Not exactly. They weren’t crimes then because he was a liberal, east coast celebrity who ran with the right crowd within the proper circles.
Jon Stewart shreds the "victimless crime" claim of Trump's fraud guilty judgment
- Thread starter Menace Sockeyes
- Start date
Umm I'm pretty sure both are allowed to demand that valuations be reasonable. IDK about New York but my state tells me the value of my home and I'm allowed to appeal that if I can get a real estate appraiser to say it's different.
So tripling your actual square footage is just a error in estimation? Or is square footage not a measurable objective stat and is in your mind entirely subjective?
So in your scenario you appeal your property tax valuation and ultimately reach an agreement with the state on a final taxable value.,.. You're happy, the state is happy and the taxes get paid,... That's essentially the same type of interaction that happened with Trump and his bank loans
Stewart and I will add Maher are tremendous. When they call someone out it's warranted and can do so without political bias even though everyone knows where they lean.
The "aspects" of his loan agreements were based on knowingly fraudulent information. Now answer this...if it doesn't matter...WHY LIE?
Jon Stewart? LOL
He would have a hard time shredding lettuce.
So you're ok with people enriching themselves as long as there are no victims?
So what's your beef with Joe and Hunter Biden selling the Biden name when he wasn't VP and had no influence over legislation? No victim there, just lying and making promises to get rich. Apparently its the new American way.
But then provided a different valuation to the bank. . . To secure lower interest rate loans.
And as Jon Stewart pointed out since the banks can only loan out so much his loans based on fraudulent information could have easily prevented another person who told the truth from receiving loans.
You're in the business,.. How do you measure square footage of a property?,.. Room by room interior finished dimensions?,.. Out to out on foundations inclusive of wall cavities?,.. Do you include only finished spaces?,.. What is your definition of finished?,.. What about finished but non-conditioned spaces like garages,.. What about remote unoccupied structures that might also exist on the property?
No,... "square footage" is not necessarily an immediately objective stat.
Explain how you get from 11,000 actual square feet to 30,000 bullshit square feet. TIA
And it was a f'n PENTHOUSE. How many outbuildings do you imagine exist?
Imagine being such a Trump loyalist that you think square-footage is theoretical.
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what if you count not just floor areas, but also the walls and ceiling area?
what if it's a measure of volume, not area?
It’s the elites and Mainstream Medias fault for lying to us so much. It’s coming from a place of honesty.
One would think they'd be self-lubricating by nowMale Republican version of voting for trump.
Who's trying to sell something? Pretend you're shopping around for a life insurance policy. You tell the insurance company you're in perfect health but you know you have a terminal illness . This is fraud, plain and simple.
They think an election was stolen. They think vaccines carry tracking devices. They think people who beat police officers were just tourists. These are not smart people.
Naw, I think of it is as conditioning. The new age has us consuming information constantly. People constantly check their feeds when before they had to fill idle time with something else. Don’t think stupidity is what is really going on here. Instead paradigm shift in how people process information is.
I'll disagree to some extent. These people were always there and they were always stupid as hell but they didn't get their stupidity validated every other minute. They might have even suspected they were stupid so they kept their mouths shut. Now, they've found strength in numbers and there's no putting them back under their rocks.
Death of shame. Or the intentional glorification of ignorance. Nobody enjoys being wrong. But an ego deflator should be welcome. Keeps you sane.
What if New York’s property records were public and could be used by lenders to assess loan applications? Oh. Wait.
Selling national secrets and currying favor from out enemies in exchange for millions in cash is not the American way. Withholding funds in exchange for firing prosecutors?
Are you insane to even compare the two?
Jon Stewart? LOL
He would have a hard time shredding lettuce.
That was 2009. Do you even inflation, bro?
its also the difference between a civil penalty and bail.
the financial penalties are basically the whole of trump's consequences for his fraud. madoff on the other hand, was facing criminal penalties that ultimately put him in prison for the rest of his life (and the bond was just make sure he showed up in court)
So did Trump endanger society when keeping confidential documents and storing them in easily accessible places so that any guest could have found them? Did he break specific rules that he agreed to when becoming President?
Its insane that you're pushing 2 debunked conspiracy theories as a counterpoint to my argument.
It's also curious that you see that withholding funds in exchange for things, say political investigations, is criminal. Good to know you support the first Trump impeachment.
No bank loans money to anyone based on the borrowers word. Every bank conducts their own appraisal and evaluations. To suggest that Trump broke the law by claiming his properties are worth more than the city believes, is nonsense. The judge claimed Trump's Mar-A-Lago was worth $18 million when the real estate community values the property between $426-$612 million.
Jon Stewart needs to stick to comedy, business is not his strong suit.
New York CNN Business —
A New York judge ruled last week that former President Donald Trump inflated the value of his Mar-a-Lago estate by an eye-popping 2,300%.
That finding, part of shocking ruling that found Trump and his adult sons liable for fraud, was just one of multiple examples in which Judge Arthur Engoron found the Trump real estate empire to have been grossly inflated in value.
But the Mar-a-Lago finding in particular is raising eyebrows among real estate and legal experts because of the metric Judge Engoron relied on: the county tax assessor’s appraisal value.
“From 2011-2021, the Palm Beach County Assessor appraised the market value of Mar-a-Lago at between $18 million and $27.6 million,” Engoron wrote in his ruling.
The judge noted Trump valued Mar-a-Lago at between $426.5 million and $612 million, “an overvaluation of at least 2,300%, compared to the assessor’s appraisal.”
But it’s widely known that the tax assessor valuation is typically, though not always, less than what a property would command on the open market.
In other words, it’s not an apples-to-apples comparison.
“Appraisal values and market values are just not the same thing. It’s a well-known fact,” said Eli Beracha, chair of the school of real estate at Florida International University. “That’s especially true for properties that are unique. And it’s very easy to argue this is a unique property.”
Dina Goldentayer, executive director of sales at Douglas Elliman in South Florida, said in her experience in the ultra-luxury marketplace the tax assessor’s valuation isn’t considered when trying to value a property.
“He wouldn’t make a very good realtor,” Goldentayer said of the judge. “It’s so widely known that it’s not an accurate determination of market value.”
Goldentayer added, “If there is a ranking as to what would have the lowest valuation, it’s the tax assessor’s office, followed by Zillow and then the realtor’s valuation is the highest.”
It’s not correct to assume that a tax assessment and market value are the same thing, according to Jonathan Miller, president and CEO of Miller Samuel Inc., a real estate appraisal company in New York City.
“They can be, in some markets they are the same thing, but in most others they are not,” Miller said.
exactly...they "typically" use the value of the tax assessment
but sometimes you can use a number 23x higher than the value of the tax assessment
makes total sense...i'm sure its just a misunderstanding
