Two plaintiffs Robbie Parker A, defamation slash slander damages past and future, $60 million. >> Speaker 2: Yeah. >> Speaker 1: B, emotional distress damages past and future, $60 million Parker and against Alex Jones and [00:00:18] precede system line A and line B total $120,000,000. >> Speaker 2: Yeah. >> Speaker 1: Initial by juror number one. To plaintiffs David Wheeler and against Alex Jones and Free Speech Systems and line A and Line B $55 million. [00:00:35] >> Speaker 3: Yeah. >> Speaker 1: Initialed by Jorwat >> Speaker 3: Never said their name, don't know who they are 57 million, 20 million, 50 million, 80 million, 100 million. You get a million, you get 100 million, you got a 50 million, do these people actually do they're getting money. [00:00:52] >> Speaker 4: So that's of course, Alex Jones and a little flashback to his pretending to be excited. That he was going to owe so much money to the families of the victims of the Sandy Hook shooting that he spent years of his life. Demonizing and conspiracy, theorizing about and inspiring harassment and [00:01:08] having them run out of their homes. And all the while, he was making huge sums of money off of doing that and generating a following amongst some of the worst people in the country. And yeah, finally, we had this case that he lost, and [00:01:24] he was going to owe a ton of money, $1.5 billion. The issue is that he has spent every minute between that and now, despite how happy he was to see the verdict, fighting to not have to pay the families literally a cent. And there's a new settlement being proposed that would require him to [00:01:43] almost only pay cents. Actually cents on the dollar, $85 million over the course of a decade, rather than the $1.5 billion that supposedly he should owe right now. So why would this be the proposed settlement from the families? [00:01:58] Well, because they've been put in this horrible situation where they've been led to believe they'll get nothing. Lawyers for the family said they believe the proposal was a viable way to help resolve the bankruptcy reorganization cases of Jones and his company, Free Speech Systems. Basically, he's tried reorganizing the nature of his company and [00:02:17] where the money is, all this tomfoolery and trickery to try to hide the sources of money and all that. But anyway, the attorneys accuse him of failing to curb his personal spending, which we will break down and extravagant lifestyle. [00:02:32] Failing to preserve the value of his holdings, refusing to sell assets and failing to produce certain financial documents. And so they've offered him two options either liquidate his estate and give the proceeds to creditors. Which it would seem, if you owe $1.5 billion, you would have to do, but [00:02:47] apparently he doesn't. Or pay them at least $8.5 million a year for ten years, plus 50% of any income over $9 million per year. The basic idea being that he has to pay a very tiny fraction of what he owes. And if he makes more than $9 million off a year [00:03:03] off of his media company from spreading more hate and insanity then he would have to pay only half of that at that point. Kind of a tax on him, weaponizing and monetizing hate, so we don't know if that's going to work. Apparently his lawyers are saying that it's too high and [00:03:19] unrealistic that he would be expected to be able to pay that. We're going to debate whether that's an accurate assessment of his financial situation. But Adrian, you're the actual lawyer, whereas I just watch suits, so what do you make of this proposed settlement and [00:03:35] the way that he has avoided having to pay what he owes? >> Speaker 2: The way in which Alex Jones has navigated this judgment or dodged it is really somewhat of an know. The fact that he had tried to claim he didn't have certain assets, reorganize his [00:03:50] company, even destroy his company, throw it into bankruptcy, all of these things. It really shows that this man is he's a criminal in his own right, just by virtue of the fact that he is unwilling to acknowledge. When he has engaged in these disinformation, misinformation campaigns, [00:04:06] potentially hurting people and defaming people. And then refusing to accept any kind of accountability for it. And I think that this proposed settlement is sufficient in some way for the amount of money that he owes these individuals. But the fact that he is still pushing back, he will push back until he pays $0. [00:04:25] Instead opting to pay legal fees because he does not want to be held accountable, It's gross. >> Speaker 4: Yeah, so much about this is gross, everything leading up to the verdict and the way that he's avoided having to pay it. Look, they say he doesn't have this money you can't get him to pay. [00:04:44] Here's the issue is that we do have some information about what his company has made, what he has spent. Apparently, the company said it's expected to make about $19.2 million just next year. Just from selling dietary supplements, clothing and other merchandise, [00:05:01] so that's not ad revenue. And all of that sponsorship deals, that's just off of selling T shirts and ground up like gorilla testicle brain supplements, that's all that is. $19 million but he can't afford to pay this, he has listed $13 million in total [00:05:18] assets, including $856,000 just in bank accounts, just sitting there waiting. Doesn't need to be sold off the money is just there, he has been receiving a salary of $20,000 every two weeks. [00:05:34] Think about what you pay, he makes 20 grand every two weeks, It's 40 grand a month, actually, slightly more than that, It's 45 grand a month, $520,000 a year. That was eventually upped to $1.5 million a year because he's so vital to the company, so he's making $1.5 million a year. [00:05:52] By the way, according to court papers, he spent $93,000 in July of this year, excluding legal fees, but including more than $15,000 for the first of his two ex wives. $7,900 for housekeeping Is that a new house, $6,000 on entertainment and [00:06:11] meals, I buy that one and $3,400 on groceries. So he sure has a lot of money to live bid up, but not money to give to them. And look, I'm sure the legal team for the families doing everything they can to try to get access to that money. [00:06:28] But the idea that he can have homes and spend massive amounts of money and all that, and it isn't just seized, I don't understand anything about this. And I think most people probably find the entire situation to be so sickening that they probably just tuned out. [00:06:43] But when you dive into this, it is incredibly gross that this guy can ever have a significant amount of money again in his life. Considering all that he owes and refuses to pay Adrian, why isn't it easier to just sell your house? [00:06:58] He has money, rent a little apartment If you can't afford the house, that's fine, you owe that money. So you sell the house, you sell your cars, you sell your plane or whatever it is that you have. Why is he allowed to have assets like this when he owes $1.5 billion? >> Speaker 2: Exactly, you committed a tort against people and you changed their [00:07:15] lives for the worse, and now you are having to pay a judgment for that. You agreed to be part of the citizen of our country and our laws and to abide by them, and you violated them so now you have to make sacrifices, so make sacrifices. You said John, get an apartment, sell off some of your things instead. [00:07:33] He has these various companies in play, hiding assets here, giving certain amounts of money to different family members and whatnot, he is really gaming the system. And this is oftentimes what we see from very wealthy people, and it's unfortunate. [00:07:49] But it's also completely unsurprising, given all of the behavior Alex Jones has engaged in and how our system is structured to keep the wealthy wealthy. >> 100% yeah, and most people would be no, he could never make him live in an apartment, what are you talking about? [00:08:04] Why is the assumption that a guy like Alex Jones can never just be a regular person who's not wealthy? And the answer is elitism what he supposedly is against, we're supposed to believe that all these people should be wealthy. I saw an article about how Kyle Rittenhouse is broke now, maybe talk about tomorrow on the show. [00:08:21] And my reaction was, why is that news, why would he be rich as a result of what he did? There's no reason to believe he had money beforehand, and then he killed some people. Why is the assumption that person's in the news, they're millionaires for the rest of their life, why is that the way our society functions? [00:08:38] But it 100% is. [MUSIC]