Panicked Trump SCRAMBLING to Pay Debt He CAN’T AFFORD

Legal AF by MeidasTouch

Meidas Media Network

News Commentary, News

4.9 • 6.1K Ratings

🗓️ 2 March 2024

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Trump, the self proclaimed “King of Debt” is scrambling now to get banks to issue him a letter of credit on his assets and a bonding company to issue 2 appeal bonds worth over $600 million dollars all in the next several days. Michael Popok breaks down the bonding process, the $1 BILLION in assets he will need to pledge to get the bonds, and the tens in millions in fees he has to pay, or else his assets could be sold off including his Penthouse in Trump Tower. Use code LEGALAF to get 10 percent off your next order at https://bookshop.org/?utm_source=meidas-touch&utm_medium=youtube&utm_campaign=meidas-touch-legalaf&utm_content=brand Visit https://meidastouch.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown Lights On with Jessica Denson: https://www.meidastouch.com/tag/lights-on-with-jessica-denson On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:31.2	I called you the King of debt. Well no she didn't call me I call myself the King of debt I'm the King of Debt. Well, no, she didn't call me. I call myself the King of Debt. I'm the King of Debt. I'm great with debt. Nobody knows debt better than me. I've made a fortune by using debt. And if things don't work out, I renegotiate the debt. I mean, that's a smart thing, a stupid thing and I made a fortune...
0:44.0	How do you renegotiate the debt?
0:46.0	Because you go back and you say hey guess what the economy just crashed I'm gonna give you
0:49.0	back half. I like debt for me. I don't like debt for the country.
0:53.5	I like debt for my company, but I don't like debt for the
0:57.1	com- This is Michael Popah, Legal AF, and that was Donald Trump in 2016
1:01.0	proclaiming himself the king of debt and boy was he right in
1:05.4	2024 he's facing down the barrel of two major judgments that would cripple or
1:11.0	bankrupt anybody including Donald Trump one for over 500 million dollars
1:15.2	running with 9% interest annual in the New York attorney general case that one he's going to have to pay up
1:21.9	shut up or pay up or lose assets in about 25 days.
1:25.2	The other four, 83 and a half million dollars, now with running interest even higher than that
1:30.1	to be paid to E. Jean Carroll for her second defamation punitive damage and rape case against
1:35.3	Donald Trump and that money's due in just a few days. So what does the King of Debt do? How does he post a bond bond where is he going to get his money from
	...

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