Trump can’t pay

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bitcoin fraudster Sam Bankman-Fried's bail was $250 million.

And that was for a criminal, not a civil case like Trump.

Notorious Ponzi-schemer Bernie Madoff's bail was initially set at $10 million—and prosecutors eased the terms after he failed to secure it.

Those men were potential flight risks who harmed real victims. They deserved a burdensome bail.

But Trump is running for President, so he's not fleeing anywhere. And there are no victims in this supposed crime of the century.

No financial institution lost money lending to the Trump Organization – and no one claimed to have been deceived, let alone 'defrauded,' by the Trump Organization.


What's more, apparently all major real estate players juice their assets to secure favorable loans.

Shark Tank star Kevin O'Leary: 'If we're going to [fine Trump], let's penalize all the developers all across America. They've all done the same thing,' he said last month. 'All of them should go to jail and we should stop building buildings.'

'I would never invest in New York now,' declared O'Leary. 'And I'm not the only person saying that.'

New York State Supreme Court Justice Arthur Engoron denied Trump a jury trial, then assumes full control of the case and concludes mid-trial that Trump's palatial Mar-a-Lago estate is worth as little as a laughable $18 million.

The amount of copium and need for validation in your post is impressive.

He broke the law. He is paying the price. Get over it. Also, he’s not a rich guy. You all are batting 0 and 1. Your orange messiah is a con man.

Sure, that’s why democrats are desperately trying to destroy Trump, because he’s so weak and poor and dumb.

If he’s so strong and rich and smart, why can’t he pay? Or get a loan?

“Trump has built his entire business career on the premise that laws are merely suggestions. The method has generally succeeded. When the government tried to make him allow Black people to live in his father’s apartment buildings, he defied the law and repeated Justice Department efforts to force compliance. He and his father funneled millions of dollars into his pockets illegally via a tax-fraud scheme of shell companies and phony paperwork. He repeatedly and habitually refuses to pay contractors for services rendered. He boasted that he could buy off public officials, a belief that, correct or not, explained his brazen willingness to cheat and steal. All these methods have worked for him. He was finally caught using double books to report different valuations to lenders and tax officials — probably not Trump’s worst crime, but one that was provable in court.”
https://nymag.com/intelligencer/article/donald-trump-fines-broke-court-fraud-rich-republicans-loan.html

[Anonymous]

Look, the reality is that I can feel sorry for a Bankman-Fried or an Elizabeth Holmes. At some point they were in over their heads and it snowballed and they are both doing or facing long years in prison. Yet they've shown themselves to be human and remorseful. We can relate, a little bit, to their initial professional ambitions and subsequent downfalls.

But Trump? He's a hateful monster who never loved anyone. He spews hate daily on his social media platform. He mocks disabled people, he assaults women, he's boasted of stiffing people who've worked for him, and the IRS, for years. It's always all about him. He cannot stop himself, dogged by dementia and unable to get out of his own resentment and spite.

He has no redeeming features. This is why this massive judgment against him, even though it's accurate and commensurate with the sums he lied about and the interest he now owes, doesn't make anyone sympathize with his plight. Morally and ethically, he deserves so much more punishment. I hope he will receive it.

[Anonymous]

[Anonymous]

Democrat donor and Obama friend Don Peebles said just now on Neil Cavuto that the Letitia James fraud judgement will be vacated on appeal and the only reason she is doing it is to cause Trump the maximum amount of pain before it reaches the Supreme Court.
He noted that if she was confident in her case, she would not need a bond, as Trump is not a flight risk.

[Anonymous]

Anonymous wrote:
Look, the reality is that I can feel sorry for a Bankman-Fried or an Elizabeth Holmes. At some point they were in over their heads and it snowballed and they are both doing or facing long years in prison. Yet they've shown themselves to be human and remorseful. We can relate, a little bit, to their initial professional ambitions and subsequent downfalls.

