Trump Legal Troubles

[TGHusker]

2 hours ago, teachercd said:

So my pain is on the side of my foot.  So I wonder if it is the same?

 

I don't know...but thanks for the advice!  The last 2 weeks have been so annoying

With my feet they cramp up during the night. I’ve put an arch support in my shoes and it seems to help 

[Moiraine]

3 hours ago, teachercd said:

So my pain is on the side of my foot.  So I wonder if it is the same?

 

I don't know...but thanks for the advice!  The last 2 weeks have been so annoying

 

 

I doubt it's the same for everyone, but I had it temporarily on a vacation last year and it felt the worst when I was standing still, and it was excruciating at times. If you stand a lot during the day and it's not really painful, it's probably something else. 

[teachercd]

6 hours ago, Moiraine said:

 

 

I doubt it's the same for everyone, but I had it temporarily on a vacation last year and it felt the worst when I was standing still, and it was excruciating at times. If you stand a lot during the day and it's not really painful, it's probably something else. 

I am sort of thinking it is something else too.

 

 

[BigRedBuster]

 

[teachercd]

Since I know everyone is interested...

 

I DID change to some new shoe inserts (I am now over 6 foot) and it did feel a little better.

[BigRedBuster]

 

 

[TGHusker]

16 hours ago, BigRedBuster said:

 

That deserves several of these 

[TGHusker]

Good review of Trump's legal fees and fines up to this point 

 

 

[TGHusker]

If you woke up each morning knowing you owed $87k more that day in interest payments it would be a very bad day.  Trump is having many of those bad days.

THE HIGH COST OF CHEAP LIVING:   Fraud is always a cheap way to live until it isn't. (cheat investors, vendors, stockholders, students, bankers etc)

 

 

https://www.nydailynews.com/2024/02/20/donald-trump-owes-87k-daily-interest-on-historic-fraud-penalties/

When most New Yorkers wake up, they might splurge by spending a few bucks on coffee and a bagel.

Every morning Donald Trump wakes up, he now owes another $87,500 in interest on the massive legal penalties he received last week.

The pain is set to continue until he pays off the entirety of the nearly half a billion dollars in fines and interest in his Manhattan civil fraud case.

The devastating judgment handed down by Manhattan Supreme Court Justice Arthur Engoron on Friday against the former president and his longtime Trump Organization executives will increase by 9% annually until resolved.

[TGHusker]

Speaking of Trump's financial problems, as I was above, here is more bad news for the orange man

There may be candidates for local dog catcher who raised more money than one of Trump's PACs did in January.

https://dnyuz.com/2024/02/21/donald-trumps-cash-crunch-just-got-much-much-worse/

 

Quote

 

As Donald Trump’s legal troubles consume more and more of his time, they’re also consuming more of his donors’ money—and there’s a huge hole in the bucket.

On Tuesday, Trump’s “Save America” leadership political action committee reported raising just $8,508 from donors in the entire month of January, while spending about $3.9 million, according to a new filing with the Federal Election Commission.

Nearly $3 million of that overall spending total was used for one purpose: to pay lawyers.

At the same time, the Trump campaign itself reported a net loss of more than $2.6 million for the month of January. It raised about $8.8 million while spending around $11.5 million, according to a separate filing made public on Tuesday.

The filings reveal that Trump is continuing to burn through his donors’ funds as he struggles to feed two massive cash drains—astronomical legal bills stemming from numerous civil cases and four criminal indictments, plus the costs of a national presidential campaign.

After the Trump filings were released on Tuesday evening, his sole primary challenger, Nikki Haley, flashed a sign of strength, with her campaign reporting $11.5 million in receipts last month. It is the first-ever fundraising period where Haley’s campaign outraised Trump.

Despite reporting almost no donations in January, the Save America PAC—a group Trump launched days after the 2020 election, ostensibly to fund legal challenges—actually increased its bottom line by more than $1 million, ending the month with nearly $6.3 million on hand.

However, that increase can’t be chalked up to new donations. It’s entirely due to a $5 million transfer from a different pro-Trump super PAC, which is still in the process of refunding $60 million that the former president demanded back last year, as his legal bills threatened to put Save America, his legal slush fund, into bankruptcy.

The super PAC has been kicking that refund back in $5 million installments beginning late last spring, but that emergency bailout won’t last, either—the full refund is set to be completed by June.

There’s another metric for the depth of Trump’s financial strain: Save America itself had to bail out yet another one of Trump’s PACs, transferring $500,000 to his old campaign committee in the middle of January. That group, called “Make America Great Again PAC,” started the year with only about $570,000 in the bank, so the mid-month injection from the sputtering Save America suggests that MAGA PAC might very well be in danger of bottoming out too.

A Trump spokesperson didn’t immediately respond to a comment request.

As he heads into his third consecutive presidential campaign, it’s safe to say Trump’s cash apparatus is complicated.

At this point, the Save America PAC exists almost exclusively to cover the former president’s legal bills, but Trump also has to fund his political campaign. He does that by raising the bulk of his money through a joint fundraising committee, which automatically splits the proceeds—90 percent goes to the campaign, with Save America cleaning up the other 10 percent, according to the terms of online solicitations.

