Close Menu
  • Home
  • World News
  • Latest News
  • Politics
  • Sports
  • Opinions
  • Tech News
  • World Economy
  • More
    • Entertainment News
    • Gadgets & Tech
    • Hollywood
    • Technology
    • Travel
    • Trending News
Trending
  • Circumventing SWIFT & Neocon Coup Of American International Coverage
  • DOJ Sues Extra States Over In-State Tuition for Unlawful Aliens
  • Tyrese Gibson Hails Dwayne Johnson’s Venice Standing Ovation
  • Iran says US missile calls for block path to nuclear talks
  • The Bilbao Impact | Documentary
  • The ‘2024 NFL Week 1 beginning quarterbacks’ quiz
  • San Bernardino arrest ‘reveals a disturbing abuse of authority’
  • Clear Your Canine’s Ears and Clip Your Cat’s Nails—Consultants Weigh In (2025)
PokoNews
  • Home
  • World News
  • Latest News
  • Politics
  • Sports
  • Opinions
  • Tech News
  • World Economy
  • More
    • Entertainment News
    • Gadgets & Tech
    • Hollywood
    • Technology
    • Travel
    • Trending News
PokoNews
Home»World Economy»NYC Bonds Are In Promote Mode
World Economy

NYC Bonds Are In Promote Mode

DaneBy DaneFebruary 23, 2024No Comments5 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
NYC Bonds Are In Promote Mode
Share
Facebook Twitter LinkedIn Pinterest Email


COMMENT: Hello Martin.

 

Thanks for the “astute lawyer” praise. That was very good, and coming from you, it is extremely significant to me.

The Epoch Instances headline in your “NYC Out of Management” put up calls the greenback a part of the decision in opposition to the Trumps a “penalty.” It has additionally been referred to as a “nice,” however I haven’t but seen it referred to as “damages” in a headline. I believe Hochul, Engoron, and James know that the quantity was primarily based on a harm evaluation and calculation that won’t maintain up. New York Government Regulation § 63(12) clearly reads that the lawyer basic “might apply…for an order…directing restitution and damages…”. [Emphasis mine.]

New York proved math calculations, not precise damages, the place the broken occasion needed to be made entire. Had the statute recited a listing of fines, they’d in all probability be in a extra sound place, however their place now’s what I might name “too dicey for consolation.” I might seize nothing on this state of affairs as a result of there are too many circumstances of improper seizures to fret about. The verdicts in opposition to those that seize property in error or improperly or rapidly in a flawed or tainted case are many occasions bigger than the quantity of the cash judgment used to grab and promote the property of the defendant.

Moreover, if New York has somebody operating the Trump companies, and may she or he destroy or harm the companies, the state might be liable for a lot of, many occasions the quantity of the decision/judgment in opposition to the Trump household. Trump may wind up seizing the state capitol, the governor’s residence, and so on., plus having his property returned to him. I’ve seen this occur. As soon as, the State of Louisiana overreached, and as soon as, the U.S. authorities was a litigant in opposition to a billionaire oil man, banker, and pal who couldn’t get the IRS to return his multi-million greenback overpayment of taxes. He lastly had sufficient, and he seized the Hale Boggs Federal Courtroom Constructing. He obtained his cash a day later.

Maybe by dancing round precisely what authorized precept the quantity of the cash verdict/judgment is predicated on (i.e., damages, fines, penalties [i.e., a payment imposed as punishment], no matter), the Hochul, Engoron, James enterprise has walked right into a lure. The Eighth Modification prohibits extreme fines. In the event that they keep the quantity is completely primarily based on the precept of damages, how can they present a diminution of the state being “entire” (or “wholeness” if you’ll) owing to Trump’s actions with third events. In the event that they keep the quantity of the decision/judgment is predicated on a correctly enacted and printed nice or penalty, then they have to face the Eighth Modification.

For my part, Hochul, Engoron, and James are whistling previous the graveyard. They’ve put their careers on the road, and the cube are tumbling.

