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Trump on Trial - Episode 3 |OT| The One with the Bigliest Assets Ever (UP: $454m + interest + bans)
- Thread starter phisheep
- Start date
- OT
At this point I'm convinced that Trump isn't actually rich. Oh, he has money, sure, but it's all borrowed against properties that he's probably still paying on. Borrowing from Peter to pay Paul, perpetually. He's put up this facade for so long that everyone just goes along with it, and if he stiffs you on the bill, well, you must have done something to deserve it (just nobody look to see whether he's ever paid any bill, ever). And he calls it "being smart". A con-man will dress up smart to convince you there's more money in the venture than there really is. Trump's been doing it for so long that he's convinced himself that it's actually true.
If all his debtors came calling tomorrow, he'd be broker than anybody here.
If all his debtors came calling tomorrow, he'd be broker than anybody here.
This is amazing. I suggest everyone download this magical video for posterity.
He's extremely cash-poor. All his wealth is in unrealized monetary gains of his real estate, most of which are highly leveraged on loans based on truly dubious evaluations.
Compared to the average person, he is wealthy, just maybe 95% less wealthy than what he claims.
What's the deal with what Trump said when he came out of the courtroom at the end of the day?
He was saying something like he thinks the judge was very fair in the last 5 minutes and that he ruled the statute of limitations had already passed for 80% of the claimed infractions?
I thought it was just normal Trump BS but now I'm seeing a video from Forbes on YouTube specifically addressing that comment saying that it's shocking breaking news?
He was saying something like he thinks the judge was very fair in the last 5 minutes and that he ruled the statute of limitations had already passed for 80% of the claimed infractions?
I thought it was just normal Trump BS but now I'm seeing a video from Forbes on YouTube specifically addressing that comment saying that it's shocking breaking news?
Thanks to our wonderful chronicler Phisheep, we know that Trump's totally wrong about that.
This is how I think it is, too. I'm no lawyer, but I do deal with commercial loans. Most have covenants, like you must file annually (or sometimes bi-annually) a financial report of your holding, such as bank accounts, assets and other lending exposures. You could in theory have a legitimate origination of your loan, but fraud the shit out of every year after that.
Okay so this is just Trump being intentionally obtuse trying to make things sound better to the media than they actually are or maybe his attorney is just so bad that they explained it wrong to him?
What Trump was happy about is that the testimony offered today mentioned the thing about Ivanka's penthouse, which was a deal in 2011, i.e. outside the statute of limitations. The judge questioned this.
The State counted by saying they are not challenging any of the documents that were filed in 2011. They are challenging the additional financial statements about the property prepared beyond that date that lie within the statute of limitations. Trump is happy only because the judge gave a quote that he could use for his masses - the fact that the judge said to the state's lawyers that if they don't have a way in which the Mazar witness testimony relates to the charges on record, then his testimony today was a waste of time. But they are not done questioning him yet.
View: https://www.threads.net/@ianbremmer/post/Cx6H6xCuM3_
Evergreen. We'll see if this remains true in this case as well.
Yep, let's keep in mind several of his attorneys in this case have been sanctioned and fined already for producing repetitive arguments and misrepresentations. They basically cannot do any more of that lest they face disbarment hearings.
Republicans are all about consequences for crime, both real and imaginary. Just not for themselves.
Even though those particular items can't be directly charged, they can still be referenced when establishing a pattern of behavior, can't they?
TRIAL - Day 2, Mazars accountant and a gag order
OP
OP
Summary of day 2 (CNN)
Witnesses
Donald Bender (Mazars acountant) - direct in the morning, cross in the afternoon.
Other
Closed session at lunchtime, leading to narrow gag order on Trump (can't discuss court staff)
Another closed session after end of day, don't know what that was about
Witnesses
Donald Bender (Mazars acountant) - direct in the morning, cross in the afternoon.
Other
Closed session at lunchtime, leading to narrow gag order on Trump (can't discuss court staff)
Another closed session after end of day, don't know what that was about
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He already lost it. But he'll appeal if he hasn't yet.
He does not get saying stupid shit does not make it true.
View: https://twitter.com/atrupar/status/1709208723602764268
View: https://twitter.com/atrupar/status/1709208723602764268
He does realize that statement was already proven false pretrial right?
Even after the judge yesterday said something like "could the media stop reporting I said MAL was worth $18 million? I didn't."
So…why stop at 1.5 b? I mean, double it. It's worth 3 bill. Reality doesn't matter anyway soooz
i swear it was $650M last week, now it's nearly tripled? Inflation must be stopped, what is the Fed doing
He might as well have but it's too late now since that's the number he fraudulently used on the documents in question.
Colbert last night:
"AG is seeking $250M in penalties. That's a lot of money. According to Trump, $250M is worth as much as $3BN."
"AG is seeking $250M in penalties. That's a lot of money. According to Trump, $250M is worth as much as $3BN."
Likely but he is always trying to win over the court of public opinion.
"See, they are lying and trying to get me!!! Can't trust them! But I can fix it!!"
Remember when he swore he'd release his taxes as soon as his "audit" was over?
Dumb idea when you're in a bench trial that could get deferred to the irs for a criminal trial
Yep.
It's his old routine.
Just like he was imminently releasing information about Obama's birth certificate over a decade ago.
Also how his healthcare plan that would cover everything and be cheaper will be released in two weeks.
Dax's laugh here is so greatI keep imagining this like the court in Idiocracy, at least his lawyers
