New York Attorney General takes initial step to prepare to seize Trump assets

He is not my leader nor do I want him to be. I oppose political prosecution. You should too. It is dangerous.

 

Yes, that is the main point. Trump is a flawed candidate, and the Democrats should concentrate on beating over his personality and the issues, but they can’t. Their candidate and their policies are even more flawed. So they are using and abusing the courts and the legal system to do it. That’s what banana republics and dictators do.

 

Dictators don't have to use prosecution. They can do whatever they like understanding that, if they overdo it, there is an assassin waiting in the wings. I still have hope that the justice system will do the right thing and let Trump appeal his verdict. The justice system is losing credibility by the hour and they don't need to lose it any faster.

 

Good — then we share that we do not worship politicians and are not hyper partisan hacks devoid of being able to acknowledge facts. With that out of the way, simple question:

If a state is made aware through testimony that an individual had lied on financial disclosures to obtain much better rates — defrauding banks, insurers and the state — should they investigate that?

Yes or no?

Once that investigation concludes should they levy appropriate penalties against that individual should they end up being true?

Yes or no?

 

Yes if there was a victim and a financial loss or even just a plaintiff. Otherwise no.

Yes if the appropriate penalty is designed to make a victim whole financially. In this case that would be zero dollars since there was no victim and no loss. The problem is that the prosecution wasn't brought because someone other than the banks thought he inflated information on an application. it was brought to attempt to prevent Trump from running for office. It is clearly election interference. That is a very bad thing to do. I hope Ms James faces consequences for it.

 

The fraud was proven — also crimes do not need a willing victim if they can proved something illegal was done.

We see this in instances of abuse especially, even with no “victim” willing to testify there is still an actual victim. Who is the victim in an attempted shooting? Who is the victim in speeding?

So your entire premise is that trump is guilty of financial crimes but because the financial organization wants to keep working with him it shouldn’t be able to be prosecuted? Or am I misunderstanding you?

Also, this isn’t preventing trump from running for office. It’s terrifying that so many of you believe a criminal should not be allowed to be investigated or prosecuted while running but at the same time believe the current president should be investigated and prosecuted while running just because he is a Democrat.

I prefer no one is above the law

 

That is a corrupt concept in this case. The banks could and did do their own appraisals and did business with Trump based on those. No harm done. when "illegal" is in conflict with "no harm done" one shouldn't get involved in election interference. There are more important things for a corrupt AG to do.

Nobody but these are crimes not torts. This is civil action, not a criminal one.

Apparently you are. Political prosecutions should not be tolerated in our justice system. That is my premise.

You are the partisan, not I. I don't want Trump elected either. But I oppose political prosecution as a political tactic deeply.

I agree with that. The issue isn't the law. The issue is the application of the law corruptly in this case.

 

There was NO fraud. This is the way that everyone gets loans against their buildings. I have gotten numerous appraisals in my line of work and they are based on the appraiser's judgment of the value of certain features, location, and potential. With a house, usually two appraisers will be fairly close but with commercial property, it is not so cut and dry. One guy can value the proximity to the ocean high and another can value it low because of potential tsunamis, hurricanes, etc.

The bank is the one loaning the money. Not the state. They did their own due diligence. I understand the law they used on this was because of a time when people were being ripped off on the purchase of a refrigerator or something like that, so the law was intended to protect unwary homeowners.

Someone, probably Soros or another evil SOB, used Lawfare to get Trump. I wouldn't put it past someone in the Biden admin or CIA.

 

That there was no fraud doesn't matter when the purpose of the prosecution isn't to enforce the law but rather to keep someone from winning an election.

 

We agree 100% and I think most liberals even agree now that this prosecution is wreckless and wrong. Fortunately, he can appeal, and if the court doesn't overturn the judgment America itself is finished.

You can't have the state step in on a commercial loan and refute the values that both parties agreed to. This is not a case of some big corporation taking advantage of some elderly couple which means that they are using their superior knowledge to defraud the unwise and unsuspecting. I wish I could remember what the law was crafted against but it was for that sort of situation and not one where two equals agree on values and a loan is made.

 

Get on the wrong side of a DA and they'll find something to charge you with. That was my point, and you know it.

