The David Pakman Show - 9/22/22: Republican Lies About Military Service, Trump Sued with Criminal Referral
Episode Date: September 22, 2022-- On the Show: -- Democratic Congressman Jamie Raskin absolutely destroys Congressman Thomas Massie's conspiracy theory about Ray Epps, a supposed FBI operative at the January 6 riots -- Trump-Endors...ed Republican candidate JR Majewski fabricated his imaginary military service in Afghanistan -- New York sues Donald Trump and his family and refers the case to the IRS for criminal prosecution -- Donald Trump erupts on Truth Social about the lawsuit against him and his family by the state of New York -- Donald Trump reappears on Fox News to be interviewed by Sean Hannity in an interview so absurd and deranged that, despite his attempts, even Hannity can't save Trump -- Donald Trump's lawyer Alina Habba does media rounds, desperate to try to defend Trump, but unable to do so -- Many viewers of our newly-launched Pakman Finance channel wrongly think David is a communist or socialist -- Voicemail caller Troy York's brain is totally scrambled in his latest voicemail -- On the Bonus Show: Ginny Thomas will speak to January 6 Committee, woman who falsely accused black bird-watcher loses lawsuit against ex-employer, World Cup captains want to wear rainbow armbands in Qatar, much more... ❄️ ChiliSleep by SleepMe: Get 25% OFF your bed-cooling system at https://chilisleep.com/pakman 🌿 Sunset Lake CBD: Get 20% OFF using code PAKMAN at https://sunsetlakecbd.com 🔊 Try Blinkist for FREE and get 25% off at http://www.blinkist.com/pakman 🎠 Busy Box Child: Save 10% with code PAKMAN at https://busyboxchild.com 🥄 Use code PAKMAN for $5 off Magic Spoon at https://magicspoon.com/pakman 👍 Code PAKMAN saves you 20% on Munk Pack: https://thld.co/munkpack_pakman_0922 -- Become a Supporter: http://www.davidpakman.com/membership -- Follow us on Twitter: http://twitter.com/davidpakmanshow -- Subscribe on YouTube: http://www.youtube.com/thedavidpakmanshow -- Subscribe to Pakman Live: https://www.davidpakman.com/pakmanlive -- Subscribe to Pakman Finance: https://www.davidpakman.com/pakmanfinance -- Like us on Facebook: http://www.facebook.com/davidpakmanshow -- Leave us a message at The David Pakman Show Voicemail Line (219)-2DAVIDP
Transcript
Discussion (0)
Speaker 1 So I want to start today with something that gives me great pleasure.
It's video of our friend Congressman Jamie Raskin, who appeared on this program not long
ago and who I think is doing an excellent job basically making a fool out of Republican
Congressman Thomas Massey because Massey sees conspiracies everywhere.
Now, in particular, in this clip, it's all about Ray Epps.
Now, if you haven't heard about Ray Epps, I'm going to tell you about him in a moment. But
it's important that, you know, before we look at the clip, there are some on the right who believe
that an individual named Ray Epps, who appeared in Washington, D.C. on January 5th in some videos,
is either an agent or an asset or an informant of the FBI who essentially encouraged Trump
ists to do what they did on January 6th and that the entire thing was staged slash encouraged
by the FBI.
There is no evidence for this whatsoever.
Republicans, some are obsessed with it.
And Jamie Raskin in this clip rightly points out to Massey, why is everything a conspiracy
to you?
And take a look at the first few seconds alone are extremely informative.
Mr. Epps was in front of the January 6th committee and we were told that a transcript of his
interview would be released, but it's never been released.
And I wondered, was he sworn out of the transcripts have been released. So you don't need a conspiracy theory about that. We haven't released
any. Were you pressed? So this is such it's it's just the beginning of this clip. But it's so
important. A lot of these right wingers love to say, hey, but what about this? This is suspicious.
And oftentimes the this is just the way things are done. And so in this case,
Massey says you haven't released the transcript from when we spoke to Ray Epps. And Jamie Raskin
says we've done a thousand interviews. We haven't released any transcripts. There's nothing special
about Ray Epps. It's sort of like when Republicans claim voter fraud and you say, OK, well, what is the basis for that claim?
And they say, well, the pictures of every scanned ballot haven't been released to us.
That's never done in any state, even states where the margin of victory is massive. That's not
that's not something that's a red flag. OK, let's continue. When he was interviewed,
that'll give me. No, I was not. I was not. We've
done more than a thousand interviews. You guys are trying to make this poor schmuck who showed
up to your protest into something a lot bigger than he is. OK, he's just trying to survive and
he's on your side. You don't have many voters left. You might want to try to hang on to them
without demonizing and vilifying your own people. Isn't that great? That's the Donald Trump way. Sell everybody else down the road.
Unless you can get a pardon.
Some people are still hanging around
waiting for their pardon.
But most people have opened their eyes
about what he's done to our country.
What he's done to his family.
Have you guys ever read the book by Mary Trump
about the way that Donald Trump
has absolutely destroyed their family?
Wrecked her father's life. They do it to family, they do it to friends, they do it to their own associates and employees.
And now you guys are doing it to this poor Ray Epps.
Leave that guy alone, whoever he is.
So very nicely done by Jamie Raskin. And they love to see conspiracies everywhere,
even when there are none. There's a really good fact check dot org article about the entire Ray
Epps thing. The quick take is Ray Epps was at the Capitol, but there is no evidence he was an FBI
plant. There is evidence that Epps once held a leadership role in the Oath Keepers, some of whose members
have been charged in the attack.
