RLLD 4,230 Posted July 16 Mortgage Fraud Pure political cronyism. This is what I did not want to see. Doing the very thing your enemies did to you is not who we want to be...... We should all oppose this Share this post Link to post Share on other sites
TheNewGirl 1,494 Posted July 16 Schiff is a terrible man, another CA politician that figures "rules for thee." Also, he's one of those guys that I never have to meet, but he skeeves me out. There is something about him that I get strong gut feelings for; smarmy, gross. 2 Share this post Link to post Share on other sites
Tree of Knowledge 1,859 Posted July 16 Republicans have taken the high road too long. Schiff is a scumbag. Share this post Link to post Share on other sites
RLLD 4,230 Posted July 16 I do not concur we should revisit the lawfare liberals have used back upon them. I agree that Schiff is an absolute scumbag. But just because we hate him does not mean we should abuse systems of government and law to take him down. That is what liberals do, and while it might seem rewarding to so it back....to what end? We cannot become the thing we oppose. Its more challenging to be the good people, I get that, but we have to do it. We should oppose this move. Share this post Link to post Share on other sites
TheNewGirl 1,494 Posted July 16 2 minutes ago, RLLD said: I do not concur we should revisit the lawfare liberals have used back upon them. I agree that Schiff is an absolute scumbag. But just because we hate him does not mean we should abuse systems of government and law to take him down. I agree. Share this post Link to post Share on other sites
seafoam1 3,031 Posted July 16 15 minutes ago, RLLD said: I do not concur we should revisit the lawfare liberals have used back upon them. I agree that Schiff is an absolute scumbag. But just because we hate him does not mean we should abuse systems of government and law to take him down. That is what liberals do, and while it might seem rewarding to so it back....to what end? We cannot become the thing we oppose. Its more challenging to be the good people, I get that, but we have to do it. We should oppose this move. If he's breaking the law. Go get him. If he's not, no need to make shlt up because you hate his disgusting life. Share this post Link to post Share on other sites
squistion 2,203 Posted July 16 Political persecution? Of course it is. And if anyone believes otherwise I have a bridge to sell you. 1 Share this post Link to post Share on other sites
Hardcore troubadour 15,439 Posted July 16 I’m very happy to see this lawfare. I’m hoping for much, much more. Share this post Link to post Share on other sites
Cdub100 3,909 Posted July 16 1 hour ago, RLLD said: Mortgage Fraud Pure political cronyism. This is what I did not want to see. Doing the very thing your enemies did to you is not who we want to be...... We should all oppose this At some point you have to fight back. Trump and Republicans can't just sit there and let the Democrats run them through the courts. 1 Share this post Link to post Share on other sites
MDC 7,431 Posted July 16 If it’s true, throw the book at him. This sort of thing is so common in DC I doubt much happens beyond a fine. Share this post Link to post Share on other sites
Strike 5,553 Posted July 16 I don't want reverse lawfare, but I don't want laws and prosecution ignored just because someone is in a position of power or in the other party either. Based upon what I've read the case on Leticia James is legit. If this one is it should go forward as well. FTA: Quote But a confidential Fannie Mae memo, shared with The Post by another administration official also on condition of anonymity, said that Schiff “engaged in a sustained pattern of possible occupancy misrepresentation on 5 Fannie Mae loans. This sounds like a pattern of misconduct. But I'll wait for more facts before passing final judgment. 2 1 Share this post Link to post Share on other sites
RaiderHaters Revenge 4,351 Posted July 16 1 hour ago, MDC said: If it’s true, throw the book at him. This sort of thing is so common in DC I doubt much happens beyond a fine. Agree to both comments Share this post Link to post Share on other sites
The Real timschochet 6,770 Posted July 16 Nobody here yet has taken the correct position which is: If Schiff is charged with a crime that will be a political prosecution. But when Trump was charged with crimes it was not political, it was because Trump committed crimes. Share this post Link to post Share on other sites
Hardcore troubadour 15,439 Posted July 16 6 minutes ago, The Real timschochet said: Nobody here yet has taken the correct position which is: If Schiff is charged with a crime that will be a political prosecution. But when Trump was charged with crimes it was not political, it was because Trump committed crimes. Trump bad, Schiff good. Just say it you wuss. Share this post Link to post Share on other sites
TheNewGirl 1,494 Posted July 16 It was 100% political with Trump. But then I am not shocked that this is coming from you. 1 Share this post Link to post Share on other sites
EternalShinyAndChrome 4,107 Posted July 16 2 hours ago, TheNewGirl said: Schiff is a terrible man, another CA politician that figures "rules for thee." Also, he's one of those guys that I never have to meet, but he skeeves me out. There is something about him that I get strong gut feelings for; smarmy, gross. He's Lady Squidtard's FAVORITE politician, hand's down. He literally reported people at the other forum for calling Schiff "bug-eyed" and got them suspended. True story. Share this post Link to post Share on other sites
weepaws 3,194 Posted July 16 Another reason why California needs to sink Share this post Link to post Share on other sites
Strike 5,553 Posted July 16 https://x.com/LL_PATRIOT/status/1945149712744509501 Share this post Link to post Share on other sites
