Michael Popok: 'Donald Trump CAN’T AFFORD to Pay MASSIVE DEBT, ADMITS He Is BROKE'

Source:Meidas Touch- left to right: New York State Judge Arthur Engoron & Defendant Don.

"Trump is so out of cash that his lawyer’s just had to admit in court filings that in order to come up with the over $500 million needed to stop enforcement of the NYAG civil fraud judgment he has to “sell assets” and “raise capital” and only has 25 percent of it now to put up in cash. Michael Popok explains what happens next when an emergency Justice of the appellate court decides today whether Trump should get a stay without posting ALL the money." 

From the Meidas Touch

As I wrote about this on Monday: 

"No offense to Ben Meiselas's statement here, but I think NY Attorney General Letitia James statement here is the key. I don't believe she would make a statement like that, if she were expecting Donald Trump to be able to come up with the cash, or has the cash, to even come up with the bond that he has to have first, to even be eligible for 450 plus and growing, million dollar judgement against him in New York State. 

The reason why I say this, is because the NY Attorney General probably not only has Mr. Trump's business records and his Trump Organization's business records, but she probably also has his personal financial records as well. She knows how much money this man is worth. And I''m not just talking about how much he's personally worth. Not his properties, but how much money Donald J. Trump has in his personal bank accounts. 

So it would be very foolish on Attorney General James part, to say that she's ready to start seizing Trump properties, to pay off the judgement against him, if she believed that he could personally financially do this. She's too good of a lawyer for that to make such a foolish statement like that. Mr. Trump, hasn't even posted a bond in the E. Jean Carrol case, which is 83 million. That's a lot money as well, but it's not even a 5th of what he owes New York State. 

So the bottomline here, is Donald Trump has 25 days to come with 450 million, perhaps 500 million by then, or he goes bankrupt, just as he's trying to run for President again, just as he's facing two felony convictions, in separate jurisdictions, by the end of this summer." 

From The New Democrat

To sum this up really quickly: Donald Trump is not only not a billionaire, but he's a fraud. We've known (well, at least anyone whose not confined to the national mental institution known as MAGA) for at least 10 years that Donald Trump is a fraud: 

Donald Trump's own personal creation, his own personal piggy bank, also known as Trump University, was sued out of business right before he ran for President the 1st time back in 2015 (before this seemingly, never-ending, long national nightmare, known as Trumpism, invaded America) 

and of course his own presidency and all the ridiculous, out in far-right field promises that he made to everyone, that he thought might vote for him, like the border wall, and claiming that Mexico would pay for it 

the self-proclaimed King of Debt, claiming that he would pay off the national debt, before his presidency was over, etc.

But, thanks to New York Attorney General Letitia James, now America (except for the national mental institution, as well as idiots convention, known as MAGA) knows that Donald Trump is not only not a billionaire, but perhaps the world's biggest fraud as well. 

America simply can't risk anyone like Donald Trump, ever getting to The White House even on a tour, let alone becoming President of the United States again.  It's the obligation of every true American patriot, who loves America, who loves American liberal democracy, to do everything that they can within the law, as well as being true to themselves and true to the country, to make sure that Donald Trump and his MAGA cult, never get any real power in America again. 

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