Ray Epps is a 60 year old.
He owns a wedding venue in Phoenix, Arizona.
The FBI put a picture of him on a list of people they were seeking information about.
And the conspiracy theories about Ray Epps include he just doesn't really seem like a
random insurrectionist.
He seems more like law enforcement.
The other circumstantial claim that's made by some Trump is says he was on a list of
people the FBI wanted to talk to and suddenly he was off the list.
Well, maybe it's because the FBI found him and talked to him.
Everything is a conspiracy with these people and they should be ridiculed the way that
Jamie Raskin did. I saw a funny comment on Twitter that Thomas Massey really has Milton from office
space vibes. You know, the guy who where is where is my stapler? But that's my that's my favorite
stapler. It is very accurate. There is that exact vibe to Thomas Massey and Ray Epps. Raskin calls him a poor schmuck.
Maybe I wouldn't go that far, but he's certainly a right winger. And he was certainly in Washington,
D.C. on January 5th, 6th. And he certainly is not an FBI plant. Hey, a couple of months ago,
I interviewed this Trump endorsed Republican House candidate candidate J.R. Majewski.
We spoke about a lot of things with J.R.
Majewski.
In some areas, he was quite radical.
In others, he was not quite so radical.
But we have now learned that J.R.
Majewski has completely fabricated his supposed record as a military veteran who served in
Afghanistan multiple times.
This is stolen valor, folks. Multiple times. J.R. Majewski has
said, I did serve in Afghanistan. It turns out that he didn't. This was, if I understand
correctly, broken by the Associated Press, in which Brian Slodisco and James Laporta wrote.
J.R. Majewski presents himself as an air for air force combat veteran
deployed to Afghanistan after 9-11, once describing, quote, tough conditions,
including a lack of running water, forcing him to go more than 40 days without a shower.
Military documents obtained by the AP tell a different story. Majewski never deployed to Afghanistan. He did six months loading planes
at an airbase in Qatar. That's an ally. It was very safe from any fighting. Majewski's account
of his time in the military is only one aspect of his bio that's suspect. His post-military career
has been defined by exaggerations, conspiracy theories, talk
of violent action against the U.S. government and occasional financial duress.
Thanks to an unflinching allegiance to Trump, he also stands a chance of defeating the longtime
Democratic Congresswoman Marcy Kaptur.
Now, listen, this guy is out of his mind.
And we knew that from the interview I did with him.
He has no business being a member of the House.
I hope that these lies. Yes, this is stolen valor. I hope that these
lies about his military service end up torpedoing his campaign. He should he should just drop
out. He probably won't. Let's take a look at some clips. Here is J.R. Majewski claiming
that he did a tour of duty in Afghanistan, but he doesn't really like to talk about it.
What a humble guy.
Huh?
Did you serve in Afghanistan?
Yes, I did.
Did you serve in Afghanistan?
Yes, I did.
That is a lie.
That is a lie.
OK, I'm just going to play it once more so that there's no ambiguity here about whether
he lied.
Did you serve in Afghanistan?
Yes, I did.
How many tours? One. What? What year were you there? What years? No ambiguity here about whether he lied. Did you serve in Afghanistan? Yes, I did.
How many tours?
One.
What?
What year were you there?
What years?
2000 and 2002, 2003.
Wow.
So you served right right at the beginning.
Yeah.
Was that experience like?
Tough, tough.
I don't like talking about my middle military it was really tough when he was in
afghanistan never happened just a lie sorry experience not not not that um not that we've
said too much i just don't i don't really like to i really don't like to divulge a lot of things
about the military because you know they're to me you, it was a it was a tough time in life.
You know, the military wasn't easy, but in retrospect, it's one of the best decisions
I've ever made. Speaker 1
It's a lie, folks. He loaded planes in Qatar for six months. That's what he did. There was
no tough experience in Afghanistan. Now, as far as his claim that he didn't shower for 40 days, maybe that's true, but it certainly
wasn't because there was no running water.
Here's another example of this wherein he says that he he he it's something it's it's
a really detailed story about playing video games in Afghanistan.
He was never in Afghanistan.
It's just a lie. Xbox and I'd be on that thing to like midnight,
just talking and shooting people, man.
It was fun.
But I also remember now that I'm thinking about that,
but yeah, we played the division man for forever.
And then the division two game came out
and we just kind of got, we just, you know,
we played it for like a month or two
and it wasn't the same.
So we quit. But I remember being in the desert and writing in Afghanistan.
And that is a lie. He was not in Afghanistan.
Somebody's mom sent a PlayStation two or something like that over with Grand Theft Auto.
And anyway, you get the point. So the point is he was playing video games when he was in
Afghanistan. And then there's a whole bunch of these a whole bunch of these examples of him
just lying. Here's another one. Did she serve in the military?
No, she and you did. You were Air Force. OK, you served in Operation Enduring Freedom, correct?
Absolutely. Afghanistan. Yes, sir. Yes, you served in Operation Enduring Freedom, correct? Absolutely. Afghanistan.
Yes, sir. Yes, sir. In Afghanistan. It's just another lie. And I could even find to find more
of these. And they are quite despicable. In fact, just to be thorough, there was one more here.
Yeah. Here he actually he says he lost his grandmother when he was in Afghanistan.
