Trump Responds After Democrat New York Judge Orders His Business Licenses to be Rescinded as Punishment in Letitia James’ Lawsuit

[lennypartiv]

I see that the judge also sanctioned his lawyers for wasting the court's time with frivilous motions and numerous bullshit claims. As usual.

Sanctions are rare. But not in the Orange Universe. They happen over and over and over because he makes his lawyers do stupid things.

Why in the world would any lawyer go NEAR this person?

---Trump: The greatest president of all time---

The Telescope

The Student News Site of Palomar College

www.palomar.edu

 

[BS Filter]

No doubt the rubes aren't being told what Trump actually did. It couldn't be much more blatant.

And, it's right in line with the way he ALWAYS is: He was comically hyperbolic in his over-reporting and under-reporting of his assets as it suited him financially.

Gosh. What a shock.

So you support ruling from the bench instead of due process. So you don't support democracy and due process? You know, innocent until proven guilty.

 

[Mac1958]

So you support ruling from the bench instead of due process. So you don't support democracy and due process? You know, innocent until proven guilty.

You may want to look into why it was a bench ruling.

Trump's incompetent lawyer, that Habba broad, screwed up and forgot to request a jury trial.

Or don't look it up. You'll just lie about it.

Your God is a fraud. And he has conned you.

 

[22lcidw]

Don't bet on it.

In a useless honky conflict in Eastern Europe, we have spent over 120 billion dollars. And wallah..it is gone. the money is gone. And we will spend more. Trillions more...So if Trump is what you say...He is a piker. Joe is sending 42 billion dollars to our Pacific Island territories for infrastructure. You are ethnic or cultural. You damn know what pig shit shanty low class vile people are. Joe and his family are that. We are all humans with varying issues to degrees.

 

[BS Filter]

You may want to look into why it was a bench ruling.

Trump's incompetent lawyer, that Habba broad, screwed up and forgot to request a jury trial.

Or don't look it up. You'll just lie about it.

Your God is a fraud. And he has conned you.

Be sure and show up when this judge gets slapped down on appeal. Democrats love democracy until they don't love democracy.

 

[surada]

The banks and insurance companies always hire third parties to do their own evaluation before lending money.

US banks won't loan money to Trump.

 

[BluesLegend]

The lawless vermin Democrats will be punched in the face by the Trump SCOTUS and run home to their mommas crying.

 

[SavannahMann]

Not going to happen. This judge screwed up big time.

I have a question. How come every Judge who finds against Trump or the “stolen election” cases, or the January 6 defendants is said to have “screwed up”? So far the only Judge who was overturned was Judge Canon.

So far her orders on appointing a Special Master, and requiring the Prosecutors to close and seal all files seized at Mar a Lago, and a guilty verdict in an unrelated case, were the only things really overturned.

Those as you might remember were death blows to the prosecution. And those were the only ones really overturned.

Now value of property is actually pretty easy to estimate. You find similar structures in the area and see what they are selling for. That at least gives you the ballpark of the value. This is normally done as part of the inspection process as part of the loan.

Now New York was able to prove to the Judge that Trump drastically overvalued his property as equity for a loan.

Let’s say that Trump claimed his buildings were selling for $8,000 a square foot. If the state was able to show the average price for a luxury apartment was $3,800 a square foot, well Trump needs to explain what makes his so much more valuable. He needs to show they are really worth that much.

What it appears NY did was have accountants add up all of Trumps actual assets and compare the total to the claimed value. One example was that Rent Controlled Apartments were claimed to be worth the same as non rent controlled apartments.

The value is obviously not the same. So what did the Trump legal team claim as a defense?

There was a disclaimer in the reports that said something akin to your results may vary.

That is something along the lines of buyer beware. Or good luck doing what I’m doing sucker.

 

[BS Filter]

Looks like this judge is a hack. I don't expect his ruling to have any affect on Trump.

How Political Judge-Making Haunts New York Real Estate

New York State Supreme Court judges ruling on important development issues are products of political sausage-making.

therealdeal.com

 

[BULLDOG]

So you support ruling from the bench instead of due process. So you don't support democracy and due process? You know, innocent until proven guilty.

The judge ruling is due process, dumb ass.

 

[Mac1958]

The judge ruling is due process, dumb ass.

I'm assuming that they're not told about the blatant, exponential, comical magnitude of the financial misrepresentations he's made over the years.

Since they don't want to know that, they'll just keep spinning for him.

 

[Rogue AI]

I'm assuming that they're not told about the blatant, exponential, comical magnitude of the financial misrepresentations he's made over the years.

Since they don't want to know that, they'll just keep spinning for him.

