Opinion: Trump’s house of cards…

When the whole image, business and public persona is built on lie. The former President Donald J Trump and his Vice Presidents of the Trump Organization is in bigger trouble than ever before. Trump and his kin is now in dire jeopardy. This means that Ivanka Trump, Donald Trump Junior and Eric Trump could all loose licence and ability to run businesses. That’s serious implications, as well, as the possibility to cease all business operation of the Trump Organization itself. Meaning all the corporations connected and in the association with Trump Organization could all cease their works when the case is over.

The case in New York can be detrimental to them. The systemic fraud, tax evasion and wire-fraud. The inflated valuation of the real-estates for loans and decreased evaluation for the taxes. Are the manner of which the Trump Organization has earned fortunes. This is why this whole case is astonishing.

You know it’s really hard hitting when everything is pinned by the NY Attorney General:

The 16 defendants in this case include: Donald Trump, Donald Trump, Jr., Ivanka Trump, Eric Trump, the Trump Organization Inc., the Trump Organization LLC, the Donald J. Trump Revocable Trust, DJT Holdings LLC, DJT Holdings Managing Member, Allen Weisselberg, Jeffrey McConney, as well as the entities that received the loans that are the subject of the action, including: Trump Endeavor 12 LLC, 401 North Wabash Venture LLC, Trump Old Post Office LLC, 40 Wall Street LLC, and Seven Springs LLC” (NY Attorney General, 21.09.2022).

This case is just shattering how the Trump Organization and everyone involved did this deliberately. They had a scheme which was done in such a fashion. That they lied to the banks and also to the IRS. Not that anyone is a friend with the IRS or the banks, but lying to them for profit is illegal. This wasn’t technicalities, but what the Trump Organization did with all of their means.

The key areas of the 222 pages long lawsuit can boiled down to this:

The lawsuit alleges that Donald Trump, with the help of his children Donald Trump, Jr., Ivanka Trump, and Eric Trump, and senior executives at the Trump Organization, falsely inflated his net worth by billions of dollars to induce banks to lend money to the Trump Organization on more favorable terms than would otherwise have been available to the company, to satisfy continuing loan covenants, to induce insurers to provide insurance coverage for higher limits and at lower premiums, and to gain tax benefits, among other things. From 2011-2021, Mr. Trump and the Trump Organization knowingly and intentionally created more than 200 false and misleading valuations of assets on his annual Statements of Financial Condition to defraud financial institutions. This conduct was in violation of New York Executive Law 63(12), which gives the Office of the Attorney General (OAG) special and broad powers to go after persistent and repeated fraud and illegality, which in this case includes violating other state laws prohibiting the submission of false financial statements, the falsification of business records, and the commission of insurance fraud. As a consequence of these violations, OAG is seeking, among other relief, to: 1) permanently bar Mr. Trump, Donald Trump, Jr., Ivanka Trump, and Eric Trump from serving as an officer or director in any New York corporation or similar business entity registered and/or licensed in New York state; 2) bar Mr. Trump and the Trump Organization from entering into any New York real estate acquisitions for five years; 3) award disgorgement of all financial benefits obtained through the persistent fraudulent practices, estimated to total $250 million” (NY Attorney General, 21.09.2022).

This here just show how intentional it was done by the Trump Organization. It was year after year and done to secure beneficiary loans or lax taxes. They did this to ensure they paid less taxes and inflated the values to get better conditions on the loans. Therefore, they tricked the banks and the IRS. If a citizen or a low ranking civilian did this. The authorities would have asked for every penny back in a hot minute after the audit of the taxes. However, Trump Organization has been able to get away with it. As a sophisticated blue-collar crime. Now these sorts of violations, breaches and illegalities are catching up with him.

Donald J. Trump and his family members will feel this one. They might loose the ability to run businesses. The same could happen to his Vice Presidents of the Trump Organization too. The actions made by the company and everyone involved are now under jeopardy. After the civilian case in the Southern District of New York (SDNY). This could be pushed to a criminal case by the IRS or others. Therefore, this case is only the beginning.

