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17 minutes ago, Biff Tannen said:

How does one get millions in loans forgiven by REFUSING TO PAY and not pay taxes on them?  Asking for myself, because if that is true, I'm going to rethink my life.

Quote

The forgiven debts largely were for the construction of a 92-story skyscraper in Chicago, which was completed just as the Great Recession got under way in 2008—with the global economy in shambles, the Trump Organization was unable to sell many of the tower’s multimillion-dollar condos, the Times reported Tuesday.

 

Trump, through two of his LLCs, had taken out more than $700 million in loans for the project from Germany’s Deutsche Bank and Fortress Investment Group, a private equity firm.

 

Trump refused to pay his debts when they came due, instead suing for “predatory lending practices” and seeking $3 billion in damages against Deutsche Bank.

 

The lenders, knowing Trump’s reputation for litigiousness and fondness for airing disputes out in public, chose to negotiate a settlement in which they forgave $270 million of the debt for which Trump was responsible.

Forgiven debt in most cases counts as income, but Trump used massive losses across his business empire to avoid paying almost all taxes on the forgiven loans, according to the Times.

There's your answer.  At that time, DB probably had some bigger fish to fry with CDOs and CDSs.

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9 minutes ago, TwiceHorn said:

There's your answer.  At that time, DB probably had some bigger fish to fry with CDOs and CDSs.

Aha, so I have to get in bed with a criminal banking organization.  That makes sense.

Is Deutsche Bank still operating?  Because they should be strung up with the others.

So, update on Trump's motions to dismiss.  The only serious one is the presidential immunity one, because it is writing on a blank slate.  The others are First Amendment and selective prosecution that are borderline frivolous.

The government has responded to all of them, and done a very good job.

I was worried about one aspect of the immunity motion and that is the appeal.  Immunity often carries with the immunity to liability, the immunity from having to stand trial, which sometimes means even pretrial proceedings, pending an appeal.  

But the government points out that the immunity in addition to liability is just to standing trial, not pre-trial proceedings.  In a civil case, it can mean discovery and the 'active" aspects of civil pretrial stuff, but not in a criminal case.

So, that would seem to mean that the case will proceed but not actually go to trial as long as an appeal is pending (Supreme Court doesn't count here unless they specifically order a stay of the case).

7 minutes ago, Biff Tannen said:

Aha, so I have to get in bed with a criminal banking organization.  That makes sense.

Is Deutsche Bank still operating?  Because they should be strung up with the others.

Our good friends here in Texas, the Hunt brothers, basically invented the "predatory lending/lender liablilty" lawsuit when the banks called in their silver loans.

3 minutes ago, TwiceHorn said:

Our good friends here in Texas, the Hunt brothers, basically invented the "predatory lending/lender liablilty" lawsuit when the banks called in their silver loans.

Those are the private religious school psychos, yes?

4 minutes ago, Biff Tannen said:

Those are the private religious school psychos, yes?

No, they are the ones that tried to corner the silver market back around 1980 or so, driving up the price to $50/ozt briefly, until it all crashed down.

 

6 hours ago, C-Man said:

This fuckstain just needs to become worm food. It's the only thing that will save us from him and his despicable family.

Dude. That's an awful thing to say. What do you have against worms?

21 minutes ago, Biff Tannen said:

Hard to keep up with the all the fuck sticks, my bad.

New Surly motto?

1 hour ago, Biff Tannen said:

How does one get millions in loans forgiven by REFUSING TO PAY and not pay taxes on them?  Asking for myself, because if that is true, I'm going to rethink my life.


white privilege 

55 minutes ago, Biff Tannen said:

Those are the private religious school psychos, yes?

Uh no. 

Awl men. Spawn of H. L. Hunt. Herbert, Bunker and Lamar, owner of the Chiefs. Although I think Lamar may not have been involved in the silver heist. Or was the chief. 

Clarkie, current owner of the Chiefs, went to TCA, which looks quite sane these days, for a private religious school, AFAIK. 

HL was a white supremacist piece of shit, but he was also born in 1889.  He'd fit right in today, though.

