Trump can’t pay

[Anonymous]

Anonymous wrote:

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.

BINGO.

[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

A bond and a loan are two different things. If he had enough equity in real estate, he could absolutely get a loan for that amount. Banks loan amounts like that and more secured by real estate every day.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Trump is 77 years old. I am sure he did not turn fraud in last two years. But why are so many cases against him only in the last couple of years? Clearly the opposition is trying to get him. There is a collusion among people in power to eliminate Trump even by unethical means. Half the country loves him regardless of his character. And we should allow the people to decide whom they want. Flooding the country with illegals, changing the demography to favor a party and using any means to bring down a political opponent is much worse than what Trump has ever done!

None of those "illegals" are able to vote, no matter how much you claim they will.

And you are basically saying that criminals should not be held accountable for their crimes as long as they are popular.

That is what many refer to as a two-tiered justice system and is not how a country founded on the rule of law is supposed to operate.

And Trump's crimes didn't start in the last two years.

He was has been found guilty of housing discrimination, of laundering money, of committing fraud on behalf of Trump U, Trump foundation and now Trump Org.

Do you not know this?

Looks like my message has been deleted. Not sure why.
I am not saying criminals should not be accountable. I am saying opposition is after Trump last couple of years. If he was a fraud, the court cases should have been happening well before that. It clearly shows that it’s politically motivated. If he was a criminal he should have paid for his crimes 10 years ago, 15 years ago. That did not happen.

There are 2 things:
1) Deep state does not like him
2) Half the country love him in spite of everything and want him back

So if the people want him as President, then deep state has to get him out by other means

[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 don't care that he's a liberal Obama guy, I do NOT agree with his opinion.

[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.

Indeed. This reminds me of the Rittenhouse case, where the same posters were so sure he would be convicted and saw the violent pedophile as the true victim

[Anonymous]

So now we have multiple posters complaining about migrants and Kyle Rittenhouse instead of explaining why Trump who says he has all this money can’t come up with this money.

Hmmm.

[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.

In other words, he’s cash poor and double mortgaged. He ran his father’s wealth into the ground. Thanks for clarifying his general incompetence.

[Anonymous]

I may actually vote for Trump solely because of what NY is doing to him. Which is outrageous. It's nothing more than destroying the integrity of America's legal systems to punish him out of vengeance. I thought this kind of crap only happened in Russia or Turkey.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Trump is 77 years old. I am sure he did not turn fraud in last two years. But why are so many cases against him only in the last couple of years? Clearly the opposition is trying to get him. There is a collusion among people in power to eliminate Trump even by unethical means. Half the country loves him regardless of his character. And we should allow the people to decide whom they want. Flooding the country with illegals, changing the demography to favor a party and using any means to bring down a political opponent is much worse than what Trump has ever done!

None of those "illegals" are able to vote, no matter how much you claim they will.

And you are basically saying that criminals should not be held accountable for their crimes as long as they are popular.

That is what many refer to as a two-tiered justice system and is not how a country founded on the rule of law is supposed to operate.

And Trump's crimes didn't start in the last two years.

He was has been found guilty of housing discrimination, of laundering money, of committing fraud on behalf of Trump U, Trump foundation and now Trump Org.

Do you not know this?

Looks like my message has been deleted. Not sure why.
I am not saying criminals should not be accountable. I am saying opposition is after Trump last couple of years. If he was a fraud, the court cases should have been happening well before that. It clearly shows that it’s politically motivated. If he was a criminal he should have paid for his crimes 10 years ago, 15 years ago. That did not happen.

There are 2 things:
1) Deep state does not like him
2) Half the country love him in spite of everything and want him back

So if the people want him as President, then deep state has to get him out by other means

No absolutely false.

Trump has been civilly charged.
Trump University, Trump Foundation, Trump illegal teen modeling (outrage conservatives) not charge he shut it down right before, Trump water, many many times with judgments against him. He stole from St Judes got a huge fine and was never to open a charity again. And yes SDNY gave him many passes every time he donated to the Prosecutor's political funds, ask Cy Vance.

This particular judgment today has forensic accountants, so you think those people lied under oath? Do you think Judge Ergeon just picked a number out of a hat? Learn to read. The facts are on the internet, the case is in-depth on the internet. It's a Ponzi scheme that always has been. He lied over and over again. He overvalued his properties. FACT.

Let's look at Trump's criminal past.
Regarding the various irregularities in the Trump Foundation, former head of the Internal Revenue Service's Office of Exempt Organizations Division Marc Owens told The Washington Post that he was surprised by the "laundry list of issues".

The office of New York State Attorney General Eric Schneiderman investigated the foundation "to make sure it's complying with the laws governing charities in New York." The Trump Foundation was found to have committed fraud and misappropriated funds and was ordered to be shut down.

Trump University
The settlement allots $21 million in funds to the students who were defrauded by Trump University. Yeah, he did nothing wrong.

I could keep going but you are too stupid to read cognitively given you support a criminal.