It doesn’t help Trump’s case either that he pleaded the Fifth in the deposition with the Attorney General a month ago. That he plead the fifth over 400 times and avoided answering any question. It is verify and will be used by the Courts to pin it on him. In the same regard, this case has also shown yet again that he has “obstructed justice” and not followed “subpoenas”. Meaning he didn’t follow proceedings and keeping up with the investigation. That Trump and his company withheld vital documents, which was just kept at Mar-A-Lago and only found by the FBI search on the 8th August 2022.

Which was described like this: “But even after almost two years of litigation it appears that it may still be the case that not all responsive documents were produced. Among other things, in litigation over a search warrant executed at Mar-a-Lago on August 8, 2022, the United States District Court for the Middle District of Florida noted that “the seized materials include… correspondence related to taxes, and accounting information.” Trump v. United States, 22 Civ. 81294, Order, Docket 64 (S.D. Fla. Sept. 5, 2022). Documents concerning taxes and accounting information would appear to be responsive to OAG’s subpoenas, but no such documents for Mr. Trump were produced by counsel for Mr. Trump despite a representation by that counsel that: I “diligently searched each and every room of Respondent’s private residence located at Mar-a-Lago, including all desks, drawers, nightstands, dressers, closets, etc. I was unable to locate any documents responsive to the Subpoena that have not already been produced to the OAG by the Trump Organization.”” (NY Attorney General, 21.09.2022).

This is compelling and very obvious. It isn’t the first time either. All through the Trump Presidency. His White House and Staff wasn’t following subpoenas or the due process. There been so many times over the years, that Trump stalled or stifled the progression of any investigation. This is what his done and it’s well known. Now it’s just in print and in a Court Document. The NY Attorney General has surely show her finesse and ability to go into detail It will be hard for Trump and the Trump Organization to refute this in Court. Especially, when he pleaded the fifth on every single question ahead of the grand jury. Certainly, Trump and company should feel the burden of proof is on their hands.

Former President is now under the most pressure he has ever been. This could be the end of his lives work and his legacy as a businessman. The Trump Organization can easily be over after this. That is the end-game here and it must be stressful. You shouldn’t feel sorry for Trump or his Company. This has been in the making and the illegalities would catch up to him eventually. It isn’t like the IRS or the authorities would allow someone off the hook for not paying proper taxes. Neither would the banks accept being defrauded and mocked by the Trump Organization taking out these loans on false premises either. Because of all this… there is no real defence on doing it, but his lawyers will surely do their best. Though I have a hard time believing they have any grounds or ability to justify it either.

That’s why this solid case will be the start of everything unravelling. It goes to the heart of Trump. The acts of his business “empire” and what made him “rich”. Now the truth on how it operated and how it made money is shown to the world. Thing will never return to the same or be the same.

Former President Trump is now in trouble and he has nowhere to hide. Peace.

Opinion: Trump will not conquer the Silicon Valley

Today, former President Donald J. Trump have launched his Social Media platform – the “Truth Social”, as a part of the Trump Media and Technology Group (TMTG). This a formed business after a merger with Digital World Acquisition Group (DWAG). The TMTG will have initial growth with the capital from DWAG. So, it is the DWAG who funds the operation and TMTG.

The first launch is the “Truth Social” which is supposed to compete with Facebook and other social medias. That will be a hard battle and not something to easily compete with. Not like other sites haven’t tried and other entrepreneurs has done it’s bidding too. Yes, the hardcore Trump supporters will join in. Just like the few phony Republican’s who bought the “Freedom Phone” too.

