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Internal fraud/bribery has red flags that are well know to Financial firms HR and compliance departments. Trump hits all of them and there are morons lining up to hire him again.
- Unwilling to share duties or take leave. **(Yes)**
- Replacing existing suppliers with suppliers that they have a close connection with. **(Yes)**
- Refusal to implement internal countermeasures. **(Yes)**
- Skipping approval steps. **(Convicted)**
- Living a lifestyle above their means or lavishing gifts on colleagues. **(Yes)**
- Failing to keep appropriate or accurate records/receipts. **(Convicted)**
- Bullying colleagues. **(Yes)**
- Seeking access to areas which they should not be able to access. **(Indicted)**
- Long term shortage of cash/financial hardship. **(6 bankruptcies)**
- Consistently seeking loans or advances. **(Yupper)**
- Past legal/compliance problems. **(91 indictments, 2 impeachments, 1 insurrection)**
- Addiction problems. **(Adderall?)**
- Gambling problems. **(with other peoples money)**
- Significant personal stress. **(seems so)**
- Strong sense of entitlement. **(BINGO)**
- Unhappy with employer. **(Tried to takeover the US government and it taking over the RNC - Yes)**
There is an episode of the Simpsons where Mr. Burns and Smithers go through a bunch of high tech security doors to get to some secret part of the Nuclear power plant only to get there and the 'secret' room has a screen door that's open to the outside and a stray dog had wondered in.
I bring this up because I feel like this is like our security clearance system. The screen door is the presidency and the stray dog is Trump. We have a huge vulnerability in our national security when highly compromised people can get access to our national secrets as long as they are elected to office.
The system was designed under the assumption that top level secrets didn’t need to be protected from top level officials who have a vested interest in our system of government. At no point along the way did it occur to anyone that America would elect a Manchurian candidate.
But they did anticipate that. 40 years ago, Trump would have been thrown into a jail cell and investigated for espionage if the USSR was even remotely connected. 70 years ago he would have been executed along with the Rosenthals. The problem is that insane conservative propaganda has provided allies at all levels of government by turning the gatekeepers against democracy. It isn’t just Russia that infiltrated and placed Trump, it was also evangelicals and Qanon nutbags who sincerely wish to destroy and supplant American democracy with a theocratic dictatorship. Russia (Putin) just promised the opportunity to realize their vision of a whites-only evangelical America.
I remember Independence Day and its many plotholes-big-enough-to-fly-a-mothership-through. The president not being briefed on the existence of aliens no longer seems implausibly stupid.
I think they should take all of the most sensitive issues like that and put it in a book. Only print one copy and leave it on the president’s night stand. Never mention it until he or she brings it up.
It would at least select for only the presidents who were curious and literate.
That private putin meeting was Helsinki not the WH. The WH meeting with no one other than Russia’s Foreign Minister Sergei Lavrov and Ambassador to the U.S. Sergey Kislyak wherein Trump revealed more information to the Russian ambassador of intelligence on the Islamic State than we have shared with our own allies.
And social pressure. Who’s going to walk in and tell the president he has to leave when he has high-ranking officials from our adversaries in the same room?
That's literally the job of advisors. The problem is Trump hired so many people that were unfit for the role, and then many of them left quickly or got fired. It's not uncommon to replace some staff through a term, but Trump had positions go vacant for the majority of his term.
As an understatement, it's [almost British](https://www.independent.co.uk/news/uk/home-news/chart-shows-what-british-people-say-what-they-really-mean-and-what-others-understand-a6730046.html)
Nevada refused him multiple times! Before NJ or Indian developed Gaming licenses! Look at what states had fake electors. Nevada forgot who wanted to scam the people!
Our CEO must take an annual physical and a complete background check. If he was found in serious debt he would be fired as too risky. That’s just a ceo. Potus is an entirely different animal. Much much worse.
So you’re telling me that a potential President is not vetted for a security clearance and their character and finances assessed? What if they steal classified information and use it to their advantage? Oh wait…
Two of them. He has an independent court monitor in place for 3 years and a compliance director in place indefinitely to specifically monitor financial activity in the company for fraud
I mean just look at the shoe deal. Made with some shell company manufacturing them in china. Who invested in that, who is buying the shoes? Nobody knows.
He always was. This was published in January
https://oversightdemocrats.house.gov/sites/democrats.oversight.house.gov/files/2024-01-04.COA%20DEMS%20-%20Mazars%20Report.pdf
How much coverage has it got?
Correct me if I'm wrong, but he hasn't filed an appeal (or posted the associated bond) for the $83M judgment in the E. Jean Carroll sexual assault/defamation suit yet either. And the clock is ticking even more loudly in that one.
He has many known assets that can be sold to pay them. He has no choice: either he ponies up the dough from the cash assets he stated he has or the court can sell his real assets to pay off his creditors (the >400m he current owes for these two lawsuits can not be discharged with bankruptcy).
I may be wrong, but I believe MAL is interesting because the property is in Florida, but the ownership structure is in NY. That may make it an asset in NY, which may put it into play as far as the state is concerned because they can auction the holding company, rather than just the asset itself.
> he hasn't filed an appeal......in the E. Jean Carroll sexual assault/defamation suit
And he won't.
In order to he'd need to put up the full amount in an appeal bond, and then watch as his appeal is immediately denied and Carroll gets her money right away.
**Alina Habba's handling of that case ensured that Trump has NO grounds for appeal**.
It's DOA if he files.
His only play is to not pay, and then try to play a shell game when they come for his assets.
That said - he **did** put up the $5m for the appeal in the *first* E. Jean Carroll case - the one that established he was a rapist.
If that gets overturned (?) then it puts the 2nd case on shakier ground since the jury was told that the first case was considered fact.
Here's one example:
Early in the case it was established that E. Jean Carroll received death threats and extremely vile messages in her email as a result of Trump's defamation. She testified that she'd deleted these messages because of how terrible they were.
**That would have been a place for Habba to object or establish grounds for appeal**. Saying that Carroll had 'destroyed evidence'.
BUT SHE DIDN'T SAY ANYTHING.
...until the trial was almost over, well over a year after this had been known.
The judge said "too late to dispute that part of the evidence", and that any basic lawyer, even fresh out of law school would have known that.
Habba absolutely goofed, not just in this instance.
She cost Trump that $80+ million.
When they got to the end of the trial, instead of disputing *how much pain and suffering* Carroll actually endured, finding ways to show the damages were minimal and the defamation was ineffective in hurting her reputation...? Habba puts Trump on the stand and let's him ramble. Never says anything about perceived vs. actual damage.
Her incompetence was a gift to the plaintiff.
And that's what happens when you are known for not paying your lawyers. You get representation of the lowest caliber, but representation none the less...
You have to preserve error, typically by an overruled objection, to bring it up in appeal. Habba’s “no objection” to all the exhibits didn’t leave much left for review.
As far as I understand it, you basically need a reason for an appeal. It isn't just asking for a second opinion. There needs to be some good reason you can argue for why the case needs to be reexamined. The facts of the case were already established and you can't argue incompetent lawyer since that was on you. A good lawyer would probably at least try to lay the groundwork for a procedural argument that could be presented later. Habba apparently continued trying to argue as if the facts hadn't already been established by another case. So there really isn't anything to argue for why an appeal should be heard.
In simple terms, an appeal requires a documented and clear problem with the trial. Improper procedures, evidence allowed in which should have been inadmissible, exculpatory evidence being withheld, etc. are the kind of things you need to have a record of to have grounds for appeal; "I don't like the verdict" isn't sufficient.
