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If you pay off your mortgage and

artradley said:
I generally agree with that philosophy, and subscribe to it myself. However, I would point out a couple of things. First, depending on their tax bracket they might have to be earning 5% or 6% before taxes to be equal to paying the 2.75% mortgage. Second, there is value to the emotional well-being people feel by not having debt. For a lot of people, even if you can show them the math that says the can probably expect to do a couple hundred dollars better if they keep the mortgage, they would make that trade for the peace of mind.
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Exactly. Well worth it and that money that was spent on the payoff was re-accumulated pretty fast when you are not giving a chunk to the bank in interest. My retirement accounts are also doing well and I am living a better life now and not putting all my eggs in the retirement basket. Nothing is guaranteed…
 
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Rifler said:
Probably true, but I don't get concerned when corrupt politicians "disagree" with my positions,.. both of theses clowns are simply carrying water for the DNC..
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LOL...I think the better explanation is that politicians who don't "agree" with your positions are automatically corrupt in your mind. Here's the law:

SECTION 63
General duties
Executive (EXC) CHAPTER 18, ARTICLE 5

§ 63. General duties. The attorney-general shall:

12. Whenever any person shall engage in repeated fraudulent or illegal
acts or otherwise demonstrate persistent fraud or illegality in the
carrying on, conducting or transaction of business, the attorney general
may apply, in the name of the people of the state of New York, to the
supreme court of the state of New York, on notice of five days, for an
order enjoining the continuance of such business activity or of any
fraudulent or illegal acts, directing restitution and damages and, in an
appropriate case, cancelling any certificate filed under and by virtue
of the provisions of section four hundred forty of the former penal law
or section one hundred thirty of the general business law, and the court
may award the relief applied for or so much thereof as it may deem
proper. The word "fraud" or "fraudulent" as used herein shall include
any device, scheme or artifice to defraud and any deception,
misrepresentation, concealment, suppression, false pretense, false
promise or unconscionable contractual provisions. The term "persistent
fraud" or "illegality" as used herein shall include continuance or
carrying on of any fraudulent or illegal act or conduct. The term
"repeated" as used herein shall include repetition of any separate and
distinct fraudulent or illegal act, or conduct which affects more than
one person. Notwithstanding any law to the contrary, all monies
recovered or obtained under this subdivision by a state agency or state
official or employee acting in their official capacity shall be subject
to subdivision eleven of section four of the state finance law.

I highlighted relevant sections for you. Tell me where I missed the part about "victims". He did what it says he can't do. He misrepresented his properties. He did it again and again and again. Explain, please, how he's NOT guilty. TIA
 
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ihhawk said:
What should I list the value of my property at now on my balance sheet?

If I’m too high am I committing fraud?
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Are you overstating the value of your property by orders of magnitude on your balance sheet in order to obtain favorable loan conditions? Have you engaged in this behavior over decades through multiple transactions? Better not be in NY...they have a law about that.
 
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ihhawk said:
Somewhat related.

I bought my 6.5 acres back in Iowa for $29,900 cash. Henry county treasurer office had the tax value at $19,000.

I built my barndominium on it last year and financed the structure with the local bank. On my asset sheet I put 60,000 as the value of the property. The bank’s appraiser said the value of the lot without a building was $112,500.

My building is built and I built a pond. I’m going to build a house on it. I think I could sell it now and get $200,000.

What should I list the value of my property at now on my balance sheet?

If I’m too high am I committing fraud?
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Did you lie and claim it was 19 acres?

That's what Trump did (literally)
 
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ihhawk said:
Somewhat related.

I bought my 6.5 acres back in Iowa for $29,900 cash. Henry county treasurer office had the tax value at $19,000.

I built my barndominium on it last year and financed the structure with the local bank. On my asset sheet I put 60,000 as the value of the property. The bank’s appraiser said the value of the lot without a building was $112,500.

My building is built and I built a pond. I’m going to build a house on it. I think I could sell it now and get $200,000.

