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Posted
14 hours ago, skybert said:

Micheal or his bitch Barrie?

You mean Michael?  Lol.  Hes so strong and beautiful.  If you disagree, you are a racist and whatever sexual-fantasy-phobe is not cool at the moment.  

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Posted

Progressive leftists not remotely living what they demand of everyone else, how shocking. Complete shit-for-brains, hypocritical assholes, every single one. 

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Posted
6 minutes ago, Clark Griswold said:

Letitia James Faces Growing Pressure to Prosecute Jon Stewart over Property Overvaluation

https://www.breitbart.com/entertainment/2024/03/29/letitia-james-faces-growing-pressure-to-prosecute-jon-stewart-over-property-overvaluation/


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Classic. This would be righteous justice if the whole thing wasn't so ridiculous.

Posted
9 hours ago, Clark Griswold said:

Letitia James Faces Growing Pressure to Prosecute Jon Stewart over Property Overvaluation

https://www.breitbart.com/entertainment/2024/03/29/letitia-james-faces-growing-pressure-to-prosecute-jon-stewart-over-property-overvaluation/


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Both sides are terrible but it was the left that started using government agencies (IRS/FBI) and now the courts to go after political opponents.

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Posted
5 hours ago, ClearedHot said:

Both sides are terrible but it was the left that started using government agencies (IRS/FBI) and now the courts to go after political opponents.

Well, in this era. They were doing it in the 40s-60s with the communism hunting, right?

Posted
4 hours ago, Lord Ratner said:

Well, in this era. They were doing it in the 40s-60s with the communism hunting, right?

Wait a minute, that’s something a commie would say…he’s a commie witch, burn him!

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Posted
Both sides are terrible but it was the left that started using government agencies (IRS/FBI) and now the courts to go after political opponents.


Concur
I’m actually an optimist but I kinda see the past few years of this as a crossing of the Rubicon moment(s) for the Republic
Unless the Administrative State is shrunk, decentralized and throughly flushed I’m not sure we can go forward as a democratic republic of unified sovereign states

Well, in this era. They were doing it in the 40s-60s with the communism hunting, right?


Doesn’t make it right, just proves people in power like to use whatever means at their disposal to oppress their enemies, fellow citizens and others
Therefore you have to / should constantly right size their power
Nothing that curtails basic freedom or acts in some ways against the aspiration of the constitution should be allowed a guarantee continuous existence. Every power beyond the basics should be sunsetted or explicitly renewed


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Posted (edited)
On 3/29/2024 at 8:55 PM, Clark Griswold said:

Letitia James Faces Growing Pressure to Prosecute Jon Stewart over Property Overvaluation

https://www.breitbart.com/entertainment/2024/03/29/letitia-james-faces-growing-pressure-to-prosecute-jon-stewart-over-property-overvaluation/


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As one would expect from breitbart, this article is missing literally any level of detail or context which would shed light on how Stewart and Trump's situations are completely, entirely different. It's just lazy trump defense hackery without any facts to back it up. 
 

For those still unclear on the difference:

Jon Stewart's property was assessed by state tax authorities to be worth a certain amount. He then sold it for a different amount. This is how the difference between assessed value and market value works.. which fluctuates constantly and can be very different depending on market conditions. Discrepancies between assessed value and market value have nothing to do with someone committing fraud. 
 

Trump tripled the reported square footage of properties specifically to inflate his net worth in order to get loans, and then reported the actual smaller square footage on tax documents. Square footage is an empirical measurement and you can't just lie about the size of your property when it's convenient for you. That's called fraud. 
 

If any of us sold our houses right now, we'd likely list it far above its tax assessed value. That doesn't make any of us fraudsters. But you would be a fraudster if you had a 3000 sq/ft house and then went to a bank and got a loan predicated on reporting a 9000 sq/ft as collateral. 

Edited by Pooter
Posted
38 minutes ago, Pooter said:

As one would expect from breitbart, this article is missing literally any level of detail or context which would shed light on how Stewart and Trump's situations are completely, entirely different. It's just lazy trump defense hackery without any facts to back it up. 
For those still unclear on the difference:

Jon Stewart's property was assessed by state tax authorities to be worth a certain amount. He then sold it for a different amount. This is how the difference between assessed value and market value works.. which fluctuates constantly and can be very different depending on market conditions. Discrepancies between assessed value and market value have nothing to do with someone committing fraud. 

Trump tripled the reported square footage of properties specifically to inflate his net worth in order to get loans, and then reported the actual smaller square footage on tax documents. Square footage is an empirical measurement and you can't just lie about the size of your property when it's convenient for you. That's called fraud. 

