Rant or Rave Wednesday
Trump Ordered to Pay Exorbitant Amount by New York Court
Ever since Trump decided to run for president for a second term, a flurry of lawsuits from corrupt district attorneys across the nation have ensued. It is part of the Left’s plan to destroy the man who dares do the bidding of the average American citizen. For far too long, those who rise to power have been primarily self-serving. Maintaining their prestigious positions is far more important than serving the interests of the people. In fact, many of the policies they perpetuate are designed to increase the power of the federal government, the people’s interest be damned.
Trump was different. Unlike Presidents Obama, Biden, Clinton, and others, who gained wealth after they left office, President Trump was rich before he won the presidency. His brand and net worth were greatly reduced after his first term. This is an objective fact that the left avoids because it is impossible to spin. Yet, he wants to run again despite the vicious attacks. This is what attracts the average American voter to him, and as Trump has garnered more support, the left has been whipped into a frenzy. Enter a stream of illegitimate litigations.
One of these lawsuits is brought to you by the incompetent Attorney General Letitia James from New York State. She contends that Trump overvalued his assets years ago for a loan. Yup, that’s all folks. While applying for a loan from a bank, Trump claimed that his properties and assets were worth a certain value, and NYS AG James claims that those values are overinflated. As a result, a court has ordered Trump and his organization to pay $354 million plus interest.
To give you an example of how ludicrous the situation is, let’s look at Trump’s Mar-a-Lago property. While filing for the loan, Trump valued this 62,500-square-foot property to be worth at least $420 million, while the court is claiming that its worth falls between $18 and $27 million. This is absurd. Let’s dig a little further. One of the closest properties to Mar-a-Lago is listed at $150 million, which is 1/10th its size. There is also a nearby plot of land currently on the market for $200 million. You read that correctly – there is nothing on this lot, no banquet halls, no golf courses, no swimming pools, just a large piece of land, and even that is worth more than 7 times what the court is claiming Mar-a-Lago is worth.
Keep in mind the unscrupulous NYS Attorney General Letitia James could have brought this lawsuit at any time, but she didn’t. She waited until he ran for office to ‘hold him accountable.’ And she does this as crime, homelessness, and gang violence is soaring in New York. The banks who gave Trump the loan have sided with him during the trial, declaring that not only were they repaid in full, but that they made money off of the former President and wanted to do more business with the Trump Organization. There is no victim here.
So now, for the sin of supposedly inflating his assets, the judge presiding over this case, Judge Arthur Engoron – an idealogue if there ever was one – has ruled that Trump must pay this exorbitant amount. If this isn’t madness, I don’t know what is. Having already corrupted and destroyed academia and governmental departments, the Left is now exerting its madness through the judicial branch.
We’ve heard the term ‘threat to democracy’ spewed from Democrats’ and the media’s mouths incessantly. Since January 6th, the swamp has regurgitated those words when referring not just to Trump but also to anyone who likes Trump’s policies. They even went as far as to label ordinary parents and traditional Catholics as potential domestic terrorists.
Those who prefer individual liberty, a robust education system, a good economy, a sound foreign policy, or a safe border are supposedly threatening the foundation of our country. What a load of garbage. In just three short years, Biden, or whoever is controlling him, has diminished American power, damaged our economy, and rendered our Southern Border nonexistent. The stability of the United States and its standing in the world are being tossed out the window, and we are, sadly, a country in decline.
Check out Professor Nick Giordano’s interview with Dr. Dave Collum on The American Economic Disconnect and the Coming Storm
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