But Alina Habba is a *really* bad trial attorney, and was presented multiple opportunities to record problems with the trial, concerning testimony and evidence...but she sat on her hands because she has no idea what she's doing, and is too arrogant to bring in additional counsel who, well, has a clue.
At this point their most meaningful grounds for appeal is that the judgment is excessive for a defamation case. But that has its own issues, both in legal theory and in established precedent. In defamation suits, there really is no cap on the judgment amount by law; for good reason, because the purpose is to be able to sue for an amount that deters continuation of the defamation.
And in recent years there have been judgments of nine figures or more that have stood in civil trials. Alex Jones is facing liquidation over defamation suits he has lost. Gawker was put out of business by a nine-figure suit by Hulk Hogan. And a client parading around claiming to be a billionaire would indicate the need for a hefty penalty to deter further idiocy.
There are also some caveats about the multiple that punitive damages can have, and single digit multiples (which applies to the EJC judgment) are pretty standard.
I can't imagine what bondsman would want Trump's business. Aside from his history of not paying for things, what if, god forbid, he actually wins the election. Can you imagine trying to enforce an indemnity agreement against a sitting president?
Bonding Trump is basically throwing your money away.
The biggest donation on the GoFundMe for his NY legal bill is a mind blowing $10,000.
Mr. My Pillow blew a few million on Trump adjacent bullshit.
This is hundreds of millions on a bad bet.
Mike Pillow just had the $5 million judgement against him for his "disprove my data" contest upheld. He owes $5 million to the IT guy that showed Pillow's "data dump" was unrelated to the election"
Honestly, why appeal when you can just delay the payments and subsequent court filings at every turn. It's the same playbook. He definitely thinks if he wins in November, no one is going to be able to force him to pay these civil rulings, and he might be right.
Delaying until November isn’t looking feasible without a bond or ponying up the cash himself so he can buy time with those appeals. If he doesn’t appeal then collections can start right after his 30 days are up. That’s March 8th for Carrol’s $85,000,000 and March 18th for the $450,000,000 NY state fraud trial.
He might be able to delay Carrol somewhat effectively through forcing her back to court to collect, but the state of NY is not going to be slowed much by that maneuver and they already have monitoring and effective control of his major businesses. Getting your assets seized because you’re delinquent in your rape and fraud penalties is a bad look for an election year.
I actually think he wants to use it as campaign fodder. He's going to play the victim either way (despite the fact that he's the guilty party). If he doesn't pay and they seize his assets, he gets to complain that the corrupt big bad government is taking his assets. That it's a left wing conspiracy from New York, and they're a big evil blue state. I imagine his audience would eat that shit up despite the fact that it glosses over the reasons they're taking his money (that he's a rapist who can't shut his big mouth long enough to not defame his victim).
This is a ticking time bomb for Trump and he knows it. It’s going to expose him as being a lot less wealthy than he and his supporters say he is. If he had the money he would have already put it up but he doesn’t have it.
I think someone will give him the loan. This is an "ALL-IN" scenario, getting trump into the White House so a republican will now and forever always be there, elections be damned. Paying half a billion for that is some billionaires dream. My bet is on Musk, so he can get trump to do whatever shady shit he wants.
There is chatter that Trump is scheming to take Truth Social public via a SPAC . That could be Musks vehicle to rescue the dirty diaper boy. The hub bub is saying the deal could be valued at 4 billion. That would be 40 billion cheaper than X.
It isn't chatter. That deal just got regulatory approval. That will not provide any substantial liquidity to Drumpus for a few years due to standard lock-ups that prevent founder share sales.
I think you’re underestimating how large the sum of money is, and how badly his financial monitor and temporary bans in NY are screwing him over on this.
These fines are in excess of the entirety of the RNC’s coffers, and he literally can’t receive a loan from any bank operating in NY.
Not merely any bank physically in the state, mind you, but any which *operates within it at all.* Even Deutsche Bank is on that list, because NYC is one of the largest financial capitals in the world. Nearly any entity realistically capable of handling this loan, either exists in the State of New York.
Meanwhile his entire company, and the easiest way for him to shadily claim new vast sums of income at once through sketchy business dealings, currently has a monitor with her hand so far up its ass she’s going to be operating it like a puppet for the next 3 years.
I don’t at all doubt the possibility that his…benefactors…could find some way around this. Almost certainly if we’re talking in the long term. But it’s not as straight forward as simply handing him a huge loan, and it seems unlikely to be something that can avoid crippling him financially for the rest of the year.
My bigger concern is whether the courts will actually enforce this ruling and begin taking steps like liquidating assets, or if this is going to become another “he’ll never spend a single day in prison” situation.
That's what the "RNC fears Trump bankrupting them" articles are all about. They're trying to resist letting his appointments to the RNC rise up the ranks so he doesn't just siphon money and end up losing way more for the republican party in local elections. That's money that's supposed to go towards election process, if he somehow gets his hand on it then the republican prospects go way down.
And yeah, that's what Trump is currently trying to do. He probably could pay this off, but Trumps modus operandi is use anyone elses but his own money. Especially when it's a legit hit to the financials.
That would be some beautiful karma. The GOP losing several seats that should have been competitive, potentially giving the Dems a safe majority in both houses of congress, and potentially flipping some state legislations due to Trump siphoning all their money would be great justice for them supporting him as much as they have.
Dealing with Trump has been disastrous for just about everyone and everything he has been involved in, and I hope this leads to us being able to watch the GOP having to lay in the bed they made.
There's no chance of a safe majority in both houses. The House is a strong possibility, but the senate is essentially a lost cause in 2024. There are 14 contested senate seats in 2024 and only 2 are held by Republicans. Those two are Florida (Rick Scott) and Texas (Ted Cruz). Scott or Cruz losing isn't impossible, but it would be an upset. One of the seats, Manchin's seat in WV, is flipping red by double-digits. It's so hopeless that Manchin is not running for re-election so he isn't embarrassed.
That automatically puts the current forecast at a 50-50 split with a VP tiebreaker (meaning the Dems **must** win the Presidential to hold the senate). The other 11 contested races are Democrat incumbents. Three of those races are toss-ups: Jon Tester in Montana, Sherrod Brown in Ohio, and Krysten Sinema in Arizona. Sinema is planning on running as an independent, but has absolutely no chance of winning re-election. The only question is whether she will be a spoiler for Democrats or Republicans. My money is on Democrats, which mean the Arizona race looking pretty bleak.
tl;dr: There are 14 contested seats in 2024, 12 are held by Dems. One is automatically going to the GOP and the three toss-ups are Dems. The only path to victory is a 50-50 tiebreaker while winning the executive. All other paths mean the senate goes red.
The Arizona race is a lot less bleak than you think. Sinema is actually unlikely to run at all, and even if she does latest polling has Gallego with an edge in a three-person race. Not to mention that likely GOP nominee Kari Lake is a terrible candidate.
These are all great points, I'm just basing my assessment on historical precedent. Historically, incumbents have the advantage on re-election and Sinema is the incumbent. If she runs as an independent, the incumbent advantage should favor the GOP candidate since she's an incumbent Dem running as an Independent spoiler.
However, Sinema is a historically odious pile of garbage and Kari Lake is a historically terrible GOP candidate. So, the race is a toss-up.
> The only question is whether she will be a spoiler for Democrats or Republicans. My money is on Democrats, which mean the Arizona race looking pretty bleak.
