What Happens If Trump Can't Make Bond
in New York?
Hot Air,
by
Jazz Shaw
Original Article
Posted By: Dreadnought,
3/19/2024 8:52:43 PM
Yesterday we learned the shocking news from Donald Trump's legal team that he has thus far been unable to raise the ludicrous sum of $454 million to post a bond in his civil "fraud" trial in New York City. Under the terms of the latest round of lawfare being waged against him by partisan NY Attorney General Letitia James, Trump is supposed to put up the bond in cash and can not use the value of his properties to cover the requirement while he appeals the ruling. Trump's team reportedly approached multiple financial firms, but none were willing to put up the cash against the value of
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Reply 1 - Posted by:
jalo1951 3/19/2024 9:27:24 PM (No. 1681293)
This whole thing f - ing stinks. You can stab a 94 year old woman and walk away. And you can work with satisfied lenders with no victims and get sued by a complete wack job. I was born in America but woke up in Russia/Argentina third world countries. What the hell is happening to us?
67 people like this.
Reply 2 - Posted by:
daisey 3/19/2024 9:34:44 PM (No. 1681296)
Letitia James disgusts me. Cmon karma.
54 people like this.
Reply 3 - Posted by:
judy 3/19/2024 9:55:39 PM (No. 1681308)
Will Trump ask for donations & call it LJames desperate for $$$ fund???
9 people like this.
Reply 4 - Posted by:
DVC 3/19/2024 10:59:03 PM (No. 1681337)
It is unconstitutional to require "excessive bond"....right there in the document.
38 people like this.
Reply 5 - Posted by:
Birddog 3/19/2024 11:35:30 PM (No. 1681340)
He needs 550Million...he can sell "Membership shares" in Trump tower, 110,000 shares at $5000 per. or 1Million shares at $550 per, I'd send $550 to be a "MAGA 1 in a Million", put it up online, I'll bet at either price it would sell out in a Day.
16 people like this.
Reply 6 - Posted by:
Harlowe 3/20/2024 12:27:12 AM (No. 1681348)
Some posters at another conservative website indicate that they have read Letitia James
could start seizing President Trump’s property on Monday and, allegedly, intends to “first seize his jet to prevent him from traveling to campaign rallies and elsewhere.” Another comment was that such action might prompt President Trump to force the Supreme Court to intervene.
Is it possible that the Supreme Court could issue a “cease and desist” order to halt seizure of President Trump’s assets until after all his legal appeals have been made? Although it seems hopeless, if appeals would overrule the current court’s decision and President Trump’s properties/assets have been seized and disposed of, what would that mean for President Trump and his family?
13 people like this.
Reply 7 - Posted by:
Catherine 3/20/2024 1:14:28 AM (No. 1681355)
Trump is a savvy guy. He's not where he is by being outsmarted by democrats. I'm not worried about him yet.
22 people like this.
Reply 8 - Posted by:
Flyball Dogs 3/20/2024 1:26:56 AM (No. 1681358)
#8, it is hard to express how much I hope you’re right.
24 people like this.
Reply 9 - Posted by:
danu 3/20/2024 1:33:30 AM (No. 1681359)
a friend of pdt, a mrs. elena cardone, has set up a go fund me site for his legal expenses of this loathsome
ny civil fraud case. it currently stands at 1.3 mill. according to mrs. cardone,
"Every dollar will be used only to cover fines related to the New York civil fraud case, its appeal,
and related expenses."
https://www.film-news.co.uk/news/UK/107486/Donald-Trump-s-Go-Fund-Me-stalls-with-354-million-shortfall-after-fraud-trial
6 people like this.
Reply 10 - Posted by:
DVC 3/20/2024 2:01:20 AM (No. 1681366)
Re #5.
Here is the text of the 8th Amendment:
"Excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted."
Trump has BOTH an excessive fine and excessive bail" or actually the bond necessary to "permit" him his constitutional right to appeal the EXCESSIVE FINE.
This should go directly to the Supreme Court, 8th Amendment grounds.
32 people like this.
Reply 11 - Posted by:
DVC 3/20/2024 2:02:52 AM (No. 1681368)
RRe #10, GoFundMe is well known to confiscate funds if there is any conservative political benefit to the fund.
I wouldn't expect them to permit Trump to actually get any money raised.
15 people like this.
Reply 12 - Posted by:
Lawsy0 3/20/2024 2:06:31 AM (No. 1681375)
Don't worry about it.
2 people like this.
Reply 13 - Posted by:
mifla 3/20/2024 4:13:28 AM (No. 1681387)
I hope his lawyers know about the 8th amendment.
4 people like this.
Reply 14 - Posted by:
Trigger2 3/20/2024 4:42:56 AM (No. 1681404)
Appeal it to the SC.
7 people like this.
Reply 15 - Posted by:
Muguy 3/20/2024 6:37:16 AM (No. 1681421)
This excessive bond issue is such a farce--
How does this punitive action go against the long standard process of posting bond?? Can Lettitia James really FORCE the sale of his assets if this ridiculous 'requirement' is allowed to stand? At some point, blocking Mr. Trump's right to due process to appeal is being denied by this absurd standard of attempting to destroy a person based on politics alone.
14 people like this.
Reply 16 - Posted by:
Red Jeep 3/20/2024 7:21:00 AM (No. 1681438)
Re: Reply 1: "I was born in America but woke up in Russia/Argentina third world countries." So true, so sad.
If 50,000,000 people each sent President Trump $11, He would have the money he needs.
6 people like this.
Reply 17 - Posted by:
homefry 3/20/2024 8:39:31 AM (No. 1681476)
Maybe he could sell "art" like hunter does to raise the money.
5 people like this.
Reply 18 - Posted by:
janjan 3/20/2024 8:52:02 AM (No. 1681486)
The appeals court needs to step up to the plate and end this ridiculous bs immediately.
15 people like this.
Reply 19 - Posted by:
stablemoney 3/20/2024 10:28:32 AM (No. 1681554)
Nothing better happen, because the damages NY is going to have to pay for enforcing this bond requirement is going to be enormous.
3 people like this.
While I don't want to see Trump suffer the loss of having some of his property seized, I would like to see New York suffer the losses which would occur as soon as they started seizing some of his properties in New York. I will note that state courts in states other than New York should prevent New York from seizing Trump assets in their states until they prove that the value of his assets in New York will not satisfy the judgement (and that would be the value at the time they begin the process to seize them).
2 people like this.
Reply 21 - Posted by:
skacmar 3/20/2024 12:01:11 PM (No. 1681624)
Assuming that New York seizes Trump's property to satisfy their judgement, whose valuations will they use to establish the value of each property for seizure purposes? Will they use the AG & Judge's unrealistic low valuations (Mar A Lago $18 million) or the true market values? I can just picture Letitia James salivating now over these properties and how she can maximize her damage to Donald Trump taking the most property for the lowest prices leaving him with nothing.
3 people like this.
Reply 22 - Posted by:
danu 3/20/2024 4:29:53 PM (No. 1681766)
must revise info contained in my post b/c, as usual, i mix up those 2 fund raising sites.
it is true that a go fund me site has been set up for pdt.,; but give send go is the much preferred one
(ithink, i hope). well. do your best.
0 people like this.
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