Mega-Thread: Trump Focused Discussion

[Endus]

And then what? He'll be fined some more, which he will not pay.

If he claims he can't pay, he'll be obliged to sell his entire asset portfolio and pay what he can, and then he'll have any future income garnished until his penalties (with interest) are paid in full.

He can claim he can't pay if he's living at home eating ramen and making no income off anything until he dies. Otherwise, any money that comes in can go to pay his penalties before he gets to use it for anything else.

[Breccia]

And then what?

Well, if he commits perjury, he goes to jail. It's not a fine.

- - - Updated - - -

use the DOJ to circumvent all the state lawsuits.

I'm not sure that's an option, especially with Georgia. At best, he can hide in the WH while NY and GA ask if they have the balls to continue. I don't think the DoJ can take over the NY case, for example, and claim it's a federal matter, when NY has state laws and a head start. Besides, double jeopardy wouldn't apply if he did somehow manage to steal the court cases and sit on them. He could try to make the fed/state struggle take a while, but that's it. And with Georgia, I think it's impossible.

EDIT: I want to expand on that. Over the last three years, Trump has made a lot of noise about moving cases to federal court. He has had zero success.

The NY felony case, the $130,000 whore case, he gave up himself.

Earlier, he gave up moving his Georgia case too because he wants to leech off his fellow co-conspirator's court results. Basically, he's sending them in first, and he'll try whatever works for them, and avoid what doesn't. If he was in federal court, nobody else could go first -- none of them were federal employees. His attempt would have been under the "absolute immunity" clause anyhow and that shit's doomed.

I saw no action of his to move the Trump Org fraud case to federal court -- it's possible I just missed it, but I don't think so. I don't think there's a federal counterpart to that anyhow.

[Evil Midnight Bomber]

Even if they are intended for display, I get the sneaking suspicion that the sort who will buy these won't be able to resist putting Trump's name on another part of their body to "make the libs mad" or whatever.

I mean, if you're not making yourself smell like dogshit everyday just to "own the libs"...are you even MAGA??

[zorkuus]

Well, if he commits perjury, he goes to jail.

No he won't. I know it's nice to imagine tRump will finally get what's coming for him but let's be more realistic.

[Poopymonster]

It looks like he'll be drawing around $220,000 annually which is the equivalent of urinating on a bonfire.
That 220K is taxable. Knowing Trump and his dalliances with taxes, or lack there of, it'll be the equivalent of urinating jet fuel onto a bonfire.

- - - Updated - - -

It turns out, the guy who made the winning $9,000 bid for the autographed Golden Trump Clown Shoes,… is a Russian CEO.




Err not to sure about the source. I'm talking about the NY Post people. I tried to read article but its so ad blocked. Some irony I guess, but Republicans are Russian D-Riders these days.
@Breccia.

As far as article saying he is $426 million liquid. Not surprised and the question of how he will pay these fines and court cases. Surely seek out loans or have some idiot pay for it. Once more with this guy and other mega rich they never have to account for their financial responsibilities. Go figure how the average sucker defends these people who would squash them in a second to make a dollar.

Do you hear that?
That scrubba-dub-dub washing sound?
The rumbling of the spin cycle?
That'll be the CLEANEST money EVER.

Side note: What are the repercussions if said Russian CEO is on the sanctioned list?

[Breccia]

No he won't.

We've seen Engoron in action. Trump did as well. That's why he barely testified, and when he did, he even admitted a few things were overvalued. He had to leave the courthouse to say everything was rigged and bigly and yuge. Engoron specifically and directly called Trump a liar in his decision as well.

If Trump tells Engoron, on the stand, "I don't have $400 million" and Engoron is holding evidence saying he does, he will throw Trump in jail for it. It's a hypothetical I know won't be tested because Trump won't risk it. Not because he's a coward -- he is -- but because he knows it would do nothing for him and only cost him.

So we're discussing a hypothetical here.

Again, there's a deadline and I don't know what it is. All I keep finding is the part where he could have appealed "absolute immunity" to SCOTUS and didn't because he knew he'd lose that, too. He's better off with a case SCOTUS will dismiss, than a ruling for blanket immunity that could get him shot. If anyone can find the NY Trump Org appeal deadline, that's be highly appreciated.

[Rasulis]

The interest on the Trump's legal debt is currently $87,502 per day. Within a month it will grow to 100k per day (compound interest). Would be interesting to see which bank would post bond on the Court's decision.

[DarkTZeratul]

While being watched. Which is a key feature. And, again, I don't see a realistic bank doing this without a chunk of collateral that Trump is going to miss.

Also also, he's not allowed to get a loan from any bank that does business in New York, which is... Almost every major bank.