But Trump? He's a hateful monster who never loved anyone. He spews hate daily on his social media platform. He mocks disabled people, he assaults women, he's boasted of stiffing people who've worked for him, and the IRS, for years. It's always all about him. He cannot stop himself, dogged by dementia and unable to get out of his own resentment and spite.

He has no redeeming features. This is why this massive judgment against him, even though it's accurate and commensurate with the sums he lied about and the interest he now owes, doesn't make anyone sympathize with his plight. Morally and ethically, he deserves so much more punishment. I hope he will receive it.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bitcoin fraudster Sam Bankman-Fried's bail was $250 million.

And that was for a criminal, not a civil case like Trump.

Notorious Ponzi-schemer Bernie Madoff's bail was initially set at $10 million—and prosecutors eased the terms after he failed to secure it.

Those men were potential flight risks who harmed real victims. They deserved a burdensome bail.

But Trump is running for President, so he's not fleeing anywhere. And there are no victims in this supposed crime of the century.

No financial institution lost money lending to the Trump Organization – and no one claimed to have been deceived, let alone 'defrauded,' by the Trump Organization.


What's more, apparently all major real estate players juice their assets to secure favorable loans.

Shark Tank star Kevin O'Leary: 'If we're going to [fine Trump], let's penalize all the developers all across America. They've all done the same thing,' he said last month. 'All of them should go to jail and we should stop building buildings.'

'I would never invest in New York now,' declared O'Leary. 'And I'm not the only person saying that.'

New York State Supreme Court Justice Arthur Engoron denied Trump a jury trial, then assumes full control of the case and concludes mid-trial that Trump's palatial Mar-a-Lago estate is worth as little as a laughable $18 million.

The amount of copium and need for validation in your post is impressive.

He broke the law. He is paying the price. Get over it. Also, he’s not a rich guy. You all are batting 0 and 1. Your orange messiah is a con man.

Sure, that’s why democrats are desperately trying to destroy Trump, because he’s so weak and poor and dumb.

If he’s so strong and rich and smart, why can’t he pay? Or get a loan?

“Trump has built his entire business career on the premise that laws are merely suggestions. The method has generally succeeded. When the government tried to make him allow Black people to live in his father’s apartment buildings, he defied the law and repeated Justice Department efforts to force compliance. He and his father funneled millions of dollars into his pockets illegally via a tax-fraud scheme of shell companies and phony paperwork. He repeatedly and habitually refuses to pay contractors for services rendered. He boasted that he could buy off public officials, a belief that, correct or not, explained his brazen willingness to cheat and steal. All these methods have worked for him. He was finally caught using double books to report different valuations to lenders and tax officials — probably not Trump’s worst crime, but one that was provable in court.”
https://nymag.com/intelligencer/article/donald-trump-fines-broke-court-fraud-rich-republicans-loan.html

His wealth is in real estate, but you knew that.
Banks will not give a loan so large using real estate as collateral because real estate is a volatile commodity.
This is a ridiculous sum for bond and everyone knows it.
We know that Letitia James has one goal - to get Trump. She has said it over and over.
Can't wait for this ridiculous judgment to be overturned, because it will be.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bitcoin fraudster Sam Bankman-Fried's bail was $250 million.

And that was for a criminal, not a civil case like Trump.

Notorious Ponzi-schemer Bernie Madoff's bail was initially set at $10 million—and prosecutors eased the terms after he failed to secure it.

Those men were potential flight risks who harmed real victims. They deserved a burdensome bail.

But Trump is running for President, so he's not fleeing anywhere. And there are no victims in this supposed crime of the century.

No financial institution lost money lending to the Trump Organization – and no one claimed to have been deceived, let alone 'defrauded,' by the Trump Organization.


What's more, apparently all major real estate players juice their assets to secure favorable loans.

Shark Tank star Kevin O'Leary: 'If we're going to [fine Trump], let's penalize all the developers all across America. They've all done the same thing,' he said last month. 'All of them should go to jail and we should stop building buildings.'

