Oh, buddy. Everyone laughs at you all the time. That time was just to you face.
“What, they’re going to start seizing assets if he can’t put up something that’s not available in the United States?”
Yup.
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.
Possibly he knows that, and is just trying to bleed his supporters for donations until the last moment.
We gotta teach the trump’s how to count? No wonder they committed extensive fraud for decades.
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
They still loaned him a fuck ton of money that they sure won’t ever see again. So I don’t know how they dodged a bullet.
Chubb did a fully collateralized bond. Meaning they got something of actual value, not just trump’s word. In this case a Schawb brokerage account full of stocks and bonds for (I believe) more than the value of the bond. Plus Chubb probably added a fee on top of the value of the bond to service the transaction. When trump loses the E Jean Carroll appeal, Chubb will hand over cash and sell off the assets in the Schawb account and pocket their service fee.
They should consider committing less crimes.
Why not both? Fewer and lesser crimes. I’ll have one count of jay-walking please
Meanwhile, Daddy was bragging on truth social that he had $500 million in cash a couple days ago
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 claims he has half a billion in liquid cash.
- He has a donate to his legal expense portal.
- 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.