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9 minutes ago, Rushies tash said:

 

Has that been corroborated? It looks a bit deep fakey.

 

 

Is this recent? Does he still think he's running against Obama? I'd rather the senile white guy than the  senile orange rapist. 

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The AG has given Trump and his rescuers 10 days to, as government lawyers put it, “justify the surety.”

 

What’s more, the additional scrutiny has called into question whether this insurance company even has enough money to meet the capital requirements for posting the bond.

In a midday court filing, the Knight Speciality Insurance Company revealed that it currently only has $138 million in “surplus.” That means the bond it has decided to post for Trump smashes through the 10 percent barrier, topping a whopping 127 percent of the company’s dedicated reserves.

But just before the new paperwork was filed, Knight Specialty Insurance president Amit Shah told CBS that the company has a novel theory as to why the state capital requirements don’t apply to their firm: because Knight Insurance isn’t even registered to operate as a surety in New York.

"Knight Specialty Insurance Company is not a New York domestic insurer, and New York surplus lines insurance laws do not regulate the solvency of non-New York excess lines insurers," he told CBS.

The explanation that Knight Specialty Insurance isn’t subject to the capital requirements because it’s not a New York company subject to the state’s solvency rules raises even more questions as to why Trump would opt for a firm that isn’t even licensed by New York’s Department of Financial Services.

The situation has bond industry experts noting that Trump—who was desperate for the cash and couldn't find a company willing to put itself on the hook for the entire half-billion dollar bank fraud judgment—has now shown himself relegated to an obscure firm that doesn’t seem well positioned to take on the risk.

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On 02/04/2024 at 07:27, TheHowieLama said:

Shares of Truth Social owner Trump Media & Technology Group plunged Monday after the company disclosed that it lost more than $58 million and generated very little revenue in 2023. Former President Donald Trump is the company’s majority shareholder, and his net worth tumbled by more than $1 billion Monday as a result.

 

The losses disclosed Monday are so severe that Trump Media’s accountants warned at the time they “raise substantial doubt about its ability to continue as a going concern,” which is Wall Street for: We may not be able to stay in business. That warning echoes one made in November when accountants said Trump Media might not survive unless it soon completes its merger to go public.

 

EDIT:

 

Shares of Truth Social owner Trump Media & Technology Group tumbled 12% on Friday, sinking to their lowest level since the company went public last week.

The selloff has erased nearly $2 billion from the value of former President Donald Trump’s stake in the company this week.

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On 04/04/2024 at 19:09, TheHowieLama said:

has bond industry experts noting that Trump—who was desperate for the cash and couldn't find a company willing to put itself on the hook for the entire half-billion dollar bank fraud judgment—has now shown himself relegated to an obscure firm that doesn’t seem well positioned to take on the risk.

 

Double Edit:

 

The billionaire white knight who swooped in to cover the $175 million surety civil fraud bond to assist Donald Trump is feeling a little buyer's remorse for assessing such bargain basement fees.

 
 

"We thought it would be an easy procedure that wouldn't involve other legal problems and it's not turning out that way," Hankey told Reuters, voicing his strain over the speed bumps his offering has encountered not disclosing the amount of fees charged. "We probably didn't charge enough."

 

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Good stuff:

 

https://www.theguardian.com/us-news/2024/apr/06/donald-trump-speech-analysis
 

During this week’s Wisconsin speech, which was more coherent than usual, Trump pulled out a few frequent refrains: comparing himself, incorrectly, to Al Capone, saying he was indicted more than the notorious gangster; making fun of the Georgia prosecutor Fani Willis’s first name (“It’s spelled fanny like your ass, right? Fanny. But when she became DA, she decided to add a little French, a little fancy”).

 

He made fun of Biden’s golfing game, miming how Biden golfs, perhaps a ding back at Biden for poking Trump about his golf game. Later, he called Biden a “lost soul” and lamented that he gets to sit at the president’s desk. “Can you imagine him sitting at the Resolute Desk? What a great desk,” Trump said.


