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Trump NY indictment thread

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While the potential seizures of Trump’s properties bring a small level of justice, the message that should not be lost in the circus is that Trump committed fraud, massive fraud. Every story about the seizures should begin with this statement. Trump is losing his properties because he cheated people and is a liar who can’t be trusted.
 
Oopsie, did he just really say that he has $500 Million in cash?

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. 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. I DID NOTHING WRONG EXCEPT WIN AN ELECTION IN 2016 THAT I WASN’T EXPECTED TO WIN, DID EVEN BETTER IN 2020, AND NOW LEAD, BY A LOT, IN 2024.THIS IS COMMUNISM IN AMERICA!
Click to expand...

Yes he did, today at 4:14 am


Truth Social post
 
I hope he's as bitter and stressed out on the inside as he sounds in his rants. With any luck he'll keel over or have some kind of Tums reaction.

Sucks to engage in fraud and actually get caught and have to pay a price, just like all the little people. He's so arrogant that none of what he did had even a token element of guile about it.

Still, we'll see if he actually does pay anything, I'll believe it when it happens. He may get a huge payday from Truth Social going public I read today, though the article does say it might not be easily leveraged since most investors will believe it's overvalued (which is the understatement of the year).
 
Yeah maybe we’re underestimating his health. With the amount of stress he’s under, he really should have keeled over.
 
Stokely said:
I hope he's as bitter and stressed out on the inside as he sounds in his rants. With any luck he'll keel over or have some kind of Tums reaction.

Sucks to engage in fraud and actually get caught and have to pay a price, just like all the little people. He's so arrogant that none of what he did had even a token element of guile about it.

Still, we'll see if he actually does pay anything, I'll believe it when it happens. He may get a huge payday from Truth Social going public I read today, though the article does say it might not be easily leveraged since most investors will believe it's overvalued (which is the understatement of the year).
Click to expand...
I mean it's ludicrously overvalued as an actual investment - I don't think it's being viewed as an actual investment though and is viewed more as a vehicle for people/foreign governments to bribe Trump.

It's essentially a failed Twitter clone with almost no users and almost no revenue.
 
fskimospy said:
I mean it's ludicrously overvalued as an actual investment - I don't think it's being viewed as an actual investment though and is viewed more as a vehicle for people/foreign governments to bribe Trump.

It's essentially a failed Twitter clone with almost no users and almost no revenue.
Click to expand...
Doesn’t matter some Uber rich foreign guy will buy a shit ton of it
 
I read that its current stock value is 3 billion dollars. Nuts. What a world the uber-rich (or uber-rich pretenders) live in. Loans, valuations and bilking the working poor, who then turn around and vote for them.
 
Stokely said:
I read that its current stock value is 3 billion dollars. Nuts. What a world the uber-rich (or uber-rich pretenders) live in. Loans, valuations and bilking the working poor, who then turn around and vote for them.
Click to expand...
That valuation is not going to come from retail investors buying the stock (outside of a few dumbass super fans). It's coming from corruption.
 
I read that it has like $100M trading volume total. It’s all paper value. As soon as anyone tries to get a few tens of millions out of it the market cap will crater.
 
well, it's official, Truth Social is going public under the symbol DJT, as soon as next week...

abcnews.go.com

Trump's Truth Social company completes merger that could net him over $3 billion

Donald Trump's Truth Social has completed a merger that could net him over $3 billion -- but a provision in the deal keeps him from immediately selling his shares.
abcnews.go.com abcnews.go.com

the good news is...

"However the deal currently includes a lockout provision that prevents Trump from immediately selling or getting loans based on his shares"
 
alien42 said:
well, it's official, Truth Social is going public under the symbol DJT, as soon as next week...

abcnews.go.com

Trump's Truth Social company completes merger that could net him over $3 billion

Donald Trump's Truth Social has completed a merger that could net him over $3 billion -- but a provision in the deal keeps him from immediately selling his shares.
abcnews.go.com abcnews.go.com

the good news is...

"However the deal currently includes a lockout provision that prevents Trump from immediately selling or getting loans based on his shares"
Click to expand...

Coming soon...
"I offered to pay my fines by giving New York $454 million worth of Truth Social stock...and they refused. It's a witch hunt!"
 
hal2kilo said:
Keep flapping those gums dumbass. Sure seems suddenly you now have the cash is not in your best interest.

www.salon.com

“Dumbest thing he could've done”: Experts say Trump’s Truth Social brag could backfire in court

“Now he can’t claim hardship to get a stay,” Norm Eisen says after Trump boasts $500 million “IN CASH.”
www.salon.com www.salon.com

Lying cheapskate till the end.
Click to expand...
From the piece;

Former Watergate prosecutor Nick Akerman agreed that the post was “the dumbest thing he could have possibly done.”

“That is a direct admission by him that he has the money,” he told CNN in a clip flagged by Mediaite. “Now, keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts. Everything that relates to him and all of that money is going to be tied up and frozen. So if he’s really got that money, he’s got to put it up.”
 
iRONic said:
From the piece;

Former Watergate prosecutor Nick Akerman agreed that the post was “the dumbest thing he could have possibly done.”

“That is a direct admission by him that he has the money,” he told CNN in a clip flagged by Mediaite. “Now, keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts. Everything that relates to him and all of that money is going to be tied up and frozen. So if he’s really got that money, he’s got to put it up.”
Click to expand...
It sounds like what's going to happen here is James is going to go after it and Trump will have to admit, again, that he's broke. lol.
 
iRONic said:
From the piece;

Former Watergate prosecutor Nick Akerman agreed that the post was “the dumbest thing he could have possibly done.”

“That is a direct admission by him that he has the money,” he told CNN in a clip flagged by Mediaite. “Now, keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts. Everything that relates to him and all of that money is going to be tied up and frozen. So if he’s really got that money, he’s got to put it up.”
Click to expand...
He will just say not in these words but to this effect.
I was lying.
 
iRONic said:
From the piece;

Former Watergate prosecutor Nick Akerman agreed that the post was “the dumbest thing he could have possibly done.”

“That is a direct admission by him that he has the money,” he told CNN in a clip flagged by Mediaite. “Now, keep in mind, even with this operating money or cash that he supposedly has, if he doesn’t pony up and put up a bond, Letitia James is going to be able to go in and basically put restraining orders on all of his bank accounts. Everything that relates to him and all of that money is going to be tied up and frozen. So if he’s really got that money, he’s got to put it up.”
Click to expand...
Didn't he already admit, rather testify (lie??) that he had $500 million in liquid assests at the beginning of the trial, while under oath?
 
I bet if James offered to reduce the amount he owes to $100 under the condition he holds a press conference and just admits he's broke. I doubt he could do it lol. And his cult still claims he has the 5x the money, but when Monday comes and he hasn't pay it. They still won't question him and what he said about having it.
 
Last edited:
If Trump sells his properties he has to pay taxes. If NYS takes them do they have to reduce taxes after the sale or is it considered at the full value?
 
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