Trump Presidency

[calvegas04]

You guys are right - just shy of $1 trillion per year spend on defense, no way we should expect a modern military off of that budget that is more than the next ten countries in the world combined. They just need a few more billion to clear out the closets so they can go shopping.

The military budget went up about a $100 billion while trump was in office.

Not sure what your argument is here? Could the military spending be done more wisely? Of course, will it be done differently by the next president? No

 

[IRISHDODGER]

 

[NorthDakota]

I could move home and run for State's Attorney (DA) right now and would have a great chance at beating a highly competent guy whose been doing the job for 20+ years.

Its not that hard to win local elections

 

[IrishLax]

Please tell me more about these “mean tweets” tho…

 

[Irish#1]

View attachment 3055406

Please tell me more about these “mean tweets” tho…

I suspect that NY will barely see a dime and if they do, it won’t be for a long time.

 

[mango4]

I suspect that NY will barely see a dime and if they do, it won’t be for a long time.

Much like the contractors that have worked for Trump.

 

[NorthDakota]

I suspect that NY will barely see a dime and if they do, it won’t be for a long time.

They don't care about the money. I haven't read into it but who is the victim of his alleged fraud?

It is very amusing to watch MAGAWorld lose their minds over it

 

[TorontoGold]

They don't care about the money. I haven't read into it but who is the victim of his alleged fraud?

It is very amusing to watch MAGAWorld lose their minds over it

It’s like working capital requirements for SEC filing’s that need certain thresholds to be met. In terms of the “bank impact”.

I was working on one recently where a client was very close to the benchmark and we needed to get a bank waiver from their senior debt holders acknowledging the possibility of breach. The government doesn’t fuck around post 2008 and the liability is shared (legally I’m not sure to what extent) with the filing entity and the debt holder.

IMO DB should face much stiffer penalties because of how shit their controls are on this kind of stuff. Trump FAFO, but if DB is doing this for Trump how many other lesser known people are skirting around.

 

[bobbyok1]

View attachment 3055406

Please tell me more about these “mean tweets” tho…

This is political persecution at it finest. And if you thinks this is legit, and is not political persecution, you are beyond hope at this point.

 

[GATTACA!]

This is political persecution at it finest. And if you thinks this is legit, and is not political persecution, you are beyond hope at this point.

It was BLATANT fraud.

Tell me you know nothing about the case without telling me. Actually you can't tell me because you won't see this since you have me and anyone else that disagrees with your senile ass blocked, snowflake.

 

[NorthDakota]

It was BLATANT fraud.

Tell me you know nothing about the case without telling me. Actually you can't tell me because you won't see this since you have me and anyone else that disagrees with your senile ass blocked, snowflake.

What was the blatant fraud? I really haven't gotten into it at all, I had read he "lied" about real estate values i think

 

[GATTACA!]

What was the blatant fraud? I really haven't gotten into it at all, I had read he "lied" about real estate values i think

Legal Eagle gives a better breakdown here than I could. Worth the watch.

 

[Irish#1]

It’s like working capital requirements for SEC filing’s that need certain thresholds to be met. In terms of the “bank impact”.

I was working on one recently where a client was very close to the benchmark and we needed to get a bank waiver from their senior debt holders acknowledging the possibility of breach. The government doesn’t fuck around post 2008 and the liability is shared (legally I’m not sure to what extent) with the filing entity and the debt holder.

IMO DB should face much stiffer penalties because of how shit their controls are on this kind of stuff. Trump FAFO, but if DB is doing this for Trump how many other lesser known people are skirting around.

We'd probably be shocked if we knew.

 

[Irish#1]

Much like the contractors that have worked for Trump.

He's an equal opportunist. He doesn't pay anyone. I also suspect that he doesn't have anywhere near the money to pay it.

 

[Irish#1]

It was BLATANT fraud.

Tell me you know nothing about the case without telling me. Actually you can't tell me because you won't see this since you have me and anyone else that disagrees with your senile ass blocked, snowflake.

It's possible to be blatant fraud and political persecution.

 

[TorontoGold]

It's possible to be blatant fraud and political persecution.

Not in financial crimes around asset valuations. You can’t have such high swings in valuations, have your CPA put out statements saying not to trust your financials, and then a terrible history of financial compliance.

Nobody is naive to think that if it was any other president they would have been charged for the same stuff. A couple weeks back I think someone went full Linda Tripp on slick.

 

[Irish#1]

Not in financial crimes around asset valuations. You can’t have such high swings in valuations, have your CPA put out statements saying not to trust your financials, and then a terrible history of financial compliance.

Nobody is naive to think that if it was any other president they would have been charged for the same stuff. A couple weeks back I think someone went full Linda Tripp on slick.

I'm not saying what he did wasn't blatant or he's not guilty. The courts verdicts say he is guilty. I can live with that. You're forgetting about all of the other legal actions against Trump that didn't come to light until he became president. That's where it can be blatant and political persecution. If you don't think any of it is political persecution, why was all of this brought to the courts after he became president? It's petty much documented all of his questionable actions have been going on for more than the last six years.

 

[TorontoGold]

I'm not saying what he did wasn't blatant or he's not guilty. The courts verdicts say he is guilty. I can live with that. You're forgetting about all of the other legal actions against Trump that didn't come to light until he became president. That's where it can be blatant and political persecution. If you don't think any of it is political persecution, why was all of this brought to the courts after he became president? It's petty much documented all of his questionable actions have been going on for more than the last six years.

I'm not forgetting about them.

Look at this Personal and business legal affairs of Donald Trump - Wikipedia

He has been in legal proceedings his entire life.

I don't really think the political persecution argument holds much water in the NY legal matters, since Cuomo was investigated by the AG and forced into resigning.