I have no regrets in my life. One or two. And those those regrets are, you know, if I could do them over, it would be things that I didn't know I could have controlled.
You know? Yeah. But, you know, the most important thing that's ever happened probably is I lost my grandmother when I was in Afghanistan and I didn't I didn't get to see her.
That that he wasn't in Afghanistan.
Now did he lose his grandmother while he was in Qatar?
Maybe.
But that's a totally different story.
That's not combat.
So by the standards of Republicans, this guy should be forced to drop out.
Not a single Republican should be voting for this guy. Republicans claim that we should revere our veterans. Now, of course, they don't do it.
We don't even provide good medical care in many cases to our veterans, although the VA does the
best it can. We really leave behind veterans in many ways when it comes to jobs as well. But forget about the fact that they don't really mean it. Stolen valor should be the end of the road for these Republicans.
And yet J.R. Majewski might still win his race. Horrible stuff and really good reporting by the
AP and others figuring out that this guy apparently made up the entire thing. Let me know what you
think. Find me on Twitter at
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Major, major, major news yesterday.
Donald Trump and his family are getting sued.
New York.
Yes, they are suing Trump.
And the case is being referred to
the Internal Revenue Service, the IRS, for criminal prosecution. This is this is really
important that the key detail here is this is totally separate from the FBI search warrant.
This is unrelated. This is a totally different thing as the legal problems are stacking up, up, up,
higher and higher to the moon for Donald Trump and his family. This relates to the fraudulent
representations of asset values, exactly as our friend Michael Cohen testified about and will
talk to us about when he joins us later this month on the program. CNBC article New York sues Trump company and
family members over widespread fraud claims seeking at least 250 million dollars in penalties.
New York Attorney General Letitia James sued Trump, Trump Org, as well as Eric Don Jr. and Ivanka for allegedly widespread fraud,
as Trump says, involving false financial statements related to the company.
Mr. Trump's statements of financial condition from 2011 to 2021 were fraudulent and misleading
in both their composition and presentation.
That's CNBC patch dot com explains more about what is believed that Donald Trump and his
family did.
Claiming money that you do not have does not amount to the art of the deal, said Letitia
James in the civil suit Wednesday.
James says Trump repeatedly and grossly inflated the value of properties in a longstanding
game of smoke and mirrors. Trump repeatedly and grossly inflated the value of properties in a longstanding game
of smoke and mirrors.
So I'll explain the gist of this.
And I think to some in our audience, you already know this, but it's worth explaining.
What is the point of saying a property you have is worth more or is worth less than it
really is. And it has to do with are you trying to get a loan
using that property as collateral or are you trying to avoid property taxes on a particular
property? Let's say I have not a perfect building in New York, but a nice building and it's worth
10 million dollars in reality. Now, in reality, Trump's defenses that
property values are subjective. And of course, that's true. But let's say that on average,
independent appraisers say a building is worth 10 million dollars. If you need a 15 million dollar
loan, the 10 million dollar building is not going to suffice as collateral. In general, you can get,
generally speaking, 80 percent loan to value, meaning for a $10 million building, you can only get a loan of $8 million against it.
So in order to justify the $15 million loan, Trump can say this.
This is a great building.
This is a $20 million building.
And now that would enable him, if the bank believes it, to give him a 15 dollar
loan against it. So that's when you inflate the asset value. On the other hand, incomes,
the property tax collector, the real estate tax collector and says, you've got a 10 million dollar
building here. You owe us money for property taxes based on 10 million. And then Trump can
make a completely different case and say,
now, listen, the toilets aren't so good. You got to flush them 10 to 15 times,
as Trump often complains about. And, you know, Jared Kushner is evicting people and all these different things. It's not worth 10 million. It's only worth five million. So tax me on the five
million. It's a type of fraud. And it relates to keeping two sets of books and it relates to a whole
bunch of other accounting and different types of fraud.
So this is the crux of it.
Now we've got a couple of videos here from the attorney general, Letitia James, and she
has quite a bit to say about all of this.
Mr Trump also blatantly ignored legal restrictions at Mar-a-Lago. Mar-a-Lago was valued on the false premise that it sat on unrestricted property and could be developed for residential use.
However, Mr. Trump knew that Mar-a-Lago was property and donating his residential development rights in an effort to get a tax deduction and later to lower his property taxes on the property.
Exactly. The deeds also require Mr. Trump to donate over 23 percent of Mar-a-Lago's value to the Historic Trust for Historic Preservation, if he ever sold it.
Despite these significant restrictions, Mr. Trump valued the property based on the false premise
that it was an unrestricted residential 18-acre plot of land that could be sold and used as a private home. In fact, the valuations represent that these restrictions don't even
exist. The club generated annual revenues of less than $25 million and should have been
valued at more than, valued at about $75 million. However, Mar-a-Lago was valued as high as $739 million.
Bit of an exaggeration, that's for sure. And Letitia James, they're outlining just more
examples of the type of thing that I'm talking about now. What is she seeking? Well, in addition
to $250 million in damages, her goal is to
prohibit any of Trump's companies from doing business in the state of New York.
And lastly, to cancel any certificate filed under and by virtue of the provisions of Section
130 of the general business law for the corporate entities named as defendants
and any other entity controlled by or beneficially owned by Donald Trump, which participated
in or benefited from the ongoing financial scheme.
In other words.
Permanently prohibit any of these companies from doing business in the state of New York.