What should I list the value of my property at now on my balance sheet?

If I’m too high am I committing fraud?
Click to expand...

You should try claiming it as $20M and see how that goes, if you want to compare your situation to Trump
 
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MitchLL said:
The reason it's 90% is because the Radical Right has no reasonable explanation for their POV and have simply stopped trying to explain it.

It used to be 50/50 around here.
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No, I have very well articulated explanations for my ideas but the left refuses to listen or consider because they refuse to stray from their pre-approved orthodoxy. I understand certain policies where different people may disagree and come at issues from varying perspectives, but others are pure head scratchers. Why does the left refuse to secure the border when everyone knows the ease at which drugs come across as well as criminals, terrorists and likely spies when one looks at how many Chinese are coming. Not to mention the human trafficking that is occurring everyday. What about crime, why doesn't the left do what everyone knows works, locking up criminals. It has worked for a thousand years. The leftist DA's who refuse to prosecute and politicians who want to defund the police, I just don't get it. If Americans can't agree that stopping crime and protecting our borders is important, how in the world can we effectively attack more controversial issues?
 
tarheelbybirth said:
Basing the value on your appraisal isn't fraud, you know. Basing the value on shit you just make up...that's fraud.

See the difference?
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You know what is weird, that law is over 70 years old and has only been used a few times in those 70 years and not once when there wasn't a victim. And in case you weren't aware, NY is a really big city and they have had a lot of people and businesses that have come and gone in those 70 years but not one single case brought (didn't say won, yes I said brought) in those 70 years until Trump, weird isn't it?
 
abby97 said:
You know what is weird, that law is over 70 years old and has only been used a few times in those 70 years and not once when there wasn't a victim. And in case you weren't aware, NY is a really big city and they have had a lot of people and businesses that have come and gone in those 70 years but not one single case brought (didn't say won, yes I said brought) in those 70 years until Trump, weird isn't it?
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Trump just could have done the simple thing, and not repeatedly lied about things. You guys act like it's a hard thing to just not lie.
 
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ihhawk said:
I could. And when the bank sent their appraiser out they would tell me it isn’t. Ty hey will only loan based on their appraisal correct?
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Unless you show their appraiser more faked data on your claim.
And filed paperwork AND taxes for that faked claim.

Go All In, buddy. See how it works out for you.
 
abby97 said:
You know what is weird, that law is over 70 years old and has only been used a few times in those 70 years and not once when there wasn't a victim. And in case you weren't aware, NY is a really big city and they have had a lot of people and businesses that have come and gone in those 70 years but not one single case brought (didn't say won, yes I said brought) in those 70 years until Trump, weird isn't it?
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I call BS on this claim.
 
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abby97 said:
You know what is weird, that law is over 70 years old and has only been used a few times in those 70 years and not once when there wasn't a victim. And in case you weren't aware, NY is a really big city and they have had a lot of people and businesses that have come and gone in those 70 years but not one single case brought (didn't say won, yes I said brought) in those 70 years until Trump, weird isn't it?
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Actually, it's 68 years old and has been used in multiple high-profile cases in just the last few years including against law firm Balsamo, Rosenblatt & Hall, Exxon/Mobile, and Martin Shkreli.

Now...could you point to the relevant section of the law where "victims" are required in order to pursue justice? TIA
 
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ISUBryceC said:
Trump just could have done the simple thing, and not repeatedly lied about things. You guys act like it's a hard thing to just not lie.
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Ya, you're probably right, while he was at it, he probably shouldn't have called Ukraine while President, he could have just not asked the State of Georgia if there were any more votes or he could have just not been in a NY department store 35 years ago making it too easy for anyone to claim he groped her 30 years ago, he could have not been in DC during Biden's inauguration when a riot broke out so no one could have claimed he instigated it, yea, it's not like the left is looking for any possible way to damage Trump.:rolleyes::rolleyes::rolleyes:
 
