Posted on 03/26/2024 5:27:33 AM PDT by SeekAndFind
I suppose we're supposed to be happy that a New York appeals court reduced the amount of bond President Trump must post, just for the 'privilege' of appealing New York's outrageous, excessive, utterly vindictive, $454 million fine over a victimless crime from the state's little kangaroo court.
According to Fox News:
An appeals court slashed former President Trump's bond payment on Monday, saying Trump must pay $175 million within the next 10 days.
Trump had previously faced a Monday deadline to pay a $454 million bond payment that came as a result of civil fraud allegations from New York Attorney General Letitia James.
A New York Appeals Court, hours before the deadline to post the $454 million, lowered that bond considerably. The court ordered that Trump post $175 million within 10 days.
Trump said he will "abide" by the appeals decision and post the $175 million bond.
If Trump does post the $175 million by the new deadline, it would effectively block James from attempts to seize Trump's assets as he continues to appeal the judgment by New York Judge Arthur Engoron.
Supposedly, Trump overvalued his assets to get loans, which isn't a 'crime' anyone else prosecutes, because there weren't any victims. Both borrower and lender were happy with their deal, and Trump paid back the loans in full and on time. Now the banks are angling to do more business with him.
But none of that mattered in that crummy, politicized courtroom, where the leering, giggling, judge, Arthur Engoron, and his rabid fanatic prosecutor, Leticia James, both known Trump-haters, dropped every rule of decency and judicial restraint. They dished out a draconian and ruinous fine from numbers they pulled out of the air, just because they could.
(Excerpt) Read more at americanthinker.com ...
GREAT perspective.
Judge Egor belongs in jail.
The legal system is not about justice or fairness. It’s a revenue source.
Totalitarian goons, like James and Engoron, the Moron, will not tolerate equitable treatment of defendants under any circumstance. Thugs and goons do what thugs and goons do.
“Bernie Madoff, who defrauded many people of their life savings and left a string of victims, was fined a mere $10 million”
Hey, inflation man!
“...victimless crime...”
No crime is victimless, otherwise it wouldn’t be a crime. By getting caught over estimating the worth of property to secure loans, he opened himself up for a rediculous fine handed just for him. So whether it is an appearance of criminality by the perpetrator, or the procecution becomes a perpetrator, as in this case, someone was the victim. Or, they both were to each other. Neither was right in what they did. But you won’t read that in the newspaper or hear it on MSNBC.
wy69
10 million for Matoff and 175 million for Trump? Apparently the legal system is more than a “revenue source”. It’s a method of political enforcement.
Bernie Madoff was fined a mere $10 million. He was charged and went to jail for securities fraud, investment adviser fraud, mail fraud, wire fraud, three counts of money laundering, uttering false statements, perjury, false filings with the SEC, and theft from an employee benefit plan.
<><>he defrauded many people of their life savings
<><>he left countless victims,
<><>he and his wife lived a lavish lifestyle on stolen money
<><>he falsified investment statements for years
<><>he laundered money so big investors could cheat the IRS
<><>he fooled the SEC time after time
<><>he inveigled family members into advancing the scheme.
By getting caught over estimating the worth of property to secure loans, he opened himself up for a rediculous fine handed just for him.
—
Wow! You must have drank all the Kool Aid in your state to believe that.
First, Trumps was an estimate but the loan was not based on that estimate, the loan was based on the bank’s own evaluation of the property, so you don’t know what you are talking about.
Second, the loan was paid back. The banks would have been any “victim” in the case so were is the crime.
Third, every real estate transaction the owner will estimate high and the bank will estimate low, this is normal, so where is the crime?
Zero bonds are reserved for MURDERERS...
When all of this is over, Trump needs to sue ALL of the parties for damages. Triple damages are in order.
If the original Trump fine had been 10 million the judge would probably have reduced it to five million. I don’t remember what it’s called, but in bargaining you create an expectation with the first offer. If the other side gets down to half of it, he views it as a win. Whatever the item is actually worth isn’t relevant.
Also, the judge wants to reduce the fine, but not piss off half the electorate who wants it even higher. (Let’s face it, they want Trump dead.) Given all the various perspectives in play, this is probably as good as Trump was ever going to get.
Measure for measure.
BUT... banks have their own way of evaluating "risks" no matter what numbers the borrower submits...that's what it's all about...
Every loan was repaid with interest.
100% spot on
exactly, what that judge did is no different than what the cops that kill or torture suspect do! They use their position as an “excuse” to torture or kill someone they don’t like and expect to be exempt from prosecution because of it.
All the judges and DA’s involved in this affair need to be brought up on civil rights charges and then sued for the amounts they tried to get from Trump!
Every single person who owns real estate over values their home!
Anytime you ask more than what the county tax appraiser values it you are committing a crime by this standard.
I’m just going to assume you don’t know very much about what’s going on with this case.
You are asking this person to defend an undefendable position.
Expect some type of gobbledygook in return.
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