Now we don't know whether any of these things
are going to happen. We don't know whether a single dollar is going to be collected here in
this lawsuit. We don't know whether Trump and his family will actually be barred from doing business
in New York. But what we do know is that the legal problems are mounting and the legal bills are
exploding dramatically here. Now, Donald Trump is, of course, on a tirade about this, and we'll get to that in a moment. But understand that these are mechanisms which anyone in a sense could could try
to take advantage of. If you have a house that's worth three hundred thousand dollars, you could
try to get a favorable, favorable appraisal if you want to get a home equity line of credit.
And you could also call the local tax assessor and say the property is terrible. It's
not worth that much to lower your property taxes a little bit. But we're talking about thousands
of dollars there. Here we are talking about tens, if not hundreds of millions of dollars
that impact dramatically tax collections and loan money that is put at risk by financial
corporations. This is very serious. So it should be taken seriously. We are going to follow where this goes to points that have been made about why
it will be difficult for Letitia James to prevail in this lawsuit. Number one, there is a disclaimer
that is included in these valuation documents by the Trump organization, which says property valuations
are subjective.
Now, whether that is enough to clear someone of fraud liability is going to have to be
investigated.
But one claim is we say this is subject to it is subjective, period.
And then number two, proving that Donald Trump really meant to deceive and that he was even
personally involved.
All of these are obstacles, certainly to holding Trump accountable.
But the legal problems mounting and Donald Trump completely exploding about this within
minutes of yesterday's announcement that New York Attorney General Letitia James is suing
Trump and his family for two hundred and fifty million dollars and seeking to bar his organization from doing
business in New York over multiple instances of alleged fraud.
Donald Trump took to his failed social media platform Truth Social, also known as Truth
Central to Trump and viciously attacked Letitia James, not defending himself on the merits,
but just attacking Letitia James. Let's take a look at a few of these posts. Donald Trump,
starting with, quote, another witch hunt by a racist attorney general, Letitia James,
who failed in her run for governor, getting almost zero support from the public and now is doing
poorly against law and order.
Attorney General candidate, highly respected Michael Henry. I never thought this case would
be brought until I saw her really bad poll numbers implying it's all political. She is a fraud who
campaigned on a get Trump platform. Despite the fact that the city is one of the crime and murder disasters of the world under her watch.
Trump continuing Attorney General Letitia Peekaboo James. I don't have no clue what Peekaboo is all
about. A total crime fighting disaster in New York is spending all of her time fighting for
very powerful and well-represented banks and insurance companies who were fully paid,
made a lot of money and never had a complaint about me instead of fighting murder and violent crime,
which is killing New York state.
She is a failed attorney general whose lack of talent in the fight against crime is causing
record numbers of people and companies to flee New York.
Bye bye.
And then lastly, Trump continuing his attack, not defending himself on the charges, but just
attacking the messenger. The New York Times, her peekaboo James case against him could be difficult
to prove. Property valuations are often subjective and the financial statements include a very strong
disclaimer. Thank you. So this is going to be a fight, but it is problem after problem for Donald Trump.
And I'll be I'll be perfectly frank with you.
I don't know whether Trump plans to run for president in 24.
I don't know whether Trump believes that running for president will somehow insulate him from
the repercussions of all of these legal problems.
The people doing the prosecution say it will not, but it remains to be seen.
But it is increasingly looking like it's going to be really difficult to run for president
at the same time that there are so many legal problems that you are facing.
We'll see what ultimately happens.
And all of these clips that I played for you are available on our Instagram, which you
can find by searching Instagram
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themes for each season, or you can get a monthly sandbin subscription for hours and hours of fun. the David Pakman Show at David Pakman dot com. I am going to play for you now clips from the most humiliating, deranged and disastrous interview
that I can ever remember Donald Trump giving since the start of his political career.
Trump seems visibly scared in this interview. This interview took place last night on Fox News
with Sean Hannity after the news that New York was suing Trump and his family
for 250 million and seeking to prevent him from doing any business in New York after Trump's own
special master said, you got to cut the crap because these explanations aren't cutting it.
And after a judge determined that, yes, the Department of Justice can now resume its
investigation of Trump with the documents they seized at Mar-a-Lago.
Trump is scared. And when Trump gets scared, he becomes belligerent, belligerent without even
drinking. Let's get right into this. Trump missing from Fox News for a while, allowed back on.
And before we even get into the criminal stuff, Trump continuing this impossible to understand statement that
he both completed the wall and was just about to finish it when he left office.
Came along and they just dismantled that they wouldn't finish the wall. The wall was completed.
The original section was completed. I said, let's do more. We did more. He could have
had that finished in three weeks. OK. The wall was done. But then they stopped it, but we had completed it
and then they said we could do it in three weeks. I can't even make sense of that, so I'm not even
going to try. Let's just continue. Here is Donald Trump addressing this issue of the values of his properties.
See if you can make sense of this.
And she said, we're going to get him that her whole campaign was based on that.
And then she came after us.
We've been going over this for years.
And I actually thought because our values are really high, the company is great.
I built a great company, right?
Places like this.
So many other places I have like this, frankly, I mean, just among the finest places
anyone can't even address the substance.
Just he gets locked into this.
My places are great in the world.
I actually thought that they would never bring a case.
And she brought it.
And the reason I thought because she didn't have a case, I was of the impression she wanted
to settle.
