AOC Shredded for Warning of ‘Risks in Not Seizing’ Trump’s Assets: ‘Plain Ignorant’

Radical Democrat Rep. Alexandria Ocasio-Cortez (D-NY) has humiliated herself yet again after weighing in on President Donald Trump’s civil “fraud” judgment in New York.

During an appearance on CNN’s State of the Union over the weekend, Ocasio-Cortez warned of the “risk in not seizing” Trump’s assets.

AOC was responding to the massive $454 million bond that Trump was ordered to pay.

New York’s Democrat Attorney General Letitia James, who led the get-Trump case, was preparing to seize the 45th president’s assets if he failed to make the payment by Monday.

During her CNN appearence, AOC tried to suggest that Trump would have to do something dangerous to find the money to pay the bond and called for his assets to be seized.

WATCH:

AOC was widely mocked over the statement.

Responding onย “Fox & Friends”ย Monday, Fox News legal analyst Gregg Jarrett called the comments “just plain ignorant.”

Later on Monday, a New York Appeals Court slashed the bond due in NY AG Jamesโ€™s case by more than half.

“I have no idea what she was saying,” Jarrett mocked after watching teh clip of AOC.

“I don’t really think she does.

“You know, trying to make sense of anything AOC says is sort of a favorite Washington parlor game.

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“She has this uncanny ability to talk incessantly while saying absolutely nothing.

“And that is because she is hopelessly uninformed, terminally obtuse, and I think just plain ignorant.

“This is the same person a week ago who said RICO or racketeering is not a crime.

“No sane person takes AOC seriously, which I suppose is why she’s always featured on CNN.”

WATCH:

Trump faced a deadline Mondayย to pay the $454 million penalty in the civil fraud judgment against him or the state of New York will have the opportunity to seize his properties while he appeals the ruling โ€“ though it remained unclear what would happen if he failed to do so.

On Monday, a state appellate court ruled Trump would be required to pay a $175 million bond in 10 days.

In February, a New York judge ruled that Trump fraudulently overstated his net worth and the value of his real estate properties to secure more favorable terms for loans and other transactions.

The judge imposed a fine of $354 million plus interest that took the total penalty to $454 million, which Trump will have to pay outright or post a bond covering the full amount while he appeals the ruling.

Trump has denied that he tried to deceive anyone through the financial dealings in question.

His legal team has appealed the ruling in an effort to allow him to continue his appeal after posting a smaller amount or defer posting the judgment until the end of the appeal.

The appeals court hasn’t issued a ruling on the request.

Trump’s lawyers have said in court filings that Trump’s team has approached over 30 surety companies that could guarantee the bond but have thus far turned him down.

They said that to obtain a bond, Trump would likely have to put up 120% of the judgment, or more than $557 million in this case.

He would need about $1 billion in cash or cash equivalents to collateralize the loan to still have enough capital to operate the business.

READ MORE – Trump’s Truth Social Merger Is a Game-Changer

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By Frank Bergman

Frank Bergman is a political/economic journalist living on the east coast. Aside from news reporting, Bergman also conducts interviews with researchers and material experts and investigates influential individuals and organizations in the sociopolitical world.

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