Posted on 10/02/2023 2:30:52 PM PDT by Starman417
Let me save you some time.
Donald Trump is in court today. He is on trial for financial fraud, i.e. inflating the value of his properties, brought by a state Attorney General who has been bent on nailing Trump for something- anything- since she has been in office.
Thing is- this trial is a waste of time. It's a show, a circus, nothing more. It's a non-jury trial and the outcome is etched in stone.
The trial judge wants Trump's head as much as Letitia James does. Arthur Engoron has quite the history. He was a cabbie, piano and drum teacher and band member. He's burned through three wives. He's an egoistic and egocentric jerk who cannot resist including himself in his rulings.
Engoron’s rulings are rife with biographical information, part full-disclosure, part nostalgia. He revealed in one decision that he participated in “huge, sometimes boisterous, Vietnam War protests.” He’s also described himself as a free-speech absolutist and said he’s been a member of the American Civil Liberties Union since 1994.Engoron, who describes Trump as "just a bad guy" also fancies himself a real estate appraiser, which is critical to the trial. Engoron himself decided the value of Mar A Lago in order to hold Trump for trial.
This buffoon valued Mar A Lago at $18 million. Real estate professionals find that absurd.
This decision, which came down without a jury, has sent shockwaves through political — and real estate — circles, especially that $18 million base value for the property.A more sober evaluation came from ForbesOne prominent Palm Beach real estate broker, speaking on the condition of anonymity, told The Post, “It’s utterly delusional to think that property is only worth $18 million.”
The insider added, “If that property were on the market today, I would list it at around $300 million, minimum … at least. He also has the separate golf course minutes away.”
....
To put it in perspective, a 2-acre wooded lot at 1980 S. Ocean Blvd., just 5 minutes from Mar-a-Lago, is currently listed for $150 million. Mar-a-Lago, situated at 1100 S. Ocean Blvd., dwarfs this lot tenfold and operates as a commercial business with around 500 members as part of the golf club.
Forbes had appraised the property, which is made up of 128 rooms, at approximately $160 million in 2018 following extensive renovations and its exclusive Palm Beach location on Billionaires’ Row. The property includes a 20,000-square-foot ballroom, five clay tennis courts and a sprawling waterfront pool.One is tempted to think that the banks Trump engaged have no appraisers who appraise for a living. Where are the bankers who made the loan and got paid back?And in the five years since, Palm Beach properties have only increased in value.
There apparently is no point in using real estate professionals when you're Arthur Engoron. This tweet tells absolutely all you need to know about Engoron. Watch the prick primp and grin when the camera finds him.
(Excerpt) Read more at floppingaces.net...
It’s these kind of buffoons that give US a bad name.
Judge looks like a straight up pedo. Top to bottom.
Judge just ruled that the 80% of the trail is basically over
A show trial worthy of Stalin
Engoron has what you call “a punchable face”.
Why bother even showing up?
It’s these kind of buffoons that give US a bad name.
A little. I think the RINOs, Country Club, Establishment, Chamber of Commerce Republicans do more to give a bad name than anyone or anything else.
He reminds me of Mr, Green Jeans,
Harumph.... judicial activism imho is the worst. These guys are supposed to be the creme de la creme of dispensing justice according to law not f’n around out in left field somewhere.
It’s obviously a combination of many traitors within that’s gotten US to this point.
One point I’ve never seen mentioned:
While there are lots of high priced sales on lesser properties, no one has spoken about the assessment policies of that area on mansions for tax purposes.
If Mar-A-Lago is valued at, say, 1/50th of its real value for tax assessment purposes, what are some of the adjoining lesser mansions that have sold recently assessed at relative to their known market value?
The above question doesn’t impact the fact that the banks Trump borrowed from did or should have done their own due diligence. I just wondered what local policy was.
Maybe they assess on last known sale? But that would be kinda crazy in these days when many locales assess on estimated market value.
the judge let the cameras in cuz
ya know
its a show trial
Why doesn’t Trump get a jury trial?
Because his lawyer didn’t want it.
L
i think they knew what was going to happen
and are focused on the appeal
I tend to agree. The verdict is a forgone conclusion.
L
Hopefully these commie bastards will soon meet very horrible accidents.
I heard that all the money he borrowed, supposedly with inflated collateral, has been paid back in full? It’s that true? If so, who is the victim?
Judge was laughing at the proceedings! I am so angry at this Judge’s attitude. I’m writing to him tonight to inquire “What is the world is wrong with you people in the Courts in NYC”?
This buffoon is pure clown and doesn’t need to paint his face.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.