[Anonymous]

Anonymous wrote:I may actually vote for Trump solely because of what NY is doing to him. Which is outrageous. It's nothing more than destroying the integrity of America's legal systems to punish him out of vengeance. I thought this kind of crap only happened in Russia or Turkey.

You were already going to vote for him.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Trump is 77 years old. I am sure he did not turn fraud in last two years. But why are so many cases against him only in the last couple of years? Clearly the opposition is trying to get him. There is a collusion among people in power to eliminate Trump even by unethical means. Half the country loves him regardless of his character. And we should allow the people to decide whom they want. Flooding the country with illegals, changing the demography to favor a party and using any means to bring down a political opponent is much worse than what Trump has ever done!

None of those "illegals" are able to vote, no matter how much you claim they will.

And you are basically saying that criminals should not be held accountable for their crimes as long as they are popular.

That is what many refer to as a two-tiered justice system and is not how a country founded on the rule of law is supposed to operate.

And Trump's crimes didn't start in the last two years.

He was has been found guilty of housing discrimination, of laundering money, of committing fraud on behalf of Trump U, Trump foundation and now Trump Org.

Do you not know this?

Looks like my message has been deleted. Not sure why.
I am not saying criminals should not be accountable. I am saying opposition is after Trump last couple of years. If he was a fraud, the court cases should have been happening well before that. It clearly shows that it’s politically motivated. If he was a criminal he should have paid for his crimes 10 years ago, 15 years ago. That did not happen.

There are 2 things:
1) Deep state does not like him
2) Half the country love him in spite of everything and want him back

So if the people want him as President, then deep state has to get him out by other means

Trump U and Trump Air and Trump Foundation say "remember me?"

Also: https://www.fincen.gov/news/news-releases/fincen-fines-trump-taj-mahal-casino-resort-10-million-significant-and-long

I mean, really none of this is new.

[Anonymous]

Anonymous wrote:I may actually vote for Trump solely because of what NY is doing to him. Which is outrageous. It's nothing more than destroying the integrity of America's legal systems to punish him out of vengeance. I thought this kind of crap only happened in Russia or Turkey.

There are lots of people like you.

[Anonymous]

Anonymous wrote:I may actually vote for Trump solely because of what NY is doing to him. Which is outrageous. It's nothing more than destroying the integrity of America's legal systems to punish him out of vengeance. I thought this kind of crap only happened in Russia or Turkey.

Also doesn’t address the actual topic of why he can’t pay.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I may actually vote for Trump solely because of what NY is doing to him. Which is outrageous. It's nothing more than destroying the integrity of America's legal systems to punish him out of vengeance. I thought this kind of crap only happened in Russia or Turkey.

You were already going to vote for him.

I don't like Trump but I may vote for him because of what was done to him.

Can you not step back for a minute and think about this clearly? Both the "rape" case and the "business fraud" cases are nothing more than abusing the legal system and twisting the real intent of laws to get at someone. It's worrisome to me. Trump has genuine cases in Georgia and Florida that have merit to them. Those are important. But the New York cases are nothing but partisan hit jobs by deeply partisan people who are the living manifestation fo the Trump Derangement Syndrome.

My worries about the weaponizing of law and power to go after someone you hate is significant enough that I may have to vote for Trump to say, no, you can't do this, you can't behave like this. Go after him cleanly and fairly, which is what we expect the law enforcers and the courts and prosecutors to do. But New York is not doing that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Trump is 77 years old. I am sure he did not turn fraud in last two years. But why are so many cases against him only in the last couple of years? Clearly the opposition is trying to get him. There is a collusion among people in power to eliminate Trump even by unethical means. Half the country loves him regardless of his character. And we should allow the people to decide whom they want. Flooding the country with illegals, changing the demography to favor a party and using any means to bring down a political opponent is much worse than what Trump has ever done!

None of those "illegals" are able to vote, no matter how much you claim they will.

And you are basically saying that criminals should not be held accountable for their crimes as long as they are popular.

That is what many refer to as a two-tiered justice system and is not how a country founded on the rule of law is supposed to operate.

And Trump's crimes didn't start in the last two years.

He was has been found guilty of housing discrimination, of laundering money, of committing fraud on behalf of Trump U, Trump foundation and now Trump Org.

Do you not know this?

Looks like my message has been deleted. Not sure why.
I am not saying criminals should not be accountable. I am saying opposition is after Trump last couple of years. If he was a fraud, the court cases should have been happening well before that. It clearly shows that it’s politically motivated. If he was a criminal he should have paid for his crimes 10 years ago, 15 years ago. That did not happen.

There are 2 things:
1) Deep state does not like him
2) Half the country love him in spite of everything and want him back

So if the people want him as President, then deep state has to get him out by other means

Deep state? You ought to rethink that one.

Most of the people who've testified against Trump are either lifelong Republicans or long-term Trump employees or other close Trump associates. And they know Trump and how corrupt he is far more intimately than you do.