- cross-posted to:
- brainworms@lemm.ee
- cross-posted to:
- brainworms@lemm.ee
Rep.Ā Alexandria Ocasio-CortezĀ (D-NY.) warned Sunday there is a āriskā to not seizing former President Trumpās assets as he faces a looming deadline to post a bond in the $454 million judgment in his New York fraud case.
āI think that what we are dealing with politically is the much larger and much more grave and serious pressure of having this judgment againstĀ Donald TrumpĀ and him being in this degree of debt and the financial pressures that he is under and what he is subject to do in order to obtain those assets,ā Ocasio-Cortez said on CNNās āState of the Union.ā
āI actually think that there is risk in not seizing these assets and the open window that exists in him trying to secure these funds through other means,ā she said. āWeāve seen a lot of interesting transactions happening with Truth Social and other means. And thereās a very real risk of political corruption.ā
The deadline for Trump to pay the staggering bond amount is Monday in the New York fraud case. If he fails to post a bond, he faces a risk of his assets being seized by New York Attorney GeneralĀ Letitia JamesĀ ā who he has continuedĀ to rail againstĀ in recent days.
whyā¦why they talking about it like itās an option not to?
Sheās saying that not seizing his property,and letting him acquire the funds through alternative means to pay, puts him at risk of being bought. That makes him more of a security risk to the country just so he can keep his assets.
again, why is this being talked about like an option? Heās been ruled to pay, he hasnāt paid by the deadline, by law assets must be seized to cover it.
Because the bond is not for his property, it is for 464m in cash. They are saying how he gets the money will dictate if heās in someoneās pocket.
His property is part of his value. Courts seize property all the time.
He can get a loan for the bond. Legally. He could get a loan āfrom a friendā, legally, but then he might be in debt with that potential bad actor. If he pays with a loan then they canāt go after his property because he paid in full. Thatās just how it works.
Thatāa not what he did though is it?
Currently, he hasnāt done anything but he was trying to get a loan. This article is talking about how they should take his assets instead of letting him get a loan, because if he owes someone else half a billion dollars, heāll be in their pocket to do as they ask.
Ah yeah definitely