Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it. The fact that the former president resorted to such a measure has sparked questions on social media about the state of his finances.
The orange shitstain clearly has been leveraging debt for decades.
But this is not at all a surprise. Why would he pay? Get a loan and then count on the secret service to prevent him from ever having to pay
That’s not how bail bonds work. If you use a bail bondsman, you pay a non-refundable fee (10% of the bail amount) upfront.
If he had the money, he should have paid the full bail himself. That amount is fully refunded so long as he appears to court.
I think that’s correct…I’m not a bail bondsman and I’ve never used one, but I did watch Dog the Bounty Hunter once or thirty times
He needs to lose his SS protections. And any other benefit the presidency provides.
No way. It’s not worth him getting assassinated by some lunatic. Honestly even if he’s successfully indicted he should be on house arrest. Lock his pudgy arse up but he has to be kept safe for obvious reason.
He will likely get house arrest, if only for the optics.
But he would be safer in a white collar prison than basically anywhere else. And the secret service wouldn’t have to cover up him constantly breaking his house arrest
Fuck house arrest, though. Let’s take an old jail out of mothballs just for him.
I mean I’d rather he keep the ss protection. I don’t want him being martyred.
The cult must die.
I’d prefer the Flavoraid method but a full generation of deprogramming may have to do.
the Flavoraid method
Not even the privilege of top shelf branding…
Eyy, if it’s good enough for the poor people of Jonestown, it’s certainly good enough for the magats!
Guys, murder is wrong. We should take the time to consider that they’re human beings!
Chemical castration is a much more humane strategy. Come on guys. Do better.
Eh, I don’t know about that path. They are already an army of small-dick energy, I can’t fathom the power levels they reach by further reducing their sense of manliness.
And while it is unlikely he remembers anything of value… That he has not already given away, he theoretically is still full of the most sensitive of information. And kidnapping… Or asking putin for a lift, is a thing
He is being seem as a martyr right now for just being charged with crimes, so being a literal martyr wouldn’t be any worse. It isn’t like he stood for something that would keep going, the only momentum his shitty followers have is seeing more of him on TV.
That said, I would rather keep the ss protection so he can rot in jail.
Pretty much. Lock him in an isolated prison cell, being guarded by Secret Service members with Top Secret clearance. It’s the only way to prevent him from blabbing Top Secret intel to whichever prison guards will listen.
23 hour a day solitary would be safest for both him and the rest of the country.
I’d prefer prison guards over SS but they are probably too easily corruptible.
Is he poor? Maybe. The question is why is he poor? He just sold Mar-a-lago to a company owned by Don Jr., alledgedly for something over $400 million.
He might be poor because he’s hiding all his assets on offshore banks. If so, then the question becomes: why is he doing that?
Preparing to run.
No. All rich people do. Why? Taxes.
Man, I really hope he runs. Just to see Republican faces when he abandons them and maybe a few finally realize they were conned.
Jfc. Where have you’ve been? THEY WILL NEVER TURN ON HIM.
The top dogs all know. They have tried multiple times to push him aside. Propping up desantis, having rules for the debates that are targeted at trump etc. It doesn’t work and they are happy to use him when it suits them. The question is will it blow up in their faces to personally damage them or just the party and they will take their I’ll gotten gains and slink away.
A few, maybe. But I worry that anyone who’s still on the Trump train at this point may be on it for life. They’ll rationalize that he was forced out of the country by a crooked liberal conspiracy.
FREE TRUmP! Political EXILE!
- cult members when he runs
“He’s a political refugee because of Hillary’s emails and the tan suit!”
I’m guessing he’s worried about his assets being seized once his involvement with criminal money laundering for Russian mobsters comes to light. And emoluments. And using his position as an elected official to enrich himself by having the secret service stay at his properties paying exorbitant amounts above market value. And so on.
That’s what rich people do, they dodge paying taxes.
Try to overthrow democracy in the US? Just $200k bail.
While I would very much like to see him stripped of every cent, bail isn’t really supposed to be a punishment, it’s just insurance that they’re going to show up to court.
At least in theory it should be a matter of how much of a flight risk the person is.
The court holds onto some of their money and as long as they show up they get it back.
Someone facing decades to life in prison or the death penalty is more likely to not show up for court and try to run than someone who’s just looking at a few months or some fines, so the bail is higher. Someone with a history of trying to skip bail or has otherwise given the court reason to think that they might would get higher bail than someone who has never given a reason for anyone to think that they won’t show up, etc.