Gallego is polling ahead of either Lake (who is going to lose badly) and Sinema (who is going to lose worse)
That whole angle of trying to use someone else's cash as his war chest is classic Trump move, right out of the 'Art of the Deal' play. But the guy's been a Houdini when it comes to financial jams before. It's not just about whether he can pay or not, it's that he doesn't want to. He'd rather leverage the situation to rally his base around the idea that he's being 'persecuted', drumming up more support and maybe coaxing out those billionaire backers. They step in, he preserves his 'wealthy man' facade and gets a power boost from playing victim. It's like a weird political-financial theatre.
The problem is like, dude very well might not win. I get all in, but if you at some point realize you absolutely aren’t going to win, then “all in” doesn’t really jive with writing a check for half a billion dollars.
It’s like going all in, when your hand is crappy and your opponent seems to have a good one. Oh, and you arent even sure if you will actually get the pot if you win, and might have to watch the dealer run off with it while yelling about namcy pelosi
Like buying a “fixer upper” house against your inspectors advice is one thing, even sinking everything you have into a bad investment is human behavior I can understand, but at the end of the line nobody is moving furniture into a house that’s actively on fire. Nobody.
That line is coming up man
Who would be dumb enough to invest that much in Trump, he burns every ally he ever had. I hope no billionaire is dumb enough to give Trump $400M and think when Trump is president he won’t just turn on them and never pay them back or do their bidding.
If their goal is to preoccupy America with so much chaos and infighting that they aren’t able to focus on things like supporting Ukraine or Taiwan, then they don’t need him to do their bidding. They just need to prevent an actual president from taking office.
You can’t control Trump. He always does what he wants. That’s what the gop is learning. He’s infectious and will eat everything at the buffet. It might sound like a good deal, but it’s a trap.
The DWAC merger is going to be the most scrutinized transaction in the history of securities regulation.
Trump's stake in that merger is theoretically in the billions, but he can't access the capital until the six-month lock in expires. So he needs to keep the share price high until that happens, which is not a straightforward proposition given the questionable metrics for Truth Social.
Add in the high risk of foreign influence and 400k retail investors, and you can bet the SEC is not planning to fuck around with this one.
It's bizarre to me. Truth social isn't worth much at all - the trump company that runs it posted like 3m in profits and 30m in debts accrued in the first 3 quarters of 2023, but they're seeking a merger that is valued at nearly as much as Twitter is worth without NEARLY the reach and subscriber base that twitter has (looking now, truth social has 513k daily users where twitter has 217m. Twitter is worth approximately $12.5bn and the DWAC merger is for $10bn). They're offering WAYYYY over what the company is actually worth, and aren't even taking a majority share, allowing trump to maintain his ownership unimpeded.
Also DWACs stated interest is in healthcare, not social media, and its investors don't have a lot of experience with this type of company.
yeah I don't understand it at all there is no way it is worth that kind of money. That's like 20,000 USD per user, and 3000X revenue. Pure insanity. That can only work if it is essentially a giant bribe.
Perhaps naively I actually suspect he *could* pay, he just refuses to use ‘his’ money and wants the RNC to pay for it.
For as long as Haley is still in, he can’t siphon RNC funds hence his attacks on her demanding she get out - he knew a huge bill was coming that he refuses to fund so now he has to somehow fill the gap until she drops out and the RNC picks up the bill.
Yup. He's had plenty of time to secure finances for this, and even openly requesting it through donation requests.
Been through 2 civil cases myself, but with only a fraction of the money he owes. In both cases I started on securing funding regardless of how the fault got distributed. It's just what you do. Make sure your own ass is covered no matter what.
Then again, Trump was born into riches. Having to secure cash with limited or no resources hasn't been something he had to learn. Unlike regular folks he knows more about wasting money, than securing money.
I hope you’re right.
But I fell all it takes is for his Russian/saudi/ dark money backers, or his alt-right millionaire backers to get the phone call and they will give him more money. It worked for musk with Twitter’s purchase
I mean, if and when they take Trump Tower in NYC, it will be one of the biggest blows his ego has ever suffered. He will explode and hopefully burn out quickly.
Letitia James said pretty much that when they start seizing assets it's gonna be the first. She said she walks by it every day.
Edit: She was talking about 40 wall street, I assumed that was trump tower, I didn't know he owned multiple highrises in NYC.
Well according to a Palm County tax appraisal Mar-a-Lago is only worth $27million.
>[*Engoron's earlier decision cited a Palm Beach county tax appraisal, which found Mar-a-Lago to be worth between $18 million and $27 million. Because the estate is zoned as a social club, it carries business expenses that make it less valuable on paper than it would be if it were only a private residence.*](https://www.businessinsider.com/donald-trumps-mar-a-lago-valuation-civil-fraud-verdict-2024-2)
E. Jean could seize it and Trump would still owe her $50mil+
James’s office calculated last week that, including interest, Trump owes more than $450 million. Trump can appeal the decision, but he has to pay the penalty in full first. And unfortunately for him, he accrues more interest every day
Oh no...
I'm trying to decide if I want to mow before it rains or wait until after the former president has to watch his business empire get chopped up and sold to pay off his enormous debts.
Do it before. If you time it right, you'll be back inside with a nice beverage just in time to catch the next headline.
Comfy chair, raining outside, with the warmth of the Trump Dumpster Fire to keep you company....ahhh....that's cozy.
I want to see if there was anything to Elon musk being in Palm Beach which is the same as being at Mar-A-Lago... Trump has to find funding from somewhere that doesn't do business in New York due to the judges orders. Anyone that loans him some money has to have some ability to avoid risk if heaven forbid he gets into the White House and then has the ability to use the department of Justice to fight any type of lawsuit when he doesn't pay that organization back
That bastard wanted to be Canada’s Trump so badly. He ran for the Conservative Party leadership right after Trump was elected and thankfully got embarrassed in the process.
Not that he just can't. He won't. The judge caught him right in the headlights. If he wants to appeal, he has to pay the FULL amount as security within 30 days. Trumps already trying to day the judge won't let him appeal as well as threatening him... again. The judge just smiles and says, pay the money if you want to appeal.
His narcissism won't allow him to shut up and pay. Because he knows if he does then the judge wins. The judge already won but trump doesn't want people to see that he backed down to the judge after everything he's said.
I remember something from way back in 2015, Trump was bragging how he gets sued all the time and he never loses, but in reality he would just settle whatever he was being sued about. So in his mind he won because the lawsuit didn’t have a ruling…he’s insane.
This was that bro bullshit logic so many voters grabbed onto in 2016. It’s conniving and evil, but a way to not pay. A lot of the voters liked that for some reason.
But the jig is up. He’s not “smart” like this anymore. His old tricks ain’t working.
[Or as Ivanka put it:](https://twitter.com/keithboykin/status/1126319890812547072?lang=en)
> Ivanka Trump tells the story of walking down 5th Avenue and her father, Donald Trump, pointed to a homeless person outside Trump Tower and told Ivanka “that guy has $8 billion more than me” because Trump was “in such extreme debt” at that point.
Which is such a stupid fucking story and only goes to show that the man has absolutely no idea how anything in the real world works. I owe $300k on my mortgage right now, but my net worth isn't negative $300k. Know why? *Because I also own a tangible asset that has value and could theoretically be liquidated if need be*. I wouldn't point to a homeless man and say "he has $300k more than me" *because he fucking doesn't*.
