The Trump Arrest thread

March 18th, 2024 at 10:26:26 AM permalink
rxwine
Member since: Oct 24, 2012
Threads: 189
Posts: 18764
His appeal bond go fund me now at…

Quote:
$1,356,780 raised of $355,000,000 goal
You believe in an invisible god, and dismiss people who say they are trans? Really?
March 18th, 2024 at 11:58:44 AM permalink
rxwine
Member since: Oct 24, 2012
Threads: 189
Posts: 18764
Quote: OnceDear
Poor, Poor Drumph!
"Trump is unable to make $464 million bond in civil fraud case, his lawyers tell court"

Fair enough, neither could I, so I can't crow about that.



Hopefully, you're not dumb enough to insult the judge, insult his staff, not follow your lawyer's advice in general as well as be able to keep your mouth shut so not ending up with a gag order.

Be glad you're not a "stable genius".
You believe in an invisible god, and dismiss people who say they are trans? Really?
March 18th, 2024 at 12:36:20 PM permalink
OnceDear
Member since: Nov 21, 2017
Threads: 11
Posts: 1510
Quote: rxwine
Hopefully, you're not dumb enough to insult the judge, insult his staff, not follow your lawyer's advice in general as well as be able to keep your mouth shut so not ending up with a gag order.

Be glad you're not a "stable genius".


Now I'm puzzled as to what happens next? Enlighten me........

Drumph seems to be in a fix, but knowing his propensity for playing for time and calling in BIG favours, while also knowing that his debt on this bond is accruing interest, what now?

Prosecutors can start steps to seize his assets, but I assume they'll take many months, way past the election, He'll be trying to get the judgement quashed, somehow, god knows how, by political means. Can he somehow get the SC to do a hit job on the judgement, making the penalty and bond moot?

Feels a bit risky doubling down again, but it's what he does.

It looks like the attack vector will be the 'unfairness of the judgement. What levers can drumph pull to get it reviewed and cancelled or deferred long enough to never need to pay it?

Trump campaign spokesman Steven Cheung blasted the size of the fraud judgment. So that confirms the attack vector.

“A bond of this size would be an abuse of the law, contradict bedrock principals of our Republic, and fundamentally undermine the rule of law in New York,” Cheung said. “President Trump will continue fighting and beating all of these Crooked Joe Biden-directed hoaxes and will Make America Great Again.”

Yeah? But how?
March 18th, 2024 at 1:10:59 PM permalink
DoubleGold
Member since: Jan 26, 2023
Threads: 30
Posts: 2506
Everyone in the USA might vote for Trump now. :)
March 18th, 2024 at 1:40:13 PM permalink
GenoDRPh
Member since: Aug 24, 2023
Threads: 0
Posts: 645
Quote: OnceDear
Now I'm puzzled as to what happens next? Enlighten me........

Drumph seems to be in a fix, but knowing his propensity for playing for time and calling in BIG favours, while also knowing that his debt on this bond is accruing interest, what now?

Prosecutors can start steps to seize his assets, but I assume they'll take many months, way past the election, He'll be trying to get the judgement quashed, somehow, god knows how, by political means. Can he somehow get the SC to do a hit job on the judgement, making the penalty and bond moot?

Feels a bit risky doubling down again, but it's what he does.

It looks like the attack vector will be the 'unfairness of the judgement. What levers can drumph pull to get it reviewed and cancelled or deferred long enough to never need to pay it?

Trump campaign spokesman Steven Cheung blasted the size of the fraud judgment. So that confirms the attack vector.

“A bond of this size would be an abuse of the law, contradict bedrock principals of our Republic, and fundamentally undermine the rule of law in New York,” Cheung said. “President Trump will continue fighting and beating all of these Crooked Joe Biden-directed hoaxes and will Make America Great Again.”

Yeah? But how?


Donnie can ask the trial court to reduce the bond amount (he already tried to get it reduced to $100 million). Today he asked the trial judge to eliminate the bond requirement entirely, since he owns real estate in NY and that real estate isn't going anywhere. IF those efforts fail, then he can appeal to the state appellate courts. But, my sense is Donnie can't appeal the decision unless he posts some type of bond, so the judgement's money is protected. The AG has already stated she's ready to move full spead ahead with asset seizure.

Donnie can appeal throw the NY state court system, and the federal courts have absolutely no role. He can't even appeal the Federal courts once the state courts are done. He can, however, appeal any NY state high court decision to the SCOTUS.

If the AG's office does try and repossess Donnie's properties in NY, it will be quite the mess. In addition to the legal challenges, Donnie's properties are all mortgaged to the hilt and those lien holders may have something to say about who gets what money in the end.

This was a civil trial and a civil court decision in NY state. IDK if the NY state government can get involved, with say a pardon or something like it. Even if they can, politically it would be a nonstarter for the state office holders. The US Congress doesn't get a voice, neither does the Office of the President. Donnie's political chits are worthless here.
March 18th, 2024 at 2:01:39 PM permalink
OnceDear
Member since: Nov 21, 2017
Threads: 11
Posts: 1510
Quote: GenoDRPh
Donnie can ask the trial court to reduce the bond amount (he already tried to get it reduced to $100 million). Today he asked the trial judge to eliminate the bond requirement entirely, since he owns real estate in NY and that real estate isn't going anywhere. IF those efforts fail, then he can appeal to the state appellate courts. But, my sense is Donnie can't appeal the decision unless he posts some type of bond, so the judgement's money is protected. The AG has already stated she's ready to move full spead ahead with asset seizure.