And in some cases, other factors like income and mental health can also be taken into account to various extents depending on local laws, the judge’s discretion, etc.
Now of course that’s the theory, in practice just about every aspect of our justice system is incredibly fucked up.
Just to spitball a few thoughts about Trump’s situation as I would look at it
Being accused of various crimes related to trying to overthrow the government means the possibility should considered that this may be someone who has little to no regard for the rule of law, and may even be colluding with foreign powers and so may try to flee to another unfriendly country, making him a very significant flight risk.
On the other hand, this is a former president, and major figure in the media. Anyone who cares to can pretty much follow his every move. Hell, it’s Trump, there’s a very real chance that he wouldn’t be able to resist tweeting out his escape plan the night before. It would be nearly impossible for him to flee without someone knowing about it, maybe even one of his closest co-conspirators hoping to earn a bit of leniency for ratting him out. He’s also probably one of the most recognizable humans on earth right now, anywhere he goes someone would recognize him, he’d never really be able to show his face in public again.
He also at least claims to be fabulously wealthy, he could potentially afford to put up many thousands, maybe even millions in bail and barely notice it was gone. If his actually wealth is even half as much as he likes to claim, he could shrug off a couple of million and still be set for life, especially at his age.
So setting an appropriate bail amount for someone like him is a bit complicated.
Personally with a situation as seriously and given that Trump should certainly be able to afford it, I’d tend to agree that the ammount should be far higher, but I also don’t know what the laws and guidelines look like in GA and ultimately they have to keep to whatever those rules are.
I always remember a line Quark said in ds9. A fine just means legal for a price. (I realise a fine a bail aren’t the same thing.)
If he skips town and leaves the country, it’s not his money that’s gone. He’s already the sort who will live with paranoid levels of security so some bail bondsman bounty hunter trying to bring him in is hardly a concern.
This week on Dog the Bounty Hunter:
he doesn’t intend to pay any of it back.
The entire job of Bail bondsmen is to know how to get people to pay back, including breaking legs
Haha I made this comment expecting this kind of response and I am really ok with anything t Bondsmen need to do to get their money back in this instance
Or they’re a MAGA cult member who thinks their righteous leader who 10000% definitely, for sure donated his presidential salary just like he said, so why wouldn’t he pay back the 200k
Or he intends to flee if things are looking bad.
He openly said at a rally last week or so that he, “hates living in America,” and would rather live in France.
I maintain he said France because he couldn’t say Russia, and he couldn’t remember another allied countries name at the time
As if France would have him…
If Trump did flee to France, they would send him right back due to pesky extradition treaty.
Edit: Added if
I bet this is money laundering/bribery kind of scheme. Some actual billionaire likely told the bondsman they would cover the bond regardless, they tell trump it’s covered, trump does whatever the fuck he wants, and the billionaire buys the favor.
I’m telling you, look into the bondsman - that POS probably just got his boat or mortgage unexpectedly paid off.
Lock Him Up
He’s never going to stop committing crimes
Hilary must be laughing her ass off.
He sold Mar-a-Lago. apparently he’s scraping together his money to leave the country.
He didn’t sell it. He transferred it to his son as a “sale”, probably to protect his assets from seizure
Saw that going around. It has been debunked though.
He didn’t sell it to Don Jr?
deleted by creator
The Zillow listing was done in error apparently. Zillow came out and said it was not real.
ITT: So, so many people not understanding bail, or bail bondsmen.
I upvote you…
Mind expand a bit on that, please, then?
Bail is essentially the court saying “give us this money, and when you show up for court you will get that money back.”
A bail bondsmen takes 10% as payment, giving the court the bail money. They will go so far as to hire bounty hunters to hunt you down, making sure you show up to court. When the court gives back the bail, they get to keep both the bail money (obviously) but also the 10% payment.
There’s no loan involved, the bail is more of a hold, and the bond is more of a payment. Trump isn’t paying less, he is literally paying a 10% bond to not have the full bail held. (Though it could be argued that the $180k could be used to make back the $20k but that’s a different discussion.) The bondsman has already received payment, there’s no concern of non payment by Trump.
That’s how it’s supposed to work, but in many counties the bondsman doesn’t actually front any cash to the court, and they don’t get charged if the suspect runs. They operate as a sort of slush fund for the owners, the officials, and the cops.
