45th President Of The United States, Donald Trump (Vol. 14)

[Byker28i]

And here comes trump with the Weisselberg defence, trying to blame someone else

"I was paying a lawyer and marked it down as a legal expense. Some accountant, I didn’t know, marked it down as a legal expense. That’s exactly what it was… So check it out. It’s called legal expense"
https://twitter.com/i/status/1780228478471750137

[Byker28i]

Oh and morning all

[Mortarboard]

He can get his lardy arse on the stand then, can't he?



M.

[dobbo_]

Bonefish Blues said:

She also made the point that, in terms, it's unhelpful to the credibility of the process when the DA(?) ran on a 'I'll get Trump' ticket.

Trump ran on a "lock her up" ticket - did he do it? (Hint, he couldn't). What's your point?

[Mortarboard]

Trumps team say the $175m bond is fine, just dandy, no need for a hearing:
https://www.cnn.com/2024/04/15/politics/trump-civi...

Seems to me to be little more than a "trust me, we/they are good fir it....."

Hearing on it is next week.

M.

[Bonefish Blues]

dobbo_ said:

Bonefish Blues said:

She also made the point that, in terms, it's unhelpful to the credibility of the process when the DA(?) ran on a 'I'll get Trump' ticket.

Trump ran on a "lock her up" ticket - did he do it? (Hint, he couldn't). What's your point?

The point is the point I made.

Or does Trump get to set the standards for the USA now?

[dobbo_]

If a DA is running on a ticket saying he will lock up criminals, I struggle to see the problem. Using that to undermine the credbility of the DA is mudslinging, that's all.

The facts of the case will speak for themselves.

[Bonefish Blues]

dobbo_ said:

If a DA is running on a ticket saying he will lock up criminals, I struggle to see the problem. Using that to undermine the credbility of the DA is mudslinging, that's all.

The facts of the case will speak for themselves.

Of course they will. But Trump was specifically mentioned as a target by the DA when he was running. That is unhelpful, especially when it provided fuel for Trump's bellicosity.

[LF5335]

Mortarboard said:

Trumps team say the $175m bond is fine, just dandy, no need for a hearing:
https://www.cnn.com/2024/04/15/politics/trump-civi...

Seems to me to be little more than a "trust me, we/they are good fir it....."

Hearing on it is next week.

M.

That’ll be another week’s delay then. Wasn’t everything going to seized some time in mid-March? Yet here we are in mid-April and there’s another delay. Why didn’t anyone mention these legal routes that are open to everyone when the first deadline was due? I was getting excited to see it all come crashing down.

[Mortarboard]

LF5335 said:

Mortarboard said:

Trumps team say the $175m bond is fine, just dandy, no need for a hearing:
https://www.cnn.com/2024/04/15/politics/trump-civi...

Seems to me to be little more than a "trust me, we/they are good fir it....."

Hearing on it is next week.

M.

That’ll be another week’s delay then. Wasn’t everything going to seized some time in mid-March? Yet here we are in mid-April and there’s another delay. Why didn’t anyone mention these legal routes that are open to everyone when the first deadline was due? I was getting excited to see it all come crashing down.

Takes time to legally process. It's not a "delay"- its administration.

Would you prefer him to get off on a technicality?

M.

[LF5335]

Mortarboard said:

Takes time to legally process. It's not a "delay"- its administration.

Would you prefer him to get off on a technicality?

M.

I don’t want him to get off on anything for any reason.

[InformationSuperHighway]

LF5335 said:

Mortarboard said:

Trumps team say the $175m bond is fine, just dandy, no need for a hearing:
https://www.cnn.com/2024/04/15/politics/trump-civi...

Seems to me to be little more than a "trust me, we/they are good fir it....."

Hearing on it is next week.

M.

That’ll be another week’s delay then. Wasn’t everything going to seized some time in mid-March? Yet here we are in mid-April and there’s another delay. Why didn’t anyone mention these legal routes that are open to everyone when the first deadline was due? I was getting excited to see it all come crashing down.

I know you get a bit of stick on here, but I can totally see where you are coming from. He is the very definition of Teflon.

I will withold any excitement until something sticks.

[Mortarboard]

If at the hearing he gets "another X days to provide details" the that would be a delay, certainly.

I mean, he's already provided two kosher bonds to date- he's got no excuse for not having his ducks in a row for this one.

I think he's not able to get a normal bond for the $175m.

M.

[Nigel_O]

Trump Media and Tech Group share price down another 14%+ today and it’s only 1:30-ish over there.