[Edge-]

Also also, he's not allowed to get a loan from any bank that does business in New York, which is... Almost every major bank.

Last I recall, US lenders still largely haven't wanted to get in the same room with him since before the presidency. That's why he's had to go abroad to raise capital.

[DarkTZeratul]

Last I recall, US lenders still largely haven't wanted to get in the same room with him since before the presidency. That's why he's had to go abroad to raise capital.

I'm fairly certain Deutsche Bank is registered in New York, which cuts out the biggest foreign bank with a history of lending him money.

[Underbottom]

If every single person who voted for Trump gave Trump $44...it wouldn't cover the verdict.

That math doesn't math chief. Also GoFundMe does not allow campaigns for the legal defense of financial crimes so it might get shutdown.

[Breccia]

That math d--

Shh! No time for that! I finally found the answer I was looking for which is the perfect distraction!

Mr. Trump will appeal the financial penalty but will have to either come up with the money or secure a bond within 30 days.

Note "will" he hasn't yet. Probably because he wants to secure the money first. Again, that will be a tough task, he doesn't want to use his own but at this point he's going to have a hard time using someone else's.

The monitorship and other penalties, including a three-year ban on Mr. Trump and his company seeking loans from banks registered in New York, could hamstring the company as it seeks to compete in the state’s crowded real estate market.

However, nothing will hurt quite as much as the financial penalty. If upheld on appeal, it could erase the cushion of liquidity — cash, stocks and bonds — that Mr. Trump built in his post-presidential life.

Mr. Trump claimed under oath last year that he was sitting on more than $400 million in cash

See also, previous perjury discussion.

but between Justice Engoron’s $355 million punishment, the interest Mr. Trump owes and the $83.3 million payout to Ms. Carroll, that might all be gone. If so, Mr. Trump might have to sell one of his properties or another asset to cover the payouts.

The symbolism of the punishments cannot be overlooked, either. Mr. Trump is synonymous with the company he ran for decades, and by severing him from its operations, the judge has written an embarrassing epilogue to the former president’s story of his career as a New York mogul.

So based on this, previous citations, and previous discussions, I see four options:

1) Trump puts up his own cash, tapping him out or forcing him to sell something.

2) Trump puts up collateral, which immediately comes under NYState guardianship -- he can't sell it or damage it.

3) Trump gets the money from a third party who demands collateral and guardianship themselves.

4) Trump gives up and doesn't appeal after all, something that could end up saving him money and pushing the deadline back -- he has 30 days to find the money if he wants to appeal, but a payment schedule could easily go past 30 days.

Place your bets!

"Trump goes bankrupt" doesn't seem realistic in the next 30 days. I don't think his straights are dire enough to call for it.

He can't use political funds -- this isn't a political use, and quite frankly, there's not a ton left there anyhow. In one of the many articles that showed up in a Google search, MAGA Inc. has $25 million or so, $10 million from a single donor (see also: the GoFuckMe fund).

I don't think someone will rescue him for $400 million of their own money out of the goodness of their heart. Anyone willing to do that would have donated to his various funds by now.

[Paranoid Android]

@Breccia

From your article above.

All I have to say is "Beware of Third parties bearing gifts". Yeah I'm somewhat worried this money pops up from some benefactor who just so happens runs a country.

What does Trump have to lose? He wins the election you think his AG going to investigate. Impeachment? Well possible impeachment but no conviction.

In short I'm curious how he may possibly weasel out of this.

[Breccia]

What does Trump have to lose?

Trump will take money from anyone, yes. However, "anyone" will demand something -- I keep saying a building, but yes, it could be favors.

[postman1782]

It turns out, the guy who made the winning $9,000 bid for the autographed Golden Trump Clown Shoes,… is a Russian CEO.




Err not to sure about the source. I'm talking about the NY Post people. I tried to read article but its so ad blocked. Some irony I guess, but Republicans are Russian D-Riders these days.
@Breccia.

As far as article saying he is $426 million liquid. Not surprised and the question of how he will pay these fines and court cases. Surely seek out loans or have some idiot pay for it. Once more with this guy and other mega rich they never have to account for their financial responsibilities. Go figure how the average sucker defends these people who would squash them in a second to make a dollar.

FYI, he paid $9k thinking they were going to be a 1/1 pair, when people were showing multiple pairs that were autographed, and they don't even have manufacturing setup to make the shoes, but claimed they were sold out.

