ex-President Trump
I assume it's still acceptable to have a Trump thread in a Politics forum?
So this is an obvious lie - basically aimed at low-info Boomers like my religions aunts. I have two questions:
a) Is anyone here who supports Trump bothered by lies like this?
b) Does anyone know what he's even talking about here? Like is there some grain of truth that he's embellishing on bigly?
My understanding is only actual bond companies make that a requirement. Insurance companies (like he used for the other case) and banks can do what they want.
Yes I also think that's not a legal/regulatory requirement, but as I mentioned the haircut for illiquid property would be very substantial, as distressed sales of commercial real estate in particular, in particular in this market, can yield a lot less than estimated fair value.
And ofc it has to be real estate clean of any mortgages which would be fairly unusual, some leverage is usually kept around for various reasons
Because bond issuing as per article requires liquid collateral usually.
I suppose with huge haircuts he could secure a bond using property, but for approx half a bill he might need more than a billion in property without any mortgage on it and I am not sure he has that much
Depends who's asking, the bank or the tax man?
https://www.cnbc.com/2024/03/18/trump-ca...
[QUOTE=CNBC]Former President Donald Trump has been unable to obtain an appeal bond to secure a $454 million civil judgment against him in a New York business fraud case, his attorneys said in a court filing Monday.
Lawyers for Trump and his co-defendants said it has been “impossible” for them to secure a complete appeal bond, which would effectively require “cash reserves approaching $1 billion,” which neither the former president nor his company has.
Trump’s team has approached, without success, around 30 surety companies through four separate brokers as he seeks an appeal bond, and they have spent “countless hours negotiating with one of the largest insurance companies in the world,” according to the filing with the Appellate Division of Manhattan Supreme Court.[/QUOTE]
I thought this guy was a multi-billionaire?
life comes at ya' fast when your entire world is based upon lies
In assets on paper probably is .
He can’t pay his bond and Fani Willis is still on the Georgia case. Good week so far for orange man.
It seems likely it is true that he genuinely cannot get such a large bond. I can't imagine anyone giving it to him without at the very minimum a very lengthy period of due dilligence.
If so what's the legal position regarding his appeal?
He can still appeal but the AG can go after his assets to satisfy the judgment during the process.
So we could get to a situation where he has his assets dismantled and sold off before the appeal?
or would it be more about taking control of the assets pending the appeal?
Are these the Jan. 6 'hostages' Trump promises to free?
By dangling pardons for the rioters,
Trump’s not just trying to keep people loyal to him. He’s also letting elites and his base know that
any future violence they plan or commit in the interests of returning him to power will be forgiven.
It seems mind-boggling that Trump, the self-professed “law and order candidate,” is planning to wipe out the
6 1/2-year sentence of Ralph Joseph Celentano III, who grabbed an officer at the Capitol and threw him over a ledge.
Julian Khater used a can of bear spray to attack Capitol Police officers who were trying to hold the
line against attackers. One of the officers Khater sprayed was Brian Sicknick, who died the next day.
Brian Christopher Mock, who bragged that he “beat the s--- out of a police officer,”
Or Peter Stager, who was sentenced to 52 months in prison for assaulting a Capitol police officer with a flagpole.
Stager declared that “every single one of those Capitol law enforcement officers,
death is the remedy, that is the only remedy they get.” Is he on Trump’s list?
Or Daniel “DJ” Rodriguez, who was sentenced to 12 years in prison
for driving a stun gun into the neck of police officer Michael Fanone.
There’s also Ronald Colton McAbee, the off-duty sheriff’s deputy who
grabbed the leg of a fallen police officer and dragged him toward the mob.
McAbee was wearing reinforced knuckle gloves, and when another officer tried
to help his downed colleague, McAbee swung at the officer’s head and body.
Vincent J. Gillespie grabbed a riot shield from police, using the stolen shield to ram law enforcement
officers while “screaming ‘traitor’ and ‘treason,’ as he points to a law enforcement officer.
A federal judge sentenced him to 5 1/2 years.
Peter Schwartz went to the Trump-inspired insurrection armed with a
wooden tire knocker and assaulted police with a chair and chemical spray.
After the attack on the Capitol, he boasted in a text message that
he had thrown “the first chair at the cops,” bragging, “I started a riot.”
Prosecutors noted that Schwartz had nearly 40 prior convictions for
assaults and threats to officers. He’s now serving a 14 year sentence.
Steam if you don't like pardon powers, and there are many good reasons to dislike then, why don't you campaign to remove them?
By only criticizing their use by republicans it might look like you want democrats to be able to free terrorists with pardon as they did, but not republicans
Steam if you don't like pardon powers, and there are many good reasons to dislike then, why don't you campaign to remove them?
By only criticizing their use by republicans it might look like you want democrats to be able to free terrorists with pardon as they did, but not republicans
Im guessing he's criticizing specifically trump, not Republicans (which he really isn't)
In the end, winning the first election was always going to be his undoing financially. Everyone who has known him since the 80's knows he is just a dipship scion that ****ed everyone at every opportunity, be it business, or banks, or even the IRS. But he was always able to keep the balls in the air with fixers like Cohen.