But I had a problem because how do you pay something even if it's a small amount of money?
If you're not guilty, this was he thought she was going to.
I mean, it's completely unintelligible, folks.
I thought we were just going to settle with her instead.
But also, how do you do guilty when you didn't do anything wrong?
But why were you expecting to settle then?
What are you talking about?
It doesn't make any sense.
This continues to just get worse and worse.
Trump unable to answer any question directly asked by Sean Hannity.
Were you actually the one filling out the loan applications?
I don't think Trump even answers that question.
Go back to Letitia James.
Did you ever in your life fill out a loan application when in the Trump organization? Well, you know, we make loans, but I have very little debt.
The question was, do you fill out the application? Here's what I want to tell you.
I might add one thing. They've demeaned me for years with this stuff. And now they find out I
have very little debt. He doesn't answer the question. OK, the question was, do you fill out the loan apps? And Trump
goes, I don't have much debt. And, you know, we make loans, but who knows here? Hannity
actually seems to try to help Trump come up with possible legal defenses. They're not
great ideas. I have to tell you, I was told that in your financial statements, when you
make a loan application and you can confirm if you know this or not know this,
do you put in a caveat that actually says these are our valuations?
Yeah.
Because I don't know a lending institution, a bank, a financial institution that would lend money to anybody
and just go by the borrower's estimation evaluation of a particular property. So if you're buying $100 million property
and you're putting X, Y and Z up for leverage, you estimate its value at this. They estimated
at this. Don't they have a fiduciary responsibility before you give you that amount of money?
So what they do determine what the value is. These are banks that have the best law firms
in the world, the biggest and best and most powerful. They do their own work. They don't rely on us. But what they do is we have a disclaimer and we put. So understand the subterfuge,
whether or not that not that is true. And it is true, generally speaking, that that's that banks
do that. It doesn't make it any less fraudulent for Trump to put a bunch of this stuff on paper in the way that he did as outlined
in the 200 page lawsuit. My people put it together. I would look at it and it looked fine,
but it's not overly important. What's important is the property at the best property. What happened,
Sean, is we have a disclaimer right on the front and it basically says, you know, get your own
people. You're at your own risk.
This was done by management.
It wasn't done by it was done by management.
So don't rely on the statement that you're getting.
And it's and by the way, it goes on for like a page and a half.
It's a very big disclaimer.
It's a very powerful disclaimer.
Super powerful guys.
It's nobody's ever seen a disclaimer this powerful to be to be completely honest.
Trump then continues to argue he he's almost continuing to argue the false real estate
values that are at the crux of the lawsuit.
He just keeps saying these are the values after saying, well, it's subjective.
So even if it's worth less, it's not really my problem.
Now he says, well, these are the values values ability to come up with their own valuation because
they've got their own bosses and shareholders that they have to answer to.
So they would look at a property like this.
I don't even have a mortgage on this property.
I don't have a mortgage on most of my properties.
OK, I actually I want to address that for a second.
You and I might say you either have a mortgage on a property or you own it outright in these
big commercial properties, hotels and resorts and this type of thing.
Saying I don't have a mortgage versus I don't have debt are two different things because
in these types of properties, sometimes they are financed with debt to equity financing.
It's not a mortgage.
A mortgage is not the instrument.
Sometimes you would have a commercial loan.
Sometimes it's a commercial construction loan because you're buying a property for 50 million
and you need another 25 million for work.
And so you need 75 million and you put down 10 percent.
It's not a mortgage, strictly speaking.
They're not mortgages, but it is still debt.
And so that all of these little statements are misdirections at their core.
You know, I used to read where it's overextended and he had so much money to borrow.
And I'm saying, what are they talking about?
But and actually, the one good thing is people see what a great company I built.
I built a great company, a powerful company.
You're getting sued for lying.
And he's talking about his company, a company that's very lowly leveraged with the among
the best assets anywhere in the world.
I mean, you look at this asset.
She has this down to seventy five million dollars.
I can tell you it's many times that number.
She said, oh, he valued it at seventy five or whatever it was or she valued at seventy
five.
He doesn't even know what he's saying.
This is, by the way, Mar-a-Lago.
What they're talking about is Mar-a-Lago, which Letitia James believes is worth seventy
five million and Trump believes is worth worth seven hundred and thirty nine million.
Letitia James.
No, but if I were going, I don't
have a mortgage on this property. If I was going to put a mortgage on this property,
the institutions are going to be coming over. They're going to go through comparable properties
all over Palm Beach or whatever it is, wherever it may be. Miami, we have them all over. We have
tremendous property. So he's completely all over the place. Then it starts to get almost a little
bit sad where Trump admits he has trouble referring himself to himself as a former president.
When they're here, we could do lots of things.
I think we had good security.
We had as you know, we had tremendous Secret Service.
They are unbelievable people.
And they're all over Mar-a-Lago, as happens to a former president, et cetera, et cetera.
I hate to use the word former because I have a lot of problems with what happened. But the fact is, we know we wouldn't be having
all these problems that we have right now, by the way, with Ukraine and Russia talking about nuclear.
This has nothing to do with Ukraine and Russia. Your weapons now. I want to get to all of that
because what's happening in the world is horrible. It's a horrible thing. What's happening in the
world? At another point during the interview, Trump again went back to the FBI planted evidence
at Mar-a-Lago.
Now, that is old ground, which I thought he had gotten away from by saying they didn't
plant it.
