The Persecution of Donald Trump Means Turning Ordinary Activities Into Crimes


In December 2020 I had to put my home on the market and move 1,000 miles away.  Two months before I’d considered refinancing my mortgage and the bank gave me a valuation of $285,000. I thought it probably should have been higher but didn’t really feel like taking the time to look into it because I wasn’t really that worried about it.

Suddenly in December I was forced to worry about it.  So I reached out to a realtor friend (an actual realtor, not a guy with a side gig) and asked him to give me an estimate. He thought it would probably sell for about $305,000, maybe $315,000 tops.  Again I was skeptical, so I started doing my own research.  I looked at my community, what was available in my county, what comparable houses were selling for and taking note of the neighborhoods, roadways, schools etc. After all of that I estimated my house was worth about $400,000.  I thought it could possibly sell for $415,000 or even a bit more.

We put it on the market at $405,000 and ten days later it was sold with the buyers offering $395,000, and we eventually settled for $400,000. I was confident it could have sold for more but exigent circumstances made the logistics of waiting impossible, which is sad because had I waited 12 months to sell it I would likely have gone for $550,000, almost twice what I’d been originally offered.

All of this to say that in the world of real estate there are a million different factors that go into valuing something and based on those criteria, there are likely countless different values that can be set on a particular property. What’s more, values can be volatile, particularly in the high-end markets.

Real estate, like most businesses, can be unpredictable, sometimes very much so. Which makes what NY AG Letitia James has done to Donald Trump so unconscionable. In the primary element of James’ indictment: “’Trump and his company used “false and misleading” financial statements, her lawsuit alleged, “repeatedly and persistently to induce banks to lend money to the Trump Organization on more favorable terms than would otherwise have been available to the company, to satisfy continuing loan covenants, and to induce insurers to provide insurance coverage for higher limits and at lower premiums.’”

One would imagine that some banks or insurance companies lost money because they loaned money to Trump or Trump defaulted on them.  They did not. Indeed, the loans were all paid back, with interest.  There were literally no victims and banks still wanted to lend to him!

But that didn’t matter.  The bottom line is that, according to James, Trump used one set of books for getting a loan and another set of books for taxes. But that’s not how this works.

When I was selling my house the county tax collector assessed my home at around $200,000.  It had been that way for years.  Indeed, it’s very common, particularly in red states where they concern themselves with controlling taxes, for the government assessment of the value of a property to be substantially below what it might sell for.  That didn’t impact what I might refinance it for or what a buyer might pay for it.  In those cases the lender sends someone out to do an inspection and then comes to its own conclusion as to what value it would be willing to assign the property for the purposes of a loan.

In the case of Trump, in 2011 the local property assessor in Palm Beach County had valued his Mar-a-Lago property at $18 million then $27.6 million in 2021.  AJ James indicted Trump because he valued the property at higher valuations during this time, up to $739 million for collateral purposes, and therefore using a fraudulent valuation to obtain loans he wouldn’t otherwise get.  But here’s the thing, according to a banker involved in the transaction, the bank followed its own guidelines to make the loans, stating “I think we expect clients-provided information to be accurate. At the same time, it’s not an industry standard that these statements be audited. They’re largely reliant on the use of estimates,” so bankers routinely “make some adjustments.” To highlight the disparity, this past December a high-end Palm Beach real estate broker stated that in 2021 Mar-a-Lago would have been worth slightly more than $1 billion and likely would have valued it at $655 million in 2011.

The point here is that Trump was simply doing the same thing that millions of homeowners and businesses do every single day across the country. They make the best case scenario for the value of their property of business while knowing that a banker or lender is going to make their own determinations before deciding how much they will lend.

That’s business. Valuations are just estimates, and they can be all over the map in business.  In 2000 Spanish telephone company Terra bought the search engine Lycos for $12 billion.  They unloaded it three years later for $95 million at a loss of 99%! Alternatively, in 1999 founders Larry Page and Sergey Brin offered to sell Google to Alta Vista for $750,000.  George Bell the CEO demurred.  The company went public in 2004 with a valuation of $23 billion and today Google is worth almost $2 trillion.

The point is, valuations are guesses, educated or otherwise and everyone has their own perspective.  But James has taken this ordinary element of business and twisted it to try and eviscerate the presidential campaign of Donald Trump.

