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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 3:22 pm to
Posted by Mo Jeaux
Member since Aug 2008
58755 posts
Posted on 3/27/24 at 3:22 pm to
quote:

Non responsive to the OP or to my posts. Of the two of us, I’m not the one being obtuse. I have referenced Stewart’s statement and the judgment. All you have done is say “nah uh” and call me a “retard”. Not very compelling, counselor.


Eh. Look at the very top of page 4 of this thread. I responded to you by (correctly) showing you that you clearly aren't able to distinguish the two separate instances. It's kind of hard to "respond" to you when you aren't able to clearly state the facts.
Posted by lsufball19
Franklin, TN
Member since Sep 2008
64658 posts
Posted on 3/27/24 at 3:30 pm to
quote:

This is stupid. His house was worth whatever the buyer was willing to pay.

I think we allknow that. And we also know that tax assessments are typically far less than appraisals are and far less than sales prices are. For instance, my parent's home has a tax assessment of ~$450k. However, the county hasn't done a reassessment since 1997 (yes 1997), and the FMV of that home is now $1.6 million. It's also insured for $1.6 million and their HELOC is based on a value of $1.6 million. What NY is basically saying is anyone who pays a tax rate based on an assessment of A but the property's value is actually a higher rate of B is committing FRAUD. It's absurd. The bank's underwriters approved the loan. That's on them for accepting Trump's properties' values. ANd the loan was repaid all the same. If the bank was concerned of being left holding the bag if he defaulted on the loan, that's on them.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63015 posts
Posted on 3/27/24 at 3:31 pm to
quote:

but this article isn't some gotcha.


It isn't a criminal gotcha for Stewart, but it really shows how hopelessly stupid (or hypocritical) anyone who believes Trump committed a crime here is.

This particular case is a joy for watching people try and spin their way into the belief that Trump is a criminal but the millions of people who have done the same thing aren't.
Posted by BBONDS25
Member since Mar 2008
48324 posts
Posted on 3/27/24 at 3:34 pm to
quote:

Eh. Look at the very top of page 4 of this thread. I responded to you by (correctly) showing you that you clearly aren't able to distinguish the two separate instances. It's kind of hard to "respond" to you when you aren't able to clearly state the facts.


Wrong again, counselor. That was the “nah uh” I previously referred to. The precise issue that Stewart referred to on his show was in reference to the portion of the judgment where the judge used the assessed value of Mar a Lago as an example of why the appraised value used by Trump was “fraudulent.” You can talk about the other portions of the judgment if you like, but the OP is specific to appraised value vs the assessed values. Those, sir, are the facts. Your inability to understand that is not anyones problem but your own.
This post was edited on 3/27/24 at 3:36 pm
Posted by LegalEazyE
Madison, Wisconsin
Member since Nov 2023
2157 posts
Posted on 3/27/24 at 3:35 pm to
quote:

Did you even read the OP? The judge addressed this as well. Did you even read the judgment?


Of course not... he just reflexively goes to white knighting for his lib hero, Jon Stewart, and sticks to OMB.
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63015 posts
Posted on 3/27/24 at 3:36 pm to
I would guess that 98% of homeowners try to get their tax assessed value as low as possible, and resale value as high as possible. If you're paying taxes on the entire appraised value of your home, you probably believe Trump committed a crime.
This post was edited on 3/27/24 at 3:37 pm
Posted by Mo Jeaux
Member since Aug 2008
58755 posts
Posted on 3/27/24 at 3:38 pm to
quote:

Wrong again, counselor. That was the “nah uh” I previously referred to. The precise issue that Stewart referred to on his show was in reference to the portion of the judgment where the judge used the assessed value of Mar a Lago as an example of why the appraised value used by Trump was “fraudulent.” You can talk about the other portions of the judgment of you like, but the OP is specific to appraised value vs the assessed values. Those, sir, are the facts. Your inability to understand that is not anyones problem but your own.


Holy shite, man. I understand that. What you're failing to understand is that the Stewart scenario is not the same. Applying for a loan an providing those values is not the same as selling a property. It just isn't. I get that you hate what is happening. I get that you hate Stewart. I hate both those things too, but you're not being logical here.
Posted by Mo Jeaux
Member since Aug 2008
58755 posts
Posted on 3/27/24 at 3:38 pm to
quote:

LegalEazyE


Go frick yourself.
Posted by BBONDS25
Member since Mar 2008
48324 posts
Posted on 3/27/24 at 3:39 pm to
quote:

If you're paying taxes on the entire appraised value of your home, you probably believe Trump committed a crime.


