Giuliani Says He Regrets Nothing After Lawsuit Financially Ruins Him

**Go to to see through media bias and know where your news is coming from. Sign up through my link to get 40% OFF Vantagelevel subscription for unlimited access this month only.

An oddly defiant and arrogant Rudy Giuliani announced "I don't regret a damn thing" after a jury ordered him to pay $148 MILLION for the defamation of Ruby Freeman and Shaye Moss - two Georgia election workers that had their lives ruined by the attacks they received from the Right. Giuliani's arrogance is likely misplaced, as his financial troubles are getting worse and worse, even before he faces the massive defamation lawsuits that are still pending. Ring of Fire's Farron Cousins explains what's happening.

Check out our merch by visiting our store

Subscribe to our podcast

Become a member today!

Support us by becoming a monthly patron on Patreon, and help keep progressive media alive!

Spread the word! LIKE and SHARE this video or leave a comment to help direct attention to the stories that matter. And SUBSCRIBE to stay connected with Ring of Fire's video content!

Support Ring of Fire by subscribing to our YouTube channel

Be sociable! Follow us on:

*This transcript was generated by a third-party transcription software company, so please excuse any typos.

This past Friday, a jury returned a verdict against Rudy Giuliani saying that he has to pay $148 million between Ruby Freeman and Shay Moss, the two Georgia election workers that he, of course was found liable for defaming $148 million. So you would think maybe Rudy Giuliani's learned his lesson, right? I mean, we're talking about a guy who, according to reports over the last few months, is effectively strapped for cash. And this defamation lawsuit is really just the first at a long line of litigation that Giuliani is facing that could cost him millions and millions more than that verdict he got on Friday, right? He's got the, uh, uh, harassment lawsuit from his former employer, uh, employee, excuse me. He's got, uh, uh, the Smart Medic lawsuit, the Dominion Voting Systems lawsuit. He's still got his Georgia criminal trial. So Giuliani is looking at financial disaster and this ruling, uh, from the jury, the decision from the jury this last Friday, uh, effectively already ruins him financially.

But Giuliani has not learned a thing because after the verdict came down, he told reporters, I don't regret a thing. That's literally his exact quote. He says, I don't regret a thing. He then continued the absurdity of the number, underscores the absurdity of the entire proceedings. I'm quite confident when this case gets before a Fair Tribunal, it'll be reversed so quickly it'll make your head spin. There's a problem with that though, that a legal expert pointed out on M-S-N-B-C following the, uh, jury's decision in the state of Georgia. You can't just go and appeal a civil trial ruling because you're not happy with it. In order to do that, you have to put down what is called, uh, let me find the word here so I don't screw it up. Uh, an appeal bond. And what an appeal bond is, is it's a sum of money equal to or greater than the actual verdict against you.

So if Giuliani wants to appeal it, he has to put at least $148 million aside into this bond created by the court so that you know, upon appeal as he goes through that he can't declare bankruptcy, he can't move the money around so that the defendant or the plaintiffs do not get it. He has to set it aside. So if he wants to appeal it, he's gotta have cash on hand in a separate account waiting to pay Ruby Freeman and Shea Moss in case he loses on appeal as well. Now, there is another thing he is able to do, uh, that would require him to not have to put all of the money

Aside, and that is if he just appeals saying that the verdict against him was excessive. And we have seen, uh, even in some pretty solid defamation cases where the defamation was obvious and the jury was conclusive. Uh, the amounts due tend to come down upon appeal. Uh, by the way, that's not just defamation lawsuits, that's really a lot of civil lawsuits. The the amount finally paid ends up being far less. But even if that amount comes down, Giuliani is still looking at paying tens of millions of dollars to these two women for what he did, and by the way, their testimony was so intense that at least two members of the jury began crying while the plaintiffs were telling their story.