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Business/Finance
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Title: The absurdity of the NY AG’s investigation of Trump’s valuations of his properties
Source: [None]
URL Source: https://www.americanthinker.com/blo ... uations_of_his_properties.html
Published: Aug 11, 2022
Author: Jack Hellner
Post Date: 2022-08-11 07:56:09 by Ada
Keywords: None
Views: 149
Comments: 1

The NY AG, Federal Justice Department and other Democrats have been targeting Trump in search of a crime.

The NY AG is accusing Trump of inflating his net worth and value of properties. If everyone who thought that they and their net worth and properties were worth more than they are were guilty of fraud, the Jails would be very crowded.

If Trump committed fraud the banks would have destroyed him. Banks don’t just take the word of someone who comes in for a loan. They are required to get financial statements, tax returns, and appraisals before they make loans of all sizes, let alone the amounts the Trump Organization borrowed.

I was a financial regulator for three years and have been a CPA for a group of banks for over 28 years. The regulators would destroy us if we made loans based on the word of borrowers instead of deep analysis.

Now the media and other Democrats will accuse Trump of being guilty because he pleaded the Fifth, as is his right. He is correct to do that since the Grand jury would probably have no expertise in financial and tax matters.

New York State Attorney General Letitia James

After all, it is not unheard of for people surrounding Trump, like Michael Flynn, to be destroyed and convicted by corrupt, politicized justice officials.

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The department said the interview between investigators and Flynn in January 2017 was "unjustified" and not conducted on a "legitimate investigative basis".

It also said it could not prove beyond reasonable doubt that Flynn had lied, and said that after the interview, FBI agents had "expressed uncertainty as to whether Mr Flynn had lied".

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The Democrat-controlled House is still in search of a crime and now they have a judge’s permission to see his tax returns, even though there is zero evidence for them to look at it. I would love to see AOC’s deep analysis of Trumps tax returns.

The media and other Democrats know that Hunter Biden has taken massive kickbacks from foreign sources and probably shared the wealth with Joe Biden, yet there is little interest in seeing their tax returns because Democrats are above the law.

There is substantial evidence that Joe and Hunter routinely paid each other’s bills and shared a checking account, yet there seems to be no interest in seeing if they filed gift tax returns to report the gifts. That would be tax fraud, if that happened.

There are many massive cases of fraud where people are above the law. The ratings agencies, Fannie and Freddie, and many banks and brokers committed massive fraud in 2008 by packaging up junk bonds and defrauding investors by rating them triple A. Trillions were lost and the economy was almost destroyed yet they didn’t go to jail. But Trump may have overestimated the value of his assets verbally.

The ratings agencies made huge amounts of money misleading people on the safety of these securities that later went bust. They were and are greedy.

Mark Zandi of Moody’s not only didn’t go to jail, he is the go-to guy when Democrats want to pretend they have an independent economist to value their policies and disparage their opponents.

He is pretending that the “inflation reduction act” will reduce inflation and he said Trump’s policies would destroy the economy when he was campaigning for Hillary.

Instead of the SEC prosecuting Moody’s, they essentially slapped them on their knuckles with a ruler.

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Obama and his team of minions committed massive fraud when they infected the public with Obamacare. They knowingly lied continuously to the “stupid” American voters that with Obamacare they could keep their doctor, keep their plan, that costs would go down substantially, and that it would lower the deficit. This massive fraud cost the public hundreds of billions, if not trillions. Yet none of the people committing this massive fraud were prosecuted. Nope, they are celebrated.

But Trump is guilty and should be prosecuted because he may have exaggerated his net worth which didn’t cost the public a darn penny.

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Private equity firms, brokers, bankers, and owners routinely overvalue public stock offerings on electric car companies and other companies which costs investors hundreds of billions, but they aren’t charged.

But Trump is the problem.

Hillary and the DNC must not have thought they could beat Trump based on their policies or the truth, so they committed a massive fraud on America by paying over $10 million to a foreign national to produce a fake dossier that was used to target Trump and mislead the public. Then they committed fraud by calling the payments legal fees when they reported them to the FEC. But they are above the law.

And the biggest fraud of all is where the media, bureaucrats, and other Democrats are seeking to destroy the economy and industries that directly and indirectly employ tens of millions based on easily manipulated computer models. Not once have they provided any scientific data that causally connects fossil fuel consumption with temperatures, sea levels, or storm activity, but facts don’t matter when they are pushing the leftist agenda.

But Trump should be destroyed because he may have inflated his net worth.!

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#1. To: Ada (#0)

Letitia is beyond stupid.

“ On some great and glorious day the plain folks of the land will reach their heart's desire at last, and the White House will be adorned by a downright moron. ” ~ H. L. Mencken

Lod  posted on  2022-08-11   17:08:55 ET  Reply   Trace   Private Reply  


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