1y ago

Idiot Trump Confesses He Actually Has the Money to Post Bond

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.

125 comments

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
  
  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.
- 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.
- 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!
- Yes, one could argue that he is still keeping up with the fraud scheme he was just sentenced for. Could he be charged again?
Call me crazy but I think there's a chance he's lying.
- 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.
  
  I know, his mental state hasn't been very good at any point in his campaigning. I remember seeing a speech of his that interrupted some TV programming shortly after he became president and it was just mindless rambling. I have ADHD and I couldn't even follow it, it was so bad.
  
  Yeah.
  Dementia combined with a complete lack of inhibition results in a presence that is much more compelling to idiots compared to someone who periodically stumbles as they attempt to compensate for their cognitive decline.
  
  It's a question of contrast; Biden has the bearing of a reasonable man when lucid whilst Trump is unhinged at the best of times.
  
  When you are surrounded by brainwashed sycophants, welp this is what you get.
  
  "I have the money somewhere, I just can't find it at the moment! It must have been in one of the boxes that the FBI stole in Mar-A-Lago!"
  
  To be fair, if he could pay that, there wouldn't just be a bank account labelled "money for tish james" with a balance of $500m.
  "Can I pay them?" in his case world be a chomped question and he'd need accountants to tell him the answer.
- 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?
  
  Y’no
- 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.
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'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
  
  I very much doubt anyone other than his personal accountants know the answer to this.
- 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.
  From Reuters
  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.
  
  DJT's public offering needs to be pushed out past the first or second week of May in order to screw Donnie over. He can't cash out any shares for six months, or use those shares as collateral for six months either.
  If he loses in November, that stick becomes worthless.
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.
  
  Ah OK, that's why he can keep doing it.
  
  Libel requires stating specific false facts
  I know what you mean and what you're intending here but there is no such thing as "false facts." It's lies.
  The election was rigged" is an opinion.
  It is not. It's a bool statement - true or false. The election was not rigged, that's a fact. Stating otherwise is a lie.
  
  What about "often overturned"? That seems like a fact that could potentially be proven or disproven.
  Especially if the judge has never been overturned, or never/rarely overturned in the context or timeframe of these cases. Assuming that is a false fact for this judge, I don't know his stats.
  Another judge on his cases has been potentially been "often overturned" based on percentages of total cases/rulings?
- Read it again. There is no slanderous or libelous statement, as dumb as it is. Somebody was handling the wording very carefully.
  "OFTEN OVERTURNED" - Haven't looked into it, but possible fact or subjective to the speaker's point of view at the very least.
  "POLITICAL HACK JUDGE" - Derogatory at best, and not mentioning the specific names or false allegation.
  "CORRUPT AG CASE" - Again, subjective, and referring the case, not the AG or Judge.
  What a fucking idiot to invite more consternation, but unless you specifically say something like "Judge Tom Smith took bribe money to fuck over my case", there isn't a solid argument for Libel or Slander.
  
  this man lawyered
- Normal people would have been jailed for contempt of court for far less.
  
  Contempt of court only applies to behavior in the courtroom, or when the judge has issued a specific order.
  Trump isn't in the courtroom and was never banned from criticizing the judge or prosecutor, so there is no basis for contempt of court.
- It seems like bad precedent for a judge to sue a participant in the trial for what they're saying about the trial.
  He could hold Trump in contempt, but I think he doesn't see the reason to bother with it, since he's already engaged in fucking Trump's world up pretty significantly.
  Plus, if he did sue for libel, how would he ever get paid? It's like a never ending cycle.
  
  since he’s already engaged in fucking Trump’s world up pretty significantly.
  LOL 😄
  
  Plus, if he did sue for libel, how would he ever get paid?
  It's hardly even about getting paid at this point, I just want to see them rack up the high score. Left to his own devices I'm very confident that Trump can increase his own punitive damages beyond the actual GDP of the US.
- The burden for libel or slander on a public official is pretty high. It pretty much has to go well past criticizing the government in an unambiguous way because government officials prosecuting people for criticizing them is Bad™
  I doubt you'd see anything unless he claimed the judge did some specific act of moral turpitude on a specific occasion.
  Yelling at the government about mismanagement and impropriety is just about as close as you can get to what the first amendment is for, in a nutshell.
  The fact that he's wrong and a loathsome asshole doesn't change that he's allowed to say it.
  
  It was more the part of the AG being corrupt.
So... Pay it?
- But he won't get the money back if he leaves
- I have millions of dollars but they go to another school you don't know them.
  
  In Canada?
- I have one morbillion dollars but Sony screwed up the release of Morbius so they're not yet realizable
  
  Ive already seens storefronts using morbucks. Its the future, i tell you
- Dude I totally thought you were serious. It's a good thing you added that /s
  🙄
  
  Wait? Are you serious? I thought you were, but you added the /s
How long until they just admit that he's senile, but still tell people to vote for him to be the president?
- Isn’t that what they’re doing with Biden? If Dems lose this race it’s because they shot themselves in the foot at the start.
  
  Except Biden isn't senile, he's just old. And anybody trying to compare his mental state to Trump's based solely on what we can plainly see on camera, is doing so in bad faith. That's not counting what the actual transcript of the Special Counsel investigation said, that he has a seemingly photographic memory.
  
  Who is doing that with Biden?
How could this man bring the republic so close to ruin? Our democracy must be in a perilous state indeed.
- I think we have many citizens that need to recognize that the founding fathers were humans and not divine utopia engineers.
  We should change some stuff to make the country better. Many of the big things were designed to be very hard to change though. That makes me worry that things will have to get that much worse before the people & politicians are ready to actually do something.
  
  As a German I'm proud of our constitution, too, and I think it does a great job at making it as hard as possible for something like the Nazis to easily happen again.
  That doesn't mean that it was perfect all the time and is unchangeable.
  I think it's insane how the US things their constitution is the pinnacle of democracy - especially since it was the first one and others iterated on our
  
  I think we have many citizens who should have to pass the citizenship test before voting.
- https://www.youtube.com/watch?v=hYTQ7__NNDI&t=9s
If he ends up getting enough money from other people, do we really want a President who is so beholden (aka 'owes them') to others in the office?
- Well they elected him when he was a Putin owned stooge. And his family is owned by the Saudis.
  So what the hell are a bunch of rubes fleeced for a few hundred million gonna do?
- I hate trump supporters, but I'd rather him be beholden to Americans than a foreign country. Sadly though, I know that this isn't an either/or situation. Even if he wasn't indebted to Americans, he's still indebted to foreign agents.
Clearly one of those old school business wankers who see "must pay within 90 days" and pays at the last minute on the 90th day on principle.
'Rap snitches, tellin' all their business
Sit in the court and be their own star witness
"Do you see the perpetrator?"
Yeah, I'm right here
Fuck around, get the whole label sent up for years' -MF Doom, Mr. Fantastik
Heard recently that the Trump run is like a paper bag full of water. One of these days the bag will burst and everything will run out.
I'm glad the writer with The New Republic doesn't mince words.
Still this is the classic Trump strategy of doubling-down when backed in a corner. If it's worked for him all his life why would he do any different now?
- Fucking delicious, isn't it?
If he has the money, why does he still beg like a fake Vietnam vet?
Today is the day to show the cards. I strongly suspect he will come up empty-handed. Because that would match his personality.

125 comments