I wonder how many people are losing their life savings on this. I can’t imagine many institutional investors got on board, so I’m guessing it will be a lot of cultists betting their house on a losing horse…

[tangerine_sedge]

LF5335 said:

Mortarboard said:

Trumps team say the $175m bond is fine, just dandy, no need for a hearing:
https://www.cnn.com/2024/04/15/politics/trump-civi...

Seems to me to be little more than a "trust me, we/they are good fir it....."

Hearing on it is next week.

M.

That’ll be another week’s delay then. Wasn’t everything going to seized some time in mid-March? Yet here we are in mid-April and there’s another delay. Why didn’t anyone mention these legal routes that are open to everyone when the first deadline was due? I was getting excited to see it all come crashing down.

You sarcastic sausage

[pinchmeimdreamin]

Mortarboard said:

If at the hearing he gets "another X days to provide details" the that would be a delay, certainly.

I mean, he's already provided two kosher bonds to date- he's got no excuse for not having his ducks in a row for this one.

I think he's not able to get a normal bond for the $175m.

M.

I thought he had 10 days from the DA filing on the 4th, in which case a hearing on the 22nd is another delay

[Mortarboard]

pinchmeimdreamin said:

Mortarboard said:

If at the hearing he gets "another X days to provide details" the that would be a delay, certainly.

I mean, he's already provided two kosher bonds to date- he's got no excuse for not having his ducks in a row for this one.

I think he's not able to get a normal bond for the $175m.

M.

I thought he had 10 days from the DA filing on the 4th, in which case a hearing on the 22nd is another delay

10 days to provide information.
Then a determination hearing to make a decision on action to take.
One follows the other, but admin takes time.

Like missing a car or rent payment. You don't get hoofed out 2 minutes after you're past the last date. Ccj's, eviction notices, etc

M.

[Bill]

Nigel_O said:

Trump Media and Tech Group share price down another 14%+ today and it’s only 1:30-ish over there.

I wonder how many people are losing their life savings on this. I can’t imagine many institutional investors got on board, so I’m guessing it will be a lot of cultists betting their house on a losing horse…

The best bit is that Trump can't get any of it, and as a bonus his supporters will have less cash to support him.

[off_again]

Nigel_O said:

Trump Media and Tech Group share price down another 14%+ today and it’s only 1:30-ish over there.

I wonder how many people are losing their life savings on this. I can’t imagine many institutional investors got on board, so I’m guessing it will be a lot of cultists betting their house on a losing horse…

A number of reports have been published to illustrate that a number of people who have lost a lot of money with their DJT investments. A lot of people invested at the peak of the price, after it was being pushed by a number of media outlets. I am not suggesting that the likes of Fox News and others ramped the stock as they didnt, but there was sufficient information that allowed the unregulated right-wing media 'personalities' to push the stock. FOMO was real and a lot of people jumped in with both feet. Looks like that they have lost 50% of their money so far and no real way to recover from this loss.

It also highlights that retail investors need to be very careful when dealing with stocks etc. There are so many nuances and if you arent aware of the issues, its easy to get screwed. DJT submitted its S-1 yesterday and has indicated that it is going to sell off additional shares. This is common with a SPAC in the initial few months of its acquisition, but to do so this quickly suggests something more critical. Maybe this is an attempt to get additional funding before the stock plunges even further? Who knows. But its not good and if you arent aware about a SPAC, what an S-1 is and that yes, you can really lose it all on a stock like DJT, I can see that a lot of people are just blind to this.

Read a report yesterday that DJT has approx 600,000 retail investors and 200,000 of them buying stock in the last few weeks! This makes terrible reading and I can only imagine that a lot of people are going to lose a lot of money and probably blame it on 'leftists in Wall Street' or something.

And yes, down 14.5% today and a few hours to go before the close of the market. Maybe it will recover a little bit by the end of the day?

[CambsBill]

off_again said:

Read a report yesterday that DJT has approx 600,000 retail investors and 200,000 of them buying stock in the last few weeks! This makes terrible reading and I can only imagine that a lot of people are going to lose a lot of money and probably blame it on 'leftists in Wall Street' or something.

And yes, down 14.5% today and a few hours to go before the close of the market. Maybe it will recover a little bit by the end of the day?

Looking at the price ticker the stock spent most of last year in the $12-17 band. I'm not even sure what gave it that value but even if that's a 'market value' then the price could still have 35-50% to fall from where it is today. Maybe, just maybe, some of the MAGAts will finally question their own wisdom In blindly following this charlatan.