Donald Trump, a self proclaimed billionaire, cannot provide enough collateral to secure a bond .
His next alternative is to liquidate enough holdings to provide the $500+ million himself. Most likely it would involve a massive fire sale and since we can assume there is significant debt on his holdings, it might still not provide enough equity to make the payment.
He has several choices none of which are good for him.
1. Let the court proceed with the liquidation
2. Declare bankruptcy thereby poking a massive hole in his boasting of his wealth.
3. Cowtow to Russia, Saudi Arabia or another Arab nation to lend him the money unsecured by anything except his sworn loyalty to their interests. In this way he can continue his dutiful service as a useful idiot.
4. Convince an Elon Musk or someone of that ilk to lend him the money in exchange for promises of very favorable treatment from the future White House should he be re-elected. ( e.g. all court cases to be heard by Judge Cannon.)
5. As a last resort, ask Melania for a loan. She probably has more money than he does.
What the heck is up with Texas. Yeah, I know, they have been declaring their true nature for a while now. (See barbed wire killing children crossing the Rio Grande, Uvalde voting overwhelmingly for gun-loving Republican candidates just 5 months after an AR toting shooter killed children and teachers, corrupt and criming AG getting a pass from the bought and paid for TX Senate, etc.). Time to secede Texas. Really. Go. Get out. We will bring Puerto Rico in as the 50th state to replace Texas. We will build a wall to keep Texans and their toxic inhumane policies out. We will suck it up and make do without their oil, wind turbine generated electricity, beef, and cotton. Do they still grow cotton? We won’t have our tax dollars going there, especially to modernize their defective electric grid. We will all eat less beef, thus improving our health so we live to collect Social Security benefits that we have been paying into forever. Oil is on the way out anyway, so yesterday! And there is plenty of sunshine for solar in NM, AZ, UT, NV, etc. Also lots of wind in Wyoming. Really, adios Texas. And all this coming from a native born and bred Texan. I can not believe what has happened to that state.
Thank you once again, Robert. Your daily can-do attitude keeps me going!
BTW, state law enforcement officials being interviewed on the news said they simply did not have the resources to take on enforcing the Texas Law, SB4.
For many of us this is the time of the year when we are preparing income taxes. In a visit with my accountant he mentioned something that I had not considered before. If Trump is elected President there is a strong possibility that his election could have a major impact on the financial markets world wide and impact each of our 401K’s and retirement especially if your portfolio contains investments in companies who are international or rely on foreign manufacturing for key components. Add to this the implied connection to Russia and the authoritarian rhetoric and the financial industry is looking at high risks. What the an average American does not yet comprehend is that Trump and a Republican controlled Congress has grave consequences to our everyday life. We need to inform the average voter what this really means to them.
Lets not get side-tracked by the clown show - which is practically the only card left in their hand. The agenda of the media is simply to make more money without regard to ethics, even-handedness or the whole truth. To be the government of/for/by the people we have to allow a certain amount of nonsense; crushing it would contradict the values of free speech and personal liberties enshrined in our constitution. But we need to follow our "better angels" on the high road, reinforcing the good work, effective leadership and integrity of a skilled, competent and open-minded leader, and trust that enough Americans will prefer our inclusive and compassionate program over the sorry, degraded and corrupt values of a failed party. Hopeful but not complacent is the ticket to prevail.
Up until the last few years, I had confidence in the basic integrity and professionalism of our judicial system, in particular the Supreme Court. I did not always like the decisions rendered, but I thought they were principled.
No longer.
Three points:
—Clearly precedent is no longer a key principle in making decisions, nor is textualism—I’m not sure what is. Supreme Court decisions often are not explained at all. They are not decisions but rather just announcements.
—As a Texan, I have learned that my state can pass laws that lower courts rule unconstitutional but the Supreme Court will permit enforcement anyway. (See Texas’s pre-Dobbs abortion ban and, yesterday, SB4.) This is flat out terrifying (again, see the abortion ban that basically allows bounty hunting).
—How one fares in the judicial system depends on how much money they can access then spend on appeals, presumably forever. There is no enforced end to this approach.
Could someone please explain to me why the media does not crow about Biden, but will say anything they can about Trump! I am trying to understand why the press who says they are fair and balanced or anything but!
