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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Author: Dope1 ⎊  😊 😞
Number: of 86289 
Subject: Re: Trump's "fraud" in NY
Date: 03/13/24 5:24 PM
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That what the judge found had happened here. One component of the monetary award is an assessment of the gains that Trump obtained through the fraud:


There was no fraud. Asset management - especially of property - is partially accounting, partially an art form.

Engoron found that Trump lied about the value of his properties, allowing him to obtain lower interest rates on his loans and to obtain loans on development projects that otherwise would not have been given to him had he been truthful about property valuation.

Then every real estate developer across the country is guilty. Sorry, but this judge is a partisan idiot.

Want proof? Here you go:
cnn.com - Trump fraud judge mar a lago

“From 2011-2021, the Palm Beach County Assessor appraised the market value of Mar-a-Lago at between $18 million and $27.6 million,” Engoron wrote in his ruling.

The judge noted Trump valued Mar-a-Lago at between $426.5 million and $612 million, “an overvaluation of at least 2,300%, compared to the assessor’s appraisal.”

Question for you: Do you think Mar-A-Lago is worth $27.6 million?

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This community has written 86,214 posts about US Policy. The article-length ones it recommended most:
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