That is a pretty baffling connection of thoughts/events.
OK, so what's wrong with the statement about 50% of people are below average (assuming we're talking about median here of course)?
It's about the actual definition of below average intelligence, the way IQ scores are designed, and the way that these scores are distributed across the population. Basically, anything from 90 to 110 IQ is defined as average, and half of all so in fact, a much smaller proportion of people (a quarter, roughly) are actually defined as 'below average intelligence'.
eg:
Under 70 [mentally retarded] -- 2.2%
70-80 [borderline retarded] -- 6.7%
80-90 [low average] -- 16.1%
90-110 [average] -- 50%
110-120 [high average] -- 16.1%
120-130 [superior] -- 6.7%
Over 130 [very superior] -- 2.2%
OK, so what’s wrong with the statement about 50% of people are below average (assuming we’re talking about median here of course)?
Conversationally we say ’average’ to mean normal or typical. But in mathematical terms isn’t it adding all the values in a group together and dividing by the number of values? So that can give atypical results as the ‘average’
If you have a group of ten people - 9 of them a quid and one has £1m then on average they all have £100,000 but also 90% or them have a below average amount of money.
But not for long as the millionaire is outnumbered and will soon be dead.
On average, we have fewer than two arms.
That is a pretty baffling connection of thoughts/events.
That's a pretty normal response in the US "Mainstream" Alternative Media space. The likes of Tucker, Info Wars, Ben Shapiro, a good percentage of the the right-wing political output of X/Twitter. It doesn't surprise me at all that Trump shares those views.
martinhutch
Full MemberIt’s about the actual definition of below average intelligence, the way IQ scores are designed,
More than half of all people probably noticed he didn't mention IQ though?
Well, there's a surprise, Trump's trying to delay paying his penalties.
https://twitter.com/SouthPoint1000/status/1760510377622949907
The DA will seize his assets. After all Mar e Largo is worth 1.5 billion isn’t it 🤷♂️
Meanwhile compound interest is running at something like $87,000 a DAY!
All this while Letitia James is taking down the NRA for fraud too.
I find it a little suspicious that in the last 2 days he's launched some very shonkly looking promotions - even for him, which are going to deliver him very little in terms of cash, and are hardly good for his image (although 80's shopping channel host is the look his team are going for?).
I suspect he's having real difficulty rustling-up even the bond part of the fine (or whatever it's called) and has had a rummage in the bottom of his cupboard to see what prototype merch he can suddenly rush out to generate a bit of cash. He has the same energy of an absent father in the toy section of his local Tesco on Christmas eve (please don't ask me how I know).
I suspect he’s having real difficulty rustling-up even the bond part of the fine
A big problem with real-estate based wealth is everything is propping everything else up. The loan to buy property X was underwritten by a security on Propety Y and so on. He also - broadly, owns less that he seams to - he's been a partner in a lot of his projects but tends only have a small stake - just putting his name on the front seems to be his contribution. A lot of his claimed worth he attributes simply to his name being on things and that therefore the value of that thing is due to him.
Trump Tower for instance - he only owns the bit at the top - which he 'lives in' when he can hold his nose and return to New York so gets no imcome from - and the retail space at the bottom - which should be prime retail space given its location but has been untenanted for a while is just a Trump/MAGA merch stall at present. It's the apparent jewel in his crown but it's kind of useless as an asset.
Also each asset is a Goose, not a golden egg. Sell that asset to pay the fine and you don;t just hand over that cast you lose all the income it generates is lost forever - so it becomes a long term wounding of the business.
To try and pay the fine he's going to be staring at this huge pile of Jenga blocks wondering what he can pull out and not have the whole thing tumble down. And every time he goes to pull a block he thinks is a safe bet someones going to say 'actually - that ones not yours'.
What would be funny would be for E. Jean Carrol to buy his properties in the fire-sale with the money he's having to pay here and put her name up in lights instead.
Funny as **** 🤣
The judgement - under state law - provides a 30 day period to pay or come up with the bond if there is an intended appeal.
Unless I've misunderstood - which is entirely possible - trump is asking for a 30 day extension over and above the 30 days he's allowed by law.
If correct, the only appropriate judicial response is...no.
Yeah, but phrasing that in lawyer-speak will be a minimum of ¢1000 an hour. "No" is much cheaper.
As long as it's no!
Oh my god... I suppose this is perfectly logical in conspiracy theory world but I just saw a reposted twitter chat where someone was claiming that Navalny died from the covid vaccine. The evidence? Well they used the magic words "died suddenly" which as we all know is a special secret expression that the media use to tell us that someone died from the vaccine but the government won't let them say that.
Wait until they all get back online AT&T mobile has apparently gone tits up that will start crazy talk of aliens and everything in-between
My gran 'died suddenly' many years ago - and of 'unknown causes'.
