New York’s corrupt Attorney General, Letitia James has filed a lawsuit against President Trump and his family.
She has accused him of, “engaging in years of financial fraud to enrich himself, his family, and the Trump Organization.”
Letitia James said her office is seeking to:
- Make Trump pay $250 million.
- Ban the Trumps from running NY businesses for good.
- Ban Trump and Trump Org from buying commercial real estate in NY for 5 yrs.
- We’re making a criminal referral to the US Department of Justice
BREAKING: New York Attorney General Letitia James announces lawsuit against former President Trump, three of his children and Trump Organization.
The suit alleges years of fraud, seeks to bar Trump from ever doing business in New York again and seeks $250 Million in penalties. pic.twitter.com/yFEBRyumHe
— MSNBC (@MSNBC) September 21, 2022
Former AG Bill Barr was asked to weigh in on the matter. Here’s what Barr said,
“This is not a criminal case,” Barr said. “To me, that says that she doesn’t have the evidence to make a criminal case. So she’s setting a lower bar and bringing this civil case. I don’t think it’s going to go any further. Now, it’s over 200 pages long with a lot of details about the valuation of properties.”
“But the fact of the matter is that real estate valuation of a complex real estate company like this is inherently very subjective. It depends what kinds of assumptions are used. Values can swing, depending on whether it’s viewed as a property that’s going to be split up or one that’s kept together and so forth. So it’s not an exact science,” Barr continued. “And the fact is that banks, sophisticated banks, don’t rely on every jot and tittle in the financial statements. They do their own assessments. They make themselves comfortable. Sometimes, they automatically discount that kind of submission. And they didn’t — no one — the loans were paid back. These were successful investments.”
“And the banks were paid back,” Barr added. “So, to have spent three years on this, seems to me, her trying to make good on a campaign promise that she was going to bring Trump down.”
— America Reports (@AmericaRpts) September 21, 2022
I’m inclined to agree with Barr here. Now, I’m not a lawyer by any means, not even close, but what Barr said makes sense.
Now, let me rant a little bit about this AG, and honestly, this isn’t even just about her. I’m sick and tired of the government wasting money on whatever frivolous lawsuits they feel like leveling against someone. There needs to be some serious repercussions for it.
One concept that I’m in favor of is meting out equal punishment on the person who introduces the lawsuit that is equal to that of which the defendant would have received had they been found guilty. For example, if a woman lies and accused someone of rape, but if found innocent and the woman knowingly lied, she should serve that same punishment that he would have received.
I think there needs to be something big that happens to people like this AG who wastes taxpayer money. They should at minimum be fined and should have to pay taxpayers back for wasting their money. They should also not be eligible to hold office. That will make people think twice before accusing someone of a crime or filing a lawsuit against someone willy nilly.