Posted on 02/21/2024 5:22:46 PM PST by rlmorel
Edited on 02/21/2024 8:23:03 PM PST by Sidebar Moderator. [history]
This article appeared on American Thinker about Trump's legal penalties, in discussing how Trump might plot his course though the mine-ridden legal waters that is being laid by that gang of Leftist Lilliputians trying to tie him down, the author had this to say:
I would consider tokenizing some of my assets to allow the public to participate and, potentially, profit. (This is different from crowdsourcing.)
Mar-a-Lago, just one of 45’s properties, is estimated to be worth between $4.375 billion and $17.5 billion...
That said, people who have read my posts will accurately surmise that I think a Centralized Digital Currency is the very face of Evil in this world, especially when that world populated by the kind of evil the Bible tells us about, and the types of people the Founders tried to protect us from.
In the hands of those types of people, the kind that the Founders specifically tried to eradicate from the government they were creating, I fully expect that given a chisel, instead of being used by them to create a wooden sculpture of something beautiful and good, they would use that tool to gouge the eyeball out of the living scull of another human being who was tied to a chair.
Omnipresent surveillance of citizens in the hands of people like that is bad enough, but if that were coupled with total control over any form of exchange, even simple barter, the evil that those people could wreak on mankind is fearful to consider. The East German Stazi with the technology of today, and an unlimited budget to apply it to the concepts of their tyranny.
All this is to explain my wariness for Digital Currencies, but I know enough to consider the differences between a CDB currency and an Electronic Currency, and expect that some digital exchange of wealth could take place between parties that has big advantages.
In that context, I hope there are conservatives out there who DO know about this, and could chime in on this thread to help us better understand this technology and structure.
Using this suggestion by the author as a discussion point. I think this would be both interesting, informative, and beneficial.
Trump, should borrow against Mar a Lago for about $300-$400 million just to prove the value and give them the finger.
Trump also owns 30% in a building that doesn’t have his name on it. His shareis worth about $500m and he can easily sell it back to the other owner if he needs to.
Who is the financial partner?
Like one time on Dallas where Cliff Barnes got more and more into debt against his silent partner and then J.R. Ewing shockingly revealed he was the silent partner and called in the money. Barnes collapsed and went to the ER by ambulance.
So Soros will tell Trump “I won’t make a deal, partner.”
Trump is a billionaire. He will figure it out.
He always does.
How many truckloads of pennies would it take to bring it in cash?
He needs to start a GoFundMe program. It would be fun to see how many ppl would respond.
Somebody already did. I seem to remember that it had $50k pledged in the first half hour.
As I said, I don’t know much about these things...not my domain. But are these the kinds of transactions that are routinely done these days? I have no idea if this was a hare-brained scheme, or just one that might be used, but not in this situation. Can you or anyone comment on these aspects?
I would donate to such a fund if none of it went to WinRed through which the RNC gets a cut. I refuse to support those snakes.
The truckers would break their NYC boycott to dump them at the courthouse.
I would gladly give him money if he needed it. The problem I see is that it is nearly impossible to know exactly whether the funding effort is really one from Trump OR from some scammer - they always pop up and rake off as much as they can before you can say boo!
It’s like you get something in the mail with Trump’s picture and some words on it and you look at the fine print and it’s a beg letter from the damned RNC..... nope.
I feel the same way.
It was just something that struck me about the mechanics of the way this worked...this person talks as if people are doing this all the time these days, though perhaps not a half a billion dollar levels.
I was hoping someone who knows about this could explain it in layman’s terms.
But the Fiddler on the Roof wasnt a rich man...
I think i would have tried to create a poison pill on the properties and businesses. Take on debt. Let the State try to unravel the ownership with the debt holders. That is the bigger problem than the actual fine. He is being forced to liquidate his businesses in the state. The fine seems miniscule in comparison. Unless i am reading the court order incorrectly. or there really is no court order at all. And maybe they can’t really enforce the action or the fine.
Eh...I really don’t have the head for this, that is for sure.
Trump could get a loan for his properties in NYC and in Florida. The case the democrats brought against him is an automatic fail.
Rantingly.com
If Trump receives a $500 Million home equity loan on Mar-a-Lago to pay his fine does that mean he automatically wins his appeal?
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