The MeidasTouch Podcast - Trump WATCHES Entire Life COLLAPSE, Michael Cohen SPILLS THE BEANS

Episode Date: October 25, 2023

MeidasTouch host Ben Meiselas reports on the devastating testimony given by Michael Cohen against Donald Trump in the New York Attorney General Civil Fraud case.  Get 20% off any Electric Toothbrush..., Mint & Gum Dispenser, Water Flosser at https://GETQUIP.com/MEIDAS Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://pod.link/1510240831 Legal AF: https://pod.link/1580828595 The PoliticsGirl Podcast: https://pod.link/1595408601 The Influence Continuum: https://pod.link/1603773245 Kremlin File: https://pod.link/1575837599 Mea Culpa with Michael Cohen: https://pod.link/1530639447 The Weekend Show: https://pod.link/1612691018 American Psyop: https://pod.link/1652143101 Burn the Boats: https://pod.link/1485464343 Majority 54: https://pod.link/1309354521 Political Beatdown: https://pod.link/1669634407 Lights On with Jessica Denson: https://pod.link/1676844320 Uncovered: https://pod.link/1690214260 Learn more about your ad choices. Visit megaphone.fm/adchoices

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Starting point is 00:02:56 York Attorney General civil fraud trial. And I'm Ben Mycelis from the Midas Touch Network. Michael Cohen's testimony was devastating to Donald Trump during the direct examination. Michael Cohen went through in painstaking detail his tasks in preparing statement of financial conditions and how Donald Trump ordered that he and Allen Weisselberg and Jeff McConaughey prepare fraudulent statement of financial conditions to inflate the valuation of Donald Trump's properties to basically back in whatever valuation Donald Trump wanted to attribute to his properties to inflate his
Starting point is 00:03:40 overall net worth. Here is Donald Trump arriving at court attacking michael cohen play this clip and here is michael cohen as he entered court. Play the clip. Let me just turn around and say that this is not about Donald Trump versus Michael Cohen or Michael Cohen versus Donald Trump. This is about accountability, plain and simple. And we leave it up to Judge N'Goran in order to make all the determinations on that. So I thank you all for coming. Thank you. And even before that, here is Michael Cohen
Starting point is 00:04:41 speaking with some members of the press about his testimony. Play the clip. So it's been five years since we've been in the same room. And as far as my credibility, I don't know how many times I've said it. I'm actually glad that I have the press here today. My credibility should not be in question. Yes, I pled guilty to a 1001 violation, which was lying to Congress. But I have also requested that people continue the sentence. And the sentence is, I did it at the direction of, in concert with, and for the benefit of Donald J. Trump. All it had to do with was the number of times that I stated that I spoke to Donald Trump about the failed Trump Tower Moscow real estate project. The Mueller team acknowledged it,
Starting point is 00:05:33 congressional committees acknowledged it, and I'm certain that the judge today will acknowledge it as well. How do you feel about seeing him? What do you think is for you emotionally and for him seeing him being in the same room? I'm looking forward to the reunion. All right. Well, thank you all very much. And I'll see you a few minutes down at the courthouse. Don't be intimidated, Michael. Yeah, it's a tough one. Michael. And there were some protesters there as well, chanting out, Donald Trump lies, Donald Trump lies. Here, Trump lies all the time.
Starting point is 00:06:06 Play that clip. Want to give a hat tip to Lisa Rubin, who was in the courtroom live tweeting what was going down. She reported that during the direct testimony, Michael Cohen explained, quote, I was asked by Mr. Trump to increase the total assets based upon a number that he arbitrarily elected and my responsibility, along with Allen Weisselberg predominantly, was to reverse engineer those asset classes, increase those assets in order to achieve the number Mr. Trump had tasked us to. Cohen testified he understood that these statements
Starting point is 00:06:54 were to be used to demonstrate net worth for acquisitions and for insurance purposes and that they were meant to be shared with third parties including by presenting them to insurance brokers brought to the trump organization the benefit was to show high values for the assets with low liabilities in order to obtain more favorable premiums cohen also recalled using the statements in connection with certain acquisitions including theills, which Trump ultimately did not purchase, and the Doral Club, which he did. And in the statements submitted to the Buffalo Bills, Donald Trump claimed his net worth to be $8 billion. Trump's lawyer, Christopher Keiss, tried to object to that from coming in. Here is Glenn Kirshner, federal prosecutor, friend of the Midas Touch Network. He was in the courthouse as well. Listen to how he describes what went down
Starting point is 00:07:55 as Donald Trump watched Cohen deliver this devastating testimony. Play the clip of Glenn Kirshner. Play it. Thater didn't seem to do with Michael Cohen and SDNY in the case in which SDNY determines that Donald Trump is co-conspirator individual one in the hush money case doesn't do why do you think that is um I don't know why that is Nicole I don't know why it took as long as it did in New York. You know, the brazenness of some of what Michael Cohen has been saying during his direct examination, things like Donald Trump just threw out a number. I'm going to say I'm worth $5 billion and instructing Michael Cohen and the chief financial officer,
Starting point is 00:08:42 Allen Weisselberg, to just reverse engineer the numbers, just cook the books and have it add up to five billion. That is so brazen and so nefarious. And if you're doing it only because you're chasing, you know, tabloid headlines, that's one thing. But Michael Cohen made it pretty clear in both his congressional testimony and I'm sure in his trial testimony, that no, this was to secure bank loans, it was to, you know, secure insurance for his properties, and it was fraud, massive, systemic, years-long fraud. And, you know, in one sense, Nicole, this is an opportunity for Donald Trump to confront his accuser, right? Through his lawyers, you get to confront and cross-examination the witnesses who are testifying against you but in another sense this really feels like a moment where michael cohen gets to confront his tormentor because you know michael cohen um paid off playmates
