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azureblue

(2,146 posts)
60. He's just blowing smoke
Sat Mar 23, 2024, 09:22 AM
Mar 23

He can appeal all he wants to, but he still has to put up the money. And his fat mouth has put his even fatter ass in a corner now, with the claim of having the cash. What will happen is, barring him actually coming up with the cash, thus making liars out of his attorneys, his property will get seized and sold off. IOW, he will have to put up his "cash", or shut up. But once seized, the banks will call in the mortgages - they do not want to get left out. Once that process starts, he will then have to go to the banks and pay off the mortgages in full. BUT the properties will still be sold, or at least held, to satisfy the ruling. The banks could try to put a lien on the properties, in hopes the new buyer will cover the mortgage. BUT Trump leverages his properties - one property is used as collateral for another property. So this could set off a cascade of banks calling in the loans, which would be far worse than the ruling itself. And if this happens, the banks will line up in court to make sure they get paid. And that is the end of his credit forever.

As best as I understand it, he does not own a single, wholly owned, paid off property. It's all a house of cards, built on over valued property. Which brings up yet another point - getting the properties re- valued. And in NYC's softening office space market, this is not good for him at all..

And threatening to go to the SC, is an empty threat - they will simply kick it back to the state on NY, since it is a NY matter.

Trump should be keeping his mouth shut right now. Irish_Dem Mar 22 #1
He can do that Roy Rolling Mar 22 #43
Fat chance DENVERPOPS Mar 23 #82
Republican mafia.........nt wolfie001 Mar 23 #91
FRAUD! elleng Mar 22 #2
Because it raises the Constitutional issue of ... what? NT mahatmakanejeeves Mar 22 #3
Exactly! His 'I'll take it to the SCOTUS' is more like: My dad's gonna beat you up Attilatheblond Mar 22 #16
The Supreme Court has heard several cases onenote Mar 22 #17
Thank you for setting me straight. mahatmakanejeeves Mar 22 #21
This doesn't seem to fit that mold.... getagrip_already Mar 22 #30
Correct me if I am wrong, but DENVERPOPS Mar 23 #70
the 2000 bush v. gore ruling 90-percent Mar 23 #92
Yup DENVERPOPS Mar 23 #94
Egg Zack Lee Botany Mar 23 #64
So reading the text it appears that he 'has the assets', but will not put them up for the appeal. Voltaire2 Mar 22 #4
Anybody with a brain knew he'd appeal. That's pretty standard for most judgements. jimfields33 Mar 22 #26
Appeal equals delay, grind it all down to ennui StClone Mar 22 #42
How the system works. People do it daily. jimfields33 Mar 23 #47
Still has to come up with the cash regardless. That's the kicker. paleotn Mar 23 #57
Exactly... slightlv Mar 23 #78
More money being sucked out of the RNC. Trump is taking it all. n/t Eyeball_Kid Mar 23 #49
Okay, but if he doesn't cover the judgement with a bond by Monday... Think. Again. Mar 22 #5
As I understand it, the 30 days to post a bond was just a courtesy Deminpenn Mar 23 #54
They know about the tradesmen he has stiffed on his constructions Captain Zero Mar 23 #56
SC has no jurisdiction. Just more grandstanding for his base. patphil Mar 22 #6
Not necessarily onenote Mar 22 #18
Unfortunately, you are not correct. SlimJimmy Mar 23 #75
Will he ever stfu and go away? He's a plague on our country Deuxcents Mar 22 #7
I'm way past wanting justice for this pile of shit I just want him to croak. -nt CrispyQ Mar 22 #10
I'm good with that Deuxcents Mar 22 #11
Sounds great to me. Diamond_Dog Mar 22 #27
Too bad there isn't a way birdographer Mar 22 #35
I've been wanting that for years. Just go away! SharonAnn Mar 22 #41
I have been wanting that for a very long time. niyad Mar 23 #88
Damn it Traildogbob Mar 22 #28
Well they have protected him so far, it won't BlueKota Mar 22 #44
This running to the right-wing SCOTUS by Trump for everything is getting old. hadEnuf Mar 22 #8
TFG is about to get a lesson Raven123 Mar 22 #9
Great link. Tx. ificandream Mar 22 #14
Its weird the GOP wants to run someone who doesn't know how the government works, again. nt Gore1FL Mar 22 #12
He's a great magician's assistant, keeping focus on is antics while the powers behind him destroy democracy Attilatheblond Mar 22 #20
In other words, the monkey for the organ grinder? n/t thenelm1 Mar 22 #39
