Donald Trump’s lawyers told a New York appellate court Monday that it's impossible for him to post a bond covering the full amount of a $454 million civil fraud judgment while he appeals, suggesting…
    • takeda@lemmy.world
      321·
      8 months ago

      You probably know about it, but just in case, there actually is one.

      It’s fucking pathetic seeing regular people donating to a billionaire.

      People donating $5, $10, $25 but some also $100, $200, $500, but it is barely moving. Perhaps a good lesson showing how much money billionaires actually have and how much is a half billion. Although I suspect it probably flies over the donor’s heads.

      • deadbeef79000@lemmy.nzEnglish
        22·
        8 months ago

        If you earn $1m a year how long will it take to earn $1b? A thousand years.

        If you earn $1m a month, how long? A thousand months, about eighty years.

        If you earn $1b per year, how long to earn enough to get in the top ten billionaires list? 115 years.

        A billion dollars is a truly staggering amount of money.

      • Madison420@lemmy.world
        7·
        8 months ago

        And I’m going to bet that list is going to be used as evidence in child support cases to show ability to pay but refusal.

      • ChicoSuave@lemmy.world
        5·
        8 months ago

        If Trump was a billionaire he would be able to pay the fine. If he had any kind of assets he could borrow against he could easily create the liquid capital to pay for a shit load. He has no money. He has no assets that aren’t provided under the Trump corporation, which filters all this bullshit away fromnhim personally while also providing his money and clout. The state of New York has firmly stopped the Corp from benefitting the man. He is broke, broken, and still falling.

        • takeda@lemmy.world
          1·
          8 months ago

          Yeah, even the $80 mil or so he paid after Orban visited him. It is clear he used foreign money.

          I can’t believe we forced Carter to sell his peanut farm, and we are allowing this.

  • ExtremeDullard@lemmy.sdf.org
    20·
    8 months ago

    If he can’t pay, saddle him with a debt repayment plan that will rob him of whatever he doesn’t need to strictly survive every month in order to pay back what he owes.

    That’s usually what happens to ordinary shmucks.

    • Cort@lemmy.world
      3·
      8 months ago

      No the point is put up or shut up. We know if we send him a bill he’s not going to pay it, he’s notorious for it.

      And if his lawyers suggest putting property up as collateral, we should say no because he’s also known to inflate property values.

  • Rapidcreek@lemmy.world
    161·
    8 months ago

    I’ve little doubt that the petition to take his assets will be registered with the court on Monday.

  • maculata
    4·
    8 months ago

    I thought we also heard that the FBI are fairly sure that all the classified documents were NOT recovered. Therefore he’s likely got a bargaining chip for several avenues out. Selling them to foreign parties or merely threatening to do so.