The Real timschochet 6,770 Posted July 17 14 hours ago, TheNewGirl said: It was 100% political with Trump. But then I am not shocked that this is coming from you. And I’m not shocked you think this. But I honestly do believe that Trump committed crimes and it was only the DELAY in his prosecution that was political. And this has nothing whatsoever to do with my view of him as a politician or person. Share this post Link to post Share on other sites
5-Points 3,535 Posted July 17 20 hours ago, RLLD said: I do not concur we should revisit the lawfare liberals have used back upon them. I agree that Schiff is an absolute scumbag. But just because we hate him does not mean we should abuse systems of government and law to take him down. That is what liberals do, and while it might seem rewarding to so it back....to what end? We cannot become the thing we oppose. Its more challenging to be the good people, I get that, but we have to do it. We should oppose this move. I get what you're saying, and, there was a time I agreed with this sentiment. But when your opponent is constantly eye gouging, fish hooking, hitting you in the back of the head and below the belt and you keep complaining to the ref but all he does is throw his hands up, those become the new rules of the game. And you better start doing it back if you want to defeat them. The Dems turned politics into a street fight. There are no rules in a street fight. Share this post Link to post Share on other sites
TBayXXXVII 2,546 Posted July 17 4 hours ago, The Real timschochet said: And I’m not shocked you think this. But I honestly do believe that Trump committed crimes and it was only the DELAY in his prosecution that was political. And this has nothing whatsoever to do with my view of him as a politician or person. We know the Trump trial in NY was a sham the second the judge never sentenced him. We know this because, if there was a sentence, Trump appeals to a higher court and will be found not guilty. The trial was 100% election interference. Share this post Link to post Share on other sites
Meglamaniac 510 Posted July 17 21 hours ago, squistion said: Political persecution? Of course it is. And if anyone believes otherwise I have a bridge to sell you. I told you Trolls need thier bridges, stop selling them Share this post Link to post Share on other sites
EternalShinyAndChrome 4,107 Posted July 17 Everyone - we have an OFFICIAL Adam Schiff thread here: Please post in there instead. Share this post Link to post Share on other sites
squistion 2,203 Posted July 17 14 minutes ago, EternalShinyAndChrome said: Everyone - we have an OFFICIAL Adam Schiff thread here: Please post in there instead. No I won't post in a thread that calls him "Bug Eyes" This thread was started before yours so I'll post about Schiff here instead or perhaps start a thread for each future news item about Schiff. Share this post Link to post Share on other sites
iam90sbaby 2,611 Posted July 17 22 hours ago, RLLD said: I do not concur we should revisit the lawfare liberals have used back upon them. I agree that Schiff is an absolute scumbag. But just because we hate him does not mean we should abuse systems of government and law to take him down. That is what liberals do, and while it might seem rewarding to so it back....to what end? We cannot become the thing we oppose. Its more challenging to be the good people, I get that, but we have to do it. We should oppose this move. Uhhh yeah we should. Share this post Link to post Share on other sites
peenie 1,915 Posted July 17 Ways to read this article: Share this post Link to post Share on other sites
TBayXXXVII 2,546 Posted July 17 If he's guilty, prosecute... same with all of those corrupt dbags. If he's not guilty of that (he's probably guilty of something else), then you don't prosecute. It's not that hard. Media on both sides will make it political though. Share this post Link to post Share on other sites
thegeneral 3,214 Posted July 17 I love the Republicans don’t go after their opponents schtick. Very cute 1 Share this post Link to post Share on other sites
RLLD 4,230 Posted July 17 1 hour ago, iam90sbaby said: Uhhh yeah we should. I get it, I do....but then where does it end? We end up with an endless tit-for-tat abuse of our systems just to play political games. I suggest many voters saw Democrats as being petty and childish for doing it, and that helped Republicans win the election. JMHO Share this post Link to post Share on other sites
RLLD 4,230 Posted July 17 2 hours ago, 5-Points said: I get what you're saying, and, there was a time I agreed with this sentiment. But when your opponent is constantly eye gouging, fish hooking, hitting you in the back of the head and below the belt and you keep complaining to the ref but all he does is throw his hands up, those become the new rules of the game. And you better start doing it back if you want to defeat them. The Dems turned politics into a street fight. There are no rules in a street fight. I am not discounting your point here. I get it. I really do. It always is a good feel when the bully gets it back. There comes a time when we have to choose between what is easy and what is right. Share this post Link to post Share on other sites
Strike 5,553 Posted July 17 5 minutes ago, RLLD said: I am not discounting your point here. I get it. I really do. It always is a good feel when the bully gets it back. There comes a time when we have to choose between what is easy and what is right. What if Schiff actually committed crimes and it is RIGHT to prosecute him? Share this post Link to post Share on other sites
RLLD 4,230 Posted July 17 1 minute ago, Strike said: What if Schiff actually committed crimes and it is RIGHT to prosecute him? If it can be proven, and its not a sham trial like Trump had. Then ok....but on its face, it just seems too much like an act of retribution right now. JMHO Share this post Link to post Share on other sites