[Breccia]

ALL POLITICAL PROSECUTIONS OF YOUR FAVORITE PRESIDENT, ME, MUST STOP IMMEDIATELY. THIS IS ELECTION INTERFERENCE, AND MUST BE IMMEDIATELY STOPPED. I SHOULD NOT HAVE TO GO THROUGH ANY FAKE PROSECUTIONS BEFORE THE ELECTION. THIS IS COMMUNISM, AND A THREAT TO DEMOCRACY. OUR COUNTRY WILL NOT STAND FOR IT. MAKE AMERICA GREAT AGAIN!!!

"How is it Communism?"

It isn't.

Most of this is the usual, Trump claiming everyone against him is...well, I would satirize but the post does that by itself.

I can't help but notice that Trump said political prosecutions against him must stop. One, he is selling out his co-conspirators. Two, he's leaving the door open for him to politically prosecute whoever he wants.

It's okay when he does it. Trump is three hundred pounds of hypocrisy in a three hundred pound bag.

- - - Updated - - -

Habba goes on FOX News *ding* and says Trump can pay.

Speaking with Fox News' Martha MacCallum on Monday, Habba, who was Trump's lead defense lawyer in the case, reiterated plans to appeal Engoron's decision, adding that in order to appeal the case, the defense team will have to post a bond, "which is the full amount and some, and we will be prepared to do that."

"By 'and then some' does she mean the required interest? She makes it sound like Trump is tipping."

Likely intentional.

"What they're trying to do between this case between my last case is put [Trump] out of business," Habba continued. "It's not gonna work, number one. Number two, what they're doing is a scare tactic. Unfortunately, they picked the wrong guy to pick on, in my opinion, because he's strong, he's resilient and he happens to have a lot of cash."

That sounds like a claim that Trump will pay it all himself. Which is, of course, admission he can't and won't.

[Edge-]

"How is it Communism?"

What is this now, the fifth time (I'm not actually counting) he's ordered/demanded/commanded that the investigations and court cases stop because...he says so?

[Rasulis]

Trump will take money from anyone, yes. However, "anyone" will demand something -- I keep saying a building, but yes, it could be favors.

On the off chance that he wins the election, half a billion to gain leverage on the president of the most powerful country in the world is pretty cheap. Screw the buildings. Most of his buildings are pretty old anyway and Mar Lago is tacky.

[Breccia]

What is this now, the fifth time (I'm not actually counting) he's ordered/demanded/commanded that the investigations and court cases stop because...he says so?

Don't forget, he's also said there'll be chaos and violence like you've never seen if he's convicted for his crimes. He has said that more than he has said "I am innocent".

So, it's reasonable to read this as extortion, threats, in a "I saw a mafia movie once" kind of way.

- - - Updated - - -

All I have to say is "Beware of Third parties bearing gifts". Yeah I'm somewhat worried this money pops up from some benefactor who just so happens runs a country.

Pfft. You sound just like John Bolton and Michael Cohen.

Yep, two people Trump hired to work for him on purpose, both saying in public on purpose that Trump is for sale.

Psaki asked [Bolton] if foreign autocrats could target Trump because he owes lots of money, which he may not actually have despite his claims to be a billionaire.

“I think this is one of the demonstrations why Trump really is not fit for office. He is consumed by these troubles, his family is consumed by them, and I think foreigners will try to take advantage of it one way or another. They may be doing it already,” he replied.

“We need to be very careful about him as a potential president because he is for sale,” Cohen, now an outspoken critic of the former president, said in an interview on MSNBC’s “The Weekend” on Sunday.

When MSNBC host Symone Sanders-Townsend suggested Trump “is open to the highest bidder at this point because the tab keeps being run up,” floating “the Saudis, the Russians,” as options, Cohen agreed.

“Thoroughly compromised, yes,” Cohen said.

It should be a concern for Trump's supporters that Trump's most outspoken critics are the people who've worked closest with him, such as these two, Barr, and Pence. I only wish I could see the cult rage that they are somehow Deep State while knowing full well Trump sought them out of his own free will.

[Poopymonster]

"How is it Communism?"

It isn't.

Most of this is the usual, Trump claiming everyone against him is...well, I would satirize but the post does that by itself.

I can't help but notice that Trump said political prosecutions against him must stop. One, he is selling out his co-conspirators. Two, he's leaving the door open for him to politically prosecute whoever he wants.

It's okay when he does it. Trump is three hundred pounds of hypocrisy in a three hundred pound bag.

- - - Updated - - -

Habba goes on FOX News *ding* and says Trump can pay.



"By 'and then some' does she mean the required interest? She makes it sound like Trump is tipping."

Likely intentional.



That sounds like a claim that Trump will pay it all himself. Which is, of course, admission he can't and won't.

He's working on having his personal knob polishers in places of importance in the RNC, which potentially has a very very large checkbook.

That might be his "best" bet, in a "pick up the turd by the clean end" scenario.