false statements on bank loan applications

lustylad's Avatar
It is not surprising MAGAs cannot understand the reasons for the summary judgement against Trump and his organization. Originally Posted by VitaMan
Except it's not just the so-called "MAGAs" who have problems with this hyper-partisan judge and his ugly, unprecedented decisions that are deeply marinated in bias.

Millions of fair-minded independent voters are also appalled. They all took note of the fact that this in a civil case where 1) no one was actually harmed, 2) Trump is hardly the first New York businessman to exaggerate his wealth, 3) the punishment does not fit the "crime", and 4) everyone knows it's a partisan hit job.
lustylad's Avatar
Digging up a "media personality" as an armchair quarterback is a complete nothing burger. Originally Posted by VitaMan
Lol - Don Lemon, Kim Kardashian, and Joe Rogan are "media personalities".

Kevin O'Leary is a highly successful investor and businessman who also appears on a popular CNBC show called "Shark Tank". He is plugged into the New York real estate community.

Have you noticed how not a single high-profile, experienced commercial real estate professional has stepped forward to defend Judge Kangaroo's flagrantly biased, over-the-top, politically motivated ruling?
lustylad's Avatar
He had his chance to prove it in court.

Judge Kangaroo issued his summary judgement declaring Trump guilty of fraud BEFORE THE OPENING DAY OF THE TRIAL, i.e. before any testimony was taken. Did you miss that?


It's on him that he picks shitty people to represent him.

It's not on him that DA Tish James went "shopping" and steered this case to the most rabidly trump-hating, far-left progressive crackpot kangaroo judge available in the City of New York.


It's on him for not exercising proper discipline during the proceedings.

You're right. It's 100% on Engeron for allowing his court to go off the rails and resemble a Third World, Banana Republic kangaroo affair.

It's on him for concentrating on the court of public opinion instead of a court of law.

Funny how the public can smell a corrupt, abusive, partisan hit job when they sniff it out. Originally Posted by Precious_b

Ain't about donny&co and lenders. About NY not getting revenues from property tax.

I stated before for those who don't believe it: try paying a pittance of the property tax that your local taxing agency says you own. See what happens. Originally Posted by Precious_b
There you go again. This kangaroo trial had nothing to do with "NY not getting revenues from property tax".

I googled it. Everything I found indicates the Trump Organization paid all NY property taxes, mostly on time.
Yssup Rider's Avatar
Except it's not just the so-called "MAGAs" who have problems with this hyper-partisan judge and his ugly, unprecedented decisions that are deeply marinated in bias.

Millions of fair-minded independent voters are also appalled. They all took note of the fact that this in a civil case where 1) no one was actually harmed, 2) Trump is hardly the first New York businessman to exaggerate his wealth, 3) the punishment does not fit the "crime", and 4) everyone knows it's a partisan hit job. Originally Posted by lustylad
Maybe everyone will pitch in a pay Trump’s fines for him.

Lotta TV preachers will be pissed.

HAHAHAHAHAHAH
The_Waco_Kid's Avatar
Quote:
Originally Posted by Precious_b
He had his chance to prove it in court.

Judge Kangaroo issued his summary judgement declaring Trump guilty of fraud BEFORE THE OPENING DAY OF THE TRIAL, i.e. before any testimony was taken. Did you miss that?


It's on him that he picks shitty people to represent him.

It's not on him that DA Tish James went "shopping" and steered this case to the most rabidly trump-hating, far-left progressive crackpot kangaroo judge available in the City of New York.


It's on him for not exercising proper discipline during the proceedings.

You're right. It's 100% on Engeron for allowing his court to go off the rails and resemble a Third World, Banana Republic kangaroo affair.

It's on him for concentrating on the court of public opinion instead of a court of law.

Funny how the public can smell a corrupt, abusive, partisan hit job when they sniff it out.




exactly, Lusty.