If any of us sold our houses right now, we'd likely list it far above its tax assessed value. That doesn't make any of us fraudsters. But you would be a fraudster if you had a 3000 sq/ft house and then went to a bank and got a loan predicated on reporting a 9000 sq/ft as collateral. 

None of his creditors were defrauded, all were compensated at their contractual terms and none filed a complaint following their transactions 

This is a bullshit selective investigation and prosecution while that which is obvious to any normal functioning human goes unpunished and is evidence that the Republic as we think of it is over, it’s something else now, I’m not claiming it’s a dictatorship or something but it’s a system ruled by men partially dependent on who you are and selectively interpreted laws, rules and policy now

You could say that was the way it was when discrimination was legal and morally acceptable and you would have a point but it doesn’t change the fact that it is getting worse, driving the division that probably can’t be fixed and will lead to a change in the Republic eventually 

No idea if that change will be better or worse, obviously I hope for the better 

 

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Posted

Jon Stewart should ask John Oliver to do a piece on this.  Then Stewart can do his thing on some of the horseflys bugging Oliver.

I find it odd that a politician thinks they can bully someone like these two, both of whom have a popular platform and sometimes use it for a righteous cause, like 9/11 Responders. 

Posted
11 hours ago, Clark Griswold said:

None of his creditors were defrauded, all were compensated at their contractual terms and none filed a complaint following their transactions 

This is a bullshit selective investigation and prosecution while that which is obvious to any normal functioning human goes unpunished and is evidence that the Republic as we think of it is over, it’s something else now, I’m not claiming it’s a dictatorship or something but it’s a system ruled by men partially dependent on who you are and selectively interpreted laws, rules and policy now

You could say that was the way it was when discrimination was legal and morally acceptable and you would have a point but it doesn’t change the fact that it is getting worse, driving the division that probably can’t be fixed and will lead to a change in the Republic eventually 

No idea if that change will be better or worse, obviously I hope for the better 

 

The creditors were absolutely defrauded. They issued lower interest rate/higher principle loans based on fraudulent collateral asset claims. Just because the government figured it out before the creditors doesn't mean a crime didn't take place. 

And if you truly think this is some horrible selective prosecution that spells the end of the republic, I have an experiment for you. Next time you apply for a mortgage try grossly inflating your assets and see how far you get with that. And when you get investigated for fraud, try pitching the victimless crime narrative. 
 

But you would never try that because you know exactly what would happen. So only one question remains: why do you think trump should get away with something you never could?

Posted
15 minutes ago, Pooter said:

The creditors were absolutely defrauded. They issued lower interest rate/higher principle loans based on fraudulent collateral asset claims. Just because the government figured it out before the creditors doesn't mean a crime didn't take place. 

And if you truly think this is some horrible selective prosecution that spells the end of the republic, I have an experiment for you. Next time you apply for a mortgage try grossly inflating your assets and see how far you get with that. And when you get investigated for fraud, try pitching the victimless crime narrative. 
 

But you would never try that because you know exactly what would happen. So only one question remains: why do you think trump should get away with something you never could?

You misunderstand the difference between single family residential properties and large scale commercial properties.  I'm not an expert but I had it explained to me by someone who was; basically there's a standard practice to increase property value based on zoning and permits for future planned development.  And those things have real worth.  
 

The banks in question stated for the record they were not defrauded and wanted to continue business with the Trump organization.  This is ops normal, everyone does it, no one else is prosecuted for it.  This is absolutely a BS political prosecution.  

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Posted
4 hours ago, tac airlifter said:

You misunderstand the difference between single family residential properties and large scale commercial properties.  I'm not an expert but I had it explained to me by someone who was; basically there's a standard practice to increase property value based on zoning and permits for future planned development.  And those things have real worth.  
 

The banks in question stated for the record they were not defrauded and wanted to continue business with the Trump organization.  This is ops normal, everyone does it, no one else is prosecuted for it.  This is absolutely a BS political prosecution.  

I think you're misunderstanding the scope of the fraud. 
 

https://ag.ny.gov/sites/default/files/tto_release_properties_addendum_-_final.pdf

 

Here's a great 8 page list of fraudulent activity across a wide range of properties including everything from commercial, residential penthouses, estates, and rent controlled apartments. This is not some zoning snafu on a single commercial development project. 
 

In a few instances he had properties professionally appraised, then lied about the appraisal value, but still cited the appraiser.

