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bornontheblue

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Posts posted by bornontheblue

  1. On 3/25/2024 at 12:17 PM, RSF said:

    I'd wait.  Imagine how much fry sauce you could buy when it peaks.

    If this investment goes viral them BSU will be the best funded athletic department in the country!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

     

  2. On 3/25/2024 at 8:57 AM, Akkula said:

    What are you talking about?!?!?  The judge will decide what debts are dischargeable but that isn't even the point.  Bankruptcy will help to liquidate the assets to free up cash to pay creditors and also buy time so a firesale isn't required.  

    No dummy .  Court fines are statutorily protected from discharge. Judges have no say in it. 

     

     

  3. On 3/25/2024 at 7:34 AM, Akkula said:

    Hey @bornontheblue...Trump does have a really good option to appeal without having to post a bond.  Bankruptcy....a thing that protects us all in case of a large debt we cannot pay...unless you are a student loan borrower.  

    And plus if nobody left this twice impeached, insurrectionist, pussy grabbing, rape liable, con artist before why would a bankruptcy matter to the cult?  He can just do the same thing he says when it was revealed he pays no taxes.  

    "I am so smart!  I used the bankruptcy code to hoodwink the liberals again!"

    You cannot use bankruptcy protection for fines imposed by a court stupid 

     

    • Like 1
  4. On 3/23/2024 at 11:09 PM, Billings said:

    Have you plotted a possible path?

    Not yet. Probably won’t happen until summer 2025  I’m  gonna want to really get under the hood of America though. Off the beaten path of places in flyover country that nobody gives a shit about. 

    • Like 1
  5. On 3/23/2024 at 9:32 PM, 406bleedsblue said:

    I've drove coast to coast many times for work. I used to really enjoy it when I was younger but anymore, I'd rather fly.

    I’ve been up and down both the east and west coast. I’ve never experienced the middle of the country, or the south , or the old rust belt states. A lot of my country is love to get at and experience 

  6. On 3/23/2024 at 3:55 PM, retrofade said:

    A little bit of both. Stopped a few times for landmarks and stuff, and then in the Great Smoky Mountains (which are neither great, nor real mountains), and a few other places. 

    I’ve visited family in  Virginia and  they try to tell me they live in the mountains. Uhh no, out west we call those hills. 

    • Like 2
  7. On 3/22/2024 at 7:24 PM, grandjean87 said:

    Very nice offer.  Probably not on my to do list, but I'm sure it would be fun.  I'm just hoping to get out camping more, hit Colorado once this summer, enjoy my niece's lakeside condo in McCall, and recover fully from the last knee surgery.  2025 is a ways off, so...

    I’d do it this summer but I’ve got a trip planned to go see my kid In New Zealand. I’m going to be in the south Island in July… Pack my winter gear lol 😂 

    • Like 1
  8. Has anybody ever driven from one coast to the other. 
     

    Im thinking of flying  to Seattle renting a car and sojourning across the country all the way to Key West Florida, avoiding major freeways the whole way. 
     

    Then id fly my wife to Key west ave vacation  there for a while 

    If I do it it will probably be next summer 

    you in @grandjean87

     

    • Like 5
  9. On 3/22/2024 at 10:29 AM, RSF said:

    “President Trump won’t be able to monetize that stake right away,” said Matthew Kennedy, senior initial public offering market strategist at Renaissance Capital.

     

    The bad news for Trump is that this stake is not as liquid as it sounds. Those paper gains would be very difficult for Trump to translate to actual cash.

    In fact, Trump’s shares in this company are in many ways even less liquid than his real estate holdings, according to Charles Whitehead, a law professor at Cornell Law School.

    First, experts say the market is drastically overvaluing Trump Media based on the company’s fundamentals.

    That means Trump would have a hard time dumping the stock or even pledging it as collateral.

    “The stock price is clearly a bubble,” Yale law professor Jonathan Macey told CNN. “No rational investor would take the stock at face value, especially if they had to hold it for any length of time.”

    SEC filings indicate Trump Media’s revenue amounted to just $1.1 million during the third quarter. The company posted a loss of $26 million that quarter.

    https://www.cnn.com/2024/03/22/business/trump-truth-social-dwac-shares/index.html

     

    But even in the unlikely event that Trump found a taker for those shares, experts say he is likely not allowed to sell or pledge that stock – at least not yet.

    As is typical in a deal like this, certain shareholders are subject to a lock-up period that prevents insiders from immediately selling.

    “No one wants to buy into a company where the largest shareholder – and really the face of the biggest product – is selling,” said Whitehead.

