The Bill of Rights protects citizens against abuse by ANY Government Official.That is their sole reason for being. Latisha James is a Government Official .
Latisha James should have got one of the Banks to sue Trump.
Latisha James should have got one of the Banks to sue Trump. Originally Posted by Jackie SFor what? The banks weren't harmed as a result of Trump's misrepresentations. They made money off their business with Trump, and were paid a fair interest rate based on the risk, prevailing interest rates, the collateral, the personal guarantee, the liquidity of his personal assets, and Trump's actual net worth, which admittedly was a lot less than his purported net worth.
For what? The banks weren't harmed as a result of Trump's misrepresentations. They made money off their business with Trump, and were paid a fair interest rate based on the risk, prevailing interest rates, the collateral, the personal guarantee, the liquidity of his personal assets, and Trump's actual net worth, which admittedly was a lot less than his purported net worth.
Maybe Deutsche Bank and possibly Fortress Investment Group could have sued Trump over loans they made for construction of the Trump International Hotel & Tower in Chicago. Trump didn't pay those back in their entirety. Maybe they would have won and maybe they would have lost. My guess is they would have lost. They agreed to loan money, mostly without recourse to Trump's other assets, and the project flopped. By the time Letitia James was elected, the statute of limitations had run on that though. Originally Posted by Tiny
The state can step in and has in this case. BTW the 8th is not intended in this case. Im hoping the judgement stands Originally Posted by winn dixieYes, if it stepped in and fined Trump, say, $20 million for misrepresenting his financial position, I'd say that's fair. This imaginary disgorgement of profits allegedly realized through fraud is not. It's inconsistent with truth, justice and the American Way.
The details are a moot point.
As has been stated. Nobody is denying that Trump broke the law.
The complaint is with the sentence and penalty.
Latisha James will be severely chastised by the Supreme Court when they rule that she broke the law by denying Trump’s civil rights under the 8th Amendment.
What do we do when a Government Official denies a citizen of their Civil Rights.
Ask the Cop in the George Floyd case. Originally Posted by Jackie S
Yes, if it stepped in and fined Trump, say, $20 million for misrepresenting his financial position, I'd say that's fair. This imaginary disgorgement of profits allegedly realized through fraud is not. It's inconsistent with truth, justice and the American Way.
That said, Trump deserves to be prosecuted for trying to steal an election, and he will be. And, if I were in a position to do so, there's no way I'd do business with him or loan him money, because of his past history. I assume the banks do it because they believe they're adequately protected and the risk-reward ratio looks good in their eyes. And they're big boys.
I believe the 8th Amendment would be relevant if this were a federal case. But it's not. The state of New York created a law to extract excessive fines from politically unpopular businesses and individuals, but based on what Blackman wrote, this will likely end with the Supreme Court of New York and never see the light of day in federal courts. Originally Posted by Tiny
The Bill of Rights protects citizens against abuse by ANY Government Official.That is their sole reason for being. Latisha James is a Government Official .Nice 180. You've been claiming no banks were harmed. Now you say the bank should have sued trump.
Latisha James should have got one of the Banks to sue Trump. Originally Posted by Jackie S
I think that a number of people in this thread are missing the point. Under the current law all they have to prove is the deception itself. Which they did because it is so blatant.Not even close to right, it smacks of blackmail by politicians to do as they say or we will bankrupt you with legal fees and excess fines. It makes Putin look honest compared to Democrats.
I realize that many people think that the law is over broad and too likely to be abused but only the legislature or the courts can decide to change it.
It’s the opinion of many that not only is Trump getting what he deserves but that the law is desperately needed to rein in all kinds of corruption in the future. Originally Posted by txdot-guy
Not even close to right, it smacks of blackmail by politicians to do as they say or we will bankrupt you with legal fees and excess fines. It makes Putin look honest compared to Democrats. Originally Posted by farmstud60If people would play by the rules we wouldn’t need laws like these. Too many people think lying and cheating are acceptable in the pursuit of money and power. People like Putin and Trump depend upon it.
Not even close to right, it smacks of blackmail by politicians to do as they say or we will bankrupt you with legal fees and excess fines. It makes Putin look honest compared to Democrats. Originally Posted by farmstud60Thank the higher powers that we have a Constitution that does protect citizens against the vindictive and maybe criminal actions of Government Officials.
If people would play by the rules we wouldn’t need laws like these. Too many people think lying and cheating are acceptable in the pursuit of money and power. People like Putin and Trump depend upon it. Originally Posted by txdot-guyFair enough. But everybody with a brain, including you, knew Trump was overstating his net worth. Deutsche Bank and other lenders knew it.
Not even close to right, it smacks of blackmail by politicians to do as they say or we will bankrupt you with legal fees and excess fines. It makes Putin look honest compared to Democrats. Originally Posted by farmstud60With New York Executive Law 63(12), it doesn't matter whether you do as "they say." If the New York Attorney General sees a politically unpopular company or individual with a big cash pile, then, with this vague statute, the AG can manufacture a case to go after it.
So the only fraud is really the AG and the Judge in this trial pulling numbers out of thin air and calling it intentional fraud. Originally Posted by farmstud60I strongly agree.
Everybody is miss construing what I said.OK, I get it I think. The question was rhetorical? Because if Deutsche Bank sued Trump for damages because the interest rate should have been higher or he profited from the sale of the Old Post Office building, it would get laughed out of the courtroom.
Latisha should have gotten a private entity to sue Trump so that 8th Amendment concerns would be less likely. By the State doing it, the 8th is in play because THEY ARE A GOVERNMENT.
Here is the 8th again. It is Taylor made for a case such as this.
In her zeal to “get Trump”, James forgot about those pesky Bill of Rights.
The Bill of Rights are in the Constitution to protect citizens against Government over reach. It makes no difference if it is a over zealous cop beating a confession out of a suspect, or a over zealous prosecutor attempting to ruin a suspect financially.
https://www.google.com/search?q=8th+...&client=safari Originally Posted by Jackie S