this post was submitted on 17 Feb 2024
380 points (95.9% liked)

politics

19072 readers
4969 users here now

Welcome to the discussion of US Politics!

Rules:

  1. 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:

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS
 

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
[–] TropicalDingdong@lemmy.world 41 points 8 months ago (3 children)

Its really not my problem.

[–] ptz@dubvee.org 44 points 8 months ago (1 children)

If you're not a US citizen, then I guess it's not your direct (financial) problem.

Otherwise, I think the point of the article is that, if re-elected, he's going to grift even harder than the first time by funneling even more taxpayer money into his businesses.

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

[–] TropicalDingdong@lemmy.world 8 points 8 months ago (1 children)

If re-elected we've all of a sudden got so many more problems, his grift falls way down the list. I'm would be more concerned about ever having an election again if Trump gets back into power than I am if he self-enriches while in office.

Him being further in debt, real debt that he actually has to put up money to deal with is absolutely fantastic. It puts him in a weaker, less flexible position for bullshit going into he election. His corruption will be on full display as he robs Peter to pay Paul.

This article is a bit of a gaslight. Its really not our problem. Him being elected again is a much bigger problem. Him having to pay up on these debts makes that harder.

[–] workerONE@lemmy.world 5 points 8 months ago

He was trying to get a Trump Tower in Moscow and pretty much bowing down to Putin and trying to break up NATO to help Russia. He'll do anything for money, it's a big problem

[–] ME5SENGER_24@lemmy.world 19 points 8 months ago (1 children)

Seriously! If I’m broke and owe people money is Trump gonna come and help me out? If not, that fucker can lie in the bed he’s made. If he can’t afford to pay, garnish his wages. At the end of the day, Trump is a regular citizen. Whether he accepts it or not is irrelevant to the facts. He might be rich (or once was) and is used to the silver spoon lifestyle, but why should that matter to me? The closest I’ll get to “silver spoon” is stainless steel. The closest this dude should get to compassion is the warm embrace of a guillotine.

[–] DreamerofDays@kbin.social 3 points 8 months ago (1 children)

When in his almost eighty years on this planet has he ever acted or been treated like a regular citizen? Regardless of what should be, and what should have been, he isn’t normal. He is, by luck, by practice, and by preternatural talent, always evading consequences.

Those he cannot evade, he deflects onto others. So this moment of extraordinary , if his pattern holds, will also be extraordinarily laid upon others. If the GOP doesn’t find a way to remove it for him, and he doesn’t win the presidency, they know they’re in line to be footing the bill. If he does win the presidency, he’ll either evade(saying the president cannot be beholden to such a punishment and serve) or deflect, and through internal graft or external selling of favor, we’ll all end up paying his bill.

This isn’t an argument to feel sorry for him, nor to soften the judgment against him. This is an argument to be wary that he is still the same person he was before the judgment, and is likely to be as conniving as he has always been, if not the more so if he feels cornered by it.

[–] TropicalDingdong@lemmy.world 3 points 8 months ago

This is a pretty big lump of coal to put in his stocking. How he reacts will be interesting and we should watch it closely.

My called shot is he just doesn't pay. I don't know what happens after that.

[–] Neato@ttrpg.network -3 points 8 months ago

How's that hole in the sand treating you?