abby97 said:
Ya, you're probably right, while he was at it, he probably shouldn't have called Ukraine while President, he could have just not asked the State of Georgia if there were any more votes or he could have just not been in a NY department store 35 years ago making it too easy for anyone to claim he groped her 30 years ago, he could have not been in DC during Biden's inauguration when a riot broke out so no one could have claimed he instigated it, yea, it's not like the left is looking for any possible way to damage Trump.:rolleyes::rolleyes::rolleyes:
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It feels like you are self-incriminating here. Or are you trying to show that Trump didn't do anything wrong in your long list of Trump's (often) proven malfeasances?
 
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Joes Place said:
He did not "ask the state of Georgia IF there were any more votes"

He asked/implied for them to FORGE 12,000 more votes.
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And the "riot" was not during bidens inauguration it was weeks before that when trump was ya know... still president and stood by and did nothing but cheer on that "riot"... you pretend like you are smarter than us lefties but you make it REAL easy to prove otherwise. You would think at some point YOU would be the one who would learn but alas you do not.
 
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tarheelbybirth said:
Actually, it's 68 years old and has been used in multiple high-profile cases in just the last few years including against law firm Balsamo, Rosenblatt & Hall, Exxon/Mobile, and Martin Shkreli.

Now...could you point to the relevant section of the law where "victims" are required in order to pursue justice? TIA
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If there are no victims then there can be no justice. What is the purpose of filing charges against someone when there was no victim? No one sustained a loss, no one was injured, no one complained? That is why when there wasn't a victim no case has ever been filed in 68 years. That is until Trump and you know it was purely political. tarheelbybirth, I'm sure your proud because your hero Stalin said "give me the man and I'll find the crime." and that's what NY did. The Democratic party is destroying democracy in America.
 
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abby97 said:
No, I have very well articulated explanations for my ideas but the left refuses to listen or consider because they refuse to stray from their pre-approved orthodoxy. I understand certain policies where different people may disagree and come at issues from varying perspectives, but others are pure head scratchers. Why does the left refuse to secure the border when everyone knows the ease at which drugs come across as well as criminals, terrorists and likely spies when one looks at how many Chinese are coming. Not to mention the human trafficking that is occurring everyday. What about crime, why doesn't the left do what everyone knows works, locking up criminals. It has worked for a thousand years. The leftist DA's who refuse to prosecute and politicians who want to defund the police, I just don't get it. If Americans can't agree that stopping crime and protecting our borders is important, how in the world can we effectively attack more controversial issues?
Click to expand...
The issue you have is you always think you're the smartest person in the room.
 
abby97 said:
If there are no victims then there can be no justice. What is the purpose of filing charges against someone when there was no victim? No one sustained a loss, no one was injured, no one complained? That is why when there wasn't a victim no case has ever been filed in 68 years. That is until Trump and you know it was purely political. tarheelbybirth, I'm sure your proud because your hero Stalin said "give me the man and I'll find the crime." and that's what NY did. The Democratic party is destroying democracy in America.
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You’re a troll. That’s why I have you on ignore. I sometimes forget that but then I read what you post and I remember that anyone who was truly this f’n stupid would have been dead from some self-inflicted Florida man Darwin-Award winning stupidity long ago. Thanks for the reminder…back to purgatory with you and I would suggest everyone else do the same. These asshats feed on responses - the only cure is to make them disappear. Bye troll.
 
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abby97 said:
If there are no victims then there can be no justice. What is the purpose of filing charges against someone when there was no victim?
Click to expand...

So, I can conspire to kill you, and when they catch my hitman and implicate me, I'm free to try again, because "there was no victim"...