Once he went under the microscope of the presidency, his businesses were exposed for the house of cards(and adjudicated fraud) that they are.
In the end, I love that all he had to do was bloviate from the golf course for the rest of his life and be everyone's silly old blowhard uncle, but he ****ed it up and will likely lose everything. Tee ****ing hee.
Im guessing he's criticizing specifically trump, not Republicans (which he really isn't)
Ok, still a critic of pardon powers.
The constitution doesn't limit them which means the founding laws of the nation allow POTUS to use pardon how he sees fit, and any choice is fully compatible with the highest law of the land.
I agree that's an insane power to give to a single individual btw. But that's not just the law, that's the pillar of the law.
So if you hate the idea of that power being used in ways you consider very much against your core values, it's proper to consider that power should not be given to anyone.
Because in general, sooner or later someone you deeply despise to the core will hold every office, so never give any office a power the most vile person you can think of could abuse.
Btw this is what happened in the state of Georgia. Pardon powers were abused grotesquely by governors in the 19th century, the people said "**** it" and changed the state constitution to require (iirc) a legislature vote on pardons
In the end, winning the first election was always going to be his undoing financially. Everyone who has known him since the 80's knows he is just a dipship scion that ****ed everyone at every opportunity, be it business, or banks, or even the IRS. But he was always able to keep the balls in the air with fixers like Cohen.
Once he went under the microscope of the presidency, his businesses were exposed for the house of cards(and adjudicated f
I might be wrong but I simply think his businesses were built on cheap credit recently, and current rates simply kill him
So we could get to a situation where he has his assets dismantled and sold off before the appeal?
or would it be more about taking control of the assets pending the appeal?
They go into it in this vid.
Imagine bad-mouthing the judge presiding over your case while it's happening,
then begging him afterwards to lower or postpone his bond.
Mister "Art of the Deal"
In Vegas Donnie's non-gaming resort was built in 2008. Some contractors still haven't been paid.
By the way, do you know why there is no gambling in Donnie's hotel in Vegas?
HE COULDN'T GET A GAMING LICENSE in a city where even convenience stores have gaming license
They go into it in this vid.
Imagine bad-mouthing the judge presiding over your case while it's happening,
then begging him afterwards to lower or postpone his bond.
Mister "Art of the Deal"
I could be wrong because american law is really complicated (and I understand why that's the case, complex societies are complex) but I thought he asked the appeal court for a lower amount bond, not the same court which judged him.
Am I wrong?
So we could get to a situation where he has his assets dismantled and sold off before the appeal?
or would it be more about taking control of the assets pending the appeal?
No it's worse than that.
He CAN'T APPEAL unless he either pays (put money in escrow) or posts a bond.
And the amount is fines x 1.2, +20% (for interest).
If he doesn't cough up the money the state can start liquidating his assets
Steam if you don't like pardon powers, and there are many good reasons to dislike then, why don't you campaign to remove them?
By only criticizing their use by republicans it might look like you want democrats to be able to free terrorists with pardon as they did, but not republicans
Replies like this really expose your continual circular straw-manning that you do quite verbosely in this thread.
Never a reply to the question at hand, but always a made up, what-if, both-sidesing of reality. The volume of what you do here is very strange.
Replies like this really expose your continual circular straw-manning that you do quite verbosely in this thread.
Never a reply to the question at hand, but always a made up, what-if, both-sidesing or reality. The volume of what you do here is very strange.
? I am not strawmanning, I am saying that trump declared intention of using pardon powers to pardon people who clearly committed heinous acts (I am on record saying all Jan 6 trespassers should have been shot dead by armed officers) , clearly exemplifies why pardon powers shouldn't rest on POTUS alone.
And I cite other previous abuses to enforce that idea.
The American constitution is strong because it gets changed when rare events happen.
We are facing the first POTUS, or candidate for POTUS, campaigning on pardoning criminals that he thinks are aligned with him politically, that's a crying call to ****ing change pardon powers
No it's worse than that.
He CAN'T APPEAL unless he either pays (put money in escrow) or posts a bond.
And the amount is fines x 1.2, +20% (for interest).
If he doesn't cough up the money the state can start liquidating his assets
I can't find that anywhere. Is it true?
jjjou812 and googling news sites says the bond is required to prevent enforcement of the judgement while he appeals.
I can't find that anywhere. Is it true?
jjjou812 and googling news sites says the bond is required to prevent enforcement of the judgement while he appeals.
What that he HAS to post bond or he can't appeal?
I might have simplified matters, if I understand it correctly if it doesn't post bonds the state can start liquidating properties from march 25, but he can still appeal. Which is like having lost, they would sell under markets his most iconic properties and so kn
Generally speaking, a stay, a bond or an agreement of the parties are the mechanisms available to stop the collection of a judgment during an appeal. Unless NY has some unique process, i assume this applies here.
Sorry another out of interest legal question. If they sell of his assets and he substantially wins the appeal then can he sue for any loses?
