Lisa cook mortgage fraud

[jsteele]

Anonymous wrote:

jsteele wrote:I haven't read the article but there are a couple of points that you have confused and/or ignored. First, what Trump and Pulte have been talking about is her mortgage agreements, not her applications. We don't know what was actually on her applications. Second, Cook has not yet responded to the allegations. She may well have a valid explanation. In the U.S., you are innocent until proven guilty. Trump and Pulte have appointed themselves both judge and jury. But, they do not have that authority. You seem to be assuming her guilt as well. That may not be a valid assumption.

Next, let's assume that she is guilty. It is not clear that would constitute "cause". The Federal Reserve Act does not define "cause", but other laws define it as activities involving her official duties. Her mortgages were concluded before she was confirmed by the Senate, therefore, before she began her official duties. It's like saying that if she had a speeding ticket while in college it would constitute cause for being fired today. That is not normally how such laws have been applied.

There are also arguments that can be made regarding her being targeted for political reasons and whether Pulte abused his authority. Ultimately, Courts will have to decide whether Cook can be removed or not.

The house value claim is mostly a non-issue, but I think you are also confusing issues.

Criminal guilt is a matter of innocence until proven guilty. But in the position of Fed governor, the mere appearance of impropriety is sufficient to warrant a resignation. There have been similar recent instances of senior Fed officials resigning over conduct that was very legal and permissible, but had the appearance of impropriety.

I didn't say anything about the house value so I am not sure why you are bringing that up. I don't know anything about the value of the properties. Where is this "appearance of impropriety" standard documented? Is that a law, regulation, or norm? If a norm, too bad. As Trump has shown, they don't matter anymore. There has been absolutely no due process provided to Cook. Are you really supporting the U.S. becoming a country in which unsubstantiated politically-motivated accusations are enough to force a resignation that could disrupt only on the U.S. but the world's economy? Surely, you are smarter than that?

Again, this issue is now before the courts. Why are so many unwilling to allow the legal process to continue?

[Anonymous]

jsteele wrote:

Anonymous wrote:

jsteele wrote:I haven't read the article but there are a couple of points that you have confused and/or ignored. First, what Trump and Pulte have been talking about is her mortgage agreements, not her applications. We don't know what was actually on her applications. Second, Cook has not yet responded to the allegations. She may well have a valid explanation. In the U.S., you are innocent until proven guilty. Trump and Pulte have appointed themselves both judge and jury. But, they do not have that authority. You seem to be assuming her guilt as well. That may not be a valid assumption.

Next, let's assume that she is guilty. It is not clear that would constitute "cause". The Federal Reserve Act does not define "cause", but other laws define it as activities involving her official duties. Her mortgages were concluded before she was confirmed by the Senate, therefore, before she began her official duties. It's like saying that if she had a speeding ticket while in college it would constitute cause for being fired today. That is not normally how such laws have been applied.

There are also arguments that can be made regarding her being targeted for political reasons and whether Pulte abused his authority. Ultimately, Courts will have to decide whether Cook can be removed or not.

The house value claim is mostly a non-issue, but I think you are also confusing issues.

Criminal guilt is a matter of innocence until proven guilty. But in the position of Fed governor, the mere appearance of impropriety is sufficient to warrant a resignation. There have been similar recent instances of senior Fed officials resigning over conduct that was very legal and permissible, but had the appearance of impropriety.

I didn't say anything about the house value so I am not sure why you are bringing that up. I don't know anything about the value of the properties. Where is this "appearance of impropriety" standard documented? Is that a law, regulation, or norm? If a norm, too bad. As Trump has shown, they don't matter anymore. There has been absolutely no due process provided to Cook. Are you really supporting the U.S. becoming a country in which unsubstantiated politically-motivated accusations are enough to force a resignation that could disrupt only on the U.S. but the world's economy? Surely, you are smarter than that?

Again, this issue is now before the courts. Why are so many unwilling to allow the legal process to continue?

The impropriety standard is a norm for Fed officials. Kaplan and Rosengren stepped down over the norm in 2021.

We used to hold the office of the presidency to the same types of norms, but in the 1990s one POTUS and his political party decided perjury was insufficient of a reason to resign/convict of impeachment.

Let the legal process run. But we’re all going to be unhappy with the outcome of that process. Part of the reason why government officials resign when these things happen is to avoid the courts firming up the legal issue in controversy.

