Trump claims he has $500 million in cash, undercutting lawyers' claims on bond money
Trump claims he has $500 million in cash, undercutting lawyers' claims on bond money
It will be fun when this statement is used to deny his request for a stay on his bond in court.
Right?
Like you can't have it both ways. Either you've got the money for the bond, the money for the settlement, for both or neither. Which is it?
If he actually had the cash, he would have paid it to the court before he started racking up tens of thousands of dollars in interest every day.
It's shocking to think that anybody takes this clown seriously when he tells such obvious lies. Wake the fuck up, conservatives.
Be patient, the flight from Moscow will arrive before the courts open Monday.
If he has it then there are a few judgments awaiting payment, time to start collecting.
In an unexpected turn of events, President Donald J. Trump has compared his financial situation with that of famed physicist Erwin Schrödinger's iconic thought experiment, Schrödinger's Cat. The comparison sheds light on a peculiar aspect of Trump's personal wealth: sometimes it exists, and other times it doesn't – all depending on what serves his best interests at the time.
Trump's recent explanation revolves around the concept of superposition, which postulates that two mutually exclusive situations can coexist simultaneously until they are observed or measured. In this analogy, Trump's wallet is both filled with $500 million in cold hard cash and completely empty. It only becomes one or the other when necessary.
"People don’t understand the complexity of my financial situation," said President Trump during the interview. "The world sees me as a multi-billionaire, and while that may be true, there's more to it than meets the eye." He then went on to explain how this complex financial state applies to his recent legal troubles.
As a vivid example, Trump mentioned a fine imposed on him by a New York State judge for failing to comply with the terms of a 2013 settlement regarding his now-defunct Trump University. Despite claiming to have half a billion dollars readily available, Trump argues that this fortune mysteriously evaporates whenever it comes time to pay off his debts.
This intriguing theory has left many scratching their heads. However, some experts believe that Trump's wealth is indeed entangled with his fines; they exist together in an unstable state, where paying his dues would inevitably collapse the system and reveal the true nature of his bank account.
I'm pretty sure it's just "I have $500mil, but it's also similarly promised to 43 other entities around the planet for loans/fines/operating expenses". Trump has made an art form out of ignoring anything that he has to actually pay out, why would bonds be any different for him?
Well, he's about to find out exactly why bonds are different.
Legendary!
Just like his income and assests, when filling out bank loan applications they are huge. When paying taxes they don't exist!
The mind boggles.
Lmao for real this dipshit is so easy to bait it’s incredible
The best part is how his followers will turn on him once he starts to fail.
The key to their worship is untouchability. In their eyes, getting away with shit is the holy fire, the pure essence of status. Poor losers get in trouble, rich winners are teflon, and deserve to be, as befits their power.
All the gotcha moments and demonstrations of sociopathy and hypocrisy the media clung onto only boosted his popularity, because what his followers saw was an invulnerable superman that trouble just wouldn't stick to. Look, he can strangle underage russian prostitutes and doesn't even get arrested, see how he rises above the common man!
But oh, once the glow fades. Once trouble actually finds him, and they're left with a big doddering pile of failure in diapers - failure is the one crime they will not forgive. Embarrassment, humiliation, betrayal, disgust, anger, hate. It will be absolutely glorious to watch.
Martyrdom won't work. He's going to try for it, but "see how they attack me!" doesn't work with a broken nose.
I wouldn't be so confident that his support will wane. People love a martyr and thats what hes protraying himself as.
All that isnt to say he shouldn't be prosecuted, but I'd expect his support to jump in the short term.
You don't understand. We're not talking about just any people here. Republicans want to win. They don't want to lose.
Martyrs gain support for ideas. Republicans don't have ideas or policies. They like and support hierarchy. Remember, the original conservatives were monarchists and helped the British against George Washington.
It's like a sports team. If you win, people like you more. It doesn't matter if everyone is against you. Winners are liked more than losers. No one buys someone's jersey because they're a martyr.