Donnie can appeal throw the NY state court system, and the federal courts have absolutely no role. He can't even appeal the Federal courts once the state courts are done. He can, however, appeal any NY state high court decision to the SCOTUS.

If the AG's office does try and repossess Donnie's properties in NY, it will be quite the mess. In addition to the legal challenges, Donnie's properties are all mortgaged to the hilt and those lien holders may have something to say about who gets what money in the end.

This was a civil trial and a civil court decision in NY state. IDK if the NY state government can get involved, with say a pardon or something like it. Even if they can, politically it would be a nonstarter for the state office holders. The US Congress doesn't get a voice, neither does the Office of the President. Donnie's political chits are worthless here.


Thanks for the explanation.
So, it was a State imposed civil penalty and you say he can't appeal to the federal courts.... But he can appeal to SCOTUS? Isn't that a likely attempt to extricate himself.

If as DoubleGold suggested, he romps to president, could he pressure NY State authorities to backtrack. It'll be a race, though. Quash the legal process while he still has some assets.


And all those mortgaged properties...... It's going to be revealing of how little equity he has in the properties that he claims to 'own'

This superlative deal maker is going to have his skills tested.

Now...... What if ..... drumph or his friends had ZERO respect for laws and norms. Is there anyone that could make this go away with violent means? Say, a foreign power with the power of life or death over someone? If we can have incursions on the Senate, we could not rule anything out. Think the unthinkable.
March 18th, 2024 at 2:22:57 PM permalink
OnceDear
Member since: Nov 21, 2017
Threads: 11
Posts: 1510
Quote: GenoDRPh
... he owns real estate in NY and that real estate isn't going anywhere. IF those efforts fail, then he can appeal to the state appellate courts. But, my sense is Donnie can't appeal the decision unless he posts some type of bond, so the judgement's money is protected. The AG has already stated she's ready to move full spead ahead with asset seizure.


The selling under distress that might happen will surely devalue those assets. I wonder if something could trigger a cascade of foreclosures?

Drumph's biggest asset is his brand name. That could be his biggest liability now.

Emperor's new clothes?
March 18th, 2024 at 2:34:25 PM permalink
GenoDRPh
Member since: Aug 24, 2023
Threads: 0
Posts: 645
Quote: OnceDear
Thanks for the explanation.
So, it was a State imposed civil penalty and you say he can't appeal to the federal courts.... But he can appeal to SCOTUS? Isn't that a likely attempt to extricate himself.

If as DoubleGold suggested, he romps to president, could he pressure NY State authorities to backtrack. It'll be a race, though. Quash the legal process while he still has some assets.


And all those mortgaged properties...... It's going to be revealing of how little equity he has in the properties that he claims to 'own'

This superlative deal maker is going to have his skills tested.

Now...... What if ..... drumph or his friends had ZERO respect for laws and norms. Is there anyone that could make this go away with violent means? Say, a foreign power with the power of life or death over someone? If we can have incursions on the Senate, we could not rule anything out. Think the unthinkable.



State laws=state court decisons. Federal courts can't review state court decisions, except in cases where Federal laws are involved. SCOTUS, however, has appellate jurisdiction over state high court decisons. Sometimes they use it, and sometimes they don't.

A Donnie reelection most likely will have no impact on these state proceedings. Again state law=state court. The Presidency is a Federal office.

It is well known that Donnie is mortgaged tothe gills, and has been for decades. While he may have hundreds of millions in cash on hand, and property holdings worth billions, his liabilities are also shockingly high in percentage to his holdings.
March 18th, 2024 at 2:47:22 PM permalink
OnceDear
Member since: Nov 21, 2017
Threads: 11
Posts: 1510
Another question.....

The $450M judgement. Is that against drumph the individual, or 'The trump Organisation' legal entity?

If it's against him. then his shares in TTO are his equity and they are founded on TTO's own limited equity in the properties. So LD would be seizing his shares and then forcing TTO to liquidate assets? Assets that might have negligible or negative value?

But if the judgement is against him as an officer of TTO and the TTO is the one that needs the fund to pay its penalty, then can't TTO go corporate bankrupt, and drump's only loss would be the value of his shares. It's sure to smart either way.

For so long drumph has claimed ownership of the trump Organisation. He might have had control, but it looks like all he owned were liabilities? A bit like trump trainers. He has simply licenced his name to some ghostly entity that he has no part in.
March 18th, 2024 at 3:01:14 PM permalink
GenoDRPh
Member since: Aug 24, 2023
Threads: 0
Posts: 645
Quote: OnceDear
Another question.....

The $450M judgement. Is that against drumph the individual, or 'The trump Organisation' legal entity?

If it's against him. then his shares in TTO are his equity and they are founded on TTO's own limited equity in the properties. So LD would be seizing his shares and then forcing TTO to liquidate assets? Assets that might have negligible or negative value?

But if the judgement is against him as an officer of TTO and the TTO is the one that needs the fund to pay its penalty, then can't TTO go corporate bankrupt, and drump's only loss would be the value of his shares. It's sure to smart either way.

For so long drumph has claimed ownership of the trump Organisation. He might have had control, but it looks like all he owned were liabilities? A bit like trump trainers. He has simply licenced his name to some ghostly entity that he has no part in.


The decision breaks down who-Donnie, Erick, Don Jr, each accountant and the orgnaizations and trusts and companies themselves owes how much. And it states how much each person is jointly and severally liable for. The decision lists dollar amount, not shares of stock or controlling interest or deeds or equity in property. Sooner or later, if the decision holds, Donnie et al will have to write a very big check. Even if the AG forecloses on property and is sold at a fire sale, or seizes equity in businesses that end up worhless, Donnie et at will still have to make up the difference.