So these companies are often just another way to siphon money from people accused of a crime.
Super shady stuff.
Cool. So why would a billionaire use a bail bondsman service?
Because he will use other people’s money rather than his own at every chance he can get.
I’m surprised they trust him enough to front the money, honestly. They aren’t getting that money back. Ever.
If he was going to skip town, why would he even show up to get processed? Also, skipping town for the trial would add more charges and they would arrest him the second he stepped back on US soil. It’s not like he travels under the radar… he has a plane with his name on it. His campaign for 2024 would be over if he doesn’t show up. It also implies guilt, that he is running and hiding from something.
This seems low risk for the bail bondsman. It’s too high profile.
He’s trying to become potus again as a Heil Mary
If he feels that he really goes to jail I don’t think he will care about 2024 anymore. And he doesn’t have to leave in his own plane. He still has people who are willing to help him.
In any case I’m sure the bondsman is also his fan and probably wouldn’t even mind losing the money.
Honest but unpopular answer? He might believe he can make more money holding on to the $180k. It’s the same reason why I would take a 2% car loan even if I had enough to buy the car outright. I can make more than 2% just keeping that money in a mutual fund.
That’s possibly what he’s thinking, but making back 20k on 180k (11%) before his trial ends seems like a bit of a tall order. Especially for someone who’s business accumen is a bit suspect. Not necessarily impossible, depending on how long the trial takes.
Of course he may just feel that keeping the capital fluid is a more prudent decision right now. Or he’s broke. No way to be sure ¯_(ツ)_/¯
It’s not so much that this would be a valid (if boring) financial strategy.
It’s the fact that Trump is actually a terrible fucking businessman. To the extent that he makes any money at all, he makes it by borrowing money and resources and then never giving back anything in return. And he STILL lets casinos go bankrupt. He’s completely incompetent, which makes it hard to believe he would take the valid (if boring) strategy of reinvesting the 180k.
$200,000 for him (if he is real billionaire) should be like $20 for us.
That is the real question.
Even if it blew up in their face, I could see a non-sycophant reason for supplying Trump a bond, potentially with sweetheart terms: it would be the ultimate marketing coup within the industry. “We bailed out the highest profile defendant in American history, sure we can help you with your sixth DUI of the week!”
You need to have a loan if you’re not going to pay it back.
Do we even know for sure any money changed hands? Maybe the bail bonds person is a cult 45 member and sees it as service to the dear leader? Admittedly, my bail bonds knowledge is limited to late night cheesy commercials and an episode and a half of dog the bounty hunter, but I got the impression they’re something of a shady character; someone who’d be at home in the cult. No?
I’m pretty sure it’s a cult member, you might be right.
This is the best summary I could come up with:
Donald Trump reportedly used a bail bondsman after being arrested at Fulton County Jail in Atlanta, Georgia, on Thursday, paying $20,000 of his bond set at $200,000 and taking out a loan for the rest of it.
Trump voluntarily turned himself in at the Georgia jail where he was booked on 13 felony counts linked to his alleged efforts to overturn his loss in the 2020 election in the state.
Trump and 18 co-defendants, including his personal lawyer Rudy Giuliani and former White House chief of staff Mark Meadows, are accused of conspiring together in the same election plot, according to the indictment released earlier this month.
“It’s also unusual for a billionaire to post a bond in cash as he did in the E. Jean Carroll’s case instead of getting a commercial insurance company to do it for him, and he couldn’t do it there,” Rubin said.
Earlier this month, the Associated Press reported that Trump’s campaign finances were strained as the former president was dedicating tens of millions of dollars towards his legal defense.
On his campaign website, Trump asks his supporters for a “contribution to evict Crooked Joe Biden from the White House and SAVE AMERICA.”
The original article contains 661 words, the summary contains 199 words. Saved 70%. I’m a bot and I’m open source!
His private jet (a Boeing 757) that flew him from Palm Beach to Atlanta for his booking…costs $15k to $18k per hour to operate, and it’s a 2-hour flight each way (not counting warmup, taxi, and idle time waiting to takeoff). He basically dropped $60k+ for that flight. It doesn’t make sense that he’d need the services of a bail bondsman when he’s dropping $60k for plane rides, or maybe his campaign funds are paying to operate that jet - I wouldn’t be surprised.
Someone else is paying it…?
Trump is just using the first rule of being rich…use other people’s money.
Particularly if you think you might decide to skip out at some point.
