46
   

Turning The Ballot Box Against Republicans

 
 
coldjoint
 
  -3  
Reply Thu 18 Jun, 2020 10:24 am
@Walter Hinteler,
Quote:
The Vatican urged Catholics on Thursday to disinvest from the armaments and fossil fuel industries

They are also globalists.
Walter Hinteler
 
  3  
Reply Thu 18 Jun, 2020 10:53 am
@coldjoint,
coldjoint wrote:
They are also globalists.
Indeed, the bishop of Rome, the Pope, is the chief pastor of the worldwide Roman Catholic Church (and head of state of the Vatican City State).
0 Replies
 
coldjoint
 
  -2  
Reply Thu 18 Jun, 2020 11:03 am
@glitterbag,
Quote:
Can you provide a link to Obama's beachfront mansion? You can't can you?

https://imagez.tmz.com/image/29/4by3/2019/08/21/29d731666b674f6a956eeb28531ec8b7_md.jpg
Can you see the beach?
MontereyJack
 
  3  
Reply Thu 18 Jun, 2020 11:28 am
@coldjoint,
So do you live on a different globe than the rest of us, joint? You're a globalist too, with your incessant prattle about worldwide Islam. You're just a virulkntly negativist one, rather than a positive one.
0 Replies
 
Baldimo
 
  -1  
Reply Thu 18 Jun, 2020 11:59 am
@coldjoint,
I'll bet she doesn't think Bernie has 3 homes either...

What's funny is that a majority of the news sites just called it a "vacation" home when in reality it's a beach/Island home. Here some info on it from realtor.com

https://www.realtor.com/news/celebrity-real-estate/barack-and-michelle-obama-marthas-vineyard-home/

It does raise the question, why hasn't property insurance gone up on the coastal property and why would someone so sure of sea level rise purchase a home that is going to be flooded in a decade? Unless the whole issue is a scam of course and the temp always changes and will forever change and there is nothing we can do about it...
0 Replies
 
bobsal u1553115
 
  1  
Reply Thu 18 Jun, 2020 12:58 pm
https://www.snopes.com/fact-check/obamas-mansion-marthas-vineyard/

Barack and Michelle Obama purchased a $15 million waterfront mansion on Martha’s Vineyard.
Rating
Unproven
Unproven
About this rating


On Aug. 22, 2019, TMZ first reported that former U.S. President Barack Obama and former first lady Michelle Obama were “locking down [an] incredible Martha’s Vineyard estate.” The gossip website cited several local sources, reporting that the Obamas were in escrow for a Vineyard property currently owned by Boston Celtics owner Wyc Grousbeck:

Multiple island sources tell us the Obamas are in escrow for the estate owned by Boston Celtics owner, Wyc Grousbeck. The former Prez and First Lady have been renting the house this summer and loved it so much, we’ve learned they made an offer. The property is listed at $14,850,000. Our sources say they’re paying less, but we don’t know how much.

The details of the potential sale were not made public at the time and, as TMZ reported, “it’s not a done deal just yet. We’re told there are contingencies so it’s possible it could fall apart.” The property in question in the affluent Massachusetts community was listed at just shy of $15 million and does have waterfront access.

As of Sept. 6, 2019, no sales report of the purchase had been logged with the Dukes County Registry of Deeds. We reached out to the Obama family press office to inquire about the status of the transaction but have not received a response. All major reporting on the topic, at that point, stemmed from TMZ’s “multiple island sources.” Neither the realtors nor representatives for Grousbeck provided statements to the news media.

In December 2019, the Martha’s Vineyard Gazette reported that the sale had been completed and that the new deedholder is a nominee trust representing the Obamas:

Former President Obama and his family are now permanent homeowners on Martha’s Vineyard, after completing the purchase this week of a large home situated on nearly 30 acres in the coastal perimeter of Edgartown.

The purchase price, recorded at 3:31 p.m. Wednesday with the Dukes County Registry of Deeds, is listed at $11.75 million. The buyer is a nominee trust representing the former First Family. The sellers are Wycliffe Grousbeck and Corinne Basler Grousbeck. Mr. Grousbeck is a private equity investor and owner of the Boston Celtics basketball team.

The deed lists the buyer as “James F. Reynolds, as trustee of The 79 Turkeyland Cove Road Nominee Trust.” Multiple news reports have identified Reynolds as a longtime friend of the former first family, but none of the documents available through the Dukes Country Registry of Deeds mention the Obamas by name.

As such, as of this writing we are unable to independently verify the claim that the Obamas purchased the property. If further details of the transaction come to light, we will update this page accordingly.