[Anonymous]

She lacks integrity.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you look at the arguments Abbe Lowell put forth in court, they make a lot of sense. He is addressing the inappropriateness of Trump using the fraud allegations as a means of asserting back-door control over the the Federal Reserve -- in this case, getting governors who wil give Trump the lower interest rates that he wishes for.

He is right to make this argument -- it needs to be made! This defense is in all our interests for the good of the system.

Meanwhile, there are reasons why someone can have two primary residences -- like if they buy a house for their parent. I have no idea if this is the situation for Lisa Cook. It does seem sketchy that she has made such data available if it exists. But Abbe Lowell is right that the most important issue here is the malicious nature of the allegations.

Then you can declare it as a second home (not main residence) and pay a higher mortgage rate. She didn’t. You cannot have two main residences. Only one.

Who knows the situation. Maybe she bought the house and her life situation changed and she bought the second house as primary. Maybe it was primary for a family member.

It can go to trial, and when all the evidence is presented, it can be adjudicated and THEN she can be fired for cause.

She is under no legal obligation to declare why she stated primary on both mortgages until it goes to trial. She is not an elected official. I’m sure these mortgage documents were available before her confirmation, and yet it was never brought up by a senator — likely because they have all done similar arrangements in their own portfolio of homes; one week DC is primary, the next week Alabama…

I don’t imagine we will have a trial and judgment before Powell term is up, so it really won’t buy Trump anything unless he can ramrod it through the court AND get the verdict he wants. I’m sure Judge Cobb will block the dismissal and say it will depend upon the cases in Georgia and Michigan US district courts.

If that were the case, she could declare that and then that’s the end of the story. She didn’t . Moreover she is quiet. Why she didn’t respond that the allegations are incorrect. Agree with you that needs a due process and then she can be fire for fraud. The question is. If you were the employer and the employee had this situation venting in the media, and that affects the reputation of your company. Would you keep that enployee. An employee was even fired for hugging a woman in a concert. So yes, mortgage fraud is a justification for firing a person.

The Fed is not just some employer. The law says fired only for cause. Allegations but the FHFA head, especially with political undertones, will not standup in court as cause.

She has likely been advised to stay silent until actually in court. There is no upside for “explanation” in public opinion, she is not an elected official.

You are worried about the reputation of the “company” when the whole goal of this exercise is to install patsys? I admire your gall.

[Anonymous]

Anonymous wrote:

jsteele wrote:

Anonymous wrote:

jsteele wrote:I haven't read the article but there are a couple of points that you have confused and/or ignored. First, what Trump and Pulte have been talking about is her mortgage agreements, not her applications. We don't know what was actually on her applications. Second, Cook has not yet responded to the allegations. She may well have a valid explanation. In the U.S., you are innocent until proven guilty. Trump and Pulte have appointed themselves both judge and jury. But, they do not have that authority. You seem to be assuming her guilt as well. That may not be a valid assumption.

Next, let's assume that she is guilty. It is not clear that would constitute "cause". The Federal Reserve Act does not define "cause", but other laws define it as activities involving her official duties. Her mortgages were concluded before she was confirmed by the Senate, therefore, before she began her official duties. It's like saying that if she had a speeding ticket while in college it would constitute cause for being fired today. That is not normally how such laws have been applied.

There are also arguments that can be made regarding her being targeted for political reasons and whether Pulte abused his authority. Ultimately, Courts will have to decide whether Cook can be removed or not.

The house value claim is mostly a non-issue, but I think you are also confusing issues.

Criminal guilt is a matter of innocence until proven guilty. But in the position of Fed governor, the mere appearance of impropriety is sufficient to warrant a resignation. There have been similar recent instances of senior Fed officials resigning over conduct that was very legal and permissible, but had the appearance of impropriety.

I didn't say anything about the house value so I am not sure why you are bringing that up. I don't know anything about the value of the properties. Where is this "appearance of impropriety" standard documented? Is that a law, regulation, or norm? If a norm, too bad. As Trump has shown, they don't matter anymore. There has been absolutely no due process provided to Cook. Are you really supporting the U.S. becoming a country in which unsubstantiated politically-motivated accusations are enough to force a resignation that could disrupt only on the U.S. but the world's economy? Surely, you are smarter than that?

Again, this issue is now before the courts. Why are so many unwilling to allow the legal process to continue?

The impropriety standard is a norm for Fed officials. Kaplan and Rosengren stepped down over the norm in 2021.

We used to hold the office of the presidency to the same types of norms, but in the 1990s one POTUS and his political party decided perjury was insufficient of a reason to resign/convict of impeachment.