Quote:
Originally Posted by Precious_b
Ain't about donny&co and lenders. About NY not getting revenues from property tax.

I stated before for those who don't believe it: try paying a pittance of the property tax that your local taxing agency says you own. See what happens.


There you go again. This kangaroo trial had nothing to do with "NY not getting revenues from property tax".

I googled it. Everything I found indicates the Trump Organization paid all NY property taxes, mostly on time.



correct again. there was some early "noise" from James about this but it vanished into vaporware when it came time to file this nonsense because the only way Trump could cheat the NYC tax assessor's office is by having people on his backdoor payroll taking bribes.



now .. if James could actually prove that ... you'd have an actual crime! who knew?



bahahahaa



VitaMan's Avatar
Doubtful the posters above read the 92 page summary judgement.
The_Waco_Kid's Avatar
Doubtful the posters above read the 92 page summary judgement. Originally Posted by VitaMan



did you?
VitaMan's Avatar
Funny you should ask. Yes I did.

Why is every court judgement against Trump a political witch hunt ? And Trump called the 2020 election "the crime of the century".
With no evidence.

There's your real kangaroo.
The_Waco_Kid's Avatar
Funny you should ask. Yes I did.

Why is every court judgement against Trump a political witch hunt ? And Trump called the 2020 election "the crime of the century".
With no evidence.

There's your real kangaroo. Originally Posted by VitaMan

then cite the cliff's notes to support your claim
VitaMan's Avatar
You need to read the 92 page summary judgement.
Then you will begin to understand the scope and extent of the fraud.
It sounds like you just rattle off your opinions without even reading it.
Just like you have done many times before.


It's so like the MAGAs to blame the messenger.

Every court that judges against Trump must be a polticial witch hunt...because Trump says so....right ?
Just like every state that Trump lost in 2020 must have had a fraudulent election......right ?

There is an endless list of fraud Trump has perpetrated. Trump University comes to mind. He may have been able to settle that one out of court.
lustylad's Avatar
Letitia James is helping Trump get re-elected

Many voters find the obvious corruption of the judicial process for political ends far more hypocritical and hideous than Trump’s crimes


February 17, 2024 | 9:44 am

Written By: Freddy Gray

“Donald Trump may have authored the Art of the Deal,” said the New York attorney general Letitia James, doing her best resolute voice. “But he perfected the art of the steal.”

There speaks American justice: biased, politicized, odiously trite. “Today, we proved that no one is above the law,” said James, which is what every Trump prosecutor has said, over and over, for years now. “No matter how rich, powerful or politically connected you are, everyone must play by the same rules.”

Despite all the strong words and massive fines, Trump’s candidacy is growing in strength.

That’s garbage and everybody knows it. The rules don’t apply to everyone. The rules didn’t apply to the Trump family until Donald Trump became president of the United States and America’s ruling class had a nervous breakdown.

On Friday, after a long investigation and prosecution headed by James, Judge Arthur F. Engoron ruled against the Trumps and the Trump Organization. He imposed fines of $355 million, plus interest, on the former First Family for fraudulently inflating the worth of their assets in order to secure more favorable loan terms.

The largeness of the sum demanded may be shocking, but the judgment is not. In September, before this trial began, Judge Engoron had already ruled that the Trump Organization’s statements “clearly contain fraudulent valuations.”

This is a civil case, which requires a “preponderance of evidence” for the accused to be found liable, rather than a criminal one that demands proof of guilt “beyond reasonable doubt.” Eric and Don Jr. have both been ordered to pay $4 million.

The Trumps will appeal. The case will drag on, possibly until after the election. The media will move on to the criminal “hush-money” indictment.

But Trump will keep saying that “banana republics” behave in this way towards presidential candidates. And he has a point.

He will keep pointing out that the Democrats have weaponized the justice system against him; that James is — like others pursuing him in other states — a flagrantly prejudiced Democrat, elected to her role on a pledge to hound Donald Trump through the courts.

