Posted on 02/20/2024 5:15:01 PM PST by Red Badger
Tyrannical leftist New York Attorney General Letitia James has revealed she is prepared to seize (steal) President Trump’s assets if he cannot pay the outrageous court fine as ordered by compromised Judge Arthur Engoron.
“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 told ABC News.
As the Gateway Pundit reported, Engoron fined Trump $355 million and banned him from doing business in New York City for the next three years. Engoron claimed Trump “participated in aiding and abetting the conspiracy to commit insurance fraud by their individual acts in falsifying business records and valuations, causing materially fraudulent SFCs to be intentionally submitted to insurance companies.”
This is nothing but garbage, however. As Jim Hoft notes, the banks did their due diligence before they loaned Trump the money and testified they would gladly do it again.
Critical Medications Every American Can Have On Hand (Including Ivermectin) – And How To Get Them Prescribed
Trump is vowing to appeal the charges and has accused Engoron of conspiring with James.
James went on to tell the network that she is “very confident” with the strength of her case on appeal and she would willingly seize at least one of Trump’s buildings, specifically listing Trump’s 40 Wall Street skyscraper.
“We are prepared to make sure that the judgment is paid to New Yorkers, and yes, I will get 40 Wall Street each and every day,” James boasted.
The attorney general also slammed Trump’s credible claim businesses would flee the Big Apple after Engoron’s ruling. As Gateway Pundit readers know, private equity managers are already researching new business opportunities and truckers have launched a boycott.
“Last I checked, tourism is up. Wall Street is doing just fine,” James claimed.
James then ended the interview by making a silly feminist statement in response to the other witch-hunts Trump is fighting, including the E. Jean Carroll defamation case and the so-called “election interference” one in Georgia brought by corrupt Fulton County District Attorney Fani Willis.
“Someone once told me if you want something done, give it to a woman,” she crowed.
I cannot possibly boycott Ewwww Yuck ShittY. I have nothing to to do with it anyway.
Perhaps, I can avoid companies based there?
That’s a good start. I guess avoiding D’Agostino’s, if they’re still around, is in our purview.
https://truthsocial.com/@realDonaldTrump/111965244095532367
President Trump also posted the Eighth Amendment on his Truth Social earlier today.
They have drank the cup of the Utopian Kool-Aid that promised them a land fill with filthy milk and honey but the christians stand in their way. And the only way they will get their utopia is to incarcerate or kill every Christian in America. Because then they will have the liberty of running the United States as a mirror image of another sodom and Gomorrah country. Yes they’re coming for us and they are not coming to jail us. They’re coming to kill us! Laugh all you want but you know we are living in sad serious extremely dangerous times. Our government hates our guts. Just like the Nazis in Germany hated the Jews and eliminated 6 million of them they will do this to us too. History repeats itself…. but this time it’ll be the Christians they’ll be hunting down.
Trump is a great risk based on assets and cash flow. The fellow has over 500 very valuable properties.
I know people in the bonding business in red states who would not think twice about issuing him a bond based on leveraged hard assets.
Plus, I can guarantee you Trump is one step ahead of the morons who are pulling this crap on him.
Lastly, odds are he will be President, that’s tremendous leverage.
This article sums up any it’ll be reversed later.
Here are a few legal notes:
This case is brought under something called Executive Law Section 63(12). That statute gives authority to the Attorney General to enjoin someone who is engaging in “repeated fraudulent or illegal acts” or “persistent fraud or illegality.”
The judge notes — correctly — that the statute does not require three elements that are usually part of actionable fraud, namely intent, reliance, and damages. However, the judge skips over the problem that the statute does not do away with the element of “materiality.” Materiality is a critical element of a claim of fraud, and proof of it was completely missing here.
The State Comptroller at the time the statute was passed in 1956 was a guy name Arthur Levitt. Engoron quotes Levitt as saying at the time “Why not grant the Attorney General authority to enjoin anyone from continuing in a business activity if such person has been guilty of frequent fraudulent dealings?” Well, Mr. Levitt, now you know your answer. To remove the ancient common law requirements of intent and reliance from proof of fraud is to give a politicized Attorney General way too much power to attack political adversaries.
Several bankers from Trump’s lender, Deutschebank, testified that they did their own valuations of Trump’s properties instead of using the valuations provided by the borrower. That testimony completely undermines any finding of materiality.
The monetary relief is characterized as “disgorgement.” The idea is that Trump paid less interest than he would have paid if he had honestly valued the properties, and therefore he should have to give up that ill-gotten gain. But where does the “disgorgement” go? The answer is that Engoron orders the money to go to the “plaintiff,” or in other words, the AG’s office. (Does it even go to the state general fund? Good question.)
Government will keep pushing and pushing till Citizens have to react. It will be bloody and dangerous.
NY upstate is beautiful and normal people mostly.
NYC and it’s leaders, a decaying pile of doo-doo.
I don't think insuring a building for more then it's worth is an issue. You pay a higher premium. If there is a claim the insurance company will pay what they think is fair, not what you claim the building is worth. We all know that insurance companies do not over pay a claim!
If I was Trump, I would sue Palm Beach County for too high of a tax bill. Use the Judge's ruling as proof that Mar-A-Lago is over valued. Next sue NYC for property taxes too high! After all you have the Judge's valuation!
That reminds me, I really need to clean and oil my guns this weekend. Maybe some range time too…
Yes. The United States government is fascist, and the fascist party is in control of many states, such as New York. This is no mystery. Unless it is destroyed, every person living on this continent will come under the jack boot of the fascist party.
Seems Latitia is taking orders from Obozo just like Mayor Adams is. Obozo is running the Marxist Dems Party.
Welcome to Democracy
You received the appropriate message loud and clear. Resistance is futile. Signed the Borg
This will bite the NY state in the a$$. Business and the wealthy will flee in droves to Red States. NY will be facing bankruptcy in the near future.
not obozo the puppet boy, but orders straight from hell. These people’s minds are totally given over to satan. they aren’t taking orders from any person but from satan himself.
Be sure to send a check with the memo clearly stated: 2024 IRS exclusionary gift tax for Donald Trump.
I hope this boycott works. Unlike the ones against the NFL BLM kneeling and the places that shunned MyPillow and Ivanka Trump’s jewelry lines.
Gleichschaltung Is starting with PDJT
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.