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Friday, April 22, 2022

Political prosecutions of Trump going nowhere.

 SHOULD HAVE ALREADY BEEN THROWN OUT

PATHETIC ATTEMPTS TO DAMAGE TRUMP 


We continually hear of the investigations and coming indictments into Donald Trump's business. Most of the investigations are pathetic, laughable and without merit. It is just another attempt to damage Trump for ever.  So, let's take a look at the accusations levied against Trump's business in New York.

The first is a grand jury that has been meeting in New York city for months. While all the speculation and daily reporting claim that it is a serious investigation it appears even the district attorney fears actually bringing a indictment due to the friviolius nature of the investigation.

It all revolves around the attempted squeeze of his accountant, a person who has been an employee of Trump corporation for decades. If you remember how the Manhattan DA had him perp walked for the media to bring charges of Income tax evasion. The issues were that for 20 years of service Trump gifted him a car and supposedly this elderly man did not pay taxes on the gift. Also, it is reported that Trump paid tuition for one of this mans sons and again failed to pay taxes on the tuition aid. No wonder the DA is hesitant to bring this to trial as he may very well be embarrassed by the whole affair and Trump may be viewed as a loyal and generous employer. Certainly not the result they would want, the appearance of law breaking would be more valuable.

Then there is the obvious political investigation by the partisan New York State Attorney who ran her campaign on "Getting Trump". Her investigation revolves around whether Trump corp. intentionally under estimated the value of his real estate in an effort to reduce his property taxes. A very legal and economic sound tactic used by most real estate owners. Real estate value is a very subjective figure only really validated by an actual sale and it is a continually moving target. The value is determined by the assessment office and can be appealed, a typical practice that is engaged in by many. A charge that is again a joke.

Then the other charge is fraud. They charge that the Trump company inflated the value of their real estate in order to obtain loans from lending institutions. The bank determines the value of any property that is used for collateral or that the bank is loaning money to purchase. While the borrower may claim any amount, the decision is up to the lender to determine the value. Again an ever changing number determined by the market, another joke. All these investigations are just being used to tarnish the reputation and honesty of the Trump business, which until he became a political foo was actually a sound reputation.  

It is doubtful that any of these investigations will ever go to a trial as it will then be revealed the political motivation behind these investigations and also may be proof and evidence upon which Trump will be able to sue for damages.


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