One of the most ridiculous false pretenses Trump tries to maintain is that he can only pay with a single, $454M bond, and since he can’t get one that large, he should, obviously, just be forgiven the amount entirely and let off the hook.
What he doesn’t want anyone to know is that, obviously, he could just get several smaller bonds for, say, $50M or $75M or $100M until it added up to the $454M or however much he needs to post for the appeal. In fact, he even tried to offer a $100 bond before, but used it instead in the E Jean Carrol appeal.
Like literally chubb dogded a bullet lending this money earlier rather than having to be available for the next big payout.
If you ask me is a small price to pay for salvation
Wait. Hasn't he a gofoundme going? If he is bragging about having the money already, what does he need the donations for. 🤔
But what do i know.. I'm just a dumb European and the conservative Americans are so much smarter then me. They'll def are correct in further donating for Don Poorleon. 👍
He's attempting to borrow from anyone dumb enough to lend to him.
He's using the RNC as a personal piggy bank.
Some of these may overlap. And borrowing to pay expenses while using the interest as a tax deduction is a long utilized tool of the rich. But his real assets are intended to act as collateral on these loans.
With outstanding loan debt, judgments that can seize his assets, and mounting other leaks in his financing, this is his margin call on all the bad bets he's made. Including betting on himself.
He thinks that simply having his name on something means it's his to do as he please. But when the government and the banks start calling, it's his ass.
This is their big play? It doesn't need to be one bond. I read that those companies have a $100 million limit on bonds. Trump needs to put up several bonds. Or just use his yuge pile of cash he says he has. Or hell, double down on the lies and lose his holdings.
Pretty sure James also already made it known he can post some of his properties directly to the court as collateral, skipping a 3rd party bond agency, but sounds like he wouldn't be able to do that if he has liens against them all, which he probably does.
don't worry, a judge just ruled that Don is a special boy and doesn't have to follow the same laws as everyone else so he doesn't need to put up the whole bond.
He's God's Most Special Guy, so he gets yet another exception to the law. Courts have ruled that he has to put up less than half of what would be required of anyone else.