Former President Donald Trump threatened the NASDAQ on Friday after the stock exchange briefly halted trading on Trump Media & Technology Group, which owns Truth Social.
At whatever point it becomes clear to him that he is going to lose the election he will almost certainly cash out. If the race is close then he may make a gamble. But he is going to need the cash if he loses.
It isn’t like he pays his lawyers. And you don’t need a great lawyer to appeal a sensitive case indefinitely.
And… it isn’t like he paid his terrorists. He left them hanging out to dry after they failed to murder pence and the entirety of congress a couple years back.
Also, I have a strong suspicion that he’ll end up pushing for some blatantly illegal “charity” where True Believers can donate to The Real President Of The United States.
Oh, he pays his lawyers, the good ones anyway. He’s represented in some of these cases by major firms doing a respectable job. They’ll stop if they don’t get paid.
And you can’t really appeal indefinitely, he has a few appeals before a sentence goes into effect and that’s it. Then he could still try different appeals, but he’d be doing it from prison or probation or whatever.
I guess compared to his exciting legal teams from the impeachments (see Michael Wolff’s Landslide) he’s gotten it through his head he has to pay some people some time.
I still doubt he will though. That he owes them is a given.
He already is. Sometimes you can get away with not paying people, sometimes you just can’t, like a lawyer billing you hourly for an ongoing case, probably on a bimonthly basis.
It’s not like he takes all the money he gets from people and stuffs it under a mattress somewhere. It goes to people that get paid for various things.
It’s not like he takes all the money he gets from people and stuffs it under a mattress somewhere.
You should look up the reason Chris Christie was fired from the transition team. (I can’t find it now, but TLDR was the money donated to create trumps transition team was being spent on the transition and he fired Christie for “stealing his money”) One of trumps defining characteristics is he literally does take all the money he can find and squirrel it away. The list of people who have sued him for non payment is enormous.
Very true. I was trying to point out though, that sometimes it is impossible to not pay without suffering severe and immediate consequences.
Not everyone can be equally cheated, if you cheat a powerful crime boss, very bad things might happen to you very soon, that would not happen if you had cheated some immigrant laborers for instance. There is a wide scale of people more and less vulnerable to being cheated. Trump has decades if experience finding out which is which. He cheats, but not everyone, that’s just an oversimplification stemming from how much we all rightfully enjoy insulting him. The nuance remains important though, since you wouldn’t want to inaccurately predict what might happen in the future based on an overgeneralized perception of reality.
He can’t sell shit. Nobody wants the stock now. Even less when he loses. Once he pumps even a tiny fragment of his share into the market, the price will go to 0.
At whatever point it becomes clear to him that he is going to lose the election he will almost certainly cash out. If the race is close then he may make a gamble. But he is going to need the cash if he loses.
Why would he need the money?
It isn’t like he pays his lawyers. And you don’t need a great lawyer to appeal a sensitive case indefinitely.
And… it isn’t like he paid his terrorists. He left them hanging out to dry after they failed to murder pence and the entirety of congress a couple years back.
Also, I have a strong suspicion that he’ll end up pushing for some blatantly illegal “charity” where True Believers can donate to The Real President Of The United States.
And lastly: Money is not a cure for novichok.
Oh, he pays his lawyers, the good ones anyway. He’s represented in some of these cases by major firms doing a respectable job. They’ll stop if they don’t get paid.
And you can’t really appeal indefinitely, he has a few appeals before a sentence goes into effect and that’s it. Then he could still try different appeals, but he’d be doing it from prison or probation or whatever.
Mmmmmm gonna need some examples there.
Here’s a brief breakdown:
https://thehill.com/regulation/court-battles/4442671-trump-millions-lawyers-whos-getting-the-most/
I guess compared to his exciting legal teams from the impeachments (see Michael Wolff’s Landslide) he’s gotten it through his head he has to pay some people some time.
I still doubt he will though. That he owes them is a given.
He already is. Sometimes you can get away with not paying people, sometimes you just can’t, like a lawyer billing you hourly for an ongoing case, probably on a bimonthly basis.
It’s not like he takes all the money he gets from people and stuffs it under a mattress somewhere. It goes to people that get paid for various things.
You should look up the reason Chris Christie was fired from the transition team. (I can’t find it now, but TLDR was the money donated to create trumps transition team was being spent on the transition and he fired Christie for “stealing his money”) One of trumps defining characteristics is he literally does take all the money he can find and squirrel it away. The list of people who have sued him for non payment is enormous.
Yes, Trump’s campaign has unpaid bills in multiple U.S. cities
Very true. I was trying to point out though, that sometimes it is impossible to not pay without suffering severe and immediate consequences.
Not everyone can be equally cheated, if you cheat a powerful crime boss, very bad things might happen to you very soon, that would not happen if you had cheated some immigrant laborers for instance. There is a wide scale of people more and less vulnerable to being cheated. Trump has decades if experience finding out which is which. He cheats, but not everyone, that’s just an oversimplification stemming from how much we all rightfully enjoy insulting him. The nuance remains important though, since you wouldn’t want to inaccurately predict what might happen in the future based on an overgeneralized perception of reality.
Pretty sure he already needs the cash. Didnt he have problems raising the 500 million earlier this year?
He may realize that putin’s got him covered as long as he continues sucking his dick.
Putin is having some money troubles of his own right now. Banks in China are refusing to complete bank transactions with russia.
Putin will only cover him as long as he’s useful.
He can’t sell shit. Nobody wants the stock now. Even less when he loses. Once he pumps even a tiny fragment of his share into the market, the price will go to 0.