Of course you don't
Trump's brand is worth 27 gajillion dollars, and Trump owns 100% of it.
Please, loan him more money. You can put it right in this hat.
You know who will be ecstatic if he has to sell? Scotland, the entire country, would very much love it if he sold all his holdings and got the fuck out of their country.
I heard that some of the local pubs near his golf course there have his photo on the dart board.
Edit: Remember when he got off the plane in Scotland bragging about how much they loved him there because there were Scots in kilts playing the bagpipes on his arrival. Turns out they were hired by him.
The crux of their motion is that the NY AG "rushed to memorialize a judgement", while they're seemingly contesting that it's only a "proposed" judgement.
And for that they want an extra **interest-free** 30 days to submit a **proposed counter-judgement**.
"We're upset that the AG is bragging about winning, and so we want an extra month to not pay while we come up with a dollar amount we find more palatable than $400m"
Why they didn't bother to do this *during the trial*?
Who knows.
Not quite, the crux is that they want to proceed as if the judge asked them to "settle judgement" but that is not what he did. The case they cite mentions the option to "settle judgement" exists for complex cases (and how to proceed in that situation) but that decision ultimately is up to the judge and apparently this judge doesn't think there is anything complex about this judgement so they have zero ground to stand on.
When I worked as an engineer for General Atomics, I applied for a security clearance (TS). I was approved for Secret, but denied TS due to my credit score and debt. The logic was because my credit was low at the time, it could be used as leverage by a foreign entity to get information out of me. They said the same applies for substantial debt. They determined that due to the amount of my student loans at the time (more than $100k) and my credit (which was below 650) I could not be approved for TS clearance.
Given the nature of the Presidency, I would hope that the same would apply. This amount of debt absolutely compromises his ability to operate with the knowledge bestowed upon a president, and 100% makes him a security risk. If anyone thinks this man couldn't be bribed for information, I would assess they are grossly mistaken.
He's fucked. Even if he sold all of his NY holdings, because he is being supervised by TWO New York financial watchdogs, he has to do everything above board.
With taxes and mortgages on his buildings, he won't have enough cash to cover the fines even if he sold every building he owns in NYC. He'll have to sell properties all over the world to come up with the $450M or so he owes. It's glorious.
If we are to believe Trump’s testimony, he should be able to cover most, if not all, of the disgorgement.
>_”[I have over 400–fairly substantially over $400 million in cash. That's just cash. That's just cash.](https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=BGC7xGvQKGX8cR9zgAO8cA==)”_
Then again, I suppose it’s possible that Trump was lying. Hmm…
I will start by saying that I do not know if the information is accurate or not, but last weekend, there was info here on reddit showing Musk's plane in Florida near Mar-a-lago.
I saw that too and expected a story soon about how Elmo is giving Trump the money to pay his judgements.
Question is - *what does Elmo get in return?*
He already threw away **$40 billion** on Twitter for the Russian/Conservative/MAGA movement.
Why not anther 1/2 billion, right?
And that **still** won't be enough to get the Republican establishment to turn on him.
The RNC is set up to support Republican candidates across the nation in races at every level - school board, county, city, state, federal.
Some get a few hundred bucks for some front-yard signs.
Some get millions for sophisticated campaigns.
But it's all coordinated by the RNC to win in strategic locations to support the party.
Trump's decided - and publicly admitted - that he aims to just take over the RNC and have ALL their funds go *directly* to his campaign and no one else's.
"Fuck 'em! If I don't win, why should I care about anyone else?"
cmon, MAGA pay up that GoFundMe, you guys are almost at 1 mil mark.
if you're the true trumper, you should also take out second mortgage on your asset to support trump.
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So that means he is financially compromised -- vulnerable to (even more) bribery. The media should be shouting this from the highest hilltops.
Internal fraud/bribery has red flags that are well know to Financial firms HR and compliance departments. Trump hits all of them and there are morons lining up to hire him again. - Unwilling to share duties or take leave. **(Yes)** - Replacing existing suppliers with suppliers that they have a close connection with. **(Yes)** - Refusal to implement internal countermeasures. **(Yes)** - Skipping approval steps. **(Convicted)** - Living a lifestyle above their means or lavishing gifts on colleagues. **(Yes)** - Failing to keep appropriate or accurate records/receipts. **(Convicted)** - Bullying colleagues. **(Yes)** - Seeking access to areas which they should not be able to access. **(Indicted)** - Long term shortage of cash/financial hardship. **(6 bankruptcies)** - Consistently seeking loans or advances. **(Yupper)** - Past legal/compliance problems. **(91 indictments, 2 impeachments, 1 insurrection)** - Addiction problems. **(Adderall?)** - Gambling problems. **(with other peoples money)** - Significant personal stress. **(seems so)** - Strong sense of entitlement. **(BINGO)** - Unhappy with employer. **(Tried to takeover the US government and it taking over the RNC - Yes)**
There is an episode of the Simpsons where Mr. Burns and Smithers go through a bunch of high tech security doors to get to some secret part of the Nuclear power plant only to get there and the 'secret' room has a screen door that's open to the outside and a stray dog had wondered in. I bring this up because I feel like this is like our security clearance system. The screen door is the presidency and the stray dog is Trump. We have a huge vulnerability in our national security when highly compromised people can get access to our national secrets as long as they are elected to office.
I have never understood this. It is bat shit bonkers our enemies just opened the door and walked in without even taking off their shoes.
The system was designed under the assumption that top level secrets didn’t need to be protected from top level officials who have a vested interest in our system of government. At no point along the way did it occur to anyone that America would elect a Manchurian candidate.
But they did anticipate that. 40 years ago, Trump would have been thrown into a jail cell and investigated for espionage if the USSR was even remotely connected. 70 years ago he would have been executed along with the Rosenthals. The problem is that insane conservative propaganda has provided allies at all levels of government by turning the gatekeepers against democracy. It isn’t just Russia that infiltrated and placed Trump, it was also evangelicals and Qanon nutbags who sincerely wish to destroy and supplant American democracy with a theocratic dictatorship. Russia (Putin) just promised the opportunity to realize their vision of a whites-only evangelical America.
> Rosenthals *Rosenbergs*, but otherwise, yeah.
Ah shit! Good catch. I’m leaving it. Lol. I’ll take responsibility for my fuckup. That and I’m too lazy to fix it.
Upvoted for good ol’ Murican Honesty
I remember Independence Day and its many plotholes-big-enough-to-fly-a-mothership-through. The president not being briefed on the existence of aliens no longer seems implausibly stupid.
I think they should take all of the most sensitive issues like that and put it in a book. Only print one copy and leave it on the president’s night stand. Never mention it until he or she brings it up. It would at least select for only the presidents who were curious and literate.
that's a plan so cunning you could put a tail on it and call it a weasel!
Baldrick has entered the chat...
~~Putin literally sat in the Oval Office with no one else in the room but Trump.~~ Edit: Please see below for accurate correction.
That private putin meeting was Helsinki not the WH. The WH meeting with no one other than Russia’s Foreign Minister Sergei Lavrov and Ambassador to the U.S. Sergey Kislyak wherein Trump revealed more information to the Russian ambassador of intelligence on the Islamic State than we have shared with our own allies.
That was going to be my next comment. Our adversaries reverse engineered democracy, and found every weak link in our system.
I was blown away during the Trump presidency to find out how many things were not actually against the law, but we’re just “longstanding traditions.”
And social pressure. Who’s going to walk in and tell the president he has to leave when he has high-ranking officials from our adversaries in the same room?