'I would never invest in New York now,' declared O'Leary. 'And I'm not the only person saying that.'

New York State Supreme Court Justice Arthur Engoron denied Trump a jury trial, then assumes full control of the case and concludes mid-trial that Trump's palatial Mar-a-Lago estate is worth as little as a laughable $18 million.

The amount of copium and need for validation in your post is impressive.

He broke the law. He is paying the price. Get over it. Also, he’s not a rich guy. You all are batting 0 and 1. Your orange messiah is a con man.

Sure, that’s why democrats are desperately trying to destroy Trump, because he’s so weak and poor and dumb.

If he’s so strong and rich and smart, why can’t he pay? Or get a loan?

“Trump has built his entire business career on the premise that laws are merely suggestions. The method has generally succeeded. When the government tried to make him allow Black people to live in his father’s apartment buildings, he defied the law and repeated Justice Department efforts to force compliance. He and his father funneled millions of dollars into his pockets illegally via a tax-fraud scheme of shell companies and phony paperwork. He repeatedly and habitually refuses to pay contractors for services rendered. He boasted that he could buy off public officials, a belief that, correct or not, explained his brazen willingness to cheat and steal. All these methods have worked for him. He was finally caught using double books to report different valuations to lenders and tax officials — probably not Trump’s worst crime, but one that was provable in court.”
https://nymag.com/intelligencer/article/donald-trump-fines-broke-court-fraud-rich-republicans-loan.html

His wealth is in real estate, but you knew that.
Banks will not give a loan so large using real estate as collateral because real estate is a volatile commodity.
This is a ridiculous sum for bond and everyone knows it.
We know that Letitia James has one goal - to get Trump. She has said it over and over.
Can't wait for this ridiculous judgment to be overturned, because it will be.

What? He has a ton of properties. Banks “give loans using real estate as collateral” every hour of every day. What is keeping him from multiple smaller cash out refinances or multiple smaller bonds adding up to the total? It doesn’t have to be one huge bond from one lender for the entire amount. The only answer is that everything is already mortgaged up the wazoo, so he’s not that rich, or that he’s lying, so he’s in deep sh!t.

[Anonymous]

Anonymous wrote:

Democrat donor and Obama friend Don Peebles said just now on Neil Cavuto that the Letitia James fraud judgement will be vacated on appeal and the only reason she is doing it is to cause Trump the maximum amount of pain before it reaches the Supreme Court.
He noted that if she was confident in her case, she would not need a bond, as Trump is not a flight risk.

Uh, you know Don Peebles is basically a criminal and fraudster himself, right?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bitcoin fraudster Sam Bankman-Fried's bail was $250 million.

And that was for a criminal, not a civil case like Trump.

Notorious Ponzi-schemer Bernie Madoff's bail was initially set at $10 million—and prosecutors eased the terms after he failed to secure it.

Those men were potential flight risks who harmed real victims. They deserved a burdensome bail.

But Trump is running for President, so he's not fleeing anywhere. And there are no victims in this supposed crime of the century.

No financial institution lost money lending to the Trump Organization – and no one claimed to have been deceived, let alone 'defrauded,' by the Trump Organization.


What's more, apparently all major real estate players juice their assets to secure favorable loans.

Shark Tank star Kevin O'Leary: 'If we're going to [fine Trump], let's penalize all the developers all across America. They've all done the same thing,' he said last month. 'All of them should go to jail and we should stop building buildings.'

'I would never invest in New York now,' declared O'Leary. 'And I'm not the only person saying that.'

New York State Supreme Court Justice Arthur Engoron denied Trump a jury trial, then assumes full control of the case and concludes mid-trial that Trump's palatial Mar-a-Lago estate is worth as little as a laughable $18 million.

The amount of copium and need for validation in your post is impressive.

He broke the law. He is paying the price. Get over it. Also, he’s not a rich guy. You all are batting 0 and 1. Your orange messiah is a con man.

Sure, that’s why democrats are desperately trying to destroy Trump, because he’s so weak and poor and dumb.

