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[Closed] Donald! Trump!

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According to the reporter on the BBC he can still run for office from a jail cell. Plus ca change!

Yeah the USA isnt that dissimilar from the UK in the assumption that only good chaps would be allowed to run for office.

The UK has somewhat caught up but the USA cant easily for president without a constitutional change which either seemed unnecessary or as now is impossible.


 
Posted : 30/05/2024 11:23 pm
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Id be very worried for my and my families safety if I were a juror.☹️


 
Posted : 30/05/2024 11:23 pm
leffeboy, kimbers, hot_fiat and 3 people reacted
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My guess is he’ll still be the next president.


 
Posted : 30/05/2024 11:24 pm
funkmasterp, dyna-ti, convert and 3 people reacted
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Oh dear, this is catnip for bible belt, flyover states. Putin must ecstatic.


 
Posted : 30/05/2024 11:32 pm
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According to the reporter on the BBC he can still run for office from a jail cell. Plus ca change!

Yeah, but as a convicted felon he now can't vote in his 'home' state of Florida!


 
Posted : 30/05/2024 11:33 pm
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Sentencing July 11

100 lines and no pudding?

So he's now been found guilty of falsifying records for payments to a porn star to cover up sexual encounter whilst his wife was caring for his new born son.

And he's been found guilty in  civil court of sexual assault, oh and then a huge defamation for the appalling things he said about the woman he was found guilty of sexually assaulting.

Forget about the brain dead American voters who have already shown their inability to make reasonable decisions.....exactly how low is Melania's self esteem that she has not walked from this steaming pile of turd?


 
Posted : 30/05/2024 11:33 pm
funkmasterp, franksinatra, BoardinBob and 3 people reacted
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Only once course of reasonable action.

HANG 'IM.


 
Posted : 30/05/2024 11:36 pm
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he can still run for office from a jail cell. Plus ca change!

I'm no expert on US law/politics but in the last election, in Nevada a dead person won the election. He was a republican and he died before the election date but they kept him on the ballot anyway and he won. Utterly insane.


 
Posted : 30/05/2024 11:38 pm
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Right, I'm calling it, Trump is going to lose the GE in November.

His base were always going to vote for him but the more moderate swing voters now will not.


 
Posted : 30/05/2024 11:39 pm
geck0, Del, scuttler and 5 people reacted
 pk13
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Tosspot criminal nothing more nothing less.


 
Posted : 30/05/2024 11:48 pm
Poopscoop and Poopscoop reacted
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rumour is that Melania is soon going to go public about being separated and filing for divorce. That will be brilliant entertainment.


 
Posted : 30/05/2024 11:57 pm
Poopscoop, fasthaggis, MoreCashThanDash and 5 people reacted
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Utterly insane.

To be fair depending on timing that can occur in the UK as well (although it would need to be an independant). It immediately triggers a new election but can still result in them winning.


 
Posted : 30/05/2024 11:57 pm
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franksinatra
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rumour is that Melania is soon going to go public about being separated and filing for divorce. That will be brilliant entertainment.

As long as she has a ghost writer write a reveal all that makes it clear in no uncertain terms Trump has a small willy.

Is she does that, the whole world will have won the lottery.


 
Posted : 31/05/2024 12:07 am
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That speech - especially the ‘people from mental institutions’ bit. It’s all a bit 1937/8 Germany isn’t it? Bloody terrifying if he be manages to get back into office.


 
Posted : 31/05/2024 12:08 am
colournoise, MoreCashThanDash, BoardinBob and 3 people reacted
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Posted : 31/05/2024 12:12 am
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ohndoh
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That speech – especially the ‘people from mental institutions’ bit. It’s all a bit 1937/8 Germany isn’t it? Bloody terrifying if he be manages to get back into office.

The most jaw dropping bit for me was where he mentioned the divisions in the country! Wtaf?


 
Posted : 31/05/2024 12:12 am
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Probation + fine.

Worst thing they might do,is give him community service where he has to work with people he dislikes.