That Trump will fight “big tech” isn’t surprising. As Trump needs a new hustle and new scheme to raise funds. Clearly with the evaluation of close to a billion before even launching or having a beta-version out. Heck, there are just pre-pre-signups to it. Therefore, his really betting on another people’s money. While social media haven’t been a cash-cow or an easy way of earning profits. Since, you need research and development. Always need for more updates and reignite to new platforms and versions of smartphones. That is a costly endeavour…

It’s hard to believe that this company will be able to fight the giants now. Since, the owners of other social media are so big, and they have such a “monopoly” over the various fields. In this regard, don’t expect TMTG to be able to compete with Google or Facebook. Heck, they have to battle to even compete with Yahoo. Seriously, they will be a 4Chan and a Reddit level of importance. Some might even say a own stage of IRL Chat or Discord server. Have a hard time believing in the launch or the credibility to beat “big tech”.

I’m old enough to remember Clifford “T.I.” Harris launching the social media site “Streetcred.com” and it never popped off. It was a flair and a try into a new field for the rapper and entrepreneur. However, it wasn’t all that and neither was the features on the sight anything to aspire too. Neither was your friends there or your family. So, it was only a few fans of T.I. and that’s it.

On this site and networks… it will be filled the Trump supporters and the Republicans who feels left out from the rest of the social media sphere. It will be a 4Chan and a Gab. I cannot see this becoming a true a competitor or even can gain so much traction. Since, the established ones have the familiarity and the people on it already. So, it’s a David against Goliath without even a proper tool to sling the stone.

I have a feeling this will be dissolved just like “Streetcred.com” did. Unless, he has enough gullible supporters and rich patronage who wants to fund the losing enterprise. Since, this will not be a winning a place or a profitable enterprise. No, this will be an endless money-pit with few to none avenues of finding places to gain revenue. Therefore, TMTG better hope DWAG gets more investors and financial muscles. They have a mountain to climb and need experienced people to pass over the mountain passes.

Trump has so many failed businesses. This would be another one… wouldn’t be shocked if this followed the airplane, vodka or steaks. Heck, this could be another casino venture of epic failure. So, the ones putting stocks into this and investing. The money is already lost and there will be no way of getting returns on the investment. That capital is gone and so in the name of the company as well. Peace.

Ye’ is now a lost-one: Gone Full-MAGA, Co-Signing Trump on a song!

And I’ll never let my son have an ego

He’ll be nice to everyone, wherever we go

I mean I might even make him be Republican

So everybody know he love white people” – Kanye West from the ‘New Day’ off the ‘Watch the Throne’ (Released in 2011).

I really didn’t want to comment on Kanye West, because what is there to say. He swallowed the “red-pill” and taken it so hard. It is hard to say anything else. If it is marketing scheme or pure love of Republican values? Who knows at this point?

I do not know about his brotherly love, I knew he met with Donald Trump on the 13th December 2016 and has continued from there. Who knows what really went down, as he has since then collected memorabilia and become brothers. Whatever that means for Trump who always needs some loyal snooze-buttons to further his agenda. As long as they steal the spotlight or not praising the President’s massive ego. Because that hurts him and then he will throw that person under the bus. Right now Ye is on the Trump-Train. For whatever reason that might be.

However, it is hard to make sense out of it, I had a feeling when he returned to Twitter, and was poetical and trying to mystic. That he had some sort of marketing plan behind it. Not like he would drop a project without any sort of foreplay. That wouldn’t be Ye. He needs the whole machine behind him, the orchestras and the whole company delivering the needs to played on every radio, be on the screens and be in talks of the town.

Now he steering into controversy. That must be because the beat he created to the recent song with T.I. sucked. The beat was boring and pale. It will not turn into fine wine, let me tell you that. It was neither soul or the beats we recognized from the past. Maybe it general laziness or that the controversy supposed to overshadow the quality of the song.

When Ye drops line like this on the ‘Ye Versus the People’, which was released yesterday:

I feel a obligation to show people new ideas

And if you wanna hear ’em, there go two right here

Make America Great Again had a negative reception

I took it, wore it, rocked it, gave it a new direction

Added empathy, care and love and affection

And y’all simply questionin’ my methods” – Kanye West (Ye Versus the People, 27.04.2018).

