Saturday, May 4, 2024

Opinion | Trump’s Big Loss in a New York Court

To the Editor:

Re “Trump Must Pay $355 Million Fine in New York Case” (entrance web page, Feb. 17):

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It is obvious that Donald Trump is an inveterate scofflaw and can proceed to be; he displays no proof of regret. As he has instructed us in some ways, he’s going to proceed this conduct without reference to whether or not he returns to political energy.

But too many of us are directly to his conduct; he’s going to spend the remainder of his lifestyles being delivered to justice for his proceeding peccadilloes. He can be sensible to take his diminishing bag of marbles and retire to his Florida kingdomlet whilst he can nonetheless experience being a little king, clothed or now not.

Frederick Nicholas Naftolin
Woodbridge, Conn.

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To the Editor:

The huge fines and criminal bills incurred by way of Donald Trump is also designed to switch his conduct, however they gained’t. He most likely perspectives them as fund-raising alternatives. A donation of most effective $15 from part of the 74 million individuals who voted for him in 2020 would bail him out and permit much more fraud and defamation.

If you’re taking into consideration a donation to the Republican National Committee or Mr. Trump, please save your cash. To use a favourite Republican mantra, it’s time to “starve the beast.”

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Jay Lynch
Pittsburgh

To the Editor:

To deal with a wholesome banking machine and financial system, it is very important debunk Donald Trump’s power declare that his fraudulent asset valuations had been risk free as they brought about no monetary harm to his lenders.

If we sit down on our palms and do not anything about debtors and banks taking and making loans sponsored by way of overrated property, we heighten the catastrophic chance of a financial institution going bancrupt because of having insufficient, overrated collateral to protected massive loans if and when a default happens.

Tolerance of that is a risk to the banking machine as a entire and to the nationwide financial system as a result of what begins as a unmarried financial institution failure can metastasize into a cascade of banking machine crashes.

The heightening of catastrophic chance to the nationwide financial system is a a long way cry from being risk free.

William August
Cambridge, Mass.

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