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Failed to connect to MySQL: (1203) User howardkn already has more than 'max_user_connections' active connectionsPath: ...!weretis.net!feeder8.news.weretis.net!feeder6.news.weretis.net!newsfeed.hasname.com!usenet.blueworldhosting.com!diablo1.usenet.blueworldhosting.com!feeder.usenetexpress.com!tr3.iad1.usenetexpress.com!69.80.99.22.MISMATCH!local-2.nntp.ord.giganews.com!news.giganews.com.POSTED!not-for-mail NNTP-Posting-Date: Thu, 28 Mar 2024 20:40:49 +0000 From: BTR1701 Newsgroups: rec.arts.tv Subject: Re: Dispatches from Clown World: Actual NY Times Headline References: MIME-Version: 1.0 Content-Type: text/plain; charset=utf-8; format=fixed Content-Transfer-Encoding: 8bit User-Agent: Usenapp/0.92.2/l for MacOS Message-ID: Date: Thu, 28 Mar 2024 20:40:49 +0000 Lines: 37 X-Usenet-Provider: http://www.giganews.com X-Trace: sv3-XYx5b1P53t8r9Bfebxen5nGrpnalUaub6y+/WJ51/UG2mVw1YEJNtK1kBE5dWQb0/zWa9L/lcxsov9u!B1/lZIxLN/sbzqR6WAoQJcPQP+6xILycaS5YDeMMB5fxnss2563svw3oPfARxTcmy2hjgzu2LNOI X-Complaints-To: abuse@giganews.com X-DMCA-Notifications: http://www.giganews.com/info/dmca.html X-Abuse-and-DMCA-Info: Please be sure to forward a copy of ALL headers X-Abuse-and-DMCA-Info: Otherwise we will be unable to process your complaint properly X-Postfilter: 1.3.40 X-Original-Lines: 31 Bytes: 3099 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?