It is hard to hear these bars, these lines and take it as nothing. Because the man in the past didn’t sound like this. We all change, like I have had a personal political journey with life. But I have my reasons for my changes. Its been from a liberal to more socialist view, because of the visions of benefits for society. I wonder what is his reasoning for rocking it? What did he do, other than the meeting? Did he say to Trump to hire Ben Carson for having a brother inside the Cabinet? Because there aren’t any or much positive political policies for Ye’ kind or African-American Community, either less and harder policies hurting these communities. If it is immigration wise or if it economical. These communities are hit hard, also the suspension of government funded programs and so-on. There aren’t much or anything Trump has done to make better for Ye.

Therefore, I have to take some bars from College Drop-Out that was released on 2004:

Now niggas can’t make it to ballots to choose leadership

But we can make it to Jacob’s and to the dealership

That’s why I hear new music and I just don’t be feelin’ it

Racism’s still alive, they just be concealin’ it” – Kanye West (Never Let Me Down from the College Drop-Out, Released 10.02.2004).

It’s hard to hear the same man praising Trump and his agenda. A man that has no scruples to misuse White Supremacy, Anti-Immigration Slogans and let the state misuse ICE-Agents against own citizens. To get the support and Co-Sign from Ye. That is not easy, that is hard. Especially, when Ye used spit like this. It is hard and weird. No matter what reasons, it is hard. He has changed and Trump gave him a reason to do so, I guess. But at this point in time, the Republican’s are concealing their racism. They are doing it with the Dreamers, Muslim-Ban and everything else they can hit on minorities.

Therefore, it is weird to have Ye on this side of the political spectrum. It is like he is blind, because the President is praising him for his efforts. Taking a cup of tea in the Twinkle Tower in Manhattan and sipping the Kool-Aid. Who knows, but is not intelligent.

Even some bars from the Late Registration:

Went from bein’ a broke man to bein’ a dopeman

To bein’ the President, look there’s hope man

This that inspiration for the Moes and the Folks man

Shorty come and see his momma straight overdosin’” – Kanye West (Crack Music from the Late Registration, 30.08.2005).

I don’t know if he plans to drop inspirational bars like in the future, because he switched to Luxury Rap and self-involved material long time ago. Just like Lil Wayne has to spit about Codein, Sex and Haters. That is just the game for these guys. However, there has been a social conscious side of Ye’, it is still there, but a dramatic shift in topics and defense.

See that’s the problem with this damn nation

All Blacks gotta be Democrats, man, we ain’t made it off the plantation” – Kanye West (Ye Versus the People, 27.04.2018).

It is the narrative that has shifted, the defense of his acts now. Instead of being social conscious, he is now taking a very ordinary defense of Trump. It is like if we don’t like him, we have to be democrats. But that hasn’t been the direct issue, if it was the older conservative party, it would still have cracks, but it would have made more sense. That is why Powell and Rice was in the Bush administration. An Administration Ye’ spoke ill about, which did far less damage to the African-Community, than the current one. Even if the Bush Administration didn’t care much, they didn’t stop vital programs for the inner-cities and the poorest communities, in the same fashion as Trump. So the issues are really something significantly changed within the artist and person, Kanye West. Which wasn’t there in the past.

He is not the guy I used to listen too. Ye is gone full-MAGA. He will soon have talks directly with Tomi Lahren, be on Diamond & Silk, Hannity and whatever else craziness. Maybe even be on Fox & Friends and also InfoWars. Because why not? The hat shouldn’t be enough. If that is all, then it was easy treat from the President, instead of giving Ye something good for the time and energy. He is giving low-cost attribution for the Co-Sign and only one losing Ye. A fair trade for the President, indeed. 

That is a victory for Trump in all of this, he get a Co-Sign and it cost him nothing. Not even 130k pay-off. Just barely minimum and a signature. Better then the rip-offs of Trump University. Ye took and shake his hand, thought he was brilliant and moved to become a supporter. If so. Kudos Ye, your not as socially conscious as I thought you were, your spirit wasn’t as enlighten as I thought. Because, the possibility of getting caught in the world-wind took you and now, you were let astray. Peace.

%d bloggers like this: