Trump gets a $355 million kick to the crotch, will he pay up?

[mitchell76]

https://twitter.com/i/web/status/1759604854433927588

Eric Trump DESTROYS NY AG Leticia James' political lawfare against Trump: "My father built the skyline of New York City and this is the thanks he gets for doing absolutely nothing wrong?!… My father never gives up. He is the toughest guy I’ve ever met in my entire life. He is hellbent on winning and we are gonna win in November.”

 

[mitchell76]

https://twitter.com/i/web/status/1759443002471206931

JUST IN: Trump blasts Letitia James in an 11:52 p.m. post, writes, “Why was the Corrupt New York State Attorney General, Letitia “Peekaboo” James, allowed to dump her lawsuit, using a NEVER USED FOR THIS BEFORE STATUTE, with No Defaults, No Complaints, No Victims — ONLY SUCCESS — ONTO THE DESK OF TRUMP HATING, RADICAL LEFT JUDGE, Arthur Engoron, one of the most overturned Judges in the State, four times on this Witch Hunt alone. YOU CAN’T pick your Judge, which Bragg did, and Deranged Jack Smith did in D.C. These cases should all be thrown out!

 

[mitchell76]

https://twitter.com/i/web/status/1759568504297082965

 

[mitchell76]

https://twitter.com/i/web/status/1759480578360094994

When will stupid people like Nikki Haley confess to knowing that the Indictments and Litigation that I am fighting is all DEMOCRAT and Crooked Joe Biden INSPIRED, COORDINATED, & RUN! They have done a terrible job, and there is nothing else that they can do to save their “sinking ship.” It is illegal Election Interference, and if I weren’t running, or leading so big, none of this would be happening. If Birdbrain were ever in my position, which she won’t be, she would be hit just as hard, and not be able to fight back. The only money she is getting now is coming from Democrats. I know her well, and she just doesn’t have what it takes, and never will. MAGA! P.S. She’s losing to Biden in almost every poll. I am winning in EVERY poll! Donald Trump Truth Social 11:14 PM EST 2/18/24

 

[mitchell76]

https://twitter.com/i/web/status/1759622903832723486

 

[mandrill]

He didn't lie on a mortgage application. It was loans on owned properties. Banks do their own assessments. From what I read in the trial the bank was satisfied with the loan terms.

We are talking about the difference in what the different entities value real estate at.

In the case of my house, the city says its worth X for taxes, the insurance company worth Y for rates, the Bank worth Z for a credit line, and then finally a buyer says AA for what they want to pay. And every single one is different. And the differnce is $100,000s

So who is right? Does this mean the city/province can come back to me(or you) after you sell, say "hey, we assessed wrong, you are going to be fined $200,000." Plus back taxes? Or even 20 years from now?

And like I said, this is the standard, the entities are the ones who establish value, not the owner. Its basic due diligence.

Due diligence is beside the point. Trump was grossly inflating values to obtain better deals at better rates.

And the banks did not always get paid back.

 

[mitchell76]

 

[mandrill]

https://twitter.com/i/web/status/1759622903832723486

Giuliani is himself going down with massive civil judgments. He needs Trump to get elected to save his own ass.

 

[Not getting younger]

Squeezer the point is the banks send out people to do their own due diligence. And twll the client, or negotiate the value. Then a loan is issued in the 40%-50% of value range. And in this case the bank testified they were satisfied with the deal, and all monies paid.

As well the city also would have done their own assessments for taxes and fees, and told them what it was worth. If they didn't its on them. Real estate value is fluid, that's why its done this way. And has been done this way BY EVERYONE IN NY for a century.

If the prosecutor only goes after Trump, leaving aside all politics, its a targeted witch hunt and imo grounds for appeal.

ask people what happens when they get into a bidding war and sign legal documents to pay the seller 1,400,000. Then ask a bank for 1,000,000 mtg with 40% down.

And the bank says um, no, that house is only worth 1,150,000. Not sure how people think things work.

 

[jalimon]

https://twitter.com/i/web/status/1759605746394714434

Never ever politicize your work because it will come and haunt you one day. Politics, religion and your sexual life should stay at home.

 

[Phatazluvr123]

Trump has it to pay and when he takes the White House again he will just line his pockets just like the Dems robbing people blind now

 

[mitchell76]

https://twitter.com/i/web/status/1759652987562262868

ALL POLITICAL PROSECUTIONS OF YOUR FAVORITE PRESIDENT, ME, MUST STOP IMMEDIATELY. WE ARE IN THE MIDDLE OF AN ELECTION, PERHAPS THE MOST IMPORTANT ELECTION IN THE HISTORY OF OUR COUNTRY, AND THESE RADICAL LEFT LUNATIC PROSECUTORS AND JUDGES ARE NOT ALLOWED TO BE DOING THIS. WHY DIDN’T THEY START THREE YEARS AGO??? BECAUSE THEY WANTED TO INTERFERE WITH THE PRESIDENTIAL ELECTION OF 2024, THAT’S WHY! According to Section 9-85.500 of the Justice Department’s Justice Manual: “Federal prosecutors and agents may never select the timing of any action, including investigative steps, criminal charges, or statements, for the purpose of affecting any election, or for the purpose of giving an advantage or disadvantage to any candidate or political party.” THIS IS ELECTION INTERFERENCE, AND MUST BE IMMEDIATELY STOPPED. I SHOULD NOT HAVE TO GO THROUGH ANY FAKE PROSECUTIONS BEFORE THE ELECTION. THIS IS COMMUNISM, AND A THREAT TO DEMOCRACY. OUR COUNTRY WILL NOT STAND FOR IT. MAKE AMERICA GREAT AGAIN!!! Donald Trump Truth Social 11:30 AM EST 2/19/24