It was totally fine for me to have it.
But I guess we're going back to maybe it was planted when Hillary broke them up, broke
up all our phones with the hammers and they did the bleach.
Oh, God.
Now the story is Hillary with a hammer smashing up Trump's iPhone.
All the things that happened were incredible.
Well, you could also say thirty three million documents or pages with President Obama.
That's very questionable.
Thirty three million.
Three thousand happens to be a similar questionable. Thirty three million. Three thousand happens to be a similar
number. Thirty three million. That's suspicious, guys. Thirty three. A lot of thirty three going on.
They're fighting over them or arguing over them. The problem that you have is they go into rooms.
They won't let anybody near that. They wouldn't even let them in the same building.
Did they drop anything into those piles?
There it is. There's the suggestion. The FBI could have dropped any of that stuff,
which I, by the way, declassified. Why would you declassify the very things the FBI is planning to leave there? Then maybe the whack, the second wackiest moment of this interview,
Trump says he can declassify documents telepathically by thinking about it.
Folks, please stand it.
You know, there's different people say different things.
But as I understand, that doesn't have to be if you're the president of the United States,
you can declassify just by saying it's declassified even by thinking about it.
Right.
Because you're sending it to Mar-a-Lago or to wherever you're sending it.
And it doesn't have to be a process.
There can be a process, but there doesn't have to be.
So Trump can telepathically declassified documents, but he didn't take them.
They might have been planted by the FBI.
And it just so happened that they had been telepathically declassified by Donald Trump.
Here is the final moment from this interview. And it is so unintelligible. Trump is on a word salad
that is so unintelligible that about a minute in Hannity tries to stop Trump to help him because what he's saying is making so little sense.
And even Hannity can't save Trump. Speaker 1
So let me ask you this question, because I think this is the next logical question,
because the president of the United States, you, unlike, say, Hillary Clinton in her case,
a president has the power to declassify. Correct. Okay. You had said on Truth Social a number of times you didn't declassify.
I did declassify, yes.
Okay.
Is there a process?
What was your process to declassify?
There doesn't have to be a process, as I understand it.
You know, there's different people say different things.
But as I understand it, there doesn't have to be.
If you're the president of the United States, you can declassify just by saying it's declassified, even by thinking about it.
Because you're sending it to Mar-a by thinking about it, because you're sending it
to Mar-a-Lago or to wherever you're sending it. And there doesn't have to be a process.
There can be a process, but there doesn't have to be. All right. So that's what we saw before.
And now it goes off the rails. And within 30 seconds, Hannity tries to help. And he even
he can't save Trump. You make that decision. So when you send it, it's declassified.
We I declassified everything.
Now, I declassified things and we were having a lot of problems with Nara.
You know, Nara is a radical left group of people running that thing.
And when you send documents over there, I would say there's a very good chance that a lot of those documents will never be seen again.
There's also a lot of speculation because of what they did, the severity of the FBI
comes in and raiding Mar-a-Lago.
Were they looking for the Hillary Clinton emails that were deleted?
But they are around someplace.
Were they looking for the spy?
You had it.
No, no.
They may be saying they may have thought that it was OK.
And a lot of people said the
only thing that is Trump saying the FBI might have thought Hillary's bleached emails were at Mar-a-Lago.
I can't tell you what he's saying. That would give the kind of severity that they showed by actually
coming in and raiding with many, many people is the Hillary Clinton deal,
the Russia, Russia, Russia stuff. Or I mean, there are there are a number of things,
the spying on Trump's campaign. Folks, this guy is scared in a way I've never seen him be scared.
I think that's the explanation here. The behavior, the delusions, the unhinged nature. There is something
materially different here. And I believe it's that Trump is scared out of his wits. Let me know.
We will have this clip on our Facebook page. We will have it on our Instagram. I want to hear from you. Who doesn't love a good cereal, the crunchiness, the sweetness,
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All right, let's cover a couple of other things.
It is an increasingly difficult job for the lawyers that have been hired.
And I use the term hired loosely because it's never really clear that they're getting paid.
The lawyers that have been hired by Donald Trump to defend him and to make the arguments in the court of public opinion or
in the media that will really sway anybody. Now, I've already said to you before the arguments
they make on TV, they often will not make in a court of law. And we saw that over the last
couple of days. But sometimes it gets to the point where they don't even really have arguments that they can
make on TV. And one of Donald Trump's lawyers, Alina Haba, appeared yesterday on Newsmax and
all sorts of other media outlets. And nothing that she said was particularly persuasive.
One of the claims she tried to make in this first clip is that the reason Trump's buildings
are worth so much more than many will acknowledge is because of the intangible value raising
name recognition that calling a building a Trump building has.
Now, unfortunately, this isn't true.
But here's Alina Hba trying to make this argument.
Number one, number two, when you have a Trump property, that's a unicorn property. That's
what we call that. That's something that has a brand. That's what we in the business call the
value and has real estate value. He's got some of the best buildings in New York. So you want
to sit there and tell me, oh, Trump, do you know what a property is worth? It's worth what someone's willing to pay for it.
It doesn't matter what Letitia James thinks.
Now, the only problem with this argument is that Trump's properties increasingly seem
beleaguered by being called Trump, whatever.
In fact, remember some of these stories from when was this from last year?
Trump branded New York building looks to remove president's name.
Ex-president's name on Tower reduces its value.
This is the opposite of the argument that Alina Haba is making.
