Let’s do some math.
President Trump has been ordered to pay $83.3m and $354m.
Combined its $437m. Including interest, it could be another $100m.
His net worth is estimated to be between $2b to $2.6b.
That’s estimated to be between 21% to 27% of his net worth.
However, experts have claimed that Trump has somewhere between $600m to $700m is in cash. Trump has said that he only has $400m in cash.
This may seem like a lot to the average person but not when you’re being asked to pay $537m in damages + interest.
This doesn’t include the legal fees that have been pilling up as well as the fines his two sons received.
If he chooses to appeal, he would have to secure a bond by putting up about 10% of the total amount owed.
That could be $44m which he may not get back.
In other words, this non sense decision and insane dollar amount by the judge could deplete Trump’s savings anywhere from (-$137m) to $163m.
Love him or hate him, this is what it means.
1. Thirty years from now, a woman can come out and falsely claim allegations against YOU, and if the judge hates your politics, they will believe her and made up any number to destroy your life savings.
2. If you build your wealth through real estate, and pay back all your commitments to banks, buyers and sellers, a judge who hates your politics could make up any number to deplete YOUR life savings and prevent you from doing business.
So what does this do to capitalists and those with aspirations to run in the future.
1. Scare the crap out of great future candidates.
2. Eliminate anyone’s family from supporting their father or mother from running.
3. Distance family members from those who choose to run to avoid being sued. Notice which of Trumps kids got sued and who didn’t.
4. Make the candidate rethink why they ever chose to run in the first place and ruin the lifestyle of the rich and famous they once had.
Or last but not least it could ENERGIZE an entire new generation who love
to realize how much trouble she’s in to fight like hell and defend the the values this nation was built on.
This requires a certain level of courage that words can’t describe.
This won’t be a fight for everyone.
You’re going to have to have a few screws missing to get in this fight.
But what is FREEDOM worth to YOU?
That’s the most important question one has to ask.
God is good.
Future looks bright!
Mike