That's doubly suspicious - isn't it?
the orange shit gibbon winning bigly
So the 45th President turns out to be.... the 45th President
And then the the 45th will be the 46th
And then the the 45th will be the 47th
And then the the 45th will be the 48th
and so on
And also don't forget anyone buying any of Trumps 'assets' is going to be well aware of how much trouble he's in so they're not going to be buying anywhere full retail price. The only exceptions to that might be the Saudis or the Russians paying a good price to help their mate out. And theres someone from the gov running his affairs in NYC now too so thewy'[ll be doing a closing down sale price rather than solid going concerns just to get the money in a hurry.
Firesale is the term you're looking for.
trump is not known for disposing of assets willingly but now he doesn't have a negotiating position.
If the Saudis choose to get involved - and pay anything like market value - that will be as dubious as their
2 billion support for kushner.
If there are any asset sales or sale'n'lease back arrangements the media will be all over any information released; if sale'n'lease back, the IRS may be interested in the details.
Given the recent judgement, I would expect the retired judge who is overseeing trump org affairs and the (yet to be appointed) director of compliance to demand full visibility - and the right of veto.
In summary, neither trump nor his boys will be able to just do what they want - free of any scrutiny.
trump is not known for disposing of assets willingly
Which is why he buried Ivana on one of his golf courses - having family buried on your land prevents it being seized to pay debts. Trump's going to be eyeing the rest of his relations wondering how quickly he can get any of them into the ground. Now wonder Melania is so illusive.
No expense spared
Surely you mean...every expense spared.
A grave is the only bunker I’d like to see trump dig his way out of with a sand wedge
The judge, he say...no extension donny so the clock is now ticking.
https://edition.cnn.com/2024/02/22/politics/trump-engoron-civil-fraud-order/index.html
Forced Asset sale if he cannot pay
he's appealing - well, he isn't; as usual, he's said he will appeal the judgement.
If he can't/won't, personally, put up the readies he can - in theory - borrow from a bank, use a bond company, put up assets.
Bank or bond company are likely to see him as a potential bad debt and apply extortionate/usurious interest - goody, goody.
His freedom to manoeuvre is constrained by the court appointed independent monitor - former federal judge - and independent compliance ditrector who will be appointed by the monitor.
TBF, this "must pay before you can appeal" system is deeply shitty, and it's created a whole deeply shitty bond industry much like that have with bail bonds where being innocent of a crime can still absolutely financially destroy you and where people simply can't afford or don't dare to appeal.
But on this occasion...
where being innocent of a crime can still absolutely financially destroy you and where people simply can’t afford
or don’t dare to appeal.not roll over and plead guilty before the case even gets to court
FTFY
Sooooo, if he has ran out of time wasting options and doesn’t have the cash, what’s next?
(please say prison!)
This is a civil case, no prison. But isn't the Manhattan DA, Alvin Bragg, eyeing up criminal charges based on all that juicy evidence?
(On top of the Stormy Daniels payoff case).
This is a civil case, no prison.
So even failing to pay court imposed fines wouldn't result in prison, no matter how big the fine? If so, that's disappointing...
I dunno about US law, but in a civil case in the UK, the court would appoint bailiffs to seize physical property and assets, if he refuses to pay the fine or agree to a strict payment schedule set out by the court.
TBF, this “must pay before you can appeal” system is deeply shitty
But isn't unique or new, and Trump's legal team must have known and advised Trump of such. He could of chosen not to make dodgy business deals that landed him ultimately in the situation he now finds himself.
This is a civil case, no prison.
So even failing to pay court imposed fines wouldn’t result in prison, no matter how big the fine?
I've met a person, in prison, who were there following a civil case - they were behind bars because they consistently didn't comply with the outcome or pay the fines imposed. Long time ago now but I think he hadn't paid his council tax.
So Trump wouldn't go to jail because of this trial - but you could in theory be imprisoned for your actions in relation to the trial and its outcomes.
Bit like Chris Huhne managing to go to prison over a speeding ticket
"this “must pay before you can appeal” system is deeply shitty, "
Agreed, but the reverse side is if you are a small person up against a corp with deep pockets it stops you ending up forever in appeals. No obvious solution
I'm surprised disappointed at least one judge hasn't thrown him in prison for contempt of court. I'm pretty sure a lot of other defendants won't have been given anywhere near as much latitude to take the piss as Trump has done...
I’ve met a person, in prison, who were there following a civil case – they were behind bars because they consistently didn’t comply with the outcome or pay the fines imposed. Long time ago now but I think he hadn’t paid his council tax.
That's not a civil law thing. He'd been sent there by a magistrate. Clue is in the word "fine". It's likely because of an obligation from the state to pay your council tax.
Bit like Chris Huhne managing to go to prison over a speeding ticket
He was convicted for perverting the course of justice, not speeding. As was his ex.
Anyway, I've no idea how the yanks do things but it's a fascinating thing to watch
I’m surprised disappointed at least one judge hasn’t thrown him in prison for contempt of court. I’m pretty sure a lot of other defendants won’t have been given anywhere near as much latitude to take the piss as Trump has done…
Yeah, I am so far amazed that the calling a judge corrupt, doesn't bring far higher penalties.
