Fox News hostĀ Mark LevinĀ has called out billionaires for not payingĀ Donald Trumpās legal bills after the former presidentās legal team said paying his $400 millionĀ New York civil fraud penaltyĀ would be āa practical impossibility.ā
Trump is seeking a bond of $464 million to cover his fines and a stay in the execution of the monetary portion of the civil trial ruling after JudgeĀ Arthur EngoronĀ ruled in February that Trump must pay $355 million for committing fraud. The New York court held that Trump and top executives at The Trump Organization inflated the value of his assets to obtain more favorable terms from lenders and insurers. With interest, the full payment will be roughly $454 million. Trumpās lawyers are appealing the verdict.
On Monday, theĀ RepublicanĀ suffered a setback after Trumpās legal team admitted in a court filing that it is aĀ āpractical impossibilityāĀ for him to make the $464 million payment and requested a stay pending the outcome of an appeal process. His team had contactedĀ 33 companies to try to secure funding.
In response, billionaires should get together and donate a few billion dollars to public defenders, pay off peopleās medical debt, and offer to buy Mar-a-Lago in order to turn it into public housing.
Al Lago is a chintzy motel with a shitty omelette bar. estimated value of less than 5% of the ruling. Heās going to have to sell his bedbug infested resorts and ugly golf courses too
All his properties are inflated values, thats the Russian money laundering scheme at work.
All of them are likely highly leveraged already as well.
Sell 20 million bucks of property, debt grows by 1780 million bucks.
For sure, catshit wrapped in dogshit