The Federalist An appeals court just gutted New York’s $454 million fine against Trump in ‘a fraud case in which there are no fraud victims.’
It’s pretty clear at this point that Democrats’ main election strategy against Donald Trump has nothing to do with Joe Biden running a savvy political campaign. Instead, they’re attempting to defeat Trump with a series of obviously politically coordinated lawsuits and criminal charges, hoping this will both drain Trump’s resources and any resulting convictions would tarnish him in the eyes of voters. Suffice it to say, this strategy is not working out well for them — Biden hasn’t led in the polls in six months.
And while there’s a lot to be said about the dubious nature of the charges being brought against him, the point has been driven home by the recent decision by a New York appeals court to reduce Trump’s bond in his civil fraud trial from $454 million to $175 million. Or rather, the issue is what no one is saying about this case: It’s such complete bunk that no one among the legion of Trump’s critics in and out of the corporate media is even trying to defend this case on the merits.
To recap: Trump took out loans over several years, as real estate moguls are wont to do. For him to get approved for those loans, the banks did their own due diligence about Trump’s finances and ability to pay back the loans and decided to give them to him. Trump paid back the loans, and everyone made money.
Read Full Article Here…(thefederalist.com)
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