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Gotta love the legal defense of "Well, we broke the law this time and nothing bad happened, so it's perfectly fine." Same kind of claim every drunk driver makes "I've been drinking and driving for years and never caused an accident". That doesn't matter, since the next time you could cause an issue due to breaking the law.
@@osmosisjones4912 Trump and his company. Among other things, hey overvalued their financial assets to banks, allowing them to gain more favorable interest rates. Say it's a 1 million dollar loan, if you claim to have more income / assets than you actually have the bank may offer a better interest rate, say a change from 1% APY instead of 2% APY paid over the same time period. The bank makes less on that load, and take more risk than they agreed to due to being lied to about the assets of the person seeking the loan. That loss of income may prevent others who don't lie about their assets to not receive a loan or the bank to even go out of business, due to lending in a way they wouldn't have if they knew the actual facts going in. Also, the banks generally don't assess the entire assets of someone, just what they're going to use that money for. They rely on the statements of the person seeking the money to be accurate, and are signed as being accurate under threat of lawsuits and criminal convictions.
Hi Patrick. You seem like a thoughtful person. If I asked you the value of your home and you gave me a number, how would you feel if a crooked judge fined you millions of dollars because your number is deemed to be "wrong"? Doesn't matter how hard you tried to accurately give the value, if it's off by any amount from the judge's idea of the value, you'd be on the hook for "fraud", right? Does that sound like fairness and justice to you?
@@osmosisjones4912 So tax fraud is totally ok too huh? White-collar crimes exist, even if 99% of the population never has the means to pull them off. If this was a valid defense, I *think* that *maybe* Trump's defense would have mentioned it, don't you?
While I personally believe this was politically motivated and that there are tons of fraudsters who need to get their day in court but aren't in the spotlight, I also think it's a good thing. Having a fraudster as president who uses their political clout in furtherance of fraud is unacceptable morally. Becoming a divisice political figure when you have so many skeletons in the closet that can be used against you is just fooling around and finding out.
I almost laughed out loud at the video of Trump saying his expert witness called the financial statement the “greatest ever”. My dude, only one person in the country talks like that.
Trump really thinks he does some kind of jedi mind trick on everyone he interacts with. Not entirely unreasonable perhaps, the trick is called "bribery"
Penalties from the money you stole. Having to give it back is not a punishment--that should be the bare minimum. 9% is interesting because the banks would %1000 have a higher interest rate than that. Much much higher if we considered this money the same as late payments.
Elizabeth Holmes didn't even get this kind of justice. The lack of penalties and punishment for white collar crimes is appalling to me since we know the economic impact can push other, legitimate companies out of business and leave people destitute.
And that only because he broke the Golden Rule of Capitalism: "Defraud to thine heart's content, but thou shalt never defraud anybody richer than thee." He'll never be charged for the millions of workers and tenants he's defrauded over the decades.
As a lawyer, would you advise your client not publicly call a judge who just found you guilty "crooked" ? Asking for a drug addicted senior citizen who keeps claiming he's a billionaire after declaring bankruptcy 5 times.
As a normal slave, sure. In case of Trump, he has no need to fear obviously corrupt judges as that one. Of course in the end the whole US system is sheer corruption and rotten to the core anyway.
No one said "This is one of the greatest financial statements I have ever witnessed before". Every time he says something like that, he's lying. Remember when he said the doctors couldn't believe how smart he was for passing a cognitive test? The test that shows if you have basic cognitive function.
It's astonishing that the only time I've ever heard of a person saying "this is the greatest X of all time" it's always Trump claiming someone said it about something regarding him. I've literally never heard the phrase used by anyone in any other context out of videogame opinions. The idea of some accountant saying it about some balance sheet they had to look at is as hilarious as it is frustrating people seem to believe him.
It is really important to always keep in mind, when the thing in question has a pass/fail where pass result is perfect and 90~99% of people are expected to pass then an astonishing result is a spectacular failure. That would be things like financal statements, Tax statements, cognitive tests, modern (medical) IQ tests etc.
15:46 Just stood there infront of cameras committing more fraud. If the properties are worth MORE than the court is claiming, and you made financial statements for tax purposes saying they were already UNDER the values the court is claiming, then your fraud is even LARGER. What an idiot, he doesn't even realise what he's saying...
IRS: so you're saying the properties are worth more? please go on. Pay no attention to the microphone and the scribe frantically writing what you're saying onto your next audit documentation
Trump lies to give the impression he is in control of a given situation. Its mostly for his drones who will take him at his word. Like everyday Trump would claim he is winning the court case while complaining how the crooked court was out to get him.
The thing I want to point out is that this family could sell all of their property at half market value and still see dozens, maybe hundreds of times more wealth in one go than most families see in multiple generations of lifetimes. And yet they're committing all these lies to try and get even more. Absolutely disgusting people.
They still owe money on them so they can't actually do that he still has loans out so he sells them they gonna take back what he owes them, and he get far less so he can't be selling them for half value when he still owes cash on them sigh. That is the issue if he didn't lie on these loan applications he would paid so mucn interest on them he would have sold off more property then he has. He would have way less to his name. Its because these loans low interest rates that is doing ok but still got kicked off forbes list lol
The simple fact that each day this judgement accrues $87,500 in interest. That alone is more wealth than the vast majority of people see in a year, per day.
@@MrTheAngryLlamathat's an awesome fact I'm happy to learn today. The interest part, not the fact $87k is an unrealistically great salary expectation for a huge part of America
American nobility. If you're born into it, you can never be removed from it. If you're hired into it, you can also never be removed from it. Look up any list of "worst CEOs of all time." The only person on those lists who didn't get hired as an executive for another company after running theirs into the ground is the one who died in prison: Bernie Madoff.
Can we appreciate the irony of Trump calling the judge crooked for calling Trump out on his blatant lying, cheating, and deceit? I’m pretty sure advocating for transparent documentation is the opposite of being crooked. Then again, it’s the only insult he seems to have at his disposal. I wonder if he’s projecting?
The fact that he was trying to make libel laws more broader to be able to sue new media because "they were defaming him" makes your claim of projecting correctly made as the only thing he's done is defame everyone around him
Business is a negotiation. That's the literal point. Of course the finance cartels don't like negotiating, which is why they can push this kind of sham through a court of "law". When people say "everyone does it", that's what valuation is all about, a negotiation, which is not a crime. Of course, moronic socialists are easily manipulated into going along with the idea that everything has a fixed price. Thus the cartels manipulate socialists into their global scams. It's pathetic really.
You mean to tell me that an industry built around making basic necessities harder to obtain has a corruption problem? What will they think of next?@@TheAsvarduilProject
Not to a cult leader it's not.. that's why they feel the need to wipe out the whole cult when they realize the con is nearing it end. That's why they don't usually go alone when they get desperate and start making coolaid..
That's a wonderful take to all of this. Perfect comparison. My aunt is a brainwashed Trumper, and it is horrifying. She stills believes those 2 poor black lady's was really passing a USB port and that they were frauding the election. No matter what evidence, I or anyone else try to show her she won't listen.
unless the court that appointed them is corrupt, and the overseer is also corrupt. we can't produce any logic or evidence that won't just be further evidence to his fans that he's being persecuted.
His "brand value" is now negative. According to Business Insider, "Condominiums in Manhattan branded with the name of former President Donald Trump are selling for far less than buildings that have removed his branding."
@@zubetp Yawn and the system is out to get him, and aliens are behind it all or something about floride sigh. How can overseer hurt him minus making him have to prove his financials? HE stopped filing fishy shit after she got appointed lol. She didn't force him to stop doing anything he was not stupid and went "oh shit we can't do that now!" And had to stop all the shady shit lol.
@@josephfrizzell6451 He is doing this intentionally. He knows that he won’t be paying this from his pocket, his supporters will donate money. He wants to use this to convince his supporters that he is the victim. And convince his supporters that “swamp” is doing everything they can to prevent him from running for president. That’s his plan. Trump speaks like a dumb person, but he knows how to play the game. I am not supporting him, but he knows how to play with emotions of his supporters.
@@josephfrizzell6451 That's because he never really cared about winning the case. He's using it as part of his campaign, pitching himself to the rest of the country as the only honest person who can fight the corruption shown by the courts and current government. He's obviously lying, but with every case brought against him, he gets to play the victim card and polling in favor of him goes up. He knows exactly what he's doing.
You rarely hear about it because the media is in the pockets of the rich. CNN and Fox are on two sides of the same coin. Why do you think Bernie got absolutely smacked down by both news outlets? It's because his policies would've pushed the economy in favour of the worker to some degree
@@josephfrizzell6451 From a political standpoint Trump has to double and triple and quadruple down on this because if he admitted to the crimes hes committed even if it lessens to sentencing it would kill him politically. Thats why he still denies the SA hes committed no matter how many millions he pays
You rarely hear about it because it's rarely ever actually punished unless the city is effectively trying to use it as a weapon against the specific person which is exactly what happened
Also, if you falsify your documents and an honest person does not; you would be more likely to get the loan than the honest person. Investors deserve to know who is truly more valuable.
"No victim, no crime", the latest rallying cry from the people who brought us "not deporting non-violent illegal immigrants is an impeachable offence".
I doubt he'll end up paying any of this with his own money. He's also going to be the president again. Teflon Don may be a total charlatan, but he always gets away with it.
"You don't begin with the number you want and then manipulate the assets to reach the valuation you're looking for." This is *exactly* the thought process that was behind him making the call to the Georgia SecState to find him 11780 votes.
There is SOME flexibility in terms of valuations of most assets. But ... Once you do that you're stuck with it. Can't alternate them year by year, or report a lower number to taxes than potential creditors.
@@ccshredder9506 I’m implying nothing. Trump wanted to win, so despite the reality he’d lost, he wanted those votes, regardless of what it took, legal or otherwise (and, in this case, there’s no “legal” way to overturn votes). So, he operated from a position of a number he wanted, then tried to force his will/desire through illegal means. I hope this clarifies his thoughts process.
On today's edition of "Conversations That Only Happened In Donald Trump's head"... _It was a big accountant, strong accountant. A real accountant's accountant. He had tears in his eyes and called Trump "sir" when he came up to him. He had stood on a hill of paper and led other accountants into battle, many died of paper cuts, dropping like rejected fake business lunch receipts left and right - but Trump's financial statement was the bravest he had ever seen._
Because you can't throw the entire corporation in prison. You would have to figure out who did it, as 99% of employees likely had 0 involvement, at which point the corporation is no longer at fault rather the individual. This is the advantage of working as a group, innocents become a shield.
No, you can't imprison a Corporation ...but the State can/should seize it & its Assets and either sell the business/es to attain restitution or operate it & use profits to benefit the state/people ...to make Restitution. Forfeiture of Assets to value of Judgement should be matter of Course in these types of cases with a further Penalty of Punitive Damages.
@@Dragoonsoul7878 Directors have a legal liability for certain unlawful acts - having a company does not 'shield' certain individuals from facing criminal prosecution - study the law before making uninformed comments please.
I mean if this was a small business they'd be under the same level of scrutiny. Only like, the top 5% of American companies get to pull this kinda bullcrap as they can afford to pay for the good accountants and consultants who know their way around tax law, and can also afford to pay lobbyists to make the laws to suit them.
I've been amazed at the "investors" who are screaming about how this might affect them. If they're all committing fraud, I hope it *does* affect them. After all, their behaviors have an impact on everyone in NY, especially when that fraud allows them to avoid paying taxes that would be used for the people of the state of NY. It's bad enough that tax systems are set up to allow so many deductions that they don't have to pay anywhere near the proportional equivalent of a middle-class worker's income. The middle-class worker is often forced to economize and live paycheck-to-paycheck whereas the high-income people don't have such worries.
It's because trump did exactly what every other developer does for building a project or building.....Trump getting singled out and fined is the only difference. This is how it's done in every city in North America
@TheRadyckal Yeah, but that's not remotely a valid defense. It's like saying you shouldn't be punished for rioting and property damage I participated in just because everyone around you was doing it and some got away with it.
@@h8GW I'm still trying to figure out who he defrauded. And what formula was used to come up with that fine? If anything, inflated real estate values could only lead to more taxes paid. It's fine if you don't like trump but don't pretend this is about justice. Justice for whom? This is about draining his bank account so he can't run, which isn't going to work anyway.
I love your channel, as British farmer I have no experience with any legal systems. However your balance between explaining legal complexities and still keeping your content approachable to layman and formulating a compelling narrative is fantastic. Keep up the good work.