After that, the king is on his throne and it's effectively a coup de' grace should he win, should he lose he goes back to saying it was stolen, in a more roundabout way.


 
Posted : 31/05/2024 12:23 am
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Donald J Trump, you have been found guilty of the charges brought by this court, and it is now my duty to pass a sentence. You are a habitual criminal who accepts arrest as an occupational hazard and presumably accepts imprisonment in the same casual manner. We, therefore, feel constrained to commit you to the maximum term allowed for these offenses: you will go to prison for four years.

Well, here's hoping anyway.


 
Posted : 31/05/2024 12:24 am
thelawman, Cougar, MoreCashThanDash and 5 people reacted
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putin-vladimir


 
Posted : 31/05/2024 12:27 am
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There is no surprise in the 34 guilty verdicts.

The only wrong for Trump is that he got caught, which also demonstrates that he is not very good at managing.  He is good at the big picture but got tripped by the small details.  His real enemy is that he challenges the very powerful shadowy lobbyists knowingly or unknowingly and perhaps because they consider him a "loose cannon" that is difficult to control.

Regardless, the real winner is the very powerful lobbyists who are the "real presidents" behind the scene controlling the American politics and the people or even the world.  These are the same people who also control the Western politics.

Another Democrat President will not be a bad thing because they will continue to sow chaos globally, and perhaps edging closer to a real major war.   It looks like Western politics is sleepwalking into disaster as directed by their shadowy puppet masters.


 
Posted : 31/05/2024 12:51 am
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The only wrong for Trump is that he got caught, which also demonstrates that he is not very good at managing.  He is good at the big picture

He isnt. He has spent his life bullying "little people" in court. Dealing with porn stars and smallish construction firms who after he screws them over go to their lawyers who being equally small and dependant on word of mouth rather than saying yes lets sue him explain to their clients whilst they are in the right ultimately Trump can outspend them and so its better to cut their losses now and either take some cash or just take the hit.

Now though he has stepped into an arena with people who have rather more than their kids college fund available to them and so can turn around and call his bluff.

His real enemy is that he challenges the very powerful shadowy lobbyists

Uh huh. Do they have space lasers by any chance?


 
Posted : 31/05/2024 1:13 am
sillyoldman, kimbers, sillyoldman and 1 people reacted
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bearnecessities
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My guess is he’ll still be the next president.

I think this could be the moment it turns around tbh. It'll make no difference to most democrat voters though it may well motivate some few to vote who might not have bothered, and it'll make little difference to republican voters since at this point they're all either mental, or completely reconciled to voting for a human dogshit, the only people it'll hit there is people with some weird "criminal conviction" red line but it won't make much difference to most. And even more so for republican politicians, a bunch will make noise and then come round to supporting him anyway after pointless tokenism.

But for floating voters and nonvoters, ie, apolitical people, disenchanted and disgusted people, and actual idiots, I can only see it going one way and things are so ridiculously divisive now that they're more important than ever. And turnout could be absolutely massive in some key states. Like, people forget that Biden took more votes in Texas than any winning candidate ever except from Trump in that same election- it's just that voter numbers and turnout were also record high.

TLDR I can't see many people switching from red to blue but I can definitely see people switching from red to none and from none to blue in much greater numbers than the other way.


 
Posted : 31/05/2024 1:22 am
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Now though he has stepped into an arena with people who have rather more than their kids college fund available to them and so can turn around and call his bluff.

Yes, the lobbyists.  They control the American politics.

Uh huh. Do they have space lasers by any chance?

Space lasers?  The main question staring back  to Western politics is very simple. Why do American and British politicians (all parties) or even the "entire" West continue to consider it legitimate to support a regime that is trying decimate the Palestinians?


 
Posted : 31/05/2024 1:27 am
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exactly how low is Melania’s self esteem that she has not walked from this steaming pile of turd?

Are we still pretending that she's his wife, and not an employee?  At best, she's a prop.


 
Posted : 31/05/2024 1:46 am
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With respect Chewk, perhaps what's happening in Gaza needs to be in a separate thread.


