Legal expert: Trump lawyer begging for “mercy” suggests he’s “having difficulty” coming up with bond
Legal expert: Trump lawyer begging for “mercy” suggests he’s “having difficulty” coming up with bond
The NY Times' Maggie Haberman reported "there is clearly a problem so far in acquiring a bond.”
"Requiring President Trump to post a bond or other security before this Court's ruling on his stay motion threatens to impose irreparable injury in the form of substantial costs (which may or may not be recoverable)," the attorneys wrote.
I wish the judge's ruling would simply quote this part and then say, "Yep." And then the legalese indicating the the request is denied.
(Also -- I actually don't agree that him trying to squirm out of paying means anything in particular about whether he has the money. Delaying and avoiding paying big bills and hoping that if he stalls them enough, they'll go away, has been Trump's MO since the 1980s.)
I assume he is unable to come up with enough cash because his liquid cash has been worn down and he can't free up enough from his illiquid funds because that is in properties that he can't sell or securities that are not in the green.
He could put up securities or even property as collateral for an asset back loan to cover the bond, but that comes with other issues.
He can sell, unless there’s some really hokey contract clause with local/state government regarding continuation of service or whatever.
He doesn’t want to sell, and not at the discount rate a quick sale like this would require. He screwed himself on getting loans even before the judgement blocking financing the penalty, what banker would look at an adjudicated conman, with a history of non-payment even when court ordered, and seriously present half a billy as a good investment for their fund/shareholders?
His problem is that, as a rich person in the US, he's only used to getting money, not paying any, let alone being made to pay money that he owes.
"Requiring President Trump to post a bond or other security before this Court's ruling on his stay motion threatens to impose irreparable injury in the form of substantial costs (which may or may not be recoverable)," the attorneys wrote.
"We assert that Trump should receive special benefits that no other appellant would ever receive."
He's not president atm, is he? Why does he call him that then? Call him former president if you need to.
That is historically how you formally address former presidents.
It's a weird thing they do for anybody that held an official title previously (maybe just in America), I've seen it before for Mayors, Governors, Senators, Presidents. It seems like such a confusing thing, like shouldn't they be referred to as "Citizen [[name]]" or something, to indicate the change in position?
Being willing to performatively honor Trump's delusions, e.g. calling him the president because he is happier with that than with being the former president, is a key requirement for him to be happy with your job performance. It is probably the most valuable requirement for working with him, in his mind.
Because God-king has yet to be installed as an official title
I believe in this case not including "former" makes more sense due to it being lawyers speaking on behalf of former President Trump. He may be named as such in court documents as well.
If it was you and I speaking of former President Trump we would use "former". If you were speaking to former President Trump, you would address him directly as President Trump unless you were intending to be "disrespectful".
Used to be normal to call a former POTUS "President".
https://uk.usembassy.gov/our-relationship/contacting-former-presidents/
OTOH, I'm reading that's not correct. 🤷🏻♂️
He might be cash poor but he has tons of assets he could sell . Didn't see say lard-a-lago is worth 1.8B or something? Put it on the market and prove it. If that were true then selling it would make him a real billionaire overnight.
Does he even fully own it, or any property?
Remember. A Trump never pays their debts
Trump told the police "Not to be too nice" to people in custody.
Squirm, you orange leech, squirm!
If this money is not payed on Monday, what happens next?
the supreme court will rule that former presidents are immune from paying money to the court and the matter will be completely forgotten that same day.
I think that’s when she can start going after his assets. May also be when interest begins to accrue, which is probably tens of thousands each day.
😆
"I don't want a loser broke president"
I wonder if he knows what the blue part of red white and blue means, he's clearly trying to sport patriotic colors.
Well, I certainly don’t either, and I’m American (then again, I’m also not on trial, haven’t been indicted repeatedly, and I’m not running for office). I’m just ignorant.
Ya, you weren't the president though
Really? I thought begging for mercy was what the person with the upper hand did, but I'm not the expert here.