I’m a property owner. If I tried this shit in my taxes, I’d be in jail. And my banks and insurance companies would dump me like a truly smelly pair of sneakers, with penalties
actually no the apraisal would say your wrong you would not be in jail and would not get the apraisal you wanted lmao thats it you dont decide the aprasal trump didnt decide it lmao why this is so absurd
@@mercury13Right, that's why a judge tests Trump's case against the law and decides that Trump, who reported the values (so yes, he did decide those numbers), is guilty. Or as you'd put it, "acrtually no the apraisal wuz dun by trump lmao your wrong you would get fined lmao that it you dont decide you dont get fined lmao why this is so absurd"
@@Melesniannon no you cant do that i can say my car is worth 50,000 i can sell it for that uch you buy it its not fraud lmao you just got ripped off which most people do get ripped of daily in stors without comparing prices.. you sayig he id desnt make it so. the judge wouldnt allow the apraisers to testify it was summary judgement not a trial
@@mercury13 You clearly don't know anything about this. Ignoring the issue of thinking you can rip people off without legal consequences, you are not a bank. Are you capable of understanding that? Finance laws to secure loans aren't the same as a personal sale. Also I did not mention the word 'trial' but it in fact was a trial. They did that entire evidence and testimony spiel, you know, the thing that trials consist of. Want to know the best part? Defense council asked for summary judgment but it was denied. Remember whom they were representing? You get a gold star if you can mention the name of the defendant. Two gold stars if you can do it using a sentence that includes capital letters and punctuation.
I think he knows it doesn’t work, but he also knows it might still work in our next election. And if the election works, he has the power to make court rulings go away…so it might still be able to overrule the courts.
@@elizabethsohler6516exactly! i've been saying this! why on earth would he ever question how he operates? it's only ever brought him exponential rewards.
Absolutely not. He's too stubborn and too deranged to learn to behave at this point, at least not without being stripped of everything he owns. Which it looks like the courts are systematically doing, so I'd give it a .00001% chance of happening.
My favorite part of this whole thing is definitely all the other business mogels and millionaires going on TV everywhere being like, "Everyone does this. What? You don't want any business done in NY?" They just have been nonstop admitting that they all are crooks who think they can get away because they're elites and think threatening the investigators is a good idea. I do hope every last one of them are investigated.
On what, Fox Business? Most everybody looked at Trump's "defense" and went, "this is why we settle this shit". Normally people get busted for doing 10% inflation and deflation, which is arguable. Trump did 500% overvalue and 200% undervalue.
@@simoncohen9323 ... That is not how it works. It is illegal. Hell, you even have the broken laws pointed out for you in this very same videos. If it wasn't illegal he can just appeal and maybe even get the judge expelled for it.
@@simoncohen9323Everything Trump did was illegal. Your tax filings have to match your investor reports, your assets have to physically be there and in the state you claimed them to be, your profits have to match your bank accounts. This is law in all 50 states and has been law long before the colonies won the war for independance. What is a miracle for Trump is that these laws no longer carry a corpral punishment, within my lifetime there where buisnessmen who face the death sentince for his behaviour. And dont even get me started on his over-leveraging of his assets. That man litterally took out so many loans against his properties in such short order that the banks could not default him because they would see an almost 100% loss. Thats how Trump became a "Billionare" he took out more then a billion in loans against properties that where not worth a hundred million. Thats beyond illegal. He's called Teflon Don because his fraud *USED* to be too large to prosicute. Now we have trade sactions against Russia where most of his bank debt is held.
Lots of subpoenas to UA-cam, to get names, on that one. Also, there’s a good chance they subpo people who aren’t Americans. That’s international trouble, waiting to happen. Also, remember that UA-cam doesn’t have a single non-executive, who speaks competent English.
Anytime I hear Trump talking during his trial I just think to Shrek 2 with donkey and Shrek in jail…. Donkey: “Nobody told me you have the right to remain silent!! You’re supposed to say you have the right to remain silent!!” Shrek: “Donkey, you HAVE the right to remain silent. What you lack is the capacity”
It always amazes me how he talks like a parody of himself. "Great financial statements, the best financial statements the world has ever seen" is something I would absolutely say if I was trying to parody him.
Mar-A-Lago is the most expensive property in the United States. The Department of Defense Documents hidden in the false wall by the breakfast nook alone are worth billions of dollars. Donald Jr.s stash of pure Chilean yayo add another five million to the property.
"If you have defrauded the state of New York for decades, you are going to need a good lawyer." Now, THERE is advice Donald could have used 6 months ago.
And here I thought LegalEagle was an actor. You know, starred in A Quiet Place, The Office, Jack Ryan, and he's married to Emily Blunt... (joking, obviously)
Julias Ceaser was a vain tyrant, but he was also a skilled general, politically savvy and loved his country, even if he hated the conservative political elite running the Republic. Trump is a trust fund opportunist dealing in grievance politics who couldn't govern his way out of a paper bag.
He who laughs last, laughs best 😆🤣🙃. Trump is headed for the White House and this case is guaranteed to be overturned. Turns out that you have to apply the law properly, and uppity Letitia James didn't. She'll be lucky if she keeps her law license.
"For having built a perfect company" Despite the fact that you went bankrupt multiple times? A good businessman wouldn't have gone bankrupt ONCE. Yeah, did people forget that little gem of info?
@@MisakaMikotoDesu It's said that he himself declared bankruptcy before too... which is why he went to his father for that "small loan of a million dollars" before. But even still, having a business go bankrupt more than once doesn't look good.
@@SundayPancakeBreakfasthe's not handsome, not going to be president ever again, and is at this moment scamming people like you by selling you cheap sneakers for $400 to get you to pay his fines. Some of you are throwing money at him with a gofundme even.
As an educated layperson, I sincerely miss the days when I didn't need a legal breakdowns of current events. But I am thankful to have @LegalEagle as a resource during these bizarre legal days. Keep up the good work, even more challenging days lie ahead. (Alabama, WTF?!)
Man even as a lawyer I'm still stunned by what is going on. Like, sometimes I'll speak to colleagues and ask their thoughts cause I just assume that I'm missing something and there's no way this many people could be this stupid and do this much illegal shit this badly. But every time, yep, they are in fact this stupid.
If you think of all four of them - dump, dump jr, eric the terminally stoopid, and ivanka, it's hard to think who'd win a race to the bottom. I think it would be a 4-way tie.
@@skeletonbuyingpealts7134 when Hunter gets hired to work in our government I'll give a crap about him.... until then he's no different than 1000s of current or former drug addicts in every city in the country
I hate how Trump is "allowed" to straight up lie about what happened in court and attack the judge. Trump feels like he's "overly persecuted" when he's given the lightest of wrist slaps all the time while doing horrible things.
They really ought to have these trials televised... Then again, his cultists wouldn't care. They'll trust the habitual liar over their own "lying eyes". :(
Hu? The judged is absolutely corrupt, he even admit to it openly, what you simply ignore. What Trump did was just using what is the standard in your system and there wasn't even any damage done by it. The whole show is just standard fascism and getting rid of a political rival. That your system is corrupt and criminal in every way is system immanent. And you vote for that all the time. Not that you have much of a choice, since only got one oligarchic party that puts up a show to be two.
it's showing the double standard many, many many other investors are doing the EXACT same thing but they are ONLY going after Trump for it if Trump was a democrat there is no way he'd be charged by the D.A. in New York
@@OsamaBinLooney🤥 Also like 95% of leftists would be perfectly happy to see everyone committing white collar crimes to be charged. Normal people don't worship politicians like you do. The GOP has been trying to indict Biden for years without evidence so it isn't like they are innocent and playing above board
@@thejuridicalbear147 it's not about starting somewhere, he wasn't the first or last one to do it and they haven't charged or even TALKED about charging anyone else
@@OsamaBinLooneyBernie Madoff was a Democrat donor. Sam Bankman-Fried donated millions to Joe Biden’s 2020 campaign. It’s almost like financial fraud is financial fraud, regardless of your political allegiance.
I've never heard anyone conflate Law and Order as compatable if they indeed cared about either. Law IS chaos, Order is the courts and honestly natural random action without constraints; its a mathmatic fact. Claiming for both is clammering for authoritarian dictatorship and boots on necks
I've never heard anyone conflate Law and Order as compatable if they indeed cared about either. Law IS chaos, Order is the courts and honestly natural random action without constraints; its a mathmatic fact. Claiming for both is clammering for authoritarian dictatorship and boots on necks
You clearly don't understand that what occurred is corrupt as all hell. What they're going after Trump for is what real estate people everywhere do. Even the bank that the judge is claiming the fraud occurred against testified that no fraud occurred, that due to the deal they made 600million dollars and would like to work with Trump again.
Okay, so, slightly irrelevant question- if Trump had to foreclose Trump Tower in order to pay off his debts, would Spirit Halloween be able to set up in there?
I know it will absolutely send Matt Walsh and LibsofTikTok into a delicious indecisive frenzy since that's like Mount Olympus to those guys.@@ianmiller6040
@kosumdohchi7356 Oh yeah, let's review the key evidence in the Biden impeachment, shall we? What's that? The informant was arrested for lying? And admitted to being in contact with Russian intelligence? Shock! Horror! Anyway. All your whataboutism is doing is making the claim that both Trump and Biden should be investigated and potentially barred from the Presidency. You're not absolving Trump by trying to claim someone else is doing the same thing.
Show trial? You must be one of his cultists. The facts showed he was guilty. He over valued when he wanted loans and undervalued for taxes, on the same property. But as always the law and order party would never trial one of their own, or corruption in other words.
Everyone does it precisely because it is NOT a crime, as the appellate court is going to make very clear when they overturn it while he heads to the White House as your President. Sucks to be a loser, doesn't it 😆🤣🙃
I'm so frustrated by the Courts constantly refusing to break up harmful, corrupt companies because of the "harm it will do to workers and the economy". It just incentives companies to continue making profits through fraud.
As if the harm it does to the people who work at corrupt companies doesn't matter, companies who can get away with abusive behavior to employees and clients alike, let alone damaging other businesses and the entire law system by their flagrant disregard. All of that is irrelevant somehow.
@@malificusalbert Exactly! As if fraudulent companies typically pay their employees fair wages and don't partake in crummy business practices that harm mom and pop businesses!
@@popemorah7449 can’t take your argument seriously at all, not only can you not spell properly, But your saying something bad about roughly 75% of the population of America, may be less or more not entirely sure. Unless it’s of course sarcasm.
Man imagine if everyone received a basic living wage from the government so that if companies were broken up or dissolved and people lost their jobs it wouldn't be a big deal because they'd still have enough to put food on the table and pay their mortgage/rent etc. That would be wild! Then the whole "it would hurt the workers and economy!" argument wouldn't have a leg to stand on! Too bad we can't have that because reasons.
This case is literally Trump telling different entities completely different evaluations of the same one property, many times. On purpose. He shouldn't qualify for another loan ever again.
I really don't understand why people continue to work for him as lawyers, and why banks continue to give him loans. He's demonstrated, dozens of times, that he cannot be trusted with either of those things.
@@cedricappleby2006Banks do business with him because they view it as profitable. If it wasn’t why would they? As for lawyers, should everyone not have adequate legal council?
@@cedricappleby2006 The only lawyers left working with him these days are completely bonkers and hoping for their fifteen minutes of fame that they can spin into money.
I wish the government would seize the Old Post Office and turn it into a homeless shelter. It's so nicely decorated it'll be a great atmosphere to raise the spirits of the people they bring in. :)
Still wondering where the tax fraud charges are. It's well known that he over-valued his properties for collateral; while simultaneously under-valuing them for taxation. One of his golf courses, for example, was valued by the county it's in at $14 million. They challenged the value and got it reduced to (I believe) $7 million. Then the following year they got it reduced by a further $1 million. At the same time they were signing loan paperwork listing the value around $60 million (or something in that neighborhood) for collateral. So which is it? If they didn't do anything wrong with the valuation, they should be liable for tax fraud. I'd have that loaded and ready if I was the AG.
Tax valuations of a property are NOT the same as market value of the properties. This is well established. Also, despite what this judge says, the disclaimer in front of the report absolutely has legal merit. "DO NOT RELY ON MY STATEMENTS OF EVALUATION, DO YOUR OWN DUE DILIGENCE" is literally telling the bank to not rely on his report (reliance being one of the 3 key, mandatory aspects of fraud). This isn't the same as some Terms of Service trying to sneak in a line like "Also, you owe us 1 million dollars for no extra reason" -- which would void the contract. This is literally his report stating do your own due diligence for figuring out the value of my assets, which a bank is wholly capable of doing, especially with famous properties like Mar-A-Lago. Anyone thinking this case was reasonable, go read the judge's 90+ page report -- specifically near the end with his "Conclusions of Law". He states reliance isn't necessary in fraud, something every 1st year law student learns in contract law is absolutely necessary for fraud. Fraud needs intent, reliance, and detriment. A mischaracterization isn't fraud. You must know the statement is false (or a reasonable person must know). The other party must rely on your statement when making their decision. And the other party must have suffered a detriment due to this. These are the 3 key factors of fraud. Don't have 1? Don't have fraud. That's how law works. The judge, in his own decision throughout this process, said the fraud was so glaringly obvious anyone must've known. The issue is Trump is famous and his assets are famous. If he must know the valuations are wrong, a bank, who is definitely considered financially adept, knows it's wrong -- therefore they waive reliance away. (They did their own due diligence btw).
