364 million verdict against the trumpster
- Thread starter kurt cloverdales
- Start date
Kirk is talking about bail bonds (which are required to be allowed out of prison during the criminal trial), and conflating with an appeal bond. The appeal bond is completely different tied to the amount of judgment times the interest. The appeal bond in the Trump case is a surety bond. Every state has near identical statutes following a judgment to stay execution of the judgment pending an appeal These statutes also allow for potential alternatives--for example, a letter of credit saying this person has $xxx in assets free and clear, blah blah.
He lied about the square footage of his residential triplex in Trump Tower, claiming it was 30,000 square feet when it was just one-third that size. He then valued the apartment at $327 million or $29,738 per square foot. That value was not only fraudulent but objectively insane given that the highest-ever sale in Trump Tower had been $16.5 million at a price of less than $4,500 per square foot, and the highest-ever sale for an apartment anywhere in New York City was just over $100 million at a price per square foot of under $10,000.
He valued his Seven Springs property at $291 million, based on the blatantly false contention that the property was zoned for nine mansions and that the Trump Organization had approvals to construct seven mansions that would net a profit of $161 million. The valuation of the mansions conflicted with limits imposed by the municipality as to how the property could be developed (similar to the shit he pulled with the Mar-A-Lago valuation). At the same time, Eric was working to finalize a conservation easement donation that would have allowed the Trumps to get a federal tax deduction for giving up significant developmental rights. The easement donation was a clear acknowledgment that they would never be able to develop the property for close to the $161 million profit they claimed as part of the fraudulent valuation.
I could go on but I don’t have the time. Jon Stewart did none of this. The comparison to Trump is patently absurd.
another day in the search for an everything equals everything yabbut. Tomorrow they will throw more crap against the wall and see if something else sticks.
People are starting to pay attention and are catching on. Polls in some key swing states are moving. Biden is now tied with Trump in Michigan and Pennsylvania and is 1 up in Wisconsin (he was down 4 last month) in the latest Bloomberg/Morning Consult polling.
Did he ever sell his condo or Seven Springs at a lower value proving a more accurate estimate? What were those values?
Were those assets used as direct collateral where the lender stated they relied solely on Trump's valuation, didn't do their own research, over-levered the property, and therefore felt they were due back interest?
The only opinions of value that matter here are those of the lenders...none of which complained. In fact, they wouldn't...they would simply say "Yeah, we get you think it's worth 5 zillion, but we're only giving you credit for $2 million....take it or leave it". We decide what he's worth on our own.
market value is always the predicate for the assessment used by the taxing authority. it's the basis for challenges
What is a 1970 442 pace car in mint shape worth?
What is a 1970 442 pace car in mint shape that was given to and owned by Al Unser for winning in 1970 worth?
3x's market? How do you know?
What is a 1970 442 pace car in mint shape that was given to and owned by Al Unser for winning in 1970 worth?
3x's market? How do you know?
Yeah, but it's not really applicable in this case.
About what?
I'm telling you how real professionals look at this, and why it's the biggest BS nothinburger in the history of fines.
We're supposed to default to your uneducated, partisan opinion on the matter? Offer something up then. Let's hear it.
Exactly. If Trump died 10 years from now and the kids didn't want Mar-a-Lago there is absolutely no telling what a Musk or a Bezos would pay for it just to say they owned Trump's crown jewel and the most iconic property in Florida. Would likely go for over a $1B easy. Same for Trump Tower and many of his other properties. They aren't worth what the same size property down the street is worth.
And even if it doesn't...who cares? It's simply his opinion.
Lenders don't really care about Borrowers opinions of value on things that are applicable.
Just the name Trump could make his properties special to some lenders in terms of raising value.
On the other hand, tax authorities could very well be influenced by reassessment pleas submitted by Trump hired professionals to lower values.
So the name Trump raises values in the eyes of lenders.
In contrast Trump professionals who have vast experience in reassessment pleas with government tax assessors know how to get favorable property tax assessments.
