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Nov 8 2023 12:47pm
Quote (Meanwhile @ 8 Nov 2023 13:40)
Clear majority but I still have the feeling these dividing topics are hidding some real issues like inequalities, education, or healthcare.


https://i.imgur.com/2qEIaCh.png


Its true if we just rehash abortion rights over and over then we don't actually have to work on anything else

Maybe in distrcts where people are louder about education and healthcare etc get those changes

be louder I guess
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Nov 8 2023 12:53pm
Quote (Crunkt @ Nov 8 2023 01:45pm)


without taking a deep dive i can say generally i dont have an issue in those cases with him being charged. although id add i think the jan 6th counts were especially a long shot.

Quote (SharpNips @ Nov 8 2023 01:46pm)
I believe the banks missed out on over 100 million in interest… ie damages


and they're the ones filing the lawsuit? if not.... well.....
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Nov 8 2023 12:55pm
Quote (thesnipa @ 8 Nov 2023 13:53)
without taking a deep dive i can say generally i dont have an issue in those cases with him being charged. although id add i think the jan 6th counts were especially a long shot.



and they're the ones filing the lawsuit? if not.... well.....


its funny I thnk the Jan 6th is the easiest and most obvious considering I watched a lot of the coverage from the Jan 6th committee and there was a lot of damning testimony to show that Trump had his hand in the planning and execution of Jan 6th with proof he was personally involved with Proud boys leader and we know now that some of these dudes have already turned on him in the case brought now etc

plus it kind of seems like Trumps brand to idealize a plan such as sending sycophants upon the capitol to somehow take over the government and instill himself as a king. That is totally something stupid that 45th would think might work

This post was edited by Crunkt on Nov 8 2023 12:57pm
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Nov 8 2023 01:06pm
Quote (thesnipa @ Nov 8 2023 02:53pm)
without taking a deep dive i can say generally i dont have an issue in those cases with him being charged. although id add i think the jan 6th counts were especially a long shot.



and they're the ones filing the lawsuit? if not.... well.....


Well there are layers to it
The banks were defrauded by a business operating within the jurisdiction of the attorney general of New York. That’s pretty cut and dry

Also, that’s not the only fraud relevant to this case. The same assets inflated to acquire loans were deflated when paying property taxes. Literally defrauding the state of New York.

Either way, he’s going to lose hundreds of millions. Probably more than the original 250million referenced
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Nov 8 2023 01:36pm
Quote (SharpNips @ Nov 8 2023 02:06pm)
Well there are layers to it
The banks were defrauded by a business operating within the jurisdiction of the attorney general of New York. That’s pretty cut and dry

Also, that’s not the only fraud relevant to this case. The same assets inflated to acquire loans were deflated when paying property taxes. Literally defrauding the state of New York.

Either way, he’s going to lose hundreds of millions. Probably more than the original 250million referenced


right, but the fraud in question should be and typically is subject to the investigation into valuation of collateral assets banks themselves are supposed to do. just seems like a textbook example of victimless crime.

and really the tax issue isn't trump's problem, the state either undervalued his property (not his issue unless he failed to disclose improvements, afaik he didnt) or they valued them accurately. either way it seems he paid the amount in taxes he was supposed to.

the story here to me isn't how solid the case is legally, its how terribly trump personally has handled the case. that's been insanely poor.

on paper i just find the legal concept wild, the state tells trump his property is work X dollars, and he pays taxes based on that value. trump tells a bank its worth Y dollars, and gets a loan with Y as collateral. state demands Y in taxes and claims its trumps fault not the banks for accepting a Y loan. X values are almost always low, my house's tax assessed value is far below the market value in this current market.