Edited by TwiceHorn

49 minutes ago, pantone159 said:

No, they are the ones that tried to corner the silver market back around 1980 or so, driving up the price to $50/ozt briefly, until it all crashed down.

 

What about the orange crop?

18 minutes ago, TwiceHorn said:

Uh no. 

Awl men. Spawn of H. L. Hunt. Herbert, Bunker and Lamar, owner of the Chiefs. Although I think Lamar may not have been involved in the silver heist. Or was the chief. 

Clarkie, current owner of the Chiefs, went to TCA, which looks quite sane these days, for a private religious school, AFAIK. 

HL was a white supremacist piece of shit, but he was also born in 1889.  He'd fit right in today, though.

I understand about nine words of that word salad.

5 minutes ago, MissingInAction said:

What about the orange crop?

Obligatory:

 

mqdefault.jpg

 

 

6 minutes ago, Biff Tannen said:

I understand about nine words of that word salad.

You really probably should know who is HL Hunt, as a Texan.  And by extension, his children, legitimate and otherwise.

Should actually google him up, some interesting aspects to the story and legit (not Trump) richest man in the world for a lot of his adult life.

Edited by TwiceHorn

1 hour ago, Biff Tannen said:

How does one get millions in loans forgiven by REFUSING TO PAY and not pay taxes on them?  Asking for myself, because if that is true, I'm going to rethink my life.

Socialism - get others to cover for your fuckups and basically give you free money (forgiven and no taxes paid).

If that Socialist Biden has his way, millions more people would get loans forgiven.

 

6 minutes ago, TwiceHorn said:

You really probably should know who is HL Hunt, as a Texan.  And by extension, his children, legitimate and otherwise.

Should actually google him up, some interesting aspects to the story and legit (not Trump) richest man in the world for a lot of his adult life.

Per wiki:

Quote

 

He did not go to elementary school or to high school. Later, he said that education is an obstacle to making money


 

This is not at all surprising to me.  Education, especially higher education, in my opinion, is in large part about learning how to interact and empathize with other human beings.  Understand how they experience the world and broaden your mind and ultimately make yourself a better human.  When money is your only driving goal, you can easily turn into a piece of shit that harms others.

3 hours ago, elfenix said:

Trump would filibuster his own attorneys on cross

In contrast to the "witness control" on cross-examination of hostile (not favorable or not your) witnesses, when you do direct examination of your witnesses, you want them to narrate their testimony without excessive prompts from you.  It makes a more persuasive story (and you aren't permitted leading questions on direct).  But your opponent will object successfully if your witness goes on too long, or wanders into irrelevance.  Can be a tough thing.

A lot of the time, it can be hard to get witnesses to do that at all.  But holy shit, what a disaster Trump would be.

13 minutes ago, Biff Tannen said:

Per wiki:

This is not at all surprising to me.  Education, especially higher education, in my opinion, is in large part about learning how to interact and empathize with other human beings.  Understand how they experience the world and broaden your mind and ultimately make yourself a better human.  When money is your only driving goal, you can easily turn into a piece of shit that harms others.

Well, remember, too, that he was school-aged from about 1900-1908.  But also read this. https://www.texasmonthly.com/news-politics/daddys-money/

52 minutes ago, TwiceHorn said:

In contrast to the "witness control" on cross-examination of hostile (not favorable or not your) witnesses, when you do direct examination of your witnesses, you want them to narrate their testimony without excessive prompts from you.  It makes a more persuasive story (and you aren't permitted leading questions on direct).  But your opponent will object successfully if your witness goes on too long, or wanders into irrelevance.  Can be a tough thing.

A lot of the time, it can be hard to get witnesses to do that at all.  But holy shit, what a disaster Trump would be.

He would blow his fucking top after about the third "Objection, relevance." 

It would be glorious.

1 hour ago, Biff Tannen said:

He did not go to elementary school or to high school.

So junior high is key?  Who knew?

This is not at all surprising to me.  Education, especially higher education, in my opinion, is in large part about learning how to interact and empathize with other human beings.  Understand how they experience the world and broaden your mind and ultimately make yourself a better human.  When money is your only driving goal, you can easily turn into a piece of shit that harms others.
Texas History is full of misfit white guys doing whatever the fuck they want, other people or the environment be damned.