And she might succeed.  First Judge Arthur Engoron came back with a guilty verdict and last Friday he fined Trump almost half a billion dollars. And what’s worse, because of course it’s New York, he may have to put up the entire amount before he can appeal.

America’s justice system has been twisted into a hammer with which to nail enemies of the swamp to the wall.  Not only have we seen the laughable election manipulation case in Georgia, the ludicrous defamation case in New York, and the on hold federal election interference case, but we now have the justice system being used to turn normal, everyday activities that millions of Americans partake in on a regular basis and turning them into crimes.  And what’s worse, the system is set up such that if someone is deemed guilty they essentially have to bankrupt themselves in order to be able to seek an appeal. That’s the definition of unjust. If this stands America as we know it is finished. You can’t unring a bell and precedent is precedent.  If this works and Trump loses as a result of this judicial interference onslaught, then one would expect recriminations and counter recriminations. And it won’t just be billionaire ex-presidents who’ll be in the crosshairs, it will be small businesses who don’t support local candidates, it will be big businesses who threaten the elites, and it just might be you and me for having written something critical of some thin-skinned politician somewhere or overestimated the value of our house… None of that is good for a free republic.

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Well, that’s the problem. Democrats don’t understand business. They understand taxes. They understand subsidies. They understand a paycheck for being corrupt. They don’t understand people putting their own capital up to take risks and make more money.

I’ve never heard of anyone getting to do their own evaluations for tax purposes. If anyone is, there is a paid tax assessor not earning their money. Aside from that, unless some lender or buyer files a complaint that a property owner defrauded them, there is no fraud.

When I sold my house in 2022, the realtor asked me what I wanted to ask. I hesitantly said $275,000 and he agreed but remarked by the time I was ready to sell, it would probably go for more like $315,000. Then Robin Ware/Robert L. Peters/JRB Ware/Pedo Peter/idiot Biden stepped in.

With interest rates skyrocketing, property prices suffered. In the end, I got $265,000 (which nicely covered the cost of the new, smaller home I built). So, based on my political opinions, I should probably be levied a $500,000,000 fine.

I guess, by Democrat rules, if Trump wins, Letisha and Engoron should face numerous IRS audits, right? Any leftists disagree?

The ones who should be put on Trial Soros Gates and Schwabe and throw in that idiot Bragg

They go after Trump, and now the beef industry over ignorant opinions. This leads to the National Guard being deployed in NY subway for stop and frisk. They are after the fine money to fund the destruction of NY.

It amazes me how many ordinary people, apparently literate, are falling for insanity because it’s Trump and therefore must be bad. It’s mind-bogglingly stupid.

The resident troll “Greg” is going to turn up and no doubt rail against Trump for some stupid reason, and I’m going to wonder if “Greg” has ever gotten less on his trade-in on a new car than he thought he should have, or if he wouldn’t know about any of that because he never leaves his mother’s basement.

What’s worse is that people seem to think that government determines the value of something. It can’t. All it can do is artificially inflate the price of something or destroy its value. Mar-a-Lago isn’t worth $18 million because that ridiculous shithead on a bench thinks it is.

Soros and Open Society/Globalists are behind this Open Borders plans

03/14/24 – Trump has a bunch of new false claims. Here’s a guide.

…Last Saturday, in Georgia, when Trump spoke for 1 hour and 55 minutes, he devoted huge chunks of time offering inaccurate accounts of the legal cases against him. He made nearly five dozen references to President Biden but they consisted mostly of epithets — such as “incompetent,” “crooked,” “out of control,” and “weak, angry, flailing.” Trump also repeatedly labeled Biden as “corrupt” — but he applied the same charge to MSNBC, the 2020 elections, the judge in a libel case Trump lost, the judge in a business fraud case Trump lost, the prosecutor in a pending Georgia case, New York state and the finally entire United States.

“We have a very corrupt country,” he declared during a 30-second rant that touched on allegations that Russia intervened in the 2016 election to help him win, his first impeachment over blocking aid to Ukraine, Hunter Biden’s laptop, his firing of FBI director James B. Comey and unproven allegations that Pfizer forged informed consent signatures for clinical trials of the coronavirus vaccine.

On top of that, Trump frequently recycles false claims of achievement from when he was president that we have repeatedly fact-checked, including:

No, Trump was accurate on all counts.

Go pound sand Pinhead