This Gibbs guy is a character

The Savior wrote:Christ. Bob Gibbs cannot speak.

Hard to speak with balls in your mouth.

https://docs.house.gov/meetings/IG/IG00 ... 190226.pdf

Here is an example of the Truth in Disclosure form that Meadows made a huge deal about. Seems like he was wrong, which isn’t surprising.

Uncle Milty wrote:

slugsrbad wrote:

Uncle Milty wrote:

momadance wrote:Meadows is on an island of his own.

Setting himself up well for a future in the Trump Org.

I mean has Cohen here on the form filing, but he could have made it better by not being shrill about it.

I'd have to see the form to form an opinion. Also believe it could be argued that N/A is not a response in the negative.

Here you go...

https://twitter.com/mcculloughirvin/sta ... 6382920705

i mean, it doesn't matter now. the cult heard that once and that will forever be the truth.

The Savior wrote:Mr. Amash is first republican to actually ask reasonable questions and questions about trump

Yeah, thought it was a great moment when Cohen called out the Repubs on the Committee saying he thought it was interesting that 3+ hours into his testimony, not a single question was asked about Trump, et al.

EDIT:

"All I wanted to say is I just find it interesting, sir, that between yourself and your colleagues that not one question so far since I'm here has been asked about President Trump. That's actually why I thought I was coming today. Not to confess the mistakes that I've made. I've already done that, and I'll do it again every time you ask me about my taxes or mistakes. Yes, I've made mistakes and I'll say it now again and I'm going to pay the ultimate price and I am not here today and the American people don't care about my they want to know what it is that I know about Mr. Trump and not one question so far has been asked about Mr. Trump"

When applying for the Deutsche Bank loan (and, of course, to convince other NFL owners that he was rich enough), it was in Trump’s interest to appear as wealthy as possible. So, in the most recent financial statement, Trump added $4 billion to his assets with the previously unused and extremely nebulous line item “Brand Value.”

This is not uncommon. Maybe the near doubling of his worth is through something so subjective, but stupid things like brand get shoved into the "good will" portion of the negotiation, then those funds are sequestered for an agreed upon period of time incase the value is not there. Where theoretically that becomes a negotiation, I have more often seen it withdrawn by the acquirer leading to a court fight. I've never seen the litigation result in a positive result for the seller, which I have always categorized as this value being difficult to value over performance which is tangibly recognized. The frequent result is a name change, which is inevitable in an M&A anyway.

Now taking that intangible, and clearly speculative and trying to attribute it as personal wealth is a twist, but I never lived in the banking world.

Mrs. Miller is very disappointed!

thephan wrote:

When applying for the Deutsche Bank loan (and, of course, to convince other NFL owners that he was rich enough), it was in Trump’s interest to appear as wealthy as possible. So, in the most recent financial statement, Trump added $4 billion to his assets with the previously unused and extremely nebulous line item “Brand Value.”

This is not uncommon. Maybe the near doubling of his worth is through something so subjective, but stupid things like brand get shoved into the "good will" portion of the negotiation, then those funds are sequestered for an agreed upon period of time incase the value is not there. Where theoretically that becomes a negotiation, I have more often seen it withdrawn by the acquirer leading to a court fight. I've never seen the litigation result in a positive result for the seller, which I have always categorized as this value being difficult to value over performance which is tangibly recognized. The frequent result is a name change, which is inevitable in an M&A anyway.

Now taking that intangible, and clearly speculative and trying to attribute it as personal wealth is a twist, but I never lived in the banking world.

You are correct; it is not at all uncommon. What is uncommon, however, is for the bank, particularly a major bank, to accept the borrower's representation of intangible asset value without having the fair value of the intangible asset assessed. I will also note that even in cases where an acquiring company immediately discontinues the use of a trade name or trademark, there is almost always "defensive" value assigned to that IP. It will obviously be minimal but anything helps shift value from goodwill to an identified intangible asset.

Rep Gaetz under investigation by FL bar for his comments/threats towards Cohen

slugsrbad wrote:Rep Gaetz under investigation by FL bar for his comments/threats towards Cohen

Maybe they will discover all of Gaetz affairs and day spa trips.

Werthless wrote:

Wolfgang622 wrote:From his opening statement, the only thing specifically illegal I heard the president being accused of was the shenanigans with having his foundation pay off the fake bidder on the painting. The rest is unsavory and even immoral but not exactly illegal.

Havent watched anything today, but I thought his prepared opening statement pointed to the fraudulent valuations he would use to acquire financing and real estate tax rebates.

Oh yeah forgot about the real estate thing. So much to keep track of.

Is writing a check to someone from your personal funds to someone to keep them quiet a violation of campaign finance? Or you mean that it was the original payment that was illegal (since trump was evidently reimbursing Cohen)?

well i was wrong about the cult doubling down

it's at least triple, maybe more out there in the wilds

Meadows still can't read his own fucking form.

Khanna with a walk off hr line of questioning.

The Savior wrote:Khanna with a walk off hr line of questioning.

Do tell

Holy shit he's reading tweets from the hearing.

Meadows is a loser

momadance wrote:Holy #$!&@ he's reading tweets from the hearing.

Who? Just general people tweets?

thephan wrote:

momadance wrote:Holy #$!&@ he's reading tweets from the hearing.

Who? Just general people tweets?

GOPers who were saying Cohen begged for a job in the WH thus he's lying today.