this post was submitted on 29 Jan 2024
191 points (92.4% liked)

politics

19050 readers
3832 users here now

Welcome to the discussion of US Politics!

Rules:

  1. Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.

Links must be to the original source, not an aggregator like Google Amp, MSN, or Yahoo.

Example:

  1. Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
  2. Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
  3. No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
  4. Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
  5. No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.

That's all the rules!

Civic Links

Register To Vote

Citizenship Resource Center

Congressional Awards Program

Federal Government Agencies

Library of Congress Legislative Resources

The White House

U.S. House of Representatives

U.S. Senate

Partnered Communities:

News

World News

Business News

Political Discussion

Ask Politics

Military News

Global Politics

Moderate Politics

Progressive Politics

UK Politics

Canadian Politics

Australian Politics

New Zealand Politics

founded 1 year ago
MODERATORS
 

"Within days, Donald Trump could potentially have his sprawling real estate business empire ordered ‘dissolved’ for repeated misrepresentations on financial statements to lenders, adding him to a short list of scam marketers, con artists and others who have been hit with the ultimate punishment for violating New York’s powerful anti-fraud law,” the AP reports.

“An Associated Press analysis of nearly 70 years of civil cases under the law showed that such a penalty has only been imposed a dozen previous times, and Trump’s case stands apart in a significant way: It’s the only big business found that was threatened with a shutdown without a showing of obvious victims and major losses.”

you are viewing a single comment's thread
view the rest of the comments
[–] gravitas_deficiency@sh.itjust.works 51 points 8 months ago (2 children)

The obvious victims in this case were NY taxpayers in general, and the major losses were the unpaid taxes that could have been used for any number of important and worthwhile public projects.

[–] gregorum@lemm.ee 23 points 8 months ago* (last edited 8 months ago)

I cannot think of those for which Trump has more contempt. A dissolution of his so-called “empire” and a surrender of those assets to us, the People of New York, would be some sweet, sweet justice, as would banning both him and his sons from conducting business here, even if only for several years.

Not to mention the fact that it would completely and utterly destroy his identity as a “successful businessman“. 

[–] Telorand@reddthat.com 7 points 8 months ago (1 children)

Ultimately, the victims are kind of ancillary where fraud of this nature is concerned. Everyone involved could profit from the sale of cocaine, but that doesn't make the sale any less illegal. Likewise, you don't get to lie on your appraisal forms to game the system and generate free money, because that has long-term economic impacts far beyond the scope of direct victims.

[–] gregorum@lemm.ee 5 points 8 months ago* (last edited 8 months ago) (1 children)

I disagree. The victims only seem ancillary because they’re the faceless public. That doesn’t decrease the wrong committed nor the importance of the justice sought, nor even the value of the remedy issued by the court.

Just because the media can’t deliver it with a satisfying “SLAMS” or “WRECKS” or whatever superlative sells headlines this week takes nothing away from the scale of such a victory, should such a judgement be reached. The only losers would be the media for lack of some salacious story to sell with clicks to bait— and that’s not the point of any of this.

And Trump, of course. Isn’t that enough?

[–] Telorand@reddthat.com 2 points 8 months ago (1 children)

Yeah, and that's why I said "kind of." The faceless public is certainly the victim (as is always the case with anything related to Trump), but it's really hard to personify a nebulous group that will be indirectly affected in the coming years (or were affected in ways unseen over the years).

Fraud was committed, and fraud laws exist to protect the public and the markets from that kind of manipulation at their expense.

[–] gregorum@lemm.ee 2 points 8 months ago* (last edited 8 months ago)

The public is t harder to personify, they - we - are just less interesting and less salacious. “The public” being ripped off for the trillionth time doesn’t bait clicks and sell headlines. It doesn’t keep people glued to CNN and Fox News 24/7 with outrage watching ads for whatever they’re selling.

The media can’t sell your “kind of”