• FlowVoid@lemmy.world
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    8 months ago

    Exactly, and Trump is being punished to prevent him from lying on loan documents in the present and future.

    • CableMonster@lemmy.ml
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      8 months ago

      He is being punished for running for president, that should be obvious. So again, please very directly tell me how people were harmed by trump. I can tell you how they benefitted.

      • FlowVoid@lemmy.world
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        8 months ago

        I already told you. He broke a law designed to keep New Yorkers safe. That means he put New Yorkers at unnecessary risk.

        It doesn’t matter if any particular person was harmed, just like it doesn’t matter if a drunk driver actually harms someone or if a person who shoots into a crowd actually harms anyone.

        It also doesn’t matter if anyone benefited from his illegal actions. If you put on an illegal fireworks show, maybe people benefit and maybe nobody gets hurt. You get punished nevertheless.

        The law is the law. When you break it, you face punishment. End of story. Even if nobody was actually harmed, even if some people benefited.

          • FlowVoid@lemmy.world
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            8 months ago

            When Trump lied on his loan documents, his NY lenders assumed unnecessary risk. Along with any NY institutions that dealt with those lenders.

            Are you suggestingthat lying on loan documents is okay as long as you pay the loan back.l? Do you routinely lie on your credit card and mortgage applications to get a better rate?

            • CableMonster@lemmy.ml
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              8 months ago

              Again, in underwriting they look at the properties and make a decision on their own. And what was the risk to New Yorkers? Who exactly was defrauded by trump?

              Is the only thing that was wrong the square footage on an apartment?

              • FlowVoid@lemmy.world
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                8 months ago

                The square footage was not the only thing that was wrong, you can read the court docs for the whole list.

                The entire basis of finance is that lenders get paid more when applicants have more risk. If you have a low credit score, lenders get paid more even if you make all your payments on time. But Trump lied, in order to avoid paying what they would have charged him if they knew the truth.

                It really sounds like you are admitting to lying on credit card and loan applications in order to get better rates.

                • CableMonster@lemmy.ml
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                  8 months ago

                  Firstly, you dont understand how they underwriting process works, if you are actually intersted I can explain it. Secondly, you have not been able to tell me directly who was harmed and how. In any other fine like this that I am aware of, you could directly point to what they did and who was harmed (no one was harmed). Do you see the problem when the fine is half a billion and its missing those basic details?

                  • FlowVoid@lemmy.world
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                    8 months ago

                    I don’t think you understand how the law works. If you break the law, you face the consequences. The penalty is meant to deter you from breaking the law again, it is not necessarily based on “who was directly harmed”.

                    There are thousands of people in jail right now who did not directly harm anyone. Do you see the problem when Trump thinks that the law should not apply to him?