Donald Trump: Classic or Dud?

Wonder if it might also be harder to bond it than a regular civil judgment, as a fraud judgment is not dischargeable in bankruptcy, where a regular civil judgment might be.

https://www.pbwt.com/bankruptcy-update-blog/supreme-court-holds-that-fraud-exception-to-debt-discharge-can-include-fraud-by-someone-other-than-the-debtor#:~:text=Section%20523%20of%20the%20Bankruptcy,a)(2)(A).

is the story that he can't pay the full $454 mill or that he can't even secure a bond?

Both, but especially the latter. No one will lend him the money. And as I understand it, barring a stay from some appeals court, the NY Attorney General's office can start seizing assets on March 25.

A process which isn’t automatic — it’s not like she’ll get everything like that — but still, not great for him!

I believe visiting is right re: the issue with the bond is the collateral. Trump doesn't have access to normal lending and the lending/bonding he does have access to will want assets equal to the full value of the bond, not some portion of the bond. Some of these limited sources will accept real estate as collateral, which is Trump's significant assets, but it is complicated, apparently.

*only* significant

I can't imagine it happening, but if the seizing started they should start with Mar a Lago and send his whole life into disarray.

I'm imagining Trump refusing to turn over the keys to Mar a Lago, hiding them behind his back, running around the grounds being chased by the deputies come to execute, while the Benny Hill song plays.

I’m imagining him getting taken down like Scarface, except his “little friend” is just Giuliani.

doesn't florida have special *not my mansion you don't* laws? i thought that was why all those assholes lived down there.

Waco style stand off or gtf.

I'm imagining Trump refusing to turn over the keys to Mar a Lago, hiding them behind his back, running motoring his Rascal around the grounds being chased by the deputies come to execute, while the Benny Hill song plays.

lol PBKR

The thing is, we all can imagine this scene so easily

Tossing the keys to a Secret Service guy, who tosses them to another Secret Service guy, etc

doesn't florida have special *not my mansion you don't* laws?

Art. X, Section 4 of the Florida Constitution exempts every state resident's homestead from "forced sale under process of any court, and no judgment, decree or execution shall be a lien thereon."

But of course there is the question of whether it even is, legally, his residence, which it probably isn't, because there is nothing about this asshole that is ever cut and dry, legally. He's probably a legal resident of Curacao or some shit.

Maybe our Floridians can provide insight but it looks houses can be foreclosed on and sold by the mortgagers. Florida was one of the worst places hit in the foreclosure crisis.

Mar a Lago is deed restricted and cannot be anyone's residence, ever. So that would not protect it. Trump is only allowed to live there as an employee of the club.

“Who Will Buy My Memories?” (Mar A Lago remix featuring Pit Bull).

The January 6 Hostage Choir- "I Ain't Got No Home in This World"

Haha this is pretty obviously the guy himself calling into the NY Post and trying to spin this.

https://nypost.com/2024/03/20/business/donald-trump-may-not-pay-bond-and-instead-let-letitia-james-seize-trump-tower-insiders/

xpost

Donald Trump may not pay bond — and instead let Letitia James seize Trump Tower: insiders

As Donald Trump faces a Monday deadline to post a $454 million bond in the civil fraud case against him in New York, insiders said he may be weighing a little-discussed option: Doing nothing.

The ex-president reportedly has been struggling to raise the cash for the bond — either from banks or wealthy friends — with his lawyers claiming on Monday that it was a “practical impossibility.”

While some reports have raised speculation that Trump may “go nuclear” with a Chapter 11 filing to protect his prize real estate assets across Manhattan, experts said bankruptcy would create unwelcome complications as the 2024 election season comes to a head.

“He’s been there and done that,” one insider close to Trump said, dismissing the prospect of a Chapter 11 filing.

A third possibility, however, is to let the deadline pass, leaving it to New York Attorney General Letitia James to seize Trump’s bank accounts or buildings — including Trump Tower, from which he declared his 2016 presidential run, and which famously includes his personal penthouse.

It’s an option Trump appears to have considered – partly because he believes the chances are good that he could recover the assets on appeal, even if he is forced to take his case to the US Supreme Court, according to friends.

“Even if there is a taking, it doesn’t mean he can’t take it back later,” a source close to Trump told The Post.

A decision to do nothing poses risks of its own — among them that the New York AG’s Office has the right to sell off any properties it confiscates in order to recover the cash penalties it is owed.

“They are going after the money and that’s all he has a right to get back, not the buildings — unless the judgment is reversed before they are sold,” said Adam Leitman Bailey, a New York-based attorney who’s focused on the commercial real estate sector.

Sources friendly with Trump say the ex-president believes he has a strong case. Among other considerations, if the decision is not overturned, “it will have a chilling effect on people who do business in New York because it could happen to anyone,” according to one insider.

“There will be severe consequences — not an insurrection. People will stop doing business in New York. No one will take the risk, and lenders are now spooked. The real estate market is already a disaster, with office buildings worth a fraction of what they were once worth, and there are metastasizing effects when a large part of the city’s budget is from real estate.”

One source close to Trump insisted that he could raise funds from wealthy “friends and supporters,” but so far has not chosen this path.

I think he should definitely test these theories

Yeah, not surprised that he's thinking that he can just bank on the Supreme Court he handpicked to bail him out.

as with all major and continuing crimes that we all commit on a daily basis, there shouldn't be any penalty or repercussions, but instead a third national election to decide our fate, after the first two ended with 1) losing and becoming president and 2) losing and not becoming president

“He’s not an ‘I’m passing the hat’ man — he doesn’t want pity or for anyone to feel sorry for him,” the source claimed.

