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All-In [40936]
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Hall of Famer [24098]
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Re: Kevin O'Leary on comunist NY
Mar 21, 2024, 2:02 PM
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Slow blinker - you can't trust 'em.
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All-TigerNet [11961]
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The pace of the attacks
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Mar 21, 2024, 2:12 PM
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of the left on our society is increasing.
We're at an incredibly dangerous place.
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Head Coach [786]
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Re: The pace of the attacks
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Mar 23, 2024, 7:23 AM
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The only thing that’s dangerous is Fox News and Donald Trump convincing you clowns that they are victims.
Trump has committed fraud and Trump has committed crimes and we are gradually seeing the justice system hold him accountable.
Don’t buy this garbage that Trump is a victim. The United States justice system is not perfect, but certainly the best on the planet.
Donald Trump is a dirtbag and a criminal.
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All-TigerNet [11207]
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Dont do the crime if you cant pay the fine.
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Mar 21, 2024, 2:18 PM
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Eff that loudmouth SOB.
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All-In [47750]
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What crime?***
Mar 21, 2024, 5:18 PM
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All-TigerNet [10932]
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Re: What crime?***
Mar 21, 2024, 7:02 PM
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Exactly, when did borrowing money and paying it back become a crime? If Deutsche Bank didn't do their due diligence or had any concerns, they shouldn't have loaned the money. It's not like Deutche Bank doesn't have resources or access to real estate values and banking accounts to verify collateral. They should have called B.S. if they didn't believe Trump or didn't want to lend him the money. On the other hand, maybe a refrigerator was used as collateral.
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CU Guru [1071]
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Re: What crime?***
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Mar 21, 2024, 8:23 PM
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Exactly, when did borrowing money and paying it back become a crime? If Deutsche Bank didn't do their due diligence or had any concerns, they shouldn't have loaned the money. It's not like Deutche Bank doesn't have resources or access to real estate values and banking accounts to verify collateral. They should have called B.S. if they didn't believe Trump or didn't want to lend him the money. On the other hand, maybe a refrigerator was used as collateral.
Don’t confuse the non business men posters with business knowledge. I am involved with clients getting bank loans all the time and every bank does diligence on making loans where the property is collateral.
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All-In [42196]
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So he defrauds insurers and investors for years
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Mar 21, 2024, 2:20 PM
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He's held accountable for it, and y'all think that's "communist" to do so.
All because you'll blindly defend anything about him. If this were Pelosi (which maybe should be over her stock market shenanigans), y'all would be doing backflips and claiming justice was served. Partisan hackery, pure and simple.
And you want to slap a woman, apparently.
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All-TigerNet [11961]
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All-In [42196]
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Insurers and investors
Mar 21, 2024, 2:33 PM
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And there were over 40 witnesses called to testify.
Sorry. Ya boy got what he deserved.
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All-TigerNet [11961]
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How much money
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Mar 21, 2024, 2:48 PM
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did they testify to being defrauded of?
Hint:
None.
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All-In [42196]
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All-TigerNet [11961]
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LOL
Mar 21, 2024, 2:56 PM
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What victim and how much?
Keep looking, boo.
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All-In [42196]
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Looks like I named em!
Mar 21, 2024, 2:58 PM
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Sucks to suck for Trump and his worshippers. And even more is coming.
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All-TigerNet [11961]
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Looks like you didn't***
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Mar 21, 2024, 3:00 PM
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All-In [42196]
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How mad does the whole thing make ya?***
Mar 21, 2024, 3:02 PM
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All-TigerNet [11961]
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Aren't you surprised
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Mar 21, 2024, 3:18 PM
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to find nobody was defrauded by Trump?
Your lefty media sources left that part out, eh?