@@CanadianEhHole Trump lied about the size of the places, and did it for years. Banks don't necceseraliy have the capability to go and check that. He lied about how many stories his places was. And on top of that he lied about being able to develope Mar A Lago and could get out of the tax-break deal he made. The bank has to their own checks, but they might not be able to check all of that. They could of course take down the impossibly high sq/ft price he said the place was worth, but when he has doubled the size as well as x4 the sq/ft price, then it might be hard to determine both. ANd all you seem to be doing here is to say that it is okay to lie to the IRS and to lie to the banks and that it should have no consequences. Not only that, but Trump tried to claim that those that did his finances were the ones at fault, even when they could document that Trump was the one that gave the numbers, the size, how tall it was and so forth. And they had dropped him as a client because they found some of his lies. As someone else stated here, a women was thrown in jail for overvaluing her property when getting a loan. She also paid here loans, but she got jail time for something that wasn't 1/50 the size of what Trump did.
@@CanadianEhHole "Reliance is not a requisite element of either Executive Law § 63(12) or of any of the alleged Penal Law violations. See, e.g., People v Essner, 124 Misc 2d 830, 834 (Sup Ct, NY County 1984) (“Reliance then is not an element of [Penal Law § 175.45 - Falsifying Business Records]." Try reading it next time genius.
@@CanadianEhHole oh cool, I'll just write that on things then intentionally lie about everything in there sweet ethics. Note this does not constitute agreement with your statement about the judge being wrong. Just that you're advocating on attempting as much fraud as you can get away with and using weasel words to then say it's not fraud.
I wonder what his cut of the shoe deal is. Is it 50%? More? Less? Selling extremely overpriced gold painted sneakers that he didn't design and that have no practical function or aesthetic appeal is fitting for him.
What's wild to me is that this much evidence is needed to go to trial in the first place with Trump, but what's scary to me is that I still don't know that he's going to end up needing to pay any of this. Somehow or another, it feels like none of it will matter.
You are correct, none of it matters. It will get reversed in appeal, or there will be some trick where he pays 0.01% and the rest is forgiven. After that, he'll go on to get re-elected, despite his attempt to destroy US democracy.
@@Siaman668 Not by legally legitimate means. "Fraud" by it's definition has a victim. Who is the victim? And if truckers are private contractors, given this precedent, what legal reason do they lack for no longer wishing to do business with New York?
@@QuartuvLarry my guy, you can’t just lie about your financials. He is very lucky he didn’t lose money during it. He’s investors we’re essentially being lied and actively lying about the worth of his businesses which you cannot do. These protects not just him but the people he ask money from. Now instead of being the number one trump fan, use your brain a little bit?
I wish, my house is valued at about $400,000 and my tax is the same but we also get $100,000 off the top. so not sure if "nowhere close" is correct. @@joshuagarner1654
If he didn't run for presidency and get all that attention, I really doubt any of these civil liabilities would be revealed. Lots of rich criminals don't draw attention to them selves.
Smart criminals keep their mouth's shut and IF they get caught they force the courts to prove literally everything. This jackass is getting on live T.V bragging about how he should have done more
Could you guys please do a video about the Alabama court ruling that embryos are children and some of the downstream effects this may have? For instance: -- Do embroys now have to be counted in the census? -- Do embryos frozen for more than 18 years now count toward population figures in electoral districts and the electoral college? -- Do embroys have to be accounted for in school funding? -- Do 21 year-old newborns have the right to drink alcohol? -- Can a pregnant woman in prison is Alabama now sue on behalf of the embryo for unlawful imprisonment? -- Can an extended power outage now cause the deaths of millions? -- Do embryos in Alabama now have to be stored ad infinitum if both parents die, or do they have a "reasonable exectation to be born"? The list is nearly endless.
Opponents of slavery used to make a similar argument, saying we shouldn't do it because it poses a bunch of legal questions that seemed difficult to answer at the time. Remember the 3/5 clause?
@@SerErryk -- Please do not assume I have a "change is bad" attitude. I am genuinely interested in the ripple effects this ruling could potentially have on Alabama and the 11th circuit. Overturning Roe v. Wade is forcing states like Alabama to actually have to provide concrete answers to real problems rather than rely on the crutch of simply being "against" the Federal laws. In a sense, they're finally joining the conversation.
@erichvonmanstein2568 Someone who believes that military might, corporations, and even majority ethnicity/skin color have more value than rights or democratic government.
I really love how the Trump people are so Law & Order but when it comes to Trump, Law & Order is not even an issue, this is literally what happens when you don't really have principles or values
@@timl9724 If it's a show trial then how did they prove that he broke the law by lying a boatload of times on his financial statements? Admit it, you just don't want your guy to be prosecuted for his crimes.
@@timl9724 what principles or values do you or Trump have? McCain, Romney, and even Bush had... but what do you and Trump have? Trump's impeachment trial at the senate was a show... Lindsey and others grilled him but voted for him as a show. Biden Impeachment inquiry was a show. Mayorkas' Impeachment was a show. Trump's trials? If they were a show please give at least ONE evidence proving they are a show. Otherwise I can definitely see that you have no principles or values.
Trump doesn't pay the people who work for him, and they're trying to help him. What makes anyone think Trump is going to pay this? EDIT: High hopes, low expectations. I'll accept Trump consequences when I actually see them.
Yeah this isn't the same. He can't even appeal before putting the money up. Then if he doesn't appeal, or pay, they'll start selling his sh!t while he sleeps. 😂
His excuse of “the loans were paid in full” is like stealing something, then returning it and claiming you can’t be charged with theft because you returned the item.
I would say that's the stupidest notion you've ever came up with, but somehow I doubt it. Where there's one moronic idea, thousands more likely have passed through.
Sorta, but not quite, because his lies cost him a lot less interest than he would've otherwise paid. So it's more like he stole something, then returned a fraction of it. XD
You are the lesson that history keeps trying to teach, but you plug your ears, yelling "nah, nah" . Who are those old men to tell you about reality anyway? Eventually, your hubris comes back to bite you, and your warnings to the next goof will likewise fall on deaf ears.
@@timl9724 Ironic you talk about plugging ears when this is all public record. Trumps fraud here is all documented and argued out in nearly 200 pages of public court documents. Rationale and justification for where he has broken the law is given. Yet people will still jump in and, plugging their ears, say 'nah, nah, this is a conspiracy'
More like: Trump def: We put our best estimates there, and the bank looked into it, and already decided it was fine. Bank: Yep, that's true, we had our own appraisal done before granting the loan. They paid back the loan, so it seems obvious it wasn't an intent to defraud. Judge: We don't need a victim here to say a crime was committed. That's not how this works. I hate you, and I have more power than you, so victims aren't needed.
@@uigrad Which bank said that? Specifically.Also, did you catch that he paid back MUCH LESS than he would have if he'd been honest? That's called fraud. You know who's a victim if I calculate my taxes wrong? Literally nobody, but I still get penalized, because I have to obey the law.
@@uigrad 100x the real value and 3x the size is the best estimate? What about not knowing what rights to a property he has, saying he has licenses he doesn't, not knowing what share of a property he controls, or pretending that other people's assets and money belong to him. Did you miss the part where he reversed engineered the numbers to get them where he wanted or the fact that his businesses were losing money? Seems relevant.
@@uigrad Reality Judge goes: you looked into it? Corrupt banker: I mean we took his word for it, we didn't actually access any of his properties but this guys who knows Putin vouched for him when I took him in as his Private Wealth Banker so I knew he was good. I mean we never look into any my clients, its dangerous to... can we strike this from record?"
@@uigrad I get a speeding ticket, there was no accident, should I use Trump’s defense? No accident, no victim, no ticket. Can I use the same defense for DUI ?
Even more hilarious is what the appellate judges had to say while they basically signal with a neon sign that the law was abused here and the case is getting tossed. Oh, and Trump is going back to the White House 😆🤣🙃.
I love this judge. I think he went about all this in a very smart way, including holding the business license hostage to gain compliance with other aspects of the judgment.
Having my favorite youtube lawyer actually start to get frustrated at 23:02 was such a shock. I can't imagine how discouraging a person like trump must be for the legal profession
I can't stop hearing "Judge Engoron" as "Judge Angron", which amuses me. For those who are not total nerds, "Angron" is in Warhammer 40k, the Primarch of the World Eaters Legion and Demon Prince of the Blood God Khorne. I'm getting the mental image of a large, angry, winged thing pummeling Trump into the ground with a mallet, and it makes me chuckle.
Khorne looked at Trump, Trump looked at Khorne, and Khorne said "Dude, WTF is wrong with you?" Tzeentch shook his head and said "Even I can't follow this nonsense." Slaanesh just winced and shook his/her/its head. Nurgle gave him a hearty handshake a kiss on the cheek.
Literally, anyone else wouldn't be prosecuted for this. It's a dangerous precedent, which is why Kathy Hochul is telling real estate investors that they will not be prosecuted for this.
@@perturbedxtirade7428maybe, but i think most people would only fudge the numbers a little bit. Trumps differing amounts are insanely inflated for loans and deflated for Tax and are done over and over and over again to the point where it is obvious and blatant disregard for the rules/ laws. If you continually are pulled over for speeding, and at very high speeds, you will lose your license eventually, even though everyone speeds and some people get off with a warning if only going a little over. Plus, THIS MAN WAS PRESIDENT and is running again. Of course he will be scrutinized more than a normal person, as he should be.
He wasn't prosecuted for this. It's not a dangerous precedent, and it's not even a precedent. Most real estate investors aren't publicly and repeatedly defrauding the state. @@perturbedxtirade7428
As a corporate CPA and former corporate auditor, the whole talk of financial statements cracks me up. Fun fact, a $200M misstatement COULD be “not material” in certain circumstances, but this is not one of them. The materiality threshold for fraud is $0, aka any amount of confirmed fraud is considered material to be reported to the board of directors in most circumstances.
I get a feeling that the judge is counting on Trump and Co. doing their normal thing and making a complete dissolution inevitable. "We DID warn you..."
Many crimes do actually require a victim, this just happens to not be one of them. Although yes, that is a very common sovereign citizen line of reasoning.
@@wiiztec yes, but the trial is already over, he had all the time and opportunity to prove his innocence. Saying that "Your honor, I don't think so" is insufficient defense for this large of an allegation.
For those who need to know, as someone in college for being an accountant, you DO NOT get to flub your valuations based on what looks best. When you get an asset, it has a set value. It goes up and down based on things like depreciation and money spent to improve it. As well, market value trumps all. If your books say your car is worth 40,000 but an appraiser says it's 25,000 when you sell, gotta record that loss.
I wish you luck 🙏 My college merged business administration and accounting. So even though I wanted accounting at that time I got both and stink at them now.
Nah see you're only doing poor people accounting. Rich people accounting has at least 3 valuations. What you borrow against, what it's worth and what you tell the tax person it's worth. That's why right people accountants get paid more it's 3 times harder and you get to spend time on holidays at club fed.
The key part of your statement is "when you sell." Before that, what is the market value? Blue book is an estimation. They had 3 experts appraise the properties in this case. All 3 gave different values. The bank also appraised it themselves at the time because his report had a disclaimer stating his valuations might be off and to not RELY (key legal word) on them. So that's 4 different appraisals. And then judge even gave his own evaluation of the properties. For example, the lowest appraisal for Mar-A-Lago was about 18 million. The judge decided its value is 24 million. ... So this makes sense because... ??
The appellate court seemingly slapped the prosecutors around a bit. We'll see how well this video ages. BTW did you see the judge at a speaking event state. And I paraphrase: I have the tools available depending on if the defendant wears a blue or red sweater. Says alot.
Guess this didn't age well considering what the new york Supreme Court hearings are saying remember folks this is a youtube lawyer who doesn't understand basic law
Anytime someone says "best", "greatest", or any of those broad descriptors...I always ask them to define it. I have the "best" business sense. Define best. Most of the time, they can't. Why has no one ever asked Trump to define "greatest" and "perfect"?
I love the Trump supporters who are ignoring that this isn't even the first time the Trump family has been caught committing some form of fraud. Trump University, Trump Foundation, Soho Condos...
There need to be laws introduced to prevent the "I don't remember defense." It's become just a way to refuse to answer questions when you HAVE to answer questions. There should be a limited amount of times someone can say "I don't remember" before the trial is paused and the defendant is required to take a psych evaluation. The specialist will conclude that the defendant has amnesia, early onset dementia, or they are lying. If they're lying, charge the defendant with perjury.
@@khaerinaennoYeah that one's also got to go. If answering a question in court will incriminate you in a crime, you should not have the right to not answer it. I understand the burden of proof lies with the prosecution, but it should be recognised when a defendant is just blatantly refusing to answer questions. And preventing a defendant's ability to decline questions will encourage guilty defendants to lie on the stand. And that opens them up for perjury charges on top of everything else. That is a good thing. Criminals should fear courts. They should not see them as an irritating chore.
@@wafflingmean4477 The problem is, by doing this you make innocent people to be afraid of the courts (and, by extention, criminal justice system) as well.
@@khaerinaenno No, you don't. Innocent people don't plead the Fifth. It's not what it's there for. If you haven't committed a crime and have no knowledge of what you're being accused of, it is physically impossible for you to incriminate yourself. Literally no one who is innocent of a crime would ever plead the Fifth. No one. Therefore taking it away would scare no one aside from those who want to use this corrupt law to protect themselves from justice. Do not make this excuse. You know better. The people who started that talking point have no interest in protecting you, only themselves.
