Legal AF by MeidasTouch - Secret Trump $200 Million Shakedown Scheme Revealed

Episode Date: February 15, 2025

Since the election, Trump and his family have lined their pockets with more than $200 Million dollars in deals, including extracting a $100 mm from tech companies to settle worthless lawsuits, $40 million to Melanie for a phony documentary, and $100m in fees and stock to Trump’s sons. Michael Popok takes a look at what Trump’s former lawyer Ty Cobb calls the two animating sins of Trump on full display: Greed and Revenge. Head to https://ProlonLife.com/LEGALAF to get 15% off their 5-day nutrition program. Visit https://meidasplus.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 MissTrial: https://meidasnews.com/tag/miss-trial 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 On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices

This is Carry the Fire. I'm your host, Lisa Laflamme. Carry the Fire, a podcast by the Princess Margaret Cancer Foundation featuring inspiring personal stories about what happens when world leading doctors, nurses, researchers, and their patients come together to ignite breakthroughs. Carry the Fire launches Monday, January 27th, wherever you get your podcasts. Donald Trump tries to portray himself as a phony man of the people, as somebody leading a populist movement. He and his family have already pocketed over $200 million

just since the election on the backs of his presidency. I'm Michael Popak. You're on the Midas Touch Network and Legal AF. Let's get down to the numbers. This is the unholy grift that we're watching, almost like a bank robbery in plain sight. Ty Cobb, a lawyer for Donald Trump says that Donald Trump is motivated right now by only two qualities, by only two features, either greed or revenge. Sometimes we see them combine in his negotiating strategy against companies where he's trying to

extract or extort large settlements that go to his family. Everything I'm going to talk about on this particular hot take, everything everything is going to be about monies that either Donald Trump, Melania, or Donald Trump's adult children have obtained since November the 5th, just to keep the timeline straight. So let's get to it. Michael Popak here. You're on Legal AF and Midas Touch.

Let's start with the fact that, of course, I agree with Ty Cobb. Everything we're seeing is either vengeance or greed. Right? And so these are the sins that animate Donald Trump at the present time. Let's go through the money first. Let's go through the settlements that he's reached, including with Elon Musk's own company. Talk about a shell game. Start with Elon Musk. Elon Musk, who's been sued a half a dozen times already and his doge and is in federal courts to remove him effectively from the government, from serving as the co-president. We said in November, it looked like there were going to be two co-presidents with Donald Trump, Elon Musk and RFK Jr. And that's what we're watching.

Elon Musk spent $250 million to buy a presidency. His own money, he invested $250 million. Why? Why not? Because he's doubled his wealth in that amount of time. He went from $250 billion of wealth at the time of the election to almost $500 billion now in February. That's a pretty good return on an investment.

In return, he got control over the government and its regulators, all of whom have been the bane of his existence for a long, long time. Now there's reports that Elon Musk, who now controls X, used to be Twitter, is going to settle with Donald Trump, right, the guy he works for, to pay him $10 million. In broad daylight, Elon Musk in the government

and his company X is gonna pay Donald Trump $10 million to compensate Donald Trump for a failed lawsuit that Donald Trump had already lost at the trial court level and that was up on appeal, unlikely to be reversed. So a losing case, Elon Musk decided to put $10 million directly into Donald Trump's pocket, the guy that he works for, right? I thought they were all supposed to be working for us.

I thought they were all supposed to be in public service. So when have we ever heard in the history of America, one employee paying the boss, who's the president of the United States, $10 million, and to settle a case that is a failed case for Donald Trump? Case got dismissed by the trial court level, and it wasn't gonna likely be revived at the Ninth Circuit. I've been before the Ninth Circuit.

Very difficult to win an appeal at the Ninth Circuit. So you got that $10 million. You've got Metta, Facebook, paid Donald Trump $25 million on a lawsuit. That was also just sort of languishing around. This is all because Donald Trump was spreading lies and disinformation and misinformation on his social media platforms,

including through Jan 6th and during Jan 6th, to foment discontent, to create more of a firestorm attacking the Capitol. And so he was deplatformed, taken off these platforms. So now because he's the president and these people are scared and they're worried about their own dollars, that's why they were all lined up like toadies, like bootlickers at the inauguration, one next to each other. In the section that's usually reserved for family of Donald Trump. It was all the tech bros. So you have $10 million Elon Musk handing it off

to his boss. You've got $25 million for Metta. And then you've got the other, the also social media platforms. In addition to that, Melania's BS documentary that nobody wanted, nobody wanted. Three of the major media companies didn't even bid on it. None.

Disney only wanted distribution rights. They offered 15. Everybody else, like Paramount and everybody else, all the streaming services, they offered like five. And lo and behold, Amazon and Jeff Bezos, they buy it for $40 million. The next bid was 15. So go to 16. No. The delta between 15 and 40, right? That's the bribe. That's Jeff Bezos, who's friends with Ivanka and Jared and live next to them in Miami and party with them in Aspen, wanting to get in the good graces of the Trump administration.

