Trump Triumphs in Court as his Bond is Slashed as Justice is Served

Written by on March 27, 2024


Trump Triumphs in Court as his Bond is Slashed as Justice is Served

Shared By Peter Boykin – American Political Commentator / Citizen Journalist / Political Candidate

Donald Trump's very good day in court

Donald Trump’s very good day in court


Trump Triumphs in Court as his Bond is Slashed as Justice is Served

In a resounding victory for former President Donald Trump, a New York appeals court delivered a blow to the relentless legal onslaught against him, slashing the bond in his civil trial by a staggering 60%, plummeting from a towering $454 million to a more manageable $175 million.

Unpacking the Verdict: This landmark ruling marked the culmination of a fierce legal battle, unfolding against the backdrop of a New York civil fraud case spearheaded by none other than Attorney General Letitia James. The case alleged Trump’s complicity in inflating his wealth to secure advantageous business loans, presided over by the tarnished trial court judge, Arthur Engoron.

Why It Matters: Trump’s financial empire primarily hinges on real estate assets, rendering the exorbitant $454 million bond a veritable Sword of Damocles hanging over his holdings. However, with the bond significantly slashed, the need to liquidate properties at a loss dissipates, as Trump boldly declared his intent to settle the bill with a single word: “CASH.”

Further Victories: In addition to the slashed bond, the appeals court bestowed upon Trump a generous 10-day reprieve to meet the payment deadline. Yet, perhaps of greater consequence, it pressed pause on punitive measures barring Trump and his sons from assuming leadership roles within their own company.

Public Opinion: A recent poll resonates with the sentiments of a majority, with 58% of voters condemning the legal onslaught against Trump as nothing short of lawfare, while a mere 42% perceive it as just.

Parting Shots: Trump, undeterred by the onslaught of legal machinations, seized the moment to articulate his disdain for the politicized legal melee, attributing it to nothing more than a nefarious ploy to stymie his influence. In his words, “They can’t win an election because of the borders, because of energy prices, because of inflation… So what they do is, they do election interference which is court cases and [they say] ‘Let’s try to tie him up and let’s take as much of his money as possible.'”

Facing Reality: As Attorney General Letitia James braced herself for a triumphant day of asset seizure, fate dealt a starkly different hand, as Trump emerged unscathed, leaving his detractors reeling in defeat.

[Source: The Federalist, WSJ]



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