By John Q. Hosedrinker Well since he valued them all at fire sale prices for tax assessment purposes, I fail to see the problem. And? His whole real estate empire is kinda like a ponzi scheme. He has to sell off a property to be able to pay the loan of another one. I guess they’ve been doing a decent job but once there is a hiccup they will have problems unless oligarchs come to save him again Better hurry, bud. You’ve got a week left before New York starts running the fire sale for you.
“Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision. In other words, he is trying to take my Appellate Rights away from me,” Trump wrote in a post on his Truth Social platform on Tuesday morning. “Nobody has ever heard of anything like this before.” “I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone. Does that make sense? WITCH HUNT. ELECTION INTERFERENCE!” Trump added.
OH MY GOD WE’RE HAVING A FIRE… sale. Whatever happened to that 400 million in cash he testified that he had? Dumpster fire sale. That “gofundme” has now JUST broke the $1.4 million barrier. Trump has six days to come up with the money. Probably should have thought of that before committing all that fucking fraud, Donald. If Mara-Lardo was really worth 1.5 billion as he claimed in his fraud trial he would have zero problem finding a company to put up the bond using that as collateral. It would be an easy ~$8 million (based on what I understand to be common commissions of 2%) for a bonding company with almost no downside. If he hypothetically lost the appeal and defaulted, they would get a $1.5 billion property. The fact that 30 companies turned him down says everything you need to know about the legitimacy of his claims about the property and his billionaire status. Donnie, don’t do the crime if you can’t pay the dime! I hear E Jean Carroll is looking for investment properties. He’s just gonna have to pick himself up by the diaper straps and switch to the value menu. If consequences are too hard to swallow, don’t break the law. Does “fire sale” mean he would have to sell at actual market value, instead of trumped up value? …. yes. its a punishment. that’s why it’s supposed to hurt. Fuck your feelings Donald! Consequences. One time a constable came to my house at 9pm in the dark to threaten to take my only piece of shit car that I needed to get to work and take my kid to school because I owed a little money to a tow lot. Fuck Donald Trump. “By Grabthar’s Hammer……^what ^a ^savings ” He keeps repeating how “this has never happened before!” No shit. Nobody in your position has ever gotten caught for doing so much illegal shit before. Or been such a dick.
Trump: We found a buyer for Mara-Lago for 1.2B. It’s a small company out of Hungary called Pladimir Vutin LLC. Sometimes I think America is too stupid to survive this. I expect him to be bailed out at the 11th hour Buuutt maybe I’m wrong he seems unusually scared here Good. Take that fucking sign off the building in Chicago “A little education on that—and I am being serious here even though I hate Trump. People who are interested in how fake Trump’s entire persona is should read this long post: TRULY rich people have known for many years he is not a multi-billionaire—among the reasons is because his 35-year-old plane is like a 1988 Lexus with 327,000 miles in the luxury plane world. His plane is worth $25-30 million at best, a fraction of a much smaller, more modern Bombardier Global Express or Gulfstream 600 or 650. It’s a giant gas guzzler and discounted heavily on the resale market because it’s an old model and a very old plane. To his brain-dead cult, he seems like this amazing success story with this amazing plane, it’s all smoke & mirrors con artistry. Anyone who was an ACTUAL multi-billionaire—especially someone with an ego as enormous as his would have a way more modern plane that is like his—but that would cost $200 mil—& he can’t afford that. He plays pretend with the one he has. Is he poor? No. He probably has a net worth of around $1 billion because of a few accidentally successful real estate investments like the hotel he grifted off of in D.C. and a valuable partnership with Vornado and some other stuff in NY—but he is very illiquid as we are finding out. He is in big trouble. If he has to sell valuable real estate to pay the $450 mil+ he gets screwed three ways: He pays the giant penalty and that $ is GONE. He then loses a lifetime of cash flow that is HUGE over time. AND, he will have a gigantic tax bill from the gains on the real estate. SAD!” – Spiro’s Ghost Maybe his book should have had a chapter about how to scam your way out of a deal? 🎻 (shown larger than actual size) Good, I hope it gives you extreme bowel discomfort. Just like everyone else does when they want to appeal a verdict.
If the amount is too much, then perhaps sticking to committing crimes that are more within your budget in the future would be a good idea. I really don’t care, do you? I think he actually means ‘Pants on fire sale’. The guy who breaks the law and is caught is angry about selling assets that he gained by breaking the law. There is a delicious irony here in that the penalty originated because the Trump org inflated the value of assets to get better rates. Trump denies this, but the very fact he is unable to come up with the $$$ strongly suggests he doesn’t have this kind of capital lying around, demonstrating the veracity of the case in the first place. Had he been easily able to post it (without extracting the funds from his followers who seem to be willing to hand over their money in donations and merchandising while simultaneously saying Trump is fighting the elites for them, another level of irony), he could have helped his own cause – he couldn’t. Good. There isn’t a single private citizen going through a small scale version of this that would be forgiven. They’d be homeless and told to fuck themselves. That’s my sentiment here with this grifter, except he was actively trying to game the system, he wasn’t just trying to keep a single roof over their family’s head. Fuck him. Yes. Let’s get it done.
I always thought that fines were just the cost of doing business for these billionaires? So do, fuckface If I had one wish, it would be for every single Trump voter to wake up tomorrow morning, and immediately understand how incredibly wrong everything this traitor does is. It hurts me that I have close family members that have ingested so much Trump koolaid that they will never come back. Even more concerning, he can be bought. “As a candidate for president, Trump is “desperate for $464M, “…makes him a massive national security risk; and a foreign adversary seeking to buy a president know the price.” which he cannot personally access,”… said Rep. Sean Casten posted on X(twitter). “You gotta pay your bills!” -Donald Trump addressing NATO allies Selling at fire sales prices in Trump World means the actual value of a property, not the value he used to obtain more loans. He’s just getting ahead of when his base sees a property of his being sold off at 7 million that he had listed for 69 million. “See what those CROOKED people made me sell my New York Tower for??? The radical left SOMEHOW convinced the appraisers that my TOWER is worth FAR LESS than it is and STOLE millions of dollars with that RIDICULOUS and ILLEGAL sale!! MAGA!!”
Does he need some bootstraps? Omg we’re having a fire… sale Yep, that’s how it plays out for everyone else. Stings don’t it? When he says fire sale, he means set it on fire and file an insurance claim. Well, you’re the douche who testified in front of a judge under oath that you had that cash on hand? The court knows exactly what assets he has and their value. That was the whole point of the civil trial… to assess damages and levy punitive fines commensurate with the flagrant abuse Trump utilized said assets in a scheme to defraud the citizens and government of New York and financial institutions. So when Trump says he’d have to sell the properties to meet the bond. Yeah, that’s the point. He’s been living off grifting for the last 8 years. Maybe he should cut back on eating out and Starbucks and he could afford this fine. Lol no shit, It’s either that or they get seized.