@@wafflingmean4477 > If answering a question in court will incriminate you in a crime, you should not have the right to not answer it. Ya... uh... speak to any lawyer about criminal proceedings and their #1 piece of advice will be to SHUT YOUR MOUTH!! Not because you might incriminate yourself but because they can and will use anything. It doesn't matter, they're aren't seeking justice a lot of times. For example, ANY criminal case revolving a gun -- the prosecutors will target the type of ammo used. If you used FMJ, they will say it was done intently to murder instead of say self-defense. If you used hollow point instead, they will literally argue the SAME THING. You have far too much naivety when it comes to legal systems. Go read Frederic Bastiat's paper, The Law, it gives a great breakdown of what legal systems really do. A seasoned lawyer can make someone look guilty, even if they aren't, if they were to be forced to testify. Their expertise is literally in getting convictions and working with wordplay. I can see you don't have much knowledge of the legal system and I know, for sure, you have never seen actual trials play out besides in maybe fictional TV shows.
"Everybody lies on their financial statements" NOT true. I never want to deal with any legal or financial issues so I tell the IRS and other government entities about everything. I just did my taxes this year and gave the state of Wisconsin three extra dollars because I took home $50 worth of souvenirs from Oregon which doesn't have a sales tax. I figure it's best to be honest and live my life knowing I played by the rules and should have a defense against any BS than be dishonest and live my life waiting for my actions to bite me.
I worked closely with Las Vegas resort owners and developers in upper management for a couple decades. The majority of these guys were just like Trump, grandiose and eager to overvalue EVERYTHING. They run casinos that handle hundreds of millions of dollars every week, they just don't live in the real world when it comes to "normal" thinking about cash and true value of real estate holdings. Trumplethinskin acts like every property he owns or controls has slot machines and table games spewing untraceable cash like in the old days of Las Vegas and Atlantic City. This guy managed to bankrupt a cash-rich casino by syphoning off the income and stiffing people as small as a piano seller, why are we surprised there's nothing close to the truth in his financial reports? He would have done better staying in Nevada, where there actually is ridiculous return on investment per square foot - especially when it's filled with $5 slot machines.
have you ever seen the 1996 movie Mars Attacks? Jack Nicholson plays a Vegas Property Developer AND the President - as an allusion to Dr. Strangelove with Peter Sellers in multiple roles. reality tv
Trump is so egregiously corrupt in his business practices that the Nevada Gaming Commission refused to give him a casino license for his property in Las Vegas. Think about that for a second, with all the corruption that goes on in Vegas the Gaming Commission look at his businesses and said NO THANKS we don't want any part of that! And many of the people defending Trump are using the childish defense that "everybody else does it". Which is probably true but most of them don't go on national TV and brag about it in interviews over and over again. Trump has made it so egregiously obvious that his business practices are fraudulent that to not punish him would appear to be corruption. He literally forced the legal system to go after him in order to maintain it's own appearance of legitimacy.
Great video. Thanks for posting it. There's a minor editing error: The section from 13:50 to 14:10 repeats--it looks like two different takes of the same passage, one with the main camera view and the second with art.
![Lp. Сердце Вселенной #60 РОЖДЕНИЕ ЛОЛОЛОШКИ [Финал] • Майнкрафт](http://i.ytimg.com/vi/YoR0pAV9FVQ/mqdefault.jpg)
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"Is this the end of the Trump empire?" From your lips to God's ears, sir.
The governor just admitted it's politically motivated and the Democrats are authorian Dictators
@@rose_and_thornsit's end of our free country. And ebd of New York
Trump should not be on this page
Trump shouldn't be in society.
Gotta love the legal defense of "Well, we broke the law this time and nothing bad happened, so it's perfectly fine." Same kind of claim every drunk driver makes "I've been drinking and driving for years and never caused an accident". That doesn't matter, since the next time you could cause an issue due to breaking the law.
Who broke the law it was the banks who assest the property value and. Were paid more then what they loaned him
@@osmosisjones4912 Trump and his company. Among other things, hey overvalued their financial assets to banks, allowing them to gain more favorable interest rates. Say it's a 1 million dollar loan, if you claim to have more income / assets than you actually have the bank may offer a better interest rate, say a change from 1% APY instead of 2% APY paid over the same time period. The bank makes less on that load, and take more risk than they agreed to due to being lied to about the assets of the person seeking the loan. That loss of income may prevent others who don't lie about their assets to not receive a loan or the bank to even go out of business, due to lending in a way they wouldn't have if they knew the actual facts going in.
Also, the banks generally don't assess the entire assets of someone, just what they're going to use that money for. They rely on the statements of the person seeking the money to be accurate, and are signed as being accurate under threat of lawsuits and criminal convictions.
Hi Patrick. You seem like a thoughtful person. If I asked you the value of your home and you gave me a number, how would you feel if a crooked judge fined you millions of dollars because your number is deemed to be "wrong"? Doesn't matter how hard you tried to accurately give the value, if it's off by any amount from the judge's idea of the value, you'd be on the hook for "fraud", right? Does that sound like fairness and justice to you?
@@osmosisjones4912 So tax fraud is totally ok too huh? White-collar crimes exist, even if 99% of the population never has the means to pull them off. If this was a valid defense, I *think* that *maybe* Trump's defense would have mentioned it, don't you?
@@brandyraccoon1473It's not the judge who determined the value of any of the properties though
By their own sworn testimony the Trump family poses the worst collective memory this side of an NFL retirement home.
Brutal.
That is the kind of dark humor I really enjoy.
Brutal - but fair.
Spot on😅
Dang, this one got a good chuckle out of me
It's just hard to believe. Trump scowled, gave irrelevant speeches, even insulted the judge and his staff but he lost anyway. Sad!
He did say he was sick of winning.
While I personally believe this was politically motivated and that there are tons of fraudsters who need to get their day in court but aren't in the spotlight, I also think it's a good thing. Having a fraudster as president who uses their political clout in furtherance of fraud is unacceptable morally. Becoming a divisice political figure when you have so many skeletons in the closet that can be used against you is just fooling around and finding out.
you forgot the all caps on "sad!"
@@mw66683no actually I wouldn’t. I especially wouldn’t make up lies about the judge
How would you feel if your fate was decided before the trial even began? Wouldn't you be pissed off as well?
I almost laughed out loud at the video of Trump saying his expert witness called the financial statement the “greatest ever”. My dude, only one person in the country talks like that.
Trump really thinks he does some kind of jedi mind trick on everyone he interacts with. Not entirely unreasonable perhaps, the trick is called "bribery"
Stunning the amount of blatant rich-people crimes you can do and you don't go to jail, just get financial penalties at worst.
Penalties from the money you stole. Having to give it back is not a punishment--that should be the bare minimum.
9% is interesting because the banks would %1000 have a higher interest rate than that. Much much higher if we considered this money the same as late payments.
Elizabeth Holmes didn't even get this kind of justice.
The lack of penalties and punishment for white collar crimes is appalling to me since we know the economic impact can push other, legitimate companies out of business and leave people destitute.
Good ol’ boys club! Madoff was busted because he defrauded the rich!
And that only because he broke the Golden Rule of Capitalism: "Defraud to thine heart's content, but thou shalt never defraud anybody richer than thee."
He'll never be charged for the millions of workers and tenants he's defrauded over the decades.
jail and taxes are for poor people.
As a lawyer, would you advise your client not publicly call a judge who just found you guilty "crooked" ? Asking for a drug addicted senior citizen who keeps claiming he's a billionaire after declaring bankruptcy 5 times.
Only 5 times?
To be fair, he doesn't listen to his lawyers. He also can't get good lawyers because he doesn't listen to them and doesn't pay his bills.
@@particle_wave7614the point is he sucks at everything he does and its sad that anyone looks up to that rapist
His business declared bankruptcy not him theres a difference
As a normal slave, sure. In case of Trump, he has no need to fear obviously corrupt judges as that one.
Of course in the end the whole US system is sheer corruption and rotten to the core anyway.
No one said "This is one of the greatest financial statements I have ever witnessed before". Every time he says something like that, he's lying. Remember when he said the doctors couldn't believe how smart he was for passing a cognitive test? The test that shows if you have basic cognitive function.
It's astonishing that the only time I've ever heard of a person saying "this is the greatest X of all time" it's always Trump claiming someone said it about something regarding him. I've literally never heard the phrase used by anyone in any other context out of videogame opinions.
The idea of some accountant saying it about some balance sheet they had to look at is as hilarious as it is frustrating people seem to believe him.
Honestly: I would be surprised too that Trump passed a basic cognitive test.
That’s a bit out-of-character for him.
@@TaliesinMyrddinsimilar to the ‘perfect phone call’
@@Wizz15 The fact he keeps calling the basic tests he's given "super hard" and other such superlatives speaks volumes.
It is really important to always keep in mind, when the thing in question has a pass/fail where pass result is perfect and 90~99% of people are expected to pass then an astonishing result is a spectacular failure.
That would be things like financal statements, Tax statements, cognitive tests, modern (medical) IQ tests etc.
15:46 Just stood there infront of cameras committing more fraud. If the properties are worth MORE than the court is claiming, and you made financial statements for tax purposes saying they were already UNDER the values the court is claiming, then your fraud is even LARGER.
What an idiot, he doesn't even realise what he's saying...
he knows what he is saying. Exactly what his broke supporters want to hear, that way they will send him more money.
IRS: so you're saying the properties are worth more? please go on. Pay no attention to the microphone and the scribe frantically writing what you're saying onto your next audit documentation
Trump lies to give the impression he is in control of a given situation. Its mostly for his drones who will take him at his word. Like everyday Trump would claim he is winning the court case while complaining how the crooked court was out to get him.
Truly amazing.
He has you in your head. He’s winning. Don’t let him
The thing I want to point out is that this family could sell all of their property at half market value and still see dozens, maybe hundreds of times more wealth in one go than most families see in multiple generations of lifetimes. And yet they're committing all these lies to try and get even more. Absolutely disgusting people.
They still owe money on them so they can't actually do that he still has loans out so he sells them they gonna take back what he owes them, and he get far less so he can't be selling them for half value when he still owes cash on them sigh. That is the issue if he didn't lie on these loan applications he would paid so mucn interest on them he would have sold off more property then he has. He would have way less to his name. Its because these loans low interest rates that is doing ok but still got kicked off forbes list lol
The simple fact that each day this judgement accrues $87,500 in interest. That alone is more wealth than the vast majority of people see in a year, per day.
@@MrTheAngryLlamathat's an awesome fact I'm happy to learn today. The interest part, not the fact $87k is an unrealistically great salary expectation for a huge part of America
What do you mean, disgusting? It's great cash, great buildings, great everything 😀
American nobility. If you're born into it, you can never be removed from it. If you're hired into it, you can also never be removed from it.
Look up any list of "worst CEOs of all time." The only person on those lists who didn't get hired as an executive for another company after running theirs into the ground is the one who died in prison: Bernie Madoff.
Can we appreciate the irony of Trump calling the judge crooked for calling Trump out on his blatant lying, cheating, and deceit? I’m pretty sure advocating for transparent documentation is the opposite of being crooked. Then again, it’s the only insult he seems to have at his disposal. I wonder if he’s projecting?
What lying is that?
that is part of his formula, if he says someone is doing something wrong it is he who is doing whatever it is.
The fact that he was trying to make libel laws more broader to be able to sue new media because "they were defaming him" makes your claim of projecting correctly made as the only thing he's done is defame everyone around him
@@timl9724 About how much his properties were worth.
8th amendment states excessive bail shall not be required, nor excessive fines imposed. But you’re okay with it because orange man bad.
"everyone does it!"
Uhh, should we be investigating more people?
Maybe the New York real estate industry is deeply corrupt! Perhaps some audits are in order. I think we should fund the IRS!
Business is a negotiation. That's the literal point. Of course the finance cartels don't like negotiating, which is why they can push this kind of sham through a court of "law". When people say "everyone does it", that's what valuation is all about, a negotiation, which is not a crime. Of course, moronic socialists are easily manipulated into going along with the idea that everything has a fixed price. Thus the cartels manipulate socialists into their global scams. It's pathetic really.
Probably.
You mean to tell me that an industry built around making basic necessities harder to obtain has a corruption problem? What will they think of next?@@TheAsvarduilProject
Absolutely.
"One of the greatest financial statements I have ever seen before"
WTF does that even mean?
Yeah, I believe financial statements are not supposed to be "great". :)
Beautiful monies
Business… Business! Business!!!
I am the healthiest president in American history. What about that folks? I will make the greatest business deal ever dealt in dimensional history.
If he repeated "unburdening what has been" over and over be better?
Just remember, to a cult all forms of consequences are just proof that they are right
You see it a lot lately with sovcits but yes. It is very much cult ideology.
Not to a cult leader it's not.. that's why they feel the need to wipe out the whole cult when they realize the con is nearing it end. That's why they don't usually go alone when they get desperate and start making coolaid..
