Trump NY indictment thread

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trenchfoot

Lifer
Aug 5, 2000
15,546
8,073
136
Damn, if the past holds true, this mega-million penalty against Trump&Sons will skyrocket Trump's popularity through the roof. Sounds crazy, sure, yet that's the proven cause and effect that the Trump syndrome has infected his party with.
 

fskimospy

Elite Member
Mar 10, 2006
87,473
54,244
136
Damn, if the past holds true, this mega-million penalty against Trump&Sons will skyrocket Trump's popularity through the roof. Sounds crazy, sure, yet that's the proven cause and effect that the Trump syndrome has infected his party with.
That’s not what happened before either. Only within the Republican Party.
 

BoomerD

No Lifer
Feb 26, 2006
65,765
14,182
146
Nothing of substance has happened. He's still the favorite to be the next President.

unfortunately, I think this is correct. Biden is toast. The Special Counsel’s report on his age/forgetfulness has done him in, much like Comey’s report on the eve of the 2016 election did for Hillary.

Losing over half a billion dollars in civil judgements is not "nothing" and I think even he would

Nope…not yet. He still has several layers of appeals…and IF he loses those, he’ll always have bankruptcy. Looks like he can’t use bankruptcy to get out of it. (how many times has he done that?)
 
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BoomerD

No Lifer
Feb 26, 2006
65,765
14,182
146
That whooshing sound is the goalposts flying past my head.

As bad as it looks to us, nothing of any real consequence (to King Donnie) has happened yet. He still has way too many levels of appeal to use…and worst case…bankruptcy. Legal fines are generally NOT dischargeable in bankruptcy…(plus all the PAC money)
 
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K1052

Elite Member
Aug 21, 2003
51,537
44,081
136
Nope…not yet. He still has several layers of appeals…and IF he loses those, he’ll always have bankruptcy. (how many times has he done that?)

Not sure about NY law but I don't think it is a given that it would be dischargeable. Especially not after saying under oath he had $400M in cash.

Anyway to appeal he has to put up the cash or some assets equivalent.
 

fskimospy

Elite Member
Mar 10, 2006
87,473
54,244
136
unfortunately, I think this is correct. Biden is toast. The Special Counsel’s report on his age/forgetfulness has done him in, much like Comey’s report on the eve of the 2016 election did for Hillary.
This is bizarre doomcasting. Gothuevos clearly enjoys filling his diaper but it’s funny that you’re throwing your lot in with the guy whose predictions are literally always wrong.
Nope…not yet. He still has several layers of appeals…and IF he loses those, he’ll always have bankruptcy. (how many times has he done that?)
First, he has to put up a bond for the entire amount to start. Second, if he declared bankruptcy the state could liquidate his assets to get what they are owed.

You guys are beclowning yourselves.
 

BoomerD

No Lifer
Feb 26, 2006
65,765
14,182
146
Don’t misunderstand, I am NOT a Trump supporter…I’d LOVE to see the Orange shitstain locked deep in the bowels of some nasty state or federal prison…and his fortunes stripped away so he dies a pauper…but it just ain’t gonna happen.
 

fskimospy

Elite Member
Mar 10, 2006
87,473
54,244
136
Don’t misunderstand, I am NOT a Trump supporter…I’d LOVE to see the Orange shitstain locked deep in the bowels of some nasty state or federal prison…and his fortunes stripped away so he dies a pauper…but it just ain’t gonna happen.
You said he could declare bankruptcy to avoid this judgment. That is simply untrue.

You guys just keep moving the goal posts every time you are wrong.
 

Muse

Lifer
Jul 11, 2001
40,226
9,850
136
Liberals put Orange Jesus on a cross.
These next 11 months are going to be hell.
Only if you let them be. Nobody's gonna torture me with Trump. Even if he wins the presidency. I'd give some thought to leaving the USA, maybe even do it, but get me down? Nope.
 

fskimospy

Elite Member
Mar 10, 2006
87,473
54,244
136
Time for a fire sale on Trump Org. assets.

For someone facing no consequences this seems bad.
 

