“But the Trumpian part is that even though, or perhaps because, it may be part of a Trump scam, Knight now too may be on the hook for $175 million as it won’t automatically get out from underneath its own proffered surety.”

Hankey, a billionaire, has already said that his company will be able to post the money for Trump.

He was reacting to a comment on X by lawyer Dave Kingman, who wrote that Knight will not be able to post the $175 million.

“Understand that Knight Specialty has a problem. This bond cannot be approved. Under the CPLR [Civil Practice Laws and Rules] the surety will remain obligated under the bond until a replacement bond is filed. Trump is unlikely to get a replacement bond. Knight Spec will be liable AND Trump won’t have a stay [on enforcement],” he wrote.

  • @Tyfud
    link
    39 months ago

    Correct, but I think it’s important to add that this is showing that the other systems of checks and balances that were supposed to be in place for frivolous crimes drummed up in the scenarios you’re mentioning, are supposed to stop someone like trump from running.

    Specifically the RNC and the Electoral college. Both of which have miserably failed in their jobs to prevent a dictator from taking power in the united states. As did our legislative side, fail to convict him on 2 airtight impeachment cases.

    This is because the smaller half of our government (republicans), have completely sold out to trump, and there’s no turning back from them. They’re going to ride this ship into the ground.

    • BraveSirZaphod
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      fedilink
      29 months ago

      You’re correct, but the fundamental blame for that does lie with the voters, at the end of the day. No amount of structural protections can protect democracy from voters that do not care about it. At that point, they’re just ink on a page.

      • @Tyfud
        link
        19 months ago

        Agreed.

        Which is why voting is so incredibly difficult to do for the people who are the most exploited and marginalized in this country.