It's a legitimate question and one that should be asked right? I mean, does he have the money and can he pay or does he not? |
No, he doesn't have the money. Whatever are his properties are totally leveraged, and he cannot raise the cash. He has never really been a billionaire. It has always been smoke and mirrors, and now, the chickens are coming home to roost. |
It's only happening now because of Trump and his legal teams. Trump has no interest in actually assuming the role of POTUS, but is running to try and escape his many legal problems. He knows that he cannot escape all of the legal issues unless he becomes President again. If he becomes POTUS, then he will be immune from prosecution for the term of office. By the end of his term in office, some of the charges may exceed the statute of limitations. The reason that all of these cases are coming up during the election cycle are not political timing by his opponents. Several of these cases could have been tried, adjudicated and resolved well before the 2024 election cycle, but the Trump legal teams have used every means at their disposal to delay and obstruct those legal proceedings. Their intent was to delay all of these from coming to trial until after the 2024 elections, but in some cases, they ran out of legal options to delay. But the Trump legal teams are the one to blame for the timing. They tried to run out the clock and failed, and instead ended up with the legal proceedings right in the critical time periods to impact the elections. |
Regarding whether Trump properties outside NY could be seized by NY:
48 states, the District of Columbia, the Northern Mariana Islands, and the U.S. Virgin Islands have adopted the Uniform Enforcement of Foreign Judgments Act (UEFJA), 13 U.L.A. 261 (1986), which requires the states and the territories to give effect to the judgments of other states and territories. The only U.S. states which have not adopted the Uniform Enforcement of Foreign Judgments Act are California and Vermont. https://en.m.wikipedia.org/wiki/Enforcement_of_foreign_judgments |
Truth Social deal just closed and DJT is getting a big payout, though he can't sell his shares or pledge them as collateral for six months.
Who funded the "cash rich" shell company? Gift link: https://www.nytimes.com/2024/03/22/business/trump-media-merger-truth-social.html?ugrp=u&unlocked_article_code=1.ek0.lSCM.-DzeLXLBKq43&smid=url-share |
Lots of Trump lawyers have been reprimanded and sanctioned and a few have been disbarred. |
See a few pages back. Trump was trying to get an even bigger slice of the TruthSocial pie that the Trumpers who founded it gave him and now it’s all tied up in litigation. |
And in six months those shares won't be worth a cup of coffee. |
And what did he offer them in exchange if he’s president again? Because that’s how he operates. |
+1 I like Presidents who aren’t urgently seeking liquidity. |
So much for this narrative. $DWAC-TMTG merger just approved. Simplistically, Trump's net worth just jumped a few billion dollars. |
Well then he should be able to post the bond then, right? |
He was the one crying poor mouth. Let's see if he will actually come up with the cash Monday. |
He's already said this morning that he has the money. |
That’s not what his lawyers filed in court though. Will you people never learn? |