THROUGH HARD WORK, TALENT, AND LUCK, I CURRENTLY HAVE ALMOST FIVE HUNDRED MILLION DOLLARS IN CASH, A SUBSTANTIAL AMOUNT OF WHICH I INTENDED TO USE IN MY CAMPAIGN FOR PRESIDENT. THE OFTEN OVERTURNED POLITICAL HACK JUDGE ON THE RIGGED AND CORRUPT A.G. CASE, WHERE I HAVE DONE NOTHING WRONG, KNEW THIS, WANTED TO TAKE IT AWAY FROM ME, AND THAT’S WHERE AND WHY HE CAME UP WITH THE SHOCKING NUMBER WHICH, COUPLED WITH HIS CRAZY INTEREST DEMAND, IS APPROXIMATELY $454,000,000. I DID NOTHING WRONG EXCEPT WIN AN ELECTION IN 2016 THAT I WASN’T EXPECTED TO WIN, DID EVEN BETTER IN 2020, AND NOW LEAD, BY A LOT, IN 2024.THIS IS COMMUNISM IN AMERICA!
I mean it's ludicrously overvalued as an actual investment - I don't think it's being viewed as an actual investment though and is viewed more as a vehicle for people/foreign governments to bribe Trump.I hope he's as bitter and stressed out on the inside as he sounds in his rants. With any luck he'll keel over or have some kind of Tums reaction.
Sucks to engage in fraud and actually get caught and have to pay a price, just like all the little people. He's so arrogant that none of what he did had even a token element of guile about it.
Still, we'll see if he actually does pay anything, I'll believe it when it happens. He may get a huge payday from Truth Social going public I read today, though the article does say it might not be easily leveraged since most investors will believe it's overvalued (which is the understatement of the year).
Doesn’t matter some Uber rich foreign guy will buy a shit ton of itI mean it's ludicrously overvalued as an actual investment - I don't think it's being viewed as an actual investment though and is viewed more as a vehicle for people/foreign governments to bribe Trump.
It's essentially a failed Twitter clone with almost no users and almost no revenue.
That valuation is not going to come from retail investors buying the stock (outside of a few dumbass super fans). It's coming from corruption.I read that its current stock value is 3 billion dollars. Nuts. What a world the uber-rich (or uber-rich pretenders) live in. Loans, valuations and bilking the working poor, who then turn around and vote for them.
well, it's official, Truth Social is going public under the symbol DJT, as soon as next week...
Trump's Truth Social company completes merger that could net him over $3 billion
Donald Trump's Truth Social has completed a merger that could net him over $3 billion -- but a provision in the deal keeps him from immediately selling his shares.abcnews.go.com
the good news is...
"However the deal currently includes a lockout provision that prevents Trump from immediately selling or getting loans based on his shares"
Easy answer is “you can’t pay bills with stock”Coming soon...
"I offered to pay my fines by giving New York $454 million worth of Truth Social stock...and they refused. It's a witch hunt!"
From the piece;Keep flapping those gums dumbass. Sure seems suddenly you now have the cash is not in your best interest.
Experts: Trump Truth Social post "dumbest thing he could've done"
“Now he can’t claim hardship to get a stay,” Norm Eisen says after Trump boasts $500 million “IN CASH.”www.salon.com
Lying cheapskate till the end.
It sounds like what's going to happen here is James is going to go after it and Trump will have to admit, again, that he's broke. lol.From the piece;
Former Watergate prosecutor Nick Akerman agreed that the post was “the dumbest thing he could have possibly done.”
“That is a direct admission by him that he has the money,” he told CNN in a clip flagged by Mediaite. “Now, keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts. Everything that relates to him and all of that money is going to be tied up and frozen. So if he’s really got that money, he’s got to put it up.”
He will just say not in these words but to this effect.From the piece;
Former Watergate prosecutor Nick Akerman agreed that the post was “the dumbest thing he could have possibly done.”
“That is a direct admission by him that he has the money,” he told CNN in a clip flagged by Mediaite. “Now, keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts. Everything that relates to him and all of that money is going to be tied up and frozen. So if he’s really got that money, he’s got to put it up.”
Didn't he already admit, rather testify (lie??) that he had $500 million in liquid assests at the beginning of the trial, while under oath?From the piece;
Former Watergate prosecutor Nick Akerman agreed that the post was “the dumbest thing he could have possibly done.”
“That is a direct admission by him that he has the money,” he told CNN in a clip flagged by Mediaite. “Now, keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts. Everything that relates to him and all of that money is going to be tied up and frozen. So if he’s really got that money, he’s got to put it up.”
April 2023, sworn video deposition, by one Mr. Trump: “I have over 400 — fairly substantially over $400 million in cash. That’s just cash. That’s just cash.”Didn't he already admit, rather testify (lie??) that he had $500 million in liquid assests at the beginning of the trial, while under oath?
So...charge him with perjury...April 2023, sworn video deposition, by one Mr. Trump: “I have over 400 — fairly substantially over $400 million in cash. That’s just cash. That’s just cash.”
Court transcript:
He will just say some accountant told him that and at the time it was reasonably accurate. Then he will do what he always does is run the clock as long as possible.So...charge him with perjury...