Comments by "dark room ambience" (@DarkRoomAmbience) on "Valuetainment" channel.

  1. Patrick is smart enough to know of the fact that the Mar-a-Lago property is not designated for residential use under the applicable zoning regulations. Instead, it is classified as a commercial club, a designation that imposes specific limitations on the nature of constructions and the purposes for which the property may be utilized. The valuation of Mar-a-Lago, as posited by Trump, is predicated on a hypothetical scenario wherein the land would be subdivided and the resultant parcels sold as apartment units. However, such a subdivision and subsequent development are precluded under the current zoning restrictions applicable to this area. Consequently, the envisioned subdivision and sale of apartment parcels are not feasible under the present zoning regulations. The video also alludes to additional constraints, attributable to the property's construction over a century ago. Mar-a-Lago is subject to regulations governing historically significant buildings. These regulations typically impose stringent limitations on demolition and redevelopment activities, including the prohibition of demolishing the existing structures to make way for new apartment complexes. Such historical preservation laws further limit the potential for altering the property's current state, thereby impacting its potential market value. Also Patrick is smart enough to know that the judge wouldn't appraise himself, Mar-a-Lago was appraised and testified to by a property appraiser in Palm Beach County, where Mar-a-Lago is located. This valuation took into account the fact that Mar-a-Lago operates as a deed-restricted private club and the value was determined based on the income it generates in that capacity​​. It was not valued on some hypothetical, unrealistic scenario that would never happen. Thats like if I valued my 3 bedroom home at $10 million...if I built a 50 story building with 50 apartments on it
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  2. At least India is a democracy
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  3. With respect to Danielle DiMartino Booth, Australia isn't standing up to China. They merely called for an independent investigation into Covid-19 in China. China responded with economic sanctions and Australia downplayed those sanctions as just "paperwork" problems by Australian businesses. The Australian government literally blamed Australian business for China's sanctions on Australia. Furthermore, Australia is still exporting its Iron to China at record levels, iron that is then used for China's global monopoly on steel. Australia has increased its export of its coal to China as well. Make no mistake, Australia has not stood up to China. A solution is for Australia to slow down or halt iron exports to China and the US picking up that void. The US wants a steel industry, striking a deal with Australia to provide them with the Iron they need to make steel will cause a massive slowing down of China and a shift in the US global market share of steel.
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  4. With all due respect, David is a great interviewer of old time Mafia bosses, but on economics, has no idea what hes talking about
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