BoomerD

No Lifer
Feb 26, 2006
65,765
14,182
146
You said he could declare bankruptcy to avoid this judgment. That is simply untrue.

You guys just keep moving the goal posts every time you are wrong.

Yep. Just looked it up. Legal fines are generally not dischargeable in bankruptcy. Sue me…I ar not a lawyer.
 
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manly

Lifer
Jan 25, 2000
12,999
3,759
136
Yep. Just looked it up. Legal fines are generally not dischargeable in bankruptcy. Sue me…I ar not a lawyer.
@fskimospy asks if you're sufficiently well-stocked on adult diapers before he invests in Kimberly-Clark, makers of Depends.


For argument's sake, let's say Forbes is right that DJT is worth just north of $2B. He's got at least part ownership of several valuable properties. So chances are he can sell off one of them and pay off this civil fine, if it ultimately comes to that. Nobody really expects him to die a pauper. He'll just continue to grift off of senior citizens to pay his legal bills. The Presidency is obviously his only get out of jail free card.

OTOH his actual businesses are terrible money losers, even by his crooked tax filing standards. He won't get a whole lot for the golf courses in a fire sale, and you're almost doing him a favor buying some of those off of him.

But first things first, there will be appeals for a long time yet. It's far from guaranteed he'll ever pay a $355M fine.
 

fskimospy

Elite Member
Mar 10, 2006
87,473
54,244
136
@fskimospy asks if you're sufficiently well-stocked on adult diapers before he invests in Kimberly-Clark, makers of Depends.


For argument's sake, let's say Forbes is right that DJT is worth just north of $2B. He's got at least part ownership of several valuable properties. So chances are he can sell off one of them and pay off this civil fine, if it ultimately comes to that. Nobody really expects him to die a pauper. He'll just continue to grift off of senior citizens to pay his legal bills. The Presidency is obviously his only get out of jail free card.

OTOH his actual businesses are terrible money losers, even by his crooked tax filing standards. He won't get a whole lot for the golf courses in a fire sale, and you're almost doing him a favor buying some of those off of him.

But first things first, there will be appeals for a long time yet. It's far from guaranteed he'll ever pay a $355M fine.
Even if he never ends up paying the fine (unlikely) it doesn’t change the fact that he has to put up the cash now.
 

QueBert

Lifer
Jan 6, 2002
22,915
1,114
126
I'm impressed by the number of MAGAs replying on YT videos about how this ruling's great for Trump. I didn't even know this, but the more trouble he gets in, the better his polling numbers become apparently. If that was true, wouldn't they want Trump to go on trial and lose every case? By their logic, 91 convictions would have to lead to the entire country voting for him. One explained to me why people want to vote Trump after a conviction. It's because they hate to see the justice system abuse its power by going after innocent people. MAGA followers sure have very vivid imaginations. I know some are just saving face, but there are a lot who really believe it's not just MAGAs who go "poor trump!" when he gets charged with a felony or loses a court case. I haven't spoken to any of my friends or neighbors about this yet. But I know him being found guilty isn't going to make a single one decide to vote for him now lol.
 

hal2kilo

Lifer
Feb 24, 2009
25,543
11,928
136
As bad as it looks to us, nothing of any real consequence (to King Donnie) has happened yet. He still has way too many levels of appeal to use…and worst case…bankruptcy. Legal fines are generally NOT dischargeable in bankruptcy…(plus all the PAC money)
His finances are completely screwed. He's not allow to borrow any money for the settlement. Fortunately, I don't personally know any deplorables, so my reality tells me this is no win by any stretch of the imagination.
 

BoomerD

No Lifer
Feb 26, 2006
65,765
14,182
146
Even if he never ends up paying the fine (unlikely) it doesn’t change the fact that he has to put up the cash now.

Most likely, just a bond. Yes, he'll have to put up collateral equal to, or greater than the amount of the bond, but for a mega-bazillionare, that should be easy-peasy.
 

K1052

Elite Member
Aug 21, 2003
51,537
44,081
136
He can’t borrow from any financial institution in NY for 3 years. I imagine a bond would be out of the question even if he found somebody willing.
 
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