Other examples, Business Insider from 2019, all the places that have removed Trump's name since he won in 2016.
And there's this whole list of places to ice skating rinks, removed Trump signs, nine other buildings, removed Trump signs.
So it's just a lie. In fact, not only might the Trump name not increase value, it might diminish value.
Here is another one of these clips where it just doesn't sound very convincing.
I'll be ready to grow and we will continue to crush it.
We're going to continue to crush it.
It is what it is.
It's an election political ploy.
Here we go. Leticia. You know,
you made a mistake. You wanted to file, but it's going to be another L in your bucket.
Here we go. Yeah, I'm not finding her super credible nor super persuasive. Here is the
same lawyer, Alina Habba, on a different show on I guess this is also Newsmax. This one's called Rob Schmidt Tonight.
And again, I'm not finding her arguments particularly. I really think persuasive is
the right the right word. Speaker 1
Now, the Department of Justice filed this crazy raid pretending it's all these criminal actions
because it's around the corner to November. And this is what we like to call an October surprise,
which we've seen before. Yeah. So it's an October surprise in September before a November
in which Donald Trump is not actually running. Hmm. It's not making a lot of sense, Alina.
And of course, one of the realities that eventually
we just start to bump up against is you can't always defend the indefensible.
You just can't. You get to a certain point where, OK, listen, you know what? I don't know.
I don't know. Between the Mar-a-Lago thing and the Georgia thing and the January 6th thing
and the New York fraud thing and all of the other
things and the alleged rape thing and all these.
At some point, you just can't keep continue.
You can't continue defending the indefensible.
And that's what Trump's lawyers are now up against.
And it's quite a pleasure to see.
I have to tell you, hopefully they're at least getting paid, which is a really tough thing
to collect when you are working for Donald
Trump. Hey, this is I think some of you may find this interesting. We launched the Pacman Finance
Channel. We announced this a while ago, and I'll remind you what that is in a moment.
And the comments on this channel are pure and utter gold, where I am both being called a socialist communist who has no business
talking about personal finance and also being called a capitalist who is bad.
Like Alex Jones says, oh, the bonus show where you want to make money, everybody else that makes
money to fund themselves is bad. And for that reason, people aren't going to watch the channel. So let's back
it up a little bit. About a month and a half ago, we announced the forthcoming launch of the Pacman
Finance YouTube channel. This will be a channel. It's not a political channel. It's personal
finance with someone who is on the left rather than like right wing Dave Ramsey. So the way I like to
think about Pacman, Pacman Finance is it's like Dave Ramsey, but not a right wing nut,
not irrationally obsessed with avoiding debt and not anti-vax. That that's the way that's the
elevator pitch for Pacman Finance. And it took us a while to get this launched. And we finally did.
There are currently two videos up, one about building a logical asset allocation and another
one for how to build an emergency fund and the right order of operations for one's finances. Incredibly, after just 24, 48 hours of videos, we are already at 3750 subscribers to this brand
new channel. It's incredible. I can't thank people enough. And you can find the channel
at YouTube dot com slash Pacman Finance. It's no frills, personal finance, how to make a budget, why home prices and interest rates move in
opposite directions.
Index funds, just basics.
OK, YouTube dot com slash Pacman Finance.
But the really interesting thing is I've been on politics YouTube for a decade and
a half, and I know about the kind of toxic nature of what's on politics. YouTube now being exposed
to finance YouTube. It's absolutely fascinating. Check out some of these comments that I spotted.
Our friend Tommy Boy showed up and said, shouldn't you just wait for the government to give you
everything you need to survive? I don't know when I've ever advocated for that.
And then Tommy Boy adding this is comical, a complete socialist talking about asset allocation,
laughable hypocrisy.
If you know anything about me and my channels, it's that I am not a socialist.
I am a social Democrat.
That's a well regulated type of capitalism.
So Tommy Boy is confused.
Then we continue with people with a different perspective.
Sergeant Salty showed up and said more capitalist lies.
You can get rich, too, if you follow this advice.
That's not what I said.
You cannot find a single place where I even imply that.
Sergeant Salty goes on to say, how about instead of playing into the system,
advocate for a new system that people don't have to struggle to succeed in? Well,
come over to my David Pakman show YouTube channel where I advocate for exactly that type of change.
Zephyrus commented, I refuse to watch capitalist content. So some people won't watch it because it's communist and some people won't watch it because
it's capitalist.
OK, a couple others.
Stig's Journey said, why is a communist talking about finances?
Hmm.
And then Mr. Rembrandt said, why would a progressive anti-capitalist start a finance channel? Well, where are you getting that?
I think capitalism is broken, but I'm not a socialist and I'm not a communist. And then
lastly, this is my favorite. Jason Crawford asks a really good question. What actual expertise do you have in personal finance? That's a fair question. I have an MBA
specialized in financial planning. That's my expertise, and I hope that it is suitable.
Folks, we've got a real problem out there. So as a reminder, I will outline I am an adherent to social democracy.
I'm fine with markets being used to direct resources in some areas. Broadcast microphones,
fine. Supply and demand. Put it in the market. You know, hipster sneakers. Fine. But I want certain areas out of that. When we talk about
health care, when we talk about education, there are certain things I don't think should be
subjected to vulture capitalism and the whims of the market. Everybody should have a home.
