Donald Trump is close to the deadline to post bond in his fraud trial—and he’s screwing himself over even more.
After having reached out to several guarantors and 30 suretors for help posting his $464 million New York bank fraud bond, Donald Trump suddenly wants everyone to know he actually does have the cash.
In a bizarre rant on Friday morning, the man who was found to have defrauded banks and investors by overvaluing himself and the value of his properties claimed that he had accrued the wealth by way of “HARD WORK, TALENT, AND LUCK.”
Trump also admitted he has nearly half a billion dollars in cash.
The confession directly contradicts a filing from his legal team last month arguing that it would be “impossible” to secure a bond covering the full amount of the multimillion-dollar ruling.
Trump’s words will surely help out New York Attorney General Letitia James, who on Wednesday urged an appeals court to ignore Donald Trump’s latest effort to worm his way out of paying the $464 million disgorgement from his bank fraud trial.
I mean, yeah, he “admitted” it… but knowing how much of a pathological liar he is, it’s also possible that he just wanted to look “successful” to his captive rubes.
Either way, he is absolutely creating real and serious problems for himself by saying that. And I love that for him.
If his sheep believe it maybe they’ll stop giving him money though. Bonus.
The best scenario is conservatives keep giving him their money, and he loses
He’s already going to bankrupt the rnc. This is a bonus
That unfortunately could go wrong in several ways I assume.
- Being a highly funded coop
- Being that a mass of people just took money from the lower and middle class and gave it to the rich where it may not be spent leading to an economic hit that pushes more people against more liberal ideals.
Well that’s just about satisfaction maybe haha.
I mean, he said on day 1, after descending his golden escalator, he was funding everything himself, and they’ve been paying him every day since. I’m not sure why they’d stop now.
Not actually a legal case though.
Can you explain what you mean by the 2nd paragraph? Could that put him in legal trouble for the motion his lawyers filed to the court that claimed it was “impossible” for him to secure enough cash to cover bond?
If he’s saying he has it and he actually has it: he shot himself in the foot, because now the courts will put his finances under a microscope to find it. And they’ll probably find it.
If he’s saying he has it and he doesn’t actually have it: he still shot himself in the foot, because the courts are still gonna put his finances under a microscope, except it will last way longer because they’ll find out he’s actually broke, and also perhaps misrepresented his assets and income outside of the context of the NY civil case, which might yield some new charges involving criminal tax evasion, depending on what they find.
So he’s essentially inviting the state of New York to perform a super mega audit of his finances. Got it.
More or less, yeah. And, depending on what they find, they might tell the IRS that they should have a look, too.
The way I’m reading it (and I could absolutely be wrong here) but it sounds like he might be saying he has the money now thru hard work and tan lotion or whatever the hell. Not that he always had it. That would still cause problems but not nearly as much as if he is saying he always had it. Cause then he basically lied in court under oath which is obviously a no no.
But if he’s saying he like hit the ground and made some shrewd genius business moves to raise the money quickly or something I don’t think that would cause a ton of problems. And I could easily see some moron rich people getting together and just giving him the money or something
It’s that, or he’s getting ready to have the RNC bankroll his financial losses. Which I’m sure will trigger tons of lawsuits from people who are very not ok with that.
This is all just a smokescreen. The objective is to create chaos and confusion. Delays here help trump.
He admitted it just like he claimed he was a billionaire. It doesn’t make it true. The question when he makes statements like this needs to be, “Is it true?” followed by, “To what degree does he believe his own lie?” because at some point, we step into the realm of severe mental illness and delusions of grandeur. Everything else is just posturing to save face for his idiot voter base.
I have the money! (all of the sudden)
I just need time to convert it from Rubles to dollars!
“Sure I’ve got the money! Everybody knows I’ve got the money! Crooked Joe Biden knows I’ve got the money, but I’ll say to you what I’d say to him and his fake, crony judges! You’re not getting a red cent from me or America! In fact, when November rolls around and we take back what was STOLEN from us, it’ll be Dirty Joe and his goons who’ll be the ones to pay!”
*Cue cheering in moron ad nauseum*
Honestly I don’t believe for a second that he actually has the money. I just don’t think he can handle people (HIS people) knowing that he’s flat fucking broke and at the end of his rope.
Monday we’ll find out if Schrodinger’s cash was in the box or not.One story I heard was that his lawyers have to come into the room in pairs, because he’ll tell one lawyer Story A and the other one Story B.
He doesn’t lie like an adult; he lies like a child.
This was actual testimony by Michael Cohen in one of the cases he testified in. Either the Trump or case org the stormy Daniels case
I don’t think it was Cohen who said it. This article fro 2016 suggests it was Pat McGahn in a 1993 deposition during the Trump Plaza bankruptcy case.