This post was edited by thesnipa on Nov 8 2023 01:36pm
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Nov 8 2023 01:54pm
Quote (thesnipa @ Nov 8 2023 03:36pm)
right, but the fraud in question should be and typically is subject to the investigation into valuation of collateral assets banks themselves are supposed to do. just seems like a textbook example of victimless crime.

and really the tax issue isn't trump's problem, the state either undervalued his property (not his issue unless he failed to disclose improvements, afaik he didnt) or they valued them accurately. either way it seems he paid the amount in taxes he was supposed to.

the story here to me isn't how solid the case is legally, its how terribly trump personally has handled the case. that's been insanely poor.

on paper i just find the legal concept wild, the state tells trump his property is work X dollars, and he pays taxes based on that value. trump tells a bank its worth Y dollars, and gets a loan with Y as collateral. state demands Y in taxes and claims its trumps fault not the banks for accepting a Y loan. X values are almost always low, my house's tax assessed value is far below the market value in this current market.


I’m actually an appraiser, I do this for a living so I may have a more in depth perspective on this which causes me to see this entirely different from non appraisers.

In laymen’s terms
There are 3 ways to assess properties.
- income
- direct comparison
- cost

Commercial properties are usually done based on the income approach. That means the business owner provides information of income/expenses etc to the appraiser who then uses that information to arrive at a market value. If the trump org produced false information (which they evidently did) to manipulate the value, that’s fraud and there’s no way around it.

Residential property appraisal/assessment specifically for taxation purposes generally use the comparison approach simply due to the volume of properties that are being assessed. There is more subjectivity doing it this way which causes a wider range of potential values. Possible explanation for the discrepancy in your properties assessment compared to its actual market value, that along with the insane volatility of the current market.

This post was edited by SharpNips on Nov 8 2023 01:55pm
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Nov 8 2023 02:06pm
Quote (gnarjay @ Nov 8 2023 07:38pm)
thump that bible somewhere else, cult boy


congrats on the big win in the "aborting children piece by piece" department !
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Nov 8 2023 02:16pm
Quote (HeLiCaL @ Nov 8 2023 12:06pm)
congrats on the big win in the "aborting children piece by piece" department !


separation of church and state, baby. push your warped, regressive ideology somewhere else
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Nov 8 2023 02:18pm
Quote (SharpNips @ Nov 8 2023 02:54pm)
I’m actually an appraiser, I do this for a living so I may have a more in depth perspective on this which causes me to see this entirely different from non appraisers.

In laymen’s terms
There are 3 ways to assess properties.
- income
- direct comparison
- cost

Commercial properties are usually done based on the income approach. That means the business owner provides information of income/expenses etc to the appraiser who then uses that information to arrive at a market value. If the trump org produced false information (which they evidently did) to manipulate the value, that’s fraud and there’s no way around it.

Residential property appraisal/assessment specifically for taxation purposes generally use the comparison approach simply due to the volume of properties that are being assessed. There is more subjectivity doing it this way which causes a wider range of potential values. Possible explanation for the discrepancy in your properties assessment compared to its actual market value, that along with the insane volatility of the current market.


TBH I havent kept up to date on the case, really since the Israel-Gaza conflict started. if that's true then i'd agree with fraud charges based on that aspect of the case. thanks for the explanation.
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Nov 8 2023 02:26pm
Quote (SharpNips @ Nov 8 2023 01:54pm)
I’m actually an appraiser, I do this for a living so I may have a more in depth perspective on this which causes me to see this entirely different from non appraisers.

In laymen’s terms
There are 3 ways to assess properties.
- income
- direct comparison
- cost

Commercial properties are usually done based on the income approach. That means the business owner provides information of income/expenses etc to the appraiser who then uses that information to arrive at a market value. If the trump org produced false information (which they evidently did) to manipulate the value, that’s fraud and there’s no way around it.

Residential property appraisal/assessment specifically for taxation purposes generally use the comparison approach simply due to the volume of properties that are being assessed. There is more subjectivity doing it this way which causes a wider range of potential values. Possible explanation for the discrepancy in your properties assessment compared to its actual market value, that along with the insane volatility of the current market.


the insane volatility is because a large number of people have recognized that 5g towers are a weapons system and want to move out of the city off grid or into the suburbs. any land not in the city is invaluable right now and people would be a fool to give up land w/ a thriving natural environment for urban sprawl


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