“Somebody said he looks great in a bathing suit, right? And you know, when he was in the sand and he was having a hard time lifting his feet through the sand, because you know sand is heavy, they figured three solid ounces per foot, but sand is a little heavy, and he’s sitting in a bathing suit. Look, at 81, do you remember Cary Grant? How good was Cary Grant, right? I don’t think Cary Grant, he was good. I don’t know what happened to movie stars today. We used to have Cary Grant and Clark Gable and all these people. Today we have, I won’t say names, because I don’t need enemies. I don’t need enemies. I got enough enemies. But Cary Grant was, like – Michael Jackson once told me, ‘The most handsome man, Trump, in the world.’ ‘Who?’ ‘Cary Grant.’ Well, we don’t have that any more, but Cary Grant at 81 or 82, going on 100. This guy, he’s 81, going on 100. Cary Grant wouldn’t look too good in a bathing suit, either. And he was pretty good-looking, right?”

 

“The fake news will say, ‘Oh, he goes from subject to subject.’ No, you have to be very smart to do that. You got to be very smart. You know what it is? It’s called spot-checking. You’re thinking about something when you’re talking about something else, and then you get back to the original. And they go, ‘Holy shit. Did you see what he did?’ It’s called intelligence.”

 

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Just now, Kevin D said:

Good stuff:

 

https://www.theguardian.com/us-news/2024/apr/06/donald-trump-speech-analysis
 

During this week’s Wisconsin speech, which was more coherent than usual, Trump pulled out a few frequent refrains: comparing himself, incorrectly, to Al Capone, saying he was indicted more than the notorious gangster; making fun of the Georgia prosecutor Fani Willis’s first name (“It’s spelled fanny like your ass, right? Fanny. But when she became DA, she decided to add a little French, a little fancy”).

 

He made fun of Biden’s golfing game, miming how Biden golfs, perhaps a ding back at Biden for poking Trump about his golf game. Later, he called Biden a “lost soul” and lamented that he gets to sit at the president’s desk. “Can you imagine him sitting at the Resolute Desk? What a great desk,” Trump said.


“Somebody said he looks great in a bathing suit, right? And you know, when he was in the sand and he was having a hard time lifting his feet through the sand, because you know sand is heavy, they figured three solid ounces per foot, but sand is a little heavy, and he’s sitting in a bathing suit. Look, at 81, do you remember Cary Grant? How good was Cary Grant, right? I don’t think Cary Grant, he was good. I don’t know what happened to movie stars today. We used to have Cary Grant and Clark Gable and all these people. Today we have, I won’t say names, because I don’t need enemies. I don’t need enemies. I got enough enemies. But Cary Grant was, like – Michael Jackson once told me, ‘The most handsome man, Trump, in the world.’ ‘Who?’ ‘Cary Grant.’ Well, we don’t have that any more, but Cary Grant at 81 or 82, going on 100. This guy, he’s 81, going on 100. Cary Grant wouldn’t look too good in a bathing suit, either. And he was pretty good-looking, right?”

 

“The fake news will say, ‘Oh, he goes from subject to subject.’ No, you have to be very smart to do that. You got to be very smart. You know what it is? It’s called spot-checking. You’re thinking about something when you’re talking about something else, and then you get back to the original. And they go, ‘Holy shit. Did you see what he did?’ It’s called intelligence.”

 

 

I read that earlier and was genuinely struggling to keep up with the leaps, nonsense and madness.

 

Excellent, unhinged, bullshit by the barrel load.

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Kicked the can on federal abortion - anti abs are not happy.

 

“We are deeply disappointed in President Trump’s position." Susan B Anthony Pro Life 

 

“My view is now that we have abortion where everybody wanted it from a legal standpoint,” Trump said in a video posted to Truth Social. “The states will determine by vote or legislation or perhaps both, and whatever they decide must be the law of the land. In this case, the law of the state.” 

 

 

Last week in Trump’s home state, Florida’s high court issued two rulings on access to abortion, one of which upheld the state’s 15-week abortion ban and another that gave the green light to a ballot measure that would protect access to abortion in the state if passed in November.

In response to the development out of Florida, President Biden’s reelection campaign rolled out a memo last week, saying they will target flipping the state in November. 

 

 

 

 

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On 06/04/2024 at 22:46, Bruce Spanner said:

 

I read that earlier and was genuinely struggling to keep up with the leaps, nonsense and madness.

 

Excellent, unhinged, bullshit by the barrel load.


Its called intelligence, durrrr. 

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