Looks like while Trump hasn’t any money to pay his debts to society (NYC), he is losing ground in the states that are holding primaries. It’s music to my ears. Thanks, Robert, we will win this fight against oppression from SCOTUS and the once known R Party members.
My major takeaway from today's Today's is that Trump's cognitive decline is causing him to make multiple decisions that are all reducing his chances of being elected. A smart GOP would ditch him. But he's taken it over with his daughter in law having replaced Ronna McDaniel. Amazing!
I deeply resent Trump’s characterization of Jewish people who vote for Democrats as disloyal or as haters of Israel. Trump is clueless about the politics regarding and within Israel and the difficulties in dealing with Netanyahu. More troubling is how his acolytes respond favorably to his blathering in hopes of swaying voters. He’s just plain wrong.
Trump may be on the ropes, but Robert alluded to a crucial must-win for the country. Democracy-loving Americans must deliver a unified government to President Biden (no easy task).
A democratic congress (house and senate) and stronger democratic representation in state and local governments.
Republicans have worked for and succeeded in stripping basic fundamental rights from many of our fellow citizens, and those rights must be restored.
The real measure of a successful election cycle will send Trump and ALL his enablers to the dustbin of history.
I’m just writing to say that I appreciate your referring to the ex-president as “ex”, rather than “former”. I understand that this is the correct way to refer to him and I wish that more commentators made use of this convention.
The federal government has been in charge of immigration policy for over a century. But the current Supreme Court wants everyone to know that past interpretations of the Constitution don’t mean much to them. They will make laws now, depending upon how they feel that day and what their wives think. What are ya gonna do about it?
The Fifth Circuit Court of Appeals, Supreme Court and Trump have another connection: Fifth Circuit's decision to restrict access to pornography, which led to PornHub stopped serving Texas.
Which Supreme Court Justice was accused of harassing others with pornography? Which former President is facing litigation from a porn star? How does Project 2025 define pornography?
Today's thought..
Donald Trump, a self proclaimed billionaire, cannot provide enough collateral to secure a bond .
His next alternative is to liquidate enough holdings to provide the $500+ million himself. Most likely it would involve a massive fire sale and since we can assume there is significant debt on his holdings, it might still not provide enough equity to make the payment.
He has several choices none of which are good for him.
1. Let the court proceed with the liquidation
2. Declare bankruptcy thereby poking a massive hole in his boasting of his wealth.
3. Cowtow to Russia, Saudi Arabia or another Arab nation to lend him the money unsecured by anything except his sworn loyalty to their interests. In this way he can continue his dutiful service as a useful idiot.
4. Convince an Elon Musk or someone of that ilk to lend him the money in exchange for promises of very favorable treatment from the future White House should he be re-elected. ( e.g. all court cases to be heard by Judge Cannon.)
5. As a last resort, ask Melania for a loan. She probably has more money than he does.
Note: There is no vaccine for this pox.
What the heck is up with Texas. Yeah, I know, they have been declaring their true nature for a while now. (See barbed wire killing children crossing the Rio Grande, Uvalde voting overwhelmingly for gun-loving Republican candidates just 5 months after an AR toting shooter killed children and teachers, corrupt and criming AG getting a pass from the bought and paid for TX Senate, etc.). Time to secede Texas. Really. Go. Get out. We will bring Puerto Rico in as the 50th state to replace Texas. We will build a wall to keep Texans and their toxic inhumane policies out. We will suck it up and make do without their oil, wind turbine generated electricity, beef, and cotton. Do they still grow cotton? We won’t have our tax dollars going there, especially to modernize their defective electric grid. We will all eat less beef, thus improving our health so we live to collect Social Security benefits that we have been paying into forever. Oil is on the way out anyway, so yesterday! And there is plenty of sunshine for solar in NM, AZ, UT, NV, etc. Also lots of wind in Wyoming. Really, adios Texas. And all this coming from a native born and bred Texan. I can not believe what has happened to that state.
Thank you once again, Robert. Your daily can-do attitude keeps me going!
BTW, state law enforcement officials being interviewed on the news said they simply did not have the resources to take on enforcing the Texas Law, SB4.
