Saturday, February 24, 2024

A Pig In A Poke


 

donnie has some bills coming due.

In fact, one of them has already apparently been paid.

Here are the Bills:

  1. E Jean Carol - $5,000,000
  2. E. Jean Carol - $83,000,000
  3. New York Fraud Judgement: $355,000,000
  4. Interest on New York Fraud Judgement - $100,000,000
That adds up to $543,000,000.

That shouldn't be a problem for donnie, because as we have so often heard from the mouth of the donald himself, he is "really rich".

Apparently he has put funds in escrow so he can appeal the E. Jean Carol $5,000,000 judgement.

Since, as we have constantly heard, from the mouth of the donald himself, that he is "a brilliant bidnessman", one would suppose he was carried cursing and screaming to his checkbook for that payment; one would suppose that, if there had been any chance of it, he would have used somebody else's money; he would have posted bond.

Since he didn't post bond, one might assume that nobody was willing to put up $5,000,000 for a bond for donnie.

One might not be surprised at that lack of willingness; donnie routinely stiffs anybody to whom he owes money.

Further, one might assume that if no one was willing to go a bond of $5,000,000, $538,000,000 is a bond too far.

That puts donnie in an interesting situation.

To appeal his other judgements, which he has said he is certainly going to do for the $83,000,000 and the $455,000,000, he needs to either put the entire amount of each judgement in escrow, or post bond for the entire amount, such amount coming from - somewhere or someone licensed to do that sort of thing.

As we have seen there don't appear to be any bondsmen standing in line.

The appeal clock is winding down in both cases.

He has less than thirty days.

It appears that he may not have enough cash of his own to put in escrow for even the $83,000,000, let alone the $455,000,000.

"Brilliant bidnessmen" don't let cash lie around in banks idly earning almost nothing.

"Brilliant bidnessmen" leverage themselves to the hilt and live off of credit cards with gold plated terms and conditions that only "brilliant" ultimately leveraged "bidnessmen" can obtain.

(It was in pursuit of those kind of terms and conditions that donnie, by submitting lies for financial information, got himself into the $455,000,000 pickle in the first place.)

So "brilliant bidnessmen" don't have a lot of cash lying (interesting coincidence-word) around.

There is, therefore, a school of thought that donnie, in less than thirty days, likely is going to come up short of escrow on at least one of his two intended appeals.

And, as we have already seen, he doesn't appear likely, in any rational world, to be able to find any source for bond.

So, I guess he can't appeal.

In his world of awful news, that is the neutral news.

Here's the awful news: those judgements don't go on pause after thirty days just because donnie can't appeal them.

They are due and payable when the clock strikes "pay me".

If he doesn't, the Attorney General of New York will start selling off donnie's assets to satisfy the un-appealed judgements (both cases are in the State of New York).

There is a school of thought that says, since donnie is a "brilliant bidnessman" he is so leveraged that even all of his assets haven't enough equity to cover $543,000,000 in judgements.

If so, what then?

Shylock is my hopeful suggestion.

But seriously, somebody, somewhere is surely going to bail out poor little donnie, history's most hapless victim.

I guess some real billionaire is going to be able to buy a US president on the cheap.

At least that's what the truth social ad, to be posted tomorrow, puts on offer.

The only problem is that said billionaire is going to need to put up the money in less than thirty days; that's a long time before the election, so donnie isn't president yet.

I'm going to be interested to see who turns out to be the billionaire who is stupid enough to buy a pig in a poke.

I find it difficult to suppose that there will be one. 

Real billionaires, unlike "brilliant bidnessmen" don't do stupid shit.

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