NY's confiscatory operation against Trump

 PJ Media:

We'll soon learn whether New York Attorney General Letitia James is willing to drive a stake through the heart of New York City just to complete her personal crusade against Donald Trump.

Attorneys for the former president "indicated in a court filing Monday that he is unable to secure the full $464 million bond due in his New York fraud case," according to a breaking report in The Hill, and that puts the ball in James's court — and whether she'll follow through on her threat to sieze [dr_evil-voice] HALF A BILLION DOLLARS [/dr_evil-voice] worth of his real estate holding to make good on the recent court judgment against him.

"The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude," Trump's lawyers noted in Monday's filing.

Unless you're a fully operational Federal Reserve chief with your hand on the throttle of the nation's overworked money-printing machine, coming up with [dr_evil-voice] HALF A BILLION DOLLARS [/dr_evil-voice] is no easy feat. It's also a prerequisite, under New York law, if Trump wants to even file an appeal against a judgment that critics have called "unjust," "not valid," and a "spectacle."

When Judge Arthur Engoron meted out the gobsmackingly yuge punishment last month, New York Gov. Kathy Hochul assured other developers that they "have nothing to worry about, because they’re very different than Donald Trump and his behavior."

But a wild precedent has been set that normal business practices where no one felt ripped off and everybody made money, can lead to a ruinous judgment and essentially no chance of appeal. When James says she'll seize Trump's assets, it made the hairs stand up on the arms of every single developer in the city.
...

The anti-Trump fever by New York officials looks like derangement.  Trump is being attacked because of an irrational hatred and not because his businesses were illegitimate.  If the courts do not come to their senses it will lead investors to avoid doing business in New York. The fact is that Trump's businesses in New York are legitimate and the attacks on them are not.

See also:

Biden's Latest Campaign Ad Goes All-In on Scaremongering Around Trump's 'Bloodbath' Comment

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