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New York Prosecutors are Screaming at the Sky [re: Arresting Donald Trump, prosecuting the Trump Organization
American Thinker ^ | June 7, 2021 | Jonathon Moseley

Posted on 06/07/2021 3:14:20 AM PDT by Moseley

Did leftists learn nothing from the adventures of Wile E. Coyote forever trying to catch the Roadrunner but always failing? New York prosecutors under District Attorney Cyrus Vance, Jr. have convened a grand jury to investigate The Trump Organization (“TTO”) owned by former President Trump and his family (replacing the one already convened in 2018).

There is nothing to stop an indictment of Trump, other than remembering what happened to the Duke Lacrosse player prosecutor. But the deep state’s attempt to arrest and indict Trump will fail.

It is starting to look as if the endless adrenaline high is the real point. If the New York prosecutors’ investigation is measured in news headlines, then they have already accomplished what they hoped.

Getting leftists stirred up with breathless anticipation that President Trump is about to be hauled away in handcuffs isn’t about the truth. It’s about whipping up their campaign volunteers into a frenzy and demoralizing Trump voters.

Prosecutors seem eager to convince people that their investigation is a real threat.

The leaks tell us that possible crimes – by the businesses, not Trump individually -- range from tax fraud by undervaluing real estate for tax purposes, bank fraud (in loans) and insurance fraud by overvaluing the same real estate on loan applications and for insurance coverage. The amount lost is apparently $0.00. The banks, insurance companies, and tax authorities have only lost time and money responding to District Attorney Vance.

(Excerpt) Read more at americanthinker.com ...


TOPICS: Business/Economy; Crime/Corruption; News/Current Events; Politics/Elections
KEYWORDS: arrest; cyvance; donaldtrump; prosecutors
Valuation of commercial real estate is an art, not a science. To say that TTO’s valuation is “wrong” or “false” is a like nailing jello to a wall. Does one use the original construction cost? The cost to rebuild it today? The income potential? Recent sales of similar properties, which for this type of real estate are not easily comparable? An owner’s opinion of value is too uncertain to be “wrong.” That’s why no lender pays any attention to it.

For real estate taxes, New York City has a tax assessor. They don’t ask you how much your office building is worth. They tell you. If you don’t agree, you can file a protest. Good luck.

What about the deduction for mortgage interest? That also has nothing to do with the actual value of the real estate. The lender issues a Form 1099 to show how much interest a borrower actually paid to the mortgage lender.

Trump’s tax returns have been continuously audited. An audit means, by definition, looking at the underlying financial records to see if they match the tax returns. The documents that New York prosecutors just obtained have been in the possession of the IRS and New York tax agencies for years, if not decades. The 2018 grand jury asked to see the same documents that tax agencies already hold in confidence. The audits found nothing wrong after examining all the records.

The same with bank fraud. No mortgage lender issues a loan without hiring their own independent real estate appraiser. The lender, not the borrower, hires the appraiser. The appraiser answers to the lender in all questions. No lender cares what you think your property is worth.

1 posted on 06/07/2021 3:14:20 AM PDT by Moseley
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To: Moseley

Continued harassment


2 posted on 06/07/2021 3:15:18 AM PDT by Chickensoup (Voter ID for 2020!! Leftists totalitarian fascists appear to be planning to eradicate conservatives)
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To: Chickensoup

crimes committed by democrats go un challenged and un prosecuted


3 posted on 06/07/2021 3:17:24 AM PDT by ronnie raygun
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To: Moseley

All of Congress being arrested, today, June 7 2021 is more likely than Trump being arrested *anytime* *anyday*.


4 posted on 06/07/2021 3:19:57 AM PDT by C210N (You can trust government or you can understand history. But you CANNOT do both)
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To: Moseley

...bank fraud (in loans) and insurance fraud by overvaluing the same real estate on loan applications and for insurance coverage...

Spot on with your first point. Are you getting a bank loan on historical cost, or what the developer will convert that property into?

Same with Insurance. You want to insure the replacement cost of the asset, and insure against business interuption, etc


5 posted on 06/07/2021 3:21:33 AM PDT by Steven Tyler
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To: ronnie raygun

They’ know the election fraud will soon be exposed.


6 posted on 06/07/2021 3:23:47 AM PDT by lilypad
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To: Moseley

Thanks for laying it out so clearly. I never understood what basis the Dems … er, NY officials … had for their various investigations, prosecutions, etc. The answer is that they don’t, it’s all political harassment, and they are indeed “screaming at the sky” to make themselves feel better.

All this at a huge cost to taxpayers and the justice system…but who cares about them?


7 posted on 06/07/2021 3:25:41 AM PDT by livius
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To: ronnie raygun

crimes committed by democrats go un challenged and un prosecuted

Whose fault is that?