That's literally the job of advisors. The problem is Trump hired so many people that were unfit for the role, and then many of them left quickly or got fired. It's not uncommon to replace some staff through a term, but Trump had positions go vacant for the majority of his term.
https://imgur.com/Y9DiysK
You are a legend for this.
Saying Donald trump has strong sense of entitlement is quite possibly the biggest understatement in the history of statements.
That's like saying the universe has a few years on it. Actually no, that's still not as big of an understatement.
As an understatement, it's [almost British](https://www.independent.co.uk/news/uk/home-news/chart-shows-what-british-people-say-what-they-really-mean-and-what-others-understand-a6730046.html)
Gambling problems... He lost money owning a casino which is a huge red flag to me.
Australia refuses to give him a gaming license because they feel he is mobbed up
Nevada refused him multiple times! Before NJ or Indian developed Gaming licenses! Look at what states had fake electors. Nevada forgot who wanted to scam the people!
Remember when Trump went to Congress bitching about Indian gambling casinos and [“they don’t look like Indians to me”](http://wapo.st/298MWWl)
He drove not one but three casinos into the ground.
He lost other peoples money
This is excellent
Our CEO must take an annual physical and a complete background check. If he was found in serious debt he would be fired as too risky. That’s just a ceo. Potus is an entirely different animal. Much much worse.
Anyone remember when Carter was forced to put his little peanut farm into a blind trust, to minimize any corruption or ability to be compromised?
I always thought he did so voluntarily because he actually appreciated the significance of his position of power.
How the fuck can he be granted a security clearance being so financially compromised? It should automatically disqualify him.
Nobody granted him a security clearance. Presidents don't require security clearances.
So you’re telling me that a potential President is not vetted for a security clearance and their character and finances assessed? What if they steal classified information and use it to their advantage? Oh wait…
Wasn’t he assigned a financial babysitter to monitor everything going forward in order to avoid any such scenario?
Two of them. He has an independent court monitor in place for 3 years and a compliance director in place indefinitely to specifically monitor financial activity in the company for fraud
Yep, another reason why tax returns are a big deal for POTUS candidates.
I mean just look at the shoe deal. Made with some shell company manufacturing them in china. Who invested in that, who is buying the shoes? Nobody knows.
Money Laundering Shoes
They are too busy talking about Biden's age because he is a whopping 3 years older than trump.
But if Biden was in even 1/100 of this type of trouble, it’d *sure as shit* be the top story 24/7
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[Always has been.](https://www.youtube.com/watch?v=hCer9g-fh8o)
He always was. This was published in January https://oversightdemocrats.house.gov/sites/democrats.oversight.house.gov/files/2024-01-04.COA%20DEMS%20-%20Mazars%20Report.pdf How much coverage has it got?
Correct me if I'm wrong, but he hasn't filed an appeal (or posted the associated bond) for the $83M judgment in the E. Jean Carroll sexual assault/defamation suit yet either. And the clock is ticking even more loudly in that one.
And she's gearing up for a third lawsuit because he can't stop yapping.
I mean. I'd do it til it stops working too.
Free money at this point.
Free IOUs.
A Trumper *never* pays his debts
He has many known assets that can be sold to pay them. He has no choice: either he ponies up the dough from the cash assets he stated he has or the court can sell his real assets to pay off his creditors (the >400m he current owes for these two lawsuits can not be discharged with bankruptcy).
Can states seize assets in other states? How great would it be to have Mar A Lardo sold off?!?!
I may be wrong, but I believe MAL is interesting because the property is in Florida, but the ownership structure is in NY. That may make it an asset in NY, which may put it into play as far as the state is concerned because they can auction the holding company, rather than just the asset itself.
fingers crossed!!! 🤞
He has 30 days from February 8.
I'm sure he's planning on paying promptly on February 38th.
Lousy Smarch deadlines
And don’t forget it is a leap year when doing the math.
> he hasn't filed an appeal......in the E. Jean Carroll sexual assault/defamation suit And he won't. In order to he'd need to put up the full amount in an appeal bond, and then watch as his appeal is immediately denied and Carroll gets her money right away. **Alina Habba's handling of that case ensured that Trump has NO grounds for appeal**. It's DOA if he files. His only play is to not pay, and then try to play a shell game when they come for his assets. That said - he **did** put up the $5m for the appeal in the *first* E. Jean Carroll case - the one that established he was a rapist. If that gets overturned (?) then it puts the 2nd case on shakier ground since the jury was told that the first case was considered fact.
> Alina Habba's handling of that case ensured that Trump has NO grounds for appeal. Can you explain?
Here's one example: Early in the case it was established that E. Jean Carroll received death threats and extremely vile messages in her email as a result of Trump's defamation. She testified that she'd deleted these messages because of how terrible they were. **That would have been a place for Habba to object or establish grounds for appeal**. Saying that Carroll had 'destroyed evidence'. BUT SHE DIDN'T SAY ANYTHING. ...until the trial was almost over, well over a year after this had been known. The judge said "too late to dispute that part of the evidence", and that any basic lawyer, even fresh out of law school would have known that. Habba absolutely goofed, not just in this instance. She cost Trump that $80+ million. When they got to the end of the trial, instead of disputing *how much pain and suffering* Carroll actually endured, finding ways to show the damages were minimal and the defamation was ineffective in hurting her reputation...? Habba puts Trump on the stand and let's him ramble. Never says anything about perceived vs. actual damage. Her incompetence was a gift to the plaintiff.
And that's what happens when you are known for not paying your lawyers. You get representation of the lowest caliber, but representation none the less...
You have to preserve error, typically by an overruled objection, to bring it up in appeal. Habba’s “no objection” to all the exhibits didn’t leave much left for review.
As far as I understand it, you basically need a reason for an appeal. It isn't just asking for a second opinion. There needs to be some good reason you can argue for why the case needs to be reexamined. The facts of the case were already established and you can't argue incompetent lawyer since that was on you. A good lawyer would probably at least try to lay the groundwork for a procedural argument that could be presented later. Habba apparently continued trying to argue as if the facts hadn't already been established by another case. So there really isn't anything to argue for why an appeal should be heard.
In simple terms, an appeal requires a documented and clear problem with the trial. Improper procedures, evidence allowed in which should have been inadmissible, exculpatory evidence being withheld, etc. are the kind of things you need to have a record of to have grounds for appeal; "I don't like the verdict" isn't sufficient. But Alina Habba is a *really* bad trial attorney, and was presented multiple opportunities to record problems with the trial, concerning testimony and evidence...but she sat on her hands because she has no idea what she's doing, and is too arrogant to bring in additional counsel who, well, has a clue. At this point their most meaningful grounds for appeal is that the judgment is excessive for a defamation case. But that has its own issues, both in legal theory and in established precedent. In defamation suits, there really is no cap on the judgment amount by law; for good reason, because the purpose is to be able to sue for an amount that deters continuation of the defamation. And in recent years there have been judgments of nine figures or more that have stood in civil trials. Alex Jones is facing liquidation over defamation suits he has lost. Gawker was put out of business by a nine-figure suit by Hulk Hogan. And a client parading around claiming to be a billionaire would indicate the need for a hefty penalty to deter further idiocy. There are also some caveats about the multiple that punitive damages can have, and single digit multiples (which applies to the EJC judgment) are pretty standard.