Everybody should have health care. Everybody should have food. We can do these things. OK. And as a social
Democrat, which is a well-regulated form of capitalism, I believe that we should use taxation
on the very rich. To ensure that nobody drops below a certain level, a certain standard of
living, we should be funding maternity and paternity leave.
We should be using those funds to make sure that we are taking care of people. The rich can still
be rich, but the richer you get, we're going to take a bigger and bigger slice to make sure
everybody's doing OK. If you want to call that socialism, you're wrong. If you want to call that
unregulated capitalism, you're also wrong.
We're talking about a regulated form of capitalism.
OK, so that's the deal.
We don't do politics on the finance channel.
We do the politics here.
But again, I encourage you to go to YouTube dot com slash Pacman Finance.
Be one of the first 5000 subscribers.
It's free, guys.
It's completely free.
Next video comes out today.
We've got another video coming out tomorrow.
It's an absolutely fantastic thing.
We have a voicemail number and that number is two one nine two.
David P. Now I'm going to do something potentially against my better judgment.
I am going to play a voicemail from this very insistent troll, Troy York.
Now some of you might say that rings a bell. Troy York,
where do I know that name? Troy York has been calling into the show and leaving voicemails for
years and years and years. And months ago, maybe even longer, I just stopped playing his voicemails
because they got so boring and pedantic and pointless. You didn't like them. I didn't like
them. They didn't bring anything interesting to the table. Recently, people have been saying whatever happened to Troy York. Well, what happened
to Troy York is that he still leaves two to three voicemails a day. Haven't played his voicemail for
months, maybe longer, but he is insistently leaving voicemail after voicemail. Half of them,
you can barely hear what he says. His connections, a disaster. The background noise isn't is just
infuriating. But I want to play one voicemail
just to show you this is really what happens when your brain is completely scrambled on right wing
talking points and confusion. And you're in a daze where you completely lack any ability to
think critically or for yourself about anything. And as often as the case, Troy York uses up the
full three minute max on our voicemail line. Let's just see how far we can get through this. But understand
this is your brain on idiocy. David Pakman, more lies of the corrupt mainstream media
through their polling continue to meddle and rock into the Pennsylvania
Senate election and continue lies and abuse of polling is something that there needs to be
with. These polls mean absolutely nothing and are meant to manipulate the votes. They always favor the Democrats.
Well, right now, John Fetterman is up for in polling in Pennsylvania and Ron DeSantis is up
five in polling in Florida. So if we can't believe any of the polling, then certainly on Election Day,
both of the results in those races should differ
from the polling.
We'll be able to test that in just a few weeks.
They are partisan in nature.
They're untrustworthy.
They are deceiving and they should be declared illegal.
Anyone with a brain.
That's a really conservative light touch.
Right.
Make polling illegal.
Would ignore these polls, but naturally you are like the scarecrow from the land of Oz.
You do not have a brain that functions properly.
Your brain, Mr. David Pakman, is a butter.
It's but it's not mayonnaise.
It's butter.
Listen, I mean, polls are generally
speaking pretty accurate. You know, you go back to 2020. The polling going in had Biden like plus
five and Biden ended up winning by seven point two. It's really pretty close in 2016. Let me
see if I can 2016 Trump Hillary. I'll get the exact numbers for us.
In 2016, the polling had Hillary up three and Hillary won the popular vote by two.
Now of course we have this crazy system called an electoral college and it led to Trump winning
the electoral vote.
But the popular vote polls said Hillary plus three Hillary won by two.
The polling is generally speaking pretty accurate.
Joy, you are so deranged with Trump syndrome.
You are so delusional with your progressive radical extremism.
Yeah.
You can't even call out these polls for the horse manure that they are. Dr. Memento is by far a healthier, stronger. More a more competent
person. Speaker 1
I can't speak to the comparison between Oz and Fetterman on physical health,
but Oz is in way over his head. Betterman's a really brilliant guy. Harvard, lieutenant governor, et cetera.
Oz doesn't know up from down and left from right.
More competent leader than John Fetterman, who is a disgrace.
He is a scum.
He looks like the average homeless guy.
He can't dress.
He can't talk.
He has no ability to live a healthy lifestyle.
He doesn't talk. He has no ability to live a healthy lifestyle. He doesn't care.
The man is.
Morbidly obese, unhealthy.
I actually don't think Fetterman's morbidly obese anyway.
So that's Troy York.
That'll be the one voicemail for the year.
He'll keep calling in, you know, two to three times a day.
But for those of you who have been wondering, it's still the same dribble.
We have a great bonus show for you today.
Ginni Thomas, the wife of Supreme Court Justice Clarence Thomas, will be speaking with the
House January 6th panel when and under what terms we will discuss the woman who falsely
accused the Black Bird Watcher. remember that wacky story and then
got fired?
She sued her ex-employer and has lost the lawsuit.
We will talk about it.
Many are calling it sweet justice.
I'm not calling it that, but many people are.
And the World Cup captains want to wear rainbow armbands in Qatar. I have to tell you, the rainbow armbands are fine,
but the stadiums were built by essentially slave labor. So this is one of those things where,
yeah, fine, but we're kind of missing the forest for the trees. We're going to talk about all of
those stories and more when producer Pat joins me on today's bonus show, you can get instant access
to the bonus show by signing up at join Pacman dot com. And remember, we have launched the new
YouTube channel, Pacman Finance, YouTube dot com slash Pacman Finance. Subscribe free.
The clips are going up. We'll see you then.