In other instances trump org lied about the value of future development projects fully knowing that environmental and zoning regulations would prevent them from completing anything close to full development. This would be like me saying my house is worth 10 million because I'm going to 'develop' an amusement park on my property.. oh wait I live in a residential neighborhood and absolutely cannot do that. 
 

This litany of overvaluations fed into the acquisition of favorable loans by drastically inflating the reported 'net worth' of the trump org. While simultaneously, they used lower appraisal figures internally that they knew to be more accurate for tax and insurance purposes. 
 

It's fraud. On a massive, hilarious scale. Try doing even 1/10th of 1% of what the trump org did and you'd be absolutely f**ked by auditors. 

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Posted

And for the sake of fairness I think anyone who does this appraisal chicanery should be prosecuted. The 'everyone does it' argument is weak sauce and has nothing to do with what the laws on the books are. 

The fact that I have to worry about a few hundred in dividends on my HYSA during tax season but Trump gets to do this shit and Nancy pelosis husband gets to make millions off nvidia stock makes my blood boil. 

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Posted

When  person runs for NY attorney general, a political position, on the platform of taking down Trump, don’t be surprised when people think the take down attempt is…wait for it…political.  

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Posted
5 hours ago, Pooter said:

The creditors were absolutely defrauded. They issued lower interest rate/higher principle loans based on fraudulent collateral asset claims. Just because the government figured it out before the creditors doesn't mean a crime didn't take place. 

And if you truly think this is some horrible selective prosecution that spells the end of the republic, I have an experiment for you. Next time you apply for a mortgage try grossly inflating your assets and see how far you get with that. And when you get investigated for fraud, try pitching the victimless crime narrative. 

But you would never try that because you know exactly what would happen. So only one question remains: why do you think trump should get away with something you never could?

So are any of them suing him for this fraud?  I don’t see any trying to get back what you say he cheated them out of, they would have greatest incentive but none are making public statements that they are.

57 minutes ago, Pooter said:

It's fraud. On a massive, hilarious scale. Try doing even 1/10th of 1% of what the Big Guy did and you'd be absolutely f**ked by any law enforcement agency 

FIFY

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Posted
6 hours ago, tac airlifter said:

The banks in question stated for the record they were not defrauded and wanted to continue business with the Trump organization.

This is all you need to know. That's it. Everything else is just noise.

 

In every other Court in America you have to have standing to bring forward a case. Even if someone beats the shit out of you, you have to tell the authorities that you want to press charges, or nothing can be done.

 

New York decided to press charges on behalf of a "victim" that did not feel victimized.

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Posted
1 hour ago, Lord Ratner said:

This is all you need to know. That's it. Everything else is just noise.

 

In every other Court in America you have to have standing to bring forward a case. Even if someone beats the shit out of you, you have to tell the authorities that you want to press charges, or nothing can be done.

 

New York decided to press charges on behalf of a "victim" that did not feel victimized.

New York has a specific statute 63/12 which grants the AG broad power to go after fraud without having to show standing. The judges have knocked the 'no standing' argument down multiple times because it's completely erroneous. 

It's been used before and the statute has been on the books since the 1950's when it was originally created by a Republican. 

Posted
5 minutes ago, Pooter said:

New York has a specific statute 63/12 which grants the AG broad power to go after fraud without having to show standing. The judges have knocked the 'no standing' argument down multiple times because it's completely erroneous. 

It's been used before and the statute has been on the books since the 1950's when it was originally created by a Republican. 

I’m sure the use case was to target former presidents and their financial dealings because of how well-liked they were…

Get real dude. 

Posted
1 hour ago, Pooter said:

New York has a specific statute 63/12 which grants the AG broad power to go after fraud without having to show standing. The judges have knocked the 'no standing' argument down multiple times because it's completely erroneous. 

It's been used before and the statute has been on the books since the 1950's when it was originally created by a Republican. 

Created by a Republican doesn't make it right. It's a foundational principal of our legal system, though I'm sure no one is shocked to see New York go a different way.

 

I don't even care that they are doing it from a political perspective. Trump is going to win and his ability to do whatever he wants will be reinforced by these clearly political prosecutions. Democrats always think they're so clever, like when they gave Trump a bunch of free publicity in 2016 because they were sure Hilary could demolish Trump. Oops. This too will backfire.

 

But from a societal perspective, give me a fucking break. How many executives went to jail after the 2008 Financial Collapse? Did New York forget about that law at the time? Remarkable they couldn't find any fraud back then.

 

Selective application of the law is the single best way to undermine it. Democrats are completely shocked that Republicans have finally embraced their situational-faith in the rule of law. Buckle up, because the more the Republicans embrace the tactics of the left, the uglier this election season will get.

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