So why aren't the banks on the hook? They were either complicit or incompetent. How did professional lending institutions fail to see what this amateur appraiser judge sees? Something doesn't add up.

 

[Nuthin' Fancy]

Mar-a-Lago overvalued by $664M, lawsuit against Trump ...​

WPTV
https://www.wptv.com › news › political › mar-a-lago...
Sep 21, 2022 — The lawsuit said Mar-a-Lago was valued as high as $739 million, which was "based on the false premise that it was unrestricted property and ...

Donald Trump and his company "repeatedly" violated fraud ...​

CBS News
https://www.cbsnews.com › U.S.
9 hours ago — ... millions of dollars. He cited the Palm Beach Assessor valuation of Trump's Mar-a-Lago club at between $18 million and $28 million for each ...

Trump took $17 million in insurance for Mar-a-lago ...​

Sun Sentinel
https://www.sun-sentinel.com › 2016/10/24 › trump-t...
Oct 24, 2016 — The $17 million Mar-a-Lago insurance payment surfaced during a 2007 deposition in Trump's unsuccessful libel lawsuit against journalist Tim ...

 

[Mac1958]

So why aren't the banks on the hook? They were either complicit or incompetent. How did professional lending institutions fail to see what this amateur appraiser judge sees? Something doesn't add up.

It's not unusual for a bank to be lazy in due diligence for a well-known person. They fucked up. They bought it. They went with it.

You'll find that, even before this story broke, most of them had ended their relationships with him. The only larger bank that will even talk to him is Deutsche, and I've heard that they're backing away too. He's toxic.

 

[Nuthin' Fancy]

So why aren't the banks on the hook? They were either complicit or incompetent. How did professional lending institutions fail to see what this amateur appraiser judge sees? Something doesn't add up.

You got that right.

I guess if a person owes $1 million to a lender that person has a problem.
If a person owes $5 million to a lender, the lender has a problem.

Good $$$, chasing bad $$$?

 

[Rogue AI]

It's not unusual for a bank to be lazy in due diligence for a well-known person. They fucked up. They bought it. They went with it.

You'll find that, even before this story broke, most of them had ended their relationships with him. The only larger bank that will even talk to him is Deutsche, and I've heard that they're backing away too. He's toxic.

Absolute nonsense. Your blind hatred of Trump has made you incapable of rational thought.

 

[Nuthin' Fancy]

It's not unusual for a bank to be lazy in due diligence for a well-known person. They fucked up. They bought it. They went with it.

You'll find that, even before this story broke, most of them had ended their relationships with him. The only larger bank that will even talk to him is Deutsche, and I've heard that they're backing away too. He's toxic.

All they had to do, just to get a ballpark figure is look at the county/city tax assessors figures.
I agree with Rogue Al on this one, something doesn't add up.

Donald Trump Claimed Apartment Was Three Times Its ...​

Newsweek
https://www.newsweek.com › ... › Ivanka Trump
Jan 19, 2022 — Letitia James' office alleges that Trump valued his apartment at $327 million based on a claim it was 30000 square foot in size.

How can a person do that without pulling permits?
And of course being legit to get a loan?

 

[surada]

I have a question. How come every Judge who finds against Trump or the “stolen election” cases, or the January 6 defendants is said to have “screwed up”? So far the only Judge who was overturned was Judge Canon.

So far her orders on appointing a Special Master, and requiring the Prosecutors to close and seal all files seized at Mar a Lago, and a guilty verdict in an unrelated case, were the only things really overturned.

Those as you might remember were death blows to the prosecution. And those were the only ones really overturned.

Now value of property is actually pretty easy to estimate. You find similar structures in the area and see what they are selling for. That at least gives you the ballpark of the value. This is normally done as part of the inspection process as part of the loan.

Now New York was able to prove to the Judge that Trump drastically overvalued his property as equity for a loan.

Let’s say that Trump claimed his buildings were selling for $8,000 a square foot. If the state was able to show the average price for a luxury apartment was $3,800 a square foot, well Trump needs to explain what makes his so much more valuable. He needs to show they are really worth that much.

What it appears NY did was have accountants add up all of Trumps actual assets and compare the total to the claimed value. One example was that Rent Controlled Apartments were claimed to be worth the same as non rent controlled apartments.

The value is obviously not the same. So what did the Trump legal team claim as a defense?

There was a disclaimer in the reports that said something akin to your results may vary.

That is something along the lines of buyer beware. Or good luck doing what I’m doing sucker.

Rogue AI

The judge also ordered sanctions of $7,500 apiece for attorneys who represented the Trump defendants for making frivolous arguments in court filings.

 

[Arlette]

Except none of the banks are claiming they were defrauded….

Not yet

 

[SeaMajor7]

The Stalinist Struggle is REAL!!!