Desperate Trump Abandoned by Rich Friends, Begs for Money to Pay Fines: A Closer Look

Late Night with Seth Meyers
25 Mar 202411:00

Summary

TLDRThe video script discusses the financial and legal challenges faced by Donald Trump, including a trial for hush money payments and a civil fraud case. It highlights his need for funds and the difficulty he faces in securing financial support due to his history of not repaying debts. The script also touches on the impact on the Republican National Committee, with Trump's allies reportedly redirecting funds to support his legal battles.

Takeaways

  • 🏛️ Donald Trump is facing a significant legal challenge, with a trial date set for April 15th regarding his hush money case.
  • 💸 Trump is experiencing financial difficulties, struggling to pay legal fines from his civil fraud trial and is seeking financial assistance.
  • 📅 An appeals court has given Trump a ten-day window to post a $175 million bond, a reduction from the original $454 million in fines he owes.
  • 🏢 New York authorities were preparing to seize Trump's properties if he failed to provide the funds, causing him to publicly express his frustration.
  • 🤐 Trump has been uncharacteristically silent and subdued during court appearances, a departure from his usual behavior.
  • 💬 His 2015 campaign promises of self-funding and independence are contradicted by his current financial situation and appeals for donations.
  • 📺 Trump and his allies are frequently on TV asking for financial support, highlighting their desperation in the face of mounting legal costs.
  • 🤔 Billionaire friends and Wall Street donors are reluctant to contribute, possibly due to Trump's history of not repaying loans.
  • 🤝 Trump's son, Eric Trump, has faced rejection when attempting to secure loans, with potential lenders laughing at the request.
  • 🏛️ There is an internal shake-up within the Republican National Committee, with mass layoffs and a re-direction of funds towards Trump's legal fees.
  • 💂 The situation reflects a broader issue within the Republican Party, with Trump's allies taking control of the RNC to further his political aims.

Q & A

  • What is the main financial issue that Donald Trump is facing as mentioned in the script?

    -Donald Trump is struggling with significant financial challenges, including legal fines from his civil fraud trial and a hush money case. He is reported to owe a total of $454 million and is seeking financial assistance as he is unable to pay these fines on his own.

  • What was the outcome of the court case in Manhattan related to the hush money?

    -A judge in the Manhattan court case ruled that the trial for the hush money issue would begin on April 15th. Donald Trump was notably silent during his appearance in court.

  • How has Donald Trump's demeanor changed according to the observations in the script?

    -The script suggests that Trump's usual energetic and confrontational demeanor has been replaced by a more subdued and uncharacteristic silence. He appears to be struggling with the legal and financial challenges he is facing.

  • What was the ruling of the appeals court regarding Donald Trump's financial situation?

    -The appeals court ruled that Donald Trump has ten days to post a bond of $175 million. This is a reduction from the total $454 million in fines that he owes, providing him with some temporary relief.

  • How has Trump's campaign for financial assistance been framed in the script?

    -The script describes Trump's campaign for financial assistance as desperate, with him and his allies publicly asking for donations to help with his legal battles. This is contrasted with his earlier claims of not needing anyone's money due to his wealth.

  • What was Trump's initial promise regarding his financial independence during his 2015 campaign announcement?

    -In 2015, when announcing his campaign, Trump promised that he was financially independent and did not need anyone else's money. He claimed to be using his own money for the campaign and not accepting donations or money from lobbyists.

  • What has been the reaction of Trump's billionaire friends to his financial situation?

    -According to the script, none of Trump's billionaire friends have offered financial assistance. There is a suggestion that they may be hesitant due to Trump's history of not paying back loans.

  • What is the significance of the term 'Nurtue' mentioned in the script?

    -The term 'Nurtue' is a humorous reference to a social media post made by Trump, which was incomprehensible. The script suggests that it was a misspelling or miscommunication, and when translated, it essentially meant 'I don't have the money.'

  • How has the Republican National Committee (RNC) been affected by Trump's financial struggles?

    -The script indicates that Trump's financial struggles have led to a significant shake-up within the RNC. Mass layoffs have been ordered, and the committee's spending is being redirected towards Trump's legal fees, with the stated goal of electing Donald J. Trump as President.

  • What is the reaction of financial institutions to Trump's request for a large loan?

    -The script suggests that financial institutions are reluctant to lend Trump the substantial amount he requires. His son, Eric Trump, has been met with laughter when approaching potential lenders with the request for a half-billion-dollar bond.

