The Many Faces of US Politics...

[Gabriel_Hurl]

Guys - I don't even support Donald Trump - ok?

Also guys - here's me vigorously defending him daily since 2015.

[trueblue1234]

Guys - I don't even support Donald Trump - ok?

Also guys - here's me vigorously defending him daily since 2015.

But it's the Dems who makes him do it! 

[J70]

It's not just one "agency" overseeing these banks

There's layer after layer of oversight from federal state and local entities not to mention internal and external auditors.

Makes absolutely no sense that if what he did was fraudulent that it no one ever caught it

So why didn't they catch Madoff?

Someone else referenced the Big Short (whose author, if I recall correctly, you're a fan of) and how it detailed the regulatory and banking failures that led to the 2008 crisis. Why were there only one or two lone voices in the wilderness warning of what was to come even with all the supposed interlocking oversight?

I spent a few years in a regulatory enforcement agency myself. Given the available resources, it would take around 150 years for that agency to inspect all of the entities it enforces, and we're just talking setting foot in them, not taking a floor-to-ceiling look.

[whitey]

I'm under the gun today so a few issues to ponder

Was Trump the only one doing this?

If not, was anyone else investigated and prosecuted?

How many people "were in on it"-internal, external, regulators, auditors? Are they under investigation?

Banks have armies of lawyers and accountants who provide oversight on  these loans-what did they have to gain by just accepting Trumps valuations? 

[PadraicHenryPearse]

I'm under the gun today so a few issues to ponder

Was Trump the only one doing this?

If not, was anyone else investigated and prosecuted?

How many people "were in on it"-internal, external, regulators, auditors? Are they under investigation?

Banks have armies of lawyers and accountants who provide oversight on  these loans-what did they have to gain by just accepting Trumps valuations?

1. not relevant. plenty of people speed, do drugs etc. some are caught other aren't.
2.not relevant,
3. only by investigating will that be identified. there are plenty of examples of lack or negilant behavior which may not mean "in on it"
4. interest on loans for one!!!  I also think you have an over inflated expectation on oversight.. I say this with over 20 years of financial services in Ireland including stints at regulator.  Not the same the US....

it doesn't matter why Trump... I dont understand the fixation on this point... if he did something wrong, illegal or against the rules should he not be punished... why does anyone else matter.

[whitey]

I'm under the gun today so a few issues to ponder

Was Trump the only one doing this?

If not, was anyone else investigated and prosecuted?

How many people "were in on it"-internal, external, regulators, auditors? Are they under investigation?

Banks have armies of lawyers and accountants who provide oversight on  these loans-what did they have to gain by just accepting Trumps valuations?

1. not relevant. plenty of people speed, do drugs etc. some are caught other aren't.
2.not relevant,
3. only by investigating will that be identified. there are plenty of examples of lack or negilant behavior which may not mean "in on it"
4. interest on loans for one!!!  I also think you have an over inflated expectation on oversight.. I say this with over 20 years of financial services in Ireland including stints at regulator.  Not the same the US....

it doesn't matter why Trump... I dont understand the fixation on this point... if he did something wrong, illegal or against the rules should he not be punished... why does anyone else matter.

From a legal standpoint you are correct and I already said numerous times that if Trump broke the law he should face the consequences

My points are from a political standpoint

Putting aside for a moment that this is Trump, are you okay with an Attorney General prosecuting a political opponent for doing what is a common practice, while not prosecuting (or even investigating) hundreds if not thousands of companies who do exactly the same thing day every day of the week?

[Eamonnca1]

Dems now within 13 seats of keeping the House with 6 weeks to go to the election. 6 weeks ago they were 25 seats away. Still a long way to November 8th and more than enough time to close the gap to within the margin of polling error. If we do this, DC & Puerto Rico statehood and an expanded Supreme Court look a lot more doable. Expanded voting rights could deal another crippling blow to anti-democracy conservatives.  Legalized abortion could be codified at the federal level.

The overturning of Roe could go down in history as the moment when the MAGA white supremacists overplayed their hand and the checks and balances in the system came back to bite them. They've pushed that pendulum so far to the right that the swing-back is almost unavoidable at this point.

[PadraicHenryPearse]

I'm under the gun today so a few issues to ponder

Was Trump the only one doing this?

If not, was anyone else investigated and prosecuted?

How many people "were in on it"-internal, external, regulators, auditors? Are they under investigation?

Banks have armies of lawyers and accountants who provide oversight on  these loans-what did they have to gain by just accepting Trumps valuations?

1. not relevant. plenty of people speed, do drugs etc. some are caught other aren't.
2.not relevant,
3. only by investigating will that be identified. there are plenty of examples of lack or negilant behavior which may not mean "in on it"
4. interest on loans for one!!!  I also think you have an over inflated expectation on oversight.. I say this with over 20 years of financial services in Ireland including stints at regulator.  Not the same the US....

it doesn't matter why Trump... I dont understand the fixation on this point... if he did something wrong, illegal or against the rules should he not be punished... why does anyone else matter.

