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Monday
Feb192024

TRUMP - THE SNEAKY SNEAKER KING

Former President Trump has been ordered to pay $355 million in fines in a civil fraud trial in New York -  Judge Arthur Engoron found that Trump had approved the overvaluation of his New York properties and exaggerated his net worth in order to secure loans and business deals.

The valuation of Trump's well-known properties cited in the ruling by Engoron included the Mar-a-Lago residence in Palm Beach, Florida, the triplex apartment at Trump Tower and 40 Wall Street -in New York City.

Trump, the former 45th President of the United States, could face the reality that many of his properties would be sold by the government at "fire sale prices" if he refuses to pay the fine issued to him at the civil fraud trial in New York. The hard-hitting ruling also fined Trump associates- including his dullard sons Donald Jr. and Eric, banning the former president "from serving as an officer or director of a New York company for three years".

"Can he stiff them? No," explained John Dean, counsel under Richard Nixon during the Watergate scandal. "What's going to happen is the attorney general will come in, they'll seize the properties and they will liquidate them at fire sale prices... that will take more buildings than he could probably negotiate."

Trump's wild response was to have a Wild Sneaker Sale.

Former President Trump stopped by at "Sneaker Con" at the Philadelphia Convention Center to promote his new $399 Trump-branded sneakers at “Sneaker Con” - the footwear gathering marketed as the “The Greatest Sneaker Show on Earth.”

Trump was greeted with loud boos and cheers at the Philadelphia Convention Center when he introduced "the first official Trump footwear". 

The leading Republican presidential candidate, our 47th president of the United Stated - if reelected - needs to be seen wearing shiney gold high top shoes -  being sold as "Never Surrender High-Tops" - the complete marketing trifecta of Sports, Politics & Fashion. 

 

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