So they overpay for millennia. That delta between what is proper market value and what they actually paid, that's a bribe. That's $40 million. So let's keep doing the math. You got 40 million, 25 million, and 15 million, and 10 million. That's almost 100 million dollars right there. Now, another 100 million dollars was earned by Trump in selling his phony meme Trump coins, you know, dollar sign Trump coins, those meme cryptocurrency. Yeah. You know who made money on

that? Two people. The Trump family, or two entities, the Trump family that got a hundred million dollar brokerage fee, just a fee, for the transaction, the buy and sell. That fee that nobody read went to the Trump organization for the buy sell. So a hundred million dollar fee, regardless of what happened to the meme coins. See now that's a broker. So a broker always makes money regardless of what happened to the meme coins. See now that's a broker. Broker always makes money regardless of whether his clients lose money because they make it on the churn. They make it on the velocity at which the buy and the sell happen and they get a little

vig in between using my Wall Street background. So that's $100 million, regardless of what his stake in the coin is that went up to $75 and then back down to $15, undermined by a Melania coin. So between the two, they made over $130, $140 million brokerage fee. Here we go. This time of year, many of us start thinking about our health goals, like losing weight, exercising more or eating better. But a goal without a plan is a plan to fail. Prolon's

five-day program gives you tools to put your resolutions into action with a science-backed plan that makes it easy to stay focused and achieve real results. Prolon's fasting-mimicking diet is a revolutionary plant-based nutrition program that nourishes the body while making cells believe they're fasting. Researched and developed for decades at USC's Longevity Institute and backed by leading US medical centers, Prolon helps promote healthy blood sugar, enhanced loss, and improved energy and focus. It all starts with their five-day program. Snacks, soups, and beverages designed to keep your body

in a fasting state, no guesswork or planning required, which is a relief after a busy holiday. Three consecutive cycles of ProLon have been shown to reduce your biological age score by an average of two and a half years and your waist circumference by one and a half inches. Look, when I'm craving a real reset after the holidays, Prolon is the only nutrition program that works for me.

It's convenient, backed by Nobel-winning science, and it works. Just in time for the new year, Prolon is offering Legal AF by Midas Touch listeners 15% off their five-day nutrition program for your post-holiday glow-up when you go to prolonlife.com slash legalaf. That's p-r-o-l-o-n life.com slash legalaf for 15% off. prolonlife.com slash legalaf.

Now let's look at Eric Trump and Don Jr. Everything that everybody was concerned about on the MAGA side about Hunter Biden, Don Jr. and Eric are doing more and worse. They all got seats on boards. They took stock in return. All the stocks skyrocketed in these conservative holding companies with all different media assets because of the involvement of their sons, forget their sons, because of their involvement of the Trump family name. All the stock doubled and tripled and that already lined the pocket of Don Jr. and Eric to the tune of another, let's just call it another $100 million of value transfer, wealth transfer to the Trump kids because they have the Trump name. Right?

Now, by the way, where is the oversight, the Judiciary Committee run by MAGA about watching in plain sight the president's children make $100 million off the name of the father? The Biden crime family? This is the Trump crime family, obviously. They were just gaslighting us that whole time with that narrative and that thematic. So $100 million to the kids, $100 million brokerage fee or more to Trump for the meme crypto stock, and about $100 million brought in by all these social media platforms and the sale of the Melania documentary to quote unquote Amazon for three times the price of

anybody else that wanted to pay it. of the Melania documentary to quote-unquote Amazon for three times the price of anybody else that wanted to pay it. Are we okay with all of this as we await Donald Trump issuing some sort of ethics plan that's going to allow him to be somehow restrained? Let me just say something out loud to our audience that they're not going to find to be very comforting. The President of the United States, no matter who it is, is not subject to government conflict of interest or ethics laws. Let me repeat that. Next time you elect a president, understand that the

way that constitutional powers of Article 2 have been interpreted, the president rises above the law in the area of ethics and in the area of conflicts of interest. So we cannot limit Donald Trump's avarice and greed, those sins, and his attempts to make money. He knows it, he's learned it, and he is cunning in his approach to abusing it. I mean, it is abuse. It's abuse of power, but there's nothing we can do about it except if he in the emoluments clause of the Constitution, if he lines his pockets from foreign powers

because of his status as the presidency. Now, he said that as it relates to hotels, because they're trying to buy back the old post office property that they sold for 300 million dollars the first time around. Trump family is trying to rebuy the old post office building which is currently a Waldorf Astoria hotel in DC and repurchase it and put a Trump brand on it, of course. He says he's gonna donate the money from the profits from operating that hotel to the Treasury. Good luck. We'll stay on top of it. I doubt he does that. And who is he negotiating the ethics plan with? This ethics plan he's going to announce to the government. He's fired the Office of Government Ethics. The guy was five days into a five-year term and he got fired already by Donald Trump. Donald Trump has

fired all the ethics watchdogs. He's fired all the attorneys general. So who is he negotiating with himself? Is that it? Is he negotiating with Suzy Wilds, his chief of staff, or maybe with Stephen Miller, his White House counselor? Is that who he's negotiating with? So this is going to be a completely illusory, imaginary ethics plan. And Eric Trump has already said the quiet part out loud, the son who's running the business. Does anybody really believe that Fredo is running the casinos, if you know what I mean? I don't think so. Although when Trump ran the casinos, he ran them into the ground too,

but put that aside for a minute. Eric Trump already said out loud the quiet part. I was very ethical the first time around in the way we operated the business, and we refused to do foreign deals while my father was the president, and I didn't get any credit for it. So, dot, dot, dot, I'm not gonna do it now. Yeah. They're not gonna limit.

