Dementia J Trump can't even come up with $83M. It's going to be interesting how low the prices go during his estate fire sale to come up with 1/2 a billion. What a loser.
this post was submitted on 08 Mar 2024
253 points (97.7% liked)
politics
18933 readers
3148 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
Vice President Putin has entered the room.
He’s way over there at the end of the table
Can we crowdfund the cost and buy it ourselves to have fediverse parties?
Host a drag convention at the place formerly known as Trump Tower
Adding to demand will drive the price up .
A New York judge on Thursday denied Donald Trump's request for a temporary delay of the penalties in E. Jean Carroll's defamation case, leaving the former president three days to pay or post a bond for the entire $83.3 million judgment.
lol
Pay up deadbeat.
Posted this once before and I’m gonna keep going until it no longer amuses me:
One of the ex-presidents of a very big country stood up and asked me, he said to me, “Well sir, if I don’t pay and I’m charged by the court - will you protect me?”. I said “You didn’t pay? You’re delinquent?” He said “Yes let’s say that happened.” No, I would not protect you. In fact, I would encourage the attorney general to do whatever the hell she wants. You gotta pay. You gotta pay your bills.
Awww, too bad...Guess he spent all his money on adult diapers and wedges to put under the front of his shoes so his fat ass doesn't fall on his loser fake ass spray tan face.
Get fucked, you piece of shit garbage human being.
Hamberders aren't free ya know!
Neither are porn stars!
Surely a real BiLliOnAirE would easily be able to lay his hands on a paltry $83 million...
I thought he was rich. Fucking lol.
Even if he has a net worth that is legitimately where he claims(it isn't), he would not have tens of millions available. All his money would be in properties, bonds, stocks, and some squirreled away in Russian nesting dolls of accounts overseas. You don't keep millions in the bank when inflation is where it is at, putting it in property or other assets is safer and more profitable.
With actual billions in net worth, he would probably have to lose tens of millions to have $83m transferrable in "short" notice and it could take weeks.
The $83m is probably doable, the half billion is probably going to need outside financing or property loss. So we will see a better picture of things when some of his properties go up for sale at a deep discount compared to his appraisal. Lol
The $83m is probably doable, the half billion is probably going to need outside financing or property loss.
Real billionaires just use their assets (those properties, bonds, and stocks you mentioned) as collateral against a loan. They could then take the weeks or months needed to liquidate other assets at maximum value to pay off the loan.
I mean, you don't even need to be a only 1%-er to get a loan against your stocks with a Pledge Asset Line (of credit).
" What is a Pledged Asset Line?
A Pledged Asset Line from Charles Schwab Bank, SSB ("Schwab Bank") is a non-purpose line of credit that allows you to borrow against the non-retirement assets in your portfolio—without having to liquidate your investments."
Absolutely, but he is likely overleveraged against inflated assets. He still owes on multiple properties and at least one of his NYC properties he can't sell for a couple decades.
Luxury properties aren't selling very well right now. It could take years to sell off enough to cover the $84m, I think Mar a lago would need to be sold to cover the half billion. He can of course find a buyer quickly from outside the country, but sanctions could be a problem.
I think Mar a lago would need to be sold to cover the half billion.
I find these terms to be acceptable.
the most amazing thing about this is the fraud case proved that his assets aren’t worth what he says so getting a loan against them is going to be damn near impossible! 🥹
The problem is finding a legitimate bank that would even attempt a loan with him.
Watch he tries to take a payout from a foreign government and gets punched in the mouth by sanctions
And then cry as he's still allowed to run for office
Who cry? When he won the first time it was the biggest mistake he'd ever made lol
Elons money is just as good as Putins.
If he manages to pay this, I think a thorough investigation into the sources of the money are in order.
I'm sure he'll make that payment any day now.
He is going to come up with some ultra petty way to pay. Like paying in 2300 tons of pennies
Yeah that's how you get another lawsuit.
https://www.nbcnews.com/news/feds-sue-auto-repair-shop-paid-former-employee-pennies-rcna11339