Sunday, March 24, 2024

So Many Experts, So Few Clues

 Litman explained to CNN's Fredricka Whitfield why he believed Trump would pay the bond by the Monday deadline.

"Look, it involves all kinds of financial complications," he said. "But I think, first and foremost, he is very concerned about not looking like a loser."

"And he came out to his lawyer's dismay and said he had it on Friday," Litman said of the bond money. "I'm thinking that this initial public offering of Truth Social, which really does involve some kind of funny money business, a little bit like turning lead into gold."

Litman warned that Trump should be scrutinized if he teams up with a billionaire to make the bond payment.

"That's, of course, something we need to worry about, because why would a billionaire step in in that instance? But that, I think, is a likely scenario," he remarked. "But in any event, yeah, if I had to guess, it's that somehow he comes up with it."

First, I didn't realize billionaires were such notoriously generous and charitable people.  Sure, some of them can afford this cost; but do they want to take the certain loss?  Reminds me of the old commercial where the rich guy pulls into the discount tire shop (or shocks, or something) and tells the agog attendant: "How do you think a man like me got to be a man like me?"

So, yeah, billionaires bailing out "a clown living on credit."  I don't think so.

Second:  I'm pretty sure who ever Trump is pleading with is well aware of the court appointed monitor who now has extra superpowers to basically be a bankruptcy trustee and examine EVERYTHING going through Trump's hands or the hands of any defendant, corporate or corporeal (see what I did there?).  So the scrutiny won't just be some lawyer/journalist a week later, it'll be the court.

Third:  TRUMP WAS CONVICTED OF MASSIVE, LIFELONG FRAUD!  Who the hell wants to bail that out on a handshake and here's-your-check?  Seriously?

Here's the tell:  if Trump was gonna come up with it, he wouldn't be ranting on Truth Social about how unfair it all is.  He didn't when he suddenly came up with the Chubb bond.  He'd be cool, calm, and collected.

He isn't.  My guess is the only reason he's not ranting today is because he's playing golf with sycophants praising his every stroke. 

No, I'm not kidding. And he'll be busy tonight getting his ego stroked.  I expect in the wee small hours he'll pick up his security blanket cum cell phone and suck his thumb under the covers and keep the screen lit up to scare off the monsters.

And the IPO for Truth Social?  Doesn't happen until tomorrow, and the stock of the company offering the IPO plunged on Friday after the announcement.  Trump won't get money from that anytime soon, and whether it will ever be worth enough for the state of New York is another question.  Trump can't cash it in without approval from the board, but the AG could take a big chunk of it before that could happen.

Because the inevitable is coming for him.
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