I would bet fewer than 5% of homeowners find themselves in this situation. The judge, Stewart, and whoever the moron is that I’ve been going back and forth with in this thread all know this. The suit is a farce. Stewart’s take is laughable. Of course, the OP is relevant.
Posted by Tmcgin
BATON ROUGE
Member since Jun 2010
4989 posts
Posted on 3/27/24 at 3:40 pm to
Trump told the IRS he had a 10k condo and
the IRS a 3200ft condo.....same address

He's cute when he's grifting
Him and Jon can be cell mates
Posted by BBONDS25
Member since Mar 2008
48324 posts
Posted on 3/27/24 at 3:41 pm to
quote:

Holy shite, man. I understand that. What you're failing to understand is that the Stewart scenario is not the same. Applying for a loan a providing those values is not the same as selling a property. It just isn't. I get that you hate what is happening. I get that you hate Stewart. I hate both those things too, but you're not being logical here.


Do you think Stewart has ever taken a loan to purchase a property? Hell, he may have on the property at issue. The point of the entire article is that the appraised value vs the assessed value (that Stewart used in his show to condemn trump) is a ridiculous argument for fraud.

Everyone except you (and Tmcgin) seems to understand that. Good lord, counselor, where did you go to law school? You missed the clear legal argument that is being criticized.
This post was edited on 3/27/24 at 3:45 pm
Posted by BBONDS25
Member since Mar 2008
48324 posts
Posted on 3/27/24 at 3:43 pm to
quote:

Trump told the IRS he had a 10k condo and the IRS a 3200ft condo.....same address He's cute when he's grifting Him and Jon can be cell mates


Relevance to Stewart stating Trump was guilty for using appraised value instead of assessed value? You morons can’t argue the OP without bringing up anything else you can throw against the wall. You won’t have to start liking Trump just by acknowledging Stewart and the portion of the judgment he was referring to is ridiculous. It’s very cultish behavior.
Posted by SirWinston
PNW
Member since Jul 2014
81746 posts
Posted on 3/27/24 at 3:43 pm to
Stewart is an embarrassment since he came back. Got some heat for making fun of Biden on his first show and he's been such an NPC ever since. frick him.
Posted by Robin Masters
Birmingham
Member since Jul 2010
29769 posts
Posted on 3/27/24 at 3:45 pm to
quote:

Stewart didn't provide any estimated value to anyone.


Um, the buyer? Ever heard of an "asking price"?
Posted by Mo Jeaux
Member since Aug 2008
58755 posts
Posted on 3/27/24 at 3:47 pm to
quote:

The judge, Stewart, and whoever the moron is that I’ve been going back and forth with in this thread all know this. The suit is a farce. Stewart’s take is laughable. Of course, the OP is relevant.


God damn, man. Are you illiterate too? Have you missed the multiple instances where I have agreed with you in respect of the suit and Stewart himself? I shocked that some of you people are able to breathe without being reminded to do so.
Posted by BBONDS25
Member since Mar 2008
48324 posts
Posted on 3/27/24 at 3:50 pm to
quote:

God damn, man. Are you illiterate too? Have you missed the multiple instances where I have agreed with you in respect of the suit and Stewart himself? I shocked that some of you people are able to breathe without being reminded to do so.


Then what the frick are you talking about, counselor? The OP is about Stewart’s specific point regarding apparaised values vs assessed values. What other non relevant topic were you addressing? You are aware of the term “relevant”, right? What point outside of the OP, Stewart’s point, and the judgment were you referring to? And in which specific post?


So far all I’ve seen is “nah uh”, “retard”, and “illiterate.” It appears you can’t quite keep up.

ETA: Just re-read the thread. Are you holding onto the notion that this isn’t a gotcha because you assume Stewart didn’t take a loan to buy the subject property? Holy shite. Talk about missing the point. You aren’t being disingenuous. You’re just a complete moron. You weren’t making a poor legal argument, you missed the point of the OP entirely.


I apologize. I thought you were attempting to make a legal argument. It never crossed my mind the entire point of the thread went waaaaaay over your head.
This post was edited on 3/27/24 at 3:59 pm
Posted by TDTOM
Member since Jan 2021
14515 posts
Posted on 3/27/24 at 4:03 pm to
quote:

Go frick yourself.


He hit a little too close to home, sport?
Posted by Bourre
Da Parish
Member since Nov 2012
20274 posts
Posted on 3/27/24 at 4:04 pm to
You are so stupid, son. What’s it like walking around life as a retard? Do you dress yourself? Can you feed yourself?
Posted by Bourre
Da Parish
Member since Nov 2012
20274 posts
Posted on 3/27/24 at 4:05 pm to
quote:

Aren’t you a libertarian?


He’s only a libertarian when it’s convenient. Usually he’s just a left wing hack that parrots Democrat talking points
This post was edited on 3/27/24 at 4:07 pm
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63015 posts
Posted on 3/27/24 at 4:08 pm to
quote:

Applying for a loan an providing those values is not the same as selling a property


To the bank it's the same independent process of assessing the value for an asset. In both cases, their assessed value drives the value of the loan they give (whether it's a loan to buy a house or a loan for some other investment is irrelevant to the law and the bank.)

There is no substantive difference between the two in the context of this case. The only possible distinction is perhaps the bank gets wrapped up as a "co-conspirator" (sorry for the stupid terminology but I'm speaking progressive) in an effort to defraud the home buyer.
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