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Hall of Famer [24808]
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Deep State paid influencer... Facts optional. Oh, and 'conservative'. Riiiiight!***
Mar 23, 2024, 11:28 AM
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All-TigerNet [10932]
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Re: Hmm
Mar 21, 2024, 7:19 PM
[ in reply to Hmm ] |
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So Trump got loans and other finances, made $100 million but paid the money back and he's the criminal? Where is the culpability by the ones that didn't verify the information? I want to know whose the people are so I can do business with them because they are stupid.
https://tenor.com/view/forrest-gump-stupid-is-forrest-gump-gif-13521624
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Legend [18026]
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The banks' shareholders and the market were the victims.***
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Mar 21, 2024, 3:53 PM
[ in reply to Where were his victims? ] |
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All-TigerNet [12592]
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Re: The banks' shareholders and the market were the victims.***
Mar 21, 2024, 4:08 PM
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Well then the bank executives should go down too? NY bankers at that level aren’t naive fools. They knew what they were doing.
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Legend [18026]
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Quite possibly, Rampell (lady opposite O'Leary) makes that point
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Mar 21, 2024, 4:11 PM
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Like you said, they aren't fools, knew what they're doing and probably got bonuses out of it.
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All-In [40936]
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Hall of Famer [24098]
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Re: How were sharholders victims?
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Mar 21, 2024, 7:58 PM
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It wasn't. Only really naive people think this is about protecting New Yorkers, shareholders, or anyone else. That's laughable.
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Legend [18026]
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Trump only paid them back when they threatened a default
Mar 21, 2024, 8:48 PM
[ in reply to How were sharholders victims? ] |
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As for the market, how much money did Trump's fraud take from other businesses and the market. It's one thing to think Trump's punishment goes too far, but to argue he didn't do anything wrong or didn't hurt anyone is naive and laughable.
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Hall of Famer [24098]
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Re: Trump only paid them back when they threatened a default
Mar 21, 2024, 8:55 PM
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He's been doing business in NYC for over half a century, and this lawsuit took place as he is running for President. What a coincidence 😂
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Legend [18026]
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You have your timing wrong...
Mar 21, 2024, 9:05 PM
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He's running for President (in part, at least) because of the lawsuit(s). The NY lawsuit started at the end of his term when Cohen went public with what he knew.
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Hall of Famer [24098]
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Re: You have your timing wrong...
Mar 21, 2024, 9:07 PM
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Ok, while he was President
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Legend [18026]
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What a coincidence he's running for President facing these charges***
Mar 21, 2024, 9:10 PM
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Hall of Famer [24098]
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Re: What a coincidence he's running for President facing these charges***
Mar 21, 2024, 9:12 PM
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Well, I mean given he was the President, I don't think that's very much of a coincidence.
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Legend [18026]
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I'm sure you don't.***
Mar 21, 2024, 9:15 PM
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Hall of Famer [24098]
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Re: I'm sure you don't.***
Mar 21, 2024, 9:17 PM
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Of course I don't. Neither do most people. Trump was going to run for President again regardless of opposition party law suits.
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Legend [18026]
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That may be the case, but it also helps him with these cases
Mar 21, 2024, 9:27 PM
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and "most people" can see these cases can't be just seen as "politically motivated" when they started before his running or are because of actions he committed at the end of his presidency.
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Hall of Famer [24098]
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Re: That may be the case, but it also helps him with these cases
Mar 21, 2024, 9:31 PM
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Letitia James ran on prosecuting Trump. I'm not sure how much in your face the political motivation has to be.
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Legend [18026]
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and if you ignore the other parts of the case, that might mean something.***
Mar 21, 2024, 9:41 PM
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Hall of Famer [24098]
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Re: You have your timing wrong...
Mar 21, 2024, 9:11 PM
[ in reply to Re: You have your timing wrong... ] |
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It's almost like the state never had an audit, and these financial institutions put complete trust in Trump's financial statements when loaning him hundreds of millions of dollars.