In a deposition under oath taken in 1993, one of Donald Trump’s lawyers said they always tried to meet with him in pairs “because Donald says certain things and then has a lack of memory.”
Ooo, good work!
So he just says whatever he needs to say at the moment to rationalize whatever result he wants.
That helps explain why Republicans love him so much I guess.
He’s like if immersive, self-indulgent self-delusion were a drug you could do just by turning on the tv. A modern religion around solipsism.
I tried to find a link but my Bing-Fu is weak.
I tried to look, too, but it was from a few years ago, and my results are flooded with articles about more recent Trump lies and lying lawyers, since he does it pretty much constantly.
but it was from a few years ago, and my results are flooded with articles about more recent
I’d like to take a moment to highlight how much a problem this is. It feels like stuff is getting memory-holed not even on purpose, but because search engines aren’t good at letting people filter by date range etc.
We’re talking about Trump here. There was a list of 10,000 lies he told while he was in office.
At least 10,000 because the article is from 2019
Upvoted for not using Google.
I’ve read he legit does have a bit over $500M liquid, but if he touches more than $450M of what remains, loans will automatically start getting called in.
Loans he can’t pay if he only has $50M liquid left.
That’d be economics 101. Cash sitting idle loses value, so keep it to a minimum.
But we’re not about that. Buahaha, Trump’s such a loser, he doesn’t even have a few million in the back!!1
Schrodinger’s cash
That is chef’s kiss perfect 🤌
He said it, so it can only be one of two things:
- a bald face lie
- channeling the jealousy of his lizard brain
In this case, option 1 seems most plausible.
He’s not broke. TruthSocial is about to go public via SPAC and make him about $3.3B. Company will trade under ticker DJT.
This is all a nice distraction to rile his base.
I don’t have that kind of money to risk, but this seems like a great opportunity to short a stock.
Not sure who was making that value projection, but if it was a trump-involved party, you can definitely count on that being over inflated bullshit.
We all need to stop regurgitating trump headlines/talking points verbatim without attempting to add some context.
"its future is fraught with uncertainty. Digital World’s former CEO Patrick Orlando and former Trump business associates Andy Litinsky and Wes Moss have separately sued to ask for more shares for their previous work on the deal.
It is unclear how and when these cases will be resolved. Even if the deal gets completed next week, Trump will not be allowed to sell any of his shares in the combined company for six months or borrow against them, based on terms he previously agreed."
He can’t cash that out in time to help with this, and what bail bondsman is going to take shares of a social media company as collateral?
He gets shares, which they value at that price now. It’s not a successful social media network. The price may drop once floated. He can’t touch the shares for 6 months. Without being propped up, it may be dead by then, although depending on launch, it may still be viable at that point as the election will still be ongoing. However, if he crashes and burns (jail, insovlency) before then, it could also crash and burn. He’s still in his Icarus phase.
S no, he doesn’t have 3 billion lying around. We also don’t know his debts, which may also be billions.
Call me crazy but I think there’s a chance he’s lying.
If he said it out loud, it’s most likely a lie.
But do you think he’s lying about lying?
i’m lost. how many lies deep are we here?
Deception Inception, as it were.
quick, someone call Hall and Oates!!
https://www.youtube.com/watch?v=McOAjzart78
You don’t have to be lost, just lie about understanding and if anyone calls you out lie about lying.
Bah, I can’t keep track of all that crap.
The important question is, are we on an even numbered lie or an odd numbered lie?
Worse, the guy may be demented and delusional; he may actually believe his has the money in cash.
The more I see him talk the more I think he has dementia; worse than biden by far. I’m amazed he gets a free pass on it.
When you are surrounded by brainwashed sycophants, welp this is what you get.
At this point, the only real news would be if his supporters grew a brain cell and actually began to notice/care about his lying.
If only… Last I saw (have a couple on my Facebook) they’re comparing people who think he doesn’t have the money to people who claim art they don’t like is worth millions of dollars… Holy non sequitur, Batman.
It’s just, you know like… your opinion man.
Quote from Trump on truth social shown in the article:
THE OFTEN OVERTURNED POLITICAL HACK JUDGE ON THE RIGGED AND CORRUPT A.G. CASE
Can they not sue him for libel on this?
Apart from that it’s hilarious that he still tries to claim he is paying for his presidential campaign himself.
Courts generally consider broad statements like “rigged” and “corrupt” to be opinions, which by themselves are not grounds for libel. Libel requires stating specific false facts.
For example, “The election was rigged” is an opinion. But “Two Georgia election workers threw away GOP ballots” is libel.
