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Offline Tom Bishop

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Re: Trump
« Reply #11280 on: March 19, 2024, 01:35:20 AM »
This must be a pretty big cult if Trump is even or leading in the polls.

Once New York seizes his assets we're going to have a flood of interviews with real estate developers which go exactly like this:

« Last Edit: March 19, 2024, 02:00:04 AM by Tom Bishop »

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Offline AATW

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Re: Trump
« Reply #11281 on: March 19, 2024, 09:04:59 AM »
This must be a pretty big cult if Trump is even or leading in the polls.
Well yeah, it is. I mean, he won in 2016. Not just because of his cult - it's big, but not big enough to win an election on its own. He benefitted from quite a sizeable "anyone by Hillary" vote too.
He lost in 2020 because there was a more palatable opponent.
Unfortunately that opponent is now considered unfit for office. I mean, I don't think Trump is fit for office either, in a different way. As always, The Simpsons showed us the way...

Tom: "Claiming incredulity is a pretty bad argument. Calling it "insane" or "ridiculous" is not a good argument at all."

TFES Wiki Occam's Razor page, by Tom: "What's the simplest explanation; that NASA has successfully designed and invented never before seen rocket technologies from scratch which can accelerate 100 tons of matter to an escape velocity of 7 miles per second"

Offline Action80

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Re: Trump
« Reply #11282 on: March 19, 2024, 12:47:16 PM »
^Claims the Simpsons are an authoritative source on how real lives and procedural actions regarding policy should be conducted.
To be honest I am getting pretty bored of this place.

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Offline Rushy

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Re: Trump
« Reply #11283 on: March 19, 2024, 01:11:13 PM »
It's almost like they went with an insane fine that they knew not even a billionaire could afford because it's a political hit job.
You'd think someone worth....*searches*

https://www.google.no/amp/s/www.cnbc.com/amp/2023/09/08/trump-overstated-net-worth-by-up-to-3point6-billion-per-year-ny-ag-alleges-in-new-filing.html?espv=1

$4.5 billion, per his claim, could cough up the money.

Practically no one has the cash on hand to pay 11% of their net worth to settle a civil suit. Further, it makes very little sense to get upset at someone for overstating their net worth, then fine them more money than you know they can afford (because you were upset at them for overstating their worth!).

It's an obvious attempt to make Trump look bad and it was a huge waste of time. The only thing this case has done to Trump's support is cement his narrative that the "deep state" is out to get him.

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Offline Lord Dave

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Re: Trump
« Reply #11284 on: March 19, 2024, 02:45:06 PM »
It's almost like they went with an insane fine that they knew not even a billionaire could afford because it's a political hit job.
You'd think someone worth....*searches*

https://www.google.no/amp/s/www.cnbc.com/amp/2023/09/08/trump-overstated-net-worth-by-up-to-3point6-billion-per-year-ny-ag-alleges-in-new-filing.html?espv=1

$4.5 billion, per his claim, could cough up the money.

Practically no one has the cash on hand to pay 11% of their net worth to settle a civil suit. Further, it makes very little sense to get upset at someone for overstating their net worth, then fine them more money than you know they can afford (because you were upset at them for overstating their worth!).

It's an obvious attempt to make Trump look bad and it was a huge waste of time. The only thing this case has done to Trump's support is cement his narrative that the "deep state" is out to get him.

Wasn't the fine calculated based on the revenue lost to the bank?
The conviction will get overturned on appeal.

Offline Action80

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Re: Trump
« Reply #11285 on: March 19, 2024, 03:30:32 PM »
It's almost like they went with an insane fine that they knew not even a billionaire could afford because it's a political hit job.
You'd think someone worth....*searches*

https://www.google.no/amp/s/www.cnbc.com/amp/2023/09/08/trump-overstated-net-worth-by-up-to-3point6-billion-per-year-ny-ag-alleges-in-new-filing.html?espv=1

$4.5 billion, per his claim, could cough up the money.

Practically no one has the cash on hand to pay 11% of their net worth to settle a civil suit. Further, it makes very little sense to get upset at someone for overstating their net worth, then fine them more money than you know they can afford (because you were upset at them for overstating their worth!).

It's an obvious attempt to make Trump look bad and it was a huge waste of time. The only thing this case has done to Trump's support is cement his narrative that the "deep state" is out to get him.

Wasn't the fine calculated based on the revenue lost to the bank?
What revenue?

Lost to what bank?
To be honest I am getting pretty bored of this place.

Offline Action80

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Re: Trump
« Reply #11286 on: March 25, 2024, 05:25:21 PM »
So much winning!

https://www.bbc.co.uk/news/world-us-canada-68600093
The bond was reduced.

Next up - The appeals court throws out the whole case because it was fucking bogus to begin with.

« Last Edit: March 25, 2024, 07:00:21 PM by Action80 »
To be honest I am getting pretty bored of this place.

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Offline Tom Bishop

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Re: Trump
« Reply #11287 on: March 25, 2024, 08:05:47 PM »
Trump's bond was reduced to $175 Million, and there is still a question whether he will even end up paying anything.

Trump's networth also recently increased to $6.4 Billion making him, for the first time, one of the world's 500 richest people.

Looks like he is winning to me.