 
Posted : 31/05/2024 1:47 am
felltop, fasthaggis, sillyoldman and 11 people reacted
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trump, same as leonara helmsley, believed that the law only applies to little people - meaning those people they considered to be ordinary and of no significance; not those short in stature.

The same people who founded them both guilty.

She was proved wrong and the same now applies to him.


 
Posted : 31/05/2024 1:48 am
kimbers and kimbers reacted
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TBH, I don't feel any real sense of schadenfreude with Trump being convicted, I feel incredibly sad that such a person was able to dupe enough people to support him in the first instance.


 
Posted : 31/05/2024 1:53 am
MoreCashThanDash, kimbers, Drac and 3 people reacted
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trump, same as leonara helmsley, believed that the law only applies to little people – meaning those people they considered to be ordinary and of no significance; not those short in stature.

Precisely - he believes that with money you can buy anything.  And to be fair, his track record shows that to be mostly true - he's used his cash to buy himself out of so many situations, where somebody without it would have been met with severe consequenses.

His political career has seen him lie with impunity after realising (along with Boris and his ilk in the UK) there are absolutely no meaningful consequences for doing so - until now.... maybe...... we will see

TBH, I don’t feel any real sense of schadenfreude with Trump being convicted, I feel incredibly sad that such a person was able to dupe enough people to support him in the first instance

100% agree.  The problem is even that Trump ends up as a busted flush - disgraced and penniless, the "base" that supported him still exists, and will be just floating there, waiting for somebody to pick up the playbook that Trump/Bannon et al have written, and hook them with it again.


 
Posted : 31/05/2024 1:59 am
Poopscoop, kimbers, kimbers and 1 people reacted
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trump, same as leonara helmsley, believed that the law only applies to little people – meaning those people they considered to be ordinary and of no significance; not those short in stature.

It's America, the land of plenty and grab whatever they can.

The politicians on both sides take advantage of their power to bully the weak, and their business culture is the same.


 
Posted : 31/05/2024 2:01 am
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trump, same as leonara helmsley, believed that the law only applies to little people

To be fair they are right a lot of the time. Its just occasionally they find someone who has an as large or larger fund for lawyers.


 
Posted : 31/05/2024 2:02 am
kimbers and kimbers reacted
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trump has always seen himself as the biggest dog in the fight; bully, threaten, see you in court etc - all to be seen as a winner

Wrong.

There is no bigger dog than the US government.


 
Posted : 31/05/2024 2:11 am
Poopscoop, kimbers, kimbers and 1 people reacted
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100% agree.  The problem is even that Trump ends up as a busted flush – disgraced and penniless, the “base” that supported him still exists, and will be just floating there, waiting for somebody to pick up the playbook that Trump/Bannon et al have written, and hook them with it again.

Yep.  The Citizens United vs FEC  ruling removed campaign donation limits, which in turn meant that a few well heeled individuals can pony up enough cash as a policy incentive to dwarf the spending power of the 99%. The fact that quite a few of Trump's megadonors appear to want to continue to support him speaks volumes.


 
Posted : 31/05/2024 2:20 am
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frankconway
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There is no bigger dog than the US government.

Which isn't entirely reassuring, when you're dealing with a criminal, disgraced, failed former president who has a very real chance of being a criminal disgraced failed president.


 
Posted : 31/05/2024 2:57 am
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Are we still pretending that she’s his wife, and not an employee?  At best, she’s a prop.

Rather, I think Dementia Don is her piggy bank, just someone to tolerate (just), while enjoying the trappings of his lifestyle. In pretty much every photo I’ve seen of them together, her face is an expressionless mask. She’s no dummy, and I’m sure she’s just waiting for the right moment to drop the hammer and announce the divorce she’s been planning for this situation.

She’s almost certainly not short of money, I’ll bet she’s been squirrelling away money for years, while letting Don pay for everything.


