Trump has until Monday to come up with the money.
New York Attorney General Letitia James has 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.
On Wednesday, an attorney for James told the court that Trump’s claims could not be trusted since they were based on sworn statements by Alan Garten, general counsel at the Trump Organization, and Gary Giulietti, one of Trump’s close friends. There’s a precedent to disqualify them—during the trial, Judge Arthur Engoron decided that Giulietti could not be considered a credible witness and argued that Garten had “professional interests in this litigation.”
Garten, however, snapped back at that. “The court found no such thing. The AG statement is reckless and completely untrue,” Garten said in response to the filing, according to The Washington Post.
So far, Trump has tried and failed to pause the rapidly growing interest on the judgment, counteroffering the court a $100 million bond in lieu of the full amount. He has also approached several brokers and 30 suretors for help securing a bond, though it didn’t seem to work out for him, according to a filing by Trump’s attorneys, who admitted that suretors refused to accept Trump’s real estate as collateral. Instead, they would only accept cash to the tune of $1 billion, which Trump said he and his businesses just don’t have.
I don’t disagree and on a fundamental level this is a disaster. The fact that this election is close and represents a choice between a right wing authoritarian and Joe Biden is absolutely ridiculous. I’m just hoping the undecided voters make the right decision this November.
Yeah, but at a certain point we need to ask why these people are the only other option.
Biden spent $13/vote in 2020, almost double trump’s 7/vote to win 2016.
https://www.newsweek.com/joe-biden-billion-dollar-campaign-spent-13-every-vote-1553058
Biden spent over a billion dollars to win his last election, and this one will be even more expensive.
We can blame millions of voters for not holding their noses.
But we shouldn’t let the people running the party and Biden off the hook. We all did it four years ago, and now they’re doing it again.
Even his most feverent supporters openly admit the reason this debt relief is happening is the upcoming election, which means there’s zero reason to expect anything more after election day.
But we’re stuck in this vicious cycle where every election it costs more to get votes for bad candidates, so the next time they take more money from the wealthy, and become worse candidates.
When any cycle we could just run a candidate that’s actually popular, spend 100s of millions less in advertising, and have a good president not reliant on keeping the 1% happy to get re-elected.
Either we eventually fix the system, or shit never gets better.