 

Interesting, a fraud without a victim. We don't see that very often do we? Oh wait, we NEVER see that. Unless, of course your name is Donald Trump and do business in NY State.

 

Get on the wrong side of the LAW is more to the point…

 

I’m going to try your argument next time I get a speeding ticket…

“No victim here officer…!”

 

What happens if he wins in appeal and the properties have been sold at fire sale prices?
What happens to the investors and tenents in the offices and living spaces? What happens to all the employees.

Have you bothered to really think this through?

 

You "Your honor the officier said I wasn't speeding and my car was only going 70 mph and a capable max speed of 120 mph."
DA and Judge "but we say you were doing 300 mph therefore you are fined $3,000,000 and must either come up with the all the cash plus the bind company charges before appeal or sell everything you own else we will confiscate it"

 

This is a bad analogy and comparing apples and oranges. Are you saying the experts at the bank didn't know what they were doing and were taken advantage of? We know that isn't so. They hire their own appraisers. Someone here said Trump tripled the square footage. How could he do that and expect the bank, who gets its own appraisal not to discover it?

But for other hard-core lefties here.....Let's say I own a bank building in San Francisco and stupidly want to build another one there instead of getting the hell out. I think I'm slick and hire Shister Appraisal Company and they pull me to the side and say. "Hey, your building used to be worth a lot more but I can put down the value of when times were good and the Democrats didn't destroy San Fran, and hey...I'll even make a mistake on the square footage and manipulate the financials. It's really worth a half billion but I'm gonna get it up to 750 million. I agree and take the 750 million appraisal to the bank. and they tell me, "Ok, you're a great customer of ours, and based on our past relationship, we'll spend our own cash on evaluations." A month later, they come back, and say, "Look, somehow, Shister Appraisal had a square foot error and made some math errors in your favor, and that part of town isn't what it used to be. We think it's worth only $400 million today and will lend you 50% of that, or 200 million. Is that cool?"

You agree and pay off the loan early.

And....................? Where is the fraud? None of the above was even done. But if it were, there is STILL no fraud because it is the BANK who decides the value and what they will loan. Trump just put optimistic values on the property. I don't know if any of you have ever been involved in negotiations but I have done that as a career. If I thought a fair settlement was $200,000. I would never go into negotiations at $200,000.00. I would pound my shoe on the table like Kruschev and create a scene and say a fair settlement is $300,000. and not a penny less. They would say it is only $150,000. but we'll give you $200,000 just to settle the damn thing. People like Leticia and that judge have ZERO business experience.

 

No, no…

“Your honour, I was indeed speeding. I like to drive fast. However, no one was harmed by my speeding. There was no victim. I should not have to pay this fine…!”

 

Fraud is fraud - he is just lucky he hasn’t been thrown in jail and even luckier he never built that Casino in Sydney since we were on to him and turned down his application on the basis of the fact he had too many Mafia connections

 

Actually dictators do use prosecutions. Look at Putin. He arrests people, using his kangaroo court for court dates and gets his criminal supporters in one sided trades. Our court system is on the road to becoming what Putin’s courts are.

 

It is the same story nearly everywhere. Look successful and people will be suckered. But in truth it was only really a couple of banks that would do business with him since the rest thought he was a bad risk, especially since he almost went broke in the eighties. Bottom line though double entry bookkeeping has always been illegal

 

Yeah! Because the “wrong side” is acting outside of the law and their job is to what?

 

It is the system in place and he is being held accountable. THAT MATTERS. IF it was really "political prosecution" , he would have been in jail a long time ago. He has been afforded a lot of special priv. extensions/ delays etc.

It is time to pay the piper. (long over due) One cannot overlook the number / amount of flaws this man has to justify voting him into office. We ALL KNOW what and who he is by now.

 

only if Trump is in charge.... as he is likely to abuse the court system in his retribution actions. He has no regard for the law , so it is there to be manipulated in his interest and motivations.

 

It always has. He stole from a kids cancer charity and got a slap on the wrist he bilked tradespeople and got away with it his company was found to be fraudulent and his CO went to jail so he got away with it and he got away with Trump University and he absolutely should have been jailed for that!