Trump Bond Reduced to $175 Million as He Appeals NY Fine

[libertybele]

It is election interference. They will continue to drag him in and out of court and fine him.

[mystery-ak]

https://twitter.com/RNCResearch/status/1772313656434299014

[Right_in_Virginia]

Trump has ten days to get the money, but also ten more days to appeal everything and appeal to have the judgement invalidated.

Tangerine Mussolini has a gift for running out the clock.

You're witnessing the government trying to bankrupt a political opponent and you're calling the target of the lawfare Mussolini?  What is wrong with you?

[Right_in_Virginia]

Wonder if Trump's partners bent some ears and got things reduced.

Who are these partners you're wondering about?

[DCPatriot]

Trump has ten days to get the money, but also ten more days to appeal everything and appeal to have the judgement invalidated.

Tangerine Mussolini has a gift for running out the clock.

https://www.youtube.com/watch?v=0x-fkSYDtUY

[Right_in_Virginia]

What’s your collateral for the bond?

CASH - Donald Trump (Video)

https://twitter.com/AlecLace/status/1772306844809040341

[Right_in_Virginia]

President Trump: "I thank the Appellate Division for acting quickly, but Judge Engoron is a disgrace to this country, and this should not be allowed to happen.". (Video)

https://twitter.com/TrumpWarRoom/status/1772294799581700171

[Free Vulcan]

Who are these partners you're wondering about?

His properties that Leddy James is trying to steal/confiscate - they are not solely owned by Trump. Many are partnerships and I'd guess those are bigger hitters who don't want to be drug thru court to bust them up.

[Hoodat]

Alec Lace
@AlecLace
What’s your collateral for the bond?

CASH - Donald Trump

I had thought that they weren't accepting anything but cash.

If Trump comes up with the $175 million, then the State of New York needs to put up interest in escrow DAILY, under the exact same terms as Letitia James imposed on Trump.  And if Trump wins his appeal, then the escrow is paid out to him. 

James is charging him roughly 8.9%.  So here's the math:

The State of New York will have to pony up $42,671 per day to cover the interest under the terms that the State of New York laid out.  (See:  Amendments V and XIV)

And since the State of New York insisted that interest be compounded daily, combined with the likelihood that this appeal gets postponed until after Jan 20, 2029, the State of New York would be liable for $279 million should Trump win his appeal.  That's a big giant $104 million FU to the Democrats running New York.

[roamer_1]

I had thought that they weren't accepting anything but cash.

If Trump comes up with the $175 million, then the State of New York needs to put up interest in escrow DAILY, under the exact same terms as Letitia James imposed on Trump.  And if Trump wins his appeal, then the escrow is paid out to him. 

James is charging him roughly 8.9%.  So here's the math:

The State of New York will have to pony up $42,671 per day to cover the interest under the terms that the State of New York laid out.  (See:  Amendments V and XIV)

And since the State of New York insisted that interest be compounded daily, combined with the likelihood that this appeal gets postponed until after Jan 20, 2029, the State of New York would be liable for $279 million should Trump win his appeal.  That's a big giant $104 million FU to the Democrats running New York.

That's right... Without harming the ability to counter-sue... So the FU could be way bigger than that.
And it ought to be. This kind of crap just naturally has to stop - And this is how you do it.

[roamer_1]

His properties that Leddy James is trying to steal/confiscate - they are not solely owned by Trump. Many are partnerships and I'd guess those are bigger hitters who don't want to be drug thru court to bust them up.

Don't know, one way or the other.. But good point.

[Smokin Joe]

Letitia's "train" is on a short track!

It isn't the length to the track. The bridge across the canyon (that divides law from lawfare) is out though...

[sneakypete]

I knew this was going to happen

You don’t use the legal system to bankrupt somebody just because you don’t like that person’s politics

@LMAO

Seems like you do in NY.

Trump was just fortunate enough to have the backing to fight this in court.

Who knows how many  people those scum buckets bankrupted and ruined by doing similar things to them,and unlike Trump,they didn't have the resources to fight it in court where it would see the light of day?

[sneakypete]

You're witnessing the government trying to bankrupt a political opponent and you're calling the target of the lawfare Mussolini?  What is wrong with you?

@Right_in_Virginia

It's called "eaten alive with envy  and hatred".

[sneakypete]

I had thought that they weren't accepting anything but cash.

If Trump comes up with the $175 million, then the State of New York needs to put up interest in escrow DAILY, under the exact same terms as Letitia James imposed on Trump.  And if Trump wins his appeal, then the escrow is paid out to him. 

James is charging him roughly 8.9%.  So here's the math:

The State of New York will have to pony up $42,671 per day to cover the interest under the terms that the State of New York laid out.  (See:  Amendments V and XIV)

And since the State of New York insisted that interest be compounded daily, combined with the likelihood that this appeal gets postponed until after Jan 20, 2029, the State of New York would be liable for $279 million should Trump win his appeal.  That's a big giant $104 million FU to the Democrats running New York.

@Hoodat


And it couldn't  happen to a more deserving group of people.

[sneakypete]

It isn't the length to the track. The bridge across the canyon (that divides law from lawfare) is out though...

@Smokin Joe

Doesn't matter. Any accusations or charges placed against her will be dismissed as "racism".

Some people in the America of today really ARE "more equal" than other people.

[Bigun]

It doesn't matter if, in the end, Trump only agrees to pay very little the precedent will have been set and the government will then be able to attack anyone they choose via the courts and ruin them.

[roamer_1]

It doesn't matter if, in the end, Trump only agrees to pay very little the precedent will have been set and the government will then be able to attack anyone they choose via the courts and ruin them.

That ain't what this is. He's posting a bond. He gets it back if he wins. And he will win on appeal.

[Wingnut]

It isn't the length to the track. The bridge across the canyon (that divides law from lawfare) is out though...

Maybe Nathan Wade can lay some more track ....

[Bigun]

That ain't what this is. He's posting a bond. He gets it back if he wins. And he will win on appeal.

Did you even read what I posted @roamer_1

[catfish1957]

I think it is just a matter of time before these tactics are universally practiced in this country, where once the government understands your ideological leaning, they will create faux criminal and civil attack law enforcement systems and kangaroo courts to administer "justice"

This is just the tip of the iceberg. 

p.s.  Don't tear off that matress tag.   

[corbe]

   So the RNC put up more collateral and secured the $175 million loan?

[Bigun]

https://twitter.com/DanPatrick/status/1772637334602727670

[sneakypete]

I think it is just a matter of time before these tactics are universally practiced in this country, where once the government understands your ideological leaning, they will create faux criminal and civil attack law enforcement systems and kangaroo courts to administer "justice"

This is just the tip of the iceberg. 

p.s.  Don't tear off that matress tag.   

@catfish1957

I don't  think there is anything new about the "proper authorities" looking for obscure excuses to ruin anyone they think is a threat to their power.

They have the courts,the judges,the DA's,and the list of jurors,so you KNOW they are going to use them if that is what they have to do to eliminate a "speed bump" in their drive to totalitarianism.

It's just more obvious now in this day of 24 hour news reports.

[Bigun]

https://www.iheart.com/podcast/44-the-michael-berry-show-27764850/episode/it-was-a-big-day-for-162281919/

Listen!