Originally Posted by AZRWinger

As usual you just parrot talking points with no comprehension of what you write.



Cohen the convicted liar. A lawyer who has discarded the cardinal ethic of client confidentiality. Someone who has retained Clinton fixer Lanny Davis who engineered 12 hours of rehearsed testimony with the staff of notorious Trump hater Congressman Schiff.

But Cohen spews smears against his former client to try to get his jail time reduced and suddenly he has proven Trump's criminality. Never mind Cohen edited the excerpt to exclude the explanation for the valuation change, orange man bad is all that matters.

The source for the claim that a higher valuation would result in a lower premium comes from Cohen's testimony. To believe this it's necessary to conclude that premiums to insure a $290 million property will be lower than those to insure a $7 million property. Anyone who has a home mortgage or bought a car knows the higher the valuation the higher the premium, but there is no need for logic on the Resistance.

https://www.google.com/amp/s/www.blo...-investigators

Originally Posted by jimbo

The value increase of The Trump club Westchester is not that difficult to figure out if one spends a few minutes gathering facts rather than listening to TYT and other liberal talking point sources.

Trump spent 7.5 million in 1996 for the property and then renovated the property at a cost of millions. And then, 16 years later and millions of dollars spent, and the property value increased.

Over time, property values go up.
Renovations typically increase value. Often substantially.

One curious example is a mansion and surrounding 200-acre property that Trump bought in the mid-1990s in Westchester, New York. Back then, he paid $7.5 million. In 2012, according to the records Cohen submitted to Congress, Trump valued the property at $291 million. It’s unclear what supported the valuation, though the summary referred to integral “accompanying notes” that weren’t present in what Cohen filed.