Law, Power, and Justice

Afternoon News Notes

I went to Walmart for the first time since COVID.  I must be insane.

TRUMP: MSNBC

• Seems Trump is having trouble finding somebody to lend him money to pay his bond in the civil fraud case.  (Note: The poor baby.)  Letitia James says she’s seeking judgement to enforcement to seek his assets.  (Note: I can’t wait.)
• Andrew Weissmann:  The money must be there in case you lose the appeals.  It’s normal process.  The plaintiff won.  Any and all unincumbered assets are subject to being sought.  $464 million dollars are involved.
• Letitia James:  Fraud cases are not victimless crimes.  (Note: Yes.)
• Weissmann: This is the profit Trump obtained through fraud.  Trump has been saying he’s worth billions.  He’s been misrepresenting himself somewhere.  Where is all the money?  So how was he able to obtain a $95 million bond in the EG Carroll case?
• Trump: Holding him accountable is “communism” and “Navalnyism.”
• Suzanne Craig:  The companies Trump’s going to want cash.  They do not want real estate.  “He does not have that much cash on hand.” 
• Claire McCaskill:  “Hello, welcome to the rule of law.”  “This is a whole new thing to him.”  “This is normal.” 
• Craig: There’s a monitor over the company.  This may be a signal to a company that will want to make the bond.  Chubb declined because he hasn’t got the cash.  He’s going to have to sell an asset.  They are hoping for the courts to give them some relief.
• (Note: The question people ought to be asking is why this has taken so long.  Trump has been a scam artist and fraudster his whole life.)
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• Michael Cohen was a central part in the New York fraud case.
• Cohen: They don’t want to sell real estate.  There’s a tax consequence.  40% taxable rate and mortgages attached.  “What is the money is coming from Saudi Arabia…Russia?”  Trump is the “single most dangerous thing in America to our national security.”  “He doesn’t care where the money comes from.” 
• (Note: It means that Trump is once again, up for sale.)