Conservatives.

And how we burned in the camps later, thinking: What would things have been like if every Security operative, when he went out at night to make an arrest, had been uncertain whether he would return alive and had to say good-bye to his family? Or if, during periods of mass arrests, as for example in Leningrad, when they arrested a quarter of the entire city, people had not simply sat there in their lairs, paling with terror at every bang of the downstairs door and at every step on the staircase, but had understood they had nothing left to lose and had boldly set up in the downstairs hall an ambush of half a dozen people with axes, hammers, pokers, or whatever else was at hand? The Organs would very quickly have suffered a shortage of officers and transport and, notwithstanding all of Stalin’s thirst, the cursed machine would have ground to a halt!
Solzhenitsyn


8 posted on 06/07/2021 4:01:54 AM PDT by Chickensoup (Voter ID for 2020!! Leftists totalitarian fascists appear to be planning to eradicate conservatives)
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To: Moseley

They should try speaking to the sky, not yelling.

Speak to the Sky 2:43 — Rick Springfield
https://www.youtube.com/watch?v=5s8L32Xak80


9 posted on 06/07/2021 4:08:57 AM PDT by Pollard
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To: Moseley

And when there is a huge intangible for BRAND OR NAME RECOGNITION, it is even more of an art.

A pocketbook costs $12 to make. A name tag of “Walmart” on it means it sells for and is valued at $24.95. A name tag of “Louis Vuitton” means it sells for and is valued at $824.95, a brand/name intangible of $800.

If Trump claims his building has a brand/intangible of $50 million, that is between him and the bank to haggle over.


10 posted on 06/07/2021 4:10:20 AM PDT by BiglyCommentary
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To: Moseley

The Leftist DA will charge Trump with some crime, doesn’t matter which one, just something, anything; around July or August 2022 in time for the upcoming mid-term elections. Much like the breathless incitement’s just before the 2018 mid-terms. The entire purpose is to destroy *any* opposition to one-party rule by Dems.


11 posted on 06/07/2021 4:35:32 AM PDT by Flick Lives (“Today we celebrate the first glorious anniversary of the Information Purification Directives.”)
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To: Moseley

New Yorkers worried about getting mugged in the subway or assaulted on the street

:|


12 posted on 06/07/2021 4:36:32 AM PDT by AppyPappy (How many fingers am I holding up, Winston? )
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To: Moseley

Nailing jello to a wall...great analogy, I’m stealing it.

I’ve been saying this same thing for 5 years. The IRS has had Trump’s taxes on audit for at least 10 years, they have found nothing. Zip, zilch, zero.

The New York Times sent out 20 people in 2015 to dig up anything negative they could find on Donald Trump. They found nothing. Zilch, zero, zip. What little they did turn up was debunked in no time.

Not one shady business deal, not one disgruntled employee with a horror story about what an awful boss he is...or was...nothing.

Both IRS and NYT failed to find anything they could throw against the wall that would stick. Nothing. Like trying to nail jello to a wall...

And democrats are still grasping at straws, when they should just admit they have come up empty every time. But no, the low information voters watching ABCNBCCBSCNNMSNBC will believe every word of the tripe they are being fed. Bryan Williams and Rachael Madcow said it so it must be truth...Anderson Cooper reported it so it must be carved in stone...No way, Jake Tapper wouldn’t lie to us!

So here we are, 5 - nearly 6 - years later, STILL watching democrats try to nail jello to a wall...

I’m disgustipated...


13 posted on 06/07/2021 4:40:40 AM PDT by Paleo Pete (You can't fix stupid, but you can numb it with a 2X4...)
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To: Moseley

Cyrus Vance is an American Domestic enemy and must be destroyed

It is the duty of every official who swore to protect America from Domestic enemies to attack and destroy Crus Vance Jr


14 posted on 06/07/2021 4:44:04 AM PDT by bert ( (KE. NP. N.C. +12) Like BLM, Joe Biden is a Domestic Enemy )
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To: Moseley

You are right on all points. Vance and Letitia James are greasy apparatchiks abusing the legal system.


15 posted on 06/07/2021 6:26:51 AM PDT by Jimmy Valentine (DemocRATS - when they speak, they lie; when they are silent, they are stealing the American Dream)
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To: Jimmy Valentine

I almost think the best thing that could happen is to go ahead and have a trial, and for everyone to see Trump vindicated.


16 posted on 06/07/2021 6:28:00 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Moseley

Getting leftists stirred up with breathless anticipation Russia Russia Russia act 4.


17 posted on 06/07/2021 1:23:06 PM PDT by Vaduz (women and children to be impacIQ of chimpsted the most.)
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