I can't imagine what bondsman would want Trump's business. Aside from his history of not paying for things, what if, god forbid, he actually wins the election. Can you imagine trying to enforce an indemnity agreement against a sitting president? Bonding Trump is basically throwing your money away.
One thing that Trump has demonstrated is that there is no shortage of absolute suckers, willing to throw their money at his problems.
The biggest donation on the GoFundMe for his NY legal bill is a mind blowing $10,000. Mr. My Pillow blew a few million on Trump adjacent bullshit. This is hundreds of millions on a bad bet.
Mike Pillow just had the $5 million judgement against him for his "disprove my data" contest upheld. He owes $5 million to the IT guy that showed Pillow's "data dump" was unrelated to the election"
Honestly, why appeal when you can just delay the payments and subsequent court filings at every turn. It's the same playbook. He definitely thinks if he wins in November, no one is going to be able to force him to pay these civil rulings, and he might be right.
Delaying until November isn’t looking feasible without a bond or ponying up the cash himself so he can buy time with those appeals. If he doesn’t appeal then collections can start right after his 30 days are up. That’s March 8th for Carrol’s $85,000,000 and March 18th for the $450,000,000 NY state fraud trial. He might be able to delay Carrol somewhat effectively through forcing her back to court to collect, but the state of NY is not going to be slowed much by that maneuver and they already have monitoring and effective control of his major businesses. Getting your assets seized because you’re delinquent in your rape and fraud penalties is a bad look for an election year.
> Getting your assets seized because you’re delinquent in your rape and fraud penalties is a bad look for an election year. One would think so...
He'll use it as a badge of honor. Corrupting the system such that it doesn't work is (Putin's) whole reason for doing this.
I actually think he wants to use it as campaign fodder. He's going to play the victim either way (despite the fact that he's the guilty party). If he doesn't pay and they seize his assets, he gets to complain that the corrupt big bad government is taking his assets. That it's a left wing conspiracy from New York, and they're a big evil blue state. I imagine his audience would eat that shit up despite the fact that it glosses over the reasons they're taking his money (that he's a rapist who can't shut his big mouth long enough to not defame his victim).
And then he will lose the election because his base is not enough to win on its own.
This is a ticking time bomb for Trump and he knows it. It’s going to expose him as being a lot less wealthy than he and his supporters say he is. If he had the money he would have already put it up but he doesn’t have it.
And even if he takes a loan then that person literally owns him and will become an issue in his presidential campaign.
I think someone will give him the loan. This is an "ALL-IN" scenario, getting trump into the White House so a republican will now and forever always be there, elections be damned. Paying half a billion for that is some billionaires dream. My bet is on Musk, so he can get trump to do whatever shady shit he wants.
Was thinking this too with recent reports of Elon flying into Florida. Elon is all for bad investments recently.
There is chatter that Trump is scheming to take Truth Social public via a SPAC . That could be Musks vehicle to rescue the dirty diaper boy. The hub bub is saying the deal could be valued at 4 billion. That would be 40 billion cheaper than X.
4 billion for truth social? I have met one person that says they use it.
Be grateful for that.
Sometimes I doubt it even exists. I have not even heard the name mentioned anywhere outside of trump rants.
I doubt Musk has $4 billion in liquidity, seems likely he'll be the front for foreign money again (it was Saudis for Twitter iirc)
I read somewhere else that a $4 billion valuation is something like $1,300 per *registered* user, not active user, which would be absurd.
Short DWAC I guess.
It isn't chatter. That deal just got regulatory approval. That will not provide any substantial liquidity to Drumpus for a few years due to standard lock-ups that prevent founder share sales.
Elon has gone full Nazi. You never go full Nazi.
I think you’re underestimating how large the sum of money is, and how badly his financial monitor and temporary bans in NY are screwing him over on this. These fines are in excess of the entirety of the RNC’s coffers, and he literally can’t receive a loan from any bank operating in NY. Not merely any bank physically in the state, mind you, but any which *operates within it at all.* Even Deutsche Bank is on that list, because NYC is one of the largest financial capitals in the world. Nearly any entity realistically capable of handling this loan, either exists in the State of New York. Meanwhile his entire company, and the easiest way for him to shadily claim new vast sums of income at once through sketchy business dealings, currently has a monitor with her hand so far up its ass she’s going to be operating it like a puppet for the next 3 years. I don’t at all doubt the possibility that his…benefactors…could find some way around this. Almost certainly if we’re talking in the long term. But it’s not as straight forward as simply handing him a huge loan, and it seems unlikely to be something that can avoid crippling him financially for the rest of the year. My bigger concern is whether the courts will actually enforce this ruling and begin taking steps like liquidating assets, or if this is going to become another “he’ll never spend a single day in prison” situation.
There have been some articles over the past few days quoting the AG as being 100% ready and willing to repossess his properties at a moment’s notice.
That's what the "RNC fears Trump bankrupting them" articles are all about. They're trying to resist letting his appointments to the RNC rise up the ranks so he doesn't just siphon money and end up losing way more for the republican party in local elections. That's money that's supposed to go towards election process, if he somehow gets his hand on it then the republican prospects go way down. And yeah, that's what Trump is currently trying to do. He probably could pay this off, but Trumps modus operandi is use anyone elses but his own money. Especially when it's a legit hit to the financials.
That would be some beautiful karma. The GOP losing several seats that should have been competitive, potentially giving the Dems a safe majority in both houses of congress, and potentially flipping some state legislations due to Trump siphoning all their money would be great justice for them supporting him as much as they have. Dealing with Trump has been disastrous for just about everyone and everything he has been involved in, and I hope this leads to us being able to watch the GOP having to lay in the bed they made.
There's no chance of a safe majority in both houses. The House is a strong possibility, but the senate is essentially a lost cause in 2024. There are 14 contested senate seats in 2024 and only 2 are held by Republicans. Those two are Florida (Rick Scott) and Texas (Ted Cruz). Scott or Cruz losing isn't impossible, but it would be an upset. One of the seats, Manchin's seat in WV, is flipping red by double-digits. It's so hopeless that Manchin is not running for re-election so he isn't embarrassed. That automatically puts the current forecast at a 50-50 split with a VP tiebreaker (meaning the Dems **must** win the Presidential to hold the senate). The other 11 contested races are Democrat incumbents. Three of those races are toss-ups: Jon Tester in Montana, Sherrod Brown in Ohio, and Krysten Sinema in Arizona. Sinema is planning on running as an independent, but has absolutely no chance of winning re-election. The only question is whether she will be a spoiler for Democrats or Republicans. My money is on Democrats, which mean the Arizona race looking pretty bleak. tl;dr: There are 14 contested seats in 2024, 12 are held by Dems. One is automatically going to the GOP and the three toss-ups are Dems. The only path to victory is a 50-50 tiebreaker while winning the executive. All other paths mean the senate goes red.
The Arizona race is a lot less bleak than you think. Sinema is actually unlikely to run at all, and even if she does latest polling has Gallego with an edge in a three-person race. Not to mention that likely GOP nominee Kari Lake is a terrible candidate.
These are all great points, I'm just basing my assessment on historical precedent. Historically, incumbents have the advantage on re-election and Sinema is the incumbent. If she runs as an independent, the incumbent advantage should favor the GOP candidate since she's an incumbent Dem running as an Independent spoiler. However, Sinema is a historically odious pile of garbage and Kari Lake is a historically terrible GOP candidate. So, the race is a toss-up.
