# A Perfectly Reasonable Amount of Schadenfreude about Things Happening to Trump & His Enablers (Part 2) **URL:** \ **Category:** The BBQ Pit\ **Tags:** trump\ **Created:** [May 19, 2023, 3:20am UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250 "2023-05-19T03:20:08Z")\ **Posts on this page:** 20\ **Page:** 243
**Author:** ![Euphonious\_Polemic](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/euphonious_polemic/32/3002_2.png) [@Euphonious\_Polemic](https://boards.straightdope.com/u/Euphonious_Polemic)\ **Post date:** [March 20, 2024, 7:56pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4842 "2024-03-20T19:56:28Z")
> [@SunUp](#): > > Setting aside whether Mar-A-Lago qualifies as a personal residence, You can’t really set that aside. Mar-A-Lago is explicitly and legally NOT a personal residence. It is fully open to seizure for a judgement. Look up “Uniform Enforcement of Foreign Judgments Act” or “Domesticating Foreign Judgements in Florida” ---
**Author:** ![Euphonious\_Polemic](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/euphonious_polemic/32/3002_2.png) [@Euphonious\_Polemic](https://boards.straightdope.com/u/Euphonious_Polemic)\ **Post date:** [March 20, 2024, 7:58pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4843 "2024-03-20T19:58:04Z")
> [@Shoeless](#): > > At least that’s my understanding. Yes, mine too. This is why it was actually great news for Jean Carroll that a bond was posted in the appeal into her case. It means that when the appeal is done, the cash is hers with no muss, no fuss. ---
**Author:** ![Horatius](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/horatius/32/3572_2.png) [@Horatius](https://boards.straightdope.com/u/Horatius)\ **Post date:** [March 20, 2024, 7:58pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4844 "2024-03-20T19:58:20Z")
> [@Procrustus](#): > > They like to get it all sorted out and locked in before they issue the bond so collection is easy at the end of the day. And the fact that they knew Trump would fight it tooth and nail, no matter how solidly the contracts were written, was probably factored in to the premiums they were going to charge. How much extra would it take to convince _you_ to sit in a court and argue with Trump over almost $500 million in cash that he owes you? $100 million? $200 million? Hell, I wouldn’t be surprised if this mess ended costing him over a billion, after it was all over. ---
**Author:** ![Red\_Wiggler](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/red_wiggler/32/13190_2.png) [@Red\_Wiggler](https://boards.straightdope.com/u/Red_Wiggler)\ **Post date:** [March 20, 2024, 8:48pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4845 "2024-03-20T20:48:54Z")
Isn’t he technically just a live-in employee at Mar-a-Lago and that it’s not permitted to be his personal residence? Hoo boy, could be another knot that he’s tied that may protect him or may screw him. Either way, sounds like another court case (delay, delay). ---
**Author:** ![Euphonious\_Polemic](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/euphonious_polemic/32/3002_2.png) [@Euphonious\_Polemic](https://boards.straightdope.com/u/Euphonious_Polemic)\ **Post date:** [March 20, 2024, 8:57pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4846 "2024-03-20T20:57:18Z")
> [@Red\_Wiggler](#): > > Hoo boy, could be another knot that he’s tied that may protect him or may screw him. He’s screwed either way. It’s designated a private club, not a residence, so that he got much lower local tax rates. If he now says it’s his primary residence, he’ll be on the hook for a shitload of back taxes, and possible prosecution for lying about it on tax forms. If he says it’s NOT his primary residence, the state of New York is able to seize it to pay the judgement. ---
**Author:** ![enipla](https://avatars.discourse-cdn.com/v4/letter/e/54ee81/32.png) [@enipla](https://boards.straightdope.com/u/enipla)\ **Post date:** [March 20, 2024, 9:00pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4847 "2024-03-20T21:00:27Z")
> [@Red\_Wiggler](#): > > Isn’t he technically just a live-in employee at Mar-a-Lago and that it’s not permitted to be his personal residence? That’s what I read. MAL isn’t gonna cover 500 million though. No clue about Trump tower, and the rest of his shit that is likely mostly owned by banks. I can’t really imagine him back in NY. He is despised there. ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [March 20, 2024, 9:11pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4848 "2024-03-20T21:11:46Z")
I’m ignorant in the world of finance, but I’m fluent in understanding what a lying fuck Trump is. So considering that, it seems reasonable to me that banks and other lenders own most of Trump’s shit, and that bastard can’t _possibly_ cover this bond. (I’ve also learned how to be disheartened with the way that those in power in my country bend to Trump, so I fully expect an appeals court to pat Trumps head and say: “That’s OK, Donald. We’ll just cut this bond amount down to something that makes you smile.”) ---
**Author:** ![Horatius](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/horatius/32/3572_2.png) [@Horatius](https://boards.straightdope.com/u/Horatius)\ **Post date:** [March 20, 2024, 9:15pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4849 "2024-03-20T21:15:38Z")
> [@bobot](#): > > So considering that, it seems reasonable to me that banks and other lenders own most of Trump’s shit, and that bastard can’t _possibly_ cover this bond. I was thinking about this earlier - it would make sense for them to go after the properties that are the least encumbered by loans, so as to make it easier to get the full amount with the least effort. Which means that whatever he’s left owning will be the _most_ encumbered. His financial situation is going to become even more untenable, very soon. ---