For the GA stuff - I don't know how anyone can say definitively that it's political persecution for sure since we've never seen this before. I'll leave it to the jury/judge to figure it out.

In terms of financial crimes, this kind of stuff takes years, even when it's as blatant as the property valuation stuff.

 

[RDU Irish]

LOL - banks take borrowers at their word on their assets with zero due diligence. Banks and appraisers just rubber stamp whatever the borrower puts in front of them. At least that is the world TDS folks live in. Reminds me of that Eddie Murphy SNL skit where he goes undercover as a white person. How this passes any reasonable person's smell test is quite amazing.

 

[GATTACA!]

LOL - banks take borrowers at their word on their assets with zero due diligence. Banks and appraisers just rubber stamp whatever the borrower puts in front of them. At least that is the world TDS folks live in. Reminds me of that Eddie Murphy SNL skit where he goes undercover as a white person. How this passes any reasonable person's smell test is quite amazing.

You can't value your property at $3 billion dollars on legal financial documents and then turn around and tell the IRS it's worth $30k when tax season comes along. He defrauded the state of New York out of hundreds of millions of dollars in lost tax revenue. The depths that Trump boot lickers will stoop to to deny his actions is quite amazing.

 

[RDU Irish]

You can't value your property at $3 billion dollars on legal financial documents and then turn around and tell the IRS it's worth $30k when tax season comes along. He defrauded the state of New York out of hundreds of millions of dollars in lost tax revenue. The depths that Trump boot lickers will stoop to to deny his actions is quite amazing.

Depreciated value is not the market value. Tax values are a local tax issue, not IRS and every jurisdiction takes wildly different approaches to their tax value basis. You probably imagine Trump sitting at his desk filling out his own taxes and laughing maniacally as he cheats on them. My taxes are a fraction of the complexity and I rely heavily on a tax pro to just get it done and hopefully in the ballpark without overpaying. W2 victims of society who have never signed the front of a paycheck hatefully spitting at owners of massive, complex businesses is just pure 'Murica.

Show me the man and I will show you the crime. But its OK b/c you hate him.

 

[GATTACA!]

Depreciated value is not the market value. Tax values are a local tax issue, not IRS and every jurisdiction takes wildly different approaches to their tax value basis. You probably imagine Trump sitting at his desk filling out his own taxes and laughing maniacally as he cheats on them. My taxes are a fraction of the complexity and I rely heavily on a tax pro to just get it done and hopefully in the ballpark without overpaying. W2 victims of society who have never signed the front of a paycheck hatefully spitting at owners of massive, complex businesses is just pure 'Murica.

Show me the man and I will show you the crime. But its OK b/c you hate him.

Show me a man that has committed his level of financial crimes and I'll show you another man that will be prosecuted. This is black and white.

Just because of your idolatry of him you're fine with hand waving away everything he does. Pathetic really.

 

[TorontoGold]

Depreciated value is not the market value. Tax values are a local tax issue, not IRS and every jurisdiction takes wildly different approaches to their tax value basis. You probably imagine Trump sitting at his desk filling out his own taxes and laughing maniacally as he cheats on them. My taxes are a fraction of the complexity and I rely heavily on a tax pro to just get it done and hopefully in the ballpark without overpaying. W2 victims of society who have never signed the front of a paycheck hatefully spitting at owners of massive, complex businesses is just pure 'Murica.

Show me the man and I will show you the crime. But its OK b/c you hate him.

Real Estate tax is incredibly easy. This is why it's hilarious to see the ball gargling of Donny over something an entry level IRS agent could flag.

Let's say that Trump had no input whatsoever had on any of his tax compliance matters. He should be instantly disqualified as a candidate for president if he hired an accounting firm that couldn't properly file his tax returns. Literally just take the tax base of the property and depreciate it over the useful life.

Absolute peasant brain shit to think that a real estate business that relies on collecting rents and paying down bank debt is some sort of complex business. The *only* part of the business where some sort of estimation is involved is the market valuation of the properties, and even THEN Trump push fraudulent valuations. Literally the dumbest shit imaginable. Trump argued against his own future interest when he obtained the deed that stated the use as only being a social club, his own tax rep said that they agreed with the property tax valuation that was done.

There will always be a difference between property tax value and the market value of that property on a specific day, but >2,300% is hilariously bad. That's like me overstating my yearly income to say I get paid 300M*** a year in compensation, even though cash salary is like 125-150K

***Options with a make believe value on vesting date

 

[IrishLax]

Senile old man vs senile old man coming to your ballot this November!

 

[Jiggafini19Deux]

Trump allies prepare to infuse ‘Christian nationalism’ in second administration

Spearheading the effort is Russell Vought, president of The Center for Renewing America, part of a conservative consortium preparing for Trump's return to power.

www.politico.com

Oh, good. He's on a mission from God.

 

[GATTACA!]

Senile old man vs senile old man coming to your ballot this November!

 

[Irish#1]

.

 

[bobbyok1]

Senile old man vs senile old man coming to your ballot this November!

Nothing senile about his reply. A person can disagree, but his point was comparing communism to what is happening in the US to him with this ridiculous ruling in NYC by the far left judge.

I don't think its a great comparison at all, but nothing senile about it.

 

[GATTACA!]

Nothing senile about his reply. A person can disagree, but his point was comparing communism to what is happening in the US to him with this ridiculous ruling in NYC by the far left judge.

I don't think its a great comparison at all, but nothing senile about it.

Please explain based on the evidence which part was ridiculous.

 

[GATTACA!]

Trump's Abortion-Plan Leak Inflamed His Campaign and Energized Democrats

Donald Trump’s plan for a 16-week, national abortion ban wasn’t supposed to be public. Democrats are ready to pounce.

www.rollingstone.com

So much for it being a state right.