 
Posted : 31/05/2024 3:20 am
kimbers and kimbers reacted
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I wonder what so many criminal convictions does for his credit rating? Could banks call in loans early? Will his House of Cards collapse spectacularly?

Let's hope so...

Technically, he's now barred from entering Canada. I bet there's some other countries have similar rules...


 
Posted : 31/05/2024 6:02 am
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The gag order is still in place BTW. Any further efforts to attack witnesses etc could see problems for Felony Don.


 
Posted : 31/05/2024 7:24 am
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And even more so for republican politicians, a bunch will make noise and then come round to supporting him anyway after pointless tokenism.

Sadly it looks like the grandees of the Republican party bypassed the noise and pointless tokenism and went directly to shaming themselves on the court steps. I wonder if any of them wake up in the morning and look at themselves in the mirror and wonder how it came to this.

Whilst the prosecution system is politicised in the states, which to my European eyes in madness, the concept of an entire political party the size of the GOP denigrating the justice system is one of the most worrying aspects of this. Hands up who wants to be a juror at the moment?


 
Posted : 31/05/2024 8:19 am
funkmasterp, Murray, matt_outandabout and 5 people reacted
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Disappointed, they really, really should have had his sentencing date set for the 4th of July 😉 😜


 
Posted : 31/05/2024 8:27 am
funkmasterp, leffeboy, kimbers and 3 people reacted
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Whilst the prosecution system is politicised in the states, which to my European eyes in madness, the concept of an entire political party the size of the GOP denigrating the justice system is one of the most worrying aspects of this.

I suspect this will come back over the coming years in civil unrest and individual actions as anyone who doesn't like the result of a prosecution decides to object...


 
Posted : 31/05/2024 8:31 am
convert and convert reacted
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Thoughts and prayers

Thoughts and ****ing prayers


 
Posted : 31/05/2024 8:34 am
funkmasterp, kimbers, funkmasterp and 1 people reacted
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It's definitely affected the odds (in Biden's favour by about 3%) but Trump is still very much the favourite

https://electionbettingodds.com/President2024.html#chart

We'll see what happens but unless this turns into a trend and not just a blip I'm not getting my hopes up.


 
Posted : 31/05/2024 8:36 am
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given that Trump has given the GOP control of Scotus, they'll back him even if he turns out to have been murdering babies all this time.


 
Posted : 31/05/2024 8:51 am
kimbers and kimbers reacted
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given that Trump has given the GOP control of Scotus, they’ll back him even if he turns out to have been murdering babies all this time.

Did he though? He just happens to have been the Republican president in the hot seat when some of the old guard croaked. And I'd contend plenty of other republican candidates would have been successful in 2016. Statistically they were probably due a win and the Dems had offered up Hilary Clinton who is quite hard to love. He wasn't some sort of Messiah doing something no one else could have done. He just did it in such a divisive way (mainly by weaponising the cheb-ends with fears and dillusions) as to fundamentally change the political landscape.....possibly in a way that will take a couple of generations to undo.


 
Posted : 31/05/2024 9:00 am
 Drac
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IMG_1249


 
Posted : 31/05/2024 9:02 am
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All great news, but is it going to stop him doing anything?
Suspect it won't stop the presidential attempt...would be great if it did, but unlikely I reckon - but if it did, who would be stepped in? He won't do jail time...


 
Posted : 31/05/2024 9:17 am
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what I can’t figure out is that, barring Hilary Clinton, the democrats could roll out pretty much anyone as their candidate and trump wouldn’t have a chance . They must know this.

If Biden really had America’s best interests at heart he’d step down gracefully and let someone hand trump his arse.


 
Posted : 31/05/2024 9:35 am
funkmasterp, steveb, funkmasterp and 1 people reacted
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Sadly that was probably true about a year ago but it's now too late - both procedurally and in terms of public exposure.


 
Posted : 31/05/2024 9:42 am
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what I can’t figure out is that, barring Hilary Clinton, the democrats could roll out pretty much anyone as their candidate and trump wouldn’t have a chance . They must know this.

