Current events discussion

[RobGMN Premium Member]

Again, the banks were ok with Trump property values. But what is the real problem here? Is it that he did what many others do when valuing their property or was it the "hush" money?

And plenty of cops are OK with people doing 15 over the speed limit or smoking weed in places where it's not legal.
That doesn't change the law.
If you read my post, I mentioned that there were 57,000 referrals for mortgage fraud in 2022. Let's assume the banks were fine with it then. Does that mean that they shouldn't be investigated and charges pressed?

The real problem is that he committed multiple crimes, got busted for it, but all of his followers think that it should just go away simply because he is Trump.

People can put whatever value on their property they like. No one is forcing banks to accept those values. Why aren't you mad at the banks for allowing loans on inflated property values? The truth is, the higher the property value, the higher the loan, the more interest the banks make. Obviously everyone actually involved seems to be ok with getting money and making money. So we are back to the left just being spiteful and trying to put Trump in jail.

You've brought up the idea before that people can value things and however they choose. They certainly can, but not when that valuation is being used for legal purposes like a loan against the property, where the property is used as collateral.

You seem to have this weird idea in your head that everything is just fine if a bank makes money doing it. Maybe you were asleep in 2007 and 2008 when the economy tanked because of the housing loan crisis?

But sure, go ahead and think that Trump getting busted for openly admitting that he broke the law is just people being "spiteful".
Thats a perfect narrative to be able to excuse him for what he did, while you sit and scream that Biden broke the law by utilizing the strategic petroleum reserve, and should be jailed for it.

 

[Jimi77 Premium Member]

I don't see how forcing Google to sell off Chrome accomplishes anything. Chrome is a kind of a dinosaur that would probably implode without Google anyway. I think Google should probably be broken up, but this particular move doesn't make a lot of sense to me.

 

[Jimi77 Premium Member]

That's like the only thing biden has been involved in I'm actually supportive of

It's a joke Trump doesn't want to touch Google imo

Has Trump said he won't touch Google? I'd like to see a break up similar to the MaBell break up.

 

[Jimi77 Premium Member]

Although giving people actual legally defined ownership of their personal data would go farther to curb Google than anything else.

Excellent point. It would/could also curb government access to our personal data.

 

[Jimi77 Premium Member]

Potentially good for this site . Ironically Google employees were the top contributors to his campaign…

That is ironic. OTOH, so many of these lefties hate the very hands that feed them.

 

[RobGMN Premium Member]

The Stormy Daniels payment was not from campaign funds. The prosecution used reverse logic to claim that the money/payment was for political/campaign purposes.

Maybe Cohen made it up to try to make things easier for himself?
Aug. 21: Cohen pleads guilty to eight federal charges of tax evasion, fraud and campaign finance violations related to the payments to Daniels and McDougal. He tells a federal court in Manhattan that Trump directed him to make the payments.

Should they drop the finance case? Absolutely. It's the bank's responsibility to ensure the valuation of the property is accurate. Having been in that industry, bank's are often willing to overlook overvaluation or even work hand and hand with the borrower to create the overvaluation because there is a ton of money to be made. Assuming Trump did misled the bank, if they suffered some sort of damage, then they should sue him in civil court. Since when have AG's started combing thru bank loans looking for excuses go after commercial property owners.

should they drop just the case against Trump, or should all mortgage fraud cases and investigations just be closed out, because the bank should know better?

These are BS cases and clearly weaponization of the legal system.

I'm all for taxing unrealized gains. Let's start with Pelosi. As a matter of fact lets put Pelosi on trail for financial fraud and use a similar calculation that used for Trump to recoup ill gotten gains. Add AOC and the rest of the insider traders in Congress to that list.

I'm not a fan of taxation on specific un realized gains. For example, one of my properties has more than doubled in value in the past 10 years. But, I'm not making any extra money from that happening. However, if I were to use that property as collateral, Then I think I would deserve to be taxed on the unrealized gain.
If Pelosi and AOC broke the law with regards to unrealized gains, why hasn't anybody gone after them? With five years of blustering about the "stolen election "they could've used that time to bring up legal cases against Pelosi, AOC, and anybody else committing fraud.
Why haven't they?
I asked a similar question to all the people who are constantly complaining about the mainstream media, and how it caters to the left. What's preventing the right from having their own mainstream media that caters to them?

 

[spokey9 5,000+ posts]

It's not our responsibility? As the global hegemon, the Ukraine is indeed our responsibility by definition

No it's not...name a single thing a Ukrainian tax payer funded here...as of now we're helping Ukraine to invade russian...so there's no moral high ground...our idiot politicians are funding the invasion they'd rather see...

As for nato...they're utterly useless without us providing the majority of money and muscle...if Natoma was so important to their members they should act like it...

The us dollar will collapse but not over anything to do with the one-sided partnerships we've become entangled in...the petro dollar is a zombie at this point and once there's more trade in other currencies, it's dead...the only thing that keeps our dollar with any value is the petro trade using it...we don't produce anything but the dollar ffs...the music is gonna stop and we'll be the ones not getting a chair regardless of what we do or do not do with Ukraine

 

[spokey9 5,000+ posts]

Let's assume the banks were fine with it then. Does that mean that they shouldn't be investigated and charges pressed?