He's a fuckin' grifter and so are you.

hot too hot too skimadee bing bong boom hot too

lol at the NYAG responding that there is not reason Trump needs a $450 million bond when he can simply pursue multiple smaller denomination bonds.

lmao @ this "no one's gonna want to do business in New York if they can't commit massive fraud" line of reasoning here

That's sort of the implicit "everybody does it!) defense of the (iirc?) Shark Tank asshole who keeps making the rounds, for some reason.

haley got 150k votes in the florida primary yesterday. the primary was closed (GOP) only, and voting began after haley withdrew. probably nothing.

Classic John Barron in that NY Post article.

xpost From the WaPo:

Yet again, we saw more Republican primary voters voting against Trump than Democratic ones voting against Biden.

About 1 in 5 voters voted against Trump in Arizona, Florida, Illinois and Ohio. And about one-quarter voted against him in Kansas.

By contrast, Biden ceded closer to 1 out of 10 votes in most states holding primaries Tuesday.

A few observations from the results and exit polls:

There has been some question about just how much Nikki Haley’s showings owe to early voters who cast ballots before she dropped out. But about half of Ohio’s early voting took place after she dropped out, meaning a significant protest vote appears to remain.

Exit polls there also showed 75 percent of Republican primary voters said they would “definitely” back Trump, with 9 percent “probably” backing him. The rest said they were leaning toward Biden (9 percent) or wouldn’t vote for either (7 percent).

It’s possible that includes many voters who were predisposed to voting against the GOP nominee and showed up to register their dismay, as appears to have happened in Georgia. But Florida’s primary Tuesday suggests there might be something more significant at play.

Nineteen percent of Florida GOP primary voters voted for a candidate not named Trump. (That included 4 percent for home-state Gov. Ron DeSantis, who dropped out of the race two months ago and whom Trump has attacked recently.)

That was actually less of a protest vote than in Illinois and Ohio. But crucially, Florida has closed primaries. That means only registered Republicans could vote. In many of these other states, independent voters and even Democrats could come out to vote against Trump, but that wasn’t the case in Florida.

Florida also began its mandatory early-voting period after Haley dropped out, meaning this appears to be more of a pure protest vote from actual Republicans.

If the trend holds, it appears as if about 1 in 5 GOP primary voters are just going to keep voting against Trump.

Also saw something about the Biden campaign focusing on Texas and Florida, not to win them, per se, but to force the (underfunded) RNC to spend there.

I was going to post something similar about The State With the Prettiest Name. I'm still not convinced that in November these anti-Trumpers won't vote for the fucker again b/c Biden the socialist is worse.

what did you want to say about idaho, soto?

“He’s not an ‘I’m passing the hat’ man — he doesn’t want pity or for anyone to feel sorry for him,” the source claimed.

Oh wait, we must be talking about some other Donald Trump, one who doesn't bleat like an infant with colic over every tiny self-inflicted infraction he's ever suffered.

definitely feels like Trump could win back some of those voters by moderating his message instead of going with this "America sucks and everyone is laughing at us" thing, but he's now referring to the J6ers as "hostages" so I don't think that'll happen

passing the hat w/ Trump is when somebody passes him the hat to pay what he owes them and he then walks outside Mar-a-Lago and hands the hat to the groupies standing outside, and then after collecting money and the hat owners come to pick up the hat and the money inside, and Trump says it's actually his hat, his dad gave it to him, everybody knows it was his hat.

"America sucks and everyone is laughing at us"

this is the go-to line that my well-educated, very successful, and in almost every other way very thoughtful, and kind trumpy relations validate their trumpiness. to the extent they bother justifying it to me. my attempts to reason with them, or altly, to shame them, get sad eyerolls.

"America sucks and everyone is laughing at us”.

he's been using that line for a long time, dating back to at least the late 80s. in 2016 i watched a bunch of old videos of him and in the 80s he was obsessed with japan being evil and always said that everyone there was "laughing at us"

Most countries are rolling disasters, I don't think "they're laughing at us" has ever had much juice (even though both parties deploy it as they deem useful).

From that article about Trump's money squeeze, this line is hilarious: "People will stop doing business in New York." I could be wrong because it's not like I know any of them, but I really really do not think that many prominent business people see Trump's legal woes as indicative of anything except the consequences of being a bullshit artist, rapist and insurrectionist.

he was obsessed with japan being evil and always said that everyone there was "laughing at us"

he's been faking having hair for decades, i'm p sure people have always been laughing at him

People have been laughing at us for decades. Mostly because of Adam Sandler.

Obviously America sucks, just look at NYC, where no one wants to live or visit because you run the risk of someone unhinged and crooked Very Unfairly taking your beautiful, perfect building from you.

Any voter who cites "other countries are laughing at us" as their reason to vote for Trump are just using it as a convenient blanket statement expressing their messy, incoherent emotions about the world around them, but the bulk of those emotions are fear, hatred, greed, and confusion because that's the whole basis of Trump's appeal.

you think you're gonna take America away
with your money and your cocaine

It wasn't that long ago that assembled world leaders did, in fact, laugh at him.

the it could happen to anyone part of the "one insider"'s quote from that Post article is killing me

they asked melania if she was going to campaign with her husband all she said was: "Stay tuned"". still waters run...still.

that's literally all she said. i think that's all she has said in public since Trump was actually President.