1. #20726
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    Quote Originally Posted by harrybarracuda View Post
    It is a felony to lie on financial documents such as bank loan applications.

    Doesn't really matter what else you think.
    How is it a lie if it's what you personally value something at at any particular time. Surely if you're going for a 100 million bank loan and claiming you have an asset worth 200 million the bank is going to check before loaning you the cash.

  2. #20727
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by buriramboy View Post
    How is it a lie if it's what you personally value something at at any particular time. Surely if you're going for a 100 million bank loan and claiming you have an asset worth 200 million the bank is going to check before loaning you the cash.
    if you "personally value" something at forty times what you paid for it, especially when you've later valued it at only double the original price, and it turns out that you are using the higher value to deceive a financial institution into thinking that you have - let's be generous - $271m of assets that you don't have, then you are committing a felony.

    Imagine you are a juror. Would you say it wasn't deliberate?

    Again: The bank not checking has nothing to do with this, if the Republicans left any regulatory bodies intact then they would be in the shit for not performing due diligence, but this is evidence of a felony.

    Added: Remember that Cohen said this is just one example of a pattern of behaviour, so we are probably talking about a pattern of felonies.


    Can't wait for the perp walk.


  3. #20728
    Thailand Expat raycarey's Avatar
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    Quote Originally Posted by buriramboy View Post
    So what you're saying is the banks do no checks and people take advantage of that.
    no, what i'm saying is:

    Quote Originally Posted by harrybarracuda View Post
    It is a felony to lie on financial documents such as bank loan applications.

  4. #20729
    Thailand Expat harrybarracuda's Avatar
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    And in case you forgot, as far as bank regulation is concerned, the baldy orange cunto and his GOP suck ups basically repealed most of Dodd-Frank so they can go back to doing stupid shit like this.

  5. #20730
    Thailand Expat raycarey's Avatar
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    taken from the bloomberg article i cited on the previous page:


    On a financial statement dated June 2012, Trump reported the value of his “club facilities and related real estate” -- a single line item that encompasses properties from California to Scotland -- increased by $256 million.


    Around the same time, he contested the valuation of the two new clubs for tax purposes, getting them down to $98 million, according to a report in the Charlotte Observer.
    he claimed it was worth $256 million when applying for a loan and then decided it was only $98 million when it was time to pay taxes.



  6. #20731
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    No one is going to pay more tax than they have to, doesn't everyone do all they can to lower their tax or keep it as small as possible. If people want to pay more nothing stopping you sending a cheque to the government to spend how they want.

  7. #20732
    Thailand Expat David48atTD's Avatar
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    Quote Originally Posted by raycarey View Post
    (I can't find the throw up one)

  8. #20733
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by buriramboy View Post
    No one is going to pay more tax than they have to, doesn't everyone do all they can to lower their tax or keep it as small as possible. If people want to pay more nothing stopping you sending a cheque to the government to spend how they want.
    You are perfectly entitled to pay the minimum amount of tax you owe. What you aren't allowed to do is lie so that you can pay less than you owe.

    I'm sure those investigating will get to the bottom of it now that they've given Weisselberg - his long time CFO - an immunity deal.


  9. #20734
    Thailand Expat harrybarracuda's Avatar
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    If you are wondering why baldy orange cunto produced a tweet out of nowhere about his Scottish golf course:

    @realDonaldTrump

    Very proud of perhaps the greatest golf course anywhere in the world. Also, furthers U.K. relationship!
    then perhaps the timing explains it:

    Donald Trump’s golf course has been ordered pay the Scottish government’s legal costs after a years-long battle with the US President over an offshore wind farm in Aberdeen Bay.


    Trump’s business empire heavily delayed the European Offshore Wind Deployment Centre (EOWDC) as it challenged consent for the project right through the Scottish legal system and up to the UK Supreme Court.


    The Court of Session in Edinburgh did not reveal the sum involved when it awarded costs to the Scottish government, which confirmed the decision when contacted by Recharge.

    Trump International Golf Club claimed the 11-turbine project would ruin the views of golfers playing at the luxury resort, but finally lost its legal battle in late 2015.


    The Vattenfall-led EOWDC opened last summer, with Scottish First Minister Nicola Sturgeon formally inaugurating the project in September – and saying the project showed Scotland was “in the mainstream” over fighting climate change.

    https://www.rechargenews.com/wind/17...shore-wind-row
    At best this is shameless advertising of his private business; at worst it is subtly trying to pressure a foreign government into favouring him in a legal decision by intimating that it would affect "the UK relationship".

    The latter is a violation of the Emoluments Clause.

