Current events discussion

$750 Million awarded to SIX employees on a no-bid contract.
Yay, team Trump!

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The banks are not at risk, are FULLY aware of what goes on. That is their Job. The banks lose no money. The banks are using other peoples money and earn interest from it. Trump can value whatever he wants at whatever price he wants. When the bank says OK they are saying we are OK with getting the amount in interest.

NO VICTIMS.
Most importantly, it should be noted that the way these "wealthy folks" loans work is the wealthy person tells the bank the value of their assets and then the bank reassesses the value of the assets. It's common for banks to "trim" the value of the assets in these type of loans.

I liken it to the numerous loan applications I took where somebody said the value of their home was $300k, but the appraisal or tax records came back with a value of $275k. Or they stated their income was $60k/yr but it was really $55k. Had Trump, for example, provided doctored tax filings or bank statements, that would be fraud. If they applied this law downstream to everybody that applied for a mortgage like they did to Trump, I'd guess that would put about 50% of applicants in jail, especially in markets were real estate prices dropped or stopped appreciating. It's a ridiculous legal standard.
 
The banks are not at risk, are FULLY aware of what goes on. That is their Job. The banks lose no money. The banks are using other peoples money and earn interest from it. Trump can value whatever he wants at whatever price he wants. When the bank says OK they are saying we are OK with getting the amount in interest.

NO VICTIMS.
The bank said they were repaid and made a profit. If only you and I could be victimized like that.
 
You brought up the low-IQ of Somali people. Yours must be very high.
If so, why are you not working and producing?
That still is a strawman argument, or it's just completely irrelevant to the conversation. So the logic you're sort of putting down is that I can't criticize low IQ Somalian people committing probably billions of dollars worth of fraud in our country because I have too many health problems? We've already been over this. It's pathetic you think insulting a physically disabled guy on the internet because you make retarded arguments makes you look less retarded 😂

You totally look like the "bad guy" because of your own actions, but that adds up, doesn't it?
 
Most importantly, it should be noted that the way these "wealthy folks" loans work is the wealthy person tells the bank the value of their assets and then the bank reassesses the value of the assets. It's common for banks to "trim" the value of the assets in these type of loans.

I liken it to the numerous loan applications I took where somebody said the value of their home was $300k, but the appraisal or tax records came back with a value of $275k. Or they stated their income was $60k/yr but it was really $55k. Had Trump, for example, provided doctored tax filings or bank statements, that would be fraud. If they applied this law downstream to everybody that applied for a mortgage like they did to Trump, I'd guess that would put about 50% of applicants in jail, especially in markets were real estate prices dropped or stopped appreciating. It's a ridiculous legal standard.
I guess you missed the part where the courts showed that he committed tax fraud. Guilty on 17 counts.
Easy to overlook when you want to say "Orange Man Great".

Lemme ask you about your loans: House value declared as $300,000, but worth $250,000. Mortgage approved, funds go to seller.
House burns to ground, and insurance pays $250,000, which is the actual value.

No one loses?
 
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That still is a strawman argument, or it's just completely irrelevant to the conversation. So the logic you're sort of putting down is that I can't criticize low IQ Somalian people committing probably billions of dollars worth of fraud in our country because I have too many health problems? We've already been over this. It's pathetic you think insulting a physically disabled guy on the internet because you make retarded arguments makes you look less retarded 😂

You totally look like the "bad guy" because of your own actions, but that adds up, doesn't it?
Too many health problems to work? You are able to do hundreds of hours of research on aliens building pyramids, post ad nauseum here, and have a $3,000 PC to run Excel spreadsheets on, but you are unable to operate a computer in order to earn a living, or at least part of one?
 
Too many health problems to work? You are able to do hundreds of hours of research on aliens building pyramids, post ad nauseum here, and have a $3,000 PC to run Excel spreadsheets on, but you are unable to operate a computer in order to earn a living, or at least part of one?
Oh yeah, you totally know what my whole life is like 🥴

What the F does any of this have to do with anything relevant to this thread? You made yourself look stupid, yet again, and now you're making fun a of largely disabled dude or very low functioning because you **** at arguing politics on an audio forum 🤣🤣
 
You told your kid people wouldn't go to jail for fraud if tried by the state?
Based on what info? The fact that Trump avoided any consequences for HIS felonies?

Most likely based on liberal judges letting scum out of jail across the country..
You know the type, been arrested 58 times in 3 years and serves no jail time back out on the streets in no time.
To the left Jail is racist.... GO TEAM LEFT!!

 
Oh yeah, you totally know what my whole life is like 🥴

What the F does any of this have to do with anything relevant to this thread? You made yourself look stupid, yet again, and now you're making fun a of largely disabled dude or very low functioning because you **** at arguing politics on an audio forum 🤣🤣
Making fun of? No, just pointing out facts.
If you can do all the research you claim to do, and spend time here reposting Zerohedge drivel, you can work from home. Use that time to be online tech support, or something similar.
Zelle will probably pay $20/hour for you to do call center work.

Tell us more about people from others countries with "low IQs", when your state of residence doesn't even meet the country average.
 
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Making fun of? No, just pointing out facts.
If you can do all the research you claim to do, and spend time here reposting Zerohedge drivel, you can work from home. Use that time to be online tech support, or something similar.

Tell us more about people from others countries with "low IQs", when your state of residence doesn't even meet the country average.

Says the guy who sits on here all day arguing, while Somalis steal millions from his home state where he works in welfare fraud???

GTFO and go do your job.. Do you get kick backs yourself?? You are so against fraud but when it happens on your home turf you're silent?

What a joke..
 
Oh yeah, you totally know what my whole life is like 🥴

What the F does any of this have to do with anything relevant to this thread? You made yourself look stupid, yet again, and now you're making fun a of largely disabled dude or very low functioning because you **** at arguing politics on an audio forum 🤣🤣
Rob is clueless and ignorant to the extreme. Just because you can use a computer means you can do any job that requires a computer. If Rob ever becomes handicapped we should all send him boxes of human feces.
 
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