The Information the Left is Desperate to Keep From the American Public
And, This is Just the Stuff at the Surface
To begin with, The Left is real tight with the Poor. They participate in photo ops showing how much they ‘care’. They label all their legislation with Poor-Friendly names - it’s only when you dig further into the actual words of the bills, that you realize that the REAL objective of the legislation is to provide a way to funnel all that taxpayer-provided cash to their donors, their cronies, and their families.
When they want to demonize the Not-Left, they accuse them of ‘hating the poor’, ‘wanting us (?) back in slavery’, and ‘taking away rights’. All of those slogans designed to whip up the voters, the Dead, and the ‘Allegedly Legal’ sorta-voters to put them back in office.
The Left just don’t want to live near them, send their kids to schools with minorities, or to give up any of THEIR money to change the lives of people in poverty.
That’s for those suckers, the taxpayers, to do.
I know I’m spitting into the wind, as little of this information will reach those who truly need to read it - their minds are so closed they couldn’t/wouldn’t even understand why the ‘Trump Fraud Trial’ was NOT Fraud!
For those few who’ve read this far,
Trump’s valuation of his assets, while arguable, is NOT fraudulent. There is often a disparity between what YOU say your holdings are worth, what the BANK says they are worth, and the Truth, which is usually somewhere in between.
Think of how Pawn Stars operates - there is the value the owner puts on their stuff (often based on recent sales of similar items), and then, there is the value the Pawn Shop owners put on the stuff (based largely on what might be the lowest they could get, minus their expenses and a profit).
There is the value the tax assessors put on property - it is FAR below what the property could raise in a sale. If you don’t believe me, check this out with a property I sold last summer:
The house at 1131 Christopher Circle, Rock Hill, SC. We bought at $143,000 in 2007.
It sold last summer at $226,000 - yes, for once, we made a decent profit (of course, we also made improvements - windows, roof, landscaping, foundation, electricity, etc).
The tax assessor - in 2023 - assessed it at $154,095
Did we cheat the buyer? No. Assessed value is always lower - sometimes a LOT lower.
Now, as for Mar A Lago - the properties are BUSINESSES. So, square footage is not going to be comparable to HOMES (which would be appraised lower). But, just for reference, a nearby condo development, with 3-bedrooms and just under 2,000 feet total, is selling at nearly ONE MILLION EACH!
The valuation was made during a time when Trump could reasonably expect to be returned to the White House for his second term. I think it’s fair to say that interest in properties in that location would be increasing, not decreasing.
Further, the lenders stated that the loan was paid in full, they were satisfied with the outcome, and they would be happy to lend to Trump again, as he has a record of being a good bet.