The Briefing Room
General Category => Editorial/Opinion/Blogs => Topic started by: mystery-ak on March 20, 2024, 02:48:14 pm
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What Happens If Trump Can't Make Bond in New York?
Jazz Shaw
Yesterday we learned the shocking news from Donald Trump's legal team that he has thus far been unable to raise the ludicrous sum of $454 million to post a bond in his civil "fraud" trial in New York City. Under the terms of the latest round of lawfare being waged against him by partisan NY Attorney General Letitia James, Trump is supposed to put up the bond in cash and can not use the value of his properties to cover the requirement while he appeals the ruling. Trump's team reportedly approached multiple financial firms, but none were willing to put up the cash against the value of his properties without doing so at a ruinous disadvantage to the former President. The deadline is Monday, so what happens if he can't pull this off or obtain some relief through the courts? The DA will be able to start going after his properties around the city, something she has previously said she "would not hesitate to do." (NY Post)
New York Attorney General Letitia James will be free to start going after Donald Trump’s prized properties should the former president fail to make the deadline to post the $454 million bond in his civil fraud case.
Trump, 77, on Monday filed papers in an appeal court case seeking to get out of having to post the bond as he fights the massive judgment from February — which accrues $112,000 in interest daily.
The presumptive Republican 2024 presidential nominee had approached over 30 firms to secure the bond — to no avail — and he’s facing “insurmountable difficulties” getting the financial backing, his attorneys wrote in the filings.
This has been the goal of Letitia James from the beginning, almost certainly in coordination with Biden's Justice Department and the White House. It's just one element of the larger lawfare playbook being deployed against Trump. They will do their level best to try to bankrupt him and tarnish his image as a successful entrepreneur, hoping that it will drag down his standing in the polls.
more
https://hotair.com/jazz-shaw/2024/03/19/what-happens-if-trump-cant-make-bond-in-new-york-n3784959
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Why should he do this right now,when we all know that the very next day the left will file new charges against him to get him arrested again?
Best move is to wait until the absolute last minute to get bail,and then use that in his campaign.
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What happens if Trump can't make bond in New York? Nothing. The sun will rise in the east, and set in the west. Life, and the world, will continue on.
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Why should he do this right now,when we all know that the very next day the left will file new charges against him to get him arrested again?
Best move is to wait until the absolute last minute to get bail,and then use that in his campaign.
??? Will it prevent him from being the nominee???
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bele tolls:
"Will it prevent him from being the nominee???"
No.
It will further accelerate his candidacy.
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bele tolls:
"Will it prevent him from being the nominee???"
No.
It will further accelerate his candidacy.
I think that either the NY Court of Appeals or the federal court system will overturn some aspects of this. When that happens, it will boost his candidacy.
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When did the State of New York stop accepting property bonds?
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For an alleged crime, where the institutions do their own valuations, where some loaned money and were paid back, with interest, on time, I think he has an Eighth Amendment case, for sure.
Time to stomp this BS.
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For an alleged crime, where the institutions do their own valuations, where some loaned money and were paid back, with interest, on time, I think he has an Eighth Amendment case, for sure.
@Smokin Joe
Doesn't matter. The left plans to do to EVERYBODY what they are doing to Trump. They just had to start early on him because his campaign represents a danger to their take-over of America so they can turn it into another "People's Paradise",where we will all be slaves,just like in China.
"We iz da wurld........
We iz da peep-pulls....."
Have fun in the labor camps,young people!
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@Smokin Joe
Doesn't matter. The left plans to do to EVERYBODY what they are doing to Trump. They just had to start early on him because his campaign represents a danger to their take-over of America so they can turn it into another "People's Paradise",where we will all be slaves,just like in China.
"We iz da wurld........
We iz da peep-pulls....."
Have fun in the labor camps,young people!
Slaves are not armed, and I intend to be so long as I live.