Who Will Bail Out Donald Trump?
Politix
Politix
4.6 • 1.4K Ratings
🗓️ 21 February 2024
⏱️ 32 minutes
🔗️ Recording | iTunes | RSS
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Summary
This week on Politix, Matt and Brian discuss:
* The nearly half-billion dollar judgment Trump owes New York for engaging in fraudulent business practices;
* Why MAGA spin that this his fraudulent practices were “victimless” is both bullshit, and irrelevant;
* Similarities and differences between this scam and Trump’s other fraudulent schemes.
Then, paid subscribers get a bigger picture look at where things go from here, and the significance for both the 2024 campaign and even national security. Are Trump’s latest entreaties to Vladimir Putin—on NATO, Ukraine, and the murder of Alexei Navalny—motivated by his renewed desperation for money? And will Democrats in Congress exploit this real risk of compromise the way Republicans exploited falsified allegations against Joe Biden? Will this be a watershed moment, or a(nother) missed political opportunity? Upgrade to find out!
Further reading:
* Brian encourages Senate Democrats, mainstream news reporters, law-enforcement officials, and Trump resisters to keep a close eye on whether Trump comes up with the money, and chase down the source(s).
* Eight years ago, Matt broke down how Trump avoided financial ruin after failing in Atlantic City by ripping off shareholders.
* Thirteen years ago Luis Zingales wrote, “Donald Trump’s announcement that he will not run in the Republican presidential primaries after all is great news for the Republican Party and for the country. The only thing more frightening than Trump’s running for president would be Trump’s getting elected president. From a party perspective, while losing an election is bad, winning one with the wrong candidate for the party and for the country is worse.”
* David Brooks offers a “keep it simple, stupid” explanation of why Trump’s fraud was fraud, and why fraud is bad.
Transcript
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| 0:00.0 | I think that people would feel a lot better about Biden and thus his poll numbers would go up and the only way that's going to happen |
| 0:11.0 | like pretty much it's either this or Donald Trump becomes president again is if he Hey everyone you're listening to a free preview of the politics podcast. |
| 0:24.0 | In this episode Matt and I will discuss a series of pretty wild developments that we think |
| 0:28.9 | should have important ramifications for the campaign. So the biggest one is the judgment in Donald Trump's New York civil fraud trial, |
| 0:37.4 | which puts Trump on the hook for almost half a billion dollars in damages |
| 0:42.2 | and prohibits him from running businesses in the |
| 0:45.0 | state for three years. Paid subscribers will hear a bit more about how this |
| 0:49.3 | dovetails with other bad news for Trump including the arrest and indictment of the GOP's top |
| 0:56.1 | Biden impeachment witness for falsifying all of his allegations against Joe Biden, |
| 1:01.2 | the building momentum for aid to Ukraine, the murder of Alexei Navalny, the leader of the Russian resistance. |
| 1:09.0 | So we hope you enjoyed the conversation and if you like what you're hearing and want to listen |
| 1:13.2 | on the whole episode just upgrade your subscription to paid at politics. |
| 1:20.4 | F.M. |
| 1:21.4 | Hey everyone welcome to the politics podcast. I'm Brian Boiler. |
| 1:26.2 | I'm Matthew Iglesias. We're going to kick this week off with the ins and outs of the big judgment in |
| 1:32.2 | Donald Trump's civil fraud trial, why Trump is suddenly |
| 1:36.5 | on the hook for upwards of half a billion dollars in cash. |
| 1:39.9 | Then we're going to kind of grab the corkboard and red string and connect some dots between |
| 1:45.7 | this ruling and other Trump scandals to try to create as big a picture as possible |
| 1:52.4 | of why this matters sort of beyond the immediate catharsis of |
| 1:57.2 | Trump facing real consequences. Yes. So I mean the catharsis good too. We can dwell on that if you'd like. |
| 2:05.0 | Let's, well, let's start a little bit literally because I feel like, I feel like one of the signature flaws of the Trump discourse has been this tendency to go meta so quickly. |
... |
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