'Somebody is lying': Trump contradicts his lawyers, claims to have $500 million in cash on hand

2 months ago
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'Somebody is lying': Trump contradicts his lawyers, claims to have $500 million in cash on hand
Harry Litman, former U.S. Attorney, Sue Craig, New York Times Investigative Reporter, and Rev. Al Shrapton, President of the National Action Network join Alicia Menendez in for Nicolle Wallace on Deadline White House with reaction to Donald Trump to claiming all the sudden that he has half a billion dollars of cash on end, which should in theory give him the ability to meet his deadline in the NY Civil Fraud judgment, if he is telling the trut
(491) 'Somebody is lying': Trump contradicts his lawyers, claims to have $500 million in cash on hand - YouTube
https://www.youtube.com/watch?v=JEwRSM4nuz8

Transcript:
(00:05) >>> TICK, TICK, TICK, THE >>> TICK, TICK, TICK, THE DISGRACED TWICE IMPEACHED FOUR TIMES INDICTED EX-PRESIDENT, WILL NEED TO PONY UP HALF A BILLION DOLLARS BOND BROUGHT BY LETITIA JAMES. IT WOULD MEAN PARTING WAYS WITHUN OF HIS ESTATES OR GOLF BUILDINGS THAT HE USED. PROPERTIES VALUED TO BE WORTH A FRACTION OF WHAT THE TRUMP ORGANIZATION CLAIMS THEY ARE WORTH.
(00:42) WITH HIS REPUBLICAN BILLIONAIRE PARTIES NOT STEPPING UP, THAT HE DOESN'T LIKE THE OPTICS OF THE DECLARING BANKRUPTCY, AND OFFER A BRUTAL WEEK OF COVERAGE OF FINANCES OR LACK THERE OF, TODAY TRUMP CLAIMED TO HAVE HALF A BILLION DOLLARS IN CASH LAYING AROUND, A MONEY THAT HE CLAIMED IS JUST LAYING AROUND DIRECTLY UNDERCUTTING HIS OWN LAWYERS WHO HAVE SAID IN LEGAL FILINGS THAT TRUMP DID NOT HAVE ENOUGH CASH ON HAND TO SATISFY THE HALF A MILLION DOLLARS JUDGMENT AGAINST HIM AND NOW IN A NEW INTERVIEW DONALD TRUMP IS UPPING THE ANTE
(01:20) YET AGAIN SAYING HE WILL FIGHT THE JUDGE'S RULING UP TO THE U.S. SUPREME COURT IF NECESSARY. TROUBLE IS BRAVADO AND BLUSTER MAY NOT BE ABLE TO WIGGLE ON THE DEADLINE THAT IS UPON HIM NOW. >> LET'S BRING IN HARRY LITMAN AND REPORTER SUSAN CRAIG AND HOST OF POLITICS NATION HERE ON MSNBC AND PRESIDENT OF THE NATIONAL ACTION NETWORK, REV RAND AL SHARPTON.
(01:49) HE'S WALKING BACK THIS IDEA THAT HE WOULD SPENT SOME OF THE $500 MILLION IN CASH ON THIS SAYING THIS DOESN'T MEAN I'M GOING TO A ROGUE AND INCOMPETENT JUDGE, MEANING THE JUDGE ENGORAN AN THEY CAN'T TAKE AWAY YOUR PROPERTY BECAUSE -- BEFORE YOU HAVE A CHANCE TO APPEAL. WHAT IS HE TALKING ABOUT? >> HE COULD TRY TO FIGHT IT LEGALLY, BUT GUESS WHAT, IT IS NOT UP TO HIM.
(02:17) IF THE -- THE JUDGMENT WAS IF THE -- THE JUDGMENT WAS ENTERED 30 DAYS AGO, TISH JAMES AUTOMAKERLY AUTOMATICALLY HAS A PIECE OF PAPER TO GO AFTER HIS PROPERTIES UNLESS THE COURT ENTERS AN IF ORDER BEFORE MONDAY. SO THAT IS JUST THE WAY IT IS. SO IT IS NOT HIS CALL. BUT I DO THINK THAT IT REDOUBLED HIS RESOLVE TO DO ANYTHING, ANYTHING RATHER THAN LET TISH JAMES PUT THE METAPHORIC LOCK ON 40 WALL STREET AND THAT IS SOMETHING THAT WE NEED TO BE CONCERNED ABOUT.
(02:55) BECAUSE THERE ARE POSSIBLE SCENES WHY A BILLIONAIRE HERE OR THERE STEPS UP. WE KNOW HE'S TRYING TO MAKE THAT HAPPEN IN THE TRUTH SOCIAL IPO. BUT BILLIONAIRES DON'T STEP UP FOR FREE AND IT WOULD RESULT IN A SITUATION WHERE A POSSIBLE PRESIDENT IS DEEPLY BEHOLDEN TO SOMEONE WHO HAS GOTTEN HIM OUT OF THE MOST PERILOUS HOT WATER.
(03:23) SO THAT IS SOMETHING TO WATCH BECAUSE I THINK HE'S GOING TO DO ANYTHING SHORT OF LETTING TISH JAMES JUST HAVE HER CHOICE OF CROWN JEWELS. >> REVEREND SHARPTON, THE POINT ABOUT TISH JAMES THAT HARRY MAKES. IT HAS SO MANY LAYERS. TEASE IT APART FOR US. THE IDEA THAT IT WOULD BE TISH JAMES THAT WOULD GET TO CHOOSE WHICH BUILDING.