And he has a point. Will every other large New York real estate company now find its businesses records similarly dissected for improprieties? Of course not.

Any reasonable person can see James is driven by a fierce animosity towards the Trumps. She has said that she regards Trump as an “illegitimate president” and appears to believe that her main job is pursuing him and other select targets, not overseeing the application of the law in New York.

Many in the media are already writing up Friday’s verdict as vindication for James after she was mocked and abused by Trump. As a political figure, she seems to enjoy the adulation. She may not feel quite so clever in nine months’ time. Because if Trump does win back the White House, it will be in large part thanks to Letitia James, as arguably Trump’s leading legal antagonist.

It will also be thanks to Fani Willis, the Fulton County district attorney. In August she was held up as a paragon of justice as she indicted Donald Trump on charges of election “racketeering.” Yet Willis is now accused of living it large at the taxpayer’s expense with her romantic partner Nathan Wade, who just happens to be one of the special prosecutors she hired to go after Trump and his associates.

It’s all very grubby. Americans are increasingly sick of the legal hounding of Trump, on so many fronts. They find the obvious corruption of the judicial process for political ends far more hypocritical and hideous than Trump’s crimes.

Trump fans will obviously cheer on their hero as he rants madly about another “witch-hunt” and insists he did nothing wrong. But they are only ever going to vote one way in November. It is independents, or reluctant Trump voters, who will decide who wins the White House in November. And independent people don’t have to like Trump to see that he is being unfairly treated.

Trump knows this. He can see that his re-election campaign has only blossomed since the criminal indictments and legal verdicts started landing against him. He currently has a significant lead over Biden in presidential election polls. That’s why he is putting his own trials at the heart of his campaign.

Of course, nobody can say for sure how the broader American electorate might react if Trump is convicted of a crime in court and perhaps given a prison sentence. There will be many more twists before the election.

For now, though, despite all the strong words and massive fines, Trump’s candidacy is growing in strength. And Letitia James’s crusade might send Trump to the White House rather than jail.

https://thespectator.com/politics/le...w-york-fraud/?
lustylad's Avatar
The ruling against Trump is perverse in true New York fashion

It is the outcome of the vindictive actions of a politician wielding the law enforcement power of the state to destroy her enemy


February 17, 2024 | 4:53 pm

By Joseph Moreno

While Donald Trump’s excessive rhetoric often evokes eye rolls, in the case of Friday’s record-setting $350 million judgment against the Trump Organization, he is spot on. “Disgraceful.” “Lawfare.” “Banana republic.” All three apply.

It’s hard to imagine a more perverse and vindictive misuse of the justice system than that which New York attorney general Letitia James has committed. While campaigning in 2018, James promised to vigorously investigate Trump and his business. True to her word, once in the office James spent three years seizing and scouring through Trump’s tax and financial records for anything she could use as the basis for legal action. Manhattan district attorney Alvin Bragg — no Trump fan, he — reviewed the evidence and declined criminal prosecution, but James forged ahead and ultimately brought a civil fraud action against the Trump Organization, despite the lack of a single fraud victim.

Abetted by the clownish Judge Arthur Engoron, the two elected Democrats tag-teamed to ensure Trump never had a chance. Engoron, who declared the Trump Organization liable before the trial even began, could not even be bothered to pretend he was a neutral jurist. His eye-rolling and whispering with his clerk throughout the bench trial left little doubt he planned to award the attorney general what she asked for — even if she could not decide herself. The proposed amount was an arbitrary moving target, wherein her initial ask for $250 million somehow increased during the trial by another $120 million.

With no victims to be made whole or other damages to be shown, Engoron could have issued an appropriate hand-slapping penalty reflective of the situation. Yet, true to form, he obediently gave James nearly all she demanded with a $364 million fine and a ruling clearly designed to drive the Trump Organization out of business.

