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Trump does have the money
By Terry A. Hurlbut
The last several days have seen some striking updates on the financial situation of President Donald J. Trump. This should reassure his followers, to the chagrin of his detractors. Simply put, he will be able to satisfy the “appeal bond,” one way or another. So those same detractors, who had hoped to seize every asset he had within their reach, will find that harder to justify. At the same time they have cast doubt on the willingness of the State of New York to respect the Constitution they ratified at its beginning.
Trump gives an update
The first update came at 7:14 a.m. EDT Friday (March 22) – on Truth Social, the only social medium Trump uses.
https://truthsocial.com/@realDonaldTrump/posts/112139048661343988
THROUGH HARD WORK, TALENT, AND LUCK, I CURRENTLY HAVE ALMOST FIVE HUNDRED MILLION DOLLARS IN CASH, A SUBSTANTIAL AMOUNT OF WHICH I INTENDED TO USE IN MY CAMPAIGN FOR PRESIDENT. THE OFTEN OVERTURNED POLITICAL HACK JUDGE ON THE RIGGED AND CORRUPT A.G. CASE, WHERE I HAVE DONE NOTHING WRONG, KNEW THIS, WANTED TO TAKE IT AWAY FROM ME, AND THAT’S WHERE AND WHY HE CAME UP WITH THE SHOCKING NUMBER WHICH, COUPLED WITH HIS CRAZY INTEREST DEMAND, IS APPROXIMATELY $454,000,000. I DID NOTHING WRONG EXCEPT WIN AN ELECTION IN 2016 THAT I WASN’T EXPECTED TO WIN, DID EVEN BETTER IN 2020, AND NOW LEAD, BY A LOT, IN 2024.THIS IS COMMUNISM IN AMERICA!
In fact he had dropped an earlier hint in the “wee hours” of the morning:
https://truthsocial.com/@realDonaldTrump/posts/112137789568182401
Of course, not wanting to tie all his money up in paying an appeal bond directly, Trump sought to use a bonding company. But at least one company (Chubb) refuses to deal with him for political reasons. They preferred to finance E. Jean Carroll in her defamation action. The others have found the large amount beyond their means.
https://twitter.com/MSNBC/status/1770956864685047987
So Trump is simply soliciting small donations for his campaign, while preparing to satisfy the appeal bond with current funds. But he might not have to do that, either. Truth Social is going public – with a market capitalization of $5 billion. Trump owns sixty percent of that – a $3 billion stake. Technically he wouldn’t be able to sell any of it for six months. But the board of directors of the newly-merged company (NASDAQ:DJT) could vote to remove that disability. Nor would he have to sell all of it. He need only sell half a billion dollars’ worth to restore his cash position.
As if that weren’t encouraging enough, evidence emerged that the Mar-A-Lago property could be worth as much as $240 million. That would amount to more than half the judgment.
https://twitter.com/bennyjohnson/status/1770963198021165466
New York loses business
New York State, meanwhile, is rapidly losing real-estate investors. Shark Tank judge Kevin O’Leary, who has been beating that drum ever since Judge Arthur Engoron handed down that judgment, teed off again this Wednesday.
https://twitter.com/WallStreetSilv/status/1770645922667540695
He says this has nothing to do with Donald Trump anymore, but represents “an attack on America.” According to him, no investor will want to take a chance on such a judgment against them. The reason: they all do the same thing Trump did, and no one has ever questioned it before.
Jonathan Turley confirmed this:
https://truthsocial.com/@realDonaldTrump/posts/112139579611985351
This puts New York’s Governor and Attorney General on the horns of a dilemma. If they insist, as Gov. Kathy Hochul already has, that these businessmen need not worry because they are “not Trump,” then they have just admitted to an act that violates at least four parts of the Constitution of the United States:
• Passing a bill of attainder and an ex post facto law. (Article I Section 10 Clause 1. The Appellate Division of New York’s superior-court equivalent has already said the acts charged against Trump are older than the statute of limitations.)
• Abridging Trump’s privileges and immunities as a citizen of the United States. (Article IV Section 2; Amendment XIV Section 1.)
• Depriving Trump of his property without due process of law. (Amendment XIV Section 1.)
• Denying Donald Trump the equal protection of the laws. (Amendment XIV Section 1.)
https://rumble.com/v4ew5tu-new-york-provokes-a-constitutional-crisis.html?mref=4teej&mc=88ce6
Warning: don’t mess with Trump!