UPDATE [2 January 2020]: Updated to report that the property sale was completed in December 2019 with a nominee trust named as the purchaser.
Last Updated 2 January 2020
Published 13 September 2019
By
Alex Kasprak
https://www.snopes.com/fact-check/obamas-mansion-marthas-vineyard/
coldjoint
 
  -3  
Reply Thu 18 Jun, 2020 01:15 pm
@bobsal u1553115,
Is it on the beach?
glitterbag
 
  6  
Reply Thu 18 Jun, 2020 01:18 pm
@coldjoint,
Happily, you must not live on the East Coast.
coldjoint
 
  -2  
Reply Thu 18 Jun, 2020 01:27 pm
@glitterbag,
Quote:
Happily, you must not live on the East Coast.

Happily, I am smart enough to know what beachfront property is. You know, the link I could not supply. Laughing Laughing Laughing
Walter Hinteler
 
  4  
Reply Thu 18 Jun, 2020 01:35 pm
@coldjoint,
Well, the bedroom has doors that open to a private balcony with views of the Edgartown Great Pond, a barrier beach and the ocean beyond.
MontereyJack
 
  2  
Reply Thu 18 Jun, 2020 01:37 pm
@coldjoint,
no.
0 Replies
 
coldjoint
 
  -1  
Reply Thu 18 Jun, 2020 01:39 pm
@Walter Hinteler,
Quote:
Well, the bedroom has doors that open to a private balcony with views of the Edgartown Great Pond, a barrier beach and the ocean beyond.

In other words, a mansion bound to be underwater in ten years, right?
0 Replies
 
Walter Hinteler
 
  4  
Reply Thu 18 Jun, 2020 01:51 pm
@coldjoint,
coldjoint wrote:
Happily, I am smart enough to know what beachfront property is.


https://i.imgur.com/CQcFZIf.jpg

Half of being smart is knowing what you are dumb about, like knowing the difference between a waterfront and a beachfront.

0 Replies
 
Baldimo
 
  -3  
Reply Thu 18 Jun, 2020 02:29 pm
@bobsal u1553115,
So many words used to cover up for something there is nothing to cover up. We all know this belongs to the Obama's why else spend so much time giving cover to an article they claimed as "unproven"?

The desperation of political operatives like you is evident. Why do you only show up during election season? You very well could be the Russian troll everyone is talking about.
coldjoint
 
  -2  
Reply Thu 18 Jun, 2020 07:21 pm
@Baldimo,
Quote:
The desperation of political operatives like you is evident.

No wonder they lose.
0 Replies
 
Olivier5
 
  0  
Reply Fri 19 Jun, 2020 12:14 am
Personally, I did find the purchase of this ultra luxe mansion by Obama a bit obscene, climate-wise. What does the guy need it for?

It's not going to be under water in ten years though, unless it's built 2 inches above sea level...
bobsal u1553115
 
  3  
Reply Fri 19 Jun, 2020 07:45 am
@Olivier5,
Why is it obscene for Barrack Hussein Obama to have a large 2nd home on Martha's Vineyard but not the Kennedy's, Caroline Kennedy's home is worth $65,000.000. Reese Weatherspoon has a home there. Spike Jones owns one worth around $25,000,000. There are ton's of celebrities' homes there, most worth a lot more than the one Obama allegedly bought. So what?

How many homes does Trump own worth more than $12,000,000?

That one home is obscene? What measurable part to global warming did that one house add to global warming? Other than not buying a mansion, what did you do today to ameliorate global warming?

neptuneblue
 
  3  
Reply Fri 19 Jun, 2020 07:59 am
@bobsal u1553115,
bobsal u1553115 wrote:
How many homes does Trump own worth more than $12,000,000?


Depends on who's doing the accounting...

Quote:
Dodgy Bookkeeping Is a Trump Family Tradition
The latest revelations of questionable accounting echo the Trump Organization’s past practices.

By Timothy L. O'Brien
October 16, 2019, 1:15 PM EDT

How much is it worth?

Thanks to some inspired digging from ProPublica reporter Heather Vogell, it appears the Trump Organization has been massaging reported profits, expenses and occupancy rates at a pair of its Manhattan properties to make them look robust to lenders, but much less so to authorities who assess property taxes.

If this means that President Donald Trump’s company keeps two sets of books, it may be an attempt to secure lower interest rates on borrowings while keeping tax expenses down. A dozen real estate experts Vogell contacted couldn’t explain “multiple inconsistencies” in Trump Organization documents she showed them. The variations are “versions of fraud,” Nancy Wallace, a finance and real estate professor at the Haas School of Business at the University of California-Berkeley, told Vogell. “This kind of stuff is not OK.”