Last month, however, the joint fundraising committee didn’t send any money to Save America, the latest filings show, though it did transfer about $8.5 million to the Trump campaign. This suggests Save America might still have as much as $850,000 headed its way from January fundraising efforts—a drop in the bucket, considering the ferocious burn rate of those legal costs.

Trump’s cash crunch is hitting at a terrible time. Recent weeks have seen two massive legal judgments against the former president. First came the $83.3 million sum for the writer E. Jean Carroll, whom he was found liable for sexually abusing and defaming; that was followed weeks later with a whopping $355 million fine for years of business fraud in New York.

Along with interest and other costs, those two rulings alone could set Trump back as much as $600 million.

While Trump is a billionaire, his choice to pass his legal costs on to his donors is threatening to derail the GOP’s national fundraising efforts. Trump is now attempting a takeover of the Republican National Committee, planting MAGA loyalists and even his own daughter-in-law at the top echelons of party leadership.

The Daily Beast previously reported that this self-interested maneuvering could severely constrain the RNC as the national party struggles to unify behind its beleaguered standard-bearer during a monumental election cycle.

But Trump can’t raise money with the party until he officially secures the nomination, which could happen as soon as March. And a breakdown of the Trump campaign’s spending last month shows that the primary contest is taking its toll, even as that competition winnowed to just Haley.

The campaign’s biggest January line item was the nearly $4.7 million spent for placed media, which accounts for TV ad spending. Another roughly $820,000 went out the door for audio visual support at events, $602,000 for video production, nearly $550,000 in travel-related expenses, and more than $450,000 for polling services.

The campaign also shelled out about $15,000 for teleprompter services, a sharp increase over recent months, as Trump held rallies to bolster support as primary voting got underway. Outside of those direct political costs, however, the campaign’s biggest expense was the $830,000 it also dropped on lawyers.

 

 

[teachercd]

33 minutes ago, TGHusker said:

If you woke up each morning knowing you owed $87k more that day in interest payments it would be a very bad day.  Trump is having many of those bad days.

THE HIGH COST OF CHEAP LIVING:   Fraud is always a cheap way to live until it isn't. (cheat investors, vendors, stockholders, students, bankers etc)

 

 

https://www.nydailynews.com/2024/02/20/donald-trump-owes-87k-daily-interest-on-historic-fraud-penalties/

When most New Yorkers wake up, they might splurge by spending a few bucks on coffee and a bagel.

Every morning Donald Trump wakes up, he now owes another $87,500 in interest on the massive legal penalties he received last week.

The pain is set to continue until he pays off the entirety of the nearly half a billion dollars in fines and interest in his Manhattan civil fraud case.

The devastating judgment handed down by Manhattan Supreme Court Justice Arthur Engoron on Friday against the former president and his longtime Trump Organization executives will increase by 9% annually until resolved.

That is crazy!

 

I get freaked out when I have a balance on my credit card and I see the interest kick in.

[TGHusker]

6 minutes ago, teachercd said:

That is crazy!

 

I get freaked out when I have a balance on my credit card and I see the interest kick in.

You got to know that he is living out one of those nightmares - you know the one where you are running with the football towards the goal line at 1 mph while the would be tacklers are coming your way at 99 mph.    His goal line is to get back into the WH and stop all of these legal issues in their tracks before he gets tackled just short of the goal.  Well, I think he will get tackled and there won't be a referee to throw a flag that would give him the TD. Biden won't and Haley would be stupid to give him a 'get out of jail free' card. Anyone who would pardon Trump (Biden, Haley, other Dem, other GOPer) are only opening the door for more trouble from Trump himself and also from future actors who would want to follow the trump game plan. 

[JJ Husker]

On 2/19/2024 at 5:46 PM, teachercd said:

Since I know everyone is interested...

 

I DID change to some new shoe inserts (I am now over 6 foot) and it did feel a little better.

Given prior established facts, this means you are now slightly over 5’-10”. 

[teachercd]

37 minutes ago, JJ Husker said:

Given prior established facts, this means you are now slightly over 5’-10”. 

Hahahaha!

[TGHusker]

1 hour ago, teachercd said:

That is crazy!

 

I get freaked out when I have a balance on my credit card and I see the interest kick in.

And NYAG will start to seize TRump assets if he doesn't pay up. 

 

CHICKEN MEET ROOST

 

https://abcnews.go.com/US/letitia-james-shes-prepared-seize-trumps-assets-pay/story?id=107381482

Four days after a judge ordered former President Donald Trump to pay $354 million in his civil fraud case, New York Attorney General Letitia James told ABC News that she is prepared to seize the former president's assets if he is unable to find the cash to cover the fine.

"If he does not have funds to pay off the judgment, then we will seek judgment enforcement mechanisms in court, and we will ask the judge to seize his assets," James said in an interview with ABC News' Aaron Katersky.

Trump was fined $354.8 million plus approximately $100 million in pre-judgment interest on Friday after Judge Arthur Engoron determined that he inflated his net worth in order get more favorable loan terms.