Donald Trump: Classic or Dud?

Guys, you're missing some major points here, which that quote above underscores -- he needs the money now, and there's no guarantee it'll all be that valued down the pike when he can actually cash in, which is about six months from now.

and jimmy carter had to sell his peanut farm

I mean the latest Trump lawyer filing was them saying "Uhhhh we can give you a bond for $100 million?" That is not a sign of overwhelming confidence in their current situation!

Shares of Digital World have soared this year on expectations that the deal will be completed and that Mr. Trump will win the Republican nomination for president. The stock closed on Monday at $47.23 per share.

Trump will get the nomination. That's a cinch. This merger deal might even close before September and the final run up to the election. But DJT's going to lose and then he'll revert to being the same Florida Man he's been since January 2021. That's if he stays out of jail. So how does that scenario make Truth Social worth one cent more in 2025 than today?

I find that share price of $47 kinda suspicious, since Trump wants to make the number 47 part of his branding, like he did with 45.

https://www.zodiacsigns-horoscope.com/wp-content/uploads/2019/08/47_angel_number-758x426.jpg

Trump loses the most important part of his initial petition to the appellate division in New York.

“The interim stay is denied as to the enforcement of money judgment”https://t.co/5Gx1yAcEVt pic.twitter.com/fpSteed3Qd

— southpaw (@nycsouthpaw) February 28, 2024

Did I also see that he is trying to get away with posting just $100 million of that $400 million plus judgment?

they should allow this, in exchange prosecutors get to light a new property of his on fire each week

only if we can start with Mar-A-Lago

the saudis can cover his debts, no problem

eight fucking years and I can't think of a single significant consequence this guy has had for anything he's done, I am really trying to stay positive here but I am so so tired of it

half afraid of him dying and then finding out he made a deal to come back on weekends or some shit

single significant consequence

Clogged arteries?

how does this work, would Digital World shareholders be very happy about a merger that instantly puts a half a billion hole in their finances. Not really asking - just muttering to myself.

I doubt he can liquidate all of that stock at once.

I doubt he can liquidate all of that stock at once.

But anyone even halfway paying attention knows he's gonna try. Which really limits (or should limit) how high the price will be able to rise. Gonna be hard to pump-and-dump when every other product you've ever slapped your name on has been a flaming bag of shit.

Securities law was my least favorite class in law school, but there may be legal limits on how much he can sell. Not that that would stop him.

so... what just happened with the Supreme Court? did they hand him another win?

so sick of this shit

I don't even have the SC thread bookmarked anymore because it is so relentlessly depressing

“They let you do it”

It's been an up-and-down day in Trump world. On the one hand, the Supreme Court agreed to hear arguments relating to "Presidential immunity" vis-a-vis being thrown off ballots. That'll happen in late April. On the other hand, he got slammed hard financially.

Donald Trump now owes the state of New York $454 million. To appeal the verdict and to pause the state’s efforts to collect the judgment during that appeal, Trump has to post a $454 million bond. Today Trump’s lawyers went into court and asked the judge to accept a $100 million bond in lieu of the $454 million. They said that $100 million was as much as Trump could come up with. If the judge rejected the plea, “properties would likely need to be sold to raise capital under exigent circumstances.” In other words, Trump would have to sell off property at fire-sale prices and suffer harm that could not be undone if he gets the judgment thrown out on appeal.

Associate Justice Anil Singh denied Trump’s request.

the Supreme Court agreed to hear arguments relating to "Presidential immunity" vis-a-vis being thrown off ballots. That'll happen in late April.

OK I can live with this, thank you

also, fuck 5/9 of the Supreme Court forever, die die die

but the immunity case that's being delayed is the DC case about trying to overthrow the 2020 election, not the ballot access case

eight fucking years and I can't think of a single significant consequence this guy has had for anything he's done, I am really trying to stay positive here but I am so so tired of it

― I painted my teeth (sleeve), Wednesday, February 28, 2024 2:28 PM (one hour ago) bookmarkflaglink

same, it's pretty dispiriting

xp oh that's just great, fuck this fucking country forever

yes

sleeve otm, on both counts. I appreciate those of y'all keeping up the optimism for all of us, but I'm pretty fuckin' tired of the, "no wait, really, THIS is the one that will give him a meaningful consequence, promise".