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Legend [18026]
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If I was a shareholder, it would certainly make me upset.***
Mar 21, 2024, 9:15 PM
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Hall of Famer [24098]
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Re: If I was a shareholder, it would certainly make me upset.***
Mar 21, 2024, 9:26 PM
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I would definitely be upset if the banks didn't do their own analysis on the collateral. Of course, in this cases as in all cases where banks extend that much collateralized credit, they did their own analysis.
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Legend [18026]
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yep, they may be as liable as Trump (but that's not a defense of Trump)
Mar 21, 2024, 9:29 PM
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and is exactly why there are 'victims' in the case.
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Hall of Famer [24098]
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Re: yep, they may be as liable as Trump (but that's not a defense of Trump)
Mar 21, 2024, 9:35 PM
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The real victims in this case are the people who can't see this lawsuit was brought for political reasons. You can hate Trump's guts and not be blind
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Legend [18026]
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I agree, those blinded by their politics are only victimizing themselves.***
Mar 21, 2024, 9:43 PM
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Hall of Famer [24098]
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Re: I agree, those blinded by their politics are only victimizing themselves.***
Mar 21, 2024, 10:21 PM
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Then we agree
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Legend [18026]
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Awesome!***
Mar 21, 2024, 11:01 PM
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Hall of Famer [24808]
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Hall of Famer [24098]
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Re: So he defrauds insurers and investors for years
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Mar 21, 2024, 2:26 PM
[ in reply to So he defrauds insurers and investors for years ] |
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But let's all be honest with ourselves here. Had Trump never run for President, New York would have never brought this lawsuit. Given Trump has been doing business in NYC for over half a century, the timing seems a little odd.
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All-In [42196]
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Does that make him less guilty?***
Mar 21, 2024, 2:28 PM
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Hall of Famer [24098]
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Re: Does that make him less guilty?***
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Mar 21, 2024, 2:33 PM
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It doesn't have anything to do with his guilt. I haven't reviewed the details of the trial, but the NY AG did file suit for political purposes. This has nothing to do with NY protecting its citizens.
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CU Medallion [58424]
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I agree - that's the point for me.
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Mar 21, 2024, 2:43 PM
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He may indeed be guilty of crimes, and if so, he should pay the price, just like every POS who breaks the law.
It is also true (in my opinion) that this is politically motivated. It has little to do with protecting citizens or concern for the rule of law.
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Hall of Famer [20542]
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Re: I agree - that's the point for me.
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Mar 21, 2024, 2:53 PM
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The problem there is, Trump creates witnesses.
Getting whistleblowers from Fortune 500 companies or the inner circle of billionaires is almost unheard-of, mostly because those companies and billionaires have the good sense to keep everyone who knows where their dirty laundry is happy and financially incentivized.
People think law enforcement has this magic ball to tell them where the crimes are happening. They don't. Particularly when it comes to white-collar crime, there needs to be some kind of evidence of impropriety that gives them cause to investigate...and that often takes an insider.
But Donald just does not give a sh!t, and creates estranged insiders left and right the way he just casts anybody he has no further use for aside. You think Giuliani isn't singing like a canary now that Trump stiffed him on his legal bills and his own property is forfeit?
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Hall of Famer [24098]
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Re: I agree - that's the point for me.
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Mar 21, 2024, 2:55 PM
[ in reply to I agree - that's the point for me. ] |
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Oh, I have no doubt that Trump is a scumbag in his business dealings. Even before he ran for President, I knew enough about him to know he was a scumbag. But, for people to buy into this being about protecting New Yoikas and not about bringing Trump down for political reasons - pu pu leeeeeez.
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Hall of Famer [20542]
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Re: I agree - that's the point for me.
Mar 21, 2024, 3:11 PM
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Sure, it's political...in the sense that both James and Bragg know they punch their own future tickets to fame, fortune, and higher office if they get convictions against him. Prosecutors love getting high-profile scalps in their trophy case and Donald's the biggest whale there ever was in the ocean.