That just isn't correct. Bidens best ally, and Trumps biggest risk is the sofa. Disgruntled Trump voters won't move elsewhere, they certainly won't jump to Dems, they will just stay at home and not vote. But they hate Clinton, like really, really hate her. Passionately hate her.  So much so that they would get off the sofa and vote for Trump, not because they want Trump to be President but because they really don't want Clinton to be President.


 
Posted : 31/05/2024 9:46 am
funkmasterp, leffeboy, funkmasterp and 1 people reacted
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both procedurally and in terms of public exposure.

On the first point, they could still have a contested Convention (think the last one was in 68).

On the second point, probably.  But if it becomes clear Biden is not going to manage a campaign then they need to at least think about it.


 
Posted : 31/05/2024 9:47 am
 kilo
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So much so that they would get off the sofa and vote for Trump, not because they want Trump to be President but because they really don’t want Clinton to be President.

That’s why he said “barring Hilary Clinton”.


 
Posted : 31/05/2024 9:49 am
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as mentioned above it won't stop him, will enable more fundraising and he won't do time but it will move the middle group voters and that is where the huge battle ground is.  In the days of single issue politics (Gaza is enough to ensure some people will never vote for Biden - yes, I know)  having an issue like this that can be micro targed to the right swing voters is a great tool for the Democrats to have in their toolbag


 
Posted : 31/05/2024 9:50 am
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I guess we also have to remember how toxic a Trump endorsement was in the mud terms too. There might just be enough voters in the right places with some level of decency to ensure he's on the way to a care home and not the white house.


 
Posted : 31/05/2024 9:57 am
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Melania, please do the right thing here.

File for divorce in September / October....


 
Posted : 31/05/2024 9:58 am
Poopscoop, convert, matt_outandabout and 5 people reacted
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@franksinatra

agreed.. which is why I said ‘ barring Hilary Clinton’


 
Posted : 31/05/2024 10:23 am
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agreed.. which is why I said ‘ barring Hilary Clinton’

my bad, I didn’t read your post properly.
i agree with Badger!


 
Posted : 31/05/2024 10:43 am
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given that Trump has given the GOP control of Scotus, they’ll back him even if he turns out to have been murdering babies all this time.

Did he though? He just happens to have been the Republican president in the hot seat when some of the old guard croaked.

He 'achieved' it - but only because he's an empty vessel. Any other Republican president would have had their own ideas about who they might or might not nominate, others did that for Trump. Trump had no idea about Supreme Courts  or anything else - the consistent them of his presidency was a Whitehouse that mainly consisted of unfilled senior roles because he had no idea who to fill them with. Hundreds of key Whitehouse posts were vacant during his presidency, for no reason other than he didnt have the first idea who to appoint. Why would he, he's a game show host. Once he'd run out of members of  his own family there were still another 3000 jobs to fill.

His political naivety meant a few shrewd operators were able to use him as a door mat - get themselves into the Whitehouse, and use their position to make the appointments that suited them, many of them lifetime appointment,  and quietly sidle off without anyone noticing - least of all Trump. Putting themselves and their allies on court benches was their main objective and it worked. For all the fall out and legal strife that has befallen Trump and his cronies nobody is talking about Jones Day who helped get him into the Whitehouse, used him to get themselves in, did what they wanted, took what the wanted, and quietly left. They are now a legal firm who can represent you with in a case with the compelling USP that the judge that is overseeing the case owes their company their job and may even be a former Jones Day employee.

The people who did notice are the Heritage Foundation - and if Trump does get reelected theyre primed to echo what Jones Day did, but do it in every department and every strata of the legislature. Not just primed - they are shouting it from the rooftops. And Trump will, again, willingly, let them walk in over him, do whatever they want, and wipe their shoes on him on the way back out.


 
Posted : 31/05/2024 11:38 am
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😂😂😂

https://twitter.com/PoliticsJOE_UK/status/1796472822388453674

https://twitter.com/PoliticsJOE_UK/status/1796472822388453674

(Edit:Why does it not embed?)