For many of us this is the time of the year when we are preparing income taxes. In a visit with my accountant he mentioned something that I had not considered before. If Trump is elected President there is a strong possibility that his election could have a major impact on the financial markets world wide and impact each of our 401K’s and retirement especially if your portfolio contains investments in companies who are international or rely on foreign manufacturing for key components. Add to this the implied connection to Russia and the authoritarian rhetoric and the financial industry is looking at high risks. What the an average American does not yet comprehend is that Trump and a Republican controlled Congress has grave consequences to our everyday life. We need to inform the average voter what this really means to them.
Bad news for ShitForBrains is good news for America
Lets not get side-tracked by the clown show - which is practically the only card left in their hand. The agenda of the media is simply to make more money without regard to ethics, even-handedness or the whole truth. To be the government of/for/by the people we have to allow a certain amount of nonsense; crushing it would contradict the values of free speech and personal liberties enshrined in our constitution. But we need to follow our "better angels" on the high road, reinforcing the good work, effective leadership and integrity of a skilled, competent and open-minded leader, and trust that enough Americans will prefer our inclusive and compassionate program over the sorry, degraded and corrupt values of a failed party. Hopeful but not complacent is the ticket to prevail.
Up until the last few years, I had confidence in the basic integrity and professionalism of our judicial system, in particular the Supreme Court. I did not always like the decisions rendered, but I thought they were principled.
No longer.
Three points:
—Clearly precedent is no longer a key principle in making decisions, nor is textualism—I’m not sure what is. Supreme Court decisions often are not explained at all. They are not decisions but rather just announcements.
—As a Texan, I have learned that my state can pass laws that lower courts rule unconstitutional but the Supreme Court will permit enforcement anyway. (See Texas’s pre-Dobbs abortion ban and, yesterday, SB4.) This is flat out terrifying (again, see the abortion ban that basically allows bounty hunting).
—How one fares in the judicial system depends on how much money they can access then spend on appeals, presumably forever. There is no enforced end to this approach.
I really don’t know how we recover from this.
Could someone please explain to me why the media does not crow about Biden, but will say anything they can about Trump! I am trying to understand why the press who says they are fair and balanced or anything but!
Looks like while Trump hasn’t any money to pay his debts to society (NYC), he is losing ground in the states that are holding primaries. It’s music to my ears. Thanks, Robert, we will win this fight against oppression from SCOTUS and the once known R Party members.
My major takeaway from today's Today's is that Trump's cognitive decline is causing him to make multiple decisions that are all reducing his chances of being elected. A smart GOP would ditch him. But he's taken it over with his daughter in law having replaced Ronna McDaniel. Amazing!
Keep working everyone! The wind's at our backs.
I deeply resent Trump’s characterization of Jewish people who vote for Democrats as disloyal or as haters of Israel. Trump is clueless about the politics regarding and within Israel and the difficulties in dealing with Netanyahu. More troubling is how his acolytes respond favorably to his blathering in hopes of swaying voters. He’s just plain wrong.
Trump may be on the ropes, but Robert alluded to a crucial must-win for the country. Democracy-loving Americans must deliver a unified government to President Biden (no easy task).
A democratic congress (house and senate) and stronger democratic representation in state and local governments.
Republicans have worked for and succeeded in stripping basic fundamental rights from many of our fellow citizens, and those rights must be restored.
The real measure of a successful election cycle will send Trump and ALL his enablers to the dustbin of history.
I’m just writing to say that I appreciate your referring to the ex-president as “ex”, rather than “former”. I understand that this is the correct way to refer to him and I wish that more commentators made use of this convention.
The federal government has been in charge of immigration policy for over a century. But the current Supreme Court wants everyone to know that past interpretations of the Constitution don’t mean much to them. They will make laws now, depending upon how they feel that day and what their wives think. What are ya gonna do about it?
The Fifth Circuit Court of Appeals, Supreme Court and Trump have another connection: Fifth Circuit's decision to restrict access to pornography, which led to PornHub stopped serving Texas.
Which Supreme Court Justice was accused of harassing others with pornography? Which former President is facing litigation from a porn star? How does Project 2025 define pornography?
Follow the MAGA HYPOCRISY: https://thedemlabs.org/2024/03/19/republicans-restrict-pornhub-follow-the-hypocrisy/
All this is so exhausting! Thanks for keeping us positive Robert.