The problem is, usually they can't. Guys at that level are usually virtually impossible to take down because there are so seldom any willing witnesses coming forwards with hot tips of their misdeeds, much less proof positive of those deeds...and so the big fish remain pretty much forever out of reach.
Donald was beyond sloppy, and clearly thought he could bludgeon and bully and straight-up BS his way out of trouble the way he always has. But New York State and Manhattan had everything Cohen gave them, and were big enough to withstand any bullying - and Oh My, did Donald try and continues to try - and from a legal point of view, what Cohen gave them was a layup.
So they took it. I actually think it's more about ambition than politics, though politically obviously James and Bragg clearly can't stand Donald either.
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All-In [42196]
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Hall of Famer [20542]
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Re: So he defrauds insurers and investors for years
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Mar 21, 2024, 2:37 PM
[ in reply to Re: So he defrauds insurers and investors for years ] |
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It's Trump's own stupid fault.
The whole case originated basically as retaliation from Michael Cohen, who was butthurt - justifiably - that he'd been Trump's errand boy and even had done time for him (keep in mind, Cohen's already been to jail for the Stormy Daniels stuff), and was annoyed that Trump had just cut him loose.
And in so doing, Donald created an insider witness...who had direct proof of Trump's fraud to share. So Cohen went in front of Congress and teed it up for whoever wanted a swing and Tish James and Alvin Bragg took him up on it.
So you're right...if Donald hadn't run for president, he wouldn't be in this mess. Because he wouldn't have had to have pay off Stormy Daniels, and Cohen wouldn't have gone to jail for it and then been cut loose by Trump, and all that tasty insider info that both Tish James and Alvin Bragg are now beating Donald over the head with never would have surfaced. And Donald would now be on his 23rd season of The Apprentice and America would still be convinced he was a successful business mogul.
When you run for president, your life gets put under a magnifying glass. Donald should have had the good sense to know he had far too many skeletons in his closet to withstand that level of scrutiny.
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All-TigerNet [11207]
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Not to mention he hired a NJ lawyer
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Mar 21, 2024, 2:50 PM
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from a fourth tier law school that didn’t know shid about about procedures in NY. She looked cute, I reckon.
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All-In [40936]
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I don't like Trump one bit, but there was no fraud here
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Mar 21, 2024, 2:55 PM
[ in reply to So he defrauds insurers and investors for years ] |
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it was some obscure law that has never been used before. I'd hate for someone to come take property from me based on disagreeing with a financial statement I made to the bank that both the bank and I agreed on.
Financial statements by nature are not that accurate.
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CU Guru [1515]
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Re: I don't like Trump one bit, but there was no fraud here
Mar 21, 2024, 3:05 PM
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"Financial statements by nature are not that accurate". Yeah, like attesting that your 10,000 square foot penthouse in Trump tower is 33,000 square feet.
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All-In [40936]
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What is the differnce in cost between 10k and 33k
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Mar 21, 2024, 6:30 PM
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you are not putting it up for collateral you are just stating what you think it is worth. Nobody was frauded out of one dime, how many billions should he be fined for misstating the area of a penthouse from 10k to 33k sq ft? It's probably easy to do and has zero affect on the loan.
The judge claimed that mar-lago is worth 18 million. That's stupid low. That's lying no good scumbag low. It should be none of the judge's concern if a private individual and a private bank agreed upon a value to be used to calculate net worth. Which again has nothing to do with collateral for the loans.
This is bad for America. You can let government agencies fine people 1/2 billion dollars and put the money in their own pocket.
You think because you are a flaming democrat that you are safe. You need to protect other people's rights, even when you don't agree, for that reason.
You guys loved it when twitter, facebook, tiktok censored their private information to put dems in power. Next time it might be your side that is stifled. You should protect everyone's rights even those you disagree with.
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CU Guru [1515]
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Re: What is the differnce in cost between 10k and 33k...
