Former President Donald Trump wasted no time in celebrating the recent decision by an appeals court to reduce the bond imposed in his New York fraud case. The original bond of $454 million has now been lowered to $175 million, much to the dismay of his detractors. This means that New York Attorney General Letitia James will no longer be able to fulfill her desire to confiscate Trump’s property and sell it off to benefit the state government.
Trump’s legal team had argued that the original bond amount was simply unattainable. In a post on his new social media platform, Truth Social, Trump expressed his joy over the court’s decision and the reduced payment.
“Thank you to professor Jonathan Turley for exposing the horrendous decision made by a corrupt New York State Judge, Arthur Engoron, on the “I will get Trump” worst in the Nation A.G., Letitia James, unfair case against me,” Trump wrote. “I just posted a $175,000,000 Bond just for the right to Appeal this travesty of a case, which I won at the Appellate Division, but this Judge refuses to accept- A FIRST.”
“He is a whacked out nut job who just made up a number out of thin air, just like he did on the value of Mar-a-Lago. Businesses won’t enter New York because of this decision, and many are fleeing. Think of it – I had to pay an enormous sum for the right to Appeal the ridiculous decision of a CROOKED Judge and A.G.
“This is Election Interference, and it all comes directly from Joe Biden and the White House,” he argued. “An attack, along with ALL OF THE OTHERS, on his political opponent, ME!”
It is difficult to fathom the disappointment and frustration experienced by liberal news publishers such as CNN and The New York Times. Both of these publications had previously reveled in the prospect of Trump’s assets being confiscated. In a recent article, The New York Times joyfully declared that Trump was rapidly approaching a point of no return in preventing a financial catastrophe. This was due to the uncertainty surrounding his ability to secure the original bond.
The publication highlighted that James, the individual responsible for the potential seizure of Trump’s real estate properties, could have chosen to proceed with caution. However, there was a glimmer of hope that she would not hold back in her actions.
“But if she wanted to take a more aggressive stance, Ms. James could freeze some of Mr. Trump’s bank accounts, which might send the Trump family business into a tailspin,” Kate Christobek and Ben Protess wrote for the Times.
“She could also seek to seize some of his New York properties, and public records show that Ms. James has formally posted the judgment in Westchester County, a preliminary step toward staking a claim to Mr. Trump’s private estate and golf club there,” the two added.
CNN guided its audience – a mere nine individuals – on the process that, in their wildest fantasies, would lead to the freezing of Trump’s bank accounts followed by the seizure of his other assets.
“Assets, such as buildings, houses, cars, helicopters and his plane, are in play,” CNN’s “law enforcement reporter” Mark Morales drooled around the same time.
“The main focus could be on his bank accounts, which experts say will be easier to take hold of, and properties, which would be more difficult,” he added.