FRED HAS A MESSAGE FOR HIS KID

The Trump crime crew tries to look like their hero, John Gotti

From the great Rick Wilson and the Lincoln Project. They’ve read Trump’s mind and given him exactly what he’s hearing in his head tonight. Daddy telling him, once again, what an utter and complete fuckup he is.

Fred lectures Donny

So Donny got his with $355 million “plus interest.”

“Plus interest” in New York Courts is 9 percent per year. Ouch!

According to MSNBC legal analyst Lisa Rubin’s “corporate lawyer husband”, that includes - right off the start - interest on sales of properties by the Trump Organization going back to 2019, which he estimates totals around another $80 million.

That brings it up to around $440 million.

Trump and his lawyers have said that “of course we’ll appeal.” They’re talking about fighting this for the next several years.

To make that appeal, New York law says they have to post a bond paying 9%, that is 120% of the total judgemnt.

That brings it to another $88 million, aproximately.

$528 million he has to post to appeal the decision.

Then there’s the E.Jean Carroll verdict. $83 million. He’s going to appeal that, too, Fight for years.

That’s about $100 million, give or take a few mil. And that bond’s got to provide 9% interest too.

We’re up to $628 million, folks.

By his own testimony in the case, he has “approximately $400 million cash on hand.”

That means a guy just convicted of massive bank fraud has to go to a bond company and get them to front him $628 million. Or the guy just convicted of massive bank fraud has to go to the people he defrauded and ask for a loan in that amount.

I suspect the answer in either case would be “FUCK! OFF!!!”

Which leaves him having to sell off property. And with buyers knowing why he has to do so, which makes that “distressed property,” with a lower sale value.

And the interest on either the bond, or the bank loan, or the sales gets added to the total.

Call me an optimist, but I don’t think he can pull it off. There won’t be any appeals.

And he’ll still have to pay off the $628 million.

At a time when he’s so broke from his legal bills he had to install his bimbo daughter in law in the RNC to cover the “bust out” he wants to do there, to bring himself more cash for lawyers fees for the federal trials.

But wait! There is a ray of light that has just been turned on by the SEC.

CNN reported today:

“US regulators have finally given the green light to a controversial merger between Truth Social owner Trump Media & Technology Group and a blank-check company. The blessing from the Securities and Exchange Commission removes the last major obstacle holding back the deal.

“The merger, if approved by shareholders, would pave the way for Trump Media to become a publicly-traded company — one where Trump will own a dominant stake that could be worth billions.

“Digital World Acquisition Corp., the blank-check firm, announced that on Wednesday the SEC signed off on the merger proxy for the deal. A date for a shareholder vote will be set by Friday.

“It does look like this deal is going to reach the finish line now — after more than two years of delays,” said Jay Ritter, a finance professor at the University of Florida.

Shares of Digital World, a special purpose acquisition company, or SPAC, spiked 15% on the major milestone. The stock has nearly tripled this year, fueled by Trump’s political success in the Republican presidential primary, and now the merger progress.

Ritter estimates the merger could pave the way for about $270 million of cash coming into Trump Media, funds the company could fuel Truth Social’s growth.

Trump is set to hold a dominant position in the newly-combined company, owning roughly 79 million shares, according to new SEC filings. The former president’s stake would be valued at $4 billion based on Digital World’s current trading price of about $50.

And there it is: the collateral for the loans to make the appeals.

I wonder how many other observers have picked up on the Truth Social news??

The only way Donald Trump is ever going to be finally counted out for good is when he is Six Feet Under.

May it happen soon. Preferably mid-rant at his next hatealong, right in front of the drooling Inadequates. He hits the floor behind the podium face first. Stone cold.

It could’t happen to a more deserving piece of shit.

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