Truebeliever
6.5 Creedmoor
Trump doesn’t have money? That’s the case we are talking about, right ?
I think it was a hearing . But if it was a bench trial, that’s one of the risks . You might get a stupid or biased judge .
New York Judge Rules Without Trial, Jury or Verdict, That President Trump Must Dissolve All Business Interests in State
- Thread starter livingston
- Start date
I think it was a hearing . But if it was a bench trial, that’s one of the risks . You might get a stupid or biased judge .
GOYABEAN
.950 JDJ
Yup Orange man bad Mmm ok 
How valuable is land you can't develop?
Saltwater60
20×102mm Vulcan
I refinanced and I had to pay an independent appraiser. You know what the appraiser asked me? He said what are you trying to do with this refinance, are you trying to take money out against the property? I said no, just looking to cut 5-10 years of payments and get the 0.5% lower interest rate and drop PMI. He said ok I’m going to say it’s worth $200,000-$210,000 but clearly you could sell it for more than that in this market. So this guy defrauded me and I’m sure it happens all the time. I’m sure the banks tell them to estimate the home value you 80% so they don’t get screwed in market fluctuations.
Dr. Evil
20×102mm Vulcan
For a while now I have been way more concerned about domestic compared to foreign. THEY are my true enemies.
ManualF150
.308 Win
Same here my friend... same here.
Arjuna
.338 Win Mag
TEOTWAWKI inc.
.338 Win Mag
I passed a few electronic highway signs near Newark that read 'suspect terrorism call XXX-XXX-XXXX'.
I almost called.
dwa12479
.338 Win Mag
Key phrase there though is "...in this market". Just because there's a hot market for something today doesn't necessarily mean it's worth more than it was yesterday or will be tomorrow. Putting a valuation on real property has to take market fluctuations into account.
JRtraderny
.308 Win
Bingo hand the man a cigar !!
Steal2B
.700 Nitro Express
THIS IS WHAT HAPPENS WHEN A LEFT WING HIPPIE RUNS UNOPPOSED FOR A VACANT JUSTICE SEAT. FUNYC
Dr. Evil
20×102mm Vulcan
Wonder who appointed this Judge?
The evidence before the court is
Incontrovertible, there's no need for
The jury to retire
In all my years of judging
I have never heard before
Of someone more deserving
Of the full penalty of law
The way you made them suffer
Your exquisite wife and mother
Fills me with the urge to defecate
Since, my friend, you have revealed your
Deepest fear
I sentence you to be exposed before
Your peers
Tear down the wall
The evidence before the court is
Incontrovertible, there's no need for
The jury to retire
In all my years of judging
I have never heard before
Of someone more deserving
Of the full penalty of law
The way you made them suffer
Your exquisite wife and mother
Fills me with the urge to defecate
Since, my friend, you have revealed your
Deepest fear
I sentence you to be exposed before
Your peers
Tear down the wall
Dr. Evil
20×102mm Vulcan
Judge says Mar-a-Lago is valued at 18 million. In 2022 it was tax assessed at 30 million dollars. Tax assessments are usually much less than the actual value. Houses around Trumps place are on much less land and worth more than Trumps place according to this. Mar-a-Lago is on 20 acres with the ocean on one side and the intercoastal on the other. A waterfront property on both sides and 20 acres. You really think it's 18 million? Most likely 100 million and even much more. The homes around him on less property and not waterfront are 40 million, 50 million, etc. and they are nowhere close to 20 acres. If you can't see what is going on here you are a fucking idiot. That's right, I'm talking about you.
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GOYABEAN
.950 JDJ
Supposedly same neighborhood 2 acre lot waterfront only is valued at 200 million but 20 acres of President Trump is only 18 million
C'mon manYou know damn good and well it's a kangaroo court with but one goal: the destruction of Trump by any means possible. have you noticed how conspicuously quiet the Media has been about the Judge who made this Ruling without a Trial or any of the steps normally taken? Is he a Biden or Obama appointee? DNC Party connections?Supposedly same neighborhood 2 acre lot waterfront only is valued at 200 million but 20 acres of President Trump is only 18 million
Truebeliever
6.5 Creedmoor
The funny thing is I have never seen such a punishment even if Trump was guilty. And I don’t think he is any more than very other business man .
Acer-m14
20×102mm Vulcan
Trump's New York fraud ruling sets precedent that lying about square footage is WRONG?
gotta watch ..
they all Lie in NYC
spat
.950 JDJ
Since the value of an asset is a matter of opinion, it is set by the party loaning the money, not the party requesting the loan.
Trump could claim the tower is worth a trillion dollars, but when he requests a loan, the bank will send (or hire) an independent assessor to decide what *they* think it's worth.
Have you ever taken out a mortgage? It's not like you can tell the bank your house is worth 5 million if it's a shithole and just get free money....
spat
.950 JDJ
Until a property actually sells its value is just an opinion.
An opinion can't be fraudulent.
For instance I would not sell my place for $1M. But certainly nobody is going to offer anywhere near that.
So, can I claim it's worth $2M because that's what someone would need to offer to get me to sell ?
Or is it worth $500k, even though I would never sell it so cheap ?
If Trump's properties are really not worth that much, should he be able to sue NYC for all the property taxes they fraudulently charged him based on *their* inflated assessment ?
libertysnake
.338 Win Mag
Ah yes, the typical decree from the kings of the bench.
It goes well beyond that. I looked at the document, did you?
Certain things are not opinion, such as building size (square footage). Now it's reasonable to have some small variance IE. 10920 Sq ft. Vs 11034 Sq ft. Or similar. But 10000 vs. 30000 Sq ft for the same space? That's not a good faith error.
Saltwater60
20×102mm Vulcan
He has money but possibly not time. Should he have to spend his money on this? If found not guilty he should be reimbursed
Truebeliever
6.5 Creedmoor
I agree. And he might sue the state of NY when it’s over in federal court for civil rights violations.
repete
.338 Win Mag
I did not look at any document but wonder about that 20,000 sq ft discrepancy. The apartment is a "triplex", I'm assuming that is three floors. Three times 10,000 easily adds up to 30,000 sq ft. even using todays new math. Did the judge just look at the square footage of one floor? That wouldn't surprise me at all with all the other things he declared.
spat
.950 JDJ
I cannot imagine a bank offering a multi million dollar loan without an inspection that would uncover such a massive discrepancy.
It's far more plausible to me that an activist judge with a case of TDS has made things up because "orange man bad".
And regardless of which is the truth, the fact that halfjj the country believes each is a sign of a major crisis of confidence in our institutions. That is the real danger here. But the institutions seem to think that when half the people no longer trust them, the solution is to just claim "they must all be stupid or crazy" and that's enough.