That's a wonderful take to all of this. Perfect comparison.
My aunt is a brainwashed Trumper, and it is horrifying.
She stills believes those 2 poor black lady's was really passing a USB port and that they were frauding the election. No matter what evidence, I or anyone else try to show her she won't listen.
Their delusions aren't relevant.
You mean like pelosi now claiming it's Russia all over again even though that was thoroughly debunked?
A "perfect company" doesn't suddenly start losing money when a court-appointer overseer is appointed.
unless the court that appointed them is corrupt, and the overseer is also corrupt. we can't produce any logic or evidence that won't just be further evidence to his fans that he's being persecuted.
His "brand value" is now negative. According to Business Insider, "Condominiums in Manhattan branded with the name of former President Donald Trump are selling for far less than buildings that have removed his branding."
@@zubetp Yawn and the system is out to get him, and aliens are behind it all or something about floride sigh. How can overseer hurt him minus making him have to prove his financials? HE stopped filing fishy shit after she got appointed lol. She didn't force him to stop doing anything he was not stupid and went "oh shit we can't do that now!" And had to stop all the shady shit lol.
@@zubetp lol, no, if holding a company to ethical requirements under NY causes you to lose money the issue is the company.
@@erikanders3343he's saying that fans will make those excuses
You rarely hear about this kind of fraud, and penalties, because, when caught, most people cut a deal and pay up.
@@josephfrizzell6451
He is doing this intentionally.
He knows that he won’t be paying this from his pocket, his supporters will donate money.
He wants to use this to convince his supporters that he is the victim.
And convince his supporters that “swamp” is doing everything they can to prevent him from running for president.
That’s his plan.
Trump speaks like a dumb person, but he knows how to play the game.
I am not supporting him, but he knows how to play with emotions of his supporters.
@@josephfrizzell6451 That's because he never really cared about winning the case. He's using it as part of his campaign, pitching himself to the rest of the country as the only honest person who can fight the corruption shown by the courts and current government. He's obviously lying, but with every case brought against him, he gets to play the victim card and polling in favor of him goes up. He knows exactly what he's doing.
You rarely hear about it because the media is in the pockets of the rich. CNN and Fox are on two sides of the same coin. Why do you think Bernie got absolutely smacked down by both news outlets? It's because his policies would've pushed the economy in favour of the worker to some degree
@@josephfrizzell6451 From a political standpoint Trump has to double and triple and quadruple down on this because if he admitted to the crimes hes committed even if it lessens to sentencing it would kill him politically. Thats why he still denies the SA hes committed no matter how many millions he pays
You rarely hear about it because it's rarely ever actually punished unless the city is effectively trying to use it as a weapon against the specific person which is exactly what happened
Also, if you falsify your documents and an honest person does not; you would be more likely to get the loan than the honest person. Investors deserve to know who is truly more valuable.
This took me like 4 reads to understand
"No victim, no crime", the latest rallying cry from the people who brought us "not deporting non-violent illegal immigrants is an impeachable offence".
Sideshow Bob: "Attempted murder? What is that? Do they give out a Nobel Prize for attempted chemistry?!"
@@OrangeHand Actually.... Yes? There have been awards for theoretical papers and discoveries.
Nelson Muntz: "It's a victimless crime, like punching somebody in the dark." 😂
The same people who want to keep "possessing 1/4 gram of weed" a serious crime, yeah.
@@watchm4ker Sideshow Bob was ahead of its time...
Being the poster-boy for rich scumbags for decades is finally catching up with him
If only...... Hope you are right
I doubt he'll end up paying any of this with his own money. He's also going to be the president again. Teflon Don may be a total charlatan, but he always gets away with it.
"You don't begin with the number you want and then manipulate the assets to reach the valuation you're looking for."
This is *exactly* the thought process that was behind him making the call to the Georgia SecState to find him 11780 votes.
There is SOME flexibility in terms of valuations of most assets. But ... Once you do that you're stuck with it. Can't alternate them year by year, or report a lower number to taxes than potential creditors.
Are you implying that you knew exactly what Trump was thinking and his exact intentions?
@@ccshredder9506 I’m implying nothing. Trump wanted to win, so despite the reality he’d lost, he wanted those votes, regardless of what it took, legal or otherwise (and, in this case, there’s no “legal” way to overturn votes). So, he operated from a position of a number he wanted, then tried to force his will/desire through illegal means. I hope this clarifies his thoughts process.
@Vulcanerd it doesn't. You didn't explain what he meant by "finding". Also, a recount could've been within the rightful ways of making sure as well.
@@ccshredder9506 Have it your way. Obtuse gonna obtuse, I see.
"This is one of the greatest financial statements I've ever seen before" no accountant in the history of forever would say something like this.
I laughed when he said that.
@@ktksoccerstar5 I did too.
No *reasonable* accountant. ;)
On today's edition of "Conversations That Only Happened In Donald Trump's head"...
_It was a big accountant, strong accountant. A real accountant's accountant. He had tears in his eyes and called Trump "sir" when he came up to him. He had stood on a hill of paper and led other accountants into battle, many died of paper cuts, dropping like rejected fake business lunch receipts left and right - but Trump's financial statement was the bravest he had ever seen._
Is it so hard to believe that a Trump fanboy would say something like that to Trump?
If a regular citizen committed $20,000 of fraud they'd be in prison, but since it's a corporation they get fined. No justice.
Because you can't throw the entire corporation in prison.
You would have to figure out who did it, as 99% of employees likely had 0 involvement, at which point the corporation is no longer at fault rather the individual. This is the advantage of working as a group, innocents become a shield.
@@Dragoonsoul7878 So throw the shareholders and executives in there.
No, you can't imprison a Corporation ...but the State can/should seize it & its Assets and either sell the business/es to attain restitution or operate it & use profits to benefit the state/people ...to make Restitution. Forfeiture of Assets to value of Judgement should be matter of Course in these types of cases with a further Penalty of Punitive Damages.
@@Dragoonsoul7878 Directors have a legal liability for certain unlawful acts - having a company does not 'shield' certain individuals from facing criminal prosecution - study the law before making uninformed comments please.
I mean if this was a small business they'd be under the same level of scrutiny. Only like, the top 5% of American companies get to pull this kinda bullcrap as they can afford to pay for the good accountants and consultants who know their way around tax law, and can also afford to pay lobbyists to make the laws to suit them.
I've been amazed at the "investors" who are screaming about how this might affect them. If they're all committing fraud, I hope it *does* affect them. After all, their behaviors have an impact on everyone in NY, especially when that fraud allows them to avoid paying taxes that would be used for the people of the state of NY. It's bad enough that tax systems are set up to allow so many deductions that they don't have to pay anywhere near the proportional equivalent of a middle-class worker's income. The middle-class worker is often forced to economize and live paycheck-to-paycheck whereas the high-income people don't have such worries.
I love how some of them said "fraud is a victimless crime"
You really think that money is getting spent on New Yorkers??
It's because trump did exactly what every other developer does for building a project or building.....Trump getting singled out and fined is the only difference. This is how it's done in every city in North America
@TheRadyckal Yeah, but that's not remotely a valid defense. It's like saying you shouldn't be punished for rioting and property damage I participated in just because everyone around you was doing it and some got away with it.
@@h8GW I'm still trying to figure out who he defrauded. And what formula was used to come up with that fine? If anything, inflated real estate values could only lead to more taxes paid. It's fine if you don't like trump but don't pretend this is about justice. Justice for whom? This is about draining his bank account so he can't run, which isn't going to work anyway.
I love your channel, as British farmer I have no experience with any legal systems.
However your balance between explaining legal complexities and still keeping your content approachable to layman and formulating a compelling narrative is fantastic. Keep up the good work.
I’m a property owner. If I tried this shit in my taxes, I’d be in jail. And my banks and insurance companies would dump me like a truly smelly pair of sneakers, with penalties
actually no the apraisal would say your wrong you would not be in jail and would not get the apraisal you wanted lmao thats it you dont decide the aprasal trump didnt decide it lmao why this is so absurd
your house would be foreclosed or the state would seize your property. There's always been Law for the Poor ...and a Sliding Door for the Rich.
@@mercury13Right, that's why a judge tests Trump's case against the law and decides that Trump, who reported the values (so yes, he did decide those numbers), is guilty.
Or as you'd put it, "acrtually no the apraisal wuz dun by trump lmao your wrong you would get fined lmao that it you dont decide you dont get fined lmao why this is so absurd"
@@Melesniannon no you cant do that i can say my car is worth 50,000 i can sell it for that uch you buy it its not fraud lmao you just got ripped off which most people do get ripped of daily in stors without comparing prices.. you sayig he id desnt make it so. the judge wouldnt allow the apraisers to testify it was summary judgement not a trial
@@mercury13 You clearly don't know anything about this. Ignoring the issue of thinking you can rip people off without legal consequences, you are not a bank. Are you capable of understanding that? Finance laws to secure loans aren't the same as a personal sale.
Also I did not mention the word 'trial' but it in fact was a trial. They did that entire evidence and testimony spiel, you know, the thing that trials consist of. Want to know the best part? Defense council asked for summary judgment but it was denied. Remember whom they were representing? You get a gold star if you can mention the name of the defendant. Two gold stars if you can do it using a sentence that includes capital letters and punctuation.
Will Trump ever learn that "I reject reality and substitute my own!" doesn't hold up in court...? Place your bets...
Nope. He's a sociopath. He doesn't believe any reality but his own applies unless forced to.
Why should he? It's still working for him He is still a probable Presidential nominee. In a rational world this COULD NOT be happening.
I think he knows it doesn’t work, but he also knows it might still work in our next election. And if the election works, he has the power to make court rulings go away…so it might still be able to overrule the courts.
@@elizabethsohler6516exactly! i've been saying this! why on earth would he ever question how he operates? it's only ever brought him exponential rewards.
Absolutely not. He's too stubborn and too deranged to learn to behave at this point, at least not without being stripped of everything he owns. Which it looks like the courts are systematically doing, so I'd give it a .00001% chance of happening.
My favorite part of this whole thing is definitely all the other business mogels and millionaires going on TV everywhere being like, "Everyone does this. What? You don't want any business done in NY?" They just have been nonstop admitting that they all are crooks who think they can get away because they're elites and think threatening the investigators is a good idea. I do hope every last one of them are investigated.
Me too, honestly. Might actually get rent down to a reasonable level for once.
No the point is what trump did in his case was that it isn't illegal but because it was trump he is guilty hell the governor of New York admitted this
On what, Fox Business? Most everybody looked at Trump's "defense" and went, "this is why we settle this shit". Normally people get busted for doing 10% inflation and deflation, which is arguable. Trump did 500% overvalue and 200% undervalue.
@@simoncohen9323 ... That is not how it works. It is illegal. Hell, you even have the broken laws pointed out for you in this very same videos. If it wasn't illegal he can just appeal and maybe even get the judge expelled for it.
@@simoncohen9323Everything Trump did was illegal.
Your tax filings have to match your investor reports, your assets have to physically be there and in the state you claimed them to be, your profits have to match your bank accounts.
This is law in all 50 states and has been law long before the colonies won the war for independance.
What is a miracle for Trump is that these laws no longer carry a corpral punishment, within my lifetime there where buisnessmen who face the death sentince for his behaviour.
And dont even get me started on his over-leveraging of his assets. That man litterally took out so many loans against his properties in such short order that the banks could not default him because they would see an almost 100% loss. Thats how Trump became a "Billionare" he took out more then a billion in loans against properties that where not worth a hundred million.
Thats beyond illegal. He's called Teflon Don because his fraud *USED* to be too large to prosicute.
Now we have trade sactions against Russia where most of his bank debt is held.
IRS should be taking notes about every single person who defends this by saying "everyone cheats their financial statements"
You get an audit. You get an audit. Everybody gets an audit!
Right???
Like the bald guy from shark tank
Lots of subpoenas to UA-cam, to get names, on that one. Also, there’s a good chance they subpo people who aren’t Americans. That’s international trouble, waiting to happen.
Also, remember that UA-cam doesn’t have a single non-executive, who speaks competent English.
Time for every citizen to go behind bars...
Anytime I hear Trump talking during his trial I just think to Shrek 2 with donkey and Shrek in jail….
Donkey: “Nobody told me you have the right to remain silent!! You’re supposed to say you have the right to remain silent!!”
Shrek: “Donkey, you HAVE the right to remain silent. What you lack is the capacity”
And that bit in Shrek was pretty much word for word taken from Ron White's stand-up routine.
@@ElectroDFWare you Ron “‘TaterSalad” White?
“You got me, you got the ‘tater”
The irony is that being silent doesn't invoke your right to remain silent, you actually have to speak to invoke your right to remain silent.
@@ElectroDFW It's not exactly so unique no one else could have thought of it independently....
Lmao! That's some good writing right there!!
'Great cash, great buildings, great everything'
Another classic line for the vault
Words of a true business genius
It always amazes me how he talks like a parody of himself. "Great financial statements, the best financial statements the world has ever seen" is something I would absolutely say if I was trying to parody him.