Starting point is 00:09:39 and porn stars for donald trump at his direction and for his benefit and who goes to prison. Michael Cohen, I have always maintained that is a deep injustice, not that Michael Cohen went to prison for his crimes, but that Donald Trump has not suffered one moment of accountability for his crimes. Maybe, you know, that is coming because this this feels like a preview of Michael Cohen's testimony for Alvin Bragg in the criminal prosecution being brought for the sort of massive, you know, fraudulent business records case that Alvin Bragg has brought. But I would think ultimately this must be a somewhat satisfying moment for Michael Cohen. Good health starts with good habits.
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Starting point is 00:11:56 attacking Michael Cohen afterwards. I spoke with Michael Cohen on the political beatdown podcast that I co-host with him. And Cohen appropriately did not comment on his testimony after the testimony was given, although it didn't stop Donald Trump from attacking Michael Cohen here. Pull it up right here. Donald Trump writes, Michael Cohen was a complete and total disaster in the Biden-inspired trial today. Lie after lie and getting caught each time. My great assets are worth more than is on my financial statement, and it's not even close.
Starting point is 00:12:31 The rigged trial doesn't even give me the right to a jury, but the people are just watching, and they are seeing what is going on here. A miscarriage of justice. He puts that in capitals. The statute being used for this case gives me no rights and has never been used for this before, but the facts are all on my side, which hunt everything that Donald Trump says there is a lie. The statute has been used over and over again by the New York Attorney General. There are recent cases where this exact statute has been used. This has nothing to do with President Biden at all. Donald Trump's statement of financial
Starting point is 00:13:06 conditions, if he's saying that he deflated him, he's kind of admitting to liability here in this statement as well. But no, Donald Trump's own words, Donald Trump's own statement of financial conditions, Donald Trump's own notations, Donald Trump's chief financial officer, and Donald Trump's own controller, and Donald Trump's outside appraisers. They've testified. We've went through on exacting detail here at the Midas Touch Network, the presidential premiums that Donald Trump used to inflate his properties, 15 to 30 percent, according to testimony that was given. We've heard from Donald Trump's former controller, Jeff McConney, who testified that he was told to commit fraud by Allen Weisselberg. Allen Weisselberg,
Starting point is 00:13:50 Donald Trump's chief financial officer, now a convicted felon, claimed he didn't recall things and when confronted with emails that he was involved, was perplexed, and didn't know what to do. And we've continued to show that Donald Trump over and over again lied on these statement of financial conditions. But I'll tell you what I'm looking forward to, folks. I'm looking forward to Eric Trump, Don Jr. I'm looking forward to Ivanka. I'm looking forward to Donald Trump's testimony. All right, tough guy. Time to show your testimony. I still have a sinking feeling that Donald Trump is going to be too cowardly to show up. And when it comes to his testimony or he's going to claim, oh, it's a witch hunt. It's a witch hunt. I'm not going to testify, but we will see if Trump has it in him to testify. I still don't think it is. I'm really interested to see Eric
Starting point is 00:14:46 Trump's testimony. It is going to be absolutely devastating, folks. So, and by the way, today, I couldn't help but note the irony as towards the end of it, Alina Haba was cross-examining Michael Cohen. And I couldn't help the irony of just thinking like, Alina Haba, you realize that what happened to Michael Cohen is what happens to all of Donald Trump's lawyers. Like you realize that MAGA stands for make attorneys get attorneys. As this trial was going on in New York week four, we had Jenna Ellis, Donald Trump's other lawyer entering entering a guilty plea in the criminal RICO case. That means that three of Donald Trump's lawyers in Georgia have already pled guilty. You watching that, Alina? But we've got Sidney Powell, who Donald Trump says, she's not my lawyer. I don't
Starting point is 00:15:37 even know who she is. She's never my lawyer. You got Ken Chesbrough. And now you've got Jenna Ellis all entering guilty pleas in Georgia. Here, let me take you out with watching Jenna Ellis right here enter a guilty plea. Play the clip. Thank you, Your Honor, for the opportunity to address the court. As an attorney who is also a Christian, I take my responsibilities as a lawyer very seriously, and I endeavor to be a person of sound moral and ethical character in all of my dealings. In the wake of the 2020 presidential election, I believed that challenging the results on behalf of President Trump should be pursued in a just and legal way. I endeavored to represent my client to the best of my ability. I relied on others, including lawyers with many more years of experience than I, to provide me
Starting point is 00:16:30 with true and reliable information, especially since my role involved speaking to the media and to legislators in various states. What I did not do, but should have done, Your Honor, was to make sure that the facts the other lawyers alleged to be true were in fact true. In the frenetic pace of attempting to raise challenges to the election in several states, including Georgia, I failed to do my due diligence. I believe in and I value election integrity. If I knew then what I know now, I would have declined to represent Donald Trump in these post-election challenges. I look back on this whole experience with deep remorse. For those failures of mine, Your Honor, I have taken responsibility already
Starting point is 00:17:10 before the Colorado bar who censured me, and I now take responsibility before this court and apologize to the people. And folks, there you have it. Make sure you hit subscribe. We're on our way to 2 million subscribers here on the Midas Touch Network. Check us out, patreon.com slash Midas Touch, P-A-T-R-E-O-N.com slash Midas Touch. Have an excellent day. Hey, Midas Mighty, love this report? Continue the conversation by following us on Instagram, at Midas Touch, to keep up with the most important news of the day. What are you waiting for? Follow us now.

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