If he’s so strong and rich and smart, why can’t he pay? Or get a loan?

“Trump has built his entire business career on the premise that laws are merely suggestions. The method has generally succeeded. When the government tried to make him allow Black people to live in his father’s apartment buildings, he defied the law and repeated Justice Department efforts to force compliance. He and his father funneled millions of dollars into his pockets illegally via a tax-fraud scheme of shell companies and phony paperwork. He repeatedly and habitually refuses to pay contractors for services rendered. He boasted that he could buy off public officials, a belief that, correct or not, explained his brazen willingness to cheat and steal. All these methods have worked for him. He was finally caught using double books to report different valuations to lenders and tax officials — probably not Trump’s worst crime, but one that was provable in court.”
https://nymag.com/intelligencer/article/donald-trump-fines-broke-court-fraud-rich-republicans-loan.html

His wealth is in real estate, but you knew that.
Banks will not give a loan so large using real estate as collateral because real estate is a volatile commodity.
This is a ridiculous sum for bond and everyone knows it.
We know that Letitia James has one goal - to get Trump. She has said it over and over.
Can't wait for this ridiculous judgment to be overturned, because it will be.

What? He has a ton of properties. Banks “give loans using real estate as collateral” every hour of every day. What is keeping him from multiple smaller cash out refinances or multiple smaller bonds adding up to the total? It doesn’t have to be one huge bond from one lender for the entire amount. The only answer is that everything is already mortgaged up the wazoo, so he’s not that rich, or that he’s lying, so he’s in deep sh!t.

A real estate broker enlisted by Trump to assist in obtaining a bond wrote in an affidavit filed with the court that few bonding companies will consider issuing a bond of the size required.

The remaining bonding companies will not “accept hard assets such as real estate as collateral,” but “will only accept cash or cash equivalents (such as marketable securities).”

“A bond of this size is rarely, if ever, seen. In the unusual circumstance that a bond of this size is issued, it is provided to the largest public companies in the world, not to individuals or privately held businesses,” the broker, Gary Giulietti, wrote.

https://www.pbs.org/newshour/politics/impossible-for-trump-to-post-bond-covering-454-million-trumps-lawyers-say

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Democrat donor and Obama friend Don Peebles said just now on Neil Cavuto that the Letitia James fraud judgement will be vacated on appeal and the only reason she is doing it is to cause Trump the maximum amount of pain before it reaches the Supreme Court.
He noted that if she was confident in her case, she would not need a bond, as Trump is not a flight risk.

Uh, you know Don Peebles is basically a criminal and fraudster himself, right?

What he has said is 100% true.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Democrat donor and Obama friend Don Peebles said just now on Neil Cavuto that the Letitia James fraud judgement will be vacated on appeal and the only reason she is doing it is to cause Trump the maximum amount of pain before it reaches the Supreme Court.
He noted that if she was confident in her case, she would not need a bond, as Trump is not a flight risk.

Uh, you know Don Peebles is basically a criminal and fraudster himself, right?

What he has said is 100% true.

I guess he is expert on evading legal consequences, so he would know.

[Anonymous]

Anonymous wrote:

Democrat donor and Obama friend Don Peebles said just now on Neil Cavuto that the Letitia James fraud judgement will be vacated on appeal and the only reason she is doing it is to cause Trump the maximum amount of pain before it reaches the Supreme Court.
He noted that if she was confident in her case, she would not need a bond, as Trump is not a flight risk.

Who?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bitcoin fraudster Sam Bankman-Fried's bail was $250 million.

And that was for a criminal, not a civil case like Trump.

Notorious Ponzi-schemer Bernie Madoff's bail was initially set at $10 million—and prosecutors eased the terms after he failed to secure it.

Those men were potential flight risks who harmed real victims. They deserved a burdensome bail.

But Trump is running for President, so he's not fleeing anywhere. And there are no victims in this supposed crime of the century.