Got it.
 
abby97 said:
Ya, you're probably right, while he was at it, he probably shouldn't have called Ukraine while President, he could have just not asked the State of Georgia if there were any more votes or he could have just not been in a NY department store 35 years ago making it too easy for anyone to claim he groped her 30 years ago, he could have not been in DC during Biden's inauguration when a riot broke out so no one could have claimed he instigated it, yea, it's not like the left is looking for any possible way to damage Trump.:rolleyes::rolleyes::rolleyes:
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Holy crap. Do you believe these things? Like just for one, he wasn't just "in" DC he spoke at the rally that immediately preceded the insurrection.
 
tarheelbybirth said:
Are you overstating the value of your property by orders of magnitude on your balance sheet in order to obtain favorable loan conditions? Have you engaged in this behavior over decades through multiple transactions? Better not be in NY...they have a law about that.
Click to expand...
Curious how many times said law in NY has been enforced to this degree?
 
WisestIowan said:
So an appraisal from 2010 shows a value of $100MM. In the year 2023 you're saying your PFS should still say $100MM? That's wild. The value of that has clearly increased.
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LOL...so get a new f'n appraisal, dumbass. You don't get to just say, "Hey! It's been thirteen years...it must be worth a GAZILLION now!!" smh at the stupidity.
 
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abby97 said:
Ya, you're probably right, while he was at it, he probably shouldn't have called Ukraine while President, he could have just not asked the State of Georgia if there were any more votes or he could have just not been in a NY department store 35 years ago making it too easy for anyone to claim he groped her 30 years ago, he could have not been in DC during Biden's inauguration when a riot broke out so no one could have claimed he instigated it, yea, it's not like the left is looking for any possible way to damage Trump.:rolleyes::rolleyes::rolleyes:
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Well no duh. That's one of the many,. many reasons why he's a bad leader for this nation.

The right has been digging on anything for anything they can use to damage Biden. Guess what? The best they've gotten at this point is some of his son's dick pics that they got to show in congress. It's a lot easier to govern when you don't have a ton of skeletons in your closet.
 
Rifler said:
There is no law against what Trump is being charged with, as the statute in question is being improperly applied here,.. This consumer protection law has never before been used in this fashion, and the Governor of New York is going out of her way to advise New York business investors that it will never be used like this again,.. This is just another DNC erected road block.
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Trump committed fraud that benefited his company and himself. Fraud. It’s not a witch hunt. Trump is a cheat/criminal, plain and simple.
 
SI_NYC said:
Trump committed fraud that benefited his company and himself. Fraud. It’s not a witch hunt. Trump is a cheat/criminal, plain and simple.
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Biden never doing anything outside of government and getting sooooo rich is a much bigger outrage. Billing the taxpayers for all that dough. Couldn't possibly anything to see here. Lol
 
1inamillion said:
Biden never doing anything outside of government and getting sooooo rich is a much bigger outrage. Billing the taxpayers for all that dough. Couldn't possibly anything to see here. Lol
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Given the fact that the entire GOP and all Rightwing media have spent the last several years trying to uncover something illegal and have come up empty, it is pretty clear that there is, indeed, nothing to see here. I realize this is a matter of faith with people like you, but don’t be surprised when others don’t share your faith.
 
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tarheelbybirth said:
LOL...so get a new f'n appraisal, dumbass. You don't get to just say, "Hey! It's been thirteen years...it must be worth a GAZILLION now!!" smh at the stupidity.
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I asked originally are you supposed to get a new appraisal every month? That's how this whole thing started. Market conditions change frequently. On a personal financial statement you make a best reasonable guess effort to value your assets. That's how it is done and that's how it's always been done.

Source: Commercial real estate finance professional for over 16 years.
 
WisestIowan said:
I asked originally are you supposed to get a new appraisal every month? That's how this whole thing started. Market conditions change frequently. On a personal financial statement you make a best reasonable guess effort to value your assets. That's how it is done and that's how it's always been done.

Source: Commercial real estate finance professional for over 16 years.
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And it appears to me Trump did not make a best guess. He knowingly placed values on property multiples of times more than an honest estimate would have arrived at. I think it’s difficult to imagine otherwise.

Which is the difference between the natural differences of opinions and fraud.
 
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