Man, the coffers to the RNC better swing open and we are talking fast. The financial Trumptanic is taking on water like there is no tomorrow. And there may be no tomorrow. Donald Trump is on the hook for judgments, plus pre and post judgment interest, the likes of which could choke Moby Dick. You know from earlier today, two things: 1. Judge Kaplan refuses to give Trump an extension of time in which to pay his judgment to E. Jean Carroll and 2. Trump has to pay legal fees to Christopher Steele. Those are not small things. But combined with his judgment in New York, the financial picture is like a balloon getting ready to explode at any time. From Mary Trump’s newsletter:
Donald has only 18 days to come up with the $464 million penalty from the New York fraud case – and he has already signaled he can’t afford it
Exactly what kind of financial crunch is Donald facing?Â
Not only does he have fewer than three weeks to put up every single penny he owes in his New York business fraud case, but Attorney General Letitia James has signaled her willingness to seize his assets in order to satisfy the judgment.Â
Here’s a list of the interest he owes, in addition to the $355 million penalty:
Pre-judgment interest: Donald owes an additional $100 million in pre-judgment interest, starting back to the date of each transaction that was found to have been fraudulent.
Post-judgment interest: Donald also owes a 2% post-judgment interest rate on the entire fine. This interest began to accrue on February 23, 2024, the date the ruling was issued.Â
This means Donald is accruing approximately $87,502 in interest every single day until he coughs up the full total – a staggering $2.6 million in interest every month until he settles the fine.Â
With over half a billion dollars owed by the end of the month, it isn’t a stretch to see how Donald could find himself being forced to sell off his real-estate at fire-sale prices sooner rather than later.
This is unbelievable. Now, what is happening, as we speak, is a two-day meeting of the Republican National Committee is underway. Ronna McDaniel will step down, as you know. Then the 168 member governing committee will vote on her successor and co-chair. They can vote in Michael Whatley, the election denier from North Carolina and Lara Trump, or they can vote in somebody else.
They also will vote, significantly, on resolutions now before them which have a direct bearing on Trump’s financial future, namely whether the RNC should foot his legal bills. It is conceivable that they will vote no. Then Trump is SOL. It is also conceivable that they won’t vote in Whatley and Lara Trump. Same result.
Or, they may open the coffers wide and let Trump loot every single penny that the Republican party is able to gather this election season and to hell with the down ballot. I don’t see it going that way. But anything can happen.
Let’s see what happens. Tomorrow could be the blackest Friday of Trump’s life.
Shouldn’t be a problem for a self claimed multi-billionaire who also claimed in disposition a few weeks ago that he had $400 million in cash at hand.
……..unless he has lied all along……..you know how small dicked men have a way of exaggerating numbers…..
…..rite???
Unless the rnc takes a bit of a longer view than, say, the next week or two, they will have to realize what will happen to the down ballot races in November. There are also more primaries, congressional, where the ‘pube side had candidates of the magat variety. That might not sit well with the rnc. If it doesn’t, they have no choice but to tell donnie to go take a flying f*ck.
The ‘pubes might not be capable of taking the longer view-they sure as sh*t did not figure on the s.c. actually taking away a woman’s bodily autonomy which I find absolutely asinine. F.F.S. the court already had two justices ready to tell women “if you f*ck, we are going to f*ck you when you get knocked up” and Roberts wasn’t on the fence on the issue. Add to those fools the three staunch as hell anti-woman pieces of sh*t drooling at the chance to run with this. The dobbs decision was inevitable. Now of course you hear many of the ‘pubes bemoaning the fact the s.c. did what everyone with at least the sense of a slug knew they would do.
This lack of anything even approaching foresight bodes ill for the ‘pubes. On the other hand, the democrats could not receive a better gift.
Maga is donating directly to Trump.
Other conservatives who would normally donate to the RNC to support ALL the GOP candidates should NOT donate when that money will ALSO go to DJT.
It may be the end. The only Republicon solution is to donate directly to the candidates themselves, cutting the RNC completely out of the picture.
For every $350 donated, we promise that you MIGHT get a pair of gold colored sneakers, at some point in the future, but don’t hold your breathe ’cause we still need more of your money.
They may surrender to Trump because if he wins, they are dead meat. And perhaps actually dead meat if armed cult decides to take them.out. Some of those MAGATs are ex-military,,and a handful of ex-snipers can take out a few laggards resisting the call to Trumperthinskin and terrify the rest into submission or retirement