this post was submitted on 26 Feb 2024
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But, he didn't post a bond, so he still owes the court.

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[–] RedditWanderer@lemmy.world 74 points 8 months ago (3 children)

In case you are wondering his delay tactics and appeal is not to say that he did not do these things, he's trying to argue that he paid back the loans he fraudulently acquired so no harm no foul. He's actually opening himself up to more lawsuits, but by then he hopes to Pardon himself as president

[–] aseriesoftubes@lemmy.world 55 points 8 months ago (3 children)

but by then he hopes to Pardon himself as president

I wish him luck pardoning himself on state charges. The state of NY don’t give a fuck and will start seizing his assets.

[–] fluxion@lemmy.world 70 points 8 months ago (3 children)

He ain't paying shit if he's president, he will conduct himself like a little Putin / Kim Jong Un and nobody will be able to arrest or stop him. He'll retaliate through every legal or illegal means available to prevent any enforcement of such a verdict.

He cannot be allowed to become President. He will destroy the rule of law in this country.

[–] some_designer_dude@lemmy.world 51 points 8 months ago (3 children)

Considering his freedom after a widely televised insurrection, kinda looks like “rule of law” has already been destroyed in your country 🧐

[–] pearsaltchocolatebar@discuss.online 7 points 8 months ago* (last edited 8 months ago) (1 children)

It never really existed for the rich and powerful. Just for the peasants.

The only time you see the rule of law apply to the rich and powerful is when they harm other rich and powerful people.

[–] Eldritch@lemmy.world 3 points 8 months ago

They're the order the law is there to preserve.

[–] CasualPenguin@reddthat.com 2 points 8 months ago

That was just locker room insurrection

[–] homesweethomeMrL@lemmy.world 3 points 8 months ago

The people Who Are Supposed To Know Better need to figure out what they’re going to do when that happens because if this demented rapist is set to lie about defending The Constitution for a second time well, then he thinks he’s a king . . . And we don’t play that. Failure by the FBI, failure by the DCI, failure by the DoJ - we live in this country to chew gum and not have a king. And we’re about out of gum.

Merrick! Wake up! Phone’s ringing, Dude.

[–] mozz@mbin.grits.dev 15 points 8 months ago

This is why they need things like the Florida State Guard and the Oathkeepers and why they're inviting confrontations between the Texas National Guard and border patrol. Their plan is not based on anything legal; their plan is "we have big guys with guns and we'll shoot you if you try to enforce the law."

[–] Badeendje@lemmy.world 4 points 8 months ago

If this runs to conclusion and the verdict stays, most likely the banks that where duped will request the difference between what he paid and what he should have paid if they knew the true financial reality, if they would have lent to him at all.

The lying on real estate value most likely also influenced the prices of other real estate to be higher. So people that bought real estate will also have been influenced. They will have a hard time proving it, but the downstream effects will be there.

[–] TropicalDingdong@lemmy.world 15 points 8 months ago (1 children)

He still has to post the bond though?

Which means he is still going to be in the liquidity cruch, which imo, is of far greater concern to him.

[–] KISSmyOS@feddit.de 16 points 8 months ago (1 children)

He has to do a lot of things, legally. That doesn't seem to concern him too much, though.
He'll die from from old age, rich and without ever having seen consequences for his actions.

I take comfort in the fact that he was never, won't ever be, and is probably incapable of being, content and happy.

[–] pearsaltchocolatebar@discuss.online 6 points 8 months ago (1 children)

Trump is by no means rich. He's just cosplaying.

There's a reason he never pays his legal fees.

[–] KISSmyOS@feddit.de 9 points 8 months ago* (last edited 8 months ago)

He lives the lifestyle of the rich, no matter what his bank statements say.
He's the living, breathing proof that when you're part of the upper echelon of our economic system, money is completely imaginary.

When I subtract my debts and open obligations from my assets, the result is probably a lot higher than Trump's, but he's the one who still shits in a golden toilet.

[–] Zitronensaft@feddit.de 2 points 8 months ago* (last edited 8 months ago)

That is such a ridiculous argument. The harm is in the opportunity cost to other potential borrowers and the burden of the added risk the bank was taking on unknowingly. He was tying up bank funds on risky fraudulent investments and that meant there were less funds available to loan to other people who weren’t fraudulently claiming their assets had a highly inflated value. He has declared bankruptcy in the past, there was no guarantee the investments would’ve worked out and the bank could’ve been exposed to huge losses without enough assets to cover their liabilities if a bunch of people started using Trump tactics and lying about their holdings to get extra loans. Banks don’t have infinite money.