Let the legal process run. But we’re all going to be unhappy with the outcome of that process. Part of the reason why government officials resign when these things happen is to avoid the courts firming up the legal issue in controversy.

But Reagan and Ollie North were in 1980s, not 90s.

[Anonymous]

Anonymous wrote:She lacks integrity.

So does Supreme Court Justice Clarence Thomas, but he’s still in his position. He’s done a series of unethical things that would’ve had him fired long ago if he were anyone else.

[Anonymous]

Ruh Roh

Pulte: "We have just received video proof that Lisa Cook's declared “PRIMARY RESIDENCE” is being rented out to tenants"

[Anonymous]

Anonymous wrote:

Anonymous wrote:She lacks integrity.

So does Supreme Court Justice Clarence Thomas, but he’s still in his position. He’s done a series of unethical things that would’ve had him fired long ago if he were anyone else.

Yes, but cook is not Clarence Thomas and the fed is not the Supreme Court.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you look at the arguments Abbe Lowell put forth in court, they make a lot of sense. He is addressing the inappropriateness of Trump using the fraud allegations as a means of asserting back-door control over the the Federal Reserve -- in this case, getting governors who wil give Trump the lower interest rates that he wishes for.

He is right to make this argument -- it needs to be made! This defense is in all our interests for the good of the system.

Meanwhile, there are reasons why someone can have two primary residences -- like if they buy a house for their parent. I have no idea if this is the situation for Lisa Cook. It does seem sketchy that she has made such data available if it exists. But Abbe Lowell is right that the most important issue here is the malicious nature of the allegations.

Then you can declare it as a second home (not main residence) and pay a higher mortgage rate. She didn’t. You cannot have two main residences. Only one.

Who knows the situation. Maybe she bought the house and her life situation changed and she bought the second house as primary. Maybe it was primary for a family member.

It can go to trial, and when all the evidence is presented, it can be adjudicated and THEN she can be fired for cause.

She is under no legal obligation to declare why she stated primary on both mortgages until it goes to trial. She is not an elected official. I’m sure these mortgage documents were available before her confirmation, and yet it was never brought up by a senator — likely because they have all done similar arrangements in their own portfolio of homes; one week DC is primary, the next week Alabama…

I don’t imagine we will have a trial and judgment before Powell term is up, so it really won’t buy Trump anything unless he can ramrod it through the court AND get the verdict he wants. I’m sure Judge Cobb will block the dismissal and say it will depend upon the cases in Georgia and Michigan US district courts.

If that were the case, she could declare that and then that’s the end of the story. She didn’t . Moreover she is quiet. Why she didn’t respond that the allegations are incorrect. Agree with you that needs a due process and then she can be fire for fraud. The question is. If you were the employer and the employee had this situation venting in the media, and that affects the reputation of your company. Would you keep that enployee. An employee was even fired for hugging a woman in a concert. So yes, mortgage fraud is a justification for firing a person.

The Fed is not just some employer. The law says fired only for cause. Allegations but the FHFA head, especially with political undertones, will not standup in court as cause.

She has likely been advised to stay silent until actually in court. There is no upside for “explanation” in public opinion, she is not an elected official.

You are worried about the reputation of the “company” when the whole goal of this exercise is to install patsys? I admire your gall.

Yes, let’s keep things like they are. Now the fed is Very credible financial supervisor.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you look at the arguments Abbe Lowell put forth in court, they make a lot of sense. He is addressing the inappropriateness of Trump using the fraud allegations as a means of asserting back-door control over the the Federal Reserve -- in this case, getting governors who wil give Trump the lower interest rates that he wishes for.

He is right to make this argument -- it needs to be made! This defense is in all our interests for the good of the system.

Meanwhile, there are reasons why someone can have two primary residences -- like if they buy a house for their parent. I have no idea if this is the situation for Lisa Cook. It does seem sketchy that she has made such data available if it exists. But Abbe Lowell is right that the most important issue here is the malicious nature of the allegations.

Then you can declare it as a second home (not main residence) and pay a higher mortgage rate. She didn’t. You cannot have two main residences. Only one.

Who knows the situation. Maybe she bought the house and her life situation changed and she bought the second house as primary. Maybe it was primary for a family member.

It can go to trial, and when all the evidence is presented, it can be adjudicated and THEN she can be fired for cause.