Mar 21, 2024, 7:38 PM
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Well, in manhattan, I would think that that difference is huge. In fact, at one point he valued his penthouse at greater than ANY EVER sold in NYC, even though the footage was well lower. The cumulative overvaluations had an affect on the loans, by lowering the interest rate that he was paying for said loans. This was the basis for the judgement, even though I think the judgement was too high and may well be lowered at some point during appeal. The point of my post was that "financial statements" should be accurate with accurate info. Perhaps you should have said real estate valuations can vary greatly, generally depending upon who is doing the appraisal and the reason for it.
As far as your (and Trump's) claim on the mar-a-lago valuation ...
https://www.politifact.com/factchecks/2023/oct/06/facebook-posts/new-york-officials-didnt-value-mar-a-lago-at-18-mi/
As far as me being a "flaming democrat", well, you are WRONG again! I only left the Pubs after 1/6 and just for Indy, not the dems. It seems you are a hair on the triggered side, which is not unusual for a Trumper. I would think that a professional engineer that owns his own business would be a lot smarter than your rants make you out to be. I'm all for "protecting other people's rights" and also for law and order, including fraud. I won't even bother addressing the last paragraph.
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All-TigerNet [12592]
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Re: Kevin O'Leary on comunist NY
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Mar 21, 2024, 4:06 PM
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The bank reviewed Trump’s financial statements and made the loan. From what I’ve read, Trump repaid the loan in full.
I would assume based on that, that the bank made a nice chunk of change.
Since the AG said this was such an egregious case of fraud, it would appear the bank was an avid participant in this fraud and James surely should punish these bank titans as well?
This was a victimless crime with the bank not complaining. The bond handed down by the judge is apparently so over the top that even Joe Scarborough weighed in that way.
This is primarily a political hit.
Trump has screwed over many people in his business dealings, but this was not one of those times and the penalty is probably unmatched in history.
Trump would have probably a lower bond if he had participated in a gang rape of the Rockettes.
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Legend [18026]
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All-TigerNet [12592]
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Re: Here's the "lady" in red's response (the one you want to hit)....
Mar 21, 2024, 5:39 PM
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On my phone, so don’t know if this is directed to me or someone else.
If to me, I don’t want to hit anyone and certainly not a woman.
I would never personally want to do business with Trump if I were fortunate to be in the financial circles to be able to do so.
He has a long track record of screwing over contractors and others and using the law to do so.
Nonetheless, I don’t believe the punishment fits the crime and is not fair.
I’m not on Team Trump, but still have a problem when the legal system is used to try to destroy a political opponent.
What goes around comes around and that’s not a good thing.
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All-TigerNet [12592]
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Re: Here's the "lady" in red's response (the one you want to hit)....
Mar 21, 2024, 5:50 PM
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The thumbs up is for Kevin O’Leary’s statement.
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Legend [18026]
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It's directed to Neal's post starting the thread...
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Mar 21, 2024, 6:02 PM
[ in reply to Re: Here's the "lady" in red's response (the one you want to hit).... ] |
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where he said he wanted to "smack" her for smiling.
Holding people accountable for their actions isn't trying to destroy a political opponent. Fairness and equality under the law and all that.
And remember, a big reason he's running is specifically to try and avoid the punishments for his actions.
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All-In [40936]
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Legend [18026]
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She made sense, but it's fine if you disagree.***
Mar 21, 2024, 7:10 PM
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CU Guru [1071]
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Re: My God what a ####### moron
Mar 21, 2024, 8:38 PM
[ in reply to My God what a ####### moron ] |
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Did you listen to her? She made ZERO sense. None what so ever. She has probably never made a commercial property loan in her life.
Do not confuse the know it all liberals who have no business sense.
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Orange Blooded [4789]
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Re: Kevin O'Leary on comunist NY
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Mar 21, 2024, 6:30 PM
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Trump is just being used to normalize this kind of thing. If you think he's the last person the left will use lawfare on you're a miserable know nothing moron. Get used to the left conjuring up prosecutions out of thin air based on whether you're leftist enough.
