Ocasio-Cortez says there is a ‘risk’ to not seizing Trump’s assets

Rep. Alexandria Ocasio-Cortez (D-NY.) warned Sunday there is a “risk” to not seizing former President Trump’s assets as he faces a looming deadline to post a bond in the $454 million judgment in his New York fraud case.

“I think that what we are dealing with politically is the much larger and much more grave and serious pressure of having this judgment against Donald Trump and him being in this degree of debt and the financial pressures that he is under and what he is subject to do in order to obtain those assets,” Ocasio-Cortez said on CNN’s “State of the Union.”

“I actually think that there is risk in not seizing these assets and the open window that exists in him trying to secure these funds through other means,” she said. “We’ve seen a lot of interesting transactions happening with Truth Social and other means. And there’s a very real risk of political corruption.”

The deadline for Trump to pay the staggering bond amount is Monday in the New York fraud case. If he fails to post a bond, he faces a risk of his assets being seized by New York Attorney General Letitia James — who he has continued to rail against in recent days.

AnUnusualRelic,
@AnUnusualRelic@lemmy.world avatar

You mean Trump could become more corrupt? Is that even a thing?

rigatti,
@rigatti@lemmy.world avatar

I think she’s just trying to put it in real terms. Debt is something that is looked at for government security clearances for exactly this reason. I can’t imagine anyone with $454 million in debt getting any sort of clearance.

blazera,
@blazera@lemmy.world avatar

why…why they talking about it like it’s an option not to?

PhAzE,

She’s saying that not seizing his property,and letting him acquire the funds through alternative means to pay, puts him at risk of being bought. That makes him more of a security risk to the country just so he can keep his assets.

blazera,
@blazera@lemmy.world avatar

She’s saying that not seizing his property

again, why is this being talked about like an option? He’s been ruled to pay, he hasn’t paid by the deadline, by law assets must be seized to cover it.

PhAzE,

Because the bond is not for his property, it is for 464m in cash. They are saying how he gets the money will dictate if he’s in someone’s pocket.

Feathercrown,

His property is part of his value. Courts seize property all the time.

PhAzE,

He can get a loan for the bond. Legally. He could get a loan “from a friend”, legally, but then he might be in debt with that potential bad actor. If he pays with a loan then they can’t go after his property because he paid in full. That’s just how it works.

Feathercrown,

That’a not what he did though is it?

PhAzE,

Currently, he hasn’t done anything but he was trying to get a loan. This article is talking about how they should take his assets instead of letting him get a loan, because if he owes someone else half a billion dollars, he’ll be in their pocket to do as they ask.

Feathercrown,

Ah yeah definitely

Potatos_are_not_friends,

The risk of letting trump get away for so long led us to this BS today.

The risk of not punishing Jan 6 terrorists with the abu ghraib treatment (which as disgusting as it is) is what led to literal Nazis walking around proudly with flags.

Rapidcreek,

Cab drivers in New York City are now referring to Trump Tower as The Tish Mahal. The AG will handle this by Friday,

tacosanonymous,

If I were dealing with a single issue that he’s going through, I would not be able to get a security clearance.

NocturnalMorning,

Your mistake was not running for president first. You can basically do what you want once you’re president, wipe your ass with the constitution, plan political assassinations, dream to your hearts content bcz being president in the U.S. means the laws are made up and they don’t matter, as long as you are or used to be president.

lettruthout,

Yeah, that’s something I’ve been wondering about… So Trump is arguing that Biden should be allowed to assassinate him?

baru,

So Trump is arguing that Biden should be allowed to assassinate him?

Obviously not as that would conflict with: rules for thee but not for me

NocturnalMorning,

Don’t think that’s what he means, but yes, that’s what his argument boils down to.

Viking_Hippie,

Your mistake was not running for president

To be fair, that’s a mistake that the vast majority of people are guilty of.

Nudding,

Shouldn’t have been born poor.

EatATaco,

Untrue. You just have to be elected president. If we remove that, there’s no way he would get security clearance either.

  • All
  • Subscribed
  • Moderated
  • Favorites
  • •
  • politics@lemmy.world
  • fightinggames
  • All magazines
    •