No financial institution lost money lending to the Trump Organization – and no one claimed to have been deceived, let alone 'defrauded,' by the Trump Organization.


What's more, apparently all major real estate players juice their assets to secure favorable loans.

Shark Tank star Kevin O'Leary: 'If we're going to [fine Trump], let's penalize all the developers all across America. They've all done the same thing,' he said last month. 'All of them should go to jail and we should stop building buildings.'

'I would never invest in New York now,' declared O'Leary. 'And I'm not the only person saying that.'

New York State Supreme Court Justice Arthur Engoron denied Trump a jury trial, then assumes full control of the case and concludes mid-trial that Trump's palatial Mar-a-Lago estate is worth as little as a laughable $18 million.

The amount of copium and need for validation in your post is impressive.

He broke the law. He is paying the price. Get over it. Also, he’s not a rich guy. You all are batting 0 and 1. Your orange messiah is a con man.

Sure, that’s why democrats are desperately trying to destroy Trump, because he’s so weak and poor and dumb.

If he’s so strong and rich and smart, why can’t he pay? Or get a loan?

“Trump has built his entire business career on the premise that laws are merely suggestions. The method has generally succeeded. When the government tried to make him allow Black people to live in his father’s apartment buildings, he defied the law and repeated Justice Department efforts to force compliance. He and his father funneled millions of dollars into his pockets illegally via a tax-fraud scheme of shell companies and phony paperwork. He repeatedly and habitually refuses to pay contractors for services rendered. He boasted that he could buy off public officials, a belief that, correct or not, explained his brazen willingness to cheat and steal. All these methods have worked for him. He was finally caught using double books to report different valuations to lenders and tax officials — probably not Trump’s worst crime, but one that was provable in court.”
https://nymag.com/intelligencer/article/donald-trump-fines-broke-court-fraud-rich-republicans-loan.html

His wealth is in real estate, but you knew that.
Banks will not give a loan so large using real estate as collateral because real estate is a volatile commodity.
This is a ridiculous sum for bond and everyone knows it.
We know that Letitia James has one goal - to get Trump. She has said it over and over.
Can't wait for this ridiculous judgment to be overturned, because it will be.

What? He has a ton of properties. Banks “give loans using real estate as collateral” every hour of every day. What is keeping him from multiple smaller cash out refinances or multiple smaller bonds adding up to the total? It doesn’t have to be one huge bond from one lender for the entire amount. The only answer is that everything is already mortgaged up the wazoo, so he’s not that rich, or that he’s lying, so he’s in deep sh!t.

A real estate broker enlisted by Trump to assist in obtaining a bond wrote in an affidavit filed with the court that few bonding companies will consider issuing a bond of the size required.

The remaining bonding companies will not “accept hard assets such as real estate as collateral,” but “will only accept cash or cash equivalents (such as marketable securities).”

“A bond of this size is rarely, if ever, seen. In the unusual circumstance that a bond of this size is issued, it is provided to the largest public companies in the world, not to individuals or privately held businesses,” the broker, Gary Giulietti, wrote.

https://www.pbs.org/newshour/politics/impossible-for-trump-to-post-bond-covering-454-million-trumps-lawyers-say

That didn’t refute or even address either of my suggestions. Cash out some equity from your multiple properties that are supposedly worth billions and then you have cash or cash equivalents. And seek out multiple smaller bonds from various different bonding companies instead of one for the whole amount. He should be able to accomplish these things. If he doesn’t he’s poor or lying or both.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Bitcoin fraudster Sam Bankman-Fried's bail was $250 million.

And that was for a criminal, not a civil case like Trump.

Notorious Ponzi-schemer Bernie Madoff's bail was initially set at $10 million—and prosecutors eased the terms after he failed to secure it.

Those men were potential flight risks who harmed real victims. They deserved a burdensome bail.

But Trump is running for President, so he's not fleeing anywhere. And there are no victims in this supposed crime of the century.