They've already said out loud they are not gonna limit. Not only are they not gonna limit, they are going into overdrive to cut deals with foreign powers who want to do business with the president. Right? The president is transactional.

Our president, Trump, is transactional. Trump is commercial. All he's looking to do every minute, from when he brushes his teeth in the morning to when his head hits the pillow in his separate bedroom from Melania, all he wants to do is make money, not increase our national security,

which he's constantly undermining, not increase our personal wealth as a nation or your individual wealth, you know, or your kitchen table or pocketbook or wallet issues. That's not what his concern is. His concern is how does he make, how does he leave office like any kleptocracy, like any oligarch, how does he leave office

with billions of dollars better off in wealth transfer than when he entered office? That's what we're watching. I mean, we're, how many weeks into this administration are we, three weeks in? He's made $200 million? Do the math. I said that he's going to be indicted three to four thousand times before, I'm sorry, let me rephrase that, it stays in the

pod. I said that he's going to be have three to four thousand lawsuits against this administration for the constitutional crises and lurching from one crisis to the next and power grabs and abuse of power that is on full display with this administration. We're already there. We're averaging almost three lawsuits a day. We have 68 lawsuits in 21 or 22 days. So we're going to get to my 3,000 to 4,000 number. And right now, the attorneys general, the public interest groups are winning at a rate of about 95% these lawsuits.

The first administration, it was 80%. Now it's up to 95% because the more Donald Trump does, the more unhinged he is, the more he doesn't color within the lines of appropriate executive orders, the more we have Constitutional Administrative Procedure Act, First Amendment, other types of violations that are as apparent, that are as clear as the nose on anyone's face when they go into federal court. That's why he's losing. He's not losing because these judges are corrupt. When did they become corrupt? When they were appointed, when they were vetted and appointed by the Senate?

When they handled hundreds or tens of thousands of other cases that didn't have Trump's name in it? Now suddenly they're corrupt because they were appointed by a different party? They should be impeached. Who's going to impeach them? Who? Congress? Congress is going to impeach them.

They've got a, MAGA Congress hasn't done a, the 119th Congress might as well just put up a gone fishing sign because they haven't done a darn thing for the American people since they've gotten in. Yeah? So, I'm going to continue to follow this. Let me leave you with this. We're three weeks in. $200 million wealth transfer to the Trump family since we've been in, including a $10

million payment by Elon Musk to Donald Trump, which is a pittance. Trump should have drove a harder bargain because look at the wealth transfer in favor of Elon Musk since he's gotten that position. He's doubled his wealth. He's almost worth $500 billion. $10 million, that's his dry cleaning money, although he doesn't seem to wear nice clothes. That's his chump change, that's his money in his pocket.

My grandfather used to call it folding money. That's his folding money. So as you can see, I'm on the road, but this stuff keeps me up at night, puts my hair on fire. So I wanted to get right back here on the microphone and help everybody and help us speak truth to each other. I'm Michael Popak, Legal AF, OG, top eight in the world. Not because of me, I mean, I contribute.

Because of you guys, because of your involvement, your devotion, your interest in law and politics. Wednesdays and Saturdays at 8 p.m. Eastern time, right here on this Midas Touch Network, we've gotten us to four million, you've gotten us to four million subscribers You've gotten us to four million subscribers. And over, let's help the other channel, the other pro-democracy channel in collaboration

with the Midas Touch Network, Legal AF, the YouTube channel, Legal AF MTN, get to half a million by its half birthday. Yeah? And then one day, hopefully I'll be here in about two and a half years from now. I'll be telling you how Legal AF had four million subscribers with your help. But until that time, I'm Michael Popock and I am reporting.

In collaboration with the Midas Touch Network, we just launched the Legal AF YouTube channel. Help us build this pro-democracy channel where I'll be curating the top stories, the intersection of law and politics. Go to YouTube now and free subscribe at LegalAFMTN. That's at LegalAFMTN. Enjoy casino games at your fingertips with the same Vegas strip excitement MGM is famous for. When you play classics like MGM Grand Millions or popular games like Blackjack, Baccarat, and Roulette, with our ever-growing library of digital slot games, a large selection of online table games, and signature Bet MGM service,

there is no better way to bring the excitement and ambience of Las Vegas home to you than with BetMGM Casino. Download the BetMGM Casino app today. BetMGM and GameSense remind you to play responsibly. BetMGM.com for terms and conditions. 19 plus to wager Ontario only. Please play responsibly. If you have questions or concerns about your gambling or someone close to you, please contact Connects Ontario at 1-866-531-2600 to speak to an advisor free of charge. BED-MGM operates pursuant to an operating agreement with iGaming Ontario.