Yesterday (Sunday, March 24), several commentators gave two sets of warnings about even trying to take any of Trump’s property. Cristina Laila at The Gateway Pundit shared comments from Jonathan Turley about steps New York Attorney General Letitia “Tish” James is already taking to effect a seizure. Prof. Turley explained this to Larry Kudlow on the Fox Business channel:
These properties are partnerships, they have leveraged debt – all of that has to be unraveled. So these aren’t just this, you know, the one-to-one Trump versus James type of equation. So in order to seize that property, she’s going to be pulled into court, there’s going to be challenges. It’s not going to happen overnight. While everyone is celebrating this idea that she’s going to padlock Trump Tower. It’s not likely to happen, and it’s certainly not likely to remain very long.
And:
The other thing is that she could be harming the value of the property that she’s trying to seize with some of these actions. I don’t think that matters to her, but it might matter to a court.
The day before yesterday, Jack Davis at The Western Journal shared a more dire warning. Frank Luntz – no friend of Trump – shared this to CNN on the very day “Tish” James started filing judgments to seize some of Trump’s properties. Luntz’ message was plain: “Lay off, or you’ll elect Trump. Simple as.” Jamie Frevele posted a transcript of the CNN segment to Mediaite Friday morning:
I want you to remember this moment, and don’t forget it. If the New York Attorney General starts to take his homes away, starts to seize his assets, it’s all going to be on camera. Pundits are going to sit there and scream about this, “This man cannot be elected.” You’re going to create the greatest victimhood of 2024, and you’re going to elect Donald Trump.
If they take his stuff, he’s going to say that this is proof that the federal government and the establishment in the swamp in Washington, and all the politicians across the country and the attorneys generals and all of this, that this is a conspiracy to deny him the presidency. He’s going to go up in the polls just like he went up every single time they indicted him. The indictment, and let’s not talk about whether it’s justified or not, but it will prove the things that he’s saying on the campaign trail, and he will go up, and it may just elect him president. Do not forget that.
And I say this to the attorney general right now, if you play politics on this, this is what the Secretaries of State did in Colorado, and what they did in … Maine, his numbers went up in both states. I don’t understand. I’m almost speechless in how pathetic the opposition to Trump has been and how completely misguided. And this is a perfect example of it.
https://www.youtube.com/watch?v=cGg7uQkT6hM
https://twitter.com/d_ewinger/status/1771497806143914475
The future of Constitutional federalism
New York State’s posture raises the question of whether that State wants to be part of a Constitutional union. One can say the same of the State of Hawaii. Recently they declared that the Supreme Court’s Second Amendment jurisprudence must yield to Hawaii’s “Spirit of Aloha.”
https://rumble.com/v4da99o-hawaii-defies-the-supreme-court-in-the-spirit-of-aloha-gregory-hood-article.html?mref=4teej&mc=88ce6
Or Washington State criminalizing any speech against “protected” groups.
https://rumble.com/v4iw17c-liberty-curse-word-in-america.html?mref=4teej&mc=88ce6
Or for that matter, the three Texas cases.
https://rumble.com/v4khvg9-texas-will-it-set-secession-in-motion.html?mref=4teej&mc=88ce6
The point of having a Constitution for several independent States is to make sure that one has the same rights in one State as in any other State. New York State, like Hawaii and Washington State, has violated that precept. That’s why we have seen a net ex-migration from those States, into States that don’t do things this way. Of course, it means those States will have even less chance of electing conservatives State-wide. But it also means that the country is dividing geographically as well as by Party affiliation.
The irony is as painful as it is rich, that New York was the last State to ratify the Constitution before the original Federalists were willing to declare it effective. (They had the nine States they needed, but without Virginia and New York it was a no-go.) Will New York now be the cause of the United States dividing into two separate non-contiguous countries?
https://rumble.com/v10yz1g-great-sortation-gets-mainstream-media-attention.html?mref=4teej&mc=88ce6
Thus, as between New York and Texas, which State really stands in violation of the Constitution?
Link to:
Trump’s Truths saying he has the cash on hand:
https://truthsocial.com/@realDonaldTrump/posts/112139048661343988
https://truthsocial.com/@realDonaldTrump/posts/112137789568182401