**Author:** ![Stratocaster](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/stratocaster/32/16393_2.png) [@Stratocaster](https://boards.straightdope.com/u/Stratocaster)\ **Post date:** [March 20, 2024, 9:24pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4850 "2024-03-20T21:24:19Z")
Yep. Andrew Weissmann on MSNBC said his inability to get a bond and the absence of the funds “in his own pocket” are two sides of the same coin. IOW, if Trump truly has $10B in unencumbered (or at least not completely encumbered) non-liquid assets, it would be trivially easy to get a letter of credit collateralized by said assets. A bond issuer who had the $500M collateralized by, say, $1B in assets would surely be forthcoming. The only obstacle to getting a bond of this size is the inability to absolutely ensure repayment. Period. Weissmann’s point: Trump’s myth-making about his mega-riches is about to be exposed. If you have $5B in assets and $5B in liabilities—well, you do the math… 😄 ---
**Author:** ![Procrustus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/procrustus/32/2994_2.png) [@Procrustus](https://boards.straightdope.com/u/Procrustus)\ **Post date:** [March 20, 2024, 9:34pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4851 "2024-03-20T21:34:44Z")
> [@Stratocaster](#): > > Weissmann’s point: Trump’s myth-making about his mega-riches is about to be exposed. If you have $5B in assets and $5B in liabilities—well, you do the math yep, but change that to $6B in liabilities. I’m guessing he’s a bit underwater. (because of all the frauding) ---
**Author:** ![Stratocaster](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/stratocaster/32/16393_2.png) [@Stratocaster](https://boards.straightdope.com/u/Stratocaster)\ **Post date:** [March 20, 2024, 9:36pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4852 "2024-03-20T21:36:42Z")
I would not be surprised. ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [March 20, 2024, 9:50pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4853 "2024-03-20T21:50:25Z")
> [@Stratocaster](#): > > If you have $5B in assets and $5B in liabilities—well, you do the math… Hey, I told you I was no good at finance! I was told there’d be no math! 🍻 ---
**Author:** ![Stratocaster](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/stratocaster/32/16393_2.png) [@Stratocaster](https://boards.straightdope.com/u/Stratocaster)\ **Post date:** [March 20, 2024, 9:51pm UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4854 "2024-03-20T21:51:53Z")
Fine. Give me a couple of minutes to find my calculator… ---
**Author:** ![romansperson](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/romansperson/32/17100_2.png) [@romansperson](https://boards.straightdope.com/u/romansperson)\ **Post date:** [March 21, 2024, 1:46am UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4855 "2024-03-21T01:46:00Z")
> [@Euphonious\_Polemic](#): > > This is why it was actually great news for Jean Carroll that a bond was posted in the appeal into her case. It means that when the appeal is done, the cash is hers with no muss, no fuss. Unfortunately, Ms. Carroll is 81. I hope she plans to live at least another 10-15 years in good health, considering how long appeals seem to take - and which I am sure the orange bastard is counting on. What happens if she passes before the appeals process is finished? Does that render everything moot? ---
**Author:** ![Aspenglow](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/aspenglow/32/76_2.png) [@Aspenglow](https://boards.straightdope.com/u/Aspenglow)\ **Post date:** [March 21, 2024, 1:57am UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4856 "2024-03-21T01:57:43Z")
No. Her estate carries out what is necessary to enforce the judgment, assuming she wins the appeal. ---
**Author:** ![romansperson](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/romansperson/32/17100_2.png) [@romansperson](https://boards.straightdope.com/u/romansperson)\ **Post date:** [March 21, 2024, 1:59am UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4857 "2024-03-21T01:59:07Z")
Good!! ---
**Author:** ![Love\_Rhombus](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/love_rhombus/32/10694_2.png) [@Love\_Rhombus](https://boards.straightdope.com/u/Love_Rhombus)\ **Post date:** [March 21, 2024, 9:42am UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4858 "2024-03-21T09:42:13Z")
Horror what-if story: Trump becomes Prez, then simply cuts off all federal funds to NYC until they give him back his money or property. ---
**Author:** ![Gyrate](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/gyrate/32/3588_2.png) [@Gyrate](https://boards.straightdope.com/u/Gyrate)\ **Post date:** [March 21, 2024, 10:36am UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4859 "2024-03-21T10:36:13Z")
It’d hurt, but NYC could muddle on without federal funding which currently makes up less than 10% of its budget. And it’s the state that will be taking his stuff, not the city. ---
**Author:** ![Stratocaster](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/stratocaster/32/16393_2.png) [@Stratocaster](https://boards.straightdope.com/u/Stratocaster)\ **Post date:** [March 21, 2024, 10:51am UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4860 "2024-03-21T10:51:41Z")
The prez does not control the purse strings. Also, isn’t NY state a net giver to the Feds? I’d assume NYC is a big part of that. If everyone in NY says fine, keep your dough and we’ll keep ours, good luck prosecuting that. ---
**Author:** ![Horatius](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/horatius/32/3572_2.png) [@Horatius](https://boards.straightdope.com/u/Horatius)\ **Post date:** [March 21, 2024, 11:26am UTC](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250/4861 "2024-03-21T11:26:25Z")
> [@Gyrate](#): > > And it’s the state that will be taking his stuff, not the city. > [@Stratocaster](#): > > The prez does not control the purse strings. Also, isn’t NY state a net giver to the Feds? I’d assume NYC is a big part of that. There you go again, assuming Trump is smart enough to understand that. He still doesn’t understand who pays for the tariffs he still goes on about. Heck, he might not even know that “New York” is the name of two different government entities. You think he’s ever knowingly been to Utica, for example? [Previous page](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250.md?page=242) [Next page](https://boards.straightdope.com/t/a-perfectly-reasonable-amount-of-schadenfreude-about-things-happening-to-trump-his-enablers-part-2/984250.md?page=244)