Some you win. Some you lose. And some just get rained out.
It’s only funny until someone gets hurt. Then it’s hysterical!
This is what happens when you give barely functional imbeciles law licenses. They go to work for Traitor tot, court and present motions that bring more disgrace to the legal profession than politicians already d And the results are totally predictable.
Yesterday NY judge Engoron was presented with an 1100 page motion that was presented to the New York Appellate circuit judge to stay Judge Engoron’s order that Traitor Tot provide a mini9mum $455 m illion surety bond by March 26th in order to appeal the ruling. And both the motion, as well as the legal logic is pure Trumpian stupidity.
For starters, some 800 of the 1100 pages of the motion were the legal equivalent of simply copying down the Akron phone book. It was just a few pages short of coying down the transcript of the trial. If you can’t wow them with logic, then baffle them with bullsh*t.Â
The actual legal arguments were the equivalent of the dogs breakfast. For starters, in incredibly oblique language, Trump’s ambulance chasers come right out and admit that they can’t come up with a half a billion dollars by March 26th! Their whack-a-mole contention, which they admit has no legal precedent, Trump shouldn’t have to pony up the surety bond, simply because he can raise $100 million, and more than 20% of the rest is already tied up in New York court control.
Two things. It’s not like Judge Engeron’s decision was some personal act. In fact it is New York state law that a defendant put up 120% of the judgement in order to appeal. Judge Engoron can’t just sit there and put a stay on his decision. Or maybe he can, but it won’t stop El Pendejo Presidente from having to cough over the half a billion if he wants to appeal. That’s the law.
Second. there’s a good reason why Trump has some 20% of the amount tied up ion the New York court. It’s because Judge Engoron found a summary judgement for the plaintiffs that Trump was running a real estate Ponzi scheme. Those assets are tied up in what is called receivership. The court has an independent monitor overseeing those assets in New York for possible sale in order to pay back creditors. There is no way they’re going to allow Trump to post assets that are already lost to him.
However the New York appellate court did throw Trump a couple of cookies. If you want to call what comes out of a 4 year old’s EZ-Bake oven a cookie. Me, I’m more likely to call it a lump, and I raised four daughters with an EZ-Bake oven.
First, the appellate court put a stay on Judge Engoron’s ruling barring the Trump family from control of the organization. Not Traitor Tot. He can’t even walk in the door. But the court did allow Dipsh*t Donnie Redux and Secret Squirrel Eric to continue to run the organization during appeal, under the continued supervision of the independent monitor as well as the corporate compliance officer. This is like giving a pair of 6 year old’s school desks in the Principal’s office.
Second, the appellate court put a stay on Judge Engeron’s ruling prohibiting Trump from seeking fundings or loans from any financial entity licensed in New York state. This is like the court giving a guy who has permanently lost his drivers license due to DUI infractions permission to shop for a car. No dealer will even talk to him, and if they did, no insurance company would give him a policy.
The most important thing to remember here is that anything that Trump does or files for will automatically become a matter of public record through the New York court system. The problem for Trump is that the Trump Organization has already been found both criminally as well as civilly liable of fraud. Who other than the 4th National Bank of Azerbaijan would even want to give him a souvenir pen?
Which leaves private equity companies and foreign governments. If you’re a private equity firm, knowing that Trump has already admitted that he can’t raise $500 million, where’s your collateral coming from? And if you’re a foreign government like Saudi Arabia, looking forward to dealing with a 2nd term Trump presidency, how confident are you with your half a billion backing an ass clown that can’t even top a 65% share of his own party’s vote in the primaries?
We’ll know soon enough. Because while the NY appellate court put a stay on those two sections of Judge Engoron’s ruling they did not put a stay in place to prevent Trump from having to pony up by March 26th. If he doesn’t, then he’s toast, and the salmon run on Trump properties is on. And if he does, then we’ll all know how he did it. Tick-Tock.
I thank you for the privilege of your time.