And how did James and Engoron reach this staggering amount? Well, since James could produce no party that was damaged by Trump’s actions she had to make it up. A supposed expert for the state testified that had Trump been more accurate in his asset valuations the terms of his bank loans would have been less favorable in the amount of $170 million.

But does anyone really believe that if these sophisticated financial institutions had been cheated out of hundreds of millions of dollars, they would not be first in line to sue? Not only did these banks have no complaints about their dealings with the Trump Organization, they made clear they did not rely on Trump’s valuations and were in fact happy to keep doing business with him. In fact, not a single witness could provide evidence that Trump even intended to defraud his lenders.

So whose interests was Attorney General James representing in this case? It was not the banks who lent money to the Trump Organization and were repaid under the terms negotiated. What about the people of New York? They did not lose any money — in fact, the less the Trump Organization paid in interest rates, the fewer deductions and thus more in taxes it likely paid to New York State. The fact is this case was pure politics on behalf of James — the vindictive actions of a politician wielding the law enforcement power of the state to destroy her enemy.

James’s abuse of her position should result in her removal from office. But on the contrary, following the ruling, she was out before the cameras preening about how there “cannot be different rules for different people.” So, should real estate firms in New York — who are notorious for serially overvaluing their holdings — now watch out for future enforcement actions? Don’t hold your breath.

New York’s population is shrinking, crime is on the rise and the tax base is eroding. James will not want to be seen as making the business environment even more hostile. No, this was a special action reserved specifically to destroy the Trump Organization. Any appellate decisions to overturn this disaster are years away. Meanwhile, James will strut around claiming she took down Donald Trump. This might be the stuff future gubernatorial campaigns are made of, but it is not to be confused with justice.

Joseph Moreno is a former federal prosecutor with the Department of Justice in the National Security Division, a former staff member with the FBI’s 9/11 Review Commission and a US Army combat veteran.

https://thespectator.com/topic/rulin...mes-perverse/?
https://www.cbsnews.com/news/read-tr...ine-sanctions/

Here’s the decision, you can read it for yourselves rather than relying on others opinions of what in it.
VitaMan's Avatar
Not surprising MAGAs post opinions from right wing media biased publications. And don't even
read the summary judgement before offering their opinions.
eyecu2's Avatar
Funny you should ask. Yes I did.

Why is every court judgement against Trump a political witch hunt ? And Trump called the 2020 election "the crime of the century".
With no evidence.

There's your real kangaroo. Originally Posted by VitaMan
It's always the same chippers who when confronted, have no defense, except for " well cite the salient points" or "did You?".

It's all there to read, or not read. But when did it become your responsibilty to spoon feed the MAGA's what they didn't get spoon fed to them on FOX or OANN, or Newsmax aka completely made up shit 'news'??

I read the document and it's well covered on all the points of law and the reasoning behind the fines and the crimes. Besides the reading, writing, and rith-maticing, is there more that the MAGA's need?

Yep- Deprogramming.

They are so convinced that their dear leader is not only innocent, even if he did lie, it was not illegal, and even if it was illegal, nobody got hurt, and even if someone was hurt, they didn't file a claim, and even if there was proof of harm, he only does it, cause everyone does it. And since everyone does it, even Kevin O'leary says that it's normal and the fine is too big.....blah blah blah.

FYI - Even O'leary's shark companions think that he's a self centered moronic idiot. Sounds just the other guy who he's supposedly defending.


MAGA's are very willing to lie about anything that helps themselves out, and don't hold any GOP member accountable. They are much to interested in nudies on a laptop, a family loan when it comes to Dems. They don't like Joes' corvette, or that his current wife actually loves him, or he didn't bury his deceased wife on a golf course.

I wonder if Joe lied on any bank loan applications? I bet that he didn't. I bet Hunter didn't either.

BUT there are 3 giant assholes and a daughter/ sister who did. .....but they have a different last name, and are allowed since it's just normal business practice when you sell snake oil and do that shit for a living. Anyone seen my chinese ties and sneakers?