Here is a better one . . . . NOT GUILTY!!!!!
It's scary how much people still support this man, with the gofundme already raising a million dollars to help pay the judgment against him.
Maybe judges shouldn't say a 17 acre property is is worth 18 million when 2 acre land in the same area is going for 10 times that
Is that the full extent of your argument? Because if so, you are missing a comically large amount of context.
EDIT: I meant @simoncohen9323
There is no context where this man should be supported. @@LyritZian
@@LyritZian 91 felonies
@@LyritZian what argument? I'm just stating a fact.
Mar-A-Lago is the most expensive property in the United States. The Department of Defense Documents hidden in the false wall by the breakfast nook alone are worth billions of dollars. Donald Jr.s stash of pure Chilean yayo
add another five million to the property.
You had me in the first half, not gonna lie
Youre really going to talk about a presidents son doing coke… really?
@@1985wolfman There is enough coke for multiple president's sons.
@@rollinlikebuer9059 And a president who was also a president's son.
Trump is like that mobster who tells someone to "take this guy out" and when he gets arrested for soliciting murder, he says, "I meant for ice cream!"
LOL 🤣
That sound like projection. I wonder what you might have to hide.
@@timl9724your mom doesn't like you
@@timl9724 I dont think you understand how projection works
@@timl9724He watched old Mob movies.
Thats what he has to hide.
Grow up
"If you have defrauded the state of New York for decades, you are going to need a good lawyer." Now, THERE is advice Donald could have used 6 months ago.
He can't get any good lawyers because no one with a reputation to protect will touch him with a ten foot pole
Should have hired the Eagle Team 🦅
And here I thought LegalEagle was an actor. You know, starred in A Quiet Place, The Office, Jack Ryan, and he's married to Emily Blunt... (joking, obviously)
@@iamcarlosamaya I don't think the Eagle team takes on lost causes, or clients known to skip on their bills...
He had some good lawyers in this case, but ultimately there is only so much hand wawing and pollishing the turd you can do
Can’t wait for the next trial, where Trump demands to be allowed to run for the Consulship in absentia, so he doesn’t have to leave Gaul of course.
Nobody sees her till Julius Caesar
Julias Ceaser was a vain tyrant, but he was also a skilled general, politically savvy and loved his country, even if he hated the conservative political elite running the Republic. Trump is a trust fund opportunist dealing in grievance politics who couldn't govern his way out of a paper bag.
@@stevecausey545 Ah yes: vidi vici veni
What could go wrong?
2025: Caesar crosses the mississippi and marches on DC
You know your trial hasn't gone well for you when the court records make fun of the arguments your defense used
Overturned and the lawyer prosecuting Trump may very well face sanctions. Super saddy face for you! :(
He who laughs last, laughs best 😆🤣🙃. Trump is headed for the White House and this case is guaranteed to be overturned. Turns out that you have to apply the law properly, and uppity Letitia James didn't. She'll be lucky if she keeps her law license.
"For having built a perfect company"
Despite the fact that you went bankrupt multiple times? A good businessman wouldn't have gone bankrupt ONCE. Yeah, did people forget that little gem of info?
His casinos went bankrupt, not his real estate business.
@@MisakaMikotoDesu It's said that he himself declared bankruptcy before too... which is why he went to his father for that "small loan of a million dollars" before.
But even still, having a business go bankrupt more than once doesn't look good.
@@SundayPancakeBreakfasthe's not handsome, not going to be president ever again, and is at this moment scamming people like you by selling you cheap sneakers for $400 to get you to pay his fines. Some of you are throwing money at him with a gofundme even.
He's not president though @@SundayPancakeBreakfast
To be fair, they do know. They just seem to think the bankruptcies make him a good businessman.
As an educated layperson, I sincerely miss the days when I didn't need a legal breakdowns of current events. But I am thankful to have @LegalEagle as a resource during these bizarre legal days. Keep up the good work, even more challenging days lie ahead. (Alabama, WTF?!)
Man even as a lawyer I'm still stunned by what is going on. Like, sometimes I'll speak to colleagues and ask their thoughts cause I just assume that I'm missing something and there's no way this many people could be this stupid and do this much illegal shit this badly. But every time, yep, they are in fact this stupid.
@@crossyy5 what's the term for the going crazy equivalent of second hand embarrassment? Second hand insanity?
Most telling is that Creepy Daddy's #1 Girl had "no memory" of any criminality...until she was forcefully reminded of her own culpability.
If you think of all four of them - dump, dump jr, eric the terminally stoopid, and ivanka, it's hard to think who'd win a race to the bottom. I think it would be a 4-way tie.
@@demophys4883 I wonder if Jr and Hunter have the same dealer
@@skeletonbuyingpealts7134let it go dude. NOBODY actually cares about Hunter
@@TheModdedwarfare3 Why? It's hypocrisy. It's necessary to hate the government to be a patriot.
@@skeletonbuyingpealts7134 when Hunter gets hired to work in our government I'll give a crap about him.... until then he's no different than 1000s of current or former drug addicts in every city in the country
I hate how Trump is "allowed" to straight up lie about what happened in court and attack the judge. Trump feels like he's "overly persecuted" when he's given the lightest of wrist slaps all the time while doing horrible things.
1, credible sources who say Trump lies some who hasn't been proven a pathological liar
Yes he usually lies in court but this case was a absolute joke and the entire case shouldn't have existed
In other words, you hate free speech.
They really ought to have these trials televised... Then again, his cultists wouldn't care. They'll trust the habitual liar over their own "lying eyes". :(
Hu? The judged is absolutely corrupt, he even admit to it openly, what you simply ignore.
What Trump did was just using what is the standard in your system and there wasn't even any damage done by it.
The whole show is just standard fascism and getting rid of a political rival.
That your system is corrupt and criminal in every way is system immanent. And you vote for that all the time. Not that you have much of a choice, since only got one oligarchic party that puts up a show to be two.
I can't believe that "everyone does it" didn't prove a good defence.
it's showing the double standard
many, many many other investors are doing the EXACT same thing
but they are ONLY going after Trump for it
if Trump was a democrat there is no way he'd be charged by the D.A. in New York
@@OsamaBinLooney🤥
Also like 95% of leftists would be perfectly happy to see everyone committing white collar crimes to be charged. Normal people don't worship politicians like you do. The GOP has been trying to indict Biden for years without evidence so it isn't like they are innocent and playing above board
@OsamaBinLooney You have to start somewhere. By your logic, we shouldn't prosecute any of them because someone would be the first.
@@thejuridicalbear147 it's not about starting somewhere, he wasn't the first or last one to do it and they haven't charged or even TALKED about charging anyone else
@@OsamaBinLooneyBernie Madoff was a Democrat donor.
Sam Bankman-Fried donated millions to Joe Biden’s 2020 campaign.
It’s almost like financial fraud is financial fraud, regardless of your political allegiance.
I really love how the Trump people are so Law & Order but when it comes to Trump, Law & Order is not even an issue
Do as I say, not as I do 🤦♂️
I've never heard anyone conflate Law and Order as compatable if they indeed cared about either.
Law IS chaos, Order is the courts and honestly natural random action without constraints; its a mathmatic fact.
Claiming for both is clammering for authoritarian dictatorship and boots on necks
I've never heard anyone conflate Law and Order as compatable if they indeed cared about either.
Law IS chaos, Order is the courts and honestly natural random action without constraints; its a mathmatic fact.
Claiming for both is clammering for authoritarian dictatorship and boots on necks
Can't apply mortal rules to a living god
You clearly don't understand that what occurred is corrupt as all hell. What they're going after Trump for is what real estate people everywhere do. Even the bank that the judge is claiming the fraud occurred against testified that no fraud occurred, that due to the deal they made 600million dollars and would like to work with Trump again.
Okay, so, slightly irrelevant question- if Trump had to foreclose Trump Tower in order to pay off his debts, would Spirit Halloween be able to set up in there?
That would be hilarious.
I know it will absolutely send Matt Walsh and LibsofTikTok into a delicious indecisive frenzy since that's like Mount Olympus to those guys.@@ianmiller6040
Please please. And they only sell Hillary or Dark Brandon costumes
damn, that'd legit be a great haunted house though. Haunted with the spirit of democracy dead and gone.
@@zyebormlol imagine if it was like a “Tower of Terror” vibe like that one ride at Disney
I can't watch Trump talk without seeing an invisible accordion in his hands....
me when he does that dumb YMCA dance
*an invisible, TINY accordion.
@@BKKfreakaww come on man. That squeezebox is YUGE.
If it's invisible, how can you see it? O.o
@@chasethomas9238 Just a fellow Stand user, nothing out of ordinary.
if the average person did a FRACTION of what trump did, they'd get decades in jail at the least. i hate that he's getting off so easily
*cough* Biden *cough*
@kosumdohchi7356 Oh yeah, let's review the key evidence in the Biden impeachment, shall we?
What's that? The informant was arrested for lying? And admitted to being in contact with Russian intelligence?
Shock! Horror!
Anyway. All your whataboutism is doing is making the claim that both Trump and Biden should be investigated and potentially barred from the Presidency. You're not absolving Trump by trying to claim someone else is doing the same thing.
@@slashkeystudio how much did Biden defraud the state of New York by?
@@slashkeystudio as a high office politician yes, i'm sure he's corrupt as well. ive just no idea as in how.
That says more about the "justice" system than it does Trump.
No way, Trump's reckless ignorance of the law and his lawyers' incompetence caused him to lose another trial? Who could've seen this coming.
Show trials aren't meant to be won by the accused.
@@timl9724 Define show trial.
If it was a show trial, why did he receive the most lenient possible punishment?@@timl9724
@@bigchungus6827 Show trial: where the facts show that the defendant is guilty, I guess
Show trial? You must be one of his cultists. The facts showed he was guilty. He over valued when he wanted loans and undervalued for taxes, on the same property. But as always the law and order party would never trial one of their own, or corruption in other words.
"Everyone does it, so it's OK."
Said every drug trafficker trying to get off...
And every idiot with unpaid parking, and speeding tickets. Oh and every person at DUI hearing lol
"A thief believes everybody steals."
I actually don't think this excuse has even been used outside of white collar crime. Every drug trafficker knows they go in when they get caught.
@@pineconesnowstorm That is a great comment. I'm stealing it.
Everyone does it precisely because it is NOT a crime, as the appellate court is going to make very clear when they overturn it while he heads to the White House as your President. Sucks to be a loser, doesn't it 😆🤣🙃
"It's a victimless crime!"
Literally any prosecutor in America, "So there was a crime."
"It's a victimless crime, like punching someone in the dark"
Then every realtor in America is done.
@@Klongu_Da_Bongu And? Is that a problem?
I'm so frustrated by the Courts constantly refusing to break up harmful, corrupt companies because of the "harm it will do to workers and the economy". It just incentives companies to continue making profits through fraud.
As if the harm it does to the people who work at corrupt companies doesn't matter, companies who can get away with abusive behavior to employees and clients alike, let alone damaging other businesses and the entire law system by their flagrant disregard. All of that is irrelevant somehow.
@@malificusalbert Exactly! As if fraudulent companies typically pay their employees fair wages and don't partake in crummy business practices that harm mom and pop businesses!
Proverty is disturbing u that why u ave no sense jimmy
@@popemorah7449 can’t take your argument seriously at all, not only can you not spell properly, But your saying something bad about roughly 75% of the population of America, may be less or more not entirely sure. Unless it’s of course sarcasm.
Man imagine if everyone received a basic living wage from the government so that if companies were broken up or dissolved and people lost their jobs it wouldn't be a big deal because they'd still have enough to put food on the table and pay their mortgage/rent etc. That would be wild! Then the whole "it would hurt the workers and economy!" argument wouldn't have a leg to stand on! Too bad we can't have that because reasons.
This case is literally Trump telling different entities completely different evaluations of the same one property, many times. On purpose.
He shouldn't qualify for another loan ever again.
Even a small loan of a million dollars?
@@GamerGrovylewell surely such a small and reasonable loan could be permitted ,😂
I really don't understand why people continue to work for him as lawyers, and why banks continue to give him loans. He's demonstrated, dozens of times, that he cannot be trusted with either of those things.
@@cedricappleby2006Banks do business with him because they view it as profitable. If it wasn’t why would they?
As for lawyers, should everyone not have adequate legal council?
@@cedricappleby2006 The only lawyers left working with him these days are completely bonkers and hoping for their fifteen minutes of fame that they can spin into money.
I wish the government would seize the Old Post Office and turn it into a homeless shelter. It's so nicely decorated it'll be a great atmosphere to raise the spirits of the people they bring in. :)
Trump only owned the Old Post Office for a couple of years.
Where have you been? Trump got out of the Old Post Office and sold the lease almost 2 years ago. It has been a Waldorf Astoria hotel since June 2022.
You know justice is being served when he calls someone "crooked".
Remember, every Republican accusation is actually a confession.
@@ElectroDFW I really don't like generalized statements like this, but good lord, it just keeps being true.
@@Zakuzeloyeah it can lead to anti intellectualism but it definitely rings true in this case
We got nonstop "crooked Hillary" during 2016. He was projecting hard.