From a legal standpoint you are correct and I already said numerous times that if Trump broke the law he should face the consequences

My points are from a political standpoint

Putting aside for a moment that this is Trump, are you okay with an Attorney General prosecuting a political opponent for doing what is a common practice, while not prosecuting (or even investigating) hundreds if not thousands of companies who do exactly the same thing day every day of the week?

out of one side if your mouth it's common practice and out of the other it's auditors, regulators, lawyers couldn't let something like this happen.

leaving Trump aside, if you are high profile, if there are suspicions about you, expect some heat.

again not every speeder is caught. if what Trump is doing is wrong and others are also doing it, those people should be concerned especially if they have big profiles but there is finite resources for all this stuff I'd imagine... so not everyone will be caught.

[whitey]

I'm under the gun today so a few issues to ponder

Was Trump the only one doing this?

If not, was anyone else investigated and prosecuted?

How many people "were in on it"-internal, external, regulators, auditors? Are they under investigation?

Banks have armies of lawyers and accountants who provide oversight on  these loans-what did they have to gain by just accepting Trumps valuations?

1. not relevant. plenty of people speed, do drugs etc. some are caught other aren't.
2.not relevant,
3. only by investigating will that be identified. there are plenty of examples of lack or negilant behavior which may not mean "in on it"
4. interest on loans for one!!!  I also think you have an over inflated expectation on oversight.. I say this with over 20 years of financial services in Ireland including stints at regulator.  Not the same the US....

it doesn't matter why Trump... I dont understand the fixation on this point... if he did something wrong, illegal or against the rules should he not be punished... why does anyone else matter.

From a legal standpoint you are correct and I already said numerous times that if Trump broke the law he should face the consequences

My points are from a political standpoint

Putting aside for a moment that this is Trump, are you okay with an Attorney General prosecuting a political opponent for doing what is a common practice, while not prosecuting (or even investigating) hundreds if not thousands of companies who do exactly the same thing day every day of the week?

out of one side if your mouth it's common practice and out of the other it's auditors, regulators, lawyers couldn't let something like this happen.

leaving Trump aside, if you are high profile, if there are suspicions about you, expect some heat.

again not every speeder is caught. if what Trump is doing is wrong and others are also doing it, those people should be concerned especially if they have big profiles but there is finite resources for all this stuff I'd imagine... so not everyone will be caught.

Maybe the regulators/auditors didn't find it because it's not something they were not looking for it?

Maybe they weren't looking for, it because it's common practice and everyone does it and has been doing it for decades?

Anyway-going back to my question

Yes or no-are you okay with an Attorney General prosecuting a political opponent for doing what is a common practice, while not prosecuting (or even investigating) hundreds if not thousands of companies who do exactly the same thing day every day of the week?

[PadraicHenryPearse]

I'm under the gun today so a few issues to ponder

Was Trump the only one doing this?

If not, was anyone else investigated and prosecuted?

How many people "were in on it"-internal, external, regulators, auditors? Are they under investigation?

Banks have armies of lawyers and accountants who provide oversight on  these loans-what did they have to gain by just accepting Trumps valuations?

1. not relevant. plenty of people speed, do drugs etc. some are caught other aren't.
2.not relevant,
3. only by investigating will that be identified. there are plenty of examples of lack or negilant behavior which may not mean "in on it"
4. interest on loans for one!!!  I also think you have an over inflated expectation on oversight.. I say this with over 20 years of financial services in Ireland including stints at regulator.  Not the same the US....

it doesn't matter why Trump... I dont understand the fixation on this point... if he did something wrong, illegal or against the rules should he not be punished... why does anyone else matter.

From a legal standpoint you are correct and I already said numerous times that if Trump broke the law he should face the consequences

My points are from a political standpoint

Putting aside for a moment that this is Trump, are you okay with an Attorney General prosecuting a political opponent for doing what is a common practice, while not prosecuting (or even investigating) hundreds if not thousands of companies who do exactly the same thing day every day of the week?

out of one side if your mouth it's common practice and out of the other it's auditors, regulators, lawyers couldn't let something like this happen.

leaving Trump aside, if you are high profile, if there are suspicions about you, expect some heat.

again not every speeder is caught. if what Trump is doing is wrong and others are also doing it, those people should be concerned especially if they have big profiles but there is finite resources for all this stuff I'd imagine... so not everyone will be caught.

Maybe the regulators/auditors didn't find it because it's not something they were not looking for it?

Maybe they weren't looking for, it because it's common practice and everyone does it and has been doing it for decades?

Anyway-going back to my question

Yes or no-are you okay with an Attorney General prosecuting a political opponent for doing what is a common practice, while not prosecuting (or even investigating) hundreds if not thousands of companies who do exactly the same thing day every day of the week?

lost in if buts and maybes whitey...