Think Scar and the hyenas. Or think Redmask and the K'Chain Che'Malle, if you're that way inclined.
While their glorious leader is being assailed, they will fight and die in his name, definitely. How dare the weak attack the strong?
But once his plot-armour falls off and the punches actually land? The plot-armour is what they worship in the first place. That's their whole MO, their entire paradigm. They need a bigger, more-invulnerable bully above them to give them cover, and an underclass of vulnerable-therefore-contemptible victims beneath them to make them feel both powerful and vindicated every time they oppress them.
If you upset that whole structure, and show their leader to be vulnerable... where does that leave them? How do they regain their honour?
I have 500k in cash.
Car dealer: for the last time I'm asking you to leave...
OK? We're still gonna take Mar-a-Lago bitch. We're still gonna turn Trump Tower into a Spirit Halloween. Put the money up in the next 3 days or nobody gives a shit.
Fuck that corporate shit. Trump tower get turned into a multi use building, that holds the E. Jean Carrol Institue for Accountability and Clarity in Journalism, and High-density, low-income subsidized housing for migrants.
What a bad photo of Trump. Makes him look like a fat old man with a skin condition.
Well….
A note from the Department of Redundancy Department.
well he does use a lost of makeup to cover it up
This is the best summary I could come up with:
"Through hard work, talent, and luck, I currently have almost five hundred million dollars in cash, a substantial amount of which I intended to use in my campaign for president," Trump wrote in a post on Truth Social in all caps.
"The often overturned political hack judge on the rigged and corrupt A.G. case, where I have done nothing wrong, knew this, wanted to take it away from me, and that’s where and why he came up with the shocking number which, coupled with his crazy interest demand, is approximately $454,000,000."
Trump is liable for $454 million, most of the fraud judgment, but the amount he owes has been increasing by more than $111,000 a day because of added interest.
New York Judge Arthur Engoron, who determined the amount of the judgment, issued his ruling on Feb. 23, and Trump had 30 days to hand over the cash.
Trump said in another Truth Social post in all caps Friday that Engoron "came up with a crazy, out of thin air award, in order to damage me politically, and not allow me to use any of the large amount of cash I have built up over the years, through hard work, insight, instinct, and diligence, on my political campaign for president."
Earlier this week, Trump's presidential campaign asked his supporters for money in a fundraising memo, which said, "Insane radical Democrat AG Letitia James wants to SEIZE my properties in New York.
The original article contains 499 words, the summary contains 240 words. Saved 52%. I'm a bot and I'm open source!
He is going to get dirty money and idiot cash through his Truth Social stock offering then go all Dutch tulips on the suckers.
Think this was because of the bait by the Biden team calling him broke?
Or does he actually have it, suddenly, and the state auditor is surprised at this couch money, in foreign denominations?
Or, he is double-dog-daring the DA to find out where the cash is and take it, and since he says it is "intended to fund his campaign", he will then double down on the lie that it is all ELECTION INTERFERENCE!!!!1!11!!1!one!
The DA will be pre-disposed to seize cash, since it's value is not subject to appraisal.
In the article, it quotes him and it's exactly what he's doing
I'm positive this is the play he is making. It's quite obvious.
Yeah that totally makes sense.
At the same time, I would fucking love to see the Feds seize Trump Tower.
Except it’s not up to the DA to find the cash. Come the 25th. He either hands it over or they’re going after whatever they can get their hands on the easiest.
They aren't going to go looking. They're going to take whatever is in plain sight.
Biden is out fundraising him, too. This is Trump's
'one stone, two birds' attempt. "I'm not broke!! And I have way, way more fundraising success than you!"
He is melting down like an ice cream cone in South Louisiana in August.
They'd be eating snowballs
Wait till he finds out 500 million rubles is only worth $5 million dollars.
You didn't make that up.
I'm sure it was Elon haha