  • What is the significance of the phrase 'bloodbath' and 'mob-like takeover' in the context of the RNC?

    -These phrases are used to describe the dramatic changes within the RNC, where Trump's allies have taken control and implemented mass layoffs. This is seen as a move to consolidate power and divert resources towards supporting Trump's legal and political needs.

Outlines

00:00

🏛️ Legal Troubles and Financial Struggles

This paragraph discusses Donald Trump's significant legal challenges and financial difficulties. It highlights his appearance in a Manhattan court for a hush money case, with a trial set to begin on April 15th. The script also mentions the ruling by an appeals court giving Trump ten days to post a $175 million bond, a reduction from the initial $454 million in fines from a civil fraud trial. The paragraph underscores Trump's previous claims of financial independence and not needing anyone's money, contrasting it with the current situation where he and his allies are actively soliciting funds. It also points out the reluctance of his billionaire friends and Wall Street donors to contribute, possibly due to Trump's history of not repaying loans.

05:05

💰 Desperation for Funds and Impact on Republican National Committee

The second paragraph focuses on Trump's desperation for financial support and the impact of his financial struggles on the Republican National Committee (RNC). It describes how Trump and his allies are pleading for money on TV, including an instance where Trump's former economic advisor, Larry Kudlow, unsuccessfully asks Shark Tank's Kevin O'Leary for a loan. The paragraph also details how Trump's son, Eric Trump, faces ridicule when attempting to secure a large bond. Furthermore, it discusses the mass layoffs ordered by Trump's allies at the RNC and the takeover by Trump's daughter-in-law, who redirects the committee's spending towards Trump's legal fees and re-election campaign, emphasizing the extent to which Trump is resorting to various means to secure funds.

10:07

🤝 Intimidation Tactics and Final Plea for Donations

The final paragraph of the script briefly touches on Trump's tactics of going to offices to solicit funds, accompanied by Lindsey Graham, implying the use of intimidation to encourage donations. The paragraph concludes with a reiteration of the plea for financial support, suggesting that Trump's situation is dire and he is leaving no stone unturned in his quest for funds.

Mindmap

Keywords

💡financial struggle

The term 'financial struggle' refers to a situation where an individual or entity is facing difficulty in meeting their financial obligations or managing their funds effectively. In the context of the video, it is used to describe the challenges faced by Donald Trump, who is reportedly struggling to pay legal fines from his civil fraud trial and is seeking financial support to cover the costs associated with his hush money case.

💡legal fines

Legal fines are monetary penalties imposed by a court of law as a punishment for violating laws or court rules. In the video, the mention of 'legal fines' relates to the financial consequences that Trump is facing as a result of his involvement in a civil fraud trial. These fines are a significant part of the financial burden he is struggling with.

💡hush money case

The term 'hush money case' refers to a legal situation where payments are made to keep someone quiet or to prevent the disclosure of potentially damaging information. In the video, this term is used to describe one of the legal issues Trump is dealing with, where a trial has been set for these alleged payments.

💡appeals court

An appeals court is a judicial body that hears cases after a lower court has made a decision, with the purpose of reviewing and potentially overturning or modifying the lower court's ruling. In the context of the video, the appeals court's decision provides Trump with a temporary reprieve by allowing him more time to post a bond, which is a form of financial security to cover potential future fines or damages.

💡bond

A bond, in a legal and financial context, is a form of security for a debt or obligation, often posted by a defendant to ensure compliance with court orders or to guarantee the payment of a sum of money. In the video, Trump is required to post a bond as part of his legal obligations, which is a significant financial burden for him.

💡social media

Social media refers to online platforms that allow users to create and share content or participate in social networking. In the context of the video, social media is the channel through which Trump communicates with the public, including posting messages that are described as 'incomprehensible screeds'.

💡independence

Independence in a political or financial context refers to the ability to operate without external control or influence, often implying self-reliance or autonomy. In the video, the concept of independence is contrasted with Trump's actual reliance on fundraising and financial support from others, challenging the image he initially portrayed.

💡fundraising

Fundraising is the process of collecting voluntary contributions of money or other resources, usually for a particular purpose. In the video, fundraising is depicted as a desperate measure Trump and his allies are taking to cover his financial obligations, including asking for small donations from the public.

💡Wall Street

Wall Street is a term often used to represent the financial district of New York City and, by extension, the financial markets and institutions of the United States. In the video, it is mentioned to highlight the lack of financial support Trump is receiving from his wealthy associates and friends in the financial sector.