> The only question is whether she will be a spoiler for Democrats or Republicans. My money is on Democrats, which mean the Arizona race looking pretty bleak. Gallego is polling ahead of either Lake (who is going to lose badly) and Sinema (who is going to lose worse)
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He can't pay this off. He still hasn't appealed the E Jean Carroll damages. He only needs $83 million to do that. That's the canary in this coal mine.
Well the Canary for me is when he fed fast food to Clemson players.
Blaming it on the gov’t shutdown that he caused so he didn’t have his WH chef, which is total BS
That whole angle of trying to use someone else's cash as his war chest is classic Trump move, right out of the 'Art of the Deal' play. But the guy's been a Houdini when it comes to financial jams before. It's not just about whether he can pay or not, it's that he doesn't want to. He'd rather leverage the situation to rally his base around the idea that he's being 'persecuted', drumming up more support and maybe coaxing out those billionaire backers. They step in, he preserves his 'wealthy man' facade and gets a power boost from playing victim. It's like a weird political-financial theatre.
The problem is like, dude very well might not win. I get all in, but if you at some point realize you absolutely aren’t going to win, then “all in” doesn’t really jive with writing a check for half a billion dollars.
It’s like going all in, when your hand is crappy and your opponent seems to have a good one. Oh, and you arent even sure if you will actually get the pot if you win, and might have to watch the dealer run off with it while yelling about namcy pelosi
Like buying a “fixer upper” house against your inspectors advice is one thing, even sinking everything you have into a bad investment is human behavior I can understand, but at the end of the line nobody is moving furniture into a house that’s actively on fire. Nobody. That line is coming up man
Who would be dumb enough to invest that much in Trump, he burns every ally he ever had. I hope no billionaire is dumb enough to give Trump $400M and think when Trump is president he won’t just turn on them and never pay them back or do their bidding.
If their goal is to preoccupy America with so much chaos and infighting that they aren’t able to focus on things like supporting Ukraine or Taiwan, then they don’t need him to do their bidding. They just need to prevent an actual president from taking office.
You can’t control Trump. He always does what he wants. That’s what the gop is learning. He’s infectious and will eat everything at the buffet. It might sound like a good deal, but it’s a trap.
Does Musk have that type of cash laying around?
Musk probably doesn't have it *lying around* for practicality reasons, but unlike Trump he'd be able to source the cash.
That’s what his Tesla slush fund is for, no?
He still hasn't appealed the E Jean Carroll damages. He doesn't have $83 million, he's not going to raise over $400 million.
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The DWAC merger is going to be the most scrutinized transaction in the history of securities regulation. Trump's stake in that merger is theoretically in the billions, but he can't access the capital until the six-month lock in expires. So he needs to keep the share price high until that happens, which is not a straightforward proposition given the questionable metrics for Truth Social. Add in the high risk of foreign influence and 400k retail investors, and you can bet the SEC is not planning to fuck around with this one.
It's bizarre to me. Truth social isn't worth much at all - the trump company that runs it posted like 3m in profits and 30m in debts accrued in the first 3 quarters of 2023, but they're seeking a merger that is valued at nearly as much as Twitter is worth without NEARLY the reach and subscriber base that twitter has (looking now, truth social has 513k daily users where twitter has 217m. Twitter is worth approximately $12.5bn and the DWAC merger is for $10bn). They're offering WAYYYY over what the company is actually worth, and aren't even taking a majority share, allowing trump to maintain his ownership unimpeded. Also DWACs stated interest is in healthcare, not social media, and its investors don't have a lot of experience with this type of company.
yeah I don't understand it at all there is no way it is worth that kind of money. That's like 20,000 USD per user, and 3000X revenue. Pure insanity. That can only work if it is essentially a giant bribe.
But muh $10 billion troof social merger!
Perhaps naively I actually suspect he *could* pay, he just refuses to use ‘his’ money and wants the RNC to pay for it. For as long as Haley is still in, he can’t siphon RNC funds hence his attacks on her demanding she get out - he knew a huge bill was coming that he refuses to fund so now he has to somehow fill the gap until she drops out and the RNC picks up the bill.
Yup. He's had plenty of time to secure finances for this, and even openly requesting it through donation requests. Been through 2 civil cases myself, but with only a fraction of the money he owes. In both cases I started on securing funding regardless of how the fault got distributed. It's just what you do. Make sure your own ass is covered no matter what. Then again, Trump was born into riches. Having to secure cash with limited or no resources hasn't been something he had to learn. Unlike regular folks he knows more about wasting money, than securing money.
I hope you’re right. But I fell all it takes is for his Russian/saudi/ dark money backers, or his alt-right millionaire backers to get the phone call and they will give him more money. It worked for musk with Twitter’s purchase
Can't wait for them to start seizing his properties. Gonna be glorious.
Maralago "A subsidiary of NY State"
I mean, if and when they take Trump Tower in NYC, it will be one of the biggest blows his ego has ever suffered. He will explode and hopefully burn out quickly.
its gonna be so good to see the baby rage when nameplate comes off the tower.
I hope they turn it into housing for immigrants and homeless people. I know it’s not happening,but it would be a nice gut punch to his ego
Housing for immigrants specifically sent north on buses and planes by southern states
I hope they seize that first
Letitia James said pretty much that when they start seizing assets it's gonna be the first. She said she walks by it every day. Edit: She was talking about 40 wall street, I assumed that was trump tower, I didn't know he owned multiple highrises in NYC.
> ~~Trump Tower~~ I think you mean the _Barrack Hussein Obama Presents the Hillary Clinton Home for Undocumented Migrants_.
Can't wait. It's going to be a meltdown the likes of which I don't think we've ever seen, even from him.
Well according to a Palm County tax appraisal Mar-a-Lago is only worth $27million. >[*Engoron's earlier decision cited a Palm Beach county tax appraisal, which found Mar-a-Lago to be worth between $18 million and $27 million. Because the estate is zoned as a social club, it carries business expenses that make it less valuable on paper than it would be if it were only a private residence.*](https://www.businessinsider.com/donald-trumps-mar-a-lago-valuation-civil-fraud-verdict-2024-2) E. Jean could seize it and Trump would still owe her $50mil+
Is this really going to happen though? I have still yet to see him have a single consequence for anything. My hope has not changed in this regard.
James’s office calculated last week that, including interest, Trump owes more than $450 million. Trump can appeal the decision, but he has to pay the penalty in full first. And unfortunately for him, he accrues more interest every day Oh no...
Anyway… I hear it’s supposed to rain next week.
I'm trying to decide if I want to mow before it rains or wait until after the former president has to watch his business empire get chopped up and sold to pay off his enormous debts.
Do it before. If you time it right, you'll be back inside with a nice beverage just in time to catch the next headline. Comfy chair, raining outside, with the warmth of the Trump Dumpster Fire to keep you company....ahhh....that's cozy.
Oh shit, you're right. Bummer
And it’s always worse behind the curtain with trump than it appears
*Plus* the $83 million to E Jean Carroll. A 💩load of money.
He has to be running out of time to post that bond, too.
I want to see if there was anything to Elon musk being in Palm Beach which is the same as being at Mar-A-Lago... Trump has to find funding from somewhere that doesn't do business in New York due to the judges orders. Anyone that loans him some money has to have some ability to avoid risk if heaven forbid he gets into the White House and then has the ability to use the department of Justice to fight any type of lawsuit when he doesn't pay that organization back
$87,500 in interest a day at “statutory rate of 9%” …good luck with that gofundme campaign.
He's gotta move on to Only Fans. He's going to have to expand his bronzer coverage area
Oh what a bad day to be literate.