Say what you want, but Alina seems like she'd a hell of a fun blind date.

image.png.9586ebc9c1f05135ee9517ba068d1dfb.png

14 minutes ago, Bullneck said:

Say what you want, but Alina seems like she'd a hell of a fun blind date.

image.png.9586ebc9c1f05135ee9517ba068d1dfb.png

I'd bind that over for trial....

2 hours ago, TwiceHorn said:

Uh no. 

Awl men. Spawn of H. L. Hunt. Herbert, Bunker and Lamar, owner of the Chiefs. Although I think Lamar may not have been involved in the silver heist. Or was the chief. 

Clarkie, current owner of the Chiefs, went to TCA, which looks quite sane these days, for a private religious school, AFAIK. 

HL was a white supremacist piece of shit, but he was also born in 1889.  He'd fit right in today, though.

Harrison has his name on a hospital in Dallas, too. 

  • Popular Post
On 8/3/2023 at 5:15 PM, WhatTheBuck said:

Keep an eye on Ohio’s special election on Tuesday. 

 

On 8/3/2023 at 5:19 PM, SimonBolivar said:

No offense but I trust ya'll about the same as I trust us in elections.

Hey buddy, just in case you thought I forgot that comment, I haven’t. Just wanted to say suck it. 

1 hour ago, Born to Run said:
2 hours ago, Biff Tannen said:
This is not at all surprising to me.  Education, especially higher education, in my opinion, is in large part about learning how to interact and empathize with other human beings.  Understand how they experience the world and broaden your mind and ultimately make yourself a better human.  When money is your only driving goal, you can easily turn into a piece of shit that harms others.

Texas History is full of misfit white guys doing whatever the fuck they want, other people or the environment be damned.

Well a lot of oil fortunes, which is really what Texas is "about," were made in the early 20th century when education wasn't really a thing here, or much of anywhere.

And, the persistence of an oil man back then, despite overwhelming failure, is probably not something a lot of educated men would have possessed (meaning mighty close to stupidity or recklessness).

Edited by TwiceHorn

4 hours ago, Underdog said:

That makes him smart according to him. 

He said it. I kinda agree. 

I mean, it makes somebody not smart, so... 

7 hours ago, The Dog said:

 

A mistrial for a bench trial. Okay.

5 hours ago, TwiceHorn said:

Uh no. 

Awl men. Spawn of H. L. Hunt. Herbert, Bunker and Lamar, owner of the Chiefs. Although I think Lamar may not have been involved in the silver heist. Or was the chief. 

Clarkie, current owner of the Chiefs, went to TCA, which looks quite sane these days, for a private religious school, AFAIK. 

HL was a white supremacist piece of shit, but he was also born in 1889.  He'd fit right in today, though.

Pretty sure Clark and his wife were driving forces in early book-banning initiatives in HPISD 5-6 years ago.

 

2 hours ago, Bullneck said:

Say what you want, but Alina seems like she'd a hell of a fun blind date.

image.png.9586ebc9c1f05135ee9517ba068d1dfb.png

There is a 99.89% chance she would murder you in your sleep.

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This is not my finest moment, but my dating life has been a wreck lately, so if she was buying the drinks...would.

I feel gross for a number of reasons. To be human..

14 minutes ago, safe sex said:

This is not my finest moment, but my dating life has been a wreck lately, so if she was buying the drinks...would.

I feel gross for a number of reasons. To be human..

24 minutes ago, C-Man said:

There is a 99.89% chance she would murder you in your sleep.

alina-habba-loses-it.jpg

 

5 hours ago, TwiceHorn said:

TCA, which looks quite sane these days, for a private religious school, AFAIK. 

Back in the late 80s-early 90’s there was a very lovely elite ice skater who trained at Plaza of the Americas downtown and went to TCA. I can’t quite picture her in my mind or remember her name but I was quite smitten for a minute. 
Sigh…

Edited by Bozo_Casanova

11 hours ago, tx 3 putt said:

Hmmm


I thought forgiven loans were the devil and socialism 

Post it everywhere. Make it a default response

6 hours ago, Bozo_Casanova said:

Back in the late 80s-early 90’s there was a very lovely elite ice skater who trained at Plaza of the Americas downtown and went to TCA. I can’t quite picture her in my mind or remember her name but I was quite smitten for a minute. 
Sigh…

Our good friend Chelsea Davis, RIP, erstwhile patent lawyer and florid bipolar schizophrenic, was a TCA grad.