On the other hand, tax authorities could very well be influenced by reassessment pleas submitted by Trump hired professionals to lower values.
So the name Trump raises values in the eyes of lenders.
In contrast Trump professionals who have vast experience in reassessment pleas with government tax assessors know how to get favorable property tax assessments.
Yep. The voice of reason.
hoot should be on the SCOTWC..."Supreme Court of the Water Cooler".
That poll is always wrong and was taken like 3 weeks ago. Here's a more reliable one although FNC always underestimates Trump's support.
Once that sale closed, I'll bet the assessed value of Stewart's property went up.
Aren't assessed values for property taxation now dependent on actual home sales both of the subject property as well as comparable properties?
So the Mar-a-Lago opinion of "market value" versus tax assessed is immaterial?
Thank you for establishing that fact. 😄
You're far too late to save the day for Trump. Your use of "nothingburger" is pure Trumpspeak, so don't deny your intention.
All these arguments about "how real professionals look at this" and the "bankers" didn't complain have absolutely nothing to do with Trump's predicament. At best, those arguments might be grounds to ask the NY legislature to amend the statute at some point in the future. That's irrelevant to Trump's case.
Trump suffered this judgment under the current law, not somebody's preference as to what they would like the statute to say. And, practically speaking, a lot of people wondered at the time if Trump and his lawyers even tried to offer a good defense to what he was accused of. We all saw how ineffective was Trump's own final statement out of his own mouth (rambling incoherently over the time limit).
So, it doesn't matter if you think your "opinion" is better than someone else's. Here's what actually does matter -- enjoy:
Ha.
STFU dork.
You, or anyone else, were't worried about what Trump represented as his opinions of value on non-encumbured assets. Because he got "better loan terms", because of immaterial asset valuations? 😄
Other than Shooter, Orbit, and Hickory, you're the only pussy that still contents this was some upstanding prosecution, other than a partisan hit job.
At least UncleMark knows it's bullshit...he only approves of the nonsensical bullshit because it's Trump...which somehow makes him feel virtually acceptable.
You dorks keep trying to defend it as legitimate. 😄
Which you've never been able to refute.
The FNC legal babe used an example of ruby red slippers.
You can buy those slippers for $40 or you can buy the ones worn by Dorothy for $3 or $4 million.
You're arguing with morons.
dork
pussy
bullshit
dorks
Typical Trumpian response -- it has the content of a drinking straw.
This case is nothing but an example of an overbearing political ideology crushing opposition voices by any means necessary.. This can only happen in a one party jurisdiction like New York. Trump was sued under an unprecedented and tortured application of a consumer protection law that was never intended to address the issue James alleged and Judge Engoron bought.
If a private individual abused legal process in this way, they would be sued for the tort of abuse of process. But James and Engoron have no fear because they are protected by absolute immunity.
Many, if not all states have passed anti-SLAPP legislation to protect freedom of expression from seemingly legitimate private litigation which is only intended to stifle expression. Again, this legislation does not apply to the government. The government can use the seemingly legitimate legal process in this manner to stifle opposition voices without restraint.
We are all worse off with a case like this succeeding. But like the frog I’m the warm pot of water, many don’t see what’s coming.
What is a SLAPP Suit?
SLAPPed: A Tool for Activists What is a SLAPP Suit? What is a CyberSLAPP? Brief History of SLAPP Modern-Day SLAPPs Defending Against SLAPPs Importance of Anti-SLAPP Resources Download What is a SLAPP Suit? SLAPP is an acronym for a Strategic Lawsuit Against Public Participation. The term was...
www.acluohio.org
If it's not true, it should be easily disproved.
So, go ahead and show where it's not true.
Well the law says you can only deposit a mail in ballot for yourself and your immediate family that lives with you. If nothing malicious was proven maybe you can explain why countless individuals were taped visiting numerous drop boxes with stacks of ballots each time. Also, why they were all wearing surgical gloves and removed such gloves after depositing the ballots and then taking a photograph of their work.