Dizkneelande 1,101 Posted July 17 1 hour ago, RLLD said: If it can be proven, and its not a sham trial like Trump had. Then ok....but on its face, it just seems too much like an act of retribution right now. JMHO He claimed 2 primary residences and did this for 17 years. In addition to mortgage fraud he’s also a hypocritical tax cheat like they all are - AI Overview Generally, for tax purposes, you can only claim one primary residence at a time . The IRS refers to this as your "main home" or "principal residence." Here's why this matters Tax Benefits: Several tax benefits, like the mortgage interest deduction and the exclusion of capital gains when selling, are tied to your primary residence. Proof of Residency: To claim a primary residence, you'll need to demonstrate you actually live there for the majority of the year. This is typically evidenced by where you spend the most time, your legal address for tax returns and official documents (like your driver's license and voter registration), and proximity to work or family. What if you own multiple homes? If you own more than one home, the others are classified as either: Second Homes (Vacation Homes): These are properties you live in for part of the year, but not for the majority. They don't offer the same tax breaks as a primary residence. Investment Properties: These are homes you own primarily to generate rental income or profit from selling. They have their own set of tax rules and generally don't qualify for primary residence benefits. Important considerations Even if you split your time equally between two homes, you'll need to designate one as your primary residence for tax purposes. While lenders might allow you to have two mortgages at once in specific circumstances (e.g., job relocation or buying a home for a dependent), this doesn't change the tax rules about having only one primary residence. If you plan to convert your primary residence into a rental property, it's crucial to understand the mortgage and tax implications and follow the relevant rules, according to Bankrate. Key takeaway While you can own multiple homes, you can only claim one as your primary residence for tax purposes. If you have any doubts about classifying your residence, consulting with a tax professional is recommended. Share this post Link to post Share on other sites
Strike 5,553 Posted July 17 7 minutes ago, Dizkneelande said: He claimed 2 primary residences and did this for 17 years. In addition to mortgage fraud he’s also a hypocritical tax cheat like they all are - AI Overview Generally, for tax purposes, you can only claim one primary residence at a time . The IRS refers to this as your "main home" or "principal residence." Here's why this matters Tax Benefits: Several tax benefits, like the mortgage interest deduction and the exclusion of capital gains when selling, are tied to your primary residence. Proof of Residency: To claim a primary residence, you'll need to demonstrate you actually live there for the majority of the year. This is typically evidenced by where you spend the most time, your legal address for tax returns and official documents (like your driver's license and voter registration), and proximity to work or family. What if you own multiple homes? If you own more than one home, the others are classified as either: Second Homes (Vacation Homes): These are properties you live in for part of the year, but not for the majority. They don't offer the same tax breaks as a primary residence. Investment Properties: These are homes you own primarily to generate rental income or profit from selling. They have their own set of tax rules and generally don't qualify for primary residence benefits. Important considerations Even if you split your time equally between two homes, you'll need to designate one as your primary residence for tax purposes. While lenders might allow you to have two mortgages at once in specific circumstances (e.g., job relocation or buying a home for a dependent), this doesn't change the tax rules about having only one primary residence. If you plan to convert your primary residence into a rental property, it's crucial to understand the mortgage and tax implications and follow the relevant rules, according to Bankrate. Key takeaway While you can own multiple homes, you can only claim one as your primary residence for tax purposes. If you have any doubts about classifying your residence, consulting with a tax professional is recommended. I'm surprised @RLLD needs this explained to him. He was the expert on all things housing back in 2006, especially FRAUD. I'm pretty sure he wanted me thrown in jail and I only owned one home. Share this post Link to post Share on other sites
RLLD 4,230 Posted July 17 2 hours ago, Strike said: I'm surprised @RLLD needs this explained to him. He was the expert on all things housing back in 2006, especially FRAUD. I'm pretty sure he wanted me thrown in jail and I only owned one home. I havent read up on it. The more I learn then maybe I change my position. I am not a liberal, I dont decide something then refuse to change in the face of evidence. Didnt want you thrown in jail, but more so wanted people to learn not to participate in fraud. Share this post Link to post Share on other sites
Strike 5,553 Posted July 17 Just now, RLLD said: I havent read up on it. The more I learn then maybe I change my position. I am not a liberal, I dont decide something then refuse to change in the face of evidence. Didnt want you thrown in jail, but more so wanted people to learn not to participate in fraud. So you don't think people who commit fraud should be prosecuted? Share this post Link to post Share on other sites
RLLD 4,230 Posted July 17 1 minute ago, Strike said: So you don't think people who commit fraud should be prosecuted? What? When did i say that? Share this post Link to post Share on other sites
Strike 5,553 Posted July 17 2 minutes ago, RLLD said: What? When did i say that? It's a yes or no question. Why won't you answer it? Share this post Link to post Share on other sites
RLLD 4,230 Posted July 17 1 hour ago, Strike said: It's a yes or no question. Why won't you answer it? Uh, no....I dont think people who commit fraud should not be prosecuted? I mean, the question itself is odd.....I dont understand it. Share this post Link to post Share on other sites