Reducing the Bond was not "Rich Man's Privilege"

[angrychair]

31. It is privilege

The number decided on by the court, the $400+ million dollars, is a specific calculation, a claw back amount, it's not arbitrary or compensatory. It represents the real harm to the state.
The $175 million is a 62% reduction is the bond requirement by law for appeal.
If he skips then the state only gets 38% of the claw back it was owed. Most of Trump's properties are heavily leveraged and most commercial property is worth a fraction of what it was worth even a decade ago , if it can be sold at all.
It could require selling off significant properties to muster the entire $500 or so dollar debt.

The other piece that doesn't get nearly enough attention, is that the appeal court also struck the prohibitions around his ability to do business and get loans in the state of New York. As well as for his sons. I personally think that is a much bigger deal.

To me it signals that the Appeals Court may be more sympathetic to trump and his ability to win on appeal.

At the end of the day, my frustration is not with this single incident. Its the accumulation of privilege over the years that goes back decades.

Trump just has this ability to walk between the raindrops and to say it is anything but privilege is an insult to all the poor and disenfranchised that struggle with a justice system that is overtly weighed against them from the beginning.