 
Posted : 31/05/2024 3:13 pm
crossed, burntembers, andy4d and 33 people reacted
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(Edit:Why does it not embed?)

@matt_outandabout

I can see it, but whenever I try to post Twitter posts, all I can see is the link. I assumed nobody else could see them either, but it may be that you can't see the links that you post, but others can.

Here's the one you posted, can you see it?

https://twitter.com/PoliticsJOE_UK/status/1796472822388453674

Edit: All I can see from mine is the link, not the embedded post.


 
Posted : 31/05/2024 3:44 pm
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Matt's works for me, but Thols2's doesn't - no idea why

I've seen others say it's better to share twitter.com links, rather than x.com to get them to embed reliably


 
Posted : 31/05/2024 4:00 pm
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Matt's didn't originally, but now it does. It's the only one in a while (days maybe) I've seen that works.


 
Posted : 31/05/2024 4:16 pm
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Politics Joe have done well there, that is ace.


 
Posted : 31/05/2024 4:18 pm
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Is it just me that finds it slightly ironic that now he's a convicted felon he can't legally own a gun but he can have the nuclear codes?


 
Posted : 31/05/2024 5:03 pm
pisco, thols2, andy4d and 9 people reacted
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Anyone listening to the speech. nutter


 
Posted : 31/05/2024 5:14 pm
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Live from Trump Tower…

IMG_0531


 
Posted : 31/05/2024 5:22 pm
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He must be on some top notch blood pressure and statin meds. For all the odious character that he is, you'd think all the courtroom drama, guilty verdicts and some more juicier trials waiting in the wings. It must be putting his anxiety and stress levels through the roof.

Shame they don't dive him Smartie placebo's!


 
Posted : 31/05/2024 5:50 pm
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WTF did I listen to in that speech? Rambling, incoherent, I genuinely worried about his mental heath.


 
Posted : 31/05/2024 6:20 pm
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I was driving and the whole thing was live on R5. Laughed out loud at the Chinese army invasion over the southern border with their primus stoves and brand new mobile phones. What is he on about?


 
Posted : 31/05/2024 6:31 pm
thols2, funkmasterp, MoreCashThanDash and 5 people reacted
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He must be on some top notch blood pressure and statin meds. For all the odious character that he is, you’d think all the courtroom drama, guilty verdicts and some more juicier trials waiting in the wings. It must be putting his anxiety and stress levels through the roof.

He might one of the least appealing human beings I am aware of but you do have to admire his genes - to eat a diet of shit and put the levels of stress through his body he does in his late 70s is remarkable. I really wish he was cozied up with a blanky and an ovaltine mind.


 
Posted : 31/05/2024 6:46 pm
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Assuming any appeals fail what will actually happen. I very much doubt the secret service will allow him to goto prison which means a fine. How big would it have to be to make any difference. He could still campaign and win the presidency


 
Posted : 31/05/2024 6:48 pm
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 I very much doubt the secret service will allow him to goto prison which means a fine.

The secret service don't decide whether he goes to prison, they would just be tasked with protecting him within prison.

Realistically, it's a white collar offence. A prison offence would be unlikely, an ankle bracelet and home detention much more likely.

However, he has made a point of pissing off the judge and jury so the judge might just decide to make an example of him and send him down. Who knows, uncharted territory.


 
Posted : 31/05/2024 7:10 pm
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I very much doubt the secret service will allow him to goto prison

The secret service have already said that their job is to protect wherever he goes, and they have plans in place.


 
Posted : 31/05/2024 7:56 pm
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Doubt he will get prison time but community service a possibility. Trump in an orange jumpsuit picking garbage at the side of the road would be worth seeing.


 
Posted : 31/05/2024 8:01 pm
funkmasterp, convert, matt_outandabout and 3 people reacted
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He‘d turn that into a positive in the eyes of his potential voters.