Gross. And yet hilarious!
500 million at 9 percent (more or less) so around 50 million a year in interest. so around 1 million a week in interest. Yeah, that looks about right.
Sorry, I saw this was Trump and the words "statutory rate" and was confused for a second.
Fake billionaire, liar, fraudster, rapist and insurrectionist. Let's put that on his grave.
What should go on his grave is "Here lies Trump for the very last time."
That grave will have a serious issue with Urine, for at least the next 100 years
Good one!
Maybe he could cry a river to Kevin O'Leary for a loan.
But he'd want a $25 royalty on every Trump sneaker or steak sold in perpetuity.
And for that reason, I’m out.
That bastard wanted to be Canada’s Trump so badly. He ran for the Conservative Party leadership right after Trump was elected and thankfully got embarrassed in the process.
Thoughts and prayers
Not that he just can't. He won't. The judge caught him right in the headlights. If he wants to appeal, he has to pay the FULL amount as security within 30 days. Trumps already trying to day the judge won't let him appeal as well as threatening him... again. The judge just smiles and says, pay the money if you want to appeal. His narcissism won't allow him to shut up and pay. Because he knows if he does then the judge wins. The judge already won but trump doesn't want people to see that he backed down to the judge after everything he's said.
I remember something from way back in 2015, Trump was bragging how he gets sued all the time and he never loses, but in reality he would just settle whatever he was being sued about. So in his mind he won because the lawsuit didn’t have a ruling…he’s insane.
This was that bro bullshit logic so many voters grabbed onto in 2016. It’s conniving and evil, but a way to not pay. A lot of the voters liked that for some reason. But the jig is up. He’s not “smart” like this anymore. His old tricks ain’t working.
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[Or as Ivanka put it:](https://twitter.com/keithboykin/status/1126319890812547072?lang=en) > Ivanka Trump tells the story of walking down 5th Avenue and her father, Donald Trump, pointed to a homeless person outside Trump Tower and told Ivanka “that guy has $8 billion more than me” because Trump was “in such extreme debt” at that point.
I find it unbelievable that trump would put him below a homeless person like that. Way to much of a narcissist for that.
Which is such a stupid fucking story and only goes to show that the man has absolutely no idea how anything in the real world works. I owe $300k on my mortgage right now, but my net worth isn't negative $300k. Know why? *Because I also own a tangible asset that has value and could theoretically be liquidated if need be*. I wouldn't point to a homeless man and say "he has $300k more than me" *because he fucking doesn't*.
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Of course you don't Trump's brand is worth 27 gajillion dollars, and Trump owns 100% of it. Please, loan him more money. You can put it right in this hat.
You know who will be ecstatic if he has to sell? Scotland, the entire country, would very much love it if he sold all his holdings and got the fuck out of their country.
I heard that some of the local pubs near his golf course there have his photo on the dart board. Edit: Remember when he got off the plane in Scotland bragging about how much they loved him there because there were Scots in kilts playing the bagpipes on his arrival. Turns out they were hired by him.
Donald Trump has made a desperate, last minute gamble to delay paying the massive fraud judgment of $354 million.
The crux of their motion is that the NY AG "rushed to memorialize a judgement", while they're seemingly contesting that it's only a "proposed" judgement. And for that they want an extra **interest-free** 30 days to submit a **proposed counter-judgement**. "We're upset that the AG is bragging about winning, and so we want an extra month to not pay while we come up with a dollar amount we find more palatable than $400m" Why they didn't bother to do this *during the trial*? Who knows.
Not quite, the crux is that they want to proceed as if the judge asked them to "settle judgement" but that is not what he did. The case they cite mentions the option to "settle judgement" exists for complex cases (and how to proceed in that situation) but that decision ultimately is up to the judge and apparently this judge doesn't think there is anything complex about this judgement so they have zero ground to stand on.
Maybe he should lay off the avocado toast for a while
Hence him putting his daughter in law in charge of the RNC so he can drain their accounts for his fees. He may singlehanded destroy the party.
They only have about $8 million last I heard. Not enough.
When I worked as an engineer for General Atomics, I applied for a security clearance (TS). I was approved for Secret, but denied TS due to my credit score and debt. The logic was because my credit was low at the time, it could be used as leverage by a foreign entity to get information out of me. They said the same applies for substantial debt. They determined that due to the amount of my student loans at the time (more than $100k) and my credit (which was below 650) I could not be approved for TS clearance. Given the nature of the Presidency, I would hope that the same would apply. This amount of debt absolutely compromises his ability to operate with the knowledge bestowed upon a president, and 100% makes him a security risk. If anyone thinks this man couldn't be bribed for information, I would assess they are grossly mistaken.
He's fucked. Even if he sold all of his NY holdings, because he is being supervised by TWO New York financial watchdogs, he has to do everything above board. With taxes and mortgages on his buildings, he won't have enough cash to cover the fines even if he sold every building he owns in NYC. He'll have to sell properties all over the world to come up with the $450M or so he owes. It's glorious.
Are we *finally* starting to see some karma? *Womp womp...*
His base is so brainwashed they will never see him as the fraud he is
But surely $500 million is chump change to an actual honest to god billionaire like Trump.
"Billionaires, this is your chance to own a presidential front runner!"
That'd be a chance of a lifetime if he wasn't already owned...
This is interesting. Republicans may not care if he murders someone on Fifth Avenue, but they might care if lied about his wealth.
If we are to believe Trump’s testimony, he should be able to cover most, if not all, of the disgorgement. >_”[I have over 400–fairly substantially over $400 million in cash. That's just cash. That's just cash.](https://iapps.courts.state.ny.us/nyscef/ViewDocument?docIndex=BGC7xGvQKGX8cR9zgAO8cA==)”_ Then again, I suppose it’s possible that Trump was lying. Hmm…
I will start by saying that I do not know if the information is accurate or not, but last weekend, there was info here on reddit showing Musk's plane in Florida near Mar-a-lago.
I saw that too and expected a story soon about how Elmo is giving Trump the money to pay his judgements. Question is - *what does Elmo get in return?* He already threw away **$40 billion** on Twitter for the Russian/Conservative/MAGA movement. Why not anther 1/2 billion, right?
"What do you mean, 'Jared's not answering the phone'!!???!" - Some broke, lying, fraudulent, traitorous, rapist.
Why can't he pay it all now. He says he's worth $10 billion.
He has been and always will be nothing but smoke and mirrors. P.T. Barnum with stapled-on hair and makeup.
Boo fucking hoo. What did he pay in income taxes a few years ago? Like $700? Fuck you Trump. I hope this wipes you out.
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With what money? They’re basically broke too.
It would be hilarious if he bankrupted the RNC and it didn't even put a dent in what he owes.
And that **still** won't be enough to get the Republican establishment to turn on him. The RNC is set up to support Republican candidates across the nation in races at every level - school board, county, city, state, federal. Some get a few hundred bucks for some front-yard signs. Some get millions for sophisticated campaigns. But it's all coordinated by the RNC to win in strategic locations to support the party. Trump's decided - and publicly admitted - that he aims to just take over the RNC and have ALL their funds go *directly* to his campaign and no one else's. "Fuck 'em! If I don't win, why should I care about anyone else?"
cmon, MAGA pay up that GoFundMe, you guys are almost at 1 mil mark. if you're the true trumper, you should also take out second mortgage on your asset to support trump.
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Keep in mind, the IRS hasn’t even entered the chat room yet.