Trumps evaluations also had a disclaimer for the bank to do it's own assessments. So it's not a situation in any sense that the bank had to say yes based on Trump's assessment. They were more than free to say no or negotiate a different loan amount. Every financial institution they called was content with their business dealings and publicly stated they'd be happy to do business in the future.

 

[spokey9 5,000+ posts]

Excellent point. It would/could also curb government access to our personal data.

Me too but that's a pipe dream at this point...24/7 tracking of our behaviors is the future of government

 

[spokey9 5,000+ posts]

Has Trump said he won't touch Google? I'd like to see a break up similar to the MaBell break up.

He's made a couple remarks along the lines he was interested in dealing with the break up. Google needs to be broken up badly

 

[ThxOne Premium Member]

#1 - And plenty of cops are OK with people doing 15 over the speed limit or smoking weed in places where it's not legal.
That doesn't change the law.
If you read my post, I mentioned that there were 57,000 referrals for mortgage fraud in 2022. Let's assume the banks were fine with it then. Does that mean that they shouldn't be investigated and charges pressed?

#2 - The real problem is that he committed multiple crimes, got busted for it, but all of his followers think that it should just go away simply because he is Trump.

#3 - You've brought up the idea before that people can value things and however they choose. They certainly can, but not when that valuation is being used for legal purposes like a loan against the property, where the property is used as collateral.

#4 - You seem to have this weird idea in your head that everything is just fine if a bank makes money doing it. Maybe you were asleep in 2007 and 2008 when the economy tanked because of the housing loan crisis?

#5 - But sure, go ahead and think that Trump getting busted for openly admitting that he broke the law is just people being "spiteful".
Thats a perfect narrative to be able to excuse him for what he did, while you sit and scream that Biden broke the law by utilizing the strategic petroleum reserve, and should be jailed for it.

#1 - It only seems to be a problem because Trump now doesn't it? Who else was on trial with Trump in NY for the same thing?

#2 - The point is the law shouldn't pick and choose whom to prosecute because the left says "Go get Trump!" However, the left has contributors to their side doing the same damn thing Trump has done.

#3 - It doesn't matter what the item or valuation is being used for Rob. If the bank is willing to do it then they accept the risk, whatever risk that may be. I am sorry your emotions are getting in the way of reality for you.

#4 - Was that because of Trump?

#5 - Again, he is doing the SAME THINGS supporters of the left do! Just like using loopholes in tax laws. Hillary could have change them but her friends use the same loopholes as Trump. Open your eyes man and stop being so naive.

 

[spokey9 5,000+ posts]

50 Dumb Laws From Across the United States

A list of the craziest laws that still exist in the United States.

www.worldatlas.com

Because every single administrative code across the states is perfect...

 

[Jimi77 Premium Member]

He's made a couple remarks along the lines he was interested in dealing with the break up. Google needs to be broken up badly

This is one that crosses party lines. I wouldn't mind to see Facebook/Instagram busted up too.

 

[Jimi77 Premium Member]

Maybe Cohen made it up to try to make things easier for himself?
Aug. 21: Cohen pleads guilty to eight federal charges of tax evasion, fraud and campaign finance violations related to the payments to Daniels and McDougal. He tells a federal court in Manhattan that Trump directed him to make the payments.

People take pleas all the time.

should they drop just the case against Trump, or should all mortgage fraud cases and investigations just be closed out, because the bank should know better?

Banks know how to evaluate properties. I've seen banks evaluate a shack at $1m because there was money to be made. My point is the banks often know better and everybody goes with the exaggerated value. The banks certainly should have had the tax returns for the properties and therefore would have known the cashflow to base their loan on.

I'm not a fan of taxation on specific un realized gains. For example, one of my properties has more than doubled in value in the past 10 years. But, I'm not making any extra money from that happening. However, if I were to use that property as collateral, Then I think I would deserve to be taxed on the unrealized gain.
If Pelosi and AOC broke the law with regards to unrealized gains, why hasn't anybody gone after them? With five years of blustering about the "stolen election "they could've used that time to bring up legal cases against Pelosi, AOC, and anybody else committing fraud.
Why haven't they?
I asked a similar question to all the people who are constantly complaining about the mainstream media, and how it caters to the left. What's preventing the right from having their own mainstream media that caters to them?

I'm not saying Pelosi & AOC broke laws regards unrealized gains. What I am saying it is odd that these 2 bird brains are either participating in insider trading or they should be hedge fund managers. Let's tax their unrealized gains. I agree unrealized gains used to secure loans should be taxed.

 

[Jimi77 Premium Member]

No it's not...name a single thing a Ukrainian tax payer funded here...as of now we're helping Ukraine to invade russian...so there's no moral high ground...our idiot politicians are funding the invasion they'd rather see...

As for nato...they're utterly useless without us providing the majority of money and muscle...if Natoma was so important to their members they should act like it...

The us dollar will collapse but not over anything to do with the one-sided partnerships we've become entangled in...the petro dollar is a zombie at this point and once there's more trade in other currencies, it's dead...the only thing that keeps our dollar with any value is the petro trade using it...we don't produce anything but the dollar ffs...the music is gonna stop and we'll be the ones not getting a chair regardless of what we do or do not do with Ukraine

I'm not claiming we have some sort of moral high ground. What we do have is a hegemony and I think it's clearly in our best interest to maintain our hegemony. The USD is propped by more far more the petro dollar.