💡Republican National Committee (RNC)

The Republican National Committee (RNC) is the unified organization that leads the Republican Party in the United States, responsible for coordinating campaign strategies, providing support to candidates, and managing resources. In the video, the RNC is mentioned in the context of internal changes and financial maneuvering to support Trump's legal and political needs.

💡political support

Political support refers to the backing or endorsement given by individuals, groups, or institutions to a political figure, party, or cause. In the video, political support is discussed in the context of Trump's allies and how they are actively seeking financial contributions from the public to aid Trump in his legal battles.

Highlights

Donald Trump faces financial struggles and legal issues, including a civil fraud trial and a hush money case.

A trial date has been set for Trump's hush money case to begin on April 15th.

Trump was unusually quiet during his court appearance in Manhattan, a departure from his typical behavior.

An appeals court granted Trump a ten-day window to post a $175 million bond, a reduction from the original $454 million in fines.

New York authorities were preparing to seize Trump's properties if he failed to pay the fines.

Trump's social media post, containing the word 'Nurtue', was translated to express his lack of funds.

The situation contradicts Trump's initial claim of financial independence during his 2015 campaign announcement.

Trump's campaign involved raising millions of dollars, despite his claims of not needing anyone's money.

Trump and his allies are currently soliciting donations on TV to help with legal fees.

Trump's乞求资金的行为显示出他的财务困境,甚至包括华尔街的富有朋友也不愿提供帮助。

特朗普的亿万富翁朋友们不愿出钱的原因之一可能是他们担心不会很快看到资金回报。

特朗普过去在偿还银行贷款方面有不良记录,这可能导致他的朋友们对他的财务偿付能力缺乏信心。

特朗普的财务困境到了他的盟友们在电视上公开请求富人捐款的地步。

特朗普的儿子埃里克在尝试借款时遭遇嘲笑,显示出金融界对特朗普家族的不信任。

特朗普为了筹集资金,甚至接管了共和党全国委员会,以转移资金用于自己的法律费用。

特朗普的儿媳现在是RNC的联合主席,她正在根据授权将RNC委员会的支出从下级竞选转移到特朗普的法律费用上。

特朗普的行为显示出他为了筹集资金而不惜动用各种资源,包括利用共和党全国委员会。

Transcripts

00:01

-Donald Trump is drowning financially

00:03

and begging people for money

00:04

as he struggles to pay the legal fines

00:06

he owes from his civil fraud trial,

00:08

and now a trial date has been set for his hush money case.

00:11

For more on this, it's time for A Closer Look.

00:13

♪♪

00:17

Today was a huge legal day for Donald Trump,

00:19

and I know I say that a lot, but it's also true a lot.

00:23

First, he appeared in a Manhattan court case

00:25

for his hush money case, where a judge ruled that a trial

00:28

will begin on April 15th, and Trump was

00:31

uncharacteristically tight-lipped when he arrived.

00:36

[ Camera shutters clicking ]

00:43

That's it?

00:45

He's starting to sound like a burned out hypnotist.

00:47

"You're getting very sleepy.

00:49

Okay. Now you're a chicken. Thank you."

00:52

You know it's bad when he can't even bring himself to stop

00:54

and rant for 45 minutes about Sleepy Joe

00:55

or Hunter's laptop or windmills.

00:58

He just goes through the motions on a couple

00:59

of catchphrases and wanders off.

01:01

It's like seeing a depressed Buzz Lightyear in Times Square

01:04

smoking a cigarette.

01:06

"To infinity and beyond. Now give me five bucks

01:08

and [bleep] off."

01:11

Trump also got a lifeline from an appeals court today,

01:13

which ruled that he has ten days to post a bond of $175 million,

01:17

which is still massive,

01:19

but less than the total $454 million in fines

01:21

that he owes from his civil fraud trial.

01:23

New York authorities were preparing to seize

01:24

Trump's properties if he couldn't come up with the cash,

01:27

which set him off. Shortly after midnight,

01:29

Trump posted this incomprehensible screed

01:31

on social media...

01:50

"Nurtue."

01:52

[ Audience laughing ]

02:00

Mad about that part.

02:20

Now that's a lot of words, so we translated it

02:22

from Trump to English, and here's what it means...

02:24

"I don't have the money. Frowny face emoji."

02:27

The whole thing punctures the central myth

02:30

of Trump's life and career.