  10. #20735
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    He does have a point about wind turbines as in they are a fucking eyesore which cost a fortune.

  11. #20736
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by buriramboy View Post
    He does have a point about wind turbines as in they are a fucking eyesore which cost a fortune.
    If you live in Chiang Mai, about now you'd be learning the true meaning of the word "eyesore".

    Besides which, again, what you think doesn't matter, what the law thinks is a different story, and clearly the law thinks it's none of his fucking business, and now he has to pay for the privilege of whinging about it all the way to the Supreme Court.

    Maybe he forgot him and McConnell can't stack that particular one.

  12. #20737
    Thailand Expat Texpat's Avatar
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    President Donald Trump-president-trump-525x400-jpeg

    Donald J. Trump, President of the United States of America.
    Still the president. Still Making America Great Again.

    Attached Thumbnails Attached Thumbnails President Donald Trump-president-trump-525x400-jpeg  

  13. #20738
    I am in Jail

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    Until Nov 2024

  14. #20739
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by britanicus View Post
    Until Nov 2024
    He won't get parole before then.

  15. #20740
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    Quote Originally Posted by Texpat View Post
    President Donald Trump-president-trump-525x400-jpeg

    Donald J. Trump, President of the United States of America.
    Still the president. Still Making America Great Again.

    Airbrush much?

  16. #20741
    Thailand Expat harrybarracuda's Avatar
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    Looks like all that hard work the GOP did trying to stop the House investigation has just gone to shit.

    81 separate document requests, and more to come.



    https://www.reuters.com/article/us-u...QL1Q7?rpc=401&

  17. #20742
    Thailand Expat Texpat's Avatar
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    The hilarious House squandering its capital (ha) on more ghost chasing. They're fucking idiots. What more did you expect? They're not interested in being leaders and lawmakers, they're still incensed Shill got her fat ass spanked by the Don. It's a circus. Meanwhile, the WH carries on Making America Great Again.

    Hey! Look over there!

    President Donald Trump-i_love_naga_philippines_trucker_hat-r3cc2065d9e074d1bb0ca911b83aeb4fe_eahwi_8byvr_540-jpg
    Attached Thumbnails Attached Thumbnails President Donald Trump-i_love_naga_philippines_trucker_hat-r3cc2065d9e074d1bb0ca911b83aeb4fe_eahwi_8byvr_540-jpg  
    Last edited by Texpat; 05-03-2019 at 12:35 AM.

  18. #20743
    Thailand Expat harrybarracuda's Avatar
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    Quote Originally Posted by Texpat View Post
    The hilarious House squandering its capital (ha) on more ghost chasing. They're fucking idiots. What more did you expect? They're not interested in being leaders and lawmakers, they're still incensed Shill got her fat ass spanked by the Don. It's a circus. Meanwhile, the WH carries on Making America Great Again.
    Awww, no need to get in a tizzy texprat.

    It's still cheaper than baldy orange cunto's golf trips after all.


  19. #20744
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    Quote Originally Posted by buriramboy View Post
    No one is going to pay more tax than they have to, doesn't everyone do all they can to lower their tax or keep it as small as possible. If people want to pay more nothing stopping you sending a cheque to the government to spend how they want.
    You can't have your cake and eat it too, and you can't lie to the IRS. If the lower valuation, as declared to IRS was the truth, then he lied to the banks, and vice versa. It's a very simple concept.

  20. #20745
    Thailand Expat tomcat's Avatar
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    Quote Originally Posted by Maanaam View Post
    you can't lie to the IRS
    ...*cough*...

  21. #20746
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    Give someone the main leadership role in an American owned company. Sit back and watch as he alienates,his staff, his supporters and the population at large.














































    Trump or Mourinho?

  22. #20747
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    America the Cowardly Bully

    https://www.nytimes.com/2019/03/04/o...EAnuCZTS0ldqGs

    Trump, the perfect man for the job.

  23. #20748
    Thailand Expat AntRobertson's Avatar
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    President Trump has made 9,014 false or misleading claims over 773 days
    https://www.nzherald.co.nz/world/new...ectid=12209519


    "The president averaged nearly 5.9 false or misleading claims a day in his first year in office. He hit nearly 16.5 a day in his second year. So far in 2019, he's averaging nearly 22 claims a day."

    tl;dr: Drumpf lies. A lot.

  24. #20749
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    AOC: "While [President Trump's] talking collusion, collusion, collusion, I think, in Oversight, we should be talking about taxes, taxes, taxes, and his bank account, his bank account, his bank account. His financial statements, statements, statements."

  25. #20750
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    ^looking at all those properties he sold to Russians for yuuuuge profit

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