caf_elections
Rookie
Posts: 33
Political Matrix
E: 2.06, S: 2.09
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« Reply #1 on: March 25, 2024, 11:03:41 AM » |
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Congratulations to the NY Appeals Court for making a last minute, yet necessary ruling. The way that Letitia James has handled this case, specifically with what playbook she is using and her seeking a half-a-billion dollar bond, is unconstitutional (literally! no excessive fines) and partisan.
There is no legal precedent (or theory, really) driving this case. A loan is a loan, and if I inflated my assets, and you the bank signed off on the loan (which means you agree with my appraisal) AND I pay the loan back in full, too, then where is the issue here? Donald Trump is no longer apart of the elite of society and so he cannot get away with the same loopholes that every other member of his class does.
Very few billionaires, if any, actually have $454m in some LIQUID form. They stretch their assets. Letitia was, because of the order of the seizing of property and appeals, attempting to nab Trump Tower or Mar a Lago with an impossible bond while depriving Trump of almost all o his cash on hand for the 2024 campaign in a single fell swoop. Disgusting.
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