02:31

As you recall, one of the very first things

02:33

Trump told us about himself

02:34

when he announced his campaign back in 2015

02:36

was that we could trust him to be independent

02:38

because he didn't need anyone else's money.

02:40

-Here's the good news I'm very rich.

02:43

I don't need anybody's money. It's nice.

02:44

I don't need anybody's money.

02:46

I'm using my own money. I'm not using the lobbyists.

02:49

I'm not using donors. I don't care.

02:51

I don't want their money. I don't need their money.

02:54

I'm turning down millions of dollars

02:55

for the campaign -- millions.

02:57

Everybody's offering me money, and I don't want it.

02:59

So I'm turning down millions of dollars.

03:01

-"I'm turning down millions of dollars,

03:03

and I definitely won't come to regret it."

03:05

As a general rule, if you're the kind of guy

03:07

who knowingly breaks laws and commits fraud,

03:09

you probably shouldn't go around bragging

03:11

that you'll never need anyone's money.

03:13

It's like an Alaska Airlines flight attendants saying

03:15

"In case of an emergency, although who are we kidding?

03:17

Nothing bad is going to happen. This is a Boeing plane."

03:23

Of course, Trump not taking money wasn't true at the time.

03:25

Trump raised millions in 2016.

03:27

It's especially untrue now when he and his allies are on TV

03:30

all the time, begging for money.

03:32

-I am very humbly asking if you could chip in five,

03:36

10, or even $25.

03:38

If you could chip in, if you've done well,

03:41

if you remember those great four years

03:43

that we had where you made a lot, we need your help.

03:47

-You need to help this man, Donald J. Trump.

03:50

They're trying to drain him dry.

03:52

Give the president some money to fight this bull [bleep].

03:56

Stand up and help the man.

03:57

Pray for our country. Pray for him.

03:59

Go to DonaldJTrump.com and give money

04:03

so he can defend themselves.

04:04

America literally is at stake as we know it.

04:09

I'm sorry I'm so upset, but please help President Trump.

04:12

If you can afford 5 or 10 bucks,

04:15

if you can't afford a dollar, fine.

04:16

Just pray. Pray for this country.

04:18

Pray for this president.

04:20

And if you got any money to give, give it.

04:22

-This is the worst ASPCA commercial I've ever seen.

04:27

Soon, Lindsey is going to start singing Sarah McLaughlin

04:29

over pictures of Trump looking sad.

04:31

♪ In the arms of an angel ♪

04:34

"What's that, Mee-maw? What?

04:37

Well, maybe I could carry a tune better

04:40

if I wasn't carrying your pills around all day.

04:43

Yeah, I said it, Mee-maw.

04:46

Also, I don't think the pills work

04:48

when you wash them down with mint juleps,

04:52

you old hag.

04:57

I gotta go back to what I'm doing now.

05:05

I know they stopped laughing at the bit.

05:08

I'm here, too. I got ears just like you, mama.

05:19

Because it's the 1500th show

05:22

and I'm allowed to do what I want.

05:26

I know we're not making a big deal out of it.

05:28

Nobody knows but me."

05:31

[ Laughter ]

05:35

Hold on, no, no, no.

05:36

[ Cheers and applause ]

05:38

Trump's begging for money

05:40

because no one else will help him,

05:41

not even his rich buddies on Wall Street.

05:43

And that's not me saying that, that's coming from Fox News.

05:45

-As of yet, none of his billionaire friends

05:47

are ponying up money, from what I understand.

05:50

I've been asking them.

05:51

-What is behind their reluctance?

05:54

-Well, it's as of now, so let's see, it could change.

05:57

-Are they afraid that they might not see it anytime soon?

06:00

The money, if he even succeeds on appeal?

06:02

What's -- -Yeah.

06:04

I mean, that's one thing.

06:06

Just generally, Donald doesn't have a great record

06:08

of paying back banks over the years.

06:10

-What's the reason? They're afraid they're never going to see the money again?

06:13

-I have no idea what their exact reason.

06:15

-You want me to postulate here? -Sure.

06:18

-I just think that they don't think they're gonna get their money back.

06:20

-Yeah. No -- No [bleep].

06:22

You'd have a better chance getting your money

06:24

back from a shredder.

06:27

Donald Trump has stiffed contractors, banks,

06:29

employees, the government, his own lawyers.

06:31

Anyone who expects to get the money Trump owes them

06:33

ends up looking like this.