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All-TigerNet [12249]
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Kevin O'Leary better watch out - I imagine he has some money tied up in NY and
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Mar 21, 2024, 6:51 PM
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if there is one thing the leftist regime in NY has just proven - run afoul of them and they will target you with lawfare.
I don't really think O'Leary is a Trump MAGA nut but is instead providing a point of view that is probably held by a lot of extremely wealthy dudes who aren't "Trump people". O'Leary and his extremely wealthy friends understand better than anyone how the traditional "norms" of these kinds of high dollar business transactions were just upended through deliberate lawfare. I think he is sharing a glimpse into what the wealthy folks, who are the future investors in NY, see things and it will probably have some affect on their future business decisions regarding that State.
Instead of blasting O'Leary as a "defender of Trump" (which I don't think he is) - some in NY and this board might reconsider that O'Leary ain't coming at this issue as a MAGA hack with an axe to grind but as a knowing voice from inside a certain wealthy class who are all too familiar with how these business transactions are traditionally done. And quite frankly - of which most of us on this board (including the talking heads reporting on it) have no real insight as to the norms of that world or experience in it.
If the State of NY doesn't think that there won't be some level of future fallout (politically, economically, or both) from this whole affair then I believe they are being very naive. Playing politically motivated games like this (and there is absolutely no doubt that political motives are heavily involved in this prosecution) have a way of coming back to haunt the side that instigates it. Politics is a "goes around comes around" sport and the political links to this prosecution will not be forgotten.
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Hall of Famer [24098]
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Re: Kevin O'Leary better watch out - I imagine he has some money tied up in NY and
Mar 21, 2024, 8:21 PM
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It's been made pretty clear by multiple politicians that New York is not open for business.
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All-In [42196]
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Re: Kevin O'Leary better watch out - I imagine he has some money tied up in NY and
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Mar 22, 2024, 7:53 AM
[ in reply to Kevin O'Leary better watch out - I imagine he has some money tied up in NY and ] |
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Quoz pretty much nailed it: If you're going to run for president and you're already a terrible person, and you surround yourself with terrible people yet you turn on them, don't get shocked when they turn you in. Trump asked for this and shouldn't be surprised it happened.
He wouldn't have been targeted otherwise because they wouldn't have known to target him.
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All-TigerNet [12249]
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Hall of Famer [24098]
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Re: Just saw this interview with R. Donahue Peebles - very wealthy man and certainly
Mar 22, 2024, 11:32 AM
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As long as you don't get out of line with the party, you'll be alright.
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Orange Blooded [4789]
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Re: Just saw this interview with R. Donahue Peebles - very wealthy man and certainly
Mar 22, 2024, 2:19 PM
[ in reply to Just saw this interview with R. Donahue Peebles - very wealthy man and certainly ] |
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Well I certainly hope he didn't think that supporting Marxists would allow him to escape their wrath. The left always eats his own and as a rich white dude he's public enemy #1 the moment he steps out of line.
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Head Coach [786]
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Re: Kevin O'Leary on comunist NY
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Mar 23, 2024, 7:30 AM
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OLeary is a crackpot.
The dude completely ignores the secondary mortgage market. The fraud that Donald Trump committed did have victims. Quantifiable victims.
Just as important, if the precedent is set that a loan applicant can blatantly lie repeatedly, the mortgage markets and securities markets in the United States will lack confidence and faith, interest rates soar, investment drops …….
go ahead and continue the list of negative economic impacts.
This is not complex folks. If we want to have the most stable and confident financial system on this planet, participants in the financial system are not allowed to lie and commit fraud.
I have no idea why this is hard to understand.
Keep bowing to the fat orange clown. He knows most of his supporters are gullible and / or flat out dumb.
