A massive case of FAFO.
I do wonder if he can actually meet bond on Stormy's case if his current case goes to collections and recovery!
Is it my imagination? or does he shoot off his mouth a lot with nasty untruths about people, or politicians, So many lawsuits. Hmm.
Didn't he say he was worth something like 5 billion dollars not long ago? Just another lie from a man whose words never mean anything at all when you get right down to it. He should remain powerless. Putting that man back in the White House should be unthinkable."I'm not a rich man but I play one on TV."
You’re going to find out that this Donald Trump guy is not the most trustworthy person you will meet.Didn't he say he was worth something like 5 billion dollars not long ago? Just another lie from a man whose words never mean anything at all when you get right down to it. He should remain powerless. Putting that man back in the White House should be unthinkable.
IIRC he can appeal this verdict, but the AG of NYS can start selling his assets if no court stays the penalty. I believe the E. Jean Carroll case is different, and he had to post the bond to appeal. It's hard AF to keep track of all of this clown's court proceedings. Obviously his entire strategy rests on winning the election in November, unless SCOTUS rescues him. If he can't post the bond but miraculously comes up with the cash, what are we to make of that? MbS or daddy Vladdy decided to do him a solid, in exchange for?So...presuming he can't raise the cash or secure a bond to appeal...does he still get to appeal even though the state starts attaching his properties/assets?
Didn't he say he was worth something like 5 billion dollars not long ago? Just another lie from a man whose words never mean anything at all when you get right down to it. He should remain powerless. Putting that man back in the White House should be unthinkable.
Elon is somewhat of a special case. Much of his paper net worth is in Tesla stock, which until recently was a hype stock. It still is, but the story no longer makes sense. If he had to raise $500M by selling stock, he could easily do so but it would trigger a sell off that would tank the shares. He'd also have to pay capital gains tax, which he and his buddy Donald are loathsome to ever do. Elon's other major asset is in SpaceX, perhaps also a hype stock but it has a great story IMO. However it's privately held so I don't think he can do much there.As some MAGAs pointed out to me, what do I expect him to do here, billionaires don't just have that kind of cash at their disposal. I was even informed that Elon Musk, who's worth like 200 billion couldn't just make half a billion appear. So Trump has the money, he just doesn't have the money.
Maybe I'm wrong, but I don't think Elon would struggle to come up with the cash if he needed it. Same with Jeff Besos, and even Mark Cuban, who I was told was "only worth 5 billion" compared to Trump who's worth twice that. While I will agree nobody just has 500 million in their sock drawer. If Trump was worth anywhere close to what he brags about, he could make it happen within a short period of time, maybe a a few days. I'm broke so I honestly don't have a clue how long it would take even a mega rich person like Besos to come up with that kind of hard cash lol. It is definitely doable in a 30 day period.
The MAGAs all seem to think he could easily pay this, yet none can explain to me how if that was true why no insurance companies want to post the bond for him. They get like 2.5% right? Which would be over $10 million.
All this recent shit makes me wonder what amount he could actually afford to post a bond for.
Both cases are the same - a bond prevents seizure of assets during appeal. If he can’t come up with one here then NYS can start selling off assets right now.IIRC he can appeal this verdict, but the AG of NYS can start selling his assets if no court stays the penalty. I believe the E. Jean Carroll case is different, and he had to post the bond to appeal. It's hard AF to keep track of all of this clown's court proceedings. Obviously his entire strategy rests on winning the election in November, unless SCOTUS rescues him. If he can't post the bond but miraculously comes up with the cash, what are we to make of that? MbS or daddy Vladdy decided to do him a solid, in exchange for?
The sad thing is we're all truly navigating uncharted and dangerous waters along with this MFer. Yet nearly half the country doesn't realize that peril.
That would beBoth cases are the same - a bond prevents seizure of assets during appeal. If he can’t come up with one here then NYS can start selling off assets right now.
From my understanding the next step is probably Trump declaring bankruptcy if the judgment is not stayed.
He would only be bankrupt because the deep state and marxists er democrats are out to destroy him and the AMERICAN WAY OF LIFE FOR FREEDOM LOVING PEOPLE. But Trump is STRONG that not even bankruptcy can stop him from fighting for AMERICA!That would berichhilarious. Then Biden could say not only is Trump morally bankrupt, but financially too!
And the MAGAs would still support him. Even if he were bankrupt...truly insane. Not that a presidential candidate needs to be obscenely wealthy of course - it just speaks to his inability to be executive officer of the country.
IIRC he can appeal this verdict, but the AG of NYS can start selling his assets if no court stays the penalty. I believe the E. Jean Carroll case is different, and he had to post the bond to appeal. It's hard AF to keep track of all of this clown's court proceedings. Obviously his entire strategy rests on winning the election in November, unless SCOTUS rescues him. If he can't post the bond but miraculously comes up with the cash, what are we to make of that? MbS or daddy Vladdy decided to do him a solid, in exchange for?
The sad thing is we're all truly navigating uncharted and dangerous waters along with this MFer. Yet nearly half the country doesn't realize that peril.
Musk sold $22 billion of Tesla stock over a few months as part of his twitter takeover. Incl $8.5 bil in one go. Yes shareholders grumbled but I dont think $500 mil would have much of an impact on the stock.Elon is somewhat of a special case. Much of his paper net worth is in Tesla stock, which until recently was a hype stock. It still is, but the story no longer makes sense. If he had to raise $500M by selling stock, he could easily do so but it would trigger a sell off that would tank the shares. He'd also have to pay capital gains tax, which he and his buddy Donald are loathsome to ever do. Elon's other major asset is in SpaceX, perhaps also a hype stock but it has a great story IMO. However it's privately held so I don't think he can do much there.
The best tagline Democrats could use for the next 9mo or whatever is 'Donald wrote checks with his mouth that his ass can't cash.'That would berichhilarious. Then Biden could say not only is Trump morally bankrupt, but financially too!
And the MAGAs would still support him. Even if he were bankrupt...truly insane. Not that a presidential candidate needs to be obscenely wealthy of course - it just speaks to his inability to be executive officer of the country.
I did not underwrite court bonds, I was mainly in construction payment & performance. The surety I used to underwrite for was a subprime surety and they charged 2.5%. The large, traditional sureties used a sliding scale that started around 1.5% and went down as the bond face went up, to where over $100mm in one bond was down to something like 0.1%.They get like 2.5% right? Which would be over $10 million.
But do wonder what the orange monkey has invested in stocks? Considering this is what the bond companies are asking for, not straight up cash.
Also, these bond issuers have eyes: they can see how they would be providing a bond that could be difficult to collect on (presuming they weren't looking for political favors in lieu of cash).More likely underwriters glanced at his property portfolio and the debt piled on it then said "cash or equities only".
Is this hot mess fit to be president of the USA? If you're Vlad the Destroyer, sure, works for him.Oh I think such people recognize this peril and it's exactly what they want. They don't see it as peril--they see it as Daddy Don rescuing them from their own decades-long self-inflicted misery by coming to power and punishing all those that don't look and think like them. Anyone that votes for Trump or any modern conservative, really, are traitorous cvnts. Their ruinous, pure fascist ideology can't be allowed to survive.