06:36

I mean, seriously, listen to this part again.

06:39

-Just generally, Donald doesn't have a great record

06:41

of paying back banks over the years.

06:44

-"Generally." Imagine going in for a loan.

06:47

"And just one last question,

06:49

are you the kind of person who pays people back?"

06:50

"Generally... No."

06:55

"Okay. What about sporadically?"

06:57

"Also, no. I don't like that part."

07:02

Things are so bad for Trump that his buddies are

07:03

now openly begging rich guys to give money on TV.

07:07

Here's Trump's former economic advisor, Larry Kudlow,

07:09

asking Shark Tank billionaire Kevin O'Leary to loan Trump the money.

07:13

Watch as O'Leary completely ignores the question.

07:15

-Now I was wondering, if he can't get to the Supreme Court,

07:19

will you loan him to the $460 million?

07:22

-[ Laughs ] You know -- -Just to help,

07:23

in order to protect America's name?

07:25

Think of it that way.

07:27

-To get the bond -- he was able to get

07:28

the 90-plus million from Schwab.

07:30

-Yeah. -I don't know of a bond

07:33

more than 90 million I don't recall one.

07:35

And so you need cash to back up the bond insurance.

07:39

And so now we're talking about the terminology

07:43

of "seizing assets" that actually --

07:47

that's foreign language to an American investor.

07:51

-Loaning Donald Trump half a billion dollars

07:53

wouldn't even be a good business plan on a show

07:55

called "[Bleep] Tank,"

07:58

although shame on Kudlow for not knowing

07:59

that when you have a shark in front of you,

08:01

you can't just ask for money.

08:02

You have to pitch them the product.

08:03

Maybe that's Trump's next move.

08:04

He could bring Lindsey Graham as his sidekick.

08:06

"And now allow me to introduce my business partner, Lindsey.

08:09

Lindsey, would you like to say a few words to the sharks?"

08:12

-If you got any money to give, give it.

08:16

-"The callback worked, Meemaw!

08:19

Yeah, who's laughing now, Meemaw?"

08:25

"Oh, oh, who got quiet?"

08:29

Trump's been reduced to begging donors and friends

08:31

for money because no financial institution will give him the amount he owes.

08:34

Over the weekend, his son, Eric Trump,

08:36

explained the reaction he's been getting when he tries

08:38

to borrow the money.

08:39

-Every single person, when I came to them saying,

08:40

"Hey, can I get a half billion dollar bond?"

08:42

Maria, they were laughing. They were laughing.

08:46

-Were they laughing at the amount

08:48

or were they laughing at you?

08:51

Like, did they laugh after you asked them,

08:53

or did it start when you walked in?

08:54

Like when you, Eric Trump,

08:56

asked them for half a billion dollars for your dad,

08:59

who generally doesn't pay people back?

09:02

Did they get up, walk to the door,

09:04

open it, and shout out to the rest of the office,

09:05

"Hey, everyone, get in! You got to see this!"

09:09

And then did they take out their phone, press record, and say,

09:11

"All right, now say it again. I want to send this

09:14

to 'America's Funniest Home Videos.'"

09:17

Trump is so desperate for the money,

09:19

he's even gutting the Republican National Committee

09:21

so he can install loyalists and drain the cash for himself.

09:24

-Donald Trump's allies have now ordered mass layoffs

09:27

at the Republican National Committee.

09:29

It comes just days after Trump's allies,

09:31

including his daughter-in-law, took command of the RNC.

09:35

Headlines calling it a, quote, bloodbath

09:37

and a, quote, mob-like takeover.

09:40

-Trump's own daughter-in-law is now the co-chair of the RNC,

09:45

and she's acting on a mandate to divert RNC committee spending

09:48

away from down ballot races, for instance,

09:53

and toward stuff important to her and her father-in-law --

09:56

Trump's various legal fees.

09:58

-Every single penny will go to the number one

10:01

and the only job of the RNC -- that is electing Donald J. Trump

10:04

as President of the United States.

10:06

-And when she says every penny, she means every penny.

10:09

Trump's going to go office to office,

10:11

shaking the change out of everyone's pockets.

10:13

He'll have his heavy Lindsey Graham with him

10:15

to intimidate people.

10:20

"I'm going to break your knuckles if you don't pony up.

10:22

So if you got any money to give..."

10:24

-Give it.

10:33

-This has been A Closer Look.

10:45

Or don't.