“When once a Republic is corrupted, there is no possibility of remedying any of the growing evils but by removing the corruption and restoring its lost principles; every other correction is either useless or a new evil.” ~ Thomas Jefferson
Important Takeaways:
- Donald Trump Says $454M Bond Could Force Real Estate Fire Sale: ‘ELECTION INTERFERENCE’
- New York Attorney General Letitia James’ prosecution of Trump essentially tries to bankrupt the president. Trump must post a liquid (cash, securities) bond covering the full amount of the judgment to pause enforcement of the judgment, but 30 surety companies told Trump they would not accept real estate assets as collateral, Trump’s lawyers said Monday. The enforcement will begin on March 25.
- If Trump cannot post the $454 million bond, James could seek to freeze some of his bank accounts and properties.
- Trump said:
- Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision. In other words, he is trying to take my Appellate Rights away from me when I have already won at the Appellate Division, but he refuses to accept their already made decision.
- “Nobody has ever heard of anything like this before. I would be forced to mortgage or sell Great Assets, perhaps at Fire Sale prices, and if and when I win the Appeal, they would be gone,” Trump added. “Does that make sense? WITCH HUNT. ELECTION INTERFERENCE.”
- Constitutional scholar Jonathan Turley… concluded, “It shocks the conscience that you have to pony up this type of money just to get someone to look at what you believe, and I believe, is an excessive ruling by this judge.”
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