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

"Loan proceeds are based on the value of the property. They're going to require me to actually underwrite my property on the cash flow, the income of the property and what valuation I believe that property's worth. The broker also put a valuation on it," the investor said, "and then the bank is also going to use at least one other appraisal, maybe two, or independent of me."

"There could be as many as five appraisals on that. The value that I'm going to put on the property, keep in mind, when I'm buying something, I'm not thinking about selling it the next day. In the case of Trump, he's not selling any of this stuff," Cardone continued. "We want the property for the cash flow … every seller is always going to push the price value up based on the future, not based on fraud."

https://www.foxbusiness.com/real-es...tinue-working-nyc-trump-verdict-florida-texas

 

We aren't asking you to prove anything, because we already know you can't. You can't even support your claim.

 

Exactly my point. @ButterBalls made a claim and he can’t support it.

 

Come back when you stop taking my post out of context...lol

Seriously, dude. C'mon...lol

 

And I just supported his claim. Now, tell us how he's wrong.

 

So you think it's a general practice for state or city to charge businessmen for borrowing and paying back money that the lenders approved..

And you condone that sort of overreach, or should we just call a spade a spade, fascist politics..

No targeting, none at all, is that your contention

 

Someone forgot to read the posts. Try again.

 

I didn't get anything out of context, dude. You are just upset because you realize now you were wrong and that criminal charges were never part of James's purview. If you would like to change your claim, then go for it.

 

You still don't understand what you did? If it wasn't intentional, then it means there was a lack of comprehension...lol

 

Another non sequitur fallacy. Fraud always involves a victim except in this case. Somebody or some thing has to be defrauded. The state of New York was not defrauded. Drunk driving and shooting at people do not require a victim.

 

Your statement was that James's lack of criminal charges means that there must not be a crime. And your statement about the FEC and Bragg applies to the pornstar case, not this one. If you want to change your tune, go ahead. If you intended to say something else, the lack is on your end, not mine. I'm not responsible for your misstatements.

 

Neither does civil fraud. And, yes, the people of New York were defrauded. You fail to understand the fact that these lies created substantial risks for these entities, that they would have made more money if Trump had told the truth, that other people missed out on loans that they would have otherwise qualified for due to Trump's lies, and the fact that Trump's profits here are ill-gotten gains. The fact that you don't like the law won't make it go away.

 

Sure it does and no, the New York public was not defrauded. Nobody was defrauded. This is all politics and legal corruption.

 

Right, because she couldn't find one.

You brought Bragg into it.

Thanks for re-reading my post and discovering your mistake.

 

Trump reported his property at three times its actual floor space. He reported the value as more than 20 times its assessed value.

Can you find someone else who did that?

 

New York law disagrees with you. The facts don't care about your feelings. I repeat (and you will once again hide from this because you know Trump deserves what's coming to him): You fail to understand the fact that these lies created substantial risks for these entities, that they would have made more money if Trump had told the truth, that other people missed out on loans that they would have otherwise qualified for due to Trump's lies, and the fact that Trump's profits here are ill-gotten gains. The fact that you don't like the law won't make it go away.

Your fake victim narrative is dead in the water.

 

Assessed value and market value are two different things. FFS, how many GD times must you be told that?

You obviously have never bought a house, because the assessed value never comes into it

 

So now you are back to saying she had the ability to do so . . . which earlier you denied claiming. Just get back to me when you make up your ****ing mind.

Yes. And if you had read the posts, you would know why. Still failing to understand? I can try to type slower.

Lol, adorable. All I did was repeat my original argument. The one you said misrepresented your post. Now, when I repeat exactly what I told you before, you pretend to have caught a mistake.

So, for now, we agree: Bragg's job was the criminal charges, not James's, and that's why James brought no criminal charges. And the statement about Bragg and the FEC has NOTHING to do with this discussion. I look forward to your next reversal of opinion that you will try to play off as what you were saying all along. It's kind of cute.

 

I never denied that James didn't have a crime to prosecute...lol

 

You're the one that said other folks in NY get away with the crimes that Trump was found guilty of.

Show us just one person in NY that is above the law. Should be easy for you since you claimed this happens.

 

Most balance sheets use historical value, not market value. When you use market value, you have to do things like disclose your methodology. Trump didn't do that. He also added brand value . . . in forms that specifically stated no brand value had been added. Add that to him lying about his square footage, number of floors, occupancy rates, rent control, etc. etc. etc., and we just have Exhibit Z in "Trump is incapable of creating a company that is both successful and non-fraudulent."

 

If he committed no crime, then why are him and his supporters crying about this?

 

Ask your mango hero after you send him money to pay for the crime he committed.

 

Try re-writing that so that it makes sense. I'm not falling for another one of those things where you completely reverse your position, pretend that's what you were claiming all along, and deny the things you've already said. Better yet, since you are just going to obfuscate again, let's dumb this down:

Who is responsible for the criminal case against the Trump Org: James or Bragg? (Hint: it's the one who has already pressed criminal charges against the Trump Org).

 

No, market value is what is determined from an appraisal.

The assessed value sure as hell doesn't come into play, when appraising real estate...lol