 

Finest regards, and thanks once more.

 

EGM

Docket Sheet Sealed

REPLY: That is so political it smells, and simply because this Choose, who will not be certified to evaluate a turtle race, merely decrees, they suppose they’re God, and everybody should bow right down to them and kiss their ring. It’s so uncommon to discover a first rate choose in New York. Choose Lawrence McKenna noticed what they have been doing and tried to guard me. The federal government went to the Chief Choose to take away him after which sealed the document.

Civil Unrest 2023

The DA belongs in jail with the governor and this disgusting choose. This DA is bragging that she’s going to now seize Trump Tower. When the pc projected that the 2024 election can be intermixed with critical civil unrest and that neither facet would ever settle for the end result, as we draw nearer and nearer to this date with future, it’s wanting very, very darkish certainly.

DJIND M Array 2 15 24

 

The pc is projecting a panic cycle in September, rising volatility in October, and October can be a vital turning level heading into the 2024 election. We must always now not have the motto – Gold Bless America – it ought to be modified to – God Save America. These LEFTIST are destroying the very basis of regulation; with out that, civilization can now not exist. That’s the testimony of historical past – not my opinion.

NEW YORK IS DOOMED

Bond traders have piled into New York Metropolis’s tax-exempt bonds, lured by their comparatively excessive yields. Nevertheless, with a $7 billion funds deficit spiraling prices of sheltering asylum seekers and different migrants which have sought refuge in New York on high of this collapse within the rule of regulation, NYC is a promote – not a purchase. Wall Road income are declining, and with them, there are looming job cuts at main funding banks. Many are migrating to Florida, which places strain on metropolis tax income. New York’s fiscal outlook is a catastrophe. That implies the town’s basic obligation bonds aren’t significantly engaging at present valuations – they’re a promote.



Supply hyperlink

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous Article‘Hen Fingers And Pudding Cups’: Trump Marketing campaign Hammers Ron DeSantis Over Non-public Name Saying He Will not Be VP
Next Article AT&T Is Down. How Do I Make a Name?
Dane
  • Website

Related Posts

World Economy

Circumventing SWIFT & Neocon Coup Of American International Coverage

September 3, 2025
World Economy

America’s Corn Belt Dilemma | Armstrong Economics

September 2, 2025
World Economy

The US State Closely Invested In Israeli Warfare Bonds

September 2, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks
Categories
  • Entertainment News
  • Gadgets & Tech
  • Hollywood
  • Latest News
  • Opinions
  • Politics
  • Sports
  • Tech News
  • Technology
  • Travel
  • Trending News
  • World Economy
  • World News
Our Picks

Did advanced life on Earth start 1.5 billion years earlier? Tech & Science Each day

July 30, 2024

Lawyer for Steve Bannon Points Assertion Following Court docket of Appeals Resolution | The Gateway Pundit

May 11, 2024

Sombre temper after a Kolkata rape and homicide dampens Durga Puja celebrations | Crime

September 28, 2024
Most Popular

Circumventing SWIFT & Neocon Coup Of American International Coverage

September 3, 2025

At Meta, Millions of Underage Users Were an ‘Open Secret,’ States Say

November 26, 2023

Elon Musk Says All Money Raised On X From Israel-Gaza News Will Go to Hospitals in Israel and Gaza

November 26, 2023
Categories
  • Entertainment News
  • Gadgets & Tech
  • Hollywood
  • Latest News
  • Opinions
  • Politics
  • Sports
  • Tech News
  • Technology
  • Travel
  • Trending News
  • World Economy
  • World News
  • Privacy Policy
  • Disclaimer
  • Terms of Service
  • About us
  • Contact us
  • Sponsored Post
Copyright © 2023 Pokonews.com All Rights Reserved.

Type above and press Enter to search. Press Esc to cancel.

Ad Blocker Enabled!
Ad Blocker Enabled!
Our website is made possible by displaying online advertisements to our visitors. Please support us by disabling your Ad Blocker.