Or the appeals court reduces his bond. I hope it doesn’t happen, but I can’t fail to notice that none of the screws that have been put to Trump have made actual contact yet.
I know, I know. It’s imminent. Still imminent.
Monday’s Trump is full of debt
Tuesday’s Trump just wept and wept
Wednesday’s Trump is full of woe
Thursday’s Trump has so much owed
Friday’s Trump finds no reprieve
Saturday’s Trump can naught but grieve
But when Trump hits the Sabbath day
He has no choice but pay pay pay.
Here’s a prediction. We’re all waiting to see what happens Monday. I predict that what happens on Monday is we hear about how another delay has been approved by the court.
Donald Trumpy,
Sued on a Monday,
Subpoena’d on Tuesday,
Testified on Wednesday,
Found liable on Thursday,
Appealed on Friday,
Denied on Saturday,
Broke on Sunday,
That was the end,
Of Donald Trumpy.
Just FYI, some say that Trump could gain over 3 Billion $ in his alleged wealth if the Spac that could float Truth (sic!) Social (sick!) is allowed to proceed by its (the Spac’s) shareholders:
All I can say to that hypothesis is that should TS be listed it would be the clearest candidate in my memory to short.
That would be paper money. It’s not realized gains until he finds some suckers to buy the stock. And if he’s dumping stock at an amazing rate to get the cash, the stock prices is going to plummet into the earth’s core.
As I have mentioned before, he is contractually constrained from selling Truth Social stock after the merger. I forget the time frame, but it is longer than “a couple of months.” He can’t use that for funds. Any lifeline he gets will be from Russia.
That is why I would see TS as a once in a lifetime shorting opportunity. As I would not be the only one I would probably not be able to benefit from it myself: professionals would have a field day, though.
Not virus warnings, but so many ads trying to load that it’s impossible to read the article at all, much less scroll to the bottom. Which is pretty much why I usually avoid clicking on Raw Story links. (Yeah yeah, I know, get an ad blocker…)
You ought to be able to buy publicly traded put options. They will be expensive, but not out of reach for average investors. Ask your financial advisor.
Four-time indicted former president Donald Trump suffered arguably his worst loss(es) in any criminal matter this week when, in his New York trial for alleged falsification of business records, Judge Juan M. Merchan ruled against him in virtually all of his motions to exclude evidence. By contrast, the judge largely granted Manhattan District Attorney Alvin Bragg’s motions to exclude evidence for trial that Trump believed might be exculpatory. That does not bode well for Trump’s chances to avoid conviction when the case goes to trial, likely in a few weeks.
In sum, the lion’s share of the evidence that Trump views as damaging will be heard by the jury. This underscores the quantity and strength of the facts that implicate Trump. It surely explains why he has been desperate to avoid trial.
Even worse for Trump, the judge granted the prosecutor’s key motions to exclude evidence and arguments that Trump hoped would sway the jury in his favor.
It is hard to see how the proceedings could have gone any worse for Trump (although some issues regarding “prior bad acts” were reserved for trial). Although commentators critical of Bragg knocked his case as “novel” or doubted he could introduce evidence of violation of federal campaign, Merchan found otherwise. Merchan’s orders confirm that this in many ways is potentially a traditional white-collar crime, in which falsification in furtherance of other crimes elevates the charges to felonies. The upshot is that Bragg will get to put on his case with evidence he thinks will support a guilty verdict. The jury will not hear some of Trump’s familiar excuses.
Merchan showed himself to be a serious judge who will not indulge Trump’s antics nor allow the trial to devolve into a spectacle. The case will be tried on straightforward law, and on the mound of evidence Bragg has accumulated. Based on these rulings, Trump should be quaking in his boots.
Between my excerpts, Rubin lists all the things that the judge ruled against Trump on, and for Bragg.