this post was submitted on 12 Apr 2024
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politics

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[–] [email protected] 71 points 5 months ago (8 children)

Trump doesn't pay his bills.

they should have just started seizing properties already.

[–] [email protected] 37 points 5 months ago (5 children)

Why haven’t they? Didn’t they give him a 10-day extension? It’s been more than that, and he doesn’t have a proper bond. What’s holding everything up now?

[–] [email protected] 29 points 5 months ago (1 children)

The privilege of being perceived as rich.

[–] [email protected] 11 points 5 months ago (1 children)

How can he be perceived as rich but can’t put the money up for the appeal? It can’t be both.

[–] [email protected] 11 points 5 months ago

Perception is not based on reality.

In any case he technically owns millions/billions in assets, but it’s very likely that he’s lived by taking out loans on capital gains, and that every tangible asset he has is already leveraged as collateral for that.

Which means none of his properties are actually able to serve as collateral in a bond agreement (where whatever company puts up the cash and deals with the hassle of selling and maybe not getting enough to cover it. So they usually take more in collateral.)

[–] [email protected] 7 points 5 months ago

i wish I could give 450 million up-votes to your comment

[–] [email protected] 5 points 5 months ago

Don’t you remember? Nothing ever happens. It’s only ever going to happen

[–] [email protected] 5 points 5 months ago

I am repeatedly pressing the upvote button. Common, take his property already! Time for the fire sale!

[–] [email protected] 1 points 5 months ago

I hope they start during his trial on Monday!

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