Still wondering where the tax fraud charges are. It's well known that he over-valued his properties for collateral; while simultaneously under-valuing them for taxation. One of his golf courses, for example, was valued by the county it's in at $14 million. They challenged the value and got it reduced to (I believe) $7 million. Then the following year they got it reduced by a further $1 million. At the same time they were signing loan paperwork listing the value around $60 million (or something in that neighborhood) for collateral. So which is it? If they didn't do anything wrong with the valuation, they should be liable for tax fraud. I'd have that loaded and ready if I was the AG.
you seem to think he or any of his followers have an issue with saying it's both with a straight face
Tax valuations of a property are NOT the same as market value of the properties. This is well established.
Also, despite what this judge says, the disclaimer in front of the report absolutely has legal merit. "DO NOT RELY ON MY STATEMENTS OF EVALUATION, DO YOUR OWN DUE DILIGENCE" is literally telling the bank to not rely on his report (reliance being one of the 3 key, mandatory aspects of fraud). This isn't the same as some Terms of Service trying to sneak in a line like "Also, you owe us 1 million dollars for no extra reason" -- which would void the contract. This is literally his report stating do your own due diligence for figuring out the value of my assets, which a bank is wholly capable of doing, especially with famous properties like Mar-A-Lago.
Anyone thinking this case was reasonable, go read the judge's 90+ page report -- specifically near the end with his "Conclusions of Law". He states reliance isn't necessary in fraud, something every 1st year law student learns in contract law is absolutely necessary for fraud. Fraud needs intent, reliance, and detriment. A mischaracterization isn't fraud. You must know the statement is false (or a reasonable person must know). The other party must rely on your statement when making their decision. And the other party must have suffered a detriment due to this. These are the 3 key factors of fraud. Don't have 1? Don't have fraud. That's how law works. The judge, in his own decision throughout this process, said the fraud was so glaringly obvious anyone must've known. The issue is Trump is famous and his assets are famous. If he must know the valuations are wrong, a bank, who is definitely considered financially adept, knows it's wrong -- therefore they waive reliance away. (They did their own due diligence btw).
@@CanadianEhHole Trump lied about the size of the places, and did it for years. Banks don't necceseraliy have the capability to go and check that. He lied about how many stories his places was. And on top of that he lied about being able to develope Mar A Lago and could get out of the tax-break deal he made. The bank has to their own checks, but they might not be able to check all of that. They could of course take down the impossibly high sq/ft price he said the place was worth, but when he has doubled the size as well as x4 the sq/ft price, then it might be hard to determine both.
ANd all you seem to be doing here is to say that it is okay to lie to the IRS and to lie to the banks and that it should have no consequences.
Not only that, but Trump tried to claim that those that did his finances were the ones at fault, even when they could document that Trump was the one that gave the numbers, the size, how tall it was and so forth. And they had dropped him as a client because they found some of his lies.
As someone else stated here, a women was thrown in jail for overvaluing her property when getting a loan. She also paid here loans, but she got jail time for something that wasn't 1/50 the size of what Trump did.
@@CanadianEhHole "Reliance is not a requisite element of either Executive Law § 63(12) or of any of the
alleged Penal Law violations. See, e.g., People v Essner, 124 Misc 2d 830, 834 (Sup Ct, NY
County 1984) (“Reliance then is not an element of [Penal Law § 175.45 - Falsifying Business
Records]." Try reading it next time genius.
@@CanadianEhHole oh cool, I'll just write that on things then intentionally lie about everything in there sweet ethics.
Note this does not constitute agreement with your statement about the judge being wrong. Just that you're advocating on attempting as much fraud as you can get away with and using weasel words to then say it's not fraud.
If you're from the insurance company, my home is a palatial 3 storey villa.
If you are from the land rates collection office, it's a treehouse! 😎
and if you are a regular citizen, you'll be in jail by tomorrow xD
The fair market value of my home is three times the tax valuation. So, yeah, that is actually how it works!
Notice that after every trial, Trump has a new grift. His latest? $399 pair of ugly sneakers. Guess that Biden economy must not be that bad
Real
I wonder what his cut of the shoe deal is. Is it 50%? More? Less? Selling extremely overpriced gold painted sneakers that he didn't design and that have no practical function or aesthetic appeal is fitting for him.
Bro trying to slide in with the Kanye slides 💀💀💀
Yeah, and scarier still is how quickly they sold out.
I'd love to see Biden point out that the economy can't be that bad if $400 sneakers sell out in minutes.
What's wild to me is that this much evidence is needed to go to trial in the first place with Trump, but what's scary to me is that I still don't know that he's going to end up needing to pay any of this. Somehow or another, it feels like none of it will matter.
You are correct, none of it matters. It will get reversed in appeal, or there will be some trick where he pays 0.01% and the rest is forgiven. After that, he'll go on to get re-elected, despite his attempt to destroy US democracy.
He payed his other charges. And this one is worse, the eyes looking at it kinda out power trump
His brainwashed followers will mortgage their trailers and give the money to "the billionaire".
@@Siaman668 Not by legally legitimate means. "Fraud" by it's definition has a victim. Who is the victim?
And if truckers are private contractors, given this precedent, what legal reason do they lack for no longer wishing to do business with New York?
@@QuartuvLarry my guy, you can’t just lie about your financials. He is very lucky he didn’t lose money during it. He’s investors we’re essentially being lied and actively lying about the worth of his businesses which you cannot do. These protects not just him but the people he ask money from. Now instead of being the number one trump fan, use your brain a little bit?
I’d love to value my house at $20,000 for tax purposes and then value it at $500,000 to a bank to get loans.
You can. That's perfectly fine. Do you think the bank will loan you based on your evaluations? Don't be an idiot.
This is what everyone here does not understand and this biased lawyer only argues one side of the case.
exactly my point, the rich can do what they want but the rest of us would never get away with it.@@SerErryk
Your tax evaluation is nowhere close to market value
I wish, my house is valued at about $400,000 and my tax is the same but we also get $100,000 off the top. so not sure if "nowhere close" is correct. @@joshuagarner1654
I think I have worked out Trumps tell for when he is lying.....
His lips are moving.
If he didn't run for presidency and get all that attention, I really doubt any of these civil liabilities would be revealed. Lots of rich criminals don't draw attention to them selves.
Yep it's political persecution and he never committed fraud in the first place. That's what you get when you vote for authoritarian socialists.
Ttump has proven to be congenitally incapable of not drawing attention to himself and his crimes
Objectively incorrect.
He committed fraud.
@@rileysmall4317
Smart criminals keep their mouth's shut and IF they get caught they force the courts to prove literally everything. This jackass is getting on live T.V bragging about how he should have done more
Are you agreeing that this case is politically motivated?
Could you guys please do a video about the Alabama court ruling that embryos are children and some of the downstream effects this may have?
For instance:
-- Do embroys now have to be counted in the census?
-- Do embryos frozen for more than 18 years now count toward population figures in electoral districts and the electoral college?
-- Do embroys have to be accounted for in school funding?
-- Do 21 year-old newborns have the right to drink alcohol?
-- Can a pregnant woman in prison is Alabama now sue on behalf of the embryo for unlawful imprisonment?
-- Can an extended power outage now cause the deaths of millions?
-- Do embryos in Alabama now have to be stored ad infinitum if both parents die, or do they have a "reasonable exectation to be born"?
The list is nearly endless.
Opponents of slavery used to make a similar argument, saying we shouldn't do it because it poses a bunch of legal questions that seemed difficult to answer at the time. Remember the 3/5 clause?
@@SerErryk -- Please do not assume I have a "change is bad" attitude. I am genuinely interested in the ripple effects this ruling could potentially have on Alabama and the 11th circuit.
Overturning Roe v. Wade is forcing states like Alabama to actually have to provide concrete answers to real problems rather than rely on the crutch of simply being "against" the Federal laws.
In a sense, they're finally joining the conversation.
@@Grizabeebles You're correct, I was being an ass.
The far right really be out there saying stuff like “I guess it’s a crime to have friends” when being charged with conspiracy and fraud 😂
Alt right defense of trump since last years is ether "they all corrupt" or "trump said some things, have some friend" and play stupid
Define far right boy. GO!
@erichvonmanstein2568 Someone who believes that military might, corporations, and even majority ethnicity/skin color have more value than rights or democratic government.
@erichvonmanstein2568 Found the Nazi.
@@ErebosGRYou are not very bright.
I hope we get an update on this after the appeal.
I really love how the Trump people are so Law & Order but when it comes to Trump, Law & Order is not even an issue, this is literally what happens when you don't really have principles or values
YEP
You have no principles or values. And show trials are the opposite of law and order, a dangerous mockery.
@@timl9724 If it's a show trial then how did they prove that he broke the law by lying a boatload of times on his financial statements?
Admit it, you just don't want your guy to be prosecuted for his crimes.
@@timl9724 what principles or values do you or Trump have? McCain, Romney, and even Bush had... but what do you and Trump have?
Trump's impeachment trial at the senate was a show... Lindsey and others grilled him but voted for him as a show. Biden Impeachment inquiry was a show. Mayorkas' Impeachment was a show.
Trump's trials? If they were a show please give at least ONE evidence proving they are a show. Otherwise I can definitely see that you have no principles or values.
Crazy how being a comedically raging narcissist makes you a bad witness in a trial all about your misdeeds. Who'd've thunk it.
It's disgusting how such a scammer was allowed to be out of jail at all. He's been scamming since the 80's
It's disgusting how he was elected to the Presidency, but that happened too.
How is that different than what our government has been doing to us for the last 50 years?
@@victoriancu7358 What difference does that make? Scamming is wrong period. And I don't believe our government does it as consistently as Trump.
@@victoriancu7358 What does this pseudo-intellectual nonsense even mean?
@@victoriancu7358 Whataboutism. Two wrongs don't make a right
Trump doesn't pay the people who work for him, and they're trying to help him. What makes anyone think Trump is going to pay this?
EDIT: High hopes, low expectations. I'll accept Trump consequences when I actually see them.
The winners won't have to wait, hoping Trump pays the judgements - they will take his assets.
well he has no option, if he don't pay he will lose his assets, that's why you can't escape taxes
Because if he doesn't, the state will be able to seize assets by force from him to pay for that judgement. Such as Trump Tower.
They’ll get paid in sneakers
Yeah this isn't the same. He can't even appeal before putting the money up. Then if he doesn't appeal, or pay, they'll start selling his sh!t while he sleeps. 😂
His excuse of “the loans were paid in full” is like stealing something, then returning it and claiming you can’t be charged with theft because you returned the item.
I would say that's the stupidest notion you've ever came up with, but somehow I doubt it. Where there's one moronic idea, thousands more likely have passed through.
@@timl9724you really have a problem with reality don’t you?
“I didn’t steal anything! I was returning something I stole” 😂
@timl9724 you're such a dork
Sorta, but not quite, because his lies cost him a lot less interest than he would've otherwise paid. So it's more like he stole something, then returned a fraction of it. XD
"Perfect company" 🤦🙄
Don, if it were so "perfect", why'd you inflate it for loans, and undervalue it for taxes? 🤔
Trump is the living embodiment of the "how many times do we need to teach you this lesson, old man!?" meme
You are the lesson that history keeps trying to teach, but you plug your ears, yelling "nah, nah" . Who are those old men to tell you about reality anyway? Eventually, your hubris comes back to bite you, and your warnings to the next goof will likewise fall on deaf ears.
@@timl9724 Ironic you talk about plugging ears when this is all public record. Trumps fraud here is all documented and argued out in nearly 200 pages of public court documents. Rationale and justification for where he has broken the law is given. Yet people will still jump in and, plugging their ears, say 'nah, nah, this is a conspiracy'
You can teach but you can’t force him to learn
I think my favourite part is this
Trumps Def: We didn't get caught so we are not guilty.
Judge: That isn't how this this works.
More like:
Trump def: We put our best estimates there, and the bank looked into it, and already decided it was fine.
Bank: Yep, that's true, we had our own appraisal done before granting the loan. They paid back the loan, so it seems obvious it wasn't an intent to defraud.
Judge: We don't need a victim here to say a crime was committed. That's not how this works. I hate you, and I have more power than you, so victims aren't needed.
@@uigrad Which bank said that? Specifically.Also, did you catch that he paid back MUCH LESS than he would have if he'd been honest? That's called fraud. You know who's a victim if I calculate my taxes wrong? Literally nobody, but I still get penalized, because I have to obey the law.
@@uigrad 100x the real value and 3x the size is the best estimate? What about not knowing what rights to a property he has, saying he has licenses he doesn't, not knowing what share of a property he controls, or pretending that other people's assets and money belong to him.
Did you miss the part where he reversed engineered the numbers to get them where he wanted or the fact that his businesses were losing money? Seems relevant.
@@uigrad
Reality
Judge goes: you looked into it?
Corrupt banker: I mean we took his word for it, we didn't actually access any of his properties but this guys who knows Putin vouched for him when I took him in as his Private Wealth Banker so I knew he was good. I mean we never look into any my clients, its dangerous to... can we strike this from record?"
