Donald Trump's colossal admission during trial

stopthatgirl7@kbin.social to News@lemmy.world – 372 points –
newsweek.com

Legal analysts say Trump admitted that the intent in financial representations he made was to convince lenders to loan him money.

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He's going to lose hundreds of millions of dollars and control of his real estate properties. That's a serious consequence, particularly for someone who is not actually a billionaire and is seeking office mainly in order to drum up business for his real estate properties.

There's a reason why is acting so outraged right now, and it's because he's not acting.

Wake me up when he's not living a 1% lifestyle.

Lotta folks really want me to be happy with these wrist slaps for Trump. If you are happy with them, I am happy for you. (sincerely so)

I find this all to be woefully insufficient, and am doubtful sufficient consequences will befall him at any point.

If you want Trump to face more than a fine, then you'll have to wait for him to actually be convicted of a crime. That won't happen until next year at the earliest. And while conviction is the most likely outcome, it's not guaranteed.