The Soapbox

Los Angeles Hoo

Joined: 03/05/2014 Posts: 19664
Likes: 30108


Well, we could start with...


...a primer on basic liquidity, which, honestly, at this stage of your life you should understand. Not many people have half a billion lying around in cash, even billionaires. That's especialy so for a billionaire who's wealth -- as the court well knows -- is tied up in illiquid private business and trophy properties.

Even if they did have half a billion in cash lying around, they wouldn't want to lock it up while they appeal an extortionate court case for the next 3-4 years. That's especially true when the person in question is 1) running for president and 2) subject to additional communist lawfare in multiple other jurisdictions, which may also require liquidity. And ordering up half a billion in 30 days from your victim is Alice-in-Wonderland type of corrupt justice, regardless.

Moving on, the communist judge in this case 1) seized control of Trump's businesses, severely kneecapping his ability to control cash flow going forward, and 2) has forbidden any financial institution with any presence in New York from doing business with Trump, which pretty much knocks out every possible lender. So, while Deutsche Bank -- the alleged victim in this non-fraud -- testified under oath that they'd love to do business with Trump in the future, they can't because the communist judge has forbidden it.

Even if they wanted to, no lender or bond company could possibly evaluate the risk involved here, which is crucial for loan underwriting. The law and courts in New York have been perverted beyond recognition, so they can't rely even on basic groundrules heretofore taken for granted.

Beyond New York, of course, the entire corrupt Democrat establishment is trying to bankrupt Trump and bury him in a hole for the rest of his life via lawfare in blue jurisdictions. How could a lender know whether Trump will even be a free man in six months or have a penny to his name? Or even be alive? This is uncharted territory in America: Lenders are not familiar with operating in banana republics like America has become. The risk premium required in doing so would be astronomical.

Bigger picture, the left has now so corrupted the legal system in this country that any person or entity interested in loaning Trump money knows that they, too, would likely become a target of the left's lawfare. Communists: "Nice business ya got there -- shame if something were to happen to it." Or: "Hey, we disagree with the valuation you put on the collateral, so you're now being investigated for unsafe lending practices. We'll get back to you on the amount of profits our hack judge will require you disgorge -- with penalties and interest, of course. Good luck on appeal!" Why lend to Trump when you'd be putting a huge bullseye on your back by doing so? No vale la pena. Again -- risk premium off the charts.

There are other things you've misunderstood (or pretended to), but that's enough for now.

[Post edited by Los Angeles Hoo at 03/21/2024 9:16PM]

(In response to this post by Seattle .Hoo)

Posted: 03/21/2024 at 9:07PM



+5

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Current Thread:
  Trump has excellent credit? LOLZ. ** -- Blah 03/22/2024 12:59AM
  And just when LALA's humor had staled too! ** -- Shenhoo 03/22/2024 09:37AM
  Delete** -- Shenhoo 03/22/2024 09:32AM
  Do enlighten me, fool. ** -- Seattle .Hoo 03/21/2024 8:29PM
  Well, we could start with... -- Los Angeles Hoo 03/21/2024 9:07PM
  “Communist lawfare”. LMAO. -- HoodatB 03/21/2024 10:45PM
  Why waste time on midwits? ** -- ryno hoo 03/21/2024 9:54PM
  Unfair! They’re at least 2/3 of a wit, combined. ** -- southdenverhoo 03/21/2024 11:09PM
  No, but it's a better idea than... -- Los Angeles Hoo 03/21/2024 8:26PM

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