Posted on 11/23/2023 1:10:21 PM PST by thegagline
Sounds good. I'll loan you a billion dollars against your pencil.
And later, you've paid me back every penny with interest which is exactly what Trump did.
Where's the fraud?
The prosecution is relying upon the affirmation/ declaration clauses of the contract. This is where the signatory affirms that they have reviewed the document and declares that the foregoing was true, correct and complete. The IRS , for example, often relies upon this type of declaration in prosecuting tax fraud.
There is no fraud. No bank gave him a loan based on his figures. At least not a responsible loaner.
A podcast I listen to whose hosts are most certainly not fans of Trump even concede that this case is total BS. More, it sets a frightening precedent that's bound to backfire as the "fraud" Trump is accused of perpetrating is actually a very common practice in real estate.
As if evidence matters in her Kangaroo Court.
He said, she said! No proof.
“It’s a milestone for sure. It’s the 400th career-ending smoking gun they’ve found on DJT in just 8 years.”
WHY does anybody need a gun with 400 career-ending smoking bullets in the chamber?
Please, who wrote this release, Adam Schiff?
How could she not? Wouldn't that be the only thing that WOULD show up in the mirrors?
Instead of the “death by 1000 paper cuts” theme, it’s the prosecutorial pile-on (because they CAN) theme.
-- Lavrentiy Beria, chief of NKVD (Soviet Secret Police)
I understand your point - it’s just that I’d assume these aren’t simple documents and they did state “prepared” - which he didn’t.
Pretty much any executive could be found guilty of something then, especially if the court itself just gets to declare ‘fraud’ by declaring property estimates to be something other than specified.
...that said, ‘could’ equals ‘yes’ when used selectively, as in this instance - but that just highlights this lawlessness. That they could then do this to anyone is something we all need to think about.
“that it was his understanding”
YUP rock solid case law here boys, pack it up
Newsweek, another LEFT WING RAG.
DONT BELIEVE Newsweek.
Trump would have gotten loans on a number of properties.
In obtaining each loan, the loan would never be given out for more than the value of the individual property.
Since real property tends to rise in price over time, Trump’s wealth would tend to increase over time.
NYC commercial real estate is going through tough times now, but that obviously cannot continue. NYC government will have to clean up its act.
Meanwhile, golf course property is probably at an all-time high.
I live near a major highway in Florida.
Investors sit on commercially zoned land for decades until the available selling price pretty much reaches the maximum in real terms.
These investors know their trade.
Is this issue from 2014? The Statute Of Limitations on a chicken sh!t “crime” like this certainly must have ended a few years ago.
“A price target is an analyst’s projection of a security’s future price, one at which an analyst believes a stock is fairly valued.”
https://www.investopedia.com/terms/p/pricetarget.asp
“the Gordon Growth Model
attempts to calculate the fair value of a stock irrespective of the prevailing market conditions... If the value obtained from the model is higher than the current trading price of shares, then the stock is considered to be undervalued and qualifies for a buy, and vice versa.”
https://www.investopedia.com/terms/g/gordongrowthmodel.asp
“It was his understanding”……if Letitia James thinks that is legitimate witness testimony, her law school needs to be shuttered.
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