttin...

His web store sales last year alone were $150 M.

I don't think he is quite done.

Someone will hire him. His brand is very valuable.

[Demobrat]

21. Maybe the sobs were real.

[Evolve Dammit]

38. Nah. Just for show.

[kimbutgar]

23. Couldn't happen to a better person!

I hope he rots in his evil and in debt for his lies!

[jaxexpat]

25. And that, people, is justice.

[Hermit-The-Prog]

26. Jones needs to suffer as much as his vicious lies caused the Sandy Hook families to suffer.

[dchill]

27. It seems odd to me that he can still...

...only fake-cry!

[LittleGirl]

28. I usually

Have mercy for people going bankrupt, but NOT THAT GUY!

[BoRaGard]

29. MAGA repubes must pay for their sins & crimes

Need to learn some respect for America.

[Martin68]

30. Why is this solution so rare?

[Fudster]

32. Gove me a break

He still has 9 mil in assets?? And can still operate his hate machine show?? He'll never be broke.

[FakeNoose]

43. The article says Jones is selling his interest in Infowars, and his personal properties

If he's really worth $9 million how will he pay the restitution of $1.5 billion for the Sandy Hook families? Jones never made that much dough from advertisers on his podcast. He was getting handouts from RW one-per-centers, and now that's dried up to a trickle.

He's done.

[melm00se]

33. After spending a decade or so

chasing professional debtors, I have learned a few things.

The biggest is that they put as much of their assets in things that are exempt from execution.

Things like homestead exemptions in FL:

In a city or incorporated area, there is no cap on property value on primary residences of state residents as long as the footprint is no more than (I think) 1/2 acre; in unincorporated areas the footprint can be no more than 150(?) acres. Other than property taxes and mortgages used to purchase the property and a few other things, they are 100% absolutely untouchable and cannot be forced into a sale.

That is just one example, there are plenty of others.

Other dodges are:

Using gift cards that magically get refilled each month but never from the same place twice. Ditto for credit cards: pay for things but the bills are not in your name but a shell corporation whose bills are paid in full each month by other shell companies pulling monies from other shell corporations who access funds from overseas and they bounce around so that you can't get a lock on exactly where and from whom the money comes from.

All of this is set up using blind trusts thru intermediaries who have no direct link back to the debtor so the debtor can honestly answer on the asset subpoena that they have no money (because they don't). It was in this line of work I learned the adage:

There are things you know and there things you can prove. They aren't always the same thing.

The people who do this are experts at tying and retying gordian knots. If they get caught it's when they make a mistake or someone throws them under the bus.

We all like to think that governments and investigators are great (and some are) but the pros have people who are just as good, if not better and this is all that they do.

[Faux pas]

37. Yes please!

[Xolodno]

42. He'll be back, unfortunately. But we can enjoy the temporary respite.

He obviously has money stashed away in Cyprus, Cayman Islands, etc. And there are a number of countries where you can "buy" citizenship. So he can set up shop, call his new site Info Wars Plus or something and he's back. Just upset he's going to lose "most" of his prized assets here in the USA and keep only a minimum. Hell, he'll probably spin it how he was "robbed" for practicing free speech. He may be gone for awhile, but not for long.

Of course some will hem and haw about money laundering, hiding assets, etc. Most don't realize its easy to do, if you know how to do so. I should know, at my previous employer I was put in charge of a project to update our anti-money laundering operations. Did that, but its by no means full proof. The irony, if I needed to launder money or hide assets, I easily can.....I just don't have any money to do that....LOL!

[Dem2theMax]

44. I'm okay with that. More than okay.

I could happy dance!

[Sugarcoated]

46. Cool

He's filth

[Dark n Stormy Knight]

47. Couldn't have happened to a bigger POS.

As others have said, he surely has money hidden somewhere, but anything that makes his life more difficult is well earned.

[bluedigger]

49. I don't see the problem with that.

We'll finally have something in common other than our gender.

[flying_wahini]

50. He will just find a sugar Daddy to take care of him. Maybe Clarence has a few people in mind.

[keithbvadu2]

54. Jones - Scum who makes money off dead children.

[mwb970]

57. Waaaaah.

Poor little Alex got an owie.

[Mariana]

58. ...