378

Trump is suddenly in need of a lot of cash. That’s everyone’s problem. (www.vox.com)

submitted 9 months ago by MicroWave@lemmy.world to c/politics@lemmy.world

71 comments fedilink hide all child comments

Two recent verdicts have now left Donald Trump on the hook for nearly half a billion dollars.

On Friday, a New York judge handed the former president a $355 million penalty, and banned him from serving in a leadership position in any business in New York for three years, for fraudulently inflating his net worth to lenders in order to receive more favorable loan agreements. And in January, a Manhattan jury ordered Trump to pay the writer E. Jean Carroll $83.3 million for defaming her after she accused him of raping her. (A separate jury in May had found Trump liable for sexually abusing Carroll in the 1990s.)

…

“It’s pretty scary from an ethics perspective,” said Virginia Canter, the chief ethics counsel at the Citizens for Responsibility and Ethics in Washington, a nonpartisan watchdog group that has chronicled Trump’s abuses of power and filed lawsuits against him.

You don’t have to look far to find the reasons why. Trump’s first term was riddled with conflicts of interest, and that’s in no small part because of his financial well-being (or lack thereof, depending on how you look at it). At the time that he tried to overturn the 2020 election, he was hundreds of millions of dollars in debt, largely stemming from loans to help rehabilitate his struggling businesses, and most of which would be coming due over the subsequent four years. Throughout his presidency, he refused to divest from his businesses, which made millions of dollars in revenue from taxpayers and continued to do work with other countries while he was in office — a practice he indicated he would repeat in a second term.

you are viewing a single comment's thread
view the rest of the comments

[-] Neato@ttrpg.network -2 points 9 months ago

And when that recorded call is leaked? It would be damning enough Republicans might consider impeachment.

[-] FlyingSquid@lemmy.world 6 points 9 months ago

The leaked bribery call he made to Ukraine resulted in impeachment, but because Democrats were in charge. His trial in the Senate found he wasn't guilty. And ever since, Republicans have been trying to get revenge.

So I have no idea why you think that.

[-] d0ct0r0nline@lemmy.world 4 points 9 months ago

I mean, I am thoroughly unconvinced that any amount of damning evidence will erode his suppose among Republicans. He just has to keep running the same plays and claim it's "fake news", that it was some kind of deep fake, let QAnon float around a conspiracy, or even at this point maybe even sit back and let the base contort itself from condemning the move to hailing it as a political master stroke of putting pressure on an American adversary.

[-] saltesc@lemmy.world 4 points 9 months ago

Oh, don't be so dramatic. Americans don't do shit about corruption in their government unless it's a blowie from an intern.

[-] marx2k@lemmy.world 3 points 9 months ago

Are we talking about the same republicans?

[-] Dagwood222@lemm.ee 3 points 9 months ago

Now you're just nitpicking. A few minutes consideration could come up with dozens of ways of securely getting the message across.

this post was submitted on 17 Feb 2024

378 points (95.7% liked)

politics

19088 readers

3784 users here now

Welcome to the discussion of US Politics!

Rules:

Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive. Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.
Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

• Register To Vote

• Citizenship Resource Center

• Congressional Awards Program

• Federal Government Agencies

• Library of Congress Legislative Resources

• The White House

• U.S. House of Representatives

• U.S. Senate

Partnered Communities:

• News