 
Posted : 31/05/2024 8:07 pm
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That politicsJOE vid is utterly amazing. 😂


 
Posted : 31/05/2024 8:14 pm
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Screenshot 2024-05-31 205743


 
Posted : 31/05/2024 9:59 pm
crossed, reeksy, funkmasterp and 25 people reacted
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Trump in an orange jumpsuit picking garbage at the side of the road would…

…if he could lower himself to doing it…almost certainly win Trump the election.


 
Posted : 31/05/2024 10:34 pm
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 I very much doubt the secret service will allow him to goto prison which means a fine.

The secret service don’t decide whether he goes to prison, they would just be tasked with protecting him within prison.

Secret service protection for ex-presidents isn't a written in tablets of stone. In fact it has only been since the early 60s that the Secret Service protection continued after leaving office at all - and only for 'a reasonable amount of time' - which at the time was considered to be 6 months.

That was later extended lifetime protection. Then in the 90s it was reduced to 10 years. Then in 2012 it was extended to lifetime again

The brief for protection is constantly changing. In Obama's case - he was seen to be such an assassination risk he was  given Secret Service protection before he was even the nominee.

So theres every opportunity to vary the provision made for Trump - he and his family have already rack up 10 times the annual  bill of for protected travel that Obama does mostly by using the service to facilitate their travel of various family member to Trump golf resorts. It's quite possible they are sick of the sight of him and would happily let the prison service baby sit him for a while.

The Secret Service decide how they want to do their job, Congress grants their request.


 
Posted : 01/06/2024 8:27 am
Del and Del reacted
Posts: 13482
Full Member
 

…if he could lower himself to doing it…almost certainly win Trump the election.

Oddly in the American system there is a pause between the sentence and the serving of the sentence - 6 months. So if he gets a prison sentence on July 11th he would not walk into the prison until after the election. What I don't know is if community service or house detention would be delayed massively too. Apparently the maximum available to the judge is 4 years or the laughably insignificant $5K. If if that's $5K for each of the 34 convictions, that's still less than one day of lawyer fees for Trump.


 
Posted : 01/06/2024 9:06 am
Posts: 12305
Full Member
 

From the Manchester Guardian, an article about the truth social share price...

Net losses at Trump Media widened from $210m to $328m in the first three months of this year. Revenue dropped 31% to $770,500 over the same period.

Now I'm no city whizz kid, but that doesn't seem like a sound business to me. And he's encouraging people to buy shares.  That sounds dodgy to me, and possibly a future law suit for insider trading or similar.


 
Posted : 01/06/2024 3:04 pm
Posts: 23557
Full Member
 

Net losses at Trump Media widened from $210m to $328m in the first three months of this year. Revenue dropped 31% to $770,500 over the same period.

Now I’m no city whizz kid, but that doesn’t seem like a sound business to me.

It's perfectly sound business.... on its own terms. 'Truth Social' has the turnover and staffing needs equivalent to a single branch of macdonalds. It's basically a forum, not dissimilar to this one, there aren't technology parks full of developers breaking new ground, there aren't giant server farms consuming gigawatts of electricity to cope with the volumes of webtraffic , it just a website with not that many users. So what do you think they are spending $100,000,000 dollars a month on?

What the business is  very active in doing is paying its 'executives' tonnes of money - it pays Devin Nunes - 'the stupidest man in congress' a salary of $1,000,000 and a retention bonus for $600,000 plus about $5m of stock  for doing... erm not sure. He says nice things about Trump though.

The whole business exist to shovel money into a handful of  peoples pockets. Its a tiny business that does next to nothing, employs hardly anyone but has a list of CEOs CFOs and other 'executives' as long as your arm - Kash Patel, DJ Trump Jnr, Dan Scavinio, and so on and dozens more that aren't named in its returns - all taking large salaries and bonuses.  Those hundreds of millions of 'loses' aren't being 'lost', its not expenditure or investment or R&D, its not the costs of doing business , it's all just being trousered by trump's pals.


 
Posted : 01/06/2024 6:17 pm
thols2, leffeboy, leffeboy and 1 people reacted
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