No, it’s not. It may amount to the same kind of financial fraud that sent two former Trump advisers, Paul Manafort and Michael Cohen, to prison. Cohen, in congressional testimony in February, accused Trump of falsifying records he provided to banks in 2011, 2012 and 2013.

“It was my experience that Mr. Trump inflated his total assets when it served his purposes, such as trying to be listed among the wealthiest people in Forbes, and deflated his assets to reduce to real estate taxes,” Cohen said, essentially portraying the president as a serial grifter.

The problems Vogell uncovered pertain to two signature Trump properties in Manhattan — 40 Wall Street and Trump International Hotel and Tower — and involve transactions and records she examined dated from 2012 to 2018. The Trump Organization, its lawyers and its accountants declined to respond on the record to Vogell’s detailed questions about the irregularities.

The Trump Organization has been at this game for a long time. When I interviewed its chief financial officer, Allen Weisselberg, in 2005 for a biography I wrote, “TrumpNation,” he told me that Trump valued 40 Wall Street at $400 million — at a time when it was assessed for property tax purposes at only $90 million.

Trump unsuccessfully sued me in 2006 for libel, arguing that “TrumpNation” damaged his reputation by including unflattering assessments of his business record and unfair speculation that he had spent decades inflating his wealth. Trump lost the suit in 2011, and during the litigation was forced to turn over his tax returns to my lawyers.

Fred Trump, the president’s father, taught his son the art of dodging assessments, taxes and record keeping.

In 1954, Fred was called before the Senate to testify about overcharging the federal government millions of dollars by inflating costs associated with a taxpayer-subsidized, Trump-owned housing development in Brooklyn. The government then banned Fred from bidding on federal housing contracts — the foundation for his family’s wealth. So he turned to state-subsidized developments. By 1966, a New York investigations board called him into embarrassing public hearings to explore how he had overbilled the state for equipment and other costs. Although he was never charged with wrongdoing, those hearings marked the end of Fred’s career as a major developer of publicly subsidized housing.

A devastating account of the Trump family’s finances and tax maneuvers that the New York Times published in 2018 revealed that Fred and his wife, Mary, structured their estate and the income it generated in ways both illegal and dubious. They ultimately transferred “over $1 billion in wealth to their children, which could have produced a tax bill of at least $550 million under the 55 percent tax rate then imposed on gifts and inheritances,” the Times reported. Instead, the Trumps paid $52.2 million in taxes, a rate of about 5%.

The Times also reported that Trump “received the equivalent today of at least $413 million from his father’s real estate empire.” It added that those riches flowed more fully due to “dubious tax schemes [Trump] participated in during the 1990s, including instances of outright fraud.” The Trumps did this, in part, by “grossly undervaluing” the properties they intended to pass on to their children. (A lawyer for Trump told the Times that the president, his parents and his siblings relied on outside advisers for tax planning purposes and that nothing they did was fraudulent.)

Weisselberg was Fred’s accountant as well as Donald’s CFO, and he has an intimate familiarity with the details of all of this. He cooperated with federal prosecutors in their investigation of Cohen’s dealings, and Vogell’s reporting is bound to renew interest in him. Vogell noted that Weisselberg’s son, Jack, was an executive at Ladder Capital, an institution that loaned money to Trump for 40 Wall Street.

The Manhattan district attorney’s office is currently battling Trump and the U.S. Justice Department for access to the president’s tax records as part of a criminal fraud investigation. Congressional committees have also subpoenaed Trump for his tax records, one of many requests he has refused to comply with. Vogell has given prosecutors and legislators more ammunition. As she observes in her ProPublica article, “New York City’s property tax forms state that the person signing them ‘affirms the truth of the statements made’ and that ‘false filings are subject to all applicable civil and criminal penalties.’”

Those battles are playing out, of course, amid an impeachment inquiry that has put the president in a tight corner in Washington. Given how investigations are proceeding around his businesses, he’s unlikely to find much wiggle room in New York, either.

https://www.bloomberg.com/opinion/articles/2019-10-16/propublica-s-trump-tax-and-accounting-findings-look-familiar
0 Replies
 
Olivier5
 
  -1  
Reply Fri 19 Jun, 2020 08:06 am
@bobsal u1553115,
He is a political leader; he should know better than keeping up with the ultrarich Joneses.
Sturgis
 
  3  
Reply Fri 19 Jun, 2020 08:15 am
@Olivier5,
How about the Clintons? The Mitch McConnell crew down in Kentucky? ...and other political people?

The Obama purchase was previously owned by a Boston Celtics biggie. Should a basketball team owner/manager/player etc. have such a fancy place?

The Obamas came by their money honestly and through years of hard work and dedication along with true leadership. They have the right to live where they want to and have a nice home or two.

 

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