I’m back.   Got bored for a time as well as busy, so some things became less so often done.  But with this most explosive in our lifetime election coming up, I decided to jump back in.  But based on the current political volatility, I must first do this:

Disclaimer:  The words and content of this blog are intended to be satire.  They are not written or published with the intent to incite riot or cause physical harm. Rather they are intended to cause reflection, raise awareness, and hurt feelings.  I further attest that I am not a foreign agent, nor do I have any affiliation with non-domestic organizations.  I am on no private payroll and receive no funding or backing from any foreign agency. I affirm that I am legally sane and suffer from no mental disorders that cause me to have these thoughts and follow on desires to make them public.  Lastly, I did not kill myself.

First up, Trump’s New York fraud lawsuit.  Bluntly, it is bullshit. The NY District Attorney, Letticia James has averred that Trump over inflated the values of certain properties that he used as collateral for loans.  This gave him more favorable interest rates, saving him money.  He may have stated Mara Lago is worth 100 million dollars when it is worth fifty million. Certainly not the $18 million the buffoon judge stated.

Trump made his case, showed how they came to those valuations and told the bank to do their own.  Given the amount he was borrowing, I’m sure they did.

Here’s a simple similar example. Let’s say I want to borrow $100 from the bank to make a purchase. The bank requires collateral.  I present a Timex watch. I say it is worth $200, even though I bought it last year for $50.  I say it has appreciated in value based on age, scarcity, and the fact that I, a world famous satirist own it.

The bank does a credit check on me and an appraisal of my watch.  If they agree that based on my age and their appraisal they loan me $100 at 5% interest.  If they disagree, they can deny the loan entirely, offer me less money for the loan, or loan me the $100 at a higher interest rate, say 10%. They give me terms to repay the now $105 loan in 6 months.

I pay the loan back in four months. The bank is thrilled.  They look for the day I want to borrow money again since I have proven myself a responsible borrower.  No one lost money. Everybody won.

New York is claiming that somehow the bank Duetsche, I think, was injured by Trump’s over valuations of his collateral.  You can’t show me how.  He borrowed the money and paid it all back with interest and on time. The bank lost nothing, in fact MADE money on the interest Trump paid during the term of the loan. DA James is claiming there is a fire here, when all that is here is a match and kindling.

The bank could have, or should have done appraisals on Trump’s collateral.  Based on that they decided he merited the loan at these specific terms.  It was a business risk on their part; loaning money always is.  They could have said no, or loaned less, asked for more collateral, or given him a higher interest rate. But it cost them nothing, they lost nothing. 

Trump committed no crime.  This should be overturned at appeal. Especially given how the judge stated before the trial even started that he believed Trump was guilty.