Posted on 03/18/2024 7:57:38 AM PDT by CFW
I’m sure no one will remember this judge or prosecutor when this is over. No one will even think about retribution. Everyone is cool with this treatment of Trump. How dare we think we have a say!
You can’t take the most serious 8th Amendment violation in the nation’s history to SCOTUS? Besides, this is obviously, factually, and plainly election interference. SCOTUS intervened in Colorado on that basis.
Oh so he’s not a billionaire? Are you lying? Hmmmmmm.
“Well Trump IS a billionaire and has significant assets. The problem is it is all tied up. Assets can be sold but it takes time to do such deals. He’ll figure it out.”
Yes, but... he will have to be very careful how and where he gets the $$$. Part of the leftist agenda is to cause him to do something they can further use against him, especially should he win in November. And as we already know, they will use ANY thing, even if they have to lie about ‘it’.
“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,” Habba added.
Apparently they weren’t prepared to do that?
Doubt that. First, while I’m no lover of Trump, the amount is quite large. For good reason? I don’t know. But even Trump has never offered to pay even the unjust enrichment (engorgement) amount. Which is less than half the amount of bond being requested. Second, while not stated by the bonding companies, I’m sure there is a concern about repayment should he lose the appeal. I mean he’s famous for timely payments and payments at all. That’s a hell of a risk for any company to underwrite.
That case didn’t go directly to SCOTUS. The Colorado SC heard the case first, then it went on from there.
Most of his net worth is likely tied up in non-liquid assets. He’s a billionaire, but he does not have that in cash or other liquid assets.
they will take his property and find an excuse to throw him in prison as some sort of felon.
Biden wins!!!
America loses.
Trump in prison.
Trump is likely to receive a huge stock windfall from his media group merger to the tune of $3.95 billion. Unfortunately for him, once it happens, he cannot liquidate any stock for at least 90 days. I am actually surprised that they cannot get a loan for the amount needed which makes me wonder if no bank wants to get involved in what is obviously a political mess.
“This should go to SCOTUS immediately. This is beyond the pale.”
Once again for those in the back - IT CAN’T GO TO SCOTUS IMMEDIATELY.
That figure is based on the current stock value of the SPAC issuing it, which is by no means certain to stand.
I don’t buy this at all. He just did a deal paying hi $4 BILLION. That alone would be collateral for any loan.
What is Trump’s recourse from here? This bond requirement is preposterous
it won’t be a spac when DJT has ownership
Concern about repayment should he lose appeal? That’s the whole point of the bond. The company pays the money in full should he lose the appeal. That’s why people get bonds and put up collateral.
exactly, he is prevented from appealing until he can pay, but they set the value so high he can’t pay. It is a catch 22.
They might as well have fined him 22 trillion! Sorry no appeal unless you can come up with that much bond!!
This is unconstitutional on many levels.
When and as the merger takes place there will be some major changes, including a fivefold expansion of the outstanding stock volume. Presuming that the stock value will remain constant is unwise.
this Friday, DWAC and TMTG merge, becoming DJT. DJT will own about 58% of the float or about 78m shares. It will trade considerably higher than what DWAC is currently trading at but let’s say it’s floats around $75/share. That makes his holdings in DJT worth ~$5.87b.
My personal take is it goes much higher than that
He can’t appeal in state court without the bond, but he can in federal court.
Yep, now they will start seizing his assets
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