    In this case, key shareholders of Trump Media, including its management team, have agreed not to sell their common stock for six months to maintain “important stability to the leadership and governance” of the company, according to SEC filings.

    Not only does that lock-up agreement prevent these key shareholders from selling their stock for six months, it says they have agreed not to “lend, offer, pledge…encumber, donate” that stock during the period.

     

    Of course you got that from CNN. 

    Reliable sources are reporting that he can get a waiver from the shell corp issuing the shares , and while the IPO will likely decrease in value in initial trading (like most do ) if he can realize a third of what is reportedly a 3.3 billion dollar value to him he will be fine as far as cash is concerned. He won't be selling the shares either , he will be borrowing against their value like most founders do when an IPO is issued. 

    Anyways the fine imposed by the state of New York will never stand on appeal to the supreme court and he will recoup any bond he has to place. 

    He is fine as far as cash is concerned. 

     

     

  10. On 3/22/2024 at 9:47 AM, RSF said:

    yeah, he is.  He can't cash in on that stock for 6 months, and nobody's going to take it as collateral on a bond because of that, and the fact the Street thinks its wildly overvalued.

    He can get a waiver and borrow against it prior to the 6 month waiting period which he will get. 

     

     

  11. On 3/21/2024 at 6:54 PM, grandjean87 said:

    You do know that the AG's investigation of the Trump Org. began in 2019?   Litigation over subpoenas the next year.  Long before this election.  The AG's suit of the organization took place a couple months before Trump even announced he was running in '24.  And, after the related tax fraud guilt of the organization, what do you think is going to happen next? What was the State of New York to do?  Drop it all?

    I'm not posting this for you.  You are who you are.  Once those blinders are set, they are set.  There are politics wrapped up in the civil cases against the Trump Org. and DJT and co.  That doesn't mean politics explains everything.  That's for the general audience, all five of them. lol. 

     

     

     

     

     

    I couldn't see in there where you directly answered the question. 

    My eyes are tired from working so many long hours this tax season. Maybe I missed it. 

     

  12. On 3/21/2024 at 6:17 PM, grandjean87 said:

    1. That wasn't the point.  Not even close.  The point is subjective decisions get made all the time in the justice system.   Who to prosecute, what charges, who to cut deals with, what sentencing,  etc. We can complain about it.  Unfairness abounds.  I can complain about a former latch key kid student w/no priors serving a 10 year fixed sentence because she got caught up in shit her shitty boyfriend and family were doing.  A truly wise prosecutor would have done something different.   But, she was guilty of the charge.  Kind of like someone else albeit a civil case.  

    2. I think I have answered all your questions even ones a bit absurd.  Now, can you come up with any comparable situation?  Something that even remotely approximates.  Not "if he was a Democrat".  I mean, any Republican w/o the comparables would not have been charged as such (63-12).  If the "normal" Republican isn't charged, it's probably about more than party.  

    Come up with a situation where a state and city has known a fraudster and crime dude for 50+ years since he basically beat a violation of the Civil Rights Act of 1968.  A situation where a private business run by one guy is guilty of tax fraud and related stuff and bank and insurance fraud to the hilt -- and it's publicly known -- and they take no legal hit.  That's why James made the fraud part of her campaign.  There was public support.  People tend to be anti-crime of all sorts.  
     

    I'll take a brief and direct answer to my still unanswered question please. 

    This is no different than the idiot Republicans trying to nail Biden for a stupid laptop and some cockeyed Ukraine scandal. 

    If Trump was the leading Democrat candidate and all other facts and circumstances remain the same, would this case have been brought forward. 

    I know the answer to that question 

    You are not an idiot and you know the correct answer to that question even if it makes you feel uncomfortable. 

    • Haha 1
  13. On 3/21/2024 at 5:24 PM, grandjean87 said:

    What does that matter to the guilt of Trump and co.?  There are infinity minus one examples of selective justice in the federal system, the several states, and countless municipal courts.  

    If the exact particulars were there -- let me repeat -- the exact same particulars and there are many, the answer is unknowable.  Maybe.  Maybe not.   Now, if you toss out all the many particulars from publicly known fraud to a linked guilty tax fraud case to all the rest of the Trump baggage, then no.  But, that is pretty meaningless.  There is no comparable situation that you can come up with.  Don't feel bad about not being able to provide that example.  I'm not sure anyone can. 

    So past injustice necessitates, and even excuses current injustice. Hmm ok. Don't you think it would be easier to just admit that it's a bullshit case and only brought forward for political purposes. 

     

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