The grift continues down the generations: https://www.theguardian.com/us-news/2024/feb/29/donald-trump-jr-australia-tour-2023-ticket-refunds-waiting-brisbane-melbourne

why the FUCK would you pay to see that weird beard? does he sing or something? fuck that dude and the kangaroo he rode in on

The answer is, I hope, stop following Trump news (I don't) and do what you must to get local Dems enthused.

Ensuring he loses in November means more to me than following the daily scrim but ymmv

I hear that but I am in a blue state, my options are pretty much limited to donating when/where I can afaict

If there's any consolation to be had, much of Trumpian wealth is in real estate. Including commercial real estate, like office buildings. That market is in the toilet.

Basically no one wants to go to an office anymore, and given interest rates, it is really hard to sell or buy any sort of real estate, and commercial real estate is particularly difficult.

As of today, the main consequences he's suffered have only consisted of staving off his serious legal jeopardy, not eliminating it. He has not been able to dispose of it, but he can, at a huge cost in lawyer's fees, postpone or minimize those consequences for a while longer.

He knows that the only completely effective strategy for eliminating the dire consequences of his multiform civil and criminal liabilities is to win the election and spend all his energy destroying what's left of the federal government and converting its apparatus into his wholly owned subsidiary, cowing all his enemies into submission or prison. He really envies Putin's death grip on Russia and would love to follow in his path.

"a huge cost in lawyer's fees"

wait he pays his lawyers now?

just the ones he hires when the ones he hasn't paid sue him

hey have a question re the (450-million-+ counting) costs/late fees/interest - but see what seems conflicting comments re what Trump actually has to put up

So what I get is options aside from accept and pay-up are 1. put up full bond of assessed amount but 2. in some articles (reputable or semi-reputable publications - atlantic, slate, guardian, TPM, etc) some seem to state that he could do a 35 million bond(maybe 45 now with interest) post with a bondsman - standard 10% know from the fall guy.

my question is are some of these lawyers being quoted just messing up as conversant with one state's laws and not anothers? Is Trump just unwilling to pay whatever interest and legal attachment of assets to bond (of 35/45 million - not 100 mill he just offered to put up to escape the 450 million bond) he'd have to do? Being cheap and hoping appeals run out?

I think he and his lawyers are trying to negotiate it, and it is very doubtful they will have success with that.

if he uses a bondsman the bondsman has to be ultra secure that whatever Trump puts up in collateral is worth the amount Trump says it is.

how do you think that's gonna go

he's fucked financially

I really don't think he's as fucked as we'd all like him to be, amazingly he still has plenty of rich dumbfucks that love the "access" to him at Mar-a-Lago willing to help him out. Not to mention the millions of not rich people still willing to throw money at him. As long as he can still con these rubes, he's not well and truly fucked.

he will die, I'm guessing within the next decade or so, and I have every intention of outliving him. it's cold comfort but that's all I'm serving today.

ok let me rephrase that

he's totally fucked financially and there's very little he can do about it, and people are not going to throw enough money to him for him to crawl out of it

I think his kids are more fucked than he is. He'll either be President again or go off somewhere to die in peace, but his family is unlikely to be able to grift at such a high level after he's dead.

there have to be gold bars buried on that golf course of his somewhere. they will spend the rest of their lives digging for it.

I think his kids are more fucked than he is. He'll either be President again or go off somewhere to die in peace, but his family is unlikely to be able to grift at such a high level after he's dead.

Twenty-four hours after he's officially declared dead the Russians and the Saudis are gonna round up all the Trump kids and explain exactly how they're going to start paying off their father's markers, immediately, and who's going to get bone-sawed first if they don't.

You all are fucking delusional. Those shits are going to stay rich until they, too, die.

that's what the bone saw is for