Sad to say FredGarvin Mar 22 #13
Uh, no MorbidButterflyTat Mar 22 #24
Not. H2O Man Mar 23 #48
I saw something else where the thinking is that if they seize his property, that's a violation of 8th Amendment Rights TlalocW Mar 22 #15
That sack of crap MorbidButterflyTat Mar 22 #25
"Excessive fines" is a bit subjective Shermann Mar 23 #59
If it his property is seized he instigated it by not providing cash for the appeal. LiberalFighter Mar 23 #67
By all means take it to the Supreme court. Aussie105 Mar 22 #19
Yeah, it's like "Europe doesn't pay its NATO bills!". LudwigPastorius Mar 23 #46
Yes because SCOTUS is his personal court and he doesn't need to be accountable, SouthernDem4ever Mar 22 #22
Sure seems like it Deuxcents Mar 22 #31
Not that he cares or has the brainpower to know better NanaCat Mar 22 #23
Keep talking dumbass! Keep talking. SKKY Mar 22 #29
How's he going to bribe Clarence Thomas and others without any money? Yo_Mama_Been_Loggin Mar 22 #32
He has never used his own money BumRushDaShow Mar 22 #33
But can he really? If this disgorgement starts Mon or Tues, and he appeals Engoron's ruling ancianita Mar 23 #63
In this case, he is threatening to go to the SCOTUS BumRushDaShow Mar 23 #65
The way you put it, then, ancianita Mar 23 #66
There were a couple speculative articles I saw out there BumRushDaShow Mar 23 #74
Why the fuck doesn't he just fucking die already? Orrex Mar 22 #34
DO IT!!! Put it right in SCOTUS' Lap johnnyfins Mar 22 #36
What I wonder is Mr.Bill Mar 22 #37
Guess we're gonna find out shortly if he has the money or not. He can run his mouth all he wants PortTack Mar 22 #38
So in other words... calguy Mar 22 #40
So since his lawyers claimed he didn't have the BlueKota Mar 22 #45
I doubt it since they weren't under oath. jimfields33 Mar 23 #55
Maybe the judge could call for a affidavit, SIGNED by TFG and his lawyers? bluestarone Mar 23 #62
By the time they'd do that, Monday will be here. We will know all then. jimfields33 Mar 23 #69
True, but i'm thinking they would NOT do it anyway. bluestarone Mar 23 #79
That's true and excellent point. jimfields33 Mar 23 #86
It was in appeal document to the court. BlueKota Mar 23 #89
He obviously WANTS them to take the money. Kablooie Mar 23 #50
And his supporters would see "victim" EmmaLee E Mar 24 #103
Just post the bond and appeal away, trump. There's a slight chance the SCOTUS 6... brush Mar 23 #51
Glad he's doing okay financially. Guess no donations are needed then. live love laugh Mar 23 #52
And? So? NanaCat Mar 23 #53
Thing is... 2naSalit Mar 23 #58
He'd have to appeal through the NYS appellate courts first, wouldn't he? FakeNoose Mar 23 #72
First and foremost... 2naSalit Mar 23 #85
IANAL. However, the way to sidestep NYS NanaCat Mar 24 #96
I don't know who told you that NanaCat Mar 24 #95
I'll try to research that... 2naSalit Mar 24 #97
I can see certain aspects of a case not being subject to appeal NanaCat Mar 24 #100
He's just blowing smoke azureblue Mar 23 #60
Well stated. Isn't reality wonderful. twodogsbarking Mar 23 #61
In reality. It would be easier for Letitia James if Trump did have the cash to appeal. LiberalFighter Mar 23 #68
I think the papers have already been filed on at least 2 properties FakeNoose Mar 23 #73
There is a lot more to do after filing those propertie. LiberalFighter Mar 23 #77
"All the way to the Supreme Court" is a LONG slog. BobTheSubgenius Mar 23 #71
Delay, delay, delay. Turbineguy Mar 23 #76
Deny, deny, deny. twodogsbarking Mar 23 #80
In less than a year, we will find out what our Republic and its systems are really about. Chainfire Mar 23 #81
And the USSC can kick it right back to Lower Court. malthaussen Mar 23 #83
Judge Engoron should go all "E. Jean Carroll" on Trump. Grins Mar 23 #84
Why is this imbecile not gagged?? Literally and figuratively. Evolve Dammit Mar 23 #87
Is he going to appeal everything to the SC liberal N proud Mar 23 #90
Yes NanaCat Mar 24 #99
He'll appeal? With what money??? summer_in_TX Mar 23 #93
He doesn't need the money to appeal NanaCat Mar 24 #98
All he needs is lawyers Blue Idaho Mar 24 #104
It was my understanding that to be able to appeal the judgment in New York, Trump would have to put up a bond summer_in_TX Mar 24 #105
I doubt SCOTUS would take the case. Martin68 Mar 24 #101
If the SlobFather manages to avoid all of this and win reelection the level of retribution will be beyond belief. NoMoreRepugs Mar 24 #102
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