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Orange Blooded [4789]
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Re: Kevin O'Leary on comunist NY
Mar 23, 2024, 8:24 AM
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Crackpot meet kettle. Crawl back under your rock moron.
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110%er [5694]
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Re: Kevin O'Leary on comunist NY
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Mar 23, 2024, 10:12 AM
[ in reply to Re: Kevin O'Leary on comunist NY ] |
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LOL stable and confident financial system!?
Yeah doesn't matter when that system is embedded in a declining nation with exponential growth of government corruption, led by the democrats, and exponential growth in government debt.
Hey, I'm riding it (market) like everyone else, but it will not and cannot continue perpetually.
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Hall of Famer [24808]
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Let's just do some Credit Default Swaps ala 2007/8... That'll stabilize it.
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Mar 23, 2024, 11:49 AM
[ in reply to Re: Kevin O'Leary on comunist NY ] |
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You're an absolutely clueless partisan hack.
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Legend [18026]
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Orange Blooded [2080]
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So, you advocate violence against one of the panelists?....
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Mar 23, 2024, 6:59 PM
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This is one reason a lot of women don't like MAGA.
Why do you think it's OK to talk about smacking Catherine Rampell? She's a very talented writer for the Washington Post. I don't always agree with her. But just sitting there and letting O'Leary filibuster doesn't mean she deserves to be smacked around.
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Hall of Famer [22948]
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Re: So, you advocate violence against one of the panelists?....
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Mar 23, 2024, 9:31 PM
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Because a frail emasculated insecure old man can’t do anything, so he talks tough about smacking around a woman. This is what worshiping the orange turd turns people into.
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Head Coach [786]
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Re: Kevin O'Leary on comunist NY
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Mar 24, 2024, 8:56 AM
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If you think there were no victims in this case, you have zero understanding of the secondary mortgage market, bond markets, interest rates, etc.
If loan applicants were allowed to lie on loan applications, as long as they paid the money back, our financial system would dwindle to a banana republic with soaring interest rates and greatly reduced market for mortgages, (residential & commercial) and ultimately negatively impacting general economic growth.
OK, you want specifics? Go online and look at the underlying securities in pools of mortgages in the secondary market. Find a pool with underlying loans where the borrowers were found to have committed fraud in the loan applications. Look at the price history of this pool. if you bought the pool before you knew about the fraud and sold the pool after you knew about the fraud, you bought high and sold low and were victim of the fraud.
Insert third world country here to look at countries that don’t have confident stable secondary mortgage markets and therefore don’t enjoy the economic stability and growth that we have in the United States of America.
🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸
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Orange Blooded [2479]
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Re: Kevin O'Leary on comunist NY
Mar 24, 2024, 9:44 AM
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He seems very insecure.
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Head Coach [786]
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Re: Kevin O'Leary on comunist NY
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Mar 24, 2024, 10:00 AM
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I don’t know if OLeary is insecure, but he is wrong on trump’s NY fraud trial.
100% objectively wrong.
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Oculus Spirit [81078]
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If laws shouldn't be prosecuted that have no victims, I have a 23 year old
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Mar 24, 2024, 4:05 PM
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unexpungable "expired fire extinguisher" violation labeled as a "crime" on my record I'd like to remove.
And what about DUI's? Why do we prosecute theme if no one is injured? Or speeding, or about a million other traffic laws? Or tax laws, or drug laws, or about 80% of all other laws where there is no clearly distinguishable victim, and no money is lost?
I'm all for that, but be prepared for your taxes to go up to pay for your local cops SWAT teams.
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Head Coach [786]
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Re: If laws shouldn't be prosecuted that have no victims, I have a 23 year old
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Mar 25, 2024, 8:53 AM
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Very valid points. DUI, etc.
But keep in mind, there are tangible victims when borrowers knowingly lie on loan applications. There are victims with financial losses and the losses can be quantified.
For anyone that questions this, take a quick evaluation of a couple mortgage pools in the secondary market.
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