Idiot Trump Confesses He Actually Has the Money to Post Bond

https://lemmy.world/post/13451068

Idiot Trump Confesses He Actually Has the Money to Post Bond - Lemmy.World

Donald Trump is close to the deadline to post bond in his fraud trial—and he’s screwing himself over even more. After having reached out to several guarantors and 30 suretors for help posting his $464 million New York bank fraud bond, Donald Trump suddenly wants everyone to know he actually does have the cash. In a bizarre rant on Friday morning, the man who was found to have defrauded banks and investors by overvaluing himself and the value of his properties claimed that he had accrued the wealth by way of “HARD WORK, TALENT, AND LUCK.” Trump also admitted he has nearly half a billion dollars in cash. The confession directly contradicts a filing from his legal team last month arguing that it would be “impossible [https://newrepublic.com/post/179366/donald-trump-struggling-post-new-york-fraud-bond]” to secure a bond covering the full amount of the multimillion-dollar ruling.

Honestly I don’t believe for a second that he actually has the money. I just don’t think he can handle people (HIS people) knowing that he’s flat fucking broke and at the end of his rope.
Monday we’ll find out if Schrodinger’s cash was in the box or not.

He’s not broke. TruthSocial is about to go public via SPAC and make him about $3.3B. Company will trade under ticker DJT.

From Reuters

This is all a nice distraction to rile his base.

DJT’s public offering needs to be pushed out past the first or second week of May in order to screw Donnie over. He can’t cash out any shares for six months, or use those shares as collateral for six months either.

If he loses in November, that stick becomes worthless.