No financial institution lost money lending to the Trump Organization – and no one claimed to have been deceived, let alone 'defrauded,' by the Trump Organization.


What's more, apparently all major real estate players juice their assets to secure favorable loans.

Shark Tank star Kevin O'Leary: 'If we're going to [fine Trump], let's penalize all the developers all across America. They've all done the same thing,' he said last month. 'All of them should go to jail and we should stop building buildings.'

'I would never invest in New York now,' declared O'Leary. 'And I'm not the only person saying that.'

New York State Supreme Court Justice Arthur Engoron denied Trump a jury trial, then assumes full control of the case and concludes mid-trial that Trump's palatial Mar-a-Lago estate is worth as little as a laughable $18 million.

The amount of copium and need for validation in your post is impressive.

He broke the law. He is paying the price. Get over it. Also, he’s not a rich guy. You all are batting 0 and 1. Your orange messiah is a con man.

Sure, that’s why democrats are desperately trying to destroy Trump, because he’s so weak and poor and dumb.

If he’s so strong and rich and smart, why can’t he pay? Or get a loan?

“Trump has built his entire business career on the premise that laws are merely suggestions. The method has generally succeeded. When the government tried to make him allow Black people to live in his father’s apartment buildings, he defied the law and repeated Justice Department efforts to force compliance. He and his father funneled millions of dollars into his pockets illegally via a tax-fraud scheme of shell companies and phony paperwork. He repeatedly and habitually refuses to pay contractors for services rendered. He boasted that he could buy off public officials, a belief that, correct or not, explained his brazen willingness to cheat and steal. All these methods have worked for him. He was finally caught using double books to report different valuations to lenders and tax officials — probably not Trump’s worst crime, but one that was provable in court.”
https://nymag.com/intelligencer/article/donald-trump-fines-broke-court-fraud-rich-republicans-loan.html

His wealth is in real estate, but you knew that.
Banks will not give a loan so large using real estate as collateral because real estate is a volatile commodity.
This is a ridiculous sum for bond and everyone knows it.
We know that Letitia James has one goal - to get Trump. She has said it over and over.
Can't wait for this ridiculous judgment to be overturned, because it will be.

What? He has a ton of properties. Banks “give loans using real estate as collateral” every hour of every day. What is keeping him from multiple smaller cash out refinances or multiple smaller bonds adding up to the total? It doesn’t have to be one huge bond from one lender for the entire amount. The only answer is that everything is already mortgaged up the wazoo, so he’s not that rich, or that he’s lying, so he’s in deep sh!t.

A real estate broker enlisted by Trump to assist in obtaining a bond wrote in an affidavit filed with the court that few bonding companies will consider issuing a bond of the size required.

The remaining bonding companies will not “accept hard assets such as real estate as collateral,” but “will only accept cash or cash equivalents (such as marketable securities).”

“A bond of this size is rarely, if ever, seen. In the unusual circumstance that a bond of this size is issued, it is provided to the largest public companies in the world, not to individuals or privately held businesses,” the broker, Gary Giulietti, wrote.

https://www.pbs.org/newshour/politics/impossible-for-trump-to-post-bond-covering-454-million-trumps-lawyers-say

That didn’t refute or even address either of my suggestions. Cash out some equity from your multiple properties that are supposedly worth billions and then you have cash or cash equivalents. And seek out multiple smaller bonds from various different bonding companies instead of one for the whole amount. He should be able to accomplish these things. If he doesn’t he’s poor or lying or both.

He is over leveraged and in some cases, double leveraged, so doesn't have the equity to come close to covering the liability.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Democrat donor and Obama friend Don Peebles said just now on Neil Cavuto that the Letitia James fraud judgement will be vacated on appeal and the only reason she is doing it is to cause Trump the maximum amount of pain before it reaches the Supreme Court.
He noted that if she was confident in her case, she would not need a bond, as Trump is not a flight risk.

Who?

This guy - I had totally forgotten about him! https://en.m.wikipedia.org/wiki/R._Donahue_Peebles