Chump’s spokesshill Liz Harrington offers the defense that he “did not inflate his assets, he UNDERVALUED them”. Er… Liz… undervaluing his assets (to fraudulently reduce his tax bills) is one of the things he’s being accused of in the first place…
I don’t believe even a conviction of a felony would bar him from running for president. The Constitution spells out what the qualifications are and I don’t believe the Supreme Court would consider any further restrictions on eligibility to be valid.
It depends on whether the felony is of a type that the Insurrection Clause of the Fourteenth Amendment could be considered applicable. I suppose there could be an interesting court case about whether conviction for a particular crime would qualify.
But this isn’t a criminal case, so there’s no question of a felony conviction – or any conviction, for that matter – let alone anything barring him from holding office.
The most this case can do is ruin Trump financially. I’d be fine with that.
Expect emergency legislation in Florida to shield Mar-A-Lago and any other assets he has in the state from being seized by NY, as well as a refusal to extradite.
I can’t see him being ruined financially or even having to sell M-a-L. His worshipful minions will gladly impoverish themselves, go without food, eat their pets, even sell their children to Hillary Clinton in order to make sure he never has to poop anywhere but in a gold toilet.
People like him never go broke, even when they think they’ve gone broke. I remember after the Enron scandal, Kenneth Lay saying he really understood poverty now because he and his wife were down to their “last million.” BTW there’s a great, thoroughly nauseating documentary on Enron called “The Smartest Guys in the Room.”
There’s one significant difference between Trump’s case and the Enron case. Trump’s is a privately-held corporation, with only family members and close friends having any ownership interests. It’s going to be much harder for any involved Trump to dodge ultimate accountability.
When I took Business Law (I switched from Computer Science to Business Administration in college) we even spent some time talking about how special Florida was in this regard.
I wasn’t likening trump & Co. to Enron, just commenting that people like trump and Ken Lay always seem to have a million $$ or so tucked away in their sock drawer.
But eventually, the source of Trump’s wealth, his grifting, will come to an end. As Republicans move on to the new annointed grifter, they won’t have $$ available for Trump. So just as he most needs their help, the griftees will have a new toilet to flush their money down.
It will be hard to get by on just a million when you’re used to getting by on hundreds of millions, I think. Especially when the $250 million penalty bill comes due.
IIRC, Texas as well. It has been a LONG time, but in both states I believe 1 home and 1 car are exempt from collection, and wages cannot be garnished to satisfy a legal judgement.
I remember one time I got a judgment against a pretty well known Houston Older. Just about every Monday throughout football season I could count on my client calling up screaming, “I saw that SoB on TV yesterday! When are you going to get my money?”
I’d like to see trumpy living in a 450 sq ft apartment in a seniors retirement community, living on $2,000/mo social security and supplementing that with a part-time job as a Wal-Mart greeter. Yeah. That would make me happy.