Option 1) paid actors by Trump?
Option 2) that is just a load of bs
or something else.
If there was something there then why didn't a single judge take action on it? oh right, because it is a load of crap meant to rile up idiots that have no idea what they are talking about.
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They started out claiming you couldn't track vehicles with GPS. When it was proved the government does it every day, they just claimed "It's been debunked" - when it hadn't been debunked at all.
And these were vehicles tracked from multiple non-profits to multiple drop boxes.
But the FBI still can't find the 1/6 pipe bomber despite all their valiant efforts even though they have him on video using his cell phone while he was planting the bombs 😂
How is that defending anyone?dmb....defending insurrectionists since 1/6/2021
2000 Mules was a movie for the easily duped and you're one of them. The problem with the movie is that it's full of statements of fact which aren't at all facts. Within the first 20 minutes of the movie, which I found for free while you were paying money to see it, I knew it was aimed at idiots who believe things only because they want. As I pointed out after watching it the very heart of the movie, the cell phone data, does not support the conclusions. There is no evidence that those people even visited the drop box because the accuracy isn't that precise. The one person videoed dropping off a few and declared by DeSousa (who wasn't always a total nut) to be committing a crime wasn't. He was found by an investigator for the Georgia Board of Elections, and he was dropping off his ballots and those of his family - which is perfectly legal There are countless articles pointing out the movie didn't prove anything and almost none by anyone serious that defends it. That's because sane, logical people know it's a bogus movie. But hey, it duped people like you to pay to see it and you even recommended others waste their money to see it. Not everyone is a dupe.
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www.reuters.com
FACT FOCUS: Gaping holes in the claim of 2K ballot ‘mules’
A film debuting in over 270 theaters across the United States this week uses a flawed analysis of cellphone location data and ballot drop box surveillance footage to cast doubt on the results of the 2020 presidential election nearly 18 months after it ended.
apnews.com
2000 Mules Film Facts | Free Citizens
Dinesh D'Souza's new film investigates election fraud in the 2020 election—but its evidence is faulty.
www.free-citizens.org
Evidence Gaps in '2000 Mules' - FactCheck.org
A conservative film now playing in select theaters around the country isn't "determinative, definitive" proof of widespread voter fraud, as former President Donald Trump has claimed.
www.factcheck.org
That was never the claim. You're a very bad faith poster. What was said, and what remains a fact, is the tracking data did not prove any of those people were dropping off ballots or if they did, that it was more than allowed. The accuracy of the tracking can be several meters off. This is a fact which you don't like so you changed it to can't track at all and no one claimed that.
No, laws vary by state.
My state is Florida. The law for Florida is spelled out here: https://dos.fl.gov/elections/for-voters/voting/vote-by-mail/
key points:
A voter can designate any person to pick up their blank ballot in person, if they choose to not receive it by mail, but that designated person cannot pick up more than 2 ballots, other than their own and other than for family members.
IMPORTANTLY, there are no specifications, whatsoever, on who can take take a completed ballot to a ballot drop box or to a mail box:
How and Where to Return a Vote-by-Mail Ballot
A vote-by-mail ballot can be returned by mail or delivered in person. If returned by mail, it can be returned by the United States Postal service or through another private or commercial carrier as long as the ballot is received by the requisite deadline.
A vote-by-mail ballot cannot be returned online, by fax, by email or by fax with one exception. Overseas voters (civilian and military) have the option to return their ballot by mail or by fax. Please visit the webpage Military and Overseas Voting for more information.
Vote-by-mail ballots may also be deposited into secure drop boxes at Supervisors of Elections' main and branch offices until 7:00 pm (local time) on Election Day. Vote-by-mail ballots may also be deposited at secure drop boxes at designated early voting sites in the county. Visit your county Supervisors of Elections' website for the locations, days, and hours of all secure drop boxes in the county. Contact information can be found here.
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Aside: you can argue about whether those laws are adequate or not, but please don't lie about the existence of a law that (at least in many states) simply does not exist.
