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re: Jon Stewart overvalued his NYC home by 829%; he said Trump’s civil case as not victimless
Posted on 3/27/24 at 1:05 pm to meansonny
Posted on 3/27/24 at 1:05 pm to meansonny
quote:
By that argument, Trump's property were worth what the banks approved his loan for at the time of his application.
It should be that simple, shouldn't it?
It IS that simple. Banks are really good at appraising. Like, really good. Better than a dude who wants to pay 8x on a house. It’s on the banks to do their due diligence.
Jon Stewart is a smart guy in general, so it’s really stupid that he thinks this.
2
Posted on 3/27/24 at 1:06 pm to VoxDawg
His claim is the victim is whoever didnt get a loan from the bank since they made a loan to Trump. This, of course, is a ridiculous argument. Pure speculation that the bank ran out of money to lend. In fact, a more likely scenario is that the bank. Didn’t run out of money to lend but actually had more to lend after being paid the interest timely on Trump’s note. If that is the case Trump didn’t harm a victim, he helped some poor souls that couldn’t otherwise get a loan.
Posted on 3/27/24 at 1:10 pm to TBoy
quote:
That article does not support the allegation at all. Stewart did not overvalue his penthouse for the purpose of creating fake equity to secure a loan. Some rich moron simply overpaid for his penthouse, and then resold it a few years later at a loss. That is not remotely the same thing.
As usual, your dumbass missed the point entirely.
In both instances they’re victimless crimes. By the same logic that “rich moron overpaid” for Stewart’s house, some bank decided to loan Trunp money on property that they agreed to.
Posted on 3/27/24 at 1:12 pm to L.A.
I actually watched his latest show for a bit. I turned it off.
I wanted to see if he was genuinely funny. Cracking jokes about all politics.
I picked up a vibe that he was jealous of Joe Rogan and others and lost being funny, because he is careful with his politics.
He showed Kevin O'Leary'and other's saying how ludicrous the lawfare was against Trump. Then called Kevin O Leary an a-hole.
The entire skit was unfunny and OMB. Like Kimmell and the rest he used to be funny.
His show is lame and try-hard.
I wanted to see if he was genuinely funny. Cracking jokes about all politics.
I picked up a vibe that he was jealous of Joe Rogan and others and lost being funny, because he is careful with his politics.
He showed Kevin O'Leary'and other's saying how ludicrous the lawfare was against Trump. Then called Kevin O Leary an a-hole.
The entire skit was unfunny and OMB. Like Kimmell and the rest he used to be funny.
His show is lame and try-hard.
Posted on 3/27/24 at 1:16 pm to thebigmuffaletta
quote:
quote:
not victimless”
Then Stewart should be able to tell us who the victim is
Stewart implies that the loan Trump was approved for takes away from a loan that someone else could have been approved for.
The stupidity of that assertion is massive.
1) it implies that the federal government can't print money to lend to banks (it is how they do it).
2) it ignores that good loans (trump repaid the loan) make future loans easier and more readily available.
Trump actually helps them secure more funds for more borrowers in need.
Stewart is a hack. Half of his career is built on making funny faces at the camera and hoping that the audience comes along for that type of comedy.
Edit to add: Stewart thinks that loans come in a box that are stored in the back of a retail store. And once they sell out, you have to wait your turn on backorder.
This post was edited on 3/27/24 at 1:17 pm
Posted on 3/27/24 at 1:19 pm to BBONDS25
quote:
His claim is the victim is whoever didnt get a loan from the bank since they made a loan to Trump.
So Jon Stewart should be on the side of native New Yorkers who are pissed at Mayor Adams for giving freebies to illegal aliens, thereby exhausting tax dollars seized from them at the point of a gun, preventing them from benefitting themselves, yes?
Posted on 3/27/24 at 1:29 pm to TN Tygah
quote:
Jon Stewart is a smart guy in general, so it’s really stupid that he thinks this.
Oh he knows it too. He’s just a fricking liar.
This post was edited on 3/27/24 at 1:30 pm
Posted on 3/27/24 at 1:31 pm to L.A.
Stewart is a hack, but this article isn't some gotcha.
Posted on 3/27/24 at 1:35 pm to Green Chili Tiger
Aren’t you a libertarian?
Posted on 3/27/24 at 1:38 pm to L.A.
No details?
Posted on 3/27/24 at 1:44 pm to Mo Jeaux
quote:
but this article isn't some gotcha.
Sure it is.
It points out what a hypocritical, dishonest piece of dog sht Stewart is.
Posted on 3/27/24 at 1:46 pm to Mo Jeaux
quote:
this article isn't some gotcha.
If you cannot identify the hypocrisy and/or intellectual dishonesty, then how can you hope to avoid it?
Posted on 3/27/24 at 1:48 pm to L.A.
If he sold his home at the higher price, then that is by definition its value isn't? The fact that it was assessed for less isn't terribly relevant here.
Posted on 3/27/24 at 1:51 pm to Athis
quote:
He will never see the inside of a court room over this...
Because he probably didn't break any laws.
I'm not sure how Stewart committed fraud in his deal, but the law Trump is charged under, 63(12) is directed toward repeated and persistent fraud. So the sell of one apartment wouldn't qualify.
I still think the New York law in question is being applied in an unconstitutional manner, so I'm not supporting the allegations against Trump...but he is accused of lying on his financial statements. So it isn't that he lied about the collateral for his loan, but lied about his ability to afford the loan. By doing things like accidentally tripling the size of his penthouse.
Again, I'm not saying this crap makes any sense. But what Jon Stewart did really is very different from what Trump is accused of.
Posted on 3/27/24 at 1:53 pm to L.A.
This is getting ready to go the way of plagiarism.
Posted on 3/27/24 at 1:55 pm to Dday63
quote:
But what Jon Stewart did really is very different from what Trump is accused of.
As long as he has never borrowed against his home. And he may not have.
Bu if someone's checking financials, it won't be long before they find some liberal who has done EXACTLY what Trump did. Know how I know?
Because everybody in that game routinely does what Trump did.
Posted on 3/27/24 at 1:57 pm to VoxDawg
quote:
If you cannot identify the hypocrisy and/or intellectual dishonesty, then how can you hope to avoid it?
These are two very different situations though. Stewart didn't provide any estimated value to anyone.
Posted on 3/27/24 at 1:59 pm to Mo Jeaux
quote:
but this article isn't some gotcha.
Of course it is.
Posted on 3/27/24 at 1:59 pm to BBONDS25
quote:
Of course it is.
It really isn't.
Posted on 3/27/24 at 2:00 pm to GoblinGuide
quote:
The fact that it was assessed for less isn't terribly relevant here.
Oh my. The ignorance as to what has happened is on full display here. Holy shite.
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