I am OK with it because if not as banal as you infer. See previous posts..

similarly, I could ask you are you OK with an AG not prosecuting a political opponent  because of the visual of them being a political opponent if they are doing something wrong.

it appears you are ok with that as long as everyone else doing a similar wrong is prosecuted too... not every speeder or drug user is prosecuted.

why so concerned about Trump?  I would think he's done much worst in his life and this won't hurt him at all anyway.

[whitey]

The charges are garbage

The banks aren't stupid-they have some of the best and brightest attorneys and accountants overseeing these loan applications

Their work is further scrutinized by auditors and regulators

2 Manhattan DAs , Cy Vance and Alvin Bragg investigated these same charges using the same evidence and neither brought criminal charges against Trump

But the bottom line is you're on board with an AG targeting political opponents-fair enough

[PadraicHenryPearse]

The charges are garbage

The banks aren't stupid-they have some of the best and brightest attorneys and accountants overseeing these loan applications

Their work is further scrutinized by auditors and regulators

2 Manhattan DAs , Cy Vance and Alvin Bragg investigated these same charges using the same evidence and neither brought criminal charges against Trump

But the bottom line is you're on board with an AG targeting political opponents-fair enough

I am OK with wrongdoing being investigated and charges brought if there is a case there...  by your logical an AG can only prosecut those of a similar political preference....

to your first two point again, that hasn't prevented fraud, wrong doing  before so it is not 100%, this point seems lost on you..

if the charges are garage then surely Trump comes out stronger and cleaner.. he should welcome this type of challenge if nothing to hide...

[whitey]

The charges are garbage

The banks aren't stupid-they have some of the best and brightest attorneys and accountants overseeing these loan applications

Their work is further scrutinized by auditors and regulators

2 Manhattan DAs , Cy Vance and Alvin Bragg investigated these same charges using the same evidence and neither brought criminal charges against Trump

But the bottom line is you're on board with an AG targeting political opponents-fair enough

I am OK with wrongdoing being investigated and charges brought if there is a case there...  by your logical an AG can only prosecut those of a similar political preference....

to your first two point again, that hasn't prevented fraud, wrong doing  before so it is not 100%, this point seems lost on you..

if the charges are garage then surely Trump comes out stronger and cleaner.. he should welcome this type of challenge if nothing to hide...

Wrongdoing had already been investigated by 2 Separate Manhattan DAs and neither brought charges (and both  men would be considered hostile toward Trump)

And you are correct, if Trump gets off it's a win for him. (But this is a civil case so there's a much lower threshold so who knows how it goes)

[lenny]

The charges are garbage

The banks aren't stupid-they have some of the best and brightest attorneys and accountants overseeing these loan applications

Their work is further scrutinized by auditors and regulators

2 Manhattan DAs , Cy Vance and Alvin Bragg investigated these same charges using the same evidence and neither brought criminal charges against Trump

But the bottom line is you're on board with an AG targeting political opponents-fair enough

I am OK with wrongdoing being investigated and charges brought if there is a case there...  by your logical an AG can only prosecut those of a similar political preference....

to your first two point again, that hasn't prevented fraud, wrong doing  before so it is not 100%, this point seems lost on you..

if the charges are garage then surely Trump comes out stronger and cleaner.. he should welcome this type of challenge if nothing to hide...

Wrongdoing had already been investigated by 2 Separate Manhattan DAs and neither brought charges (and both  men would be considered hostile toward Trump)

And you are correct, if Trump gets off it's a win for him. (But this is a civil case so there's a much lower threshold so who knows how it goes)

Let's just hope that justice is done then and if he's guilty that it finishes him once and for all.

[PadraicHenryPearse]

The charges are garbage

The banks aren't stupid-they have some of the best and brightest attorneys and accountants overseeing these loan applications

Their work is further scrutinized by auditors and regulators

2 Manhattan DAs , Cy Vance and Alvin Bragg investigated these same charges using the same evidence and neither brought criminal charges against Trump

But the bottom line is you're on board with an AG targeting political opponents-fair enough

I am OK with wrongdoing being investigated and charges brought if there is a case there...  by your logical an AG can only prosecut those of a similar political preference....

to your first two point again, that hasn't prevented fraud, wrong doing  before so it is not 100%, this point seems lost on you..

if the charges are garage then surely Trump comes out stronger and cleaner.. he should welcome this type of challenge if nothing to hide...

Wrongdoing had already been investigated by 2 Separate Manhattan DAs and neither brought charges (and both  men would be considered hostile toward Trump)

And you are correct, if Trump gets off it's a win for him. (But this is a civil case so there's a much lower threshold so who knows how it goes)

I dont know much about the history. You might remember my initial comment was about white collar crime. That was all I wanted to add.

Auditors, lawyers, regulators etc. have all been around and there has been fraud and wrongdoing. You have tried to use those as a defense of defense of Trump that he could not do what he is accused of because of auditors etc.

I'll leave it there, I've no interest in the soap opera that is American politics...