ETA:  Correction, Clark, son of Lamar, current owner of KC Chiefs, went to St. Marks, not TCA.

Edited by TwiceHorn

7 hours ago, safe sex said:

This is not my finest moment, but my dating life has been a wreck lately, so if she was buying the drinks...would.

I feel gross for a number of reasons. To be human..

User name does not check out

My ex-wife was always whining about how she should have married her childhood friend Clark Hunt instead of me.

50/50 chance
- she was once in the same room with him
(probably at Kanakuk or Neiman Marcus)
- she blew him at church camp

On 11/6/2023 at 6:00 PM, Red Five said:

I watched a brief recap of this on the national news tonight (Lester Holt). No fucking wonder Dotard is leading in the polls. They treated this like "ho hum, just every day politics. Trump has his side and the AG has a different side. We'll see what happens. Btw, Trump is leading that old guy Biden in the polls. Anyway...."

That is a small exaggeration but not much.

Very succinct description of TV news. They don't find news themselves, they just get opinion quotes. They maintain an absolutely childish adherence to the notion that there are two approximately equal sides to every story.

They wouldn't have any news at all to report if it weren't for print journalism. They only cover predictable stuff. They love the election cycle because they can just about say the same thing in 2 and 3 year cycles with just a few name changes. 

They're fumbling the two biggest stories since WW2: Climate Cataclysm and the Fascist Threat to the USA. They handle them pretty much just as Red 5 describes. 

Our good friend Chelsea Davis, RIP, erstwhile patent lawyer and florid bipolar schizophrenic, was a TCA grad.
ETA:  Correction, Clark, son of Lamar, current owner of KC Chiefs, went to St. Marks, not TCA.

I figured every Texan would be familiar with the Hunt family. I don’t know if there is anybody more influential in the current national sports landscape than Lamar.
9 minutes ago, TexPx said:


I figured every Texan would be familiar with the Hunt family. I don’t know if there is anybody more influential in the current national sports landscape than Lamar.

In addition to the three families, there's a lot of other weird shit in their story, some of which I didn't know. That D magazine article above is pretty fascinating. 

And the current, ongoing AG Hill III stuff is pretty bizarre and fascinating. 

Edited by TwiceHorn

9 hours ago, safe sex said:

This is not my finest moment, but my dating life has been a wreck lately, so if she was buying the drinks...would.

I feel gross for a number of reasons. To be human..

spacer.png

Good editorial in NYT.  https://www.textise.net/showText.aspx?strURL=https%3A//www.nytimes.com/2023/11/07/opinion/trump-fraud-trial.html#site-content

Nothing particularly groundbreaking, I guess, but I like the way he puts things.  And it centers on the notion that Trump is, for maybe the first time in his life, really stuck in a highly factual forum, where his bloviation won't carry the day.

So I give it about ten minutes into her testimony before its clear she protecting herself and throwing her brothers completely under the bus.  

She's had more work done recently. Starting to look like Cher.

 

77557659-12722691-image-a-138_1699454132

77555373-12722691-image-a-129_1699451759

enews_20230306_cher_352821_560x315_21790

 

8 minutes ago, BamaATL said:

So I give it about ten minutes into her testimony before its clear she protecting herself and throwing her brothers completely under the bus.  

spacer.png

 

"This thing is bigger than my dad. This is big bank business, not a real estate issue. Look at him. Kareem Akbar. He's the head of the Trump Organization. That's right. The educated brother from the bank. He's the real head of the Trump Organization." 

Well she & Jared gifted a couple billion during their WH stint so she's obviously got the $ to change her looks. Plus she may be laying the foundation for a total makeover so she won't be identifiable when she's forced into exile in Europe because the MAGAts think she turned against her dad.

2 hours ago, locodos said:

User name does not check out

What sex is safer than no sex at all?

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