Trump Indictment Watch

nsacpi said:
[tw]1720546141228409244[/tw]

The Big Lie continues to boomerang on its disseminators. Bigly.
Click to expand...



The lawfare by Biden continues.........




Disclaimer for Garmel - I am mocking you and others who claim anyone suing a Trump tard is lawfare by Biden when this is actually someone completely independent of Biden.
 
You continue to just be too clever for anyone else here. The disclaimers really do help those of us of inferior intellect. It is hard to keep up with which chess piece you are moving in each thread.
 
The disclaimers are just for Garmel, while some of you say stupid **** Garmel has serious reading comprehension problems. Without that disclaimer Garmel very well could have quoted that post 6 months from now saying I agreed Trumps legal problems were lawfare. Its hard for me to anticipate how he will interpret any post of mine. If I say the sky is blue he very well may say I said the sky is a Democrat or the sky is depressed. Or maybe the sky is a smurf. Who knows with this buffon.
 
Last edited:
This week in the Trump civil fraud trial the prosecution brought in Michiel McCarty who is a chief executive of an investment bank who testified that if not for the inflated net worth in Trumps statement he would have been charged a higher interest rate because of the increased risk which cheated the banks out of roughly 168 million dollars in interest. Just like I told the mental midget Garmel earlier. So much for no victim and no harm done.
 
If the banks thought that Trump's assessments were too high they were free not to deal with him. That's how free enterprise works. For a libertarian you sure don't seem to understand the concept that these valuations that McCarty are using is extremely subjective. Why is his interpretation of what the value is on those properties better than what the banks and Trump's people thought? I shouldn't have to explain this to your stupid ass but it seems like I have to.

This whole case demonstrates how statists in the government don't know how things work.
 
Last edited:
Garmel said:
If the banks thought that Trump's assessments were too high they were free not to deal with him. That's how free enterprise works. For a libertarian you sure don't seem to understand the concept that these valuations that McCarty are using is extremely subjective. Why is his interpretation of what the value is on those properties better than what the banks and Trump's people thought? I shouldn't have to explain this to your stupid ass but it seems like I have to.

This whole case demonstrates how statists in the government don't know how things work.
Click to expand...


You argue this like I make the law. I am just telling you the reality of the situation. You can cry all you want about it but under the law he is as guilty as it gets. It will be confirmed by every level of court that hers it. His only arguments he has to make are on technicalities like statute of limitations that aren't about the actual facts of the case.
 
cajunrevenge said:
You argue this like I make the law. I am just telling you the reality of the situation. You can cry all you want about it but under the law he is as guilty as it gets. It will be confirmed by every level of court that hers it. His only arguments he has to make are on technicalities like statute of limitations that aren't about the actual facts of the case.
Click to expand...

Not a chance in hell this will stick. The government doesn't get to determine the market value of a property, the buyer and the seller do.
 
Well, we heard what the appraiser the judge used for Mar-a-Lago said. Somewhere between 18-27 million. lol.

Nowhere in the ballpark.
 
Thats the tax assessor. Despite the fact that the Trump org signed off that they agreed with that valuation this isnt about a slight overvaluation its about a gross overvaluation of multiple properties. Trump can and did hand pick the an independent appraiser for his properties and then multiplied what that appraiser said by 10-50 times. What Trump did was use the market value of Maralago if someone were to buy it and tear down the social club and put houses on the property. Residential houses in the area sell for about 30 million and he could have put 10 or more homes on that land. Problem is he agreed to a deal that forbid doing that so he paid less taxes. Thats what makes the value of the property so low. Trump could at any time hand pick the independent appraiser to value his properties. If Maralago is worth as much as he claims why cant he find any credible assesor to give him the valuation he wanted?
 
cajunrevenge said:
Thats the tax assessor. Despite the fact that the Trump org signed off that they agreed with that valuation this isnt about a slight overvaluation its about a gross overvaluation of multiple properties. Trump can and did hand pick the an independent appraiser for his properties and then multiplied what that appraiser said by 10-50 times. What Trump did was use the market value of Maralago if someone were to buy it and tear down the social club and put houses on the property. Residential houses in the area sell for about 30 million and he could have put 10 or more homes on that land. Problem is he agreed to a deal that forbid doing that so he paid less taxes. Thats what makes the value of the property so low. Trump could at any time hand pick the independent appraiser to value his properties. If Maralago is worth as much as he claims why cant he find any credible assesor to give him the valuation he wanted?
Click to expand...

Residential areas in the area don't have the acreage this place has. The lowest valuation I've seen is from Forbes who has it at $325 million. On paper Trump and his people have it between $427 million and $612 million. Of course the true value is whatever he can get it at. This is the part you don't understand. If he gets that price or even a billion it doesn't mean he committed fraud.

"Engoron’s determination that Trump inflated the value of the estate cites an appraisal by the Palm Beach County Assessor, which found the market value of the 17.5-acre property between 2011 and 2021 between $18 million and $27.6 million."
 Market value, not tax value.
 
Last edited:
Again, you are having reading comprehension issues. I said houses in the area go for 30 million and the Maralago property is 10 times as big so they could put about 30 houses there. That's using claims by Trump Jr so no telling how true that statement is but I will assume it's true. But the property is restricted from being used for residential per Trumps tax agreement. Forbes estimate is a current day estimate I believe not the estimate at the time of the loan application. The property is worth the resale value not artificially higher if some sucker buys it for more. Much like how Jared Kushner buying 666 5th avenue for 1.6 billion didn't make that property worth 1.6 billion. It just makes Jared a sucker. I don't dispute that Trump could today sell Maralago today to Saudi because they would pay whatever to get political favors from Trump much like they pay Kushner tens of millions to do nothing. Let me ask you this, if **** is worth what someone will pay them are Hunter Bidens paintings worth the money people are giving him for it?
 
Restrictions are not going to lower a property by 10 times. Do you really think Forbes would not consider the restrictions in their valuation?
 
Forbes listed that as the current value. We are talking about loans from 10+ years ago. Just in 2018 Forbes estimated Maralagos worth at 180 million. If Trump truly believed in his valuation he should have been able to find an appraiser willing to give it credibility.


I will also note that Trump specifically said in the financial statement that the valuation do not include brand value. So even if you think Maralago doubles in price because of the Trump brand attached to it he said he hadn't applied that. So we have to value Maralago as if it was owned by a random person who has no brand value.
 
Last edited:
Florida CFO Jimmy Patronis says Florida should use state funds to pay for Trump's legal defense. Which is just outright pandering to Trump hoping to get appointed to a good position if he wins.
 
You must log in or register to reply here.
Back
Top