Path: ...!weretis.net!feeder8.news.weretis.net!eternal-september.org!feeder3.eternal-september.org!news.eternal-september.org!.POSTED!not-for-mail From: FPP Newsgroups: rec.arts.tv Subject: Re: Dispatches from Clown World: Actual NY Times Headline Date: Fri, 29 Mar 2024 10:08:11 -0400 Organization: Ph'nglui Mglw'nafh Cthulhu R'lyeh Wgah'nagl Fhtagn. Lines: 49 Message-ID: References: Reply-To: fredp1571@gmail.com MIME-Version: 1.0 Content-Type: text/plain; charset=windows-1252; format=flowed Content-Transfer-Encoding: 8bit Injection-Date: Fri, 29 Mar 2024 14:08:12 +0100 (CET) Injection-Info: dont-email.me; posting-host="57e7f22618a88286219793465c2ee86f"; logging-data="362033"; mail-complaints-to="abuse@eternal-september.org"; posting-account="U2FsdGVkX195dR4c8s9TnkDXaM3P0N/+" User-Agent: Mozilla/5.0 (Macintosh; Intel Mac OS X 10.14; rv:78.0) Gecko/20100101 Thunderbird/78.10.0 Cancel-Lock: sha1:Zpaz2sT5A81qlQ0CaPb//8KOAwQ= In-Reply-To: Content-Language: en-US Bytes: 3419 On 3/28/24 4:40 PM, BTR1701 wrote: > On Mar 28, 2024 at 12:44:01 PM PDT, "shawn" > wrote: > >> On Thu, 28 Mar 2024 17:41:20 +0000, BTR1701 wrote: >> >>> On Mar 26, 2024 at 4:04:09 AM PDT, "FPP" wrote: >>> >>>> On 3/25/24 8:43 PM, BTR1701 wrote: >>>> >>>>> Wait a minute. Trump's civil fraud verdict was based on the notion he >>>>> systematically gave an incorrect valuation to his properties in order to >>>>> deceive lenders (even though all lenders were repaid and none of them ever >>>>> made complaints against him and all said they'd do business with him >>>>> again). >>>>> >>>>> Now, the New York Times admits that reaching a proper valuation for Trump's >>>>> buildings is a "guessing game". >>>> >>>> Bullshit. He lied. >>>> >>>> For loans, he inflated his valuations. For taxes, he lowered his >>>> valuations. >>> >>> So when Trump takes out a loan and pays it back with interest, that's a >>> crime. >> >> As Jon Stewart pointed out in his video Trump did pay the loan back >> with interest but much less than he would have if he had given the >> properties the proper valuation. Which amounted to a lot due to the >> sums involved. > > It's not the borrower's job to make sure the property is valued correctly. > It's the lender's. When I refinanced my mortgage, the bank didn't just take my > word for the value of my property. They sent out an appraiser to determine its > value. If the banks in Trump's case didn't bother to do their due diligence > and just trusted the borrower's valuation, how is that Trump's fault? Yes it is. Ask any accountant. The borrower has to sign the valuations, like the Trump's did. -- "Thou shalt not make a machine in the likeness of a man’s mind." - OC Bible 25B.G. https://www.dropbox.com/s/ek8kap93bmk0q5w/D%20U%20N%20E%20Part%20II.jpg?dl=0 Gracie, age 6. https://www.dropbox.com/s/0es3xolxka455iw/BetterThingsToDo.jpg?dl=0