(03:45) >> THE FACE THAT HE WOULD BE FACING A WOMAN PROSECUTOR, A BLACK WOMAN PROSECUTOR, AND ONE WHO HAD ALREADY DEBUNKED THE WHOLE TRUMP UNIVERSITY. I MEAN THERE IS A LOT OF EMOTIONS THAT HE HAS. NONE GOOD. ABOUT TISH JAMES. AND I THINK IT WILL DRIVE HIM TO TRY TO DO ANYTHING HE CAN, INCLUDING -- I CAN'T SAY SELL HIS PRINCIPLES BECAUSE I'M NOT ONE THAT BELIEVES HE HAS MANY, BUT HE'LL DO ANYTHING HE CAN TO DO WHATEVER HE CAN TO BLOCK THIS ON MONDAY.
(04:22) AND HE WILL ALSO WANT TO BE DRAMATIC. HE WANTED TO LOOK LIKE HE'S PULLING THE RABBIT OUT OF HIS HAT. HE'S A SHOWMAN. BUT I THINK HE'LL FIND THAT THE RULES IN COURT AND THE RULES OF LAW DOESN'T PLAY ALONG WITH WHAT HIS SCENARIO. THIS IS NOT A REALITY SHOW. THIS IS REALITY. AND I THINK THAT HE -- EVEN IF HE COMES UP WITH THE MONEY, HE'S GOING TO DO IT AT SUCH AN EXPENSE TO WHAT IS LEFT OF HIS BUSINESS AND THE CAMPAIGN AND THE REPUBLICAN PARTY THAT EITHER WAY IT WILL BE DEVASTATING AND I THINK THAT TISH JAMES ONLY MAKES
(04:55) IT EVEN WORSE FOR HIM BECAUSE OF HIS WHOLE FEELINGS ABOUT WOMEN IN GENERAL, BLACK WOMEN IN PARTICULAR. >> SO HE'S STILL SEARCHING FOR THE RABBIT THAT HE'LL PULL OUT OF THE HAT. WALK ME THROUGH THE DIFFERENT WAYS THIS COULD PLAY OUT. >> HE HAS TURNED IT INTO A REALITY SHOW AND IT IS REALITY AND WE DON'T KNOW IF HE'S COMED UP WITH THE $500 MILLION AND HE PLANS TO POST IT ON MONDAY AND DRAG THIS DRAMA OUT FOR THE WHOLE WEEKEND.
(05:25) BUT WHAT HE'S FACING IS REAL IF HE DOESN'T COME UP WITH IT. AND THERE IS JUST QUESTIONS, THERE IS NOT ONLY POTENTIAL ASSETS SEIZURES THAT COULD TAKE PLACE, HE HAS SOME CASH IN HIS BANK ACCOUNTS AND THEY COULD BE FROZEN AND HE MAY DEAL WITH A SITUATION WHERE HE CAN'T PAYROLL, MEET THE INTEREST PAYMENTS ON HIS DEBT AND PAY THEIR VENDORS.
(05:50) >> AND THEN WHAT HAPPENS. >> THAT IS WHAT WE'LL SEE. I THINK WE'RE GOING TO BE WRITING A VERSION OF THE OBITUARY OF THE TRUMP ORGANIZATION IF SHE GOES THAT WAY AND STARTS TO FREEZE CASH. THIS IS ALL NEW TERRITORY SO WE DON'T KNOW. BUT IT SEEMS TO REASON IF SOMEONE IS GOING TO START A SEIZURE PROCESS, THEY'RE GOING TO GRAB THE MOST LIQUID THING WHICH IS THE CASH.
(06:12) THAT IS WHY THE ASSURITY COMPANIES THAT HE WENT TO TO PUT UP THE BOND WANTED CASH FOR THE SAME REASON. CASH IS KING. EVERYBODY WOULD PREFER CASH OVER HARD ASSETS, ESPECIALLY SOME OF THE ASSETS THAT HE HAS, OFFICE TOWERS, IT IS NOT A GREAT TIME FOR THAT MARKET. AND THAT COULD DO DOWN THE ROAD, GOLF COURSE IS THE SAME THING, THEY'RE HARDER TO SELL AND YOU START TO RUN INTO THOSE PROBLEMS AND TISH JAMES HAS THAT MESS.
(06:40) SO THAT IS WHAT HE'S FACING ON MONDAY. BUT YOU ALSO SEE TODAY HE'S -- HE'S TEASING OUT THAT HE HAS THE MONEY AND THEY WENT TO THE COURT ON MONDAY AND SAID THEY DIDN'T. WE DON'T KNOW WHAT HAPPENED BETWEEN MONDAY AND FRIDAY THAT CHANGES THAT. BUT OVER TIME WE'LL GET SOME CLARITY, I THINK THIS WEEKEND IS SIGNIFICANT AND THERE IS STILL A CHANCE THAT THE APPEALS COURT COULD WEIGH IN.
(07:06) SOMETHING COULD HAPPEN LATE IN THE DAY ON FRIDAY NOW BUT EVEN MONDAY. THAT IS JUST SOMETHING TO WATCH. IT IS LESS LIKELY THAT THAT WILL HAPPEN. >> I WANT TO SAY A BIG WOW. I DIDN'T WANT TO INTERRUPT YOUR TRAIN OF THOUGHT THERE. BUT THE POSSIBILITY, WRITING THE OBITUARY OF TRUMP ORGANIZATION IS MEANINGFUL AS IT RELATES TO THE TRUMP POLITICAL BRAND GIVEN HOW INTIMATELY THEY ARE CONNECTED.
(07:34) >> WE DON'T KNOW. BUT IF SHE GOES THAT ROUTE AND

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