It bugs me that so many of these kinds of headlines are from Newsweek, a publication that used to be respected but was bought by David Jang’s company in 2013; Jang is a Korean Christian evangelical leader with a mess of Christian organizations. The quality of Newsweek plummeted, but now we regularly get these “Trump is about to get what’s coming to him” kind of headlines that everyone gloms onto.
You know when we'll know Trump is closer to ANOTHER bankruptcy (Trump companies have declared bankruptcy 6 times already), it's all word games, his voters won't care, and it won't effect his ownership of Mar A Lago or his namesake NY properties, defaulting on a loan might, but not another bankruptcy.
Trump's lawyers wrote in a submission to Singh that "the exorbitant and punitive amount of the Judgment coupled with an unlawful and unconstitutional blanket prohibition on lending transactions would make it impossible to secure and post a complete bond."
Whether or not Trump can easily post an appeal bond is not a concern of the court.
"In the absence of a stay on the terms herein outlined, properties would likely need to be sold to raise capital under exigent circumstances, and there would be no way to recover any property sold following a successful appeal and no means to recover the resulting financial losses from the Attorney General," Trump's legal team added.
Again, the difficulties that Trump experiences in posting an appeal bond is not a concern of the court.
Appealing the judgment is Trump's choice; he is not obliged to appeal. Posting a sufficient bond is a condition of appeal.
Plus, they stayed the restriction on not getting loans from New York companies until after the deadline. Our country is going to die because this grifter always get the benefit of any possible doubt.
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