A New York appeals court has given Donald Trump 10 more days to post his bond as he appeals the civil fraud judgment against him and cut the amount necessary to $175 million
A New York appeals court has given Donald Trump 10 more days to post his bond as he appeals the civil fraud judgment against him and cut the amount necessary to $175 million.
It’s a major lifeline for the former president, who, along with his adult sons and his company, were fined more than $464 million, including interest, after Judge Arthur Engoron found Trump and his co-defendants fraudulently inflated the value of his assets.
The ruling staves off the prospect, for now, of New York Attorney General Letitia James seeking to seize the former president’s property to enforce the judgment against him. Trump had been struggling to come up with the means to post a bond of more than $500 million, the total that he would have needed before Monday’s appellate decision.
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The ruling stated that the $175 million bond will be in place until at least September, meaning James won’t be able to seek to enforce the judgment against Trump until then.
I really shouldn't take the time to explain because I can already tell from your comment this won't be productive...
But:
The point you missed was how punishment is wildly disproportionate, so in lots of places, a couple ounces of pot would get higher sentences for all those crimes you rattled off.
And the people who are arrested for a few ounces of pot, rarely have the money for lawyers to get out of it.
I really didn't think it would be hard to infer any of that, but man have I been overestimating Lemmy recently. It really feels like the longer this goes on, the more hand holding needs done in comments.
Trump is appealing the James ruling. While the appeal is under review, he was still required to pay the penalty amount as a bond to stave off the possibility of the state seizing his assets.
While the bond amount has been reduced to $US175 million. The full penalty still stands if his appeal against the ruling fails!
Entirely expected once you understand that we're all living in capitalist oligarchies masquerading as "democracies".
Our politics. Our rule of law. Our national security. All of it is structured around the profit motive of capitalism, and all of it is designed to benefit the highest bidder(s).
I was expecting some kind of last-minute shenanigans like this. Oh well. It’s still been fun watching him absolutely lose his shit over the last few days.
Have you ever looked at the numbers? Our system is sexust against men - men consistently serve longer sentences than women, including being incarcerated at all.much more often than women are. Being male is bad for you in court.
It's not really special treatment. Generally, it's understood that the defendant will use a bond company and put up a fraction of the cash. They are trying to balance the defendants appeal rights with not postponing the judgement forever. He's actually tying up significantly more money this way than he would with a bond.
The actual judgement, should he lose appeal, isn't reduced.
2 days ago he claimed publicly he had 500 millions cash.... Why cut him a break when, by his own statement, he can pay his own bond or back it up?
This is nothing but special treatment.... Bear in mind they also loosened a ton of other conditions: grifter kids don't have to pay their $5 million bonds either, they can continue to first in NY until appeal , etc... none of those have anything to do with your justification for lowering the bond
Great, with that timing, should Letitia James go after his properties in Seotember, that will only help him drive supporters to the ballot box with the election so soon after.
The major supporters sure, but that timing could help push people that are still on the fence towards Trump.
Republicans as a whole are better at going to vote than Democrats are, especially so in red states. We don't need more events scheduled to further rally and anger the right a few weeks before the election. There was already too much violence after the 2020 election.