 

[mitchell76]

https://twitter.com/i/web/status/1759637118618345928

In case you're not paying attention, there is panic here in Washington, DC. It's five days before Nikki Haley (
@NikkiHaley
) is anticipated to be defeated in South Carolina, as suggested by all the polls. The court cases against Trump are not deterring voters. Nearly 13,000 people who commented on just one of my posts said they were not bothered by Judge Arthur Engoron's ruling against Trump in New York last week. Trump is also raising more money, and his rallies are getting bigger. It's becoming crystal clear that he will likely become the Republican nominee in 2024. Many of the court cases are also falling apart. The one in DC is delayed indefinitely. The only one in Georgia has been rocked by scandals and will likely be delayed. The one in Florida is being delayed, and the Democrats want the judge to be removed. The one in New York lacks substance; it's about a sex worker and money paid by Trump's lawyer years ago, and most people are wondering what it's all about. None of these cases will likely stop Trump or even be decided before the election, and Trump can always appeal. With the court cases falling apart and Trump's primary opponent losing ground, DC is playing the Putin card. In a speech in South Carolina, Trump reemphasized that Europe must invest more in NATO and not let only the US foot the bill to protect Europe. That was his core message; anything else was a distraction. However, that speech has been used by Hillary Clinton, Kamala Harris, President Biden, and many other Democrats to paint Trump as a Putin stooge, someone who hates the United States, someone too dangerous to return to power. The Russia narrative is being revived, and you will hear more about Russia in the coming days. But the Democrats have a problem. Trump was in power for four years, he started no new wars, Russia did not invade any nation, and America was respected again abroad. Trying to paint Trump as a Putin stooge may not resonate with the voters. Yet, you will hear more and more about Russia, Russia, Russia in the coming days and weeks as it becomes clear that Trump is the nominee.

 

[mitchell76]

https://twitter.com/i/web/status/1759639865174729101

NEW: Shark Tank's Kevin O'Leary condemns AG Letitia James and Judge Arthur Engoron's corrupt and baseless ruling against Donald Trump.

"I would NEVER invest in New York now! And I'm not the only one saying that!" "This $4 billion data center I'm talking about - not a chance I would put that in New York! Zero probability! Never!" "I'm shocked at this. I can't even understand or fathom the decision at all. There's no rationale for it." "Every investor is worried because where is the victim? Who lost money? What does this say about the legal bar in New York? Aren't they going to question this judge?" "$355 million as a penalty plus interest at 9%, and there's no victim?" O'Leary said Governor Kathy Hochul's "words fall on deaf ears to everybody. There's nothing she can say to justify this decision." "This is a New York problem now."

 

[madappl3s]

That thought cost rump half a billion.
You should definitely try it in court some day.

I will, and use the precedent that will be set when the slam dunk appeal happens. But seriously, how mad are you going to be when this was all for naught?

 

[mitchell76]

https://twitter.com/i/web/status/1759665070232014949

 

[JuanGoodman]

But seriously, how mad are you going to be when this was all for naught?

I'm sure he won't be mad at all

just like after so many other charges that proved to be nothing

by then, MSM will have another headline for lefties to follow

just like a cat chasing the red dot laser light

 

[y2kmark]

I will, and use the precedent that will be set when the slam dunk appeal happens. But seriously, how mad are you going to be when this was all for naught?

You might see that in your dreams. There is a new word out there, errogant. It's when someone is seriously wrong, but are to wrapped up in themselves to admit it. Smelvis and his crowd fit that definition...

 

[Butler1000]

But trump gave a much lower value evaluation for tax purposes.

Would you like to have your property taxes at 75% of it value tomorrow morning?

The value of his buildings and does this. valued below market for taxation but over valued for loan and insurance purposes.

Allowed trump to save on tax but gain leverage with a higher equity to do business. No American bank wanted to lend him money after the bankruptcy with his 2 Atlantic city casinos , so he went to Europe the get his backing.

Who in hell can bankrupt a casino which is a printing machine ? Only building to go belly up in Toronto after the 2008 financial crisis in the US was managed by .... ? Only Hotel in Vancouver to go down in decades in one of the highest touristic city in Canada ? Trump international Hotel . And the list goes on and on and on

The city did its own valuation and accepted the number. My own house is way undervalued as well for taxes. If you own look at yours, Its the same. In fact it's about 60% last I looked. My insurance has a different value. My bank a third for a credit line. And my real estate agent a fourth for when I sell.

Which is correct?

As to his business acumen, sure he fucked up. So what? I personally don't care about whether he has money. But there is no victim, no one was actually defrauded. All parties agreed to the valuations. Seriously all these large entities have assessors who do due diligence and give their own numbers. Especially with large loans. Its just common practice. Every single real estate investor goes through this.

 

[Butler1000]

the difference is the scale. There will always be differences from value tax wise to the cities versus insurance versus market resell value.

A big quebec fast food chain got caught a few years ago because they were fraudulently reporting 4 times more hot dog buns buying then sausages… At some point your lying in values still needs to make sense.

The scale in this case is meaningless because all parties do their own valuation. Seriously you think the city just accepts an owner’s numbers? A bank? An insurance company? And if a valuation is agreed upon by these entities then where is the problem?