@@uigrad
I get a speeding ticket, there was no accident, should I use Trump’s defense?
No accident, no victim, no ticket.
Can I use the same defense for DUI ?
It is hilarious to me that the court officially wrote "... in what universe is..." it's like them just writing bitch pls or c'mon man be real
I think even the court is done with Trump's nonsense.
@@shadowldrago I think not it's probably just going to get worse and worse till we end like that movie idiocracy
Even more hilarious is what the appellate judges had to say while they basically signal with a neon sign that the law was abused here and the case is getting tossed. Oh, and Trump is going back to the White House 😆🤣🙃.
@JoeyP946 well they are officially forced to be done, no? Trump now has qualified immunity
I love this judge. I think he went about all this in a very smart way, including holding the business license hostage to gain compliance with other aspects of the judgment.
LOL, case is gonna be tossed and Trump wins 😆🤣🙃. I, and the majority of Americans, are relieved and filled with joy.
When the court wonders what universe you’re in, it’s best to check which universe you’re in.
Having my favorite youtube lawyer actually start to get frustrated at 23:02 was such a shock. I can't imagine how discouraging a person like trump must be for the legal profession
_"in what universe is $200,000,000 immaterial?"_
Zimbabwe, lol.
Federal government spending!
@@EarlHayward "Just print more money".
Thia is getting thrown out on appeal with the prosecution facing sanctions for trying a fraudulent case.
So according to the court numbers at 18:55 he defrauded enough money to pay my rent for 15,417 years, just to put it in perspective.
I can't stop hearing "Judge Engoron" as "Judge Angron", which amuses me. For those who are not total nerds, "Angron" is in Warhammer 40k, the Primarch of the World Eaters Legion and Demon Prince of the Blood God Khorne.
I'm getting the mental image of a large, angry, winged thing pummeling Trump into the ground with a mallet, and it makes me chuckle.
Engoron has eaten Trump's world. 😂😂😂
'Justice? There is no justice, only Blood....'
Khorne looked at Trump, Trump looked at Khorne, and Khorne said "Dude, WTF is wrong with you?"
Tzeentch shook his head and said "Even I can't follow this nonsense."
Slaanesh just winced and shook his/her/its head.
Nurgle gave him a hearty handshake a kiss on the cheek.
Considering Angrond is a traitor, I would rather side with Trump. In fact, Angron is a lot alike to all of you.
@@Klongu_Da_Bongu Trump is the false corpse god!
Literally anyone else would have lost the business licence & be in jail.
1 rule for rich, 1 rule for the rest of us
Literally, anyone else wouldn't be prosecuted for this. It's a dangerous precedent, which is why Kathy Hochul is telling real estate investors that they will not be prosecuted for this.
@@perturbedxtirade7428maybe, but i think most people would only fudge the numbers a little bit. Trumps differing amounts are insanely inflated for loans and deflated for Tax and are done over and over and over again to the point where it is obvious and blatant disregard for the rules/ laws. If you continually are pulled over for speeding, and at very high speeds, you will lose your license eventually, even though everyone speeds and some people get off with a warning if only going a little over.
Plus, THIS MAN WAS PRESIDENT and is running again. Of course he will be scrutinized more than a normal person, as he should be.
He wasn't prosecuted for this.
It's not a dangerous precedent, and it's not even a precedent.
Most real estate investors aren't publicly and repeatedly defrauding the state.
@@perturbedxtirade7428
Yes, very dangerous precedent to be punished for fraud. People might actually think it's against the law or something.
@jful you really believe that, huh? So, I guess the banks assessors were wrong?
As a corporate CPA and former corporate auditor, the whole talk of financial statements cracks me up. Fun fact, a $200M misstatement COULD be “not material” in certain circumstances, but this is not one of them. The materiality threshold for fraud is $0, aka any amount of confirmed fraud is considered material to be reported to the board of directors in most circumstances.
I'd imagine a $200M misstatement on something like Apple's statements, that's a situation where it could be immaterial, right?
I get a feeling that the judge is counting on Trump and Co. doing their normal thing and making a complete dissolution inevitable.
"We DID warn you..."
Isn't "there was no victim" the standard line for sovereign citizens when they get a speeding ticket?
Many crimes do actually require a victim, this just happens to not be one of them. Although yes, that is a very common sovereign citizen line of reasoning.
The fact that he was not jailed is wild. No fine, immense or not, is a just sentence for decades of intentional defraudation.
You don't get jailed without getting to present a defense at least not in america
This isn't even a fine. It is just repossessing ill-gotten gains. There is no financial penalty for the fraud.
@@wiiztec yes, but the trial is already over, he had all the time and opportunity to prove his innocence. Saying that "Your honor, I don't think so" is insufficient defense for this large of an allegation.
@@dosadoodle even worse tbh
@@Swatotastic no his guilt was decided before the trial the trial was just about the amount he owed
For those who need to know, as someone in college for being an accountant, you DO NOT get to flub your valuations based on what looks best. When you get an asset, it has a set value. It goes up and down based on things like depreciation and money spent to improve it. As well, market value trumps all. If your books say your car is worth 40,000 but an appraiser says it's 25,000 when you sell, gotta record that loss.
I wish you luck 🙏 My college merged business administration and accounting. So even though I wanted accounting at that time I got both and stink at them now.
Nah see you're only doing poor people accounting. Rich people accounting has at least 3 valuations. What you borrow against, what it's worth and what you tell the tax person it's worth. That's why right people accountants get paid more it's 3 times harder and you get to spend time on holidays at club fed.
The key part of your statement is "when you sell." Before that, what is the market value? Blue book is an estimation.
They had 3 experts appraise the properties in this case. All 3 gave different values. The bank also appraised it themselves at the time because his report had a disclaimer stating his valuations might be off and to not RELY (key legal word) on them. So that's 4 different appraisals. And then judge even gave his own evaluation of the properties. For example, the lowest appraisal for Mar-A-Lago was about 18 million. The judge decided its value is 24 million.
... So this makes sense because... ??
@@CanadianEhHole so you had 3 valuations giving a range. What value did Trump claim? Somewhere in that range?
Double that range? More?
Actually held assets don't have set values. People have opinions of what that value might be. The more unique the asset is, the more this is true.
The appellate court seemingly slapped the prosecutors around a bit. We'll see how well this video ages. BTW did you see the judge at a speaking event state. And I paraphrase: I have the tools available depending on if the defendant wears a blue or red sweater. Says alot.
Guess this didn't age well considering what the new york Supreme Court hearings are saying remember folks this is a youtube lawyer who doesn't understand basic law
Right? This guy is a leftist clown.
Doesn't matter how competent the Eagle team is, it's simply impossible to find a lawyer that can win a case for a client like Trump.
The willingness of a lawyer to work for Trump is inversely proportional to their competency.
If only he could shut up for even one time to not ruin himself even further...
Anytime someone says "best", "greatest", or any of those broad descriptors...I always ask them to define it.
I have the "best" business sense.
Define best.
Most of the time, they can't.
Why has no one ever asked Trump to define "greatest" and "perfect"?
They probably have and then he just fires them.
Which is why every small business owner on LinkedIn is chatting shit. 🤣
Because they’d wind up in the river, by one of his January 6th lot.
BOYS, WE'RE FINALLY DRAINING THE SWAMP!
"Everyone does it" doesn't help you when you get pulled over for speeding, so it shouldn't help you when you commit fraud with your bank loan forms.
It baffles me that there are so many people out there who still trust this man.
As the saying goes, don't weep for the stupid you'll be crying all day
@@azaril7780 I'll try not to shed tears over you then 😂
@@Klongu_Da_Bongu damn bro, why you do me like that? 😂
New York never banned Jeffrey Epstein from doing business in New York
It baffles me that so many people still trust main stream media
I love the Trump supporters who are ignoring that this isn't even the first time the Trump family has been caught committing some form of fraud.
Trump University, Trump Foundation, Soho Condos...
@@gund89123 Sarcasm or stupidity?
Trump Steaks, Trump NFTs..
@@WooShell Those are just failures, though, OP was talking about actual _fraudulent_ Trump instances.
@@WooShell and now trump golden sneakers! and trump coins, oh the list goes on
@@gund89123don’t fraud people and you won’t get charged lmao. You live in a fairytale delusion
"I don't know how many times we have to keep doing this."
Until the punishment fits the crime.
So, forever then
Love to see if you put out a video after this thing gets tossed
There need to be laws introduced to prevent the "I don't remember defense." It's become just a way to refuse to answer questions when you HAVE to answer questions. There should be a limited amount of times someone can say "I don't remember" before the trial is paused and the defendant is required to take a psych evaluation.
The specialist will conclude that the defendant has amnesia, early onset dementia, or they are lying. If they're lying, charge the defendant with perjury.
> There need to be laws introduced to prevent the "I don't remember defense."
You need to kinda remove the Fifth Amendment for that.
@@khaerinaennoYeah that one's also got to go. If answering a question in court will incriminate you in a crime, you should not have the right to not answer it. I understand the burden of proof lies with the prosecution, but it should be recognised when a defendant is just blatantly refusing to answer questions.
And preventing a defendant's ability to decline questions will encourage guilty defendants to lie on the stand. And that opens them up for perjury charges on top of everything else. That is a good thing. Criminals should fear courts. They should not see them as an irritating chore.
@@wafflingmean4477
The problem is, by doing this you make innocent people to be afraid of the courts (and, by extention, criminal justice system) as well.
@@khaerinaenno No, you don't. Innocent people don't plead the Fifth. It's not what it's there for. If you haven't committed a crime and have no knowledge of what you're being accused of, it is physically impossible for you to incriminate yourself.
Literally no one who is innocent of a crime would ever plead the Fifth. No one. Therefore taking it away would scare no one aside from those who want to use this corrupt law to protect themselves from justice.
Do not make this excuse. You know better. The people who started that talking point have no interest in protecting you, only themselves.
@@wafflingmean4477 > If answering a question in court will incriminate you in a crime, you should not have the right to not answer it.
Ya... uh... speak to any lawyer about criminal proceedings and their #1 piece of advice will be to SHUT YOUR MOUTH!! Not because you might incriminate yourself but because they can and will use anything. It doesn't matter, they're aren't seeking justice a lot of times.
For example, ANY criminal case revolving a gun -- the prosecutors will target the type of ammo used. If you used FMJ, they will say it was done intently to murder instead of say self-defense. If you used hollow point instead, they will literally argue the SAME THING.
You have far too much naivety when it comes to legal systems. Go read Frederic Bastiat's paper, The Law, it gives a great breakdown of what legal systems really do.
A seasoned lawyer can make someone look guilty, even if they aren't, if they were to be forced to testify. Their expertise is literally in getting convictions and working with wordplay.
I can see you don't have much knowledge of the legal system and I know, for sure, you have never seen actual trials play out besides in maybe fictional TV shows.
"Everybody lies on their financial statements" NOT true. I never want to deal with any legal or financial issues so I tell the IRS and other government entities about everything. I just did my taxes this year and gave the state of Wisconsin three extra dollars because I took home $50 worth of souvenirs from Oregon which doesn't have a sales tax. I figure it's best to be honest and live my life knowing I played by the rules and should have a defense against any BS than be dishonest and live my life waiting for my actions to bite me.
I worked closely with Las Vegas resort owners and developers in upper management for a couple decades. The majority of these guys were just like Trump, grandiose and eager to overvalue EVERYTHING. They run casinos that handle hundreds of millions of dollars every week, they just don't live in the real world when it comes to "normal" thinking about cash and true value of real estate holdings. Trumplethinskin acts like every property he owns or controls has slot machines and table games spewing untraceable cash like in the old days of Las Vegas and Atlantic City.
This guy managed to bankrupt a cash-rich casino by syphoning off the income and stiffing people as small as a piano seller, why are we surprised there's nothing close to the truth in his financial reports? He would have done better staying in Nevada, where there actually is ridiculous return on investment per square foot - especially when it's filled with $5 slot machines.
have you ever seen the 1996 movie Mars Attacks? Jack Nicholson plays a Vegas Property Developer AND the President - as an allusion to Dr. Strangelove with Peter Sellers in multiple roles. reality tv
Trump is so egregiously corrupt in his business practices that the Nevada Gaming Commission refused to give him a casino license for his property in Las Vegas. Think about that for a second, with all the corruption that goes on in Vegas the Gaming Commission look at his businesses and said NO THANKS we don't want any part of that!
And many of the people defending Trump are using the childish defense that "everybody else does it". Which is probably true but most of them don't go on national TV and brag about it in interviews over and over again. Trump has made it so egregiously obvious that his business practices are fraudulent that to not punish him would appear to be corruption. He literally forced the legal system to go after him in order to maintain it's own appearance of legitimacy.
Hey, Maybe DON’T Lie To The IRS. Honestly, That Sounds Like A Great Idea!!!!!
You know, I think you're onto something.
Great video. Thanks for posting it.
There's a minor editing error: The section from 13:50 to 14:10 repeats--it looks like two different takes of the same passage, one with the main camera view and the second with art.
Trump for Prison 2024