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Idiot Trump Confesses He Actually Has the Money to Post Bond (newrepublic.com)

submitted 8 months ago* (last edited 8 months ago) by MicroWave@lemmy.world to c/politics@lemmy.world

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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.

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[-] gravitas_deficiency@sh.itjust.works 223 points 8 months ago

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.

[-] just_another_person@lemmy.world 54 points 8 months ago

If his sheep believe it maybe they'll stop giving him money though. Bonus.

[-] PizzasDontWearCapes@sh.itjust.works 40 points 8 months ago

The best scenario is conservatives keep giving him their money, and he loses

[-] rockSlayer@lemmy.world 31 points 8 months ago

He's already going to bankrupt the rnc. This is a bonus

[-] LifeInMultipleChoice@lemmy.world 15 points 8 months ago* (last edited 8 months ago)

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.

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[-] Jimmyeatsausage@lemmy.world 9 points 8 months ago

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.

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[-] ramenshaman@lemmy.world 170 points 8 months ago

Call me crazy but I think there's a chance he's lying.

[-] BananaTrifleViolin@lemmy.world 40 points 8 months ago

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.

[-] GlendatheGayWitch@lemmy.world 14 points 8 months ago

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.

[-] emptiestplace@lemmy.ml 12 points 8 months ago

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.

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[-] mundane@feddit.nu 22 points 8 months ago

If he said it out loud, it's most likely a lie.

[-] TheBat@lemmy.world 10 points 8 months ago

But do you think he's lying about lying?

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[-] Chainweasel@lemmy.world 148 points 8 months ago

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.

[-] Dagwood222@lemm.ee 91 points 8 months ago

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.

[-] gregorum@lemm.ee 53 points 8 months ago* (last edited 8 months ago)

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

[-] solidgrue@lemmy.world 46 points 8 months ago

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.”

https://www.buzzfeednews.com/article/kendalltaggart/trumps-lawyer-we-met-with-him-in-pairs-to-avoid-lies

[-] gregorum@lemm.ee 9 points 8 months ago

Ooo, good work!

[-] nomous@lemmy.world 15 points 8 months ago

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.

[-] gregorum@lemm.ee 10 points 8 months ago* (last edited 8 months ago)

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.

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[-] Jaysyn@kbin.social 26 points 8 months ago* (last edited 8 months ago)

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.

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[-] jballs@sh.itjust.works 14 points 8 months ago

Schrodinger's cash

That is chef's kiss perfect 🤌

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[-] Buffalox@lemmy.world 95 points 8 months ago

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.

[-] FlowVoid@lemmy.world 59 points 8 months ago* (last edited 8 months ago)

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.

[-] Buffalox@lemmy.world 22 points 8 months ago

Ah OK, that's why he can keep doing it.

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[-] TransplantedSconie@lemm.ee 44 points 8 months ago* (last edited 8 months ago)

That opens an attack avenue for appeal. Do nothing until he can't appeal it, then you blindside him with libel and take another 100 mill.

[-] just_another_person@lemmy.world 31 points 8 months ago* (last edited 8 months ago)

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.

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[-] Diplomjodler@feddit.de 18 points 8 months ago* (last edited 8 months ago)

Normal people would have been jailed for contempt of court for far less.

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[-] mozz@mbin.grits.dev 11 points 8 months ago

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.

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[-] peopleproblems@lemmy.world 63 points 8 months ago

So... Pay it?

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[-] GardenVarietyAnxiety@lemmy.world 40 points 8 months ago

How long until they just admit that he's senile, but still tell people to vote for him to be the president?

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[-] profdc9@lemmy.world 39 points 8 months ago

How could this man bring the republic so close to ruin? Our democracy must be in a perilous state indeed.

[-] Zink@programming.dev 19 points 8 months ago

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.

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[-] CosmicCleric@lemmy.world 27 points 8 months ago

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?

[-] xenoclast@lemmy.world 14 points 8 months ago

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?

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[-] Blackmist@feddit.uk 20 points 8 months ago

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.

[-] whotookkarl@lemmy.world 19 points 8 months ago* (last edited 8 months ago)

'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

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[-] Rapidcreek@lemmy.world 13 points 8 months ago* (last edited 8 months ago)

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.

[-] Rentlar@lemmy.ca 12 points 8 months ago

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?

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this post was submitted on 23 Mar 2024

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