She is under no legal obligation to declare why she stated primary on both mortgages until it goes to trial. She is not an elected official. I’m sure these mortgage documents were available before her confirmation, and yet it was never brought up by a senator — likely because they have all done similar arrangements in their own portfolio of homes; one week DC is primary, the next week Alabama…

I don’t imagine we will have a trial and judgment before Powell term is up, so it really won’t buy Trump anything unless he can ramrod it through the court AND get the verdict he wants. I’m sure Judge Cobb will block the dismissal and say it will depend upon the cases in Georgia and Michigan US district courts.

If that were the case, she could declare that and then that’s the end of the story. She didn’t . Moreover she is quiet. Why she didn’t respond that the allegations are incorrect. Agree with you that needs a due process and then she can be fire for fraud. The question is. If you were the employer and the employee had this situation venting in the media, and that affects the reputation of your company. Would you keep that enployee. An employee was even fired for hugging a woman in a concert. So yes, mortgage fraud is a justification for firing a person.

DP. If she has a lawyer, which she’d be a fool not to, there’s no way they would let her respond when there’s an active lawsuit about this. Not saying she didn’t do something inappropriate but present silence doesn’t mean anything about past guilt.

[Anonymous]

Anonymous wrote:Ruh Roh

Pulte: "We have just received video proof that Lisa Cook's declared “PRIMARY RESIDENCE” is being rented out to tenants"

The cover up is always worse than the crime

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:If you look at the arguments Abbe Lowell put forth in court, they make a lot of sense. He is addressing the inappropriateness of Trump using the fraud allegations as a means of asserting back-door control over the the Federal Reserve -- in this case, getting governors who wil give Trump the lower interest rates that he wishes for.

He is right to make this argument -- it needs to be made! This defense is in all our interests for the good of the system.

Meanwhile, there are reasons why someone can have two primary residences -- like if they buy a house for their parent. I have no idea if this is the situation for Lisa Cook. It does seem sketchy that she has made such data available if it exists. But Abbe Lowell is right that the most important issue here is the malicious nature of the allegations.

Then you can declare it as a second home (not main residence) and pay a higher mortgage rate. She didn’t. You cannot have two main residences. Only one.

Who knows the situation. Maybe she bought the house and her life situation changed and she bought the second house as primary. Maybe it was primary for a family member.

It can go to trial, and when all the evidence is presented, it can be adjudicated and THEN she can be fired for cause.

She is under no legal obligation to declare why she stated primary on both mortgages until it goes to trial. She is not an elected official. I’m sure these mortgage documents were available before her confirmation, and yet it was never brought up by a senator — likely because they have all done similar arrangements in their own portfolio of homes; one week DC is primary, the next week Alabama…

I don’t imagine we will have a trial and judgment before Powell term is up, so it really won’t buy Trump anything unless he can ramrod it through the court AND get the verdict he wants. I’m sure Judge Cobb will block the dismissal and say it will depend upon the cases in Georgia and Michigan US district courts.

If that were the case, she could declare that and then that’s the end of the story. She didn’t . Moreover she is quiet. Why she didn’t respond that the allegations are incorrect. Agree with you that needs a due process and then she can be fire for fraud. The question is. If you were the employer and the employee had this situation venting in the media, and that affects the reputation of your company. Would you keep that enployee. An employee was even fired for hugging a woman in a concert. So yes, mortgage fraud is a justification for firing a person.

DP. If she has a lawyer, which she’d be a fool not to, there’s no way they would let her respond when there’s an active lawsuit about this. Not saying she didn’t do something inappropriate but present silence doesn’t mean anything about past guilt.

When you are guilty, it is always better to remain silent and go to trial to try to cut the losses.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ruh Roh

Pulte: "We have just received video proof that Lisa Cook's declared “PRIMARY RESIDENCE” is being rented out to tenants"

The cover up is always worse than the crime

Stalking someone’s house is not “journalism”.

He’s claiming she made the claim to the US government, which means he’s seen her TAX RETURNS, where she would have to claim it as her primary residence.

Plate should not have access to her tax returns, so clearly there is a conspiracy underway to remove her.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Ruh Roh

Pulte: "We have just received video proof that Lisa Cook's declared “PRIMARY RESIDENCE” is being rented out to tenants"

The cover up is always worse than the crime

Omg the video is so amateur hour. “Lisa cook is cooked”. I guess putting a clown face over propaganda….

[Anonymous]

Anonymous wrote:Ruh Roh

Pulte: "We have just received video proof that Lisa Cook's declared “PRIMARY RESIDENCE” is being rented out to tenants"

Pulitzer winner Charlie LeDuff’s reporting.