« Last Edit: March 25, 2024, 09:19:35 PM by Tom Bishop »

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Offline Lord Dave

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Re: Trump
« Reply #11288 on: March 26, 2024, 12:09:54 AM »
But Tom, he was on the forbes 500 already.  Are you saying he lied before?

Also, isn't his networth increase due to Truth Social going public and the initial expected stock surge which will likely drop like a stone to its true worth soon after?
The conviction will get overturned on appeal.

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Offline honk

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Re: Trump
« Reply #11289 on: March 26, 2024, 03:40:14 AM »
Also, isn't his networth increase due to Truth Social going public and the initial expected stock surge which will likely drop like a stone to its true worth soon after?

Yes. It's paper wealth in perhaps its most extreme form. Trump can't realize it and it's not going to help him pay his debts or cut any deals with financial institutions.
ur retartet but u donut even no it and i walnut tell u y

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Offline Rushy

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Re: Trump
« Reply #11290 on: March 26, 2024, 01:40:05 PM »
Also, isn't his networth increase due to Truth Social going public and the initial expected stock surge which will likely drop like a stone to its true worth soon after?

Yes. It's paper wealth in perhaps its most extreme form. Trump can't realize it and it's not going to help him pay his debts or cut any deals with financial institutions.

Ironically, this case proved he paid his debts to financial institutions. The fine is brought by the state claiming it was fraud to overstate the value of his property to the bank. The same bank that sent assessors to the property and accepted Trump's valuation of it. The debt to the bank is long paid off and they admitted they'd do business with him again.

This case is nothing more than government corruption. "For my friends, everything; for my enemies, the law."

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Offline Lord Dave

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Re: Trump
« Reply #11291 on: March 26, 2024, 01:49:23 PM »
Also, isn't his networth increase due to Truth Social going public and the initial expected stock surge which will likely drop like a stone to its true worth soon after?

Yes. It's paper wealth in perhaps its most extreme form. Trump can't realize it and it's not going to help him pay his debts or cut any deals with financial institutions.

Ironically, this case proved he paid his debts to financial institutions. The fine is brought by the state claiming it was fraud to overstate the value of his property to the bank. The same bank that sent assessors to the property and accepted Trump's valuation of it. The debt to the bank is long paid off and they admitted they'd do business with him again.

This case is nothing more than government corruption. "For my friends, everything; for my enemies, the law."
Did the bank send assessors? 
The conviction will get overturned on appeal.

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Offline Rushy

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Re: Trump
« Reply #11292 on: March 26, 2024, 02:47:03 PM »
Did the bank send assessors?

Apparently not, the bank testified to just taking his word for it. He did, however, pay off the loan. The bank also testified that they automatically reduce any valuations Trump gives them, lmao.

https://apnews.com/article/donald-trump-letitia-james-fraud-new-york-364d1052f98816121000c26dc66f3878

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Offline Tom Bishop

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Offline Lord Dave

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Re: Trump
« Reply #11294 on: March 29, 2024, 10:28:46 AM »
Still winning.

https://www.businessinsider.com/trump-wealth-tmtg-dwac-billionaires-stock-court-judgment-rich-list-2024-3



Yep.  He owns some pretty hot stock right now.
But I doubt it'll last.

Also, wow... The man even has to have his name on the stock ticker initials for Trump Media.

Quote
Truth Social trades on the Nasdaq Exchange under the stock ticker DJT, the initials of former President Donald J. Trump.

Tho after the initial jump, its going down.  So we'll see how it does in the comming month.
The conviction will get overturned on appeal.

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Offline Lord Dave

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Re: Trump
« Reply #11295 on: April 01, 2024, 08:55:30 PM »
And I was right.
https://www.npr.org/2024/04/01/1242085620/trump-social-media-stock-djt-truth-social

A drop of 27% in ...3 days.  Hope you didn't buy stock, Tom.
The conviction will get overturned on appeal.

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Offline Lord Dave

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Re: Trump
« Reply #11296 on: April 10, 2024, 05:10:48 AM »
The conviction will get overturned on appeal.

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Offline Rushy

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Re: Trump
« Reply #11297 on: April 10, 2024, 02:09:47 PM »
Buy the dip!

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Offline Tom Bishop

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Re: Trump
« Reply #11298 on: April 10, 2024, 11:46:26 PM »
"The former president owns a majority stake in the company and his stake was valued at about $2.9 billion on Monday, down from a peak of over $6 billion after its debut on its trading debut."

It sounds like Trump's stake is still worth billions. This still appears to be his most profitable venture, and appears to be a doing lot better than most business ventures.

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Offline Roundy

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Re: Trump
« Reply #11299 on: April 10, 2024, 11:48:36 PM »
"The former president owns a majority stake in the company and his stake was valued at about $2.9 billion on Monday, down from a peak of over $6 billion after its debut on its trading debut."

It sounds like Trump's stake is still worth billions. This still appears to be his most profitable venture, and appears to be a doing lot better than most business ventures.

As long as you're Trump, of course. All those people who made him rich by investing in his worthless shit, on the other hand...
Dr. Frank